CCU Files Interim Financials for Q1 2024
Ticker: CCU · Form: 6-K · Filed: May 15, 2024 · CIK: 888746
| Field | Detail |
|---|---|
| Company | United Breweries CO INC (CCU) |
| Form Type | 6-K |
| Filed Date | May 15, 2024 |
| Risk Level | low |
| Pages | 13 |
| Reading Time | 16 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, interim-report, foreign-issuer
TL;DR
CCU dropped Q1 2024 financials, check for performance updates.
AI Summary
Compañía Cervecerías Unidas S.A. (CCU), also known as United Breweries Company, Inc., filed its interim consolidated financial statements for the period ending March 31, 2024. The filing, submitted on May 15, 2024, provides an update on the company's financial performance.
Why It Matters
This filing provides investors with an update on the financial health and performance of Compañía Cervecerías Unidas S.A. during the first quarter of 2024.
Risk Assessment
Risk Level: low — This is a routine financial filing providing an update on past performance, not indicating new risks.
Key Players & Entities
- Compañía Cervecerías Unidas S.A. (company) — Registrant
- United Breweries Company, Inc. (company) — English translation of Registrant's name
- March 31, 2024 (date) — End of reporting period
- May 15, 2024 (date) — Filing date
FAQ
What is the exact name of the company filing this report?
The exact name of the company is Compañía Cervecerías Unidas S.A.
What is the English translation of the company's name?
The English translation of the company's name is United Breweries Company, Inc.
What period do these interim consolidated financial statements cover?
The interim consolidated financial statements cover the period ending March 31, 2024.
On what date was this Form 6-K filed with the SEC?
This Form 6-K was filed on May 15, 2024.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
Filing Stats: 3,998 words · 16 min read · ~13 pages · Grade level 17.4 · Accepted 2024-05-15 12:26:14
Filing Documents
- ccufs1q24_6k.htm (6-K) — 4377KB
- ccufs1q246k_001.jpg (GRAPHIC) — 8KB
- ccufs1q246k_002.jpg (GRAPHIC) — 2KB
- 0001292814-24-002094.txt ( ) — 4392KB
FINANCIAL STATEMENTS
FINANCIAL STATEMENTS (Figures expressed in thousands of Chilean pesos) As of and for the three-months period ended March 31, 2024 INDEX Interim CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Assets) 4 Interim CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Liabilities and equity) 5 Interim CONSOLIDATED STATEMENTS OF INCOME 6 Interim CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME 7 Interim CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY 8 Interim CONSOLIDATED STATEMENTS OF CASH FLOWS 9 Note 1 General Information 10 Note 2 Summary of material accounting policies 19 2.1 Basis of preparation 19 2.2 Basis of consolidation 20 2.3 Financial information as per operating segments 21 2.4 Foreign currency and adjustment units 21 2.5 Cash and cash equivalents 23 2.6 Other financial assets 23 2.7 Financial instruments 23 2.8 Financial asset impairment 26 2.9 Inventories 26 2.10 Current biological assets 27 2.11 Other non-financial assets 27 2.12 Property, plant and equipment 27 2.13 Leases 28 2.14 Investment properties assets 28 2.15 Intangible assets other than goodwill 28 2.16 Goodwill 29 2.17 Impairment of non-financial assets other than goodwill 29 2.18 Non-current assets of disposal groups classified as held for sale 29 2.19 Income taxes 30 2.20 Employees benefits 30 2.21 Provisions 31 2.22 Revenue recognition 31 2.23 Commercial agreements with distributors and supermarket chains 31 2.24 Cost of sales of products 32 2.25 Other incomes by function 32 2.26 Other expenses by function 32 2.27 Distribution expenses 32 2.28 Administrative expenses 32 2.29 Environment liabilities 32 Note 3 Estimates and application of professional judgment 33 Note 4 Accounting changes 33 Note 5 Risk Administration 34 Note 6 Financial Information as per operating segments 40 Note 7 Financial Instruments 45 Note 8 Cash and cash equivalents 52 Note 9 Other non-financial a