7. INTANGIBLE ASSETS Development Intellectual Group Goodwill costs Software properties Total RM9000 RM9000 RM9000 RM9000 RM9000 Cost Balance as at 1 September 2022 10,964 2,927 152 18,545 32,588 Written-off (533) - (15) - (548) Balance as at 31 August 2023/ 1 September 2023 31 August 2024 10,431 2,927 137 18,545 32,040 Accumulated amortisation and impairment loss Balance as at 1 September 2022 533 1,745 82 9,941 12,301 Charge for the financial year - 293 14 1,115 1,422 Written-off (533) - (3) - (536) Balance as at 31 August 2023/ 1 September 2023 - 2,038 93 11,056 13,187 Charge for the financial year - 292 14 1,114 1,420 Balance as at 31 August 2024 - 2,330 107 12,170 14,607 Carrying amount Balance as at 31 August 2023 10,431 889 44 7,489 18,853 Balance as at 31 August 2024 10,431 597 30 6,375 17,433 (a) Intangible assets are initially measured at cost. After initial recognition, intangible assets, excluding goodwill, are carried at cost less any accumulated amortisation and any accumulated impairment losses. Goodwill is recognised in a business combination as an asset at the acquisition date and is initially measured at cost. After initial recognition, goodwill is measured at cost less accumulated impairment losses. (b) 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 Group9s existing publishing and applied learning products business. Responsible Corpor-|; bঞ;mv_br Integrity & Honesty Accountable P-u|m;uv_br Excellence & Inno-ঞom Financial Statements (continued) 105
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