Table of Contents 1 346

FGV Annual Report 2017

OUR ORGANISATION 6
INSIDE THIS REPORT 3
ABOUT THIS REPORT 4
WHO WE ARE 6
HOW WE PERFORMED IN THE PAST FIVE YEARS 8
OUR CORPORATE DETAILS 9
CREATING VALUE 10
OUR GLOBAL PRESENCE 10
OUR MARKET LANDSCAPE 12
ASSESSING OUR MATERIAL MATTERS 15
OUR VALUE CREATION MODEL, SHAPED BY MATERIAL MATTERS 18-19
THE LINKS BETWEEN MATERIAL MATTERS, STRATEGY AND RISKS 22
OUR STRATEGIC PLAN - THE ENHANCEMENT 24
LETTER FROM OUR CHAIRMAN 26
STATEMENT FROM THE CHAIRMAN 26
UNDERSTANDING OUR BUSINESS CONTEXT 28
MESSAGE FROM THE GROUP PRESIDENT/CHIEF EXECUTIVE OFFICER 28
MESSAGE FROM THE GROUP CHIEF FINANCIAL OFFICER 32
OUR HUMAN CAPITAL DEVELOPMENT 36
OUR PERFORMANCE BY SECTOR: PLANTATION 40
OUR PERFORMANCE BY SECTOR: SUGAR 50
OUR PERFORMANCE BY SECTOR: LOGISTICS AND SUPPORT BUSINESSES 56
ENSURING OUR BUSINESS STANDS THE TEST OF TIME 61
OUR STAND ON SUSTAINABILITY 61
HOW WE ARE GOVERNED 65
CHAIRMAN’S GOVERNANCE OVERVIEW 65
GOVERNANCE AT FGV: LEADERSHIP AND EFFECTIVENESS 67
GOVERNANCE AT FGV: ACCOUNTABILITY 87
GOVERNANCE AT FGV: REMUNERATION 98
GOVERNANCE AT FGV: RELATIONS WITH OUR STAKEHOLDERS 103
GOVERNANCE AT FGV: INTEGRITY IN CORPORATE REPORTING 105
STATEMENT ON RISK MANAGEMENT AND INTERNAL CONTROL 106
STATEMENT ON DIRECTORS’ RESPONSIBILITY 113
FINANCIAL STATEMENTS 114
DIRECTORS’ REPORT 115
STATEMENT BY DIRECTORS 120
STATUTORY DECLARATION 120
INDEPENDENT AUDITORS' REPORT 121
STATEMENTS OF COMPREHENSIVE INCOME 126
STATEMENTS OF FINANCIAL POSITION 128
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 131
STATEMENT OF CHANGES IN EQUITY 133
STATEMENTS OF CASH FLOWS 135
NOTES TO THE FINANCIAL STATEMENTS 141
ADDITIONAL INFORMATION 315
SHARE PRICE MOVEMENT 315
FINANCIAL CALENDAR 316
ANALYSIS OF SHAREHOLDINGS 317
TOP 10 PROPERTIES OF FGV GROUP 320
ADDITIONAL DISCLOSURE 322
APPLICATION OF THE PRINCIPLES AND PRACTICES OF THE MALAYSIAN CODE ON CORPORATE GOVERNANCE 2017(MCCG 2017) 331
NOTICE OF ANNUAL GENERAL MEETING 334
STATEMENT ACCOMPANYING NOTICE OF ANNUAL GENERAL MEETING 340
ADMINISTRATIVE DETAILS 341
PROXY FORM 343

RkJQdWJsaXNoZXIy NDgzMzc=