Company: AKO-B
Filing Date: 2025-02-10
Form Type: 6-K
Source: 0001104659-25-010792
Chunk: 17

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-02-10
Form: 6-K
Chunk 17
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A financial asset (or, where applicable, a portion of a financial asset or a portion of a group of similar financial assets) is initially disposed (for example, canceled in the Group's consolidated financial statements) when:

| - | The                                                       
 rights to receive cash flows from the asset have expired, |

| - | The                                                                                        
 Group has transferred the rights to receive the cash flows of the asset or has assumed the 
 obligation to pay all cash flows received without delay to a third party under a transfer  
 agreement; and the Group (a) has substantially transferred all risks and benefits of       
 the asset, or (b) has not substantially transferred or retained all risks and benefits     
 of the asset but has transferred control of the asset.                                     |

| 2.9.2 | Financial Liabilities |

Financial liabilities are classified as a fair value financial liability at the date of their initial recognition, as appropriate, with changes in results, loans and credits, accounts payable or derivatives designated as hedging instruments in an effective coverage.

All financial liabilities are initially recognized at fair value and transaction costs directly attributable are netted from loans and credits and accounts payable.

The Group's financial liabilities include trade and other accounts payable, loans and credits, including those discovered in current accounts, and derivative financial instruments.

The classification and subsequent measurement of the Group's financial liabilities are as follows:

| - | Fair                                                                                         
 value financial liabilities with changes in results include financial liabilities held for   
 trading and financial liabilities designated in their initial recognition at fair value with 
 changes in results. The losses or gains of liabilities held for trading are recognized in    
 the income statement.                                                                        |

| - | Loans                                                                                       
 and credits are valued at cost or amortized using the effective interest rate method. Gains 
 and losses are recognized in the income statement when liabilities are disposed, as well    
 as interest accrued in accordance with the effective interest rate method.                  |

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A financial liability is disposed of when the obligation is extinguished, cancelled or expires. Where an existing financial liability is replaced by another of the same lender under substantially different conditions, or where the conditions of an existing liability are substantially modified, such exchange or modification is treated as a disposal of the original liability and the recognition of the new obligation. The difference in the values in the respective books is recognized in the statement of income.

| 2.9.3 | Offsetting financial instruments |

Financial assets and financial liabilities are offset with the corresponding net amount presenting the corresponding net amount