Company: AKO-B
Filing Date: 2025-09-29
Form Type: 6-K
Source: 0001104659-25-094135
Chunk: 72

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-09-29
Form: 6-K
Chunk 72
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331,931 at the end of March 2025.

The amount of exchange differences recognized
in the statement of income related to financial liabilities in U.S. dollars and Swiss francs is absorbed by the amounts recognized under
comprehensive income.

| 22.2 | Forward currency contracts for highly probable expected transactions: |

During 2025, Embotelladora Andina entered into
forward contracts to hedge the exchange rate of future purchases of raw materials for its four operations, closing forward instruments
in USD/ARS, USD/BRL, USD/CLP, and USD/PYG. At the date of these financial statements, the outstanding contracts amount to US$ 92.5 million
(US$ 80.8 million as of March 31, 2025).

Forward contracts that hedge future commodity
prices have been designated as hedging contracts as they meet the documentation requirements of IFRS, and therefore their effects on changes
in fair value are recognized in other comprehensive income.

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| 22.3 | Raw material swap for highly probable expected transactions: |

Embotelladora Andina entered into No. 5 sugar
swap contracts to hedge the price of future sugar purchases for its Chilean operations. At the date of these financial statements, the
outstanding contracts amounted to US$ 2.97 million.

Forward contracts that hedge future raw material
prices have been designated as hedging contracts as they meet the documentation requirements of IFRS, and therefore their effects on changes
in fair value are recognized in other comprehensive income.

| 22.4 | Fair value hierarchies |

At the closing date of these financial statements,
the Company held assets for derivative contracts for ThCh$143,088,729 (ThCh$138,086,869 as of March 31, 2025) and liabilities for
derivative contracts for ThCh$60,941,811 (ThCh$63,915,184 as of March 31, 2025). Those contracts covering existing items have been
classified in the same category of hedged, the net amount of derivative contracts by concepts covering forecasted items have been classified
in current and non-current financial assets and financial liabilities. All the derivative contracts are carried at fair value in the consolidated
statement of financial position.

The Company uses the following hierarchy for determining
and disclosing the fair value of financial instruments by valuation technique:

| Level 
 1:    |     | quoted (unadjusted