FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 197 01 02 05 03 07 06 04 08 09 ANNUAL INTEGRATED REPORT 2018 EXAMINED OUR NUMBERS 6 REVENUE (CONTINUED) (a) Disaggregation of revenue from contracts with customers: (continued) 2017 Plantation RM’000 Sugar RM’000 Logistics and support business RM’000 Total RM’000 Major goods and services: Sales of CPO 2,909,389 - 2,361,278 5,270,667 Sales of RBDO 1,714,327 - 2,698,066 4,412,393 Sales of refined sugar and molasses - 2,654,843 - 2,654,843 Sales of fertiliser, packed products and others 1,128,921 - 1,353 1,130,274 Sales of fatty acids 1,011,157 - 105,887 1,117,044 Sales of rubber products 939,382 30 - 939,412 Sales of CPKO 351,940 - 41,106 393,046 Sales of biodiesel products 147,742 - - 147,742 Sales of PK 222,659 - 110,673 333,332 Services rendered 55,557 - 395,674 451,231 Sales of FFB 12,285 1,098 - 13,383 Others 7,027 67 5,748 12,842 8,500,386 2,656,038 5,719,785 16,876,209 Timing of revenue recognition - at a point in time 8,500,386 2,656,038 5,641,683 16,798,107 - over time - - 78,102 78,102 8,500,386 2,656,038 5,719,785 16,876,209 (b) Revenue from other sources 2018 RM’000 2017 RM’000 Rental income 35,857 35,683 Finance income 18,449 9,882 54,306 45,565 The Group and the Company applied the practical expedient in MFRS 15 and did not disclose information about recognising obligations that have original expected duration of one year or less.