Company: AKO-B
Filing Date: 2025-02-10
Form Type: 6-K
Source: 0001104659-25-010792
Chunk: 49

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-02-10
Form: 6-K
Chunk 49
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 the years 2026, 2031, 2034 and 2035.

Cross Currency Swaps, associated with international Bonds (U.S.A. and Switzerland)

At the end of the fiscal year, the Company holds
derivative contracts linked to US dollar obligations for USD 300 million, of which USD150 million is converted into inflation-adjusted
Chilean pesos (UF) and USD 150 million into Chilean pesos (CLP), maturing in 2050. Additionally, derivatives on Swiss franc obligations
for CHF 170 million are included, converted to Brazilian reals (BRL), maturing in 2028.

The fair value measurement of the first contract
reports a non-current liability of ThCh$17,611,810, while the second contract records a non-current liability of ThCh$24,176,267, resulting
in a combined total liability of ThCh$41,788,077 compared to a combined total liability of both of ThCh$52,449,9 25 as of December 31,
2023. The third contract, meanwhile, reflects non-current assets of Th$59,298,394 compared to non-current assets of Th$7,935,524 at the
end of 2023.

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 transactions expected to be very likely |

During the years 2024 and 2023 , Embotelladora Andina entered into forward contracts to ensure the exchange rate on future commodity purchasing needs for its 4 operations, closing forward instruments in USD/ARS, USD/BRL, USD/CLP, and USD/PYG.At the closing date of these financial
statements, outstanding contracts amount to USD 89.0 million (USD 87.4 million as of December 31, 2023).

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

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| 22.3 | Swap of raw material of highly probable expected transactions: |

During the year 2024, Embotelladora Andina entered
into sugar swap contracts No. 5 to secure the price of future sugar purchases for the Chilean