Company: AKO-B
Filing Date: 2025-05-07
Form Type: 6-K
Source: 0001104659-25-045391
Chunk: 66

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-05-07
Form: 6-K
Chunk 66
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 to secure some of its bond debt issued in Unidades de Fomento
totaling UF 8,393,843 (UF 8,462,025 as of December 31, 2024), to convert those obligations to CLP.

These contracts were valued at their fair values,
resulting in a non-current asset at the closing date of the financial statements of ThCh$ 91,896,807 (non-current asset of ThCh$ 85,252,373
as of December 31, 2024), which is presented within other non-current financial assets. The maturity date of the derivative contracts
is distributed in 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$34,351,042, while the second contract records a non-current liability of ThCh$ 27,695,752, resulting
in a combined total liability of ThCh$ 62,046,794 compared to a combined total liability of both of ThCh$ 41,788,072 as of December 31,
2024. The third contract, meanwhile, reflects non-current assets of Th$ 45,331,931 compared to non-current assets of Th$ 59,298,394 at
the end of 2024.

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 2025 and 2024 , 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