FGV Audited Financial Statements 2020

Statements of Financial Position As At 31 December 2020 Group Company Note 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 ASSETS Non-current assets Property, plant and equipment 20 7,810,463 8,190,118 9,407 10,600 Right-of-use assets 21 2,299,579 2,213,761 29,075 33,436 Investment properties 22 93,789 106,049 12,183 13,065 Intangible assets 23 958,289 969,754 18,207 25,411 Investment in subsidiaries 24 - - 8,493,027 8,424,764 Interests in associates 25 38,058 39,757 - - Interests in joint ventures 26 441,546 437,064 - - Receivables 27 136,078 86,736 - - Amount due from ultimate holding company 29 12,455 52,276 - - Amounts due from joint ventures 29 - 1,017 - - Amounts due from other related companies 29 - 12,218 - - Amounts due from subsidiaries 29 - - 659,455 634,340 Deferred tax assets 51 526,672 651,301 - - Financial assets at fair value through other comprehensive income 31 144,251 107,434 - - Loans due from joint ventures 32 - - - - 12,461,180 12,867,485 9,221,354 9,141,616 Current assets Inventories 33 1,192,616 1,313,037 - - Biological assets 34 57,001 45,766 - - Receivables 27 1,410,955 1,213,217 10,337 16,753 Contract assets 28 27,880 28,417 - - Amount due from ultimate holding company 29 62,440 70,375 20 20 Amounts due from subsidiaries 29 - - 116,438 440,128 Amounts due from joint ventures 29 26,908 148,011 - - Amounts due from other related companies 29 63,660 76,618 711 224 Loans due from subsidiaries 35 - - 368,886 62,600 Tax recoverable 33,539 51,264 - - Financial assets at fair value through profit or loss 36 68,201 58,940 - - Derivative financial assets 30 14,061 18,388 - - Deposits, cash and bank balances 37 1,729,194 1,617,622 20,073 9,187 4,686,455 4,641,655 516,465 528,912 Assets held for sale 38 31,866 192,499 - - 4,718,321 4,834,154 516,465 528,912 Total assets 17,179,501 17,701,639 9,737,819 9,670,528 14 FGV HOLDINGS BERHAD Audited Financial Statement 2020