FGV Annual Report 2012

61 F i n a n c i a l S t a t e m e n t s 2 0 1 2 P e n y a t a K e w a n g a n 20 INTANGIBLE ASSETS Intangible assets Completed Lease Customer Trade under Goodwill Brand technology agreement relationships name Software development* Total Group RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Net book value 2012 At 1 January 2012 576,240 79,581 1,683 2,574 1,087 1,521 – – 662,686 Acquisition of subsidiary (Note 21) – – – – – – – 15,837 15,837 Additions – – – – – – 6,217 9,928 16,145 Reversal of impairment – – 258 – 23,387 233 – – 23,878 Amortisation charge – (3,226) (396) (182) (5,116) (1,710) (468) – (11,098) Exchange differences – (58) (89) (158) (44) – – (349) At 31 December 2012 576,240 76,355 1,487 2,303 19,200 – 5,749 25,765 707,099 2011 At 1 January 2011 617,912 82,807 1,981 2,689 1,280 3,384 – – 710,053 Impairment loss (42,792) – – – – – – – (42,792) Amortisation charge – (3,226) (340) (181) (219) (1,885) – – (5,851) Exchange differences 1,120 – 42 66 26 22 – – 1,276 At 31 December 2011 576,240 79,581 1,683 2,574 1,087 1,521 – – 662,686 Expected remaining useful lives (years) – 31 December 2012 24 5 14 5 1 5 * Refer Note 52(a)(ix) for contingent liability in relation to the intangible asset under development of RM9,928,000 in respect of an estate accounting system under development.