FGV Annual Report 2016

ANNUAL INTEGRATED REPORT 2016 327 FINANCIAL REPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 55 SIGNIFICANT RELATED PARTY TRANSACTIONS (CONTINUED) Significant related parties and relationships are summarised as follows: (continued) (ii) Joint ventures Trurich Resources Sdn. Bhd. ("Trurich") FPG Oleochemicals Sdn. Bhd. ("FPG") Felda Iffco Sdn. Bhd. Group ("FISB Group") MAPAK Edible Oil Pvt. Ltd. ("MAPAK") (iii) Associate F.K.W Global Commodities (Private) Limited ("FKW") (iv) Other related companies Yayasan Felda (Entity controlled by FELDA) Group Company 2016 RM'000 2015 RM'000 2016 RM'000 2015 RM'000 (a) Sales of goods, services and investments (i) Transactions with subsidiaries Dividend received from subsidiaries - - 254,002 549,492 Management fees charged to subsidiaries - - 97,010 121,780 (ii) Transactions with joint ventures Sales of CPO by FGVPM to FISB Group 1,671,057 1,375,612 - - Sales of CPKO, RBDPKO and PFAD by FKPSB to FISB Group and FPG 1,487,618 976,336 - - Sales of ProcessedPalm Oil ("PPO") by FGV Trading to FISB Group 238,509 352,454 - - Sales of CPO by FGVPM to MAPAK 311,442 221,212 - - Provision of storage space for vegetable oil by FBSB to FISB Group and FPG 14,685 15,665 - - Sales of PPO by FELMA to FISB Group - 17,321 - - (iii) Transactions with an associate Sales of PPO by FGV Trading to FKW 38,520 35,160 - -