Financial Statements Notes to the Financial Statements 6. GOODWILL ON CONSOLIDATION AND INTANGIBLE ASSETS Brand names Hospital licences Customer relationships Other intangibles* Total intangible assets Goodwill on consolidation Total intangible assets and goodwill Group Note RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Cost At 1 January 2022 1,778,344 263,178 391,246 558,956 2,991,724 13,260,026 16,251,750 Acquisitions through business combinations – – – 4,865 4,865 50,332 55,197 Additions – – – 81,670 81,670 – 81,670 Disposals – – – (4,646) (4,646) – (4,646) Transfer from property, plant and equipment 3 – – – 41,188 41,188 – 41,188 Transfer to assets classified as held for sale 16 – – – (6,715) (6,715) (224,976) (231,691) Hyperinflationary adjustments 187,413 47,393 63,111 40,617 338,534 458,895 797,429 Translation differences 4,183 21,202 (5,178) 721 20,928 394,460 415,388 At 31 December 2022/ 1 January 2023 1,969,940 331,773 449,179 716,656 3,467,548 13,938,737 17,406,285 Acquisitions through business combinations – 61,486 – 32,438 93,924 83,058 176,982 Disposal of subsidiaries – – – – – (15,815) (15,815) Additions – – – 67,998 67,998 – 67,998 Disposals – – – (3,269) (3,269) – (3,269) Hyperinflationary adjustments 51,329 (6,887) 21,248 (9,528) 56,162 123,113 179,275 Translation differences 7,353 37,271 4,338 49,397 98,359 908,334 1,006,693 At 31 December 2023 2,028,622 423,643 474,765 853,692 3,780,722 15,037,427 18,818,149 * Other intangibles include capitalised development costs and brand use rights. IHH Healthcare Berhad 164
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