NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2022 (cont’d) FINANCIAL STATEMENTS 7. Development costS Development costs Intangible assets under development Total RM’000 RM’000 RM’000 Group Cost At 1 January 2021 196,084 - 196,084 Addition 243,388 - 243,388 Disposal (70,000) - (70,000) At 31 December 2021 369,472 - 369,472 Addition 319,955 147,261 467,216 At 31 December 2022 689,427 147,261 836,688 Accumulated amortisation At 1 January 2021 24,826 - 24,826 Charge for the financial year 22,131 - 22,131 At 31 December 2021 46,957 - 46,957 Charge for the financial year 27,053 - 27,053 At 31 December 2022 74,010 - 74,010 Carrying amount At 31 December 2022 615,417 147,261 762,678 At 31 December 2021 322,515 - 322,515 Development costs Total RM’000 RM’000 Company Cost At 1 January 2021 104,977 104,977 Addition 51,505 51,505 Disposal (70,000) (70,000) At 31 December 2021 86,482 86,482 Addition 42,542 42,542 At 31 December 2022 129,024 129,024 Accumulated amortisation At 1 January 2021 12,136 12,136 Charge for the financial year 8,131 8,131 At 31 December 2021 20,267 20,267 Charge for the financial year 8,000 8,000 At 31 December 2022 28,267 28,267 Carrying amount At 31 December 2022 100,757 100,757 At 31 December 2021 66,215 66,215 191
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