FGV Annual Report 2012

47 F i n a n c i a l S t a t e m e n t s 2 0 1 2 P e n y a t a K e w a n g a n 7 OTHER OPERATING INCOME Group Company 2012 2011 2012 2011 RM’000 RM’000 RM’000 RM’000 Gain from disposal of subsidiaries – 68,220 – 532,936* Gain on disposal of property, plant and equipment 1,810 – – – Rental of tanks 1,312 1,395 – – Reversal of impairment of intangible assets 23,878 – – – Realised foreign currency exchange gains 8,162 – – – Unrealised foreign currency exchange gains – 4,565 – 1,383 Other operating income 5,350 4,591 105 – 40,512 78,771 105 534,319 * In the previous financial year, gain from disposal of subsidiaries of RM532,936,000 is in respect of the disposal of the entire equity interest of Kilang Gula Felda Perlis Sdn Bhd (“KGFP”) held by the Company to a subsidiary of the Company, MSM Malaysia Holdings Berhad (“MSMH”), as part of the corporate reorganisation scheme for the listing of sugar business of the Group as disclosed in Note 21(d)(iii)(b). 8 OTHER OPERATING EXPENSES Group Company 2012 2011 2012 2011 RM’000 RM’000 RM’000 RM’000 Impairment loss on intangible assets – 42,792 – – Impairment loss on loan due from other related company 26,952 – – – Impairment loss on investment in subsidiaries – – 115,356 743,700 Impairment loss on jointly controlled entity – – – 29,014 Loss on sales of inventory and contracts to jointly controlled entity – 31,434 – – Loss on disposal of subsidiaries – – 4,528 – Loss on disposal of jointly controlled entity – – 36,890 – Financial guarantee contract expense – – 13,476 – Other operating expenses 10,512 1,558 9,752 14 37,464 75,784 180,002 772,728 9 OTHER (LOSSES)/GAINS, NET Group 2012 2011 RM’000 RM’000 Land Lease Agreement (“LLA”): – Fair value charge (Note 42) (210,178) – Sugar and oil palm futures contracts: – Fair value gains (Note 30) 2,685 38,288 Foreign currency forward contracts: – Fair value gains/(losses) (Note 30) 2,700 (2,365) (204,793) 35,923