Company: AKO-B
Filing Date: 2025-02-10
Form Type: 6-K
Source: 0001104659-25-010792
Chunk: 50

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-02-10
Form: 6-K
Chunk 50
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 operation. At the closing date of these
financial statements, the outstanding contracts amount to USD 1.7 million.

Forward contracts that ensure prices of future
raw materials have not been designated as hedge agreements, since they do not fulfill IFRS documentation requirements, whereby its effects
on variations in fair value are accounted for directly under other comprehensive income.

| 22.4 | Fair value hierarchy |

At the closing date of these financial statements,
the Company held assets for derivative contracts for ThCh$ 148,655,771 (ThCh$ 80,083,558 as of December 31, 2023) and held liabilities
for derivative contracts for ThCh$ 42,149,462 (ThCh$ 53,908,135 as of December 31, 2023). Those contracts covering existing items
have been classified in the same category of hedged items, 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) prices in active markets for identical assets                                                            
 or liabilities                                                                                                               |
| Level 2: | Inputs other than quoted prices included in level 1 that are                                                                 
 observable for the assets and liabilities, either directly (that is, as prices) or indirectly (that is, derived from prices) |
| Level 3: | Inputs for assets and liabilities that are not based on observable                                                           
 market data.                                                                                                                 |

During the reporting period, there were no transfers
of items between fair value measurement categories; all of which were valued during the period using level 2.

|                                         |     | Fair Value Measurement at December 31, 2024 |                                 |     |             |     |              |     |             |
|:----------------------------------------|:----|:--------------------------------------------|:--------------------------------|:----|------------:|:----|:-------------|:----|------------:|
|                                         |     |                                             | Quoted                          
 prices in active markets for    |     |  Observable |     | Unobservable |     |             |
|                                         |     |                                             | identical assets or liabilities |     |      market 
        data |     | market data  |     |             |
|                                         |     |                                             | -Level 1