FGV Audited Financial Statements 2023

FGV HOLDINGS BERHAD | AUDITED FINANCIAL STATEMENTS 2023 195 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 (b) Purchase of goods and services (continued) (ii) Transactions with FELDA and its non-FGV subsidiaries Repayment of loans 331,665 300,000 331,665 300,000 Finance expense charged 12,987 28,542 12,987 28,542 LLA liability paid by FGVPM 300,247 477,306 - - Purchase of latex by FRISB 133,412 120,961 - - Purchase of FFB by FGVT 4,070,083 6,770,968 - - Joint Consultative Committee Payment FGVT to FELDA 15,926 19,231 - - (c) Transactions with Government-related entities Transactions between subsidiaries and other government agencies Cooking oil subsidy and Joint Industry incentive for sugar received/receivable from Kementerian Perdagangan Dalam Negeri dan Kos Sara Hidup 202,932 379,360 - - CESS payment to Malaysia Palm Oil Board 42,556 46,395 - - Windfall tax paid/payable to Royal Malaysian Custom Department 69,446 220,462 - - Provision of IT solutions to Kementerian Pendidikan Malaysia 32,187 3,195 - - Provision of IT solutions to Suruhanjaya Komunikasi dan Multimedia Malaysia 29,915 32,177 - - Provision of IT solutions to Lembaga Hasil Dalam Negeri Malaysia 8,886 12,979 - -

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