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INTANGIBLE ASSETS OTHER THAN GOODWILL (Tables) | 12 Months Ended
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Dec. 31, 2023
INTANGIBLE ASSETS OTHER THAN GOODWILL |
Schedule of intangible assets other than goodwill | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2023 | ​ | December 31, 2022
​ |  | ​ |  | Accumulated |  | ​ |  | ​ |  | Accumulated |  | ​
​ | ​ | Gross | ​ | Amortization | ​ | Net | ​ | Gross | ​ | Amortization | ​ | Net
Description | ​ | value | ​ | /Impairment | ​ | value | ​ | value | ​ | /Impairment | ​ | value
​ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$
Distribution rights (1) |  | 667,955,100 | ​ | (3,078,000) | ​ | 664,877,100 | ​ | 645,684,416 | ​ | (1,451,000) | ​ | 644,233,416
Software |  | 63,828,408 | ​ | (40,121,558) | ​ | 23,706,850 | ​ | 56,968,738 | ​ | (36,205,387) | ​ | 20,763,351
Water rights | ​ | 587,432 | ​ | — | ​ | 587,432 | ​ | 479,825 | ​ | (40,723) | ​ | 439,102
Trademarks indefinite useful life (2) | ​ | 6,341,107 | ​ | — | ​ | 6,341,107 | ​ | 5,741,054 | ​ | — | ​ | 5,741,054
Trademarks definite useful life (3) | ​ | 1,297,378 | ​ | (891,277) | ​ | 406,101 | ​ | 1,297,378 | ​ | (703,388) | ​ | 593,990
Others |  | 560,183 | ​ | (552,208) | ​ | 7,975 | ​ | 507,928 | ​ | (499,953) | ​ | 7,975
Total |  | 740,569,608 | ​ | (44,643,043) | ​ | 695,926,565 | ​ | 710,679,339 | ​ | (38,900,451) | ​ | 671,778,888
(1) | Correspond to brands, water rights and distribution rights. Distribution rights are contractual rights to produce and distribute Coca-Cola products in certain parts of Argentina, Brazil, Chile and Paraguay. Distribution rights result from the valuation process at fair value of the assets and liabilities of the companies acquired in business combinations. Production and distribution contracts are renewable for periods of 5 years with Coca-Cola. The nature of the business and renewals that Coca-Cola has permanently done on these rights, allow qualifying them as indefinite contracts.
Distribution rights together with the assets that are part of the cash-generating units, are annually subjected to the impairment test. Such distribution rights have an indefinite useful life, are not subject to amortization. Rights in Chile related to AdeS were provisioned for impairment pursuant to the annual tests performed. See Note 2.8.
(2) | On September 21, 2021 Coca-Cola Andina together with Coca-Cola Femsa, acquired the Brazilian beer brand Therezópolis for BRL 70 million. Each bottler bought 50% of the brand. This transaction is part of the company’s long-term strategy to complement its beer portfolio in Brazil. The transaction was completed and approved by CADE (Brazilian Administrative Council of Economic Defense). In September of that same year, Andina recorded an intangible asset under the Therezópolis brand for BRL 35 million with an indefinite useful life.
(3) | Correspond to distribution rights that did not arise from business combinations. These rights are subject to amortization.
Schedule of distribution rights | ​
​ | ​ | ​ | ​ | ​
Distribution rights |  | 12.31.2023 |  | 12.31.2022
​ | ​ | ThCh$ | ​ | ThCh$
Chile (excluding Metropolitan Region, Rancagua and San Antonio) |  | 301,187,149 | ​ | 302,814,149
Brazil (Rio de Janeiro, Espirito Santo, Ribeirão Preto and the investments in Sorocaba and Leão Alimentos y Bebidas Ltda.) |  | 182,986,222 | ​ | 165,670,430
Paraguay |  | 178,475,561 | ​ | 172,548,023
Argentina (North and South) |  | 2,228,168 | ​ | 3,200,814
Total |  | 664,877,100 | ​ | 644,233,416
Schedule of the movement and balances of identifiable intangible assets | The movement and balances of identifiable intangible assets are detailed as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2023
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Trademarks | ​ | Trademarks | ​ | ​ | ​ | ​ | ​
​ |  | Distribution |  | ​ |  | ​ |  | indefinite |  | definite |  |  |  |  |
​ | ​ | rights | ​ | Software | ​ | Water rights | ​ | useful life | ​ | useful life | ​ | Others | ​ |  |
Description | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Total |
​ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$ |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Opening balance |  | 644,233,416 |  | 20,763,351 |  | 439,102 |  | 5,741,054 |  | 593,990 |  | 7,975 |  | 671,778,888 | ​
Additions |  | — |  | 8,984,225 |  | 148,330 |  | — |  | — |  | — |  | 9,132,555 | ​
Amortization |  | — |  | (4,857,341) |  | — |  | — |  | (187,889) |  | — |  | (5,045,230) | ​
Impairment (2) |  | (1,627,000) |  | — |  | — |  | — |  | — |  | — |  | (1,627,000) | ​
Other increases (decreases) (1) |  | 22,270,684 |  | (1,183,385) |  | — |  | 600,053 |  | — |  | — |  | 21,687,352 | ​
Ending balance |  | 664,877,100 |  | 23,706,850 |  | 587,432 |  | 6,341,107 |  | 406,101 |  | 7,975 |  | 695,926,565 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2022
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Trademarks | ​ | Trademarks | ​ | ​ | ​ | ​
​ |  | Distribution |  | ​ |  | ​ |  | indefinite |  | definite |  | ​ |  |
​ | ​ | rights | ​ | Software | ​ | Water rights | ​ | useful life | ​ | useful life | ​ | Others | ​ | ​
Description | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Total
​ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Opening balance | ​ | 640,056,747 | ​ | 13,064,962 | ​ | 422,221 | ​ | 5,297,760 | ​ | 781,878 | ​ | 7,975 | ​ | 659,631,543
Additions | ​ | — | ​ | 12,020,412 | ​ | 16,881 | ​ | — | ​ | — | ​ | — | ​ | 12,037,293
Amortization | ​ | — | ​ | (4,208,798) | ​ | — | ​ | — | ​ | (187,888) | ​ | — | ​ | (4,396,686)
Impairment | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | —
Other increases (decreases) (1) | ​ | 4,176,669 | ​ | (113,225) | ​ | — | ​ | 443,294 | ​ | — | ​ | — | ​ | 4,506,738
Ending balance | ​ | 644,233,416 | ​ | 20,763,351 | ​ | 439,102 | ​ | 5,741,054 | ​ | 593,990 | ​ | 7,975 | ​ | 671,778,888
(1) | Mainly corresponds to restatement due to the effects of translation of distribution rights of foreign subsidiaries.
(2) | The rights in Chile related to AdeS were provisioned for impairment according to the annual tests performed. See Note 2.8.

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