FGV Annual Report 2015

175 WHO WE ARE & WHAT WE DO OUR STRATEGIC INTENT & PERFORMANCE HOWWE ARE GOVERNED CREATING SUSTAINABLE VALUE OUR NUMBERS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING ADDRESSING OUR RISKS & OPPORTUNITIES Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 The Directors have pleasure in submitting their annual report to the members together with the audited financial statements of the Group and the Company for the financial year ended 31 December 2015. PRINCIPAL ACTIVITIES The Company is principally an investment holding company with investments primarily in oil palm plantation and its related downstream activities, sugar refining, trading, logistics, marketing, rubber processing, research and development activities and related agribusiness activities. The principal activities of the subsidiaries are stated in Note 22 to the financial statements. There have been no significant changes in the nature of these activities of the Group and the Company during the financial year other than as disclosed in Note 56 to the financial statements. FINANCIAL RESULTS Group Company RM’000 RM’000 Profit attributable to owners of the Company 106,986 283,004 Non-controlling interests 194,291 - Profit for the financial year 301,277 283,004 DIVIDENDS Dividends on ordinary shares paid or declared by the Company since 31 December 2014 are as follows: RM’000 In respect of the financial year ended 31 December 2014: - Final single tier dividend of 4.0 sen per share, paid on 10 July 2015 145,926 In respect of the financial year ended 31 December 2015: - Interim single tier dividend of 2.0 sen per share, paid on 28 December 2015 72,963 Total 218,889 The Board of Directors are recommending the payment of a final single tier dividend of 2.0 sen per ordinary share amounting to RM72.96 million, which is not taxable in the hands of the shareholders pursuant to paragraph 12B of Schedule 6 of the Income Tax Act, 1967, and which is subject to the approval of the shareholders at the forthcoming Annual General Meeting of the Company. Directors’ Report