154 Annual Report 2021 12. INTANGIBLE ASSETS The Group 2021 2020 RM RM Goodwill (Note 12.1) 5,179,156 4,933,234 Other intangible asset (Note 12.2) 54,893,674 45,735,470 Net Carrying Amount 60,072,830 50,668,704 12.1 Goodwill The Group 2021 2020 RM RM Goodwill on acquisition - At cost At beginning of year 5,037,462 5,318,516 Effect of movements in exchange rate 245,922 (281,054) At end of year 5,283,384 5,037,462 Accumulated impairment loss At beginning and end of year (104,228) (104,228) Net Carrying Amount 5,179,156 4,933,234 Impairment test of goodwill G oodwill on acquisition is allocated to the Group’s cash-generating units (“CGUs”), business segments as follows: The Group 2021 2020 RM RM Plantation 5,146,787 4,900,865 Property development 32,369 32,369 5,179,156 4,933,234 T he 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 2021
RkJQdWJsaXNoZXIy NDgzMzc=