FGV Audited Financial Statements 2019

83 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 6 REVENUE The Group and Company derive the following types of revenue: Group 2019 RM’000 2018 RM’000 Revenue from contracts with customers 13,213,947 13,410,174 Revenue from other sources 45,065 54,306 13,259,012 13,464,480 (a) Disaggregation of revenue from contracts with customers: 2019 Plantation RM’000 Sugar RM’000 Logistics and Others RM’000 Corporate HQ RM’000 Total RM’000 Major goods and services: Sales of crude palm oil (“CPO”) 4,459,271 - - - 4,459,271 Sales of refined bleached deodorised oil (“RBDO”) 2,519,556 - - - 2,519,556 Sales of refined sugar and molasses - 2,006,127 - - 2,006,127 Sales of palm kernel (“PK”) 264,944 - - - 264,944 Sales of fertiliser, packed products and others 1,505,474 - - - 1,505,474 Sales of fatty acids 752,351 - - - 752,351 Sales of rubber products 748,644 56 - - 748,700 Sales of crude palm kernel oil (“CPKO”) 221,731 - - - 221,731 Sales of biodiesel products 226,621 - - - 226,621 Services rendered 13,530 - 329,899 25,335 368,764 Sales of fresh fruit bunches (“FFB”) 38,522 814 - - 39,336 Freight income 70,842 - - - 70,842 Others 22,318 14 672 7,226 30,230 10,843,804 2,007,011 330,571 32,561 13,213,947 Timing of revenue recognition - at a point in time 10,772,962 2,007,011 284,472 32,561 13,097,006 - overtime 70,842 - 46,099 - 116,941 10,843,804 2,007,011 330,571 32,561 13,213,947