6. INTANGIBLE ASSETS (CONTINUED) Company Software in progress RM’000 Software RM’000 Total RM’000 Cost At 1 January 2020/30 June 2021/1 July 2021 – 9 9 Additions 202 19 221 At 30 June 2022 202 28 230 Accumulated amortisation At 1 January 2020/30 June 2021/1 July 2021 – 9 9 Amortisation for the year – 5 5 At 30 June 2022 – 14 14 Carrying amounts At 1 January 2020/30 June 2021 – – – At 30 June 2022 202 14 216 (a) Development and production assets consist of the rights and concessions of oil and gas licences. This represents the carrying amount of producing field licences in the Anasuria Cluster amounting to approximately RM930,391,000 (30.6.2021: RM918,659,000). Exploration and evaluation assets relate to the exploration costs incurred in the Avalon field. Additions in the financial year include the acquisition of a further 50% working interest in the Avalon field. (b) In the previous financial period, the Group carried out a review of the recoverable amounts of its software and licence as certain subsidiaries’ financial performances were making losses. An impairment loss of approximately RM18,301,000 was recognised in “other operating expenses” line item of the statements of profit or loss and other comprehensive income. 7. INVESTMENTS IN SUBSIDIARIES Company 30.6.2022 RM’000 30.6.2021 RM’000 At cost Unquoted shares 287,886 287,886 Less: Impairment loss (101,661) (101,661) 186,225 186,225 241 DNeX INTEGRATED REPORT 2022
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