FGV Annual Report 2017

FELDA GLOBAL VENTURES HOLDINGS BERHAD FINANCIAL STATEMENTS 212 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 20 INTANGIBLE ASSETS (CONTINUED) 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 2016 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 21) 99,557 - - - - - - - - 99,557 Additions - - - - - 5,172 398 - 11,290 16,860 Amortisation charge - (3,226) (1,433) (244) (5,359) (10,650) (11,622) (741) - (33,275) Impairment charge - - (11,818) - - - - - - (11,818) Transfer to property, plant and equipment (Note 18) - - - - - (4,771) - - - (4,771) Transfer to assets held for sale - (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 - 52,122 31,766 49,403 15,148 1,576,033 Expected remaining useful lives (years) - 31 December 2016 14 - 23 1 - 17 10 - 1 - 5 7 34