FGV Annual Report 2018
NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 329 01 02 05 03 07 06 04 08 09 ANNUAL INTEGRATED REPORT 2018 EXAMINED OUR NUMBERS 57 SIGNIFICANT RELATED PARTY TRANSACTIONS (CONTINUED) Group Company 2018 RM’000 2017 RM’000 2018 RM’000 2017 RM’000 (b) Purchase of goods and services (i) Transactions with subsidiaries Finance costs charged by by FGVC - - 27,214 14,464 Purchase of IT services from Prodata - - 6,383 13,465 Purchase of security services from FSSSB - - 510 809 Purchase of travel sevices from Felda Travel - - 3,074 3,875 (ii) Transactions with FELDA and its subsidiaries Finance expense charged 61,932 77,746 61,932 77,746 Building rental charged 22,383 27,356 6,976 8,924 LLA liability paid by FGVPM 298,651 307,129 - - Purchase of latex by FRISB 125,512 147,300 - - Purchase of FFB by FPISB and FGVPM 2,838,442 3,756,304 - - Joint Consultative Committee payment by FPISB and FGVPM to FELDA 12,678 12,783 - - (c) Transactions with Government-related entities Transactions between subsidiaries and other government agencies Cooking oil subsidy received from Malaysia Palm Oil Board ( “ MPOB ” ) and Kementerian Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan 20,669 71,701 - - Cess payment to MPOB 36,724 38,911 - -
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