NOTES TO THE FINANCIAL STATEMENTS For the Financial Year Ended 31 December 2023 (cont’d) 6. DEVELOPMENT COSTS (CONT’D) Development costs Intangible assets under development Total RM’000 RM’000 RM’000 Group (cont’d) Accumulated amortisation At 1 January 2022 46,957 - 46,957 Charge for the financial year 27,053 - 27,053 At 31 December 2022 74,010 - 74,010 Charge for the financial year 25,103 - 25,103 Foreign translation differences # - # At 31 December 2023 99,113 - 99,113 Carrying amount At 31 December 2023 960,033 246,016 1,206,049 At 31 December 2022 615,417 147,261 762,678 Company Cost At 1 January 2022 86,482 - 86,482 Additions 42,542 - 42,542 At 31 December 2022 129,024 - 129,024 Additions 103,388 - 103,388 At 31 December 2023 232,412 - 232,412 Accumulated amortisation At 1 January 2022 20,267 - 20,267 Charge for the financial year 8,000 - 8,000 At 31 December 2022 28,267 - 28,267 Charge for the financial year 8,550 - 8,550 At 31 December 2023 36,817 - 36,817 Carrying amount At 31 December 2023 195,595 - 195,595 At 31 December 2022 100,757 - 100,757 # - represents an amount less than RM1,000 200 MY E.G. SERVICES BERHAD Registration No. 200001003034 (505639-K) O COS S (CO )
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