FGV Annual Report 2013

Felda Global Ventures Holdings Berhad 306 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2013 53 SIGNIFICANT RELATED PARTY TRANSACTIONS (CONT’D.) Related parties and relationships are summarised as follows: (Cont’d.) (iii) Other related parties Other related companies Relationship FELDA Significant shareholder Felda Iffco Inc (“FINA”) Subsidiary of FISB (a) Sales of goods, services and investments Group Company 2013 2012 2013 2012 RM’000 RM’000 RM’000 RM’000 (i) Transactions with subsidiaries Sales of investment in FISB to FGVD - - - 94,941 Sales of investment in FGVNA to FGVD - - - 632,100 Sales of investment in FGVK to FGVP - - - 188,583 Capital contribution to FGVP and FGVSSC - - - 283,400 Dividend received from subsidiaries - - 273,819 529,895 Management fees received from subsidiaries - - 23,830 38,731 (ii) Transactions with joint ventures Tolling fees income of TRT ETGO from Bunge ETGO 21,782 59,575 - - Sales of CPO by FGVPM to FISB 2,189,549 1,914,338 - - (iii) Transactions with associates Dividend received by Company from FHB - - 76,863 173,279 Dividend received by Company from Tradewinds - - - 23,718 (iv) Transactions with subsidiaries of FHB Sales of FFB by FGVPM to FPISB 2,242,503 2,388,338 - - Sales of cup lumps and latex by FGVPM to FRISB 38,280 54,464 - - Sales of CPO by FGVPM to FVOPSB and DOPSB 2,750,741 2,316,189 - - Sales of CPO by PUP to FVOP 27,143 - - - Sales of PK by FGVPM to FKPSB - 121,455 - - Management fees charged by Company to subsidiaries of FHB 52,051 88,637 52,051 88,637 (iv) Transactions with FELDA Compensation receivable from lands reclaimed by FELDA 82,938 - - - Share of IPO expenses charged by Company to FELDA - 52,440 - 52,440