Yinson Integrated Annual Report 2024

ACCOUNTABILITY | FINANCIAL STATEMENTS 253 NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 January 2024 18. INTANGIBLE ASSETS Group Computer software RM million Contract rights(i) RM million Trademark(ii) RM million Total RM million Cost At 1 February 2022 45 390 1 436 Additions 3 - 1 4 Exchange differences 1 5 - 6 At 31 January 2023 and 1 February 2023 49 395 2 446 Additions 6 - 6 12 Exchange differences 2 46 - 48 At 31 January 2024 57 441 8 506 Accumulated amortisation At 1 February 2022 33 106 - 139 Amortisation (Note 7 & Note 9) 5 52 - 57 Exchange differences - (1) - (1) At 31 January 2023 and 1 February 2023 38 157 - 195 Amortisation (Note 7 & Note 9) 6 53 1 60 Exchange differences 2 20 - 22 At 31 January 2024 46 230 1 277 Net carrying amount At 31 January 2023 11 238 2 251 At 31 January 2024 11 211 7 229 (i) Contract rights recognised pursuant to the consideration paid for the novation of a charter contract involving provision of EPCIC and leasing of FPSO Helang. (ii) Included in additions during the current financial year is non-cash addition of RM5 million.

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