FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 328 FGV HOLDINGS BERHAD EXAMINED OUR NUMBERS 57 SIGNIFICANT RELATED PARTY TRANSACTIONS (CONTINUED) Group Company 2018 RM’000 2017 RM’000 2018 RM’000 2017 RM’000 (a) Sales of goods, services and investments (i) Transactions with subsidiaries Dividend received/receivable from subsidiaries - - 234,353 353,083 Management fees charged to subsidiaries - - 148,671 59,843 (ii) Transactions with joint ventures Sales of CPO by FGVPM to FISB Group 1,365,665 1,826,595 - - Sales of CPKO, RBDPKO and PFAD by FKPSB to FISB Group and FPG 1,135,348 1,661,119 - - Sales of Processed Palm Oil ( “ PPO ” ) by FGV Trading to FISB Group 136,146 223,411 - - Sales of CPO by FGVPM to MAPAK 228,612 353,468 - - Provision of storage space for vegetable oil by FBSB to FISB Group and FPG 14,904 14,900 - - (iii) Transactions with an associate Sales of PPO by FGV Trading to FKW 21,278 43,179 - - (iv) Transactions with FELDA and its subsidiaries Sales of fertilizer by FGVF 104,158 275,384 - - IT services rendered by Prodata 25,230 27,974 - - Security services rendered by FSSSB 23,564 21,777 - - Sales of seedlings and planting materials by FASSB 16,647 12,788 - - Maintenance and consultancy services by FESSB 6,602 39,544 - - Travel and hospitality services by Felda Travel 10,980 10,472 - - Contributions to Yayasan FELDA 5,762 2,044 - -