FGV Audited Financial Statements 2022

AUDITED FINANCIAL STATEMENTS 2022 73 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 6 REVENUE (CONTINUED) Company 2022 RM’000 2021 RM’000 Revenue from contracts with customers 129,837 116,241 Revenue from other sources 722,540 383,046 852,377 499,287 Revenue from contracts with customers Management fees 129,837 116,241 Timing of revenue recognition - over time 129,837 116,241 Revenue from other sources Dividend from subsidiaries: - quoted 2,315 - - unquoted 702,299 374,547 Finance income from financial institutions 69 31 Others 17,857 8,468 722,540 383,046 7 OTHER OPERATING INCOME Group Company 2022 RM’000 2021 RM’000 2022 RM’000 2021 RM’000 Rental income 7,198 6,455 295 235 Compensation on reclamation of LLA 11,910 15,343 - - Gain on disposal of property, plant and equipment, (net) 2,156 803 96 - Gain on disposal of assets held for sale - 927 - - Realisation of foreign exchange reserve upon liquidation of a subsidiary 1,881 - - - Dividend income from financial assets at fair value through other comprehensive income 7,046 2,572 - - Income from sale of scrap 11,421 10,104 - - Income from sludge oil 9,915 8,276 - - Income from penalty charges 62 3,724 - - Insurance reimbursement 1,830 10,895 - - Roundtable Sustainable Palm Oil (“RSPO”) premium income 1,683 1,222 - - Foreign currency exchange gains 25,531 9,040 5,088 - Income from electricity supply in relation to biomass project 16,475 11,142 - - Reversal of impairment on asset held for sale 15,100 - - - Reversal of provision for asset retirement 10,116 - - - Other operating income 30,458 14,610 6,347 2,877 152,783 95,113 11,826 3,112

RkJQdWJsaXNoZXIy NDgzMzc=