CCU Files Interim Financials for Q2 2024
Ticker: CCU · Form: 6-K · Filed: Aug 12, 2024 · CIK: 888746
| Field | Detail |
|---|---|
| Company | United Breweries CO INC (CCU) |
| Form Type | 6-K |
| Filed Date | Aug 12, 2024 |
| Risk Level | low |
| Pages | 13 |
| Reading Time | 16 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-statements, interim-report, foreign-issuer
TL;DR
CCU dropped Q2 2024 financials, check the numbers.
AI Summary
Compañía Cervecerías Unidas S.A. (CCU), also known as United Breweries Company, Inc., filed a Form 6-K on August 12, 2024, reporting interim consolidated financial statements for the period ending June 30, 2024. The filing is from the Republic of Chile and includes financial data for CCU and its subsidiaries.
Why It Matters
This filing provides investors with an update on the financial performance of Compañía Cervecerías Unidas S.A. and its subsidiaries, offering insights into their operational results for the second quarter of 2024.
Risk Assessment
Risk Level: low — This is a routine financial filing and does not contain significant new risk disclosures.
Key Players & Entities
- Compañía Cervecerías Unidas S.A. (company) — Registrant
- United Breweries Company, Inc. (company) — English translation of Registrant's name
- Republic of Chile (company) — Jurisdiction of incorporation
- August 12, 2024 (date) — Filing date
- June 30, 2024 (date) — Reporting period end date
FAQ
What is the primary purpose of this Form 6-K filing?
The primary purpose is to report interim consolidated financial statements for Compañía Cervecerías Unidas S.A. and its subsidiaries for the period ending June 30, 2024.
When was this Form 6-K filed with the SEC?
This Form 6-K was filed on August 12, 2024.
What is the jurisdiction of incorporation for Compañía Cervecerías Unidas S.A.?
The jurisdiction of incorporation is the Republic of Chile.
What is the English translation of the Registrant's name?
The English translation of the Registrant's name is United Breweries Company, Inc.
Does the company file annual reports under Form 20-F or 40-F?
The company indicates it files annual reports under Form 20-F.
Filing Stats: 3,937 words · 16 min read · ~13 pages · Grade level 17.1 · Accepted 2024-08-12 12:43:02
Filing Documents
- ccufs2q24_6k.htm (6-K) — 4823KB
- image_001.jpg (GRAPHIC) — 8KB
- image_002.jpg (GRAPHIC) — 2KB
- 0001292814-24-003108.txt ( ) — 4838KB
FINANCIAL STATEMENTS
FINANCIAL STATEMENTS (Figures expressed in thousands of Chilean pesos) As of and for the six months period ended June 30, 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 9 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 24 2.7 Financial instruments 24 2.8 Financial asset impairment 26 2.9 Inventories 27 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 30 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 32 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 46 Note 8 Cash and cash equivalents 53 Not