FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 202 FGV HOLDINGS BERHAD EXAMINED OUR NUMBERS 12 (LOSS)/PROFIT FOR THE FINANCIAL YEAR (Loss)/profit for the financial year is stated after charging/(crediting) Group Company 2018 RM’000 2017 RM’000 2018 RM’000 2017 RM’000 Matured estates operating expenses (collection, upkeep,cultivation and general charges) 397,523 440,125 - - Cost of raw materials and chemicals for production and manufacturing 8,507,558 11,645,393 - - Cost of purchasing CPO 107,210 389,655 - - Cost of petrol, diesel and natural gas 160,333 180,673 - - Service charge on CPO trading 317 5,092 - - Property, plant and equipment (Note 19): - Depreciation 686,136 572,911 4,430 5,294 - Impairment loss (net) 215,750 14,417 739 - - Write offs 24,488 22,938 15,255 1 - Gain on disposal (net) (80) (303) - - Investment properties (Note 20): - Depreciation 12,417 12,030 881 638 - Impairment loss 1,218 - 1,218 - Intangible assets (Note 21): - Impairment loss 526,625 - - - - Amortisation 27,395 22,725 7,605 7,383 - Write offs 2,784 - 2,784 - Prepaid lease payments (Note 25) - Amortisation 3,700 2,964 - - Assets held for sale: - Write offs - 111 - - - Impairment loss 52,080 - - - Impairment of receivables (net) 69,814 89,444 - - Impairment loss on amounts due from joint ventures 20,212 10,366 - - Impairment loss on amounts due from subsidiaries (net) - - 7,504 - Impairment loss on amounts due from other related company 19,990 - - -