Sasbadi Annual Report 2020

SASBADI HOLDINGS BERHAD 96 FINANCIAL STATEMENTS (continued) 5. Intangible assets Group Goodwill Development costs Software Intellectual properties Total RM’000 RM’000 RM’000 RM’000 RM’000 Cost At 1 September 2018 10,964 2,539 123 18,545 32,171 Additions - 388 - - 388 At 31 August 2019/ 1 September 2019 10,964 2,927 123 18,545 32,559 Additions - - 15 - 15 At 31 August 2020 10,964 2,927 138 18,545 32,574 Accumulated amortisation At 1 September 2018 - 587 26 5,483 6,096 Charge for the year - 280 12 1,115 1,407 At 31 August 2019/ 1 September 2019 - 867 38 6,598 7,503 Charge for the year - 293 14 1,114 1,421 At 31 August 2020 - 1,160 52 7,712 8,924 Carrying amount At 1 September 2018 10,964 1,952 97 13,062 26,075 At 31 August 2019/ 1 September 2019 10,964 2,060 85 11,947 25,056 At 31 August 2020 10,964 1,767 86 10,833 23,650 Note 5.1 Note 5.2 5.1 Goodwill Subsumed within goodwill are the brand names and the synergies expected to be achieved from integrating Sanjung Unggul Sdn. Bhd. (“Sanjung Unggul”) and its subsidiaries (“Sanjung Unggul Group”), Distinct Motion Sdn. Bhd. and its subsidiary (“Distinct Motion Group”) and Pinko Creative Sdn. Bhd. (“Pinko Creative”) into the Group’s existing publishing and applied learning products business.