MKH Annual Report 2017

11. INTANGIBLE ASSETS The Group 2017 2016 RM RM Goodwill (Note 11.1) 5,548,038 5,635,867 Other intangible asset (Note 11.2) 16,466,647 9,000,539 Net carrying amount 22,014,685 14,636,406 11.1 Goodwill The Group 2017 2016 RM RM Goodwill on acquisition - At cost At beginning of year 5,740,095 5,459,041 Effect of movements in exchange rate (87,829) 281,054 At end of year 5,652,266 5,740,095 Accumulated impairment loss At beginning and end of year (104,228) (104,228) Net carrying amount 5,548,038 5,635,867 Impairment test of goodwill Goodwill on acquisition is allocated to the Group’s cash-generating units (“CGUs”), business segments as follows: The Group 2017 2016 RM RM Plantation 5,515,669 5,603,498 Property development 32,369 32,369 5,548,038 5,635,867 The goodwill allocated to property development segment is not significant in comparison with the Group’s total carrying amount of goodwill. Notes to the Financial Statements For the Financial Year ended 30 September 2017 133 MKH Berhad • Annual Report 2017