FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 227 01 02 05 03 07 06 04 08 09 ANNUAL INTEGRATED REPORT 2018 EXAMINED OUR NUMBERS 21 INTANGIBLE ASSETS Group Goodwill RM’000 Brand RM’000 Licenses RM’000 Lease agreement RM’000 Software RM’000 Land use rights RM’000 Intangible assets under development RM’000 Total RM’000 Net book value 2018 At 1 January 2018 1,315,981 94,208 11,857 1,856 56,618 45,627 10,421 1,536,568 Additions - - - - 6,457 138 10,678 17,273 Reclassification - (4,271) (993) - 12,109 - (6,845) - Amortisation charge - (4,650) - (238) (21,766) (741) - (27,395) Impairment charge (512,946) - (10,864) - - - (2,815) (526,625) Write offs - - - - (2,784) - - (2,784) Exchange differences - - - 35 - (1,051) - (1,016) At 31 December 2018 803,035 85,287 - 1,653 50,634 43,973 11,439 996,021 Expected remaining useful lives (years) - 31 December 2018 12 - 19 - 8 1-5 32