Company: AKO-B
Filing Date: 2025-05-07
Form Type: 6-K
Source: 0001104659-25-045391
Chunk: 67

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-05-07
Form: 6-K
Chunk 67
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statements, outstanding contracts amount to USD 80.8 million (USD 89.0 million as of December 31, 2024).

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:

Embotelladora Andina entered into sugar swap contracts
No. 5 to secure the price of future sugar purchases for the Chilean operation. At the closing date of these financial statements,
the outstanding contracts amount to USD 2.1 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$ 138,086,869 (ThCh$ 148,655,771 as of December 31, 2024) and held liabilities
for derivative contracts for ThCh$ 63,915,184 (ThCh$ 42,149,462 as of December 31, 2024). 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 March 31, 202