7 OTHER OPERATING INCOME Group Company 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 Rental income 6,902 6,682 593 402 Compensation on land reclamation 189 2,141 – – Gain on disposal of property, plant and equipment (net) 1,603 5,142 – – Gain on disposal of assets held for sale – 8,381 – – Gain on liquidation of a subsidiary – 786 – – Dividend income from financial assets at fair value through other comprehensive income 3,739 3,258 – – Income from sale of scrap 9,982 12,705 – – Income from sludge oil 8,898 8,097 – – Income from penalty charges 1,332 2,468 – – Insurance reimbursement 2,377 9,679 – – Roundtable Sustainable Palm Oil (“RSPO”) premium income 6,911 1,663 – – Foreign currency exchange gains 22,723 16,051 554 7,007 Income from electricity supply in relation to biomass project 23,014 15,993 – – Reversal of impairment on contract assets 481 521 – – Other operating income 37,530 27,627 2,013 2,490 125,681 121,194 3,160 9,899 8 IMPAIRMENT/(REVERSAL OF IMPAIRMENT) OF FINANCIAL ASSETS (NET) Group Company 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 Reversal of impairment of receivables (net) (1,855) (2,733) – – Reversal of impairment on amounts due from ultimate holding company (net) (1,438) (3,366) – – Impairment loss/(reversal of impairment) on amounts due from other related companies 7,471 (8,272) – 1,287 Reversal of impairment on amount due from a joint venture (1,335) (3,251) – – Impairment loss/(reversal of impairment) on amounts due from subsidiaries (net) – – 9,000 (4,088) 2,843 (17,622) 9,000 (2,801) FGV Holdings Berhad | Audited Financial Statements 2024 Notes to the Financial Statements For the financial year ended 31 December 2024 74
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