5. Net sales disaggregation

Net sales

2024

2023

Food

768.9

768.7

Biochemicals

150.0

185.6

Lactic acid to TotalEnergiesCorbion joint venture

79.0

64.4

Functional Ingredients & Solutions

997.9

1,018.7

Nutrition

157.2

111.4

Pharma

77.6

78.8

Biomedical polymers

55.4

55.2

Health & Nutrition

290.2

245.4

Corbion continuing operations

1,288.1

1,264.1

Fulfillment of the performance obligations related to goods sold is measured using the commercial shipment terms as an indicator for the transfer of control. 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.