FGV Audited Financial Statements 2023

194 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 53 SIGNIFICANT RELATED PARTY TRANSACTIONS (CONTINUED) Group Company 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 (a) Sales of goods, services and investments (i) Transactions with subsidiaries Dividend received/receivable from subsidiaries - - 199,756 704,614 Management fees charged to subsidiaries - - 137,575 129,336 (ii) Transactions with joint ventures Sales of CPO and RBD products by FGV Trading to FISB Group 1,075,410 914,807 - - Sales of CPKO by FKPSB to FISB Group 175,539 341,793 - - Sales of CPO by FGV Trading to MAPAK 100,299 292,231 - - Provision of storage space for vegetable oil by FBSB to FISB Group and FPG 24,340 22,824 - - Provision of tolling services by FGVRSB to FPG 26,664 25,482 - - (iii) Transactions with an associate Sales of Processed Palm Oil (“PPO”) by FGV Trading to FKW - 28,955 - - (iv) Transactions with FELDA and its non-FGV subsidiaries Sales of fertiliser by FGVF 425,833 423,335 - - IT services rendered by Prodata 47,907 38,564 - - Security services rendered by FSSSB 21,458 22,657 - - Sales of seedlings and planting materials by FASSB 18,179 17,750 - - Travel and hospitality services by Felda Travel 2,855 1,683 - - Contributions to Yayasan FELDA 5,000 5,000 673 457 Management fees charged to FELDA - - 1,017 501 (b) Purchase of goods and services (i) Transactions with subsidiaries Finance costs charged by FGVC - - 43,637 40,442 Purchase of IT services from Prodata - - 4,056 4,744 Purchase of security services from FSSSB - - 228 218 Purchase of travel services from Felda Travel - - 4,239 2,658

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