FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 211 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 20 INTANGIBLE ASSETS Group Goodwill RM’000 Brand RM’000 Licenses RM’000 Lease agreement RM’000 Software RM’000 Intellectual property rights RM’000 Land use rights RM’000 Intangible assetsunder development RM’000 Total RM'000 Net book value 2017 At 1 January 2017 1,315,981 97,434 11,857 2,322 52,122 31,766 49,403 15,148 1,576,033 Additions - - - - 13,199 - - 3,155 16,354 Reclassification - - - - 10,180 (2,298) - (7,882) - Amortisation charge - (3,226) - (199) (18,559) - (741) - (22,725) Transfer to property, plant and equipment (Note 18) - - - - (324) - - - (324) Transfer to asset held for sale - - - - - (28,471) - - (28,471) Exchange differences - - - (267) - (997) (3,035) - (4,299) At 31 December 2017 1,315,981 94,208 11,857 1,856 56,618 - 45,627 10,421 1,536,568 Expected remaining useful lives (years) - 31 December 2017 13 - 22 1 - 16 9 1 - 5 - 33