Embotelladora Andina S.A. (AKO.B)

Embotelladora Andina Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,721,219	2,618,437	2,656,878	2,216,733	1,698,281	1,779,025
Revenue Growth (YoY)	0.95%	-1.45%	19.86%	30.53%	-4.54%	6.34%
Cost of Revenue	1,654,474	1,601,997	1,628,702	1,375,393	1,022,499	1,048,344
Gross Profit	1,066,745	1,016,440	1,028,177	841,340	675,783	730,681
Selling, General & Admin	683,149	659,103	683,032	548,902	436,171	492,900
Other Operating Expenses	22,941	18,369	886.33	14,794	9,457	23,205
Operating Expenses	706,090	677,472	683,919	563,696	445,628	516,105
Operating Income	360,654	338,968	344,258	277,643	230,154	214,577
Interest Expense	-61,106.93	-60,275.83	-55,739.44	-50,707.58	-48,987.8	-39,490.71
Interest & Investment Income	24,673	25,791	32,389	2,197	7,931	3,250
Earnings From Equity Investments	2,822	2,716	1,409	3,093	2,229	-3,415.08
Currency Exchange Gain (Loss)	-13,020.64	-17,216.13	-11,607.73	-5,508.31	-3,088.28	-4,130.54
Other Non Operating Income (Expenses)	-15,609.06	-22,159.45	-77,984.58	-23,571.3	-2,258.39	68,336
EBT Excluding Unusual Items	298,413	267,824	232,724	203,146	185,980	239,126
Gain (Loss) on Sale of Assets	850.93	754.34	79.65	480.4	16.01	265.51
Asset Writedown	-8,270.89	-8,072.42	-	-417.62	-7,972.98	-2,978.19
Pretax Income	290,993	260,506	232,804	203,209	178,023	236,413
Income Tax Expense	90,253	85,994	104,345	46,177	54,905	61,167
Earnings From Continuing Operations	200,740	174,511	128,459	157,032	123,117	175,246
Minority Interest in Earnings	-1,823.44	-3,070.08	-2,961.35	-2,333.52	-1,117.52	-1,524.3
Net Income	198,916	171,441	125,498	154,698	122,000	173,722
Net Income to Common	198,916	171,441	125,498	154,698	122,000	173,722
Net Income Growth	47.30%	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)	210.14	181.12	132.58	163.43	128.89	183.53
EPS (Diluted)	210.14	181.12	132.58	163.43	128.89	183.53
EPS Growth	47.30%	36.61%	-18.88%	26.80%	-29.77%	79.83%
Free Cash Flow	165,738	174,123	210,750	166,199	192,894	144,465
Free Cash Flow Per Share	175.09	183.95	222.65	175.58	203.78	152.62
Dividend Per Share	99.000	99.000	127.600	95.700	114.400	105.710
Dividend Growth	-22.41%	-22.41%	33.33%	-16.35%	8.22%	11.74%
Gross Margin	39.20%	38.82%	38.70%	37.95%	39.79%	41.07%
Operating Margin	13.25%	12.95%	12.96%	12.52%	13.55%	12.06%
Profit Margin	7.31%	6.55%	4.72%	6.98%	7.18%	9.77%
Free Cash Flow Margin	6.09%	6.65%	7.93%	7.50%	11.36%	8.12%
EBITDA	458,668	435,877	449,421	371,395	331,134	315,085
EBITDA Margin	16.86%	16.65%	16.92%	16.75%	19.50%	17.71%
D&A For EBITDA	98,013	96,909	105,163	93,751	100,980	100,508
EBIT	360,654	338,968	344,258	277,643	230,154	214,577
EBIT Margin	13.25%	12.95%	12.96%	12.52%	13.55%	12.06%
Effective Tax Rate	31.02%	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.