FGV Annual Report 2017

FELDA GLOBAL VENTURES HOLDINGS BERHAD FINANCIAL STATEMENTS 188 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 8 OTHER OPERATING EXPENSES Group Company 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 Provision for litigation loss 32,841 - - - Impairment loss on amount due from a joint venture 10,366 13,893 - - Impairment loss on investment in a joint venture 2,444 - - - Impairment loss on investment in a subsidiary - - - 80,152 Loss on liquidation of a subsidiary 68 - 68 - Other operating expenses 6,106 1,959 1 4 51,825 15,852 69 80,156 9 OTHER LOSSES, NET Group 2017 RM’000 2016 RM’000 Land Lease Agreement (“LLA”): - Fair value losses (Note 45) (292,845) (68,275) Foreign currency forward contracts: - Fair value gains/(losses) 37,738 (7,027) Financial assets at fair value through profit or loss - Fair value gains/(losses) (Note 32) 2,735 (1,106) Sugar, oil palm and rubber futures contracts: - Fair value (losses)/gains (7,150) 5,960 (259,522) (70,448)