Group Overview Operation and Financial Review Financials Other Information Sustainability and Governance 143 Annual Report 2025 Notes to the financial statements For the financial year ended 31 December 2025 31. Reserves (cont’d) (c) Dividends Company 2025 2024 Rp million Rp million Declared and paid during year: Dividends on ordinary shares: - Final tax exempt (one-tier) dividend: S$0.010 (2024: S$0.008) per share 177,270 132,838 Proposed but not recognised as a liability as at 31 December: Dividends on ordinary shares, subject to shareholders’ approval at the forthcoming AGM: - Final tax exempt (one-tier) dividend for 2025: S$0.012 (2024: S$0.010) per share 218,910 166,383 32. Commitments and contingencies (a) Plasma receivables The Indonesian government requires oil palm plantation companies to develop new plantations together with the local small landholders. This form of assistance to local small landholders is generally known as the “Plasma Scheme”. Once developed, the plasma plantations are transferred to the small landholders who then operate the plasma plantations under the supervision of the developer. In line with this requirement, certain subsidiary companies of the Group have commitments to develop plantations under the Plasma Scheme. The funding for the development of the plantations under the Plasma Scheme is provided by the designated banks and/or by the subsidiary companies. This includes the subsidiary companies providing corporate guarantees for the loans advanced by the banks. When the plasma plantations start to mature, the plasma farmers are obliged to sell all their harvests to the subsidiary companies and a portion of the resulting proceeds will be used to repay the loans from the banks or the subsidiary companies. In situations where the sales proceeds are insufficient to meet the repayment obligations to the banks, the subsidiary companies also provide temporary funding to the plasma farmers to develop the plasma plantations and to repay the instalment and interest payments to the banks. The plasma farmers will repay the temporary funding to the subsidiary companies once the plantations have positive cash flows. The loans advanced by the banks under the Plasma Scheme are secured by the sales proceeds of FFB of the respective plasma plantations and corporate guarantees from certain subsidiary companies for a maximum amount of Rp523.1 billion (2024: Rp430.7 billion) as at 31 December 2025.
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