PRG Holdings Berhad Annual Report 2020

31 December 2020 cont’d Annual Report 2020 111 10. INTANGIBLE ASSETS (continued) Customers Computer Goodwill relationship software License Total Group RM’000 RM’000 RM’000 RM’000 RM’000 Accumulated amortisation At 1 January 2019 - - 516 - 516 Amortisation charge for the financial year - 422 73 - 495 Reclassification to assets held for sale (Note 28) - - (194) - (194) Translation adjustments - (9) (3) - (12) At 31 December 2019/1 January 2020 - 413 392 - 805 Amortisation charge for the financial year - 855 23 - 878 Translation adjustments - 27 - - 27 At 31 December 2020 - 1,295 415 - 1,710 Accumulated impairment loss At 1 January 2019 691 - - - 691 Impairment loss for the financial year 34,564 - - - 34,564 Translation adjustments (776) - - - (776) At 1 January 2020 34,479 - - - 34,479 Impairment loss for the financial year 16,310 - - - 16,310 Translation adjustments 1,742 - - - 1,742 At 31 December 2020 52,531 - - - 52,531 Carrying amount At 31 December 2019 27,980 4,943 51 - 32,974 At 31 December 2020 13,397 4,314 35 1,669 19,415 The carrying amount of goodwill arising from the acquisition of the respective subsidiaries and allocated to the Group’s CGU based on the geographical location is as follows: Group 2020 2019 RM’000 RM’000 Malaysia 1,233 1,233 China 11,550 26,747 Hong Kong 614 - 13,397 27,980 Notes to the Financial Statements