Aguas Andinas S A : IFRS Consolidated Financial Statements for Aguas Andinas December 31 2021

Aguas Andinas S.A. y Filiales

Estados Financieros Consolidados

CONSOLIDATED

FINANCIAL STATEMENTS

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

Consolidated Financial Statements

AGUAS ANDINAS S.A. AND SUBSIDIARIES

December 31st, 2021 and 2020

Aguas Andinas S.A. y Filiales

Estados Financieros Consolidados

Consolidated Statements of Financial Position As of December 31, 2021 and 2020 (Thousands of pesos - ThCh$)

	ASSETS		Grade			31-12-2021			31-12-2020
				Th$			Th$
	CURRENT ASSETS
	Cash and cash equivalents	4		163,513,314		174,945,586
	Other non-financial assets			4,997,004		3,803,544
	Trade and other receivables,	5		101,105,786		87,482,681
	Accounts receivable from related entities	6		23,088		982,856
	Inventories	7		5,185,858		3,954,953
	Current tax assets	8		9,026,225		27,248,856
	Total current assets other than assets or groups of assets held for					283,851,275			298,418,476
	disposal classified as held for sale or held for distribution to owners
	Non-current assets held for sale	9		3,414		3,836,023
	TOTAL CURRENT ASSETS					283,854,689			302,254,499
	NON-CURRENT ASSETS
	Other financial assets	10		7,895,863		7,895,863
	Other non-financial assets			1,855,537		2,396,459
	Receivables	5		3,438,247		4,178,613
	Intangible assets other than capital gain	11		221,481,159		218,653,890
	Capital gain	12		33,823,049		33,823,049
	Property, plant and equipment	13		1,660,157,909		1,568,189,347
	Right-of-use assets	14		2,751,266		3,740,278
	Deferred tax assets	15		13,963,891		3,304,490
	Accounts receivable from related entities			-		-
	TOTAL NON-CURRENT ASSETS					1,945,366,921			1,842,181,989
	TOTAL ASSETS					2,229,221,610			2,144,436,488

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

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Aguas Andinas S.A. y Filiales

Estados Financieros Consolidados

Consolidated Statements of Financial Position As of December 31, 2021 and 2020 (Thousands of pesos - ThCh$)

	LIABILITIES			Grade			31-12-2021			31-12-2020
					Th$			Th$
	CURRENT LIABILITIES
	Other financial liabilities	16		69,023,789		71,064,294
	Lease liabilities	14		1,176,716		1,413,425
	Trade and other accounts payable	17		126,774,156		98,758,134
	Accounts payable to related entities	6		13,818,979		17,746,030
	Other provisions	18		16,092,663		28,897,014
	Tax liabilities				373,083		821,301
	Current provisions for employee benefits	19		6,072,494		4,926,436
	Other non-financial liabilities	20		15,310,331		20,405,955
	Total current liabilities other than liabilities included in groups of						248,642,211			244,032,589
	liabilities held for disposal, classified as held for sale
	TOTAL CURRENT LIABILITIES						248,642,211			244,032,589
	NON-CURRENT LIABILITIES
	Other financial liabilities	16		1,084,075,622		998,729,962
	Lease liabilities	14		1,629,797		2,375,477
	Other accounts payable	17		1,055,267		1,452,311
	Other provisions	18		1,520,318		1,419,880
	Deferred tax liabilities	15		23,442,967		25,153,705
	Non-current provisions for employee benefits	19		17,666,420		20,339,194
	Other non-financial liabilities	20		8,641,295		10,184,563
	TOTAL NON-CURRENT LIABILITIES						1,138,031,686			1,059,655,092
	TOTAL LIABILITIES						1,386,673,897			1,303,687,681
	EQUITY
	Issued Capital	21		155,567,354		155,567,354
	Retained earnings (loss)	21		361,776,346		364,961,863
	Share premiums	21		164,064,038		164,064,038
	Other equity investments	21		(5,965,550)		(5,965,550)
	Other reserves	21		167,078,027		162,095,537
	Equity attributable to owners of controlling interest				842,520,215		840,723,242
	Non-controlling interests	22		27,498		25,565
	TOTAL EQUITY						842,547,713			840,748,807
	TOTAL EQUITY AND LIABILITIES						2,229,221,610			2,144,436,488

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

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Aguas Andinas S.A. y Filiales

Estados Financieros Consolidados

Consolidated Statements of Comprehensive Income by Type For the years ended As of December 31, 2021 and 2020 (Thousands of pesos - ThCh$)

	STATEMENTS OF INCOME BY NATURE			Grade		31-12-2021		31-12-2020
						Th$		Th$
Income from ordinary activities	24		506,459,633		478,773,563
Raw materials and consumables used				(53,622,709)		(43,542,356)
Employee benefits expense	19		(55,077,943)		(55,045,719)
Depreciation and amortization expense	11-13-		(69,195,160)		(67,134,809)
14
Impairment losses	13		-		(1,404,946)
Other expenses, by nature	25		(134,940,590)		(144,853,561)
Other gains (losses)	26		3,629,839		(3,967,292)
	Profit (loss) from operating activities					197,253,070		162,824,880
Financial income	26		5,074,265		3,868,561
Finance costs	26		(27,862,844)		(28,172,393)
Exchange gains (losses) on foreign currency transactions	27		813,905		(496,138)
Income from indexed units	28		(54,968,976)		(22,343,279)
	Income before income taxes					120,309,420		115,681,631
Income tax expense	15		(19,662,886)		(26,987,579)
	Profit (loss) from continuing operations					100,646,534		88,694,052
Profit (loss) from discontinued operations	29		-		11,671,443
	Income					100,646,534		100,365,495
Profit attributable to
	Gain (loss) attributable to owners of controlling interest					100,644,529		98,691,668
Profit (loss), attributable to non-controlling interest	22		2,005		1,673,827
	Profit					100,646,534		100,365,495
Earnings per share
Basic earnings per share from continuing operations ($)	31		16.448		16.129
	Basic earnings per share ($)					16.448		16.129

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

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