124 FINANCIAL STATEMENTS & OTHERS ENRA GROUP BERHAD ANNUAL REPORT 2023 Notes To The Financial Statements 31 March 2023 (Cont’d) 7. INTANGIBLE ASSETS Group Trademark Goodwill Customer and trade (Note 8) relationship names Total RM’000 RM’000 RM’000 RM’000 Carrying amount At 1 April 2022/At 31 March 2023 400 - - 400 Impairment loss for the financial year (400) - - (400) At 31 March 2023 - - - - At 31 March 2023 Cost 8,936 - - 8,936 Accumulated amortisation - - - - Accumulated impairment (8,936) - - (8,936) Carrying amount - - - - Carrying amount At 1 April 2021 4,404 2,126 1,582 8,112 Amortisation charge for the financial year - (199) - (199) Disposal of subsidiary (Note 6) (4,004) (1,927) (1,582) (7,513) At 31 March 2022 400 - - 400 At 31 March 2022 Cost 8,936 - - 8,936 Accumulated amortisation - - - - Accumulated impairment (8,536) - - (8,536) Carrying amount 400 - - 400 Intangible assets are initially measured at cost. After initial recognition, intangible assets, excluding goodwill and trademark and trade names are carried at cost less accumulated amortisation and any accumulated impairment losses, if any. The useful lives of intangible assets are assessed to be either finite or indefinite. Intangible assets with finite lives are assessed for any indication that the asset may be impaired and are amortised on a straight line basis over their estimated economic useful lives, not exceeding ten (10) years. Intangible assets that have an indefinite useful life are tested annually for impairment or more frequently if events or changes in circumstances indicate that the intangible asset might be impaired.
RkJQdWJsaXNoZXIy NDgzMzc=