FGV Audited Financial Statements 2019

115 01 S E C T I O N NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 AUDITED FINANCIAL STATEMENTS 2019 23 INTANGIBLE ASSETS Group Goodwill RM’000 Brand RM’000 Software RM’000 Land use rights RM’000 Others RM’000 Intangible assets under development RM’000 Total RM’000 Net book value 2019 At 1 January 2019 803,035 85,287 50,634 43,973 1,653 11,439 996,021 Additions - - 1,410 43 - 1,809 3,262 Reclassification - - 3,924 - - (3,924) - Amortisation charge - (4,650) (22,144) (741) (244) - (27,779) Impairment charge - - (179) - - - (179) Write offs - - (2,173) - - - (2,173) Exchange differences - - - 616 (14) - 602 At 31 December 2019 803,035 80,637 31,472 43,891 1,395 9,324 969,754 Expected remaining useful lives (years) - 31 December 2019 11-18 1-3 31 7 Group Goodwill RM’000 Brand RM’000 Licenses RM’000 Software RM’000 Land use rights RM’000 Others RM’000 Intangible assets under development RM’000 Total RM ’ 000 Net book value 2018 At 1 January 2018 1,315,981 94,208 11,857 56,618 45,627 1,856 10,421 1,536,568 Additions - - - 6,457 138 - 10,678 17,273 Reclassification - (4,271) (993) 12,109 - - (6,845) - Amortisation charge - (4,650) - (21,766) (741) (238) - (27,395) Impairment charge (512,946) - (10,864) - - - (2,815) (526,625) Write offs - - - (2,784) - - - (2,784) Exchange differences - - - - (1,051) 35 - (1,016) At 31 December 2018 803,035 85,287 - 50,634 43,973 1,653 11,439 996,021 Expected remaining useful lives (years) - 31 December 2018 12-19 - 1-5 32 8