Dagang NeXchange Berhad Annual Report 2023

6. INTANGIBLE ASSETS (CONTINUED) Group Software in progress RM’000 Software RM’000 Development expenditure RM’000 Licence and others RM’000 Development and production assets RM’000 Exploration and evaluation assets RM’000 Total RM’000 Accumulated amortisation and impairment loss At 1 July 2021 Accumulated amortisation – 22,349 315 38,872 152,391 – 213,927 Accumulated impairment loss – 9,259 – 9,234 – – 18,493 – 31,608 315 48,106 152,391 – 232,420 Amortisation for the year – 2,081 – – 27,066 – 29,147 Foreign currency translation – – – – 10,134 – 10,134 Accumulated amortisation – 24,430 315 38,872 189,591 – 253,208 Accumulated impairment loss – 9,259 – 9,234 – – 18,493 At 30 June 2022/1 July 2022 – 33,689 315 48,106 189,591 – 271,701 Amortisation for the period – 2,077 – – 47,743 – 49,820 Foreign currency translation – – – – 7,676 – 7,676 Accumulated amortisation – 26,507 315 38,872 245,010 – 310,704 Accumulated impairment loss – 9,259 – 9,234 – – 18,493 At 31 December 2023 – 35,766 315 48,106 245,010 – 329,197 Carrying amounts At 1 July 2021 1,028 3,427 – – 918,659 55,874 978,988 At 30 June 2022 1,112 2,146 – – 930,391 94,947 1,028,596 At 31 December 2023 788 1,897 – – 910,875 248,758 1,162,318 Integrated Report 2023 231

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