5. Net sales disaggregation
Net sales | ||
2023 | 2022 | |
Preservation | 350.4 | 357.1 |
Functional systems | 340.4 | 330.6 |
Single ingredients | 77.9 | 92.3 |
Sustainable Food Solutions | 768.7 | 780.0 |
Lactic acid | 158.6 | 169.1 |
Lactate esters | 65.9 | 83.6 |
Lactates | 72.5 | 59.7 |
Biopolymers | 55.3 | 49.2 |
Other | 31.6 | 38.5 |
Lactic Acid & Specialties | 383.9 | 400.1 |
Algae Ingredients | 111.4 | 74.3 |
Incubator | 0.0 | 0.0 |
Non-core activities | 179.8 | 203.5 |
Corbion total operations | 1,443.8 | 1,457.9 |
Fulfillment of the performance obligations related to goods sold is measured using the commercial shipment terms as an indicator for the transfer of control. Fulfillment of the performance obligations for services rendered is identified according to the individual contract. The payment terms are determined per business segment on a customer basis. Corbion has neither specific obligations for returns or refunds, nor specific warranties or other related obligations.