Glossary

8 oz bottle:

Classic 237 ml bottle 

20F:

Annual Report required by the SEC in the United States for all foreign private issuers listed on the NYSE. 

ADR:

American Depositary Receipt 1 ADR equals 6 common stock shares of Andina. 

Auxiliary Equipment:

Air, cooling, carbon dioxide, steam, water, electric energy, effluent treatment (waste management), and other utilities’ equipment. 

B-Brands:

Supermarket-owned brands (Private Labels) and low priced alternative brands. 

Blow Molding:

Process by which the preform is placed in a mold and blown into its final bottle form. 

Channel:

Traditional Clients:  Mom & Pops, small stores, medium stores. 
On Premise: hotels, restaurants, bars, gas stations, drug stores, kiosks.

CNPJ:

Cadastro Nacional da Pessoa Jurídica (Brazil).  Tax Identification Number.

CSD:

Carbonated Soft Drinks

CUIT:

Clave Única de Identificación Tributaria (Argentina). Tax Identification Number. 

EBITDA:

Operating Income plus Depreciation. 

Format:

Multi-Serving:   equal or larger than 1.0 liter. 
Single-Serving:  smaller than 1.0 liter including cans.
Post Mix:  Sales mode by which soft drink syrup is mixed with water and carbon dioxide at the point of sale, using specialized vending machines.

Handhelds:

Portable, wireless computer used by our sales force to input orders at the point of sale which are simultaneously and automatically registered on Andina’s main IT systems. 

IFRS:

International Financial Reporting Standards

Injection:

Process by which PET resin is converted into preforms for bottles. 

ISO:

International Standards Organization

ISO 9,000:

Addresses quality management: customer's quality requirements and applicable regulatory requirements achieving continual improvement of its performance in pursuit of these objectives.

ISO 14,000:

Addresses environmental management: minimize harmful effects on the environment caused by its activities achieving continual improvement of its environmental performance in pursuit of this objective.

ISO 22,000:         

Food safety management system that sets international requirements for demonstrating the ability to control food safety hazards, including suppliers, in order to ensure that food is safe at the time of human consumption.

Market Assets:

Equipment installed at clients’ locations such as coolers, post-mix equipment and auto-vending machines. 

MUC:

Million unit cases

Non Carbonated:

Products that do not fall within the CSD category

Net Cash Position:

Cash (short and long term) plus short and long term Time Deposits and Marketable Securities minus short and long term Debt and Bonds Payable.

NYSE:

New York Stock Exchange. 

OHSAS:

Occupational Health and Safety Management Systems

OHSAS 18,000:

Standards for health and safety management systems. Integrating occupational health and safety requirements with quality requirements.

PET:

Polyethylene terephthalate; type of resin used in the production of returnable and non-returnable bottles.

Preforms:

Semi-manufactured product obtained from PET injection used as main raw material for the manufacturing of bottles, through blow molding. 

RUT:

Rol Único Tributario (Chile) Tax Identification Number.

SAP:

“Systems Applications and Products” It provides customers the ability to interact with a common corporate database for a comprehensive range of applications, that provide the capability to manage financial, asset, cost accounting, production operations, personnel, plants, and archived documents.

SEC:

Securities Exchange Commission. 

Sarbanes Oxley/SOX:

Act enacted in the year 2002 that regulates public company accounting offering protection to investors.

Sparkling:

Carbonated Soft Drinks

SVS:

Superintendencia de Valores y Seguros. Chilean entity similar to the U.S. Securities and Exchange Commission. 

Trans elevators:

Vertically extended automated warehouse, specially designed for frequent traffic of products.

UF:

Unidad de Fomento. Daily indexed Chilean peso-denominated monetary unit to the Chilean inflation rate of the previous month

Unit Case:

Volume measurement used in The Coca-Cola System equal to 24 -8 oz bottles or 5.68 liters.