FGV Audited Financial Statements 2019

89 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 12 FINANCE INCOME AND COSTS Group Company 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Finance income: - finance income from financial institutions 25,085 33,969 - - Total finance income 25,085 33,969 - - Finance costs: - loans from a significant shareholder (45,201) (61,932) (45,201) (61,932) - loans from subsidiaries - - (83,889) (29,410) - Islamic short term trade financing (63,501) (61,368) (1,337) (2,311) - short term trade financing (16,809) (49,512) - - - Islamic term loans (87,328) (42,250) - - - term loans (9,083) (5,325) - - - interest on lease liabilities (15,623) (13,168) (1,819) (1,257) Less: amount capitalised in additions of property, plant and equipment 54,387 31,113 - - Total finance costs (183,158) (202,442) (132,246) (94,910) Net finance costs (158,073) (168,473) (132,246) (94,910)