FGV Annual Report 2015

253 WHO WE ARE & WHAT WE DO OUR STRATEGIC INTENT & PERFORMANCE HOWWE ARE GOVERNED CREATING SUSTAINABLE VALUE OUR NUMBERS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING Notes to the Financial Statements For The Financial Year Ended 31 December 2015 ADDRESSING OUR RISKS & OPPORTUNITIES Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 21 INTANGIBLE ASSETS (CONTINUED) Group Goodwill Brand Licenses Lease agreement Customer relationships Software Intellectual property rights Intangible assets under development Total 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) 523,904 - - - - - 25,012 26,445 575,361 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 1,229,194 104,293 800 2,223 10,402 46,656 97,926 55,822 1,547,316 Expected remaining useful lives (years) - 31 December 2014 16-25 3 12 3 2-4 9 Included in the additions of licences during the financial year is an amount of RM9,778,000 in relation to assets injected by a non-controlling interest as part of its equity contribution.