NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2024 24. Receivables Group Company Note 2024 2023 2024 2023 Rp million Rp million Rp million Rp million Current: Financial assets Trade receivables Third parties 642,559 404,152 – – Related parties 499,098 345,987 – – Other receivables Plasma receivables 32(a) 2,869 3,025 – – Loans to employees 4,447 3,771 – – Subsidiary companies – – 4,967 9,235 Related parties 1,297 368 – – Third parties 5,760 28,617 – – Others 66,504 72,445 333 318 Total trade and other receivables 1,222,534 858,365 5,300 9,553 Non-financial assets Advances and prepayments Advances to suppliers 707,201 363,292 – – Prepayments 21,675 20,344 882 696 Total advances and prepayments 728,876 383,636 882 696 Total receivables 1,951,410 1,242,001 6,182 10,249 Trade receivables are unsecured, non-interest bearing and are generally on 1 to 35 days’ terms. All trade receivables will be settled in cash. They are recognised at their original invoice amounts which represent their fair values on initial recognition. The Group’s trade receivables relate to a large number of diversified customers, and there is no concentration of credit risk. Other receivables from third parties mainly consist of interest receivables from time deposits and current portion of loans to employees, plasma receivables and royalty receivables from land usage. They are non-interest bearing and unsecured. Group Overview Financials Other information Sustainability and Governance Operation and Financial Review Indofood Agri Resources Ltd. 136
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