Company: AKO-B
Filing Date: 2025-03-26
Form Type: 20-F
Source: 0001410578-25-000473
Chunk: 100

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-03-26
Form: 20-F
Item: Item 5
Chunk 100
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Cash flows from operating activities during 2024 amounted to Ch$357,242 million compared to Ch$366,830 million in 2023. The decrease in cash flow generation was mainly due higher payment to suppliers and employees. 
For information regarding the cash flows from operating 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.

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Cash Flows from Investing Activities 2024 vs. Cash Flows from Investing Activities 2023 and 2022
Cash flows for investment activities (includes purchase and sale of property, plant and equipment; investments in associated companies; and financial investments) generated a negative cash flow of Ch$289,853 million in 2024 compared to a negative cash flow of Ch$158,289 million during 2023. The variation of Ch$131,564 million with respect to the previous year is mainly explained by a higher Capex in 2024 of Ch$98,834 million, added to lower redemptions of financial instruments as compared to 2023 in the amount of Ch$32,000 million. 
For information regarding the cash flows from investing 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.
Cash Flows from Financing Activities 2024 vs. Cash Flows from Financing Activities 2023 and 2022
Financing activities generated a negative cash flow of Ch$119,758 million in 2024, with a positive variation of Ch$67,369 million with respect to the previous year, which is mainly explained by the payment in 2023 of a bond and its associated derivative, in addition to higher amounts from loans.
As of December 31, 2024, 22 short-term credit lines are available for an amount equivalent to Ch$231,731 million, of which of which Ch$27,245 is in use. In Argentina, we had the equivalent of Ch$128,926 million in credit available from nine lines of credit, of which Ch$27,245 is currently in use. In Brazil, we had the