Company: AKO-B
Filing Date: 2025-05-07
Form Type: 6-K
Source: 0001104659-25-045391
Chunk: 22

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-05-07
Form: 6-K
Chunk 22
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 taxable profits will be available against which the temporary differences can be utilized.

The Company does not recognize deferred income
taxes for temporary differences from investments in subsidiaries in which the Company can control the timing of the reversal of the temporary
differences and it is probable that they will not be reversed in the near future.

The Group offsets deferred tax assets and liabilities
if and only if it has legally recognized a right to offset against the tax authority the amounts recognized in those items; and intends
to settle the resulting net debts, or to realize the assets and simultaneously settle the debts that have been offset by them.

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| 2.16 | Provisions |

Provisions are recognized when the Company has
a present legal or constructive obligation as a result of past event, it is probable that an outflow of resources will be required to
settle the obligation, and the amount can be reliably estimated.

Provisions are measured at the present value of
the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the
time value of money and the risks specific to the obligation.

| 2.17 | Leases |

In accordance with IFRS 16 “Leases”
Embotelladora Andina analyzes, at the beginning of the contract, the economic background of the agreement, to determine if the contract
is, or contains, a lease, evaluating whether the agreement transfers the right to control the use of an identified asset for a period
of time in exchange for a consideration. Control is considered to exist if the client has i) the right to obtain substantially all the
economic benefits from the use of an identified asset; and ii) the right to direct the use of the asset.

The Company when operating as a lessee, at the
beginning of the lease (on the date the underlying asset is available for use) records an asset for the right-of-use in the statement
of financial position (under Property, plant and equipment) and a lease liability (under Other financial liabilities).

This asset is initially recognized at cost, which
includes: i) value of the initial measurement of the lease liability; ii) lease payments made up to the start date less lease incentives
received; iii) the initial direct costs incurred; and iv) the estimation of costs for dismantling or restoration. Subsequently, the right-of-use
asset is measured at cost, adjusted by any new measurement of the lease liability, less accumulated depreciation and accumulated