2020 UEM Edgenta Annual Report

15. INTANGIBLE ASSETS Group RM’000 Goodwill Note a Customer contracts Note b Customer relationships Note b Software and other development cost Note c Software-in- progress Total Cost At 1 January 2019 534,075 33,996 173,582 51,669 12,186 805,508 Additions – – – 1,296 23,766 25,062 Written off – – – (53) – (53) Exchange difference 643 – 313 1 – 957 At 31 December 2019 534,718 33,996 173,895 52,913 35,952 831,474 Additions – – – 6,706 3,590 10,296 Written off (119) (119) Transfer – – – 39,188 (39,188) – Exchange difference (180) – (88) (3) – (271) At 31 December 2020 534,538 33,996 173,807 98,685 354 841,380 Accumulated amortisation and impairment At 1 January 2019 – 6,031 37,205 30,345 – 73,581 Amortisation during the year (Note 7) – 2,193 18,086 3,278 – 23,557 Written off – – – (49) – (49) Exchange difference – – 77 4 – 81 At 31 December 2019 – 8,224 55,368 33,578 – 97,170 Amortisation during the year (Note 7) – 2,193 18,147 5,695 – 26,035 Written off – – – (115) – (115) Exchange difference – – (81) 22 – (59) At 31 December 2020 – 10,417 73,434 39,180 – 123,031 Net carrying amount At 31 December 2020 534,538 23,579 100,373 59,505 354 718,349 At 31 December 2019 534,718 25,772 118,527 19,335 35,952 734,304 ANNUAL REPORT 2020 241 1 2 3 4 5 6 7 8