FGV Audited Financial Statements 2019

88 FGV HOLDINGS BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 10 OTHER OPERATING EXPENSES Group Company 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Loss on disposal of an associate 1,413 18,494 - - Impairment loss on investment in a joint venture - 1,350 - - Impairment loss on investment in subsidiaries - - 336,922 - Provision for litigation loss - 2,700 - - Loss on disposal of a subsidiary - - 56,415 - Loss on disposal of property, plant and equipment 12 - - - Other operating expenses 2,133 16,207 290 293 3,558 38,751 393,627 293 11 OTHER LOSSES, NET Group 2019 RM’000 2018 RM’000 Land Lease Agreement (“LLA”): - Fair value losses (Note 48) (236,821) (233,379) Foreign currency forward contracts: - Fair value gains 13,320 9,541 Financial assets at fair value through profit or loss - Fair value gains (Note 36) 4,715 1,380 Oil palm futures contracts: - Fair value losses (23,477) (4,778) Sugar futures contracts: - Fair value gains 4,446 - Fair value changes in biological assets (net) 3,318 - (234,499) (227,236)