Company: AKO-B
Filing Date: 2025-05-07
Form Type: 6-K
Source: 0001104659-25-045391
Chunk: 28

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-05-07
Form: 6-K
Chunk 28
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 cost of vacations and other employee benefits on an accrual basis. These liabilities are recorded under
current non-financial liabilities.

| 2.23 | New Standards, Interpretations and Amendments to IFRS |

Amendments to IAS 21 - Non-convertibility. Issued
in August 2023, this amendment affects an entity that has a transaction or operation in a foreign currency that is not convertible
into another currency for a specific purpose at the measurement date. A currency is convertible into another currency when it is possible
to obtain the other currency (with a normal administrative delay), and the transaction is carried out through a market or convertibility
mechanism that creates enforceable rights and obligations. This amendment establishes the guidelines to be followed to determine the exchange
rate to be used in situations of absence of convertibility as mentioned above.

The adoption of the standards, amendments and interpretations described
above do not have a significant impact on the consolidated financial statements of the Company.

| 2.23.2 | Standards, interpretations and amendments issued, the application of which is not yet mandatory, for 
 which early adoption has not been made.                                                              |

Amendment to IFRS 9 and IFRS 7 - Classification
and Measurement of Financial Instruments. Published in May 2024, this amendment intends to:

| · | Clarify the requirements for the timing of recognition                                                                                        
 and derecognition of some financial assets and liabilities, with a new exception for some financial liabilities settled through an electronic 
 cash transfer system;                                                                                                                         |
| · | Clarify and add further guidance for assessing                                                                                                
 whether a financial asset meets the principal-and-interest-only payment (SPPI) criterion;                                                     |
| · | Add new disclosures for certain instruments with                                                                                              
 contractual terms that may change cash flows (such as some instruments with features linked to the achievement of environmental, social       
 and governance (ESG) goals); and                                                                                                              |
| · | Make updates to disclosures for equity instruments                                                                                            
 designated at fair value through other comprehensive income (FVOCI).                                                                          |

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Annual Improvements to IFRS - Volume 11. The following
improvements were published in July 2024:

| · | IFRS 1 First-time Adoption of International Financial                                                                                   
 Reporting Standards. Some cross-references to IFRS 9 indicated in paragraphs B5-B6 regarding the retrospective application exception in 
 hedge accounting were improved.                                                                                                         |
| · |