Embotelladora Andina S.A. (AKO.A)

Embotelladora Andina Income Statement

Financials in millions CLP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,778,192	2,618,437	2,656,878	2,216,733	1,698,281	1,779,025
Revenue Growth (YoY)	2.76%	-1.45%	19.86%	30.53%	-4.54%	6.34%
Cost of Revenue	1,688,013	1,601,997	1,628,702	1,375,393	1,022,499	1,048,344
Gross Profit	1,090,178	1,016,440	1,028,177	841,340	675,783	730,681
Selling, General & Admin	702,863	659,103	683,032	548,902	436,171	492,900
Other Operating Expenses	28,683	18,369	886.33	14,794	9,457	23,205
Operating Expenses	731,546	677,472	683,919	563,696	445,628	516,105
Operating Income	358,632	338,968	344,258	277,643	230,154	214,577
Interest Expense	-61,369	-60,276	-55,739	-50,708	-48,988	-39,491
Interest & Investment Income	22,680	25,791	32,389	2,197	7,931	3,250
Earnings From Equity Investments	2,976	2,716	1,409	3,093	2,229	-3,415
Currency Exchange Gain (Loss)	-16,603	-17,216	-11,608	-5,508	-3,088	-4,131
Other Non Operating Income (Expenses)	14,123	-22,159	-77,985	-23,571	-2,258	68,336
EBT Excluding Unusual Items	320,439	267,824	232,724	203,146	185,980	239,126
Gain (Loss) on Sale of Assets	538.9	754.34	79.65	480.4	16.01	265.51
Asset Writedown	-8,974	-8,072	-	-417.62	-7,973	-2,978
Pretax Income	312,004	260,506	232,804	203,209	178,023	236,413
Income Tax Expense	97,612	85,994	104,345	46,177	54,905	61,167
Earnings From Continuing Operations	214,392	174,511	128,459	157,032	123,117	175,246
Minority Interest in Earnings	-2,294	-3,070	-2,961	-2,334	-1,118	-1,524
Net Income	212,099	171,441	125,498	154,698	122,000	173,722
Net Income to Common	212,099	171,441	125,498	154,698	122,000	173,722
Net Income Growth	73.51%	36.61%	-18.88%	26.80%	-29.77%	79.83%
Shares Outstanding (Basic)	947	947	947	947	947	947
Shares Outstanding (Diluted)	947	947	947	947	947	947
Shares Change (YoY)	-0.00%	-	-	-	-	-
EPS (Basic)	224.07	181.12	132.58	163.43	128.89	183.53
EPS (Diluted)	224.07	181.12	132.58	163.43	128.89	183.53
EPS Growth	73.51%	36.61%	-18.88%	26.80%	-29.77%	79.83%
Free Cash Flow	164,726	174,123	210,750	166,199	192,894	144,465
Free Cash Flow Per Share	174.02	183.95	222.65	175.58	203.78	152.62
Dividend Per Share	100.100	99.000	127.600	95.700	114.400	105.710
Dividend Growth	4.60%	-22.41%	33.33%	-16.35%	8.22%	11.74%
Gross Margin	39.24%	38.82%	38.70%	37.95%	39.79%	41.07%
Operating Margin	12.91%	12.95%	12.96%	12.52%	13.55%	12.06%
Profit Margin	7.63%	6.55%	4.72%	6.98%	7.18%	9.77%
Free Cash Flow Margin	5.93%	6.65%	7.93%	7.50%	11.36%	8.12%
EBITDA	456,487	435,877	449,421	371,395	331,134	315,085
EBITDA Margin	16.43%	16.65%	16.92%	16.75%	19.50%	17.71%
D&A For EBITDA	97,855	96,909	105,163	93,751	100,980	100,508
EBIT	358,632	338,968	344,258	277,643	230,154	214,577
EBIT Margin	12.91%	12.95%	12.96%	12.52%	13.55%	12.06%
Effective Tax Rate	31.29%	33.01%	44.82%	22.72%	30.84%	25.87%
Advertising Expenses	-	35,832	26,576	28,476	6,917	27,113

Source: S&P Capital IQ. Standard template. Financial Sources.