FGV Audited Financial Statements 2023

FGV HOLDINGS BERHAD | AUDITED FINANCIAL STATEMENTS 2023 81 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 6 REVENUE (CONTINUED) Group (continued) (a) Disaggregation of revenue from contracts with customers: (continued) 2022 Plantation RM’000 Sugar RM’000 Logistics and Support Business RM’000 Corporate HQ and Others RM’000 Total RM’000 Major goods and services: Sales of CPO 11,301,038 - - - 11,301,038 Sales of PPO 2,475,512 - - - 2,475,512 Sales of refined sugar and molasses - 2,562,839 - - 2,562,839 Sales of PK 795,867 - - - 795,867 Sales of fertiliser, packed products and others 3,164,940 - - - 3,164,940 Sales of fatty acids 1,494,465 - - - 1,494,465 Sales of rubber products 711,935 - - - 711,935 Sales of CPKO 1,616,850 - - - 1,616,850 Sales of biodiesel products 466,372 - - - 466,372 Services rendered 32,416 3,047 353,164 474 389,101 Sales of FFB 59,885 - - - 59,885 Freight income 70,109 - - - 70,109 Others 4,439 - 12,674 29,955 47,068 22,193,828 2,565,886 365,838 30,429 25,155,981 Timing of revenue recognition - at a point in time 22,091,472 2,562,839 44,826 29,929 24,729,066 - over time 102,356 3,047 321,012 500 426,915 22,193,828 2,565,886 365,838 30,429 25,155,981 (b) Revenue from other sources 2023 RM’000 2022 RM’000 Subsidy and Joint Industry Incentive from Kementerian Perdagangan Dalam Negeri dan Kos Sara Hidup from sales of packed and sugar products 202,932 379,360 Rental income 72,027 23,401 Finance income 2,852 2,801 277,811 405,562

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