FGV HOLDINGS BERHAD | AUDITED FINANCIAL STATEMENTS 2023 95 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 18 SEGMENT REPORTING (CONTINUED) The revenue from external parties reported to the GMC is measured in a manner consistent with that in the statement of comprehensive income. Revenues from external customers are derived from sales of goods and provisions of services as disclosed in Note 6. The analysis of external revenue by end customer geographical location is as follows: 2023 RM’000 2022 RM’000 Malaysia 13,453,886 17,444,643 Overseas: - India 1,797,011 2,051,217 - China 438,210 796,097 - Pakistan 773,556 1,329,267 - Asia (excluding Malaysia, China, Pakistan and Indonesia) 1,023,999 1,593,199 - United States 1,011,311 1,488,170 - Europe 370,642 155,174 - Africa 303,384 609,323 - Indonesia 44,735 24,314 - Others 142,452 70,139 19,359,186 25,561,543 Segment assets and segment liabilities are not disclosed as these are not reported to the CODM. The analysis of non-current assets (excluding financial assets, tax recoverable and deferred tax assets) by geographical location is as follows: 2023 RM’000 2022 RM’000 Malaysia 11,416,439 11,100,337 Overseas: - United States 272,936 244,853 - Indonesia 8,091 154,463 - Pakistan 16,570 21,539 - Others 2,269 3,871 11,716,305 11,525,063 In the current financial year, one (2022: one) major customer in the Plantation Sector contributed RM1,250,949,000 (7%) (2022: RM1,256,600,000 (5%)) to the Group’s total revenues.
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