96 FGV HOLDINGS BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 23 INTANGIBLE ASSETS Intangible Land use assets under Goodwill Brand Software rights Others development Total Group RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Net book value 2021 At 1 January 2021 809,072 75,987 21,535 42,401 1,132 8,162 958,289 Additions – – 4,337 3,021 – 2,596 9,954 Reclassification – – 8,162 – – (8,162) – Amortisation charge – (4,650) (14,933) (741) (244) – (20,568) Exchange differences – – – 667 40 – 707 At 31 December 2021 809,072 71,337 19,101 45,348 928 2,596 948,382 Expected remaining useful lives (years) – 31 December 2021 9 – 16 1 – 5 29 5 2020 At 1 January 2020 803,035 80,637 31,472 43,891 1,395 9,324 969,754 Acquisition of a subsidiary (Note 24(c)) 6,037 – – – – – 6,037 Additions – – 2,526 202 – 609 3,337 Reclassification – – 1,771 – – (1,771) – Amortisation charge – (4,650) (18,020) (741) (244) – (23,655) Transfer from property, plant and equipment (Note 20) – – 3,786 – – – 3,786 Exchange differences – – – (951) (19) – (970) At 31 December 2020 809,072 75,987 21,535 42,401 1,132 8,162 958,289 Expected remaining useful lives (years) – 31 December 2020 10 – 17 1 – 3 30 6
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