Company: AKO-B
Filing Date: 2025-09-29
Form Type: 6-K
Source: 0001104659-25-094135
Chunk: 71

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-09-29
Form: 6-K
Chunk 71
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On the other hand, the fair value of currency
forward agreements is calculated in reference to current forward exchange rates for contracts with similar maturity profiles.

The fair value of commodity swaps is calculated
based on expected future cash flows. This is determined using the current market prices of the forward contract, considering the agreed
maturity dates.

As of the date of these financial statements,
the Company holds the following derivative instruments:

| 22.1 | Accounting recognition of cross currency and rate swaps |

Cross Currency Swaps, related to Local Bonds (Chile)

At the closing date of these financial statements,
the Company maintains derivative contracts to secure some of its bond debt issued in Unidades de Fomento for a total amount of UF 8,229,980
(UF 8,393,843 as of March 31, 2025), to convert these obligations into CLP.

These contracts were valued at their fair value,
resulting in a non-current asset at the closing date of the financial statements of ThCh$89,838,252 (non-current asset of ThCh$91,896,807
as of March 31, 2025), which is presented under other non-current financial assets. The maturity dates of the derivative contracts
are distributed over the years 2026, 2031, 2034, and 2035.

Cross Currency Swaps, related to international bonds (US and Switzerland)

At the closing date of these financial statements,
the Company maintains derivative contracts linked to U.S. dollar-denominated obligations totaling US$300 million, of which US$150 million
have been converted into Chilean pesos indexed to inflation (UF), and US$150 million into Chilean pesos (CLP), with maturity in 2050.
Additionally, derivatives are held over Swiss franc-denominated obligations totaling CHF 170 million, which have been converted into Brazilian
reais (BRL), with maturity in 2028.

The fair value measurement of the first contract
results in a non-current liability of ThCh$28,860,802, while the second contract records a non-current liability of ThCh$28,479,878, resulting
in a combined total liability of ThCh$57,340,680 compared to a combined total liability of ThCh$62,046,794 as of March 31, 2025.
The third contract reflects a non-current asset of ThCh$52,860,147 compared to a non-current asset of ThCh$45,