KENANGA ANNUAL REPORT 2017

18. INTANGIBLE ASSETS Note Group Bank 2017 RM'000 2016 RM'000 2017 RM'000 2016 RM'000 Total intangible assets Goodwill (a) 208,754 208,754 252,909 252,909 Merchant banking licence (b) 52,500 52,500 52,500 52,500 Fund management contracts (c) 4,169 4,169 – – Computer software (d) 575 1,083 – – Trading and clearing rights for derivatives broking (e) 416 416 – – At end of the financial year 266,414 266,922 305,409 305,409 (a) Goodwill Cost At beginning of the financial year 244,521 244,521 288,676 288,676 Accumulated impairment loss – at beginning/end of the financial year (35,767) (35,767) (35,767) (35,767) At end of the financial year 208,754 208,754 252,909 252,909 (b) Merchant banking licence Cost At beginning/end of the financial year 52,500 52,500 52,500 52,500 (c) Fund management contracts Cost At beginning/end of the financial year 4,169 4,169 – – (d) Computer software Cost At beginning of the financial year 5,717 4,659 2,281 1,920 Additions 200 1,061 – – Addition due to merger – – – 361 Disposals/write-off (1,058) (3) – – At end of the financial year 4,859 5,717 2,281 2,281 Annual Report 2017 31 December 2017 141 notes to the financial statements