Financial Statements Notes to the Financial Statements 6. GOODWILL ON CONSOLIDATION AND INTANGIBLE ASSETS (continued) Brand names Hospital licences Customer relationships Other intangibles* Total intangible assets Goodwill on consolidation Total intangible assets and goodwill Group RM’mil RM’mil RM’mil RM’mil RM’mil RM’mil RM’mil Accumulated amortisation and impairment losses At 1 January 2023 – – 397 333 730 729 1,459 Amortisation charge for the year – – 5 43 48 – 48 Disposal of subsidiaries – – – – – (16) (16) Disposal – – – (1) (1) – (1) Hyperinflationary adjustments – – 21 (2) 19 – 19 Translation differences – – 3 19 22 28 50 At 31 December 2023/ 1 January 2024 – – 426 392 818 741 1,559 Amortisation charge for the year – – 5 48 53 – 53 Disposal – – – (8) (8) – (8) Write off – – – – – (6) (6) Hyperinflationary adjustments – – 37 29 66 – 66 Translation differences – – (12) (15) (27) (43) (70) Translation adjustments^ – – 42 – 42 – 42 At 31 December 2024 – – 498 446 944 692 1,636 Net carrying amount At 1 January 2023 1,970 332 52 384 2,738 13,209 15,947 At 31 December 2023/ 1 January 2024 2,029 424 49 461 2,963 14,296 17,259 At 31 December 2024 2,646 446 48 471 3,611 16,302 19,913 * Other intangibles include capitalised development costs and brand use rights. ^ Arises from the application of functional currencies to translate certain acquired assets in prior years. IHH Healthcare Berhad | Annual Report 2024 152
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