NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2024 27. Interest-bearing loans and borrowings (cont’d) Current loans and borrowings (cont’d) Compliance with loan covenants As at 31 December 2024 and 2023, the Group has complied with all of the covenants of the abovementioned short-term loans as stipulated in the respective loan agreements. Non-current loans and borrowings Description of credit facilities Schedule of instalment and maturities Amount 2024 Rp million 2023 Rp million Rupiah Subsidiaries Unsecured facility from PT CIMB Niaga Tbk March 2026 250,000 – Unsecured facility from PT Bank Maybank Indonesia Tbk March 2026 – 450,000 Unsecured facility from PT Bank Permata Tbk September 2026 – 280,000 Unsecured facility from PT Bank Negara Indonesia (Persero) Tbk December 2026 1,000,000 500,000 Secured facilities from PT Bank Permata Tbk(1) September 2026 150,000 – Secured facilities from PT Bank Central Asia Tbk(1) Quarterly until August 2028 530,722 920,849 Sub-total 1,930,722 2,150,849 Less: deferred charges on bank loan (3,418) (3,797) Less: current portion (237,406) (1,294,245) Net total 1,689,898 852,807 (1) Secured by corporate guarantee from PT SIMP in proportion to its equity ownerships in the subsidiaries. The purpose of long-term loans and borrowings are for investments and working capital requirements. Group Overview Financials Other information Sustainability and Governance Operation and Financial Review Indofood Agri Resources Ltd. 142
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