$AKO-A

ANDINA BOTTLING CO INC

CIK:0000925261|SEC Filings

Consolidated Statements of Income by Function - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Consolidated Statements of Income by Function
Net sales	$ 3,344,835,851	$ 3,224,233,005	$ 2,618,437,052
Cost of sales	(2,037,679,124)	(1,945,363,408)	(1,601,997,255)
Gross profit	1,307,156,727	1,278,869,597	1,016,439,797
Other income	13,382,457	21,479,861	1,310,489
Distribution expenses	(296,664,592)	(289,987,008)	(227,807,179)
Administrative expenses	(555,125,622)	(561,801,213)	(431,295,515)
Other expenses, by function	(30,114,433)	(36,650,029)	(26,441,583)
Other (losses) gains	(1,817,033)	0	(15,909,117)
Financial income	18,439,612	28,959,918	31,396,167
Financial expenses	(68,218,413)	(70,413,883)	(65,288,352)
Share of profit of investments in associates and joint ventures accounted for using the equity method	2,913,896	997,644	2,716,169
Foreign exchange differences	(3,424,890)	(7,406,704)	(17,216,130)
Result of indexation units	(5,893,367)	3,988,588	(7,398,952)
Net Income before income taxes	380,634,342	368,036,771	260,505,794
Income tax expense	(110,156,927)	(133,392,646)	(85,994,307)
Net Income	270,477,415	234,644,125	174,511,487
Net income attributable to
Owners of the parent	268,696,936	232,662,884	171,441,410
Non-controlling interests	1,780,479	1,981,241	3,070,077
Net Income	$ 270,477,415	$ 234,644,125	$ 174,511,487
Earnings per Share, basic and diluted
Earnings per share, basic	$ 283.86	$ 245.8	$ 181.12
Earnings per share, diluted	283.86	245.8	181.12
Series A share
Earnings per Share, basic and diluted
Earnings per share, basic	270.35	234.09	172.49
Earnings per share, diluted	270.35	234.09	172.49
Series B share
Earnings per Share, basic and diluted
Earnings per share, basic	297.38	257.5	189.74
Earnings per share, diluted	$ 297.38	$ 257.5	$ 189.74

Consolidated Statements of Cash Flows - Direct Method - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash flows provided by Operating Activities
Receipts from the sale of goods and the rendering of services (including taxes)	$ 4,445,641,158	$ 4,455,460,124	$ 3,716,722,747
Payments for Operating Activities
Payments to suppliers for goods and services (including taxes)	(3,001,163,980)	(3,194,881,778)	(2,577,032,215)
Payments to and on behalf of employees	(344,307,581)	(340,368,155)	(260,336,901)
Other payments for operating activities (value-added taxes on purchases, sales and others)	(484,173,175)	(407,950,607)	(394,507,399)
Dividends received	2,694,175	2,752,778	8,013,426
Interest payments	(57,331,558)	(65,837,409)	(67,010,058)
Interest received	6,867,020	10,024,203	14,354,013
Income tax payments	(103,077,570)	(85,380,681)	(71,269,988)
Other cash movements (tax on bank debits Argentina and others)	(4,021,087)	(16,576,564)	(2,103,389)
Cash flows provided by Operating Activities	461,127,402	357,241,911	366,830,236
Cash flows used in Investing Activities
Proceeds from sale of Property, plant and equipment	171,461	1,222,276	142,208
Purchase of Property, plant and equipment	(277,822,215)	(291,541,611)	(192,707,498)
Collection on forward, term, option and financial exchange agreements			156,738
Sales of other current financial assets.	27,785,812		32,000,000
Other cash inflows (outflows)	1,289,585	466,704	2,119,674
Net cash flows used in Investing Activities	(248,575,357)	(289,852,631)	(158,288,878)
Cash Flows used in Financing Activities
Proceeds from changes in ownership interests in subsidiaries		2,344,883	4,119,966
Proceeds from short term loans	153,154,775	123,752,721	31,850,233
Loan payments	(84,947,461)	(62,776,958)	(26,378,491)
Lease liability payments	(14,446,410)	(10,347,356)	(6,299,217)
Dividend payments by the reporting entity	(195,890,117)	(158,408,120)	(165,877,422)
Proceeds from the issuance of bonds			167,739,096
Payment of bond principal	(18,425,349)	(16,910,371)	(330,996,600)
Proceeds (payments) from bond-related derivative instruments	(1,857,649)	2,587,025	138,715,637
Net cash flows used in Financing Activities	(162,412,211)	(119,758,176)	(187,126,798)
Net increase (decrease) in cash and cash equivalents before exchange differences	50,139,834	(52,368,896)	21,414,560
Effects of exchange differences on cash and cash equivalents	645,741	13,281,140	4,547,790
Effects of inflation in cash and cash equivalents in Argentina	(3,144,870)	(15,696,923)	(13,960,654)
Net increase (decrease) in cash and cash equivalents	47,640,705	(54,784,679)	12,001,696
Cash and cash equivalents - beginning of year	248,899,004	303,683,683	291,681,987
Cash and cash equivalents - end of years	$ 296,539,709	$ 248,899,004	$ 303,683,683

Consolidated Statements of Financial Position - CLP ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 296,539,709	$ 248,899,004
Other financial assets	45,974,709	76,586,583
Other non-financial assets	15,985,896	27,260,507
Trade and other accounts receivable, net	339,778,498	332,831,088
Accounts receivable from related companies	15,299,187	9,901,543
Inventory	304,550,609	299,970,909
Current tax assets	14,924,173	17,746,106
Total Current Assets	1,033,052,781	1,013,195,740
Non-Current Assets:
Other financial assets	164,370,936	169,420,303
Other non-financial assets	82,913,107	79,746,695
Trade and other receivables	187,644	335,723
Accounts receivable from related parties	8,000,924	292,931
Investments accounted for under the equity method	87,087,871	85,192,710
Intangible assets other than goodwill	719,489,720	693,383,630
Goodwill	137,128,318	144,681,420
Property, plant and equipment	1,179,385,259	1,097,773,572
Deferred tax assets	8,788,858	7,081,549
Total Non-Current Assets	2,387,352,637	2,277,908,533
Total Assets	3,420,405,418	3,291,104,273
Current liabilities
Other financial liabilities	62,418,990	110,330,460
Trade and other accounts payable	480,396,027	457,074,643
Accounts payable to related parties	102,102,553	94,376,420
Other provisions	2,433,147	1,522,426
Tax liabilities	14,207,862	28,369,276
Employee benefits current provisions	68,363,971	72,367,187
Other non-financial liabilities	489,967	142,103,582
Total Current Liabilities	730,412,517	906,143,994
Other financial liabilities	1,191,795,823	1,066,543,247
Trade accounts and other accounts payable	685,605	2,534,836
Accounts payable to related companies		380,465
Other provisions	55,378,062	53,723,373
Deferred tax liabilities	218,673,311	224,967,885
Employee benefits non-current provisions	23,123,294	20,160,468
Other non-financial liabilities	3,782,958	2,252,985
Total Non-current liabilities	1,493,439,053	1,370,563,259
EQUITY
Issued capital	270,737,574	270,737,574
Retained earnings	1,169,458,993	891,746,153
Other reserves	(282,797,770)	(186,074,535)
Equity attributable to owners of the parent	1,157,398,797	976,409,192
Non-controlling interests	39,155,051	37,987,828
Total Equity	1,196,553,848	1,014,397,020
Total Liabilities and Equity	$ 3,420,405,418	$ 3,291,104,273