FGV Audited Financial Statements 2019
99 01 S E C T I O N NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 AUDITED FINANCIAL STATEMENTS 2019 19 SEGMENT REPORTING (CONTINUED) The revenue from external parties reported to the GMC is measured in a manner consistent with that in the statement of comprehensive income. Revenues from external customers are derived from sales of goods and provisions of services as disclosed in Note 6. The analysis of external revenue by end customer geographical location is as follows: 2019 RM’000 2018 RM’000 Malaysia 7,463,327 9,694,374 Overseas: - India 1,290,053 - - China 569,303 823,630 - Pakistan 969,981 700,801 - Asia (excluding Malaysia, China, Pakistan, Indonesia and India)* 1,706,290 1,006,891 - United States and Canada 700,260 799,840 - Europe 330,667 269,315 - New Zealand 27,080 22,027 - Indonesia 35,090 42,381 - Others 166,961 105,221 13,259,012 13,464,480 * In previous financial year, included in Asia was sales to India amounted to RM446,805,000 on Free-On-Board term. Segment assets and segment liabilities are not disclosed as these are not reported to the CODM. The analysis of non-current assets (excluding financial assets and deferred tax assets) by geographical location is as follows: 2019 RM’000 2018 RM’000 Malaysia 11,457,996 12,033,739 Overseas: - United States and Canada 260,899 249,891 - China - 62,468 - Indonesia 180,293 166,835 - Pakistan 33,899 32,781 - Cambodia 19,657 20,059 - Others 3,759 4,470 11,956,503 12,570,243 In the current financial year, two (2018: two) major customers in the Plantation Sector contributed RM1,024,396,000 (8%) and RM727,956,000 (5%) respectively (2018: RM1,671,268,000 (12%) and RM980,795,000 (7%) respectively) to the Group’s total revenues.
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