19 INTANGIBLE ASSETS Group Company Net book value Goodwill Brand Software Total Software RM’000 RM’000 RM’000 RM’000 RM’000 2021 As at 1 January 2021 576,240 86,033 14,555 676,828 8,107 Additions - - 1,763 1,763 326 Disposal of a subsidiary - - (1,278) (1,278) - As at 31 December 2021 576,240 86,033 15,040 677,313 8,433 Accumulated amortisation As at 1 January 2021 - 37,978 13,559 51,537 5,893 Charge for the financial year - 3,226 1,464 4,690 1,424 Disposal of a subsidiary - - (1,099) (1,099) - As at 31 December 2021 - 41,204 13,924 55,128 7,317 Accumulated Impairment As at 1 January 2021 - - 179 179 - Disposal of a subsidiary - - (179) (179) - As at 31 December 2021 - - - - - Net Book Value As at 31 December 2021 576,240 44,829 1,116 622,185 1,116 2020 As at 1 January 2020 576,240 86,033 14,493 676,766 8,080 Additions - - 596 596 561 Write-offs - - (534) (534) (534) As at 31 December 2020 576,240 86,033 14,555 676,828 8,107 Accumulated amortisation As at 1 January 2020 - 34,752 11,076 45,828 4,419 Charge for the financial year - 3,226 2,483 5,709 1,474 As at 31 December 2020 - 37,978 13,559 51,537 5,893 Accumulated Impairment As at 31 December 2020 - - 179 179 - Net Book Value As at 31 December 2020 576,240 48,055 817 625,112 2,214 NOTESTOTHE FINANCIAL STATEMENTS FORTHE FINANCIALYEAR ENDED 31 DECEMBER 2021 WHO WE ARE STATEMENT & DISCUSSION BY OUR LEADERS HOWWE OPERATE MSM Malaysia Holdings Berhad ANNUAL INTEGRATED REPORT 2021 336
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