NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 CONT’D 14. INTANGIBLE ASSETS (Cont’d) As at 31.12.2023 Group Cost Accumulated amortisation Carrying amount RM RM RM Completed development costs 15,919,048 (15,188,557) 730,491 Group 2022 Balance as at 1.1.2022 Amortisation charge for the financial year Balance as at 31.12.2022 RM RM RM Carrying amount Completed development costs 904,066 (264,671) 639,395 As at 31.12.2022 Group Cost Accumulated amortisation Carrying amount RM RM RM Completed development costs 15,546,711 (14,907,316) 639,395 Company 2023 Balance as at 1.1.2023 Amortisation charge for the financial year Balance as at 31.12.2023 RM RM RM Carrying amount Completed development costs 83,797 (26,248) 57,549 As at 31.12.2023 Company Cost Accumulated amortisation Carrying amount RM RM RM Completed development costs 13,162,478 (13,104,929) 57,549 117 ANNUAL REPORT 2023
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