Fraser & Neave Holdings Bhd Annual Report 2021

6. PROPERTIES HELD FOR DEVELOPMENT Group 2021 RM’000 2020 RM’000 At cost At 1 October 2020/2019 54,958 56,047 Property development cost written o! (25) (1,089) As at 30 September 54,933 54,958 Properties held for development comprise: – Freehold land 49,783 49,783 – Development costs 5,150 5,175 54,933 54,958 7. INTANGIBLE ASSETS Group Note Goodwill RM’000 Brand RM’000 Computer software RM’000 Total RM’000 COST At 1 October 2019 45,929 75,370 28,970 150,269 Additions – – 1,796 1,796 Transfer from property, plant and equipment 3 – – 648 648 Disposals – (75,370) – (75,370) At 30 September 2020/1 October 2020 45,929 – 31,414 77,343 Additions – – 2,162 2,162 Acquisition through business combination 8 27,042 15,102 – 42,144 Transfer from property, plant and equipment 3 – – 176 176 At 30 September 2021 72,971 15,102 33,752 121,825 ACCUMULATED AMORTISATION AND IMPAIRMENT LOSS At 1 October 2019 Accumulated amortisation – – (24,231) (24,231) Accumulated impairment loss (5,392) – – (5,392) (5,392) – (24,231) (29,623) Amortisation for the year 25 – – (1,799) (1,799) At 30 September 2020/1 October 2020 Accumulated amortisation – – (26,030) (26,030) Accumulated impairment loss (5,392) – – (5,392) (5,392) – (26,030) (31,422) Amortisation for the year 25 – – (2,084) (2,084) At 30 September 2021 Accumulated amortisation – – (28,114) (28,114) Accumulated impairment loss (5,392) – – (5,392) (5,392) – (28,114) (33,506) 198 NOTES TO THE F INANCIAL STATEMENTS