For the years ended December 31
			2007			2006
			ThCh$			ThCh$
Cash flows from operating activities
Collection of accounts receivable			851,831,240			767,965,036
Interest income received			7,223,800			4,060,335
Dividends and other distributions received			54,752,613			52,942,081
Other income received			14,137,831			15,630,751
Payments to suppliers and employees			(805,158,059)			(727,664,468)
Interest paid			(27,987,823)			(27,186,949)
Income taxes paid			(9,186,212)			(11,048,923)
Other operating expenses paid			(6,589,929)			(4,693,945)
VAT and other taxes paid			(7,513,684)			(10,240,580)
Net cash flows provided by operating activities			71,509,777			59,763,338
Cash flows from financing activities
Capital increase			73,465,374			10,163,418
Borrowings			264,966,380			158,901,903
Other borrowings from related companies			-			1,404,328
Other sources of financing			-			6,990,155
Dividends paid			(20,079,000)			(18,858,604)
Capital distributions			(5,079,808)			(230,556)
Repayment of loans			(255,798,900)			(149,803,782)
Repayment of bonds			(12,897,412)			(11,692,785)
Other amounts used in financing activities			(383,750)			(1,774,102)
Net cash flows provided by (used in) financing activities			44,192,884			(4,900,025)
Cash flows from investing activities
Proceeds from sales of property, plant and equipment			4,376,441			4,631,266
Proceeds from sales of investments in related companies			53,044,514			772,005
Collection of specific term loans from related companies			-			90,663
Collection of other loans from related companies			954,336			1,326,006
Other income from investments			23,378,349			1,534,248
Additions to property, plant and equipment			(54,661,587)			(28,728,403)
Payments of capitalized interest			(179,745)			(77,704)
Purchase of investments in related companies			(69,911,765)			(1,939,612)
Investments in securities			(89,481,949)			(84,919,081)
Other loans granted to related companies			-			(9,251,665)
Other investing activities			(259,046)			-
Net cash flows used in investing activities			(132,740,452)			(116,562,277)
Net cash flows			(17,037,791)			(61,698,964)
Effect of price-level restatement on cash and cash equivalents			3,597,289			617,530
Net increase (decrease) in cash and cash equivalents			(13,440,502)			(61,081,434)
Cash and cash equivalents, beginning of year			43,553,609			104,635,043
Cash and cash equivalents, end of year			30,113,107			43,553,609
The accompanying notes form an integral part of these consolidated financial statements.