FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 203 01 02 05 03 07 06 04 08 09 ANNUAL INTEGRATED REPORT 2018 EXAMINED OUR NUMBERS 12 (LOSS)/PROFIT FOR THE FINANCIAL YEAR (CONTINUED) (Loss)/profit for the financial year is stated after charging/(crediting) (continued) Group Company 2018 RM’000 2017 RM’000 2018 RM’000 2017 RM’000 Impairment loss on amounts due from a significant shareholder 40,844 1,779 - - Impairment loss on loan due from a joint venture 2,300 - - - Write down of inventory to net realisable value 9,655 5,979 - - Fair value changes in biological assets (net) 11,892 14,493 - - Rental - land and buildings 61,304 52,718 5,844 9,304 - plant, machinery and storage tanks 19,588 20,649 - - - other equipment 19,887 26,071 3,145 3,465 Repairs and maintenance of refining plants and mills 133,706 117,271 - - Repairs and maintenance of motor vehicles 49,122 38,440 - - Principal auditors’ remuneration: - Audit fee 4,401 4,327 598 589 - Other assurance services 1,501 1,454 1,187 1,125 - Non-audit fee - current year 54 231 35 172 Member firms of principal auditors’ remuneration: - Audit fee 1,423 1,704 - - Other firms of auditors’ remuneration: - Audit fee 169 161 - - - Non-audit fee 3,266 431 3,034 420 Staff costs* 1,626,887 1,553,465 96,947 105,352 Other operating expenses** 38,751 41,459 293 68 Professional and technical fees 9,701 6,450 7,951 5,503 Contribution to Yayasan Felda 5,762 2,044 - - Net realised foreign exchange loss/(gain) 4,015 (6,694) 696 1,564 Net unrealised foreign exchange loss/(gain) 5,230 (4,626) (696) (757) Research and non-capitalised development costs 32,631 31,073 - - Construction cost recognised as an expense 46,512 13,037 - -