DESTINI Annual Report 2020

9. Investment in Securities The quoted securities measured at fair value recurring basis and classified as level 1 of the fair value hierarchy by reference to quoted price at active market. 10. Intangible Assets Group and Company 2020 2019 RM RM Financial assets at fair value through profit or loss Quoted securities at fair value -Quoted shares in Malaysia 3,436,456 430,134 Software Brand Goodwill Product technology Development costs Total RM RM RM RM RM RM Group 2020 At cost At 1 January - 1,617,000 193,498,546 6,746,994 5,477,922 207,340,462 Additions 326,179 - - - - 326,179 Exchange differences - - - (327,369) (265,791) (593,160) At 31 December 326,179 1,617,000 193,498,546 6,419,625 5,212,131 207,073,481 Accumulated amortisation At 1 January - 539,207 - 2,893,418 3,847,914 7,280,539 Recognised in profit or loss 32,618 - - 591,012 1,068,289 1,691,919 Exchange differences - - - (1,147,064) (1,192,674) (2,339,738) At 31 December 32,618 539,207 - 2,337,366 3,723,529 6,632,720 Accumulated impairment losses At 1 January - 1,077,793 88,084,526 3,853,576 - 93,015,895 Recognised in profit or loss - - 38,255,132 - - 38,255,132 Reversal during the financial year - - - (3,503,636) - (3,503,636) Exchange differences - - - 822,750 - 822,750 At 31 December - 1,077,793 126,339,658 1,172,690 - 128,590,141 Carrying amount At 31 December 293,561 - 67,158,888 2,909,569 1,488,602 71,850,620 ANNUAL REPORT 2020 DESTINI BERHAD Notes to Financial Statements 145