Company: AKO-B
Filing Date: 2025-01-28
Form Type: 6-K
Source: 0001104659-25-006714
Chunk: 24

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-01-28
Form: 6-K
Chunk 24
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7 
           pp |   |

Liquidity

Current Liquidity showed a negative variation
of 21.1% with respect to December 2023, explained by the increase in current liabilities (30.8%) which was greater than the increase
in current assets (3.2%).

The Acid Ratio showed a decrease of 27.2% with
respect to December 2023, for the reasons explained above in addition to the increase in inventories (28.7%) in the period. Current assets
excluding inventories showed a decrease of 4.7% compared to December 2023.

Activity

At the closing of December 2024, investments
amounted to CLP 302,519 million, which corresponds to an increase of 35.9% compared to the same period of 2023, mainly explained by higher
productive investments (such as the brewery in Brazil).

Inventory turnover reached 7.3 times, showing
an increase of 9.1% versus the same period of 2023, mainly explained by the 21.4% increase in cost of sales, which was higher than the
increase in average inventory (11.3%) versus the same period of 2023.

Indebtedness

Indebtedness Ratio reached 0.7 times at the end
of December 2024, which corresponds to a decrease of 0.9% compared to the end of December 2023. This is mainly due to the increase in
total equity (10.1%), which was greater than the increase in net financial debt (9.1%).

The Financial Expense Coverage indicator shows
a decrease of 6.9% when compared to December 2023, reaching a value of 12.7 times. This is explained by the fact that the increase in
net financial expenses in the rolling 12-month period (32.1%) was higher than the increase in Adjusted EBITDA in the rolling 12-month
period (23.0%).

*Definitions used are contained in the Glossary on page 16 of this document.

| COCA-COLA ANDINA      |      |
| 4Q24 EARNINGS RELEASE |      |
| www.koandina.com      |      |
|                       | -13- |

Net Financial Debt/Adjusted EBITDA reached a
value of 1.2 times at the end of December 2024, which represents a decrease of 11.3% compared to December