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Notes to the Financial Statements
For the fnancial year ended 31 December 2012
32. Commitments and contingencies (cont’d)
(e) Sales commitments
As at 31 December 2012, the Group has sales commitments to deliver the following products to local and overseas customers
within the next three months:
2012 2011
(Tonnes) (Tonnes)
Crude palm oil 26,336 10,147
Palm kernel 22,056 15,148
Rubber 1,064 1,391
Total 49,456 26,686
(f) Commitments for capital expenditures
As of December 31, 2012, capital expenditure contracted for but not recognised in the fnancial statements relating to
purchase of property, plant and equipment as well as development of plantations amounting to Rp1,246.8 billion, US$6.8
million and JP¥ 52.2 million (2011: Rp683.2 billion, US$34.8 million and JP¥50.7 million).
33. Related party transactions
In addition to those related party information disclosed elsewhere in the relevant notes to the consolidated fnancial information,
the following transactions between the Group and related parties took place during the fnancial year at terms agreed between the
parties during the fnancial year:
Nature of transactions Year
A Shareholder
of the Group
Related
companies
Other
related parties
Rp million Rp million Rp million
Sales of goods 2012 – 2,964,943 149,263
2011 – 2,882,994 130,943
Purchases of packaging materials 2012 – 17,162 –
2011 – 24,232 –
Purchases of services, transportation equipment and
spare parts 2012 4,475 1,723 59,796
2011 4,220 894 25,433
Royalty fee 2012 5,885 – –
2011 1,772 – –
Pump services 2012 – – 4,818
2011 – – 4,927
Rental expenses 2012 – – 11,534
2011 563 – 7,885
Freight services 2012 – 1,350 –
2011 – 14,662 –
Insurance expenses 2012 – – 20,891
2011 – – 12,210
Other operating income 2012 – 2,338 –
2011 – 2,669 –
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