DESTINI Annual Report 2019

NOTES TO THE FINANCIAL STATEMENTS 9. Investment in Securities The quoted securities measured at fair value recurring basis and classified as level 1 of the fair value hierarchy. 10. Intangible Assets Group and Company 2019 2018 RM RM Financial assets at fair value through profit or loss Quoted securities at fair value - Quoted shares in Malaysia 430,134 1,136,660 Brand Goodwill Product technology Development costs Total RM RM RM RM RM Group 2019 At cost At 1 January 1,617,000 193,498,546 6,746,994 10,739,283 212,601,823 Additions - - - 784,557 784,557 Written off - - - (5,900,678) (5,900,678) Exchange differences - - - (145,240) (145,240) At 31 December 1,617,000 193,498,546 6,746,994 5,477,922 207,340,462 Accumulated amortisation At 1 January 431,200 - 1,927,712 4,186,014 6,544,926 Recognised in profit or loss 108,007 - 965,706 1,051,000 2,124,713 Written off - - - (1,227,968) (1,227,968) Exchange differences - - - (161,132) (161,132) At 31 December 539,207 - 2,893,418 3,847,914 7,280,539 Accumulated impairment losses At 1 January - 1,334,431 - - 1,334,431 Recognised in profit or loss 1,077,793 86,750,095 3,853,576 - 91,681,464 At 31 December 1,077,793 88,084,526 3,853,576 - 93,015,895 Carrying amount At 31 December - 105,414,020 - 1,630,008 107,044,028 FINANCIAL STATEMENTS 06 ANNUAL REPORT 2019 151