Andina Bottling Co. Files 6-K Report
Ticker: AKO-B · Form: 6-K · Filed: Nov 12, 2024 · CIK: 925261
Sentiment: neutral
Topics: foreign-issuer, sec-filing, reporting
TL;DR
Andina Bottling (AKO) filed a 6-K on Nov 12, reporting on Q3 2024. Standard foreign issuer update.
AI Summary
Embotelladora Andina S.A. (Andina Bottling Company, Inc.) filed a Form 6-K on November 12, 2024, reporting on events up to September 30, 2024. The filing is a report of a foreign issuer pursuant to SEC rules. The company is based in Santiago, Chile, and operates in the bottled and canned soft drinks sector.
Why It Matters
This filing provides an update on the company's activities and financial reporting status as a foreign issuer, which is important for investors tracking its compliance and operational information.
Risk Assessment
Risk Level: low — This is a routine foreign issuer report (6-K) and does not contain new material financial information or significant corporate events.
Key Players & Entities
- Embotelladora Andina S.A. (company) — Registrant
- Andina Bottling Company, Inc. (company) — Registrant's name in English
- Santiago, Chile (location) — Company's principal executive office
FAQ
What is the purpose of this Form 6-K filing?
This Form 6-K is a report of a foreign issuer pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934, providing information to the SEC.
What is the reporting period for this filing?
The conformed period of report is September 30, 2024.
Where is Embotelladora Andina S.A. located?
The company's principal executive office is located at Avda. Miraflores 9153 Renca, Santiago, Chile.
Does the company file annual reports under Form 20-F or 40-F?
The registrant indicates it files annual reports under cover of Form 20-F.
When was this Form 6-K filed?
This Form 6-K was filed on November 12, 2024.
Filing Stats: 4,034 words · 16 min read · ~13 pages · Grade level 9.7 · Accepted 2024-11-12 09:46:33
Filing Documents
- tm2428066d1_6k.htm (6-K) — 2519KB
- tm2428066d1_6kimg001.jpg (GRAPHIC) — 5KB
- tm2428066d1_6ksp4img01.jpg (GRAPHIC) — 5KB
- tm2428066d1_6kimg02.jpg (GRAPHIC) — 4KB
- tm2428066d1_6kimg03.jpg (GRAPHIC) — 4KB
- tm2428066d1_6ksp8img001.jpg (GRAPHIC) — 5KB
- tm2428066d1_6ksp9img001.jpg (GRAPHIC) — 6KB
- 0001104659-24-116526.txt ( ) — 2559KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15b-16 OF THE SECURITIES EXCHANGE ACT OF 1934 September 2024 Date of Report (Date of Earliest Event Reported) Embotelladora Andina S.A. (Exact name of registrant as specified in its charter) Andina Bottling Company, Inc. (Translation of Registrant´s name into English) Avda. Miraflores 9153 Renca Santiago, Chile (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F Form 40-F Indicate by check mark if the Registrant is submitting this Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes No Indicate by check mark if the Registrant is submitting this Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes No Indicate by check mark whether the registrant by furnishing the information contained in this Form 6-K is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934 Yes No Interim Consolidated Financial Statements EMBOTELLADORA ANDINA S.A. AND SUBSIDIARIES Santiago, Chile September 30, 2024 and December 31, 2023 EMBOTELLADORA ANDINA S.A. AND SUBSIDIARIES Interim Consolidated Financial Statements at September 30, 2024 (non-audited) and December 31, 2023 EMBOTELLADORA ANDINA S.A. AND SUBSIDIARIES Consolidated Financial Statements I. Interim Consolidated Statements of Financial Position at September 30, 2024 (non-audited) and December 31, 2023 1 II. Interim Consolidated Statements of Income by Function (non-audited) 3 III. Interim Consolidated Statements of Comprehensive (Loss) Income (non-audited) 4 IV. Interim Consolidated Statements of Changes in Equity (non-audited) 5 V. Interim Consolidated Statements of Direct Cash Flows (non-audited) 7 VI. Notes to the Interim Consolidated Financial Statements 1 – Corporate information 8 2 – Basis of preparation of consolidated financial statements and application of accounting criteria 9 3 – Financial reporting by segment 28 4 – Cash and cash equivalents 31 5 – Other current and non-current financial assets 31 6 – Other current and non-current non-financial assets 32 7 – Trade accounts and other accounts receivable 33 8 – Inventories 35 9 – Tax assets and liabilities 36 10 – Income tax expense and deferred taxes 36 11 – Property, plant and equipment 39 12 – Related parties 42 13 – Current and non-current employee benefits 44 14 – Investments in associates accounted for using the equity method 45 15 – Intangible assets other than goodwill 48 16 – Goodwill 50 17 – Other current and non-current financial liabilities 50 18 – Trade and other accounts payable 62 19 – Other provisions, current and non-current 62 20 – Other non-financial liabilities 63 21 – Equity 63 22 – Derivative assets and liabilities 67 23 – Litigation and contingencies 69 24 – Financial risk management 73 25 – Expenses by nature 77 26 – Other income 77 27 – Other expenses by function 77 28 – Financial income and expenses 78 29 – Other (losses) gains 78 31 – Local and foreign currency 79 32 – Environment 83 33 – Subsequent events 83 Consolidated Financial Statements EMBOTELLADORA ANDINA S.A. AND SUBSIDIARIES September 30, 2024 (non-audited) and December 31, 2023 EMBOTELLADORA ANDINA S.A. AND SUBSIDIARIES Consolidated Statements of Financial Position as of September 30, 2024 and December 31, 2023 ASSETS NOTE 09.30.2024 12.31.2023 ThCh$ ThCh$ Current assets: Cash and cash equivalents 4 210,685,267 303,683,683 Other financial assets 5 72,357,766 67,285,793 Other non-financial assets 6 23,831,770 19,311,851 Trade and other accounts receivable, net 7 251,802,033 298,892,164 Accounts receivable from related companies 12.1 9,910,383 16,161,318 Inventory 8 274,260,605 233,053,160 Current tax assets 9 44,789,119 43,383,058 Total Current Assets 887,636,943 981,771,027 Non-Current Assets: Other financial assets 5 148,257,630 93,316,339 Other non-financial assets 6 53,969,720 59,412,482 Trade and other receivables 7 156,884 371,401 Accounts receivable from related parties 12.1 352,808 108,021 Investments accounted for under the equity method 14 87,371,919 91,799,267 Intangible assets other than goodwill 15 676,542,205 695,926,565 Goodwill 16 138,295,949 122,103,802 Property, plant and equipment 11 1,023,163,348 872,388,811 Deferred tax assets 10.2 4,664,376 4,323,174 Total Non-Current Assets 2,132,774,839 1,