CCU Files 6-K with Q3 2024 Financials

Ticker: CCU · Form: 6-K · Filed: Nov 7, 2024 · CIK: 888746

United Breweries CO INC 6-K Filing Summary
FieldDetail
CompanyUnited Breweries CO INC (CCU)
Form Type6-K
Filed DateNov 7, 2024
Risk Levellow
Pages13
Reading Time16 min
Sentimentneutral

Sentiment: neutral

Topics: financials, foreign-issuer, interim-report

TL;DR

CCU dropped its Q3 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 November 7, 2024, reporting its interim consolidated financial statements for the period ending September 30, 2024. The filing provides financial updates for the Chilean company, which operates in the malt beverages sector.

Why It Matters

This filing provides investors with crucial interim financial data for Compañía Cervecerías Unidas S.A., enabling them to assess the company's performance and make informed investment decisions.

Risk Assessment

Risk Level: low — This is a routine financial filing (6-K) providing interim financial statements, which is standard for foreign issuers.

Key Players & Entities

FAQ

What is the reporting period for the interim consolidated financial statements filed?

The reporting period for the interim consolidated financial statements is the period ending September 30, 2024.

What is the exact name of the registrant as specified in its charter?

The exact name of the registrant is Compañía Cervecerías Unidas S.A.

What is the English translation of the registrant's name?

The English translation of the registrant's name is United Breweries Company, Inc.

In which jurisdiction was the registrant incorporated or organized?

The registrant was incorporated or organized in the Republic of Chile.

What is the filing date of this Form 6-K?

This Form 6-K was filed on November 7, 2024.

Filing Stats: 3,932 words · 16 min read · ~13 pages · Grade level 17.2 · Accepted 2024-11-07 15:18:22

Filing Documents

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS (Figures expressed in thousands of Chilean pesos) As of and for the nine-months period ended September 30, 2024 INDEX INTERIM CONSOLIDATED 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 20 2.1 Basis of preparation 20 2.2 Basis of consolidation 21 2.3 Financial information as per operating segments 22 2.4 Foreign currency and adjustment units 23 2.5 Cash and cash equivalents 25 2.6 Other financial assets 25 2.7 Financial instruments 25 2.8 Financial asset impairment 27 2.9 Inventories 28 2.10 Current biological assets 28 2.11 Other non-financial assets 28 2.12 Property, plant and equipment 28 2.13 Leases 29 2.14 Investment properties assets 29 2.15 Intangible assets other than goodwill 29 2.16 Goodwill 30 2.17 Impairment of non-financial assets other than goodwill 30 2.18 Non-current assets of disposal groups classified as held for sale 31 2.19 Income taxes 31 2.20 Employees benefits 31 2.21 Provisions 32 2.22 Revenue recognition 32 2.23 Commercial agreements with distributors and supermarket chains 33 2.24 Cost of sales of products 33 2.25 Other incomes by function 33 2.26 Other expenses by function 33 2.27 Distribution expenses 33 2.28 Administrative expenses 33 2.29 Environment liabilities 33 Note 3 Estimates and application of professional judgment 34 Note 4 Accounting changes 34 Note 5 Risk Administration 35 Note 6 Financial Information as per operating segments 42 Note 7 Financial Instruments 47 Note 8 Cash and cash equivalents 54 Note 9 Other non-financia

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