FGV Annual Report 2016
FELDA GLOBAL VENTURES HOLDINGS BERHAD 328 FINANCIAL REPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 55 SIGNIFICANT RELATED PARTY TRANSACTIONS (CONTINUED) Group Company 2016 RM'000 2015 RM'000 2016 RM'000 2015 RM'000 (a) Sales of goods, services and investments (continued) (iv) Transactions with FELDA Group Sales of fertilizer by FPMSB 232,894 339,203 - - IT services rendered by Prodata 28,349 42,781 - - Security services rendered by FSSSB 23,555 23,327 - - Sales of seedlings and planting materials by FASSB 15,672 19,084 - - Maintenance and consultancy services by FESSB 72,099 88,620 - - (b) Purchase of goods and services (i) Transactions with subsidiaries Management fees charged by by FHB and FGVC - - - 2,811 Finance costs charged by by FGVC - - 16,921 6,615 Purchase of IT services from Prodata - - 17,759 10,729 Purchase of security services from FSSSB - - 1,226 1,410 Purchase of travel sevices from Felda Travel - - 4,843 9,848 (ii) Transactions with a joint venture Purchase of CPO by FELMA from FISB Group - 16,395 - - Purchase of CPO by FGV Trading from FISB Group - 85,319 - - (iii) Transactions with FELDA Group Finance expense charged 89,811 95,797 89,811 95,797 Building rental charged 33,490 29,468 12,995 7,881 Share of infrastructure cost in Sabah charged to FGVPM 14,637 17,722 - - LLA liability paid by FGVPM 287,906 278,495 - - Contribution to Yayasan FELDA 4,934 7,328 4,487 5,677 Purchase of latex by FRISB 90,150 84,822 - - Purchase of FFB by FPISB and FGVPM 2,990,673 2,734,046 - - Joint Consultative Committee payment by FPI and FGVPM to FELDA 10,073 12,315 - -
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