Company: AKO-B
Filing Date: 2025-11-12
Form Type: 6-K
Source: 0001104659-25-109492
Chunk: 11

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-11-12
Form: 6-K
Chunk 11
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 in a foreign currency are converted using the exchange rate in effect at the date of the initial transaction. Non-monetary items
measured at fair value in a foreign currency are converted using the exchange rate in effect at the date on which fair value is determined.
Losses or gains arising from the conversion of non-monetary items measured at fair value are recorded in accordance with the recognition
of losses or gains arising from the change in the fair value of the respective item (e.g., exchange differences arising from items whose
fair value gains or losses are recognized in another overall result or in results are also recognized in the statement of comprehensive
income).

<div align='center'>10</div>

Functional currency in hyperinflationary economies

Beginning July 2018, Argentina's economy
is considered as hyperinflationary, according to the criteria established in the International Accounting Standard No. 29 “Financial
information in hyperinflationary economies” (IAS 29). This determination was carried out based on a series of qualitative and quantitative
criteria, including an accumulated inflation rate of more than 100% for three years. In accordance with IAS 29, the financial statements
of companies in which Embotelladora Andina S.A. participates in Argentina have been retrospectively restated by applying a general price
index to the historical cost, in order to reflect the changes in the purchasing power of the Argentine peso, as of the closing date of
these consolidated financial statements.

Non-monetary assets and liabilities were restated
since February 2003, the last date an inflation adjustment was applied for accounting purposes in Argentina. In this context, it
should be mentioned that the Group made its transition to IFRS on January 1, 2004, applying the attributed cost exemption for Property,
plant and equipment.

For consolidation purposes in Embotelladora Andina
S.A. and as a result of the adoption of IAS 29, the results and financial position of our Argentine subsidiaries were converted to the
closing exchange rate (ARS/CLP) at the date of presentation of these financial statements , in accordance with IAS 21 "Effects of
foreign currency exchange rate variations", when dealing with a hyperinflationary economy.

The comparative amounts in the consolidated financial
statements are those that were presented as current year amounts in the relevant financial statements of the previous year (i.e., not
adjusted for subsequent changes in price level or exchange rates). This results in differences between the closing net equity of the previous