Asia Media Annual Report 2018

92 | P a g e 4. OTHER INTANGIBLE ASSETS Other intangible assets principally comprise licensing rights in respect of the digital live transit-TV broadcasting. Based on the current Board of Directors’ assessment, the recoverable amount of other intangible assets is less than its carrying amount. Therefore, the Group has written off the other intangible assets amounted to RM63,061/-. 5. DEVELOPMENT COSTS 2018 2017 RM RM Cost At 1 January 2,367,750 2,367,750 Written off (2,367,750) - At 31 December - 2,367,750 Accumulated amortisation At 1 January 1,320,976 1,257,934 Amortisation charge during the financial year 63,043 63,042 Written off (1,384,019) - At 31 December - 1,320,976 Accumulated impairment losses At 1 January 920,670 920,670 Written off (920,670) - At 31 December - 920,670 Carrying amounts At 31 December - 126,104 Group 2018 2017 RM RM Cost At 1 January 141,937 141,937 Written off (141,937) - At 31 December - 141,937 Accumulated amortisation At 1 January 141,934 141,655 Amortisation charge during the financial year - 279 Written off (141,934) - At 31 December - 141,934 Carrying amounts At 31 December - 3 Group