FGV Berhad : Statements of Comprehensive Income 2021

12

FGV HOLDINGS BERHAD

STATEMENTS OF PROFIT OR LOSS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021

Note	2021	2020	2020
RM'000	RM'000	RM'000	RM'000
Revenue	6	19,565,891	14,075,712	499,287	358,704
Cost of sales	(16,891,822)	(12,501,668)	(113,562)	(93,289)
Gross profit	2,674,069	1,574,044	385,725	265,415
Other operating income	7	95,113	132,499	3,112	65,364
Selling and distribution costs	(203,935)	(114,671)	-	-
Administrative expenses	(801,475)	(774,343)	(36,500)	(46,347)
Reversal of impairment of financial assets (net)	8	722	7,793	96	618
Impairment of non-financial assets (net)	9	(59,595)	(242,074)	-	-
Other operating expenses	10	(10,098)	(22,697)	(862)	(6,581)
Other gains/(losses), net	11	83,975	(116,034)	-	-
Operating profit	1,778,776	444,517	351,571	278,469
Finance income	12	22,728	39,612	-	-
Finance costs	12	(126,933)	(161,872)	(78,989)	(57,335)
Share of results from associates	25	3,551	366	-	-
Share of results from joint ventures	26	35,858	23,441	-	-
Profit before zakat and taxation	1,713,980	346,064	272,582	221,134
Zakat	15	(17,406)	(16,300)	-	-
Taxation	16	(520,996)	(195,571)	(2,664)	(9,048)
Profit for the financial year	13	1,175,578	134,193	269,918	212,086
Profit attributable to:
Owners of the Company	1,167,874	146,156	269,918	212,086
Non-controlling interests	7,704	(11,963)	-	-
1,175,578	134,193	269,918	212,086
Earnings per share ("EPS") attributable to owners of
the Company
Basic and diluted EPS (sen)	18	32.0	4.0	-	-

Company 2021

Group

AUDITED FINANCIAL STATEMENTS 2021

STATEMENTS OF COMPREHENSIVE INCOME

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021

13

2021	2020
RM'000	RM'000	RM'000	RM'000
Profit for the financial year	1,175,578	134,193	269,918	212,086
Other comprehensive income:
Items that will not be reclassified to profit or loss
Actuarial gain/(loss) on defined benefit plan	19,517	(4,333)	262	(47)
Fair value changes in financial assets at fair value through
other comprehensive income	53,908	47,406	-	-
Items that may be subsequently reclassified to profit or loss
Currency translation differences	23,580	(19,072)	-	-
Realisation of foreign exchange reserve upon disposal of
assets held for sale	-	(4,342)	-	-
Share of other comprehensive income of an associate	531	3	-	-
Share of other comprehensive loss of joint ventures	(597)	(4,865)	-	-
Cash flow hedge reserve	5,543	(4,241)	-	-
29,057	(32,517)	-	-
Total other comprehensive income/(loss) for the financial
year, net of tax	102,482	10,556	262	(47)
Total comprehensive income for the financial year	1,278,060	144,749	270,180	212,039
Total comprehensive income attributable to:
Owners of the Company	1,269,363	161,681	270,180	212,039
Non-controlling interests	8,697	(16,932)	-	-
1,278,060	144,749	270,180	212,039

Company 2021

Group

2020