Yinson Annual Report 2022

282 YINSON HOLDINGS BERHAD ACCOUNTABILITY NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2022 18. Intangible assets (continued) Computer software Trademark Total Company RM million RM million RM million Cost At 1 February 2020 17 1 18 Additions 1 - 1 At 31 January 2021 and 1 February 2021 18 1 19 Additions 1 - 1 At 31 January 2022 19 1 20 Accumulated amortisation At 1 February 2020 10 - 10 Amortisation (Note 9) 3 - 3 At 31 January 2021 and 1 February 2021 13 - 13 Amortisation (Note 9) 3 - 3 At 31 January 2022 16 - 16 Net carrying amount At 31 January 2021 5 1 6 At 31 January 2022 3 1 4 19. Investment in subsidiaries Company 2022 2021 RM million RM million Unquoted shares, at cost In Malaysia 574 569 Outside Malaysia 2,188 1,491 2,762 2,060 Accumulated impairment loss (52) (49) 2,710 2,011 During the current financial year, the Company increased its investment in Yinson Global Corporation (S) Pte. Ltd. for a total cash consideration of RM668 million. During the current financial year, the Company acquired Knock Allan Pte. Ltd. from its indirect wholly owned subsidiary for a total cash consideration of RM28 million consisting of 30,000,001 ordinary shares and 59,999,999 preference shares. During the prior financial year, the Company capitalised amount owing from subsidiaries amounting to RM1,984 million.

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