FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 242 FINANCIAL REPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 21 INTANGIBLE ASSETS Group Goodwill RM'000 Brand RM'000 Licenses RM'000 Lease agreement RM'000 Customer relation- ships RM'000 Software RM'000 Intellectual property rights RM'000 Land use rights RM'000 Intangible assets under development RM'000 Total RM'000 Net book value 2016 At 1 January 1,216,424 101,081 25,125 2,475 5,622 62,370 79,976 47,091 3,858 1,544,022 Acquisition of subsidiaries (Note 22) 99,557 - - - - - - - - 99,557 Additions - - - - - 5,172 398 - 11,290 16,860 Amortisation charge - (3,226) (1,433) (244) (5,359) (19,981) (2,291) (741) - (33,275) Impairment charge - - (11,818) - - - - - - (11,818) Transfer to property, plant and equipment (Note 19) - - - - - (4,771) - - - (4,771) Transfer to assets held for sale (Note 36) - (450) - - - - (22,322) - - (22,772) Exchange differences - 29 (17) 91 (263) 1 (14,664) 3,053 - (11,770) At 31 December 2016 1,315,981 97,434 11,857 2,322 - 42,791 41,097 49,403 15,148 1,576,033 Expected remaining useful lives (years) - 31 December 2016 14-23 1-17 10 - 1-5 7 34