MSM Malaysia Holdings Berhad Annual Report 2020

6 REVENUE – CONTINUING OPERATIONS The Group and Company derive the following types of revenue: Group Company 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Revenue from contract with customers 2,184,463 2,006,911 14,102 14,102 Revenue from other sources - - 112,983 131,290 2,184,463 2,006,911 127,085 145,392 Disaggregation of revenue from contracts with customers: Group Company 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Revenue from contract with customers Management fee income - - 14,102 14,102 Sales of goods (refined sugar and molasses) 2,184,051 2,006,149 - - Rendering of services (transportation services) 412 762 - - 2,184,463 2,006,911 14,102 14,102 Revenue from other sources Interest income - - 38,108 60,366 Dividend income - - 75,000 43,718 Others* - - (125) 27,206 - - 112,983 131,290 2,184,463 2,006,911 127,085 145,392 Timing of revenue recognition - at a point in time 2,184,051 2,006,149 - - - over time 412 762 14,102 14,102 2,184,463 2,006,911 14,102 14,102 * In the previous financial year, Others comprise of loan modification costs recharged to a subsidiary. MSM MALAYSIA HOLDINGS BERHAD Annual Repor t 2020 176 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 CHAIRMAN’S STATEMENT DELIVERING VALUE MSM OVERVIEW MANAGEMENT DISCUSSION & ANALYSIS GROUP FINANCIAL REPORT