FGV Audited Financial Statements 2020

Group Company Note 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 EQUITY AND LIABILITIES (continued) Current liabilities Payables 52 1,049,465 906,970 50,976 39,397 Contract liabilities 53 104,168 77,623 - - Loans due to ultimate holding company 46 3,322 3,322 3,322 3,322 Loans due to subsidiaries 47 - - 121,537 152,228 Amount due to ultimate holding company 29 265,984 216,558 1,179 1,128 Amount due to an associate 29 494 485 - - Amounts due to subsidiaries 29 - - 14,289 23,476 Amounts due to other related companies 29 1,374 1,604 69 561 Derivative financial liabilities 30 929 29,266 - - Borrowings 44 2,633,582 3,254,504 75,080 75,080 Lease liabilities 45 27,790 41,838 3,363 3,363 Provision for asset retirement 49 643 655 - - Current tax liabilities 2,925 34,520 2,811 177 LLA liability 48 332,240 252,814 - - 4,422,916 4,820,159 272,676 298,732 Liabilities related to assets held for sale 38 - 616 - - 4,422,916 4,820,775 272,676 298,732 Total liabilities 11,079,294 11,601,339 2,468,993 2,540,562 Total equity and liabilities 17,179,501 17,701,639 9,737,819 9,670,528 Statements of Financial Position As At 31 December 2020 16 FGV HOLDINGS BERHAD Audited Financial Statement 2020