Wah Seong Corporation Berhad Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 FINANCIAL STATEMENTS WAH SEONG CORPORATION BERHAD ANNUAL REPORT 2017 146 13 GOODWILL AND OTHER INTANGIBLE ASSETS Group Note Goodwill RM’000 Trademark RM’000 Technical know-how RM’000 Intellectual property RM’000 Total RM’000 2017 Cost At 1 January 155,089 192 112 4,391 159,784 Additions - 25 - - 25 Written off - - - (455) (455) Effect of exchange rate changes (11,897) (19) - (136) (12,052) At 31 December 143,192 198 112 3,800 147,302 Accumulated amortisation and impairment loss At 1 January - - 112 4,391 4,503 Written off - - - (455) (455) Effect of exchange rate changes - - - (136) (136) At 31 December - - 112 3,800 3,912 Carrying amount at 31 December 143,192 198 - - 143,390 2016 Cost At 1 January 150,307 142 112 4,466 155,027 Additions - 40 - - 40 Effect of exchange rate changes 4,782 10 - (75) 4,717 At 31 December 155,089 192 112 4,391 159,784 Accumulated amortisation and impairment loss At 1 January - - 112 4,466 4,578 Effect of exchange rate changes - - - (75) (75) At 31 December - - 112 4,391 4,503 Carrying amount at 31 December 155,089 192 - - 155,281