Notes tothe financial statements For the financial year ended 31 December 2023 32. Commitments and contingencies (cont’d) (a) Plasma receivables (cont’d) The accumulated development costs net of funds received are presented as Plasma receivables in the consolidated balance sheet and in the Plantations segment. An analysis of the movement in the plasma receivables are as follows: Group Note 2023 2022 Rp million Rp million Balance at 1 January 946,392 1,329,070 Allowance and adjustments of EIR amortisation 7 (116,256) (369,384) Increase/(decrease) in net investment 84,129 (13,294) Reclassification 30 – Balance at 31 December 22,24 914,295 946,392 (b) Sales commitments As at 31 December 2023, the Group has sales commitments to deliver the following products to local and overseas customers within one month after the reporting date: Unit of measurement 2023 2022 Palm products, rubber, tea, cocoa Tonnes 9,846 22,724 Oil palm seeds Unit 197,108 36,515 Seedlings Unit 3,330 300 (c) Commitments for capital expenditures As at 31 December 2023, capital expenditure contracted for but not recognised in the financial statements relating to purchase of property, plant and equipment as well as development of plantations amounting to Rp350.0 billion (2022: Rp378.2 billion). (d) Contingent liabilities As at 31 December 2023, there are no probable claims against the Group that may cause material impact to the Group. 146 GROUP OVERVIEW OPERATION AND FINANCIAL REVIEW SUSTAINABILITY & GOVERNANCE FINANCIALS OTHER INFORMATION Indofood Agri Resources Ltd
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