FGV Annual Report 2013
Felda Global Ventures Holdings Berhad 307 53 SIGNIFICANT RELATED PARTY TRANSACTIONS (CONT’D.) (b) Purchase of goods and services Group Company 2013 2012 2013 2012 RM’000 RM’000 RM’000 RM’000 (i) Transactions with an associate Management fees charged by FHB 55,909 89,369 42,216 74,267 (ii) Transactions with subsidiaries of FHB Purchase of coconut oil and other palm oil products by TRTH from FELMA 61,353 229,129 - - Purchase of fertilizer and compose by FGVPM and KGFP from FPMSB and FPISB 306,179 524,998 - - Purchase of chemicals and seedlings by FGVPM and KGFP from FASSB 33,959 35,130 - - Purchase of CPO by FGVPM from FPISB 6,977,255 7,022,703 - - Purchase of IT services from FPSSB 16,450 16,000 2,281 1,628 Purchase of marketing services from FELMA 11,606 16,895 - - Purchase of security services from FSSSB 56,556 40,481 292 9 Purchase of travel Sevices by Felda Travel 13,874 9,163 - - Management fees and profit sharing paid by FGVPM to FPSB - 12,340 - - (iii) Transactions between subsidiaries and FELDA Finance expense charged by FELDA 93,085 91,174 93,085 91,174 Share of infrastructure cost in Sabah charged to FGVPM by FELDA 16,902 17,931 - - LLA liability paid to FELDA 325,894 388,103 - - (c) Other transactions (i) Transactions with subsidiaries of FHB Management incentives received by TRTH from FPI on purchase of palm oil products - 29,377 - - (d) Transactions with Government related entities (i) Transactions between subsidiaries and other government agencies Sugar subsidy from Kementerian, Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan 134,623 274,476 - - Windfall tax paid to Kastam Diraja Malaysia 1,135 40,597 - - CPO export tax paid to Kastam Diraja Malaysia 58,190 - - -
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