MISC BERHAD - Annual Report 2014 p 222 14. Intangible assets Group Other intangible Goodwill assets Total RM’000 RM’000 RM’000 Cost At 1 January 2013 763,002 504,463 1,267,465 Currency translation differences 47,682 – 47,682 At 31 December 2013 810,684 504,463 1,315,147 Currency translation differences 42,862 – 42,862 At 31 December 2014 853,546 504,463 1,358,009 Accumulated amortisation and impairment At 1 January 2013 2,325 398,213 400,538 Amortisation for the year (Note 5) – 13,076 13,076 At 31 December 2013 2,325 411,289 413,614 Amortisation for the year (Note 5) – 13,076 13,076 At 31 December 2014 2,325 424,365 426,690 Net carrying amount At 31 December 2013 808,359 93,174 901,533 At 31 December 2014 851,221 80,098 931,319 The other intangible assets relate to the fair value at the date of acquisition of time charter hire contracts arising from acquisition of a subsidiary, and are amortised over the remaining charter period. NOTESTOTHE FINANCIAL STATEMENTS - 31 December 2014
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