MKH Annual Report 2018

135 MKH Berhad Annual Report 2018 11. INTANGIBLE ASSETS The Group 2018 2017 RM RM Goodwill (Note 11.1) 4,915,669 5,548,038 Other intangible asset (Note 11.2) 21,438,080 16,466,647 Net carrying amount 26,353,749 22,014,685 11.1 Goodwill The Group 2018 2017 RM RM Goodwill on acquisition - At cost At beginning of year 5,652,266 5,740,095 E ect of movements in exchange rate (632,369) (87,829) At end of year 5,019,897 5,652,266 Accumulated impairment loss At beginning and end of year (104,228) (104,228) Net carrying amount 4,915,669 5,548,038 Impairment test of goodwill Goodwill on acquisition is allocated to the Group’s cash-generating units (“CGUs”), business segments as follows: The Group 2018 2017 RM RM Plantation 4,883,300 5,515,669 Property development 32,369 32,369 4,915,669 5,548,038 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 2018