GHL System Berhad Annual Report 2018

G H L S y s t e m S B e r h a d ( 2 9 3 0 4 0 - D ) 96 NOT ES TO THE F I NANC I A L STAT EMENTS 3 1 D e c e m b e r 2 0 1 8 C O N T ’ D 13. INTANGIBLE ASSETS (cont’d) Company Balance as at 1.1.2018 Additions Amortisation charge for the financial year Balance as at 31.12.2018 RM RM RM RM Carrying amount Completed development costs 88,461 - (14,741) 73,720 Development-in-progress 92,987 21,230 - 114,217 181,448 21,230 (14,741) 187,937 As at 31.12.2018 Cost Accumulated amortisation Carrying amount Company RM RM RM Completed development costs 13,047,410 (12,973,690) 73,720 Development-in-progress 114,217 - 114,217 13,161,627 (12,973,690) 187,937 Company Balance as at 1.1.2017 Additions Amortisation charge for the financial year Balance as at 31.12.2017 RM RM RM RM Carrying amount Completed development costs 175,694 - (87,233) 88,461 Development-in-progress 64,996 27,991 - 92,987 240,690 27,991 (87,233) 181,448 As at 31.12.2017 Cost Accumulated amortisation Carrying amount Company RM RM RM Completed development costs 13,047,410 (12,958,949) 88,461 Development-in-progress 92,987 - 92,987 13,140,397 (12,958,949) 181,448