FGV Audited Financial Statements 2020

Statements of Profit or Loss For The Financial Year Ended 31 December 2020 Group Company Note 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 Revenue 6 14,075,712 13,259,012 358,704 629,111 Cost of sales (12,501,668) (12,049,310) (93,289) (106,759) Gross profit 1,574,044 1,209,702 265,415 522,352 Other operating income 7 132,499 100,391 65,364 4,817 Selling and distribution costs (114,671) (149,908) - - Administrative expenses (774,343) (861,554) (46,347) (48,616) Reversal of impairment/ (impairment) of financial assets (net) 8 7,793 (86,300) 618 (5,308) (Impairment)/reversal of impairment of non- financial assets (net) 9 (242,074) (168,262) - 739 Other operating expenses 10 (22,697) (3,558) (6,581) (393,627) Other losses, net 11 (116,034) (234,499) - - Operating profit/(loss) 444,517 (193,988) 278,469 80,357 Finance income 12 39,612 25,085 - - Finance costs 12 (161,872) (183,158) (57,335) (132,246) Share of results from associates 25 366 (1,625) - - Share of results from joint ventures 26 23,441 14,858 - - Profit/(loss) before zakat and taxation 346,064 (338,828) 221,134 (51,889) Zakat 15 (16,300) (6,397) - - Taxation 16 (195,571) (25,931) (9,048) (28,205) Profit/(loss) for the financial year 13 134,193 (371,156) 212,086 (80,094) Profit/(loss) attributable to: Owners of the Company 146,156 (246,174) 212,086 (80,094) Non-controlling interests (11,963) (124,982) - - 134,193 (371,156) 212,086 (80,094) Earnings per share (“EPS”) attributable to owners of the Company Basic and diluted EPS (sen) 18 4.0 (6.7) - - 12 FGV HOLDINGS BERHAD Audited Financial Statement 2020