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Annual Report 2020
203
Notes to the Financial Statements
As at 31 March 2020
kumpulan Fima Berhad
(197201000167)(11817-V)
38. Commitments
Group
Company
2020
RM’000
2019
RM’000
2020
RM’000
2019
RM’000
Capital expenditure:
Approved and contracted for:
Property, plant and equipment
3,683
3,018
-
-
Approved but not contracted for:
Property, plant and equipment
36,286
33,853
340
65
39,969
36,871
340
65
39. Related party disclosures
(a) Significant related party transactions
In addition to the transactions detailed elsewhere in the financial statements, the Group and the Company had the
following transactions with related parties during the financial year.
(Income)/expense
Group
2020
RM’000
2019
RM’000
Transaction with companies connected to directors and substantial
shareholders:
- Rental charges
(76)
(88)
- Purchase of products
(5,925)
(6,572)
- Service rendered
444
148
(Income)/expense
Company
2020
RM’000
2019
RM’000
Transaction with corporate shareholder:
- Advisory services
120
120
Transaction with subsidiaries:
- Dividend income from subsidiaries
(38,390)
(51,453)
- Management fees from subsidiaries
(2,953)
(1,509)
- Interest charged to subsidiaries
(2,018)
(10,885)
- Sales of fish to a subsidiary
(11,159)
(10,593)
- Rental income from subsidiaries
(343)
(347)