Press Metal Aluminium Holdings Berhad SECTION 6 • FINANCIAL STATEMENTS 262 Notes to the Financial Statements 6. INTANGIBLE ASSETS Group Goodwill RM’000 Others RM’000 Total RM’000 Cost At 1 January 2023 70,796 650 71,446 Effect of movements in exchange rates 314 32 346 At 31 December 2023/1 January 2024 71,110 682 71,792 Effect of movements in exchange rates (498) (76) (574) At 31 December 2024 70,612 606 71,218 Amortisation and impairment loss At 1 January 2023 Accumulated amortisation - 408 408 Accumulated impairment loss 4,131 - 4,131 4,131 408 4,539 Amortisation for the year - 116 116 Effect of movements in exchange rates - 26 26 At 31 December 2023/1 January 2024 Accumulated amortisation - 550 550 Accumulated impairment loss 4,131 - 4,131 4,131 550 4,681 Amortisation for the year - 100 100 Effect of movements in exchange rates (68) (68) At 31 December 2024 Accumulated amortisation - 582 582 Accumulated impairment loss 4,131 - 4,131 4,131 582 4,713 Carrying amounts At 1 January 2023 66,665 242 66,907 At 31 December 2023/1 January 2024 66,979 132 67,111 At 31 December 2024 66,481 24 66,505
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