FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 303 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 54 SIGNIFICANT RELATED PARTY TRANSACTIONS (CONTINUED) Group Company 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 (a) Sales of goods, services and investments (i) Transactions with subsidiaries Dividend received/receivable from subsidiaries - - 353,083 254,002 Management fees charged to subsidiaries - - 59,843 97,010 (ii) Transactions with joint ventures Sales of CPO by FGVPM to FISB Group 1,826,595 1,671,057 - - Sales of CPKO, RBDPKO and PFAD by FKPSB to FISB Group and FPG 1,661,119 1,487,618 - - Sales of Processed Palm Oil (“PPO”) by FGV Trading to FISB Group 223,411 238,509 - - Sales of CPO by FGVPM to MAPAK 353,468 311,442 - - Provision of storage space for vegetable oil by FBSB to FISB Group and FPG 14,900 14,685 - - (iii) Transactions with an associate Sales of PPO by FGV Trading to FKW 43,179 38,520 - - (iv) Transactions with FELDA and its subsidiaries Sales of fertilizer by FPMSB 275,384 232,894 - - IT services rendered by Prodata 27,974 28,349 - - Security services rendered by FSSSB 21,777 23,555 - - Sales of seedlings and planting materials by FASSB 12,788 15,672 - - Maintenance and consultancy services by FESSB 39,544 72,099 - - Travel and hospitality services by Felda Travel 10,472 9,623 - -