FGV Annual Report 2012

48 Felda Global Ventures Holdings Berhad 10 FINANCE INCOME AND COSTS Group Company 2012 2011 2012 2011 RM’000 RM’000 RM’000 RM’000 Finance income: – interest income from financial institutions 103,934 35,285 – – – interest income from jointly controlled entity 3,339 – – – – unwinding of discount of financial assets – 2,770 139 2,929 Total finance income 107,273 38,055 139 2,929 Finance costs: – term loans (5,672) (19,673) – (9,294) – revolving credits (2,506) (3,236) (2,506) – – loan from a significant shareholder (91,174) (91,383) (91,174) (91,383) – bankers acceptances (11,670) (9,067) – – – unwinding of discount of financial liabilities (258) (17,852) – (17,593) Total finance costs (111,280) (141,211) (93,680) (118,270) Net finance costs (4,007) (103,156) (93,541) (115,341) 11 PROFIT/(LOSS) BEFORE TAXATION Profit/(loss) before taxation is stated after charging/(crediting): Group Company 2012 2011 2012 2011 RM’000 RM’000 RM’000 RM’000 Matured estates operating expenses 441,540 572,632 – – Replanting expenses 223,458 199,644 – – Estates management fees and share of profit 63,227 96,223 – – Cost of raw materials and chemicals for production 2,307,443 3,612,203 – – Cost of purchasing CPO and PK and manufacturing cost 7,022,703 – – – Cost of petrol, diesel and natural gas 109,618 36,805 – – Service charge on CPO trading 16,895 – – – Property, plant and equipment (Note 18): – Depreciation 88,818 103,327 189 121 – Impairment loss 32,300 164,687 – – – Reversal of impairment (15,497) – – – –Write off 697 1,204 – 14 – (Gain)/loss on disposal (1,810) 496 – – Amortisation of investment properties (Note 19) 463 – – – Intangible assets (Note 20): – Amortisation 11,098 5,851 468 – – (Reversal of)/impairment loss (23,878) 42,792 – – Amortisation of prepaid lease payments (Note 24) 70 70 – – Notes to the Financial Statements for the financial year ended 31 December 2012