7 FINANCIAL STATEMENTS 319 17. INTANGIBLE ASSETS Group Goodwill RM’000 (Note a) Customer contracts RM’000 (Note b) Customer relationships RM’000 (Note b) Software and other development cost RM’000 (Note c) Total RM’000 Cost At 1 January 2024 587,590 35,328 198,434 104,998 926,350 Additions - - - 3,399 3,399 Acquisition of subsidiaries (Note 47(h)) 70,846 9,809 6,819 - 87,474 Written off - - - (1,853) (1,853) Exchange difference (25,480) (564) (10,851) (419) (37,314) At 31 December 2024 632,956 44,573 194,402 106,125 978,056 Additions# - - - 3,030 3,030 Exchange difference (21,219) (976) (7,807) 201 (29,801) At 31 December 2025 611,737 43,597 186,595 109,356 951,285 Accumulated amortisation and impairment loss At 1 January 2024 - 17,132 140,850 57,958 215,940 Amortisation during the year (Note 7) - 8,283 20,741 7,932 36,956 Written off - - - (608) (608) Exchange difference - 17 (8,052) (380) (8,415) At 31 December 2024 - 25,432 153,539 64,902 243,873 Amortisation during the year (Note 7) - 3,474 19,966 8,041 31,481 Impairment for the year (Note 7)* 151,120 - - 3,417 154,537 Exchange difference - 213 (7,556) 111 (7,232) At 31 December 2025 151,120 29,119 165,949 76,471 422,659 Net carrying amount At 31 December 2025 460,617 14,478 20,646 32,885 528,626 At 31 December 2024 632,956 19,141 40,863 41,223 734,183 * Refer to Note 17(a) for further details on the impairment losses recognised during the year. # Additions consist of cash additions of RM1,142,000 and payables of RM1,888,000.
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