FGV Audited Financial Statements 2021

119 AUDITED FINANCIAL STATEMENTS 2021 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 24 INVESTMENT IN SUBSIDIARIES (CONTINUED) (e) Summarised financial information on subsidiaries with material non-controlling interests (continued) Set out below are the summarised financial information for each subsidiary that has non-controlling interests that are material to the Group (other subsidiaries that have non-controlling interests are individually not significant). (continued) Summarised statements of financial position MSM Malaysia FGV Palm Holdings Berhad Group Industries Sdn Bhd 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 Current Assets 945,108 797,291 1,237,042 1,201,889 Liabilities (747,359) (613,752) (400,294) (375,421) Total current net assets 197,749 183,539 836,748 826,468 Non-current Assets 1,925,731 1,972,989 1,051,048 1,155,124 Liabilities (410,916) (579,581) (257,502) (277,773) Total non-current net assets 1,514,815 1,393,408 793,546 877,351 Net assets 1,712,564 1,576,947 1,630,294 1,703,819 Summarised statements of comprehensive income MSM Malaysia FGV Palm Holdings Berhad Group Industries Sdn Bhd 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 Revenue 2,259,698 2,184,463 812,867 818,300 Profit/(loss) before zakat and taxation 174,418 (45,270) 38,510 34,495 Taxation and zakat (44,487) (30,537) (4,848) (8,681) Profit/(loss) for the financial year 129,931 (75,807) 33,662 25,814 Other comprehensive income/(loss) 5,685 (4,777) 3,911 (353) Total comprehensive income/(loss) 135,616 (80,584) 37,573 25,461 Profit/(loss) attributable to non-controlling interest 14,410 (37,145) 9,426 7,228 Total comprehensive income/(loss) attributable to non-controlling interest 17,196 (39,486) 10,521 7,129 Accumulated non-controlling interest 789,900 772,704 456,482 477,069 Dividends paid to non-controlling interest – – 31,108 56,560

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