FGV Audited Financial Statements 2019
212 FGV HOLDINGS BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 57 SIGNIFICANT RELATED PARTY TRANSACTIONS (CONTINUED) Group Company 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 (a) Sales of goods, services and investments (i) Transactions with subsidiaries Dividend received/receivable from subsidiaries - - 417,100 234,353 Management fees charged to subsidiaries - - 210,543 148,671 (ii) Transactions with joint ventures Sales of CPO by FGV Trading and FPISB to FISB Group 929,003 1,365,665 - - Sales of CPKO, RBDPKO and PFAD by FKPSB to FISB Group and FPG 807,116 1,135,348 - - Sales of Processed Palm Oil (“PPO”) by FGV Trading to FISB Group - 136,146 - - Sales of CPO by FGV Trading and FPISB to MAPAK 213,217 228,612 - - Provision of storage space for vegetable oil by FBSB to FISB Group and FPG 16,233 14,904 - - (iii) Transactions with an associate Sales of PPO by FGV Trading and FPISB to FKW 23,379 21,278 - - (iv) Transactions with FELDA and its subsidiaries Sales of fertiliser by FGVF 180,189 104,158 - - IT services rendered by Prodata 23,246 25,230 - - Security services rendered by FSSSB 21,794 23,564 - - Sales of seedlings and planting materials by FASSB 15,172 16,647 - - Travel and hospitality services by Felda Travel 4,420 10,980 - - Contributions to Yayasan FELDA 5,000 5,762 - - (b) Purchase of goods and services (i) Transactions with subsidiaries Finance costs charged by by FGVC - - 83,889 27,214 Purchase of IT services from Prodata - - 6,421 6,383 Purchase of security services from FSSSB - - 637 510 Purchase of travel sevices from Felda Travel - - 2,013 3,074
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