Aguas Andinas S A : IFRS Consolidated Financial Statements for Aguas Andinas December 31 2022

Aguas Andinas S.A. and Subsidiaries

Consolidated Financial Statements

Consolidated Financial Statements

AGUAS ANDINAS S.A.

AND SUBSIDIARIES

Santiago, Chile

December 31, 2022 and 2021

Aguas Andinas S.A. and Subsidiaries

Consolidated Financial Statements

Consolidated Financial Statements

For the years ended December 31, 2022 and 2021

AGUAS ANDINAS S.A.

AND SUBSIDIARIES

This document consists of:

Consolidated Statements of Financial Position

Consolidated Statements of Comprehensive Income by Nature

Consolidated Statements of Direct Cash Flows

Consolidated Statements of Changes in Shareholders' Equity

Explanatory Notes to the Consolidated Financial Statements

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Aguas Andinas S.A. and Subsidiaries

Consolidated Financial Statements

Consolidated Statements of Financial Position

For the years ended as of December 31, 2022 and 2021 (Thousands of pesos - ThCh$)

	ASSETS			Note			31-12-2022			31-12-2021
					ThCh$			ThCh$
	CURRENT ASSETS
	Cash and cash equivalent	4		179,335,341		163,513,314
	Other non-financial assets				4,986,319		4,997,004
	Commercial debtors and other accounts receivable	5		122,777,327		101,105,786
	Accounts receivable from related entities	6		23,032	23,088
	Inventories	7		12,790,532		5,185,858
	Tax assets	8		2,113,281		9,026,225
	Total current assets other than the assets or groups of available assets classified as being						322,025,832			283,851,275
	retained for sale or being retained to be distributed among holders
	Non-current assets held for sale	9		2,812,292		3,414
	TOTAL CURRENT ASSETS						324,838,124			283,854,689
	NON-CURRENT ASSETS
	Other financial assets	10		7,895,863		7,895,863
	Other non-financial assets				1,212,641		1,855,537
	Receivables	5		2,816,288		3,438,247
	Intangible assets other than goodwill	11		233,018,981		221,481,159
	Goodwill	12		33,823,049		33,823,049
	Properties, plant and equipment	13		1,713,896,622		1,660,157,909
	Usage rights assets	14		3,987,629		2,751,266
	Deferred tax assets	15		57,860,363		13,963,891
	TOTAL NON-CURRENT ASSETS						2,054,511,436			1,945,366,921
	TOTAL ASSETS						2,379,349,560			2,229,221,610

The accompanying notes 1 to 37 are an integral part of these consolidated financial statements.

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Aguas Andinas S.A. and Subsidiaries

Consolidated Financial Statements

Consolidated Statements of Financial Position

For the years ended as of December 31, 2022 and 2021 (Thousands of pesos - ThCh$)

	EQUITY AND LIABILITIES			Note			31-12-2022			31-12-2021
					ThCh$			ThCh$
	CURRENT LIABILITIES
	Other financial liabilities	16		74,347,139		69,023,789
	Lease liability	14		1,394,430		1,176,716
	Trade debts and other accounts payable	17		138,331,675		126,774,156
	Accounts payable from related entities	6		5,002,103		13,818,979
	Other provisions	18		17,987,682		16,092,663
	Tax liabilities	8		4,796,613		373,083
	Provisions for employee benefits	19		5,665,126		6,072,494
	Other non-financial liabilities	20		18,272,379		15,310,331
	Total current liabilities other than liabilities included in groups of liabilities for disposal						265,797,147			248,642,211
	classified as held for sale
	TOTAL CURRENT LIABILITIES						265,797,147			248,642,211
	NON-CURRENT LIABILITIES
	Other financial liabilities	16		1,222,905,987		1,084,075,622
	Lease liability	14		2,664,313		1,629,797
	Other accounts payable	17		1,188,753		1,055,267
	Other provisions	18		1,735,643		1,520,318
	Deferred tax liabilities	15		15,996,205		23,442,967
	Non-current provisions for employee benefits	19		22,128,779		17,666,420
	Other non-financial liabilities	20		8,041,634		8,641,295
	TOTAL NON-CURRENT LIABILITIES						1,274,661,314			1,138,031,686
	TOTAL LIABILITIES						1,540,458,461			1,386,673,897
	EQUITY
	Issued capital	21		155,567,354		155,567,354
	Accumulated earnings (losses)	21		362,648,832		361,776,346
	Share premium	21		164,064,038		164,064,038
	Other equity interests	21		(5,965,550)		(5,965,550)
	Other reserves	21		162,546,852		167,078,027
	Equity attributable to owners of the controller				838,861,526		842,520,215
	Non-controlling interests	22		29,573	27,498
	TOTAL EQUITY						838,891,099			842,547,713

TOTAL EQUITY AND LIABILITIES

2,379,349,560 2,229,221,610

The accompanying notes 1 to 37 are an integral part of these consolidated financial statements.

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Aguas Andinas S.A. and Subsidiaries

Consolidated Financial Statements

Consolidated Statements of Comprehensive Income by Nature For the years ended as of December 31, 2022 and 2021 (Thousands of pesos - ThCh$)

	INCOME STATEMENT BY NATURE			Note			31-12-2022			31-12-2021
					ThCh$			ThCh$
	Revenues for regular activities	25		575,465,445		506,459,633
	Used raw materials and expendables				(79,574,233)		(53,622,709)
	Provisions for employee benefits	19		(66,369,413)		(55,077,943)
	Expenses related to depreciation and amortization	11-13-14		(74,811,690)		(69,195,160)
	Other expenses by nature	26		(124,929,936)		(119,245,857)
	Other (losses) earnings	27		(1,521,833)		3,629,839

		Income from operating activities				228,258,340		212,947,803
		Financial income		27		20,981,379		5,074,265
		Financial costs	27		(36,630,374)		(27,862,844)
		Impairment gains and reversals of impairment losses (Impairment losses) determined		24		(13,830,357)		(15,694,733)
		according to IFRS 9 on financial assets
		Earnings (losses) exchange differences		28		(854,215)		813,905
		Results of indexation adjustments		29		(115,252,282)		(54,968,976)

Earnings before taxes		82,672,491	120,309,420
Income (Expenses) for earning taxes	15	2,578,383	(19,662,886)
Earnings (loss) from continuous operations		85,250,874	100,646,534
Earnings		85,250,874	100,646,534
Earnings due to
Earnings attributable to owners of the controller		85,248,734	100,644,529
Earnings (losses) attributable to non-controlling shares	22	2,140	2,005
Earnings		85,250,874	100,646,534
Earnings per share
Earnings per basic shares in continuous operations ($)	31	13.932	16.448
Earnings per basic shares ($)		13.932	16.448

The accompanying notes 1 to 37 are an integral part of these consolidated financial statements.

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