FGV Annual Report 2014

21 Intangible Assets Intellectual Intangible Completed Lease Customer property assets under Group Goodwill Brand technology agreement relationships Software rights development Total RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Net book value 2014 At 1 January 2014, as restated 705,290 108,537 1,171 2,274 15,123 53,180 75,035 27,906 988,516 Acquisition of subsidiaries (Note 22) 510,985 – – – – – 25,012 26,445 562,442 Additions – 404 – – – 8,968 5,499 1,467 16,338 Amortisation charge – (4,650) (422) (193) (5,453) (15,434) (7,374) – (33,526) Write offs – – – – – – (272) – (272) Transfer to property, plant and equipment (Note 19) – – – – – (70) – – (70) Exchange differences – 2 51 142 732 12 26 4 969 At 31 December 2014 1,216,275 104,293 800 2,223 10,402 46,656 97,926 55,822 1,534,397 Expected remaining useful lives (years) – 31 December 2014 16 3 12 3 2-4 9 2013 (Restated) At 1 January 2013 576,240 76,355 1,487 2,303 19,200 5,749 – 25,765 707,099 Acquisition of subsidiaries (Note 22) 129,050 35,408 – – – 42,989 75,035 – 282,482 Additions – – – – – 6,223 – 2,141 8,364 Amortisation charge – (3,226) (421) (193) (5,443) (1,781) – – (11,064) Exchange differences – – 105 164 1,366 – – – 1,635 At 31 December 2013 705,290 108,537 1,171 2,274 15,123 53,180 75,035 27,906 988,516 Expected remaining useful lives (years) – 31 December 2013 17 4 13 4 3-5 10 Felda Global Ventures Holdings Berhad pg 232 NOTES TO THE FINANCIAL STATEMENTS For The Financial Year Ended 31 December 2014