138 Annual Report 2022 REVENUE 4. Notes to the Financial Statements For the Financial Year Ended 30 September 2022 2022 RM The Company 2021 RM 2021 RM 2022 RM The Group Property development: Revenue from contracts with customers: Attributable revenue from sale of uncompleted development properties Attributable revenue from sale of completed development properties Attributable revenue from construction contracts 464,089,558 27,347,173 - - - - 483,635,581 48,091,788 9,158,204 - - 2,176,149 Sale of goods 83,954,642 - - 81,755,362 Sale of crude palm oil and palm kernel Revenue from hotel operations Services rendered 294,458,125 1,240,792 514,654 - - - - - - 315,817,267 4,011,763 959,852 940,660,467 888,232,333 - - 968,126,254 913,572,107 90,304,250 72,500,000 Revenue from other sources: Dividend income from subsidiaries Interest income from money lending Rental income Rental income from investment properties Group revenue excludes intra-group transactions. - 2,417,131 176,648 22,745,995 90,304,250 - - - 72,500,000 - - - - 2,284,173 69,018 25,112,596 500,594,935 - - 533,903,518 Sale of land held for property development - - - 2,500,000 Sale of non-current assets classified as held for sale 7,469,185 - - 1,712,705 2022 RM The Company 2021 RM 2021 RM 2022 RM The Group Timing of revenue recognition Point in time Over time 414,984,571 473,247,762 - - - - 454,848,737 485,811,730 940,660,467 888,232,333 - - Included in the rental income from investment properties is an amount of lease income amounting to RM4,288,277 (2021: RM4,591,296) generated from an international school and other retail properties, with remaining non-cancellable lease period ranging from 3 years to 17 years (2021: 4 years to 18 years) under operating lease arrangement.
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