NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2024 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 2024 2023 Rp million Rp million Balance at 1 January 914,295 946,392 Allowance and adjustments of EIR amortisation 7 (265,130) (116,256) (Decrease)/increase in net investment (15,762) 84,129 Reclassification 30,374 30 Balance at 31 December 22,24 663,777 914,295 (b) Sales commitments As at 31 December 2024, 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 2024 2023 Palm products, rubber, tea, cocoa Tonnes 12,871 9,846 Oil palm seeds Unit 65,860 197,108 Seedlings Unit – 3,330 (c) Commitments for capital expenditures As at 31 December 2024, capital expenditure contracted for but not recognised in the financial statements relating to the purchase of property, plant and equipment as well as development of plantations amounted to Rp555.8 billion (2023: Rp350.0 billion). (d) Contingent liabilities As at 31 December 2024, there are no probable claims against the Group that may cause material impact to the Group. Group Overview Financials Other information Sustainability and Governance Operation and Financial Review Annual Report 2024 151
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