Company: AKO-B
Filing Date: 2025-03-26
Form Type: 20-F
Source: 0001410578-25-000473
Chunk: 101

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-03-26
Form: 20-F
Item: Item 5
Chunk 101
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 equivalent of Ch$81,158 million in credit available from eleven lines of credit, which remained unused as of December 31, 2024. In Chile, we had the equivalent of Ch$7,000 million in credit available from one line of credit, which has not been used. In Paraguay, we had the equivalent of Ch$14,647 million in credit available from one line of credit, which has not been used.
For information regarding the cash flows from financing activities 2023 vs 2022, see “Item 5. Operating and Financial Review and Prospects –B. Liquidity and Capital Resources –Capital Resources, Treasury and Funding Policies,” in our Company’s annual report on Form 20-F for the fiscal year ended December 31, 2023.
Liabilities
As of December 31, 2024, our total liabilities, excluding non-controlling interest, were Ch$2,276,707 million, representing a 13.8% increase compared to December 31, 2023. 
Current liabilities increased by Ch$213,273 million, 30.8% compared to December 2023, mainly due to increase in Other current non-financial liabilities (Ch$99,730 million), mainly explained by the recognition of a higher interim dividend. In addition to the above increase, there was an increase in Other current financial liabilities (Ch$57,333 million) due to the increase in bank obligations in Argentina and in Chile for Re-Ciclar S.A. and ECSA, and an increase in Trade and other current accounts payable (Ch$28,163 million), mainly in Brazil. 
Non-current liabilities increased by Ch$62,899 million, 4.8% compared to December 2023, mainly due to the increase in Deferred tax liabilities (Ch$44,498 million), due to the increase in the deferred liability for ICMS credit in Brazil, due to the exchange difference on debt in Brazil, added to the increase in fixed assets in Chile and Argentina. In addition, there was an increase in Other non-current financial liabilities (Ch$22,217 million), mainly due to the variation in UF and the exchange rate effect on certain of the company’s bonds. 
As of December 31, 2024, our bond obligation had a weighted average interest rate of 3.50% in UF, 3.95% in US$ and 2.71% in CHF, while our bank obligation had a weighted average interest rate