KENANGA ANNUAL REPORT 2019

205 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 17. INTANGIBLE ASSETS (CONT’D.) Group Bank 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 (d) Computer software (cont’d.) Accumulated amortisation At beginning of the financial year 4,497 4,284 2,281 2,281 Transfer from property, plant and equipment 19,534 - 19,534 - Acquisition of subsidiary 1,570 - - - Amortisation (Note 33) 4,305 213 4,030 - At end of the financial year 29,906 4,497 25,845 2,281 Net carrying amount 16,548 383 15,303 - (e) Trading and clearing rights for derivatives broking Cost At beginning/end of the financial year 416 416 - - (f) Impairment test on intangible assets The intangible assets consist of: Goodwill Goodwill has been allocated to the following CGUs: Group 2019 RM’000 2018 RM’000 Stockbroking 147,459 147,459 Investment banking* 55,651 37,101 Treasury* - 18,550 Investment management 40,644 5,644 243,754 208,754 * In order to better align with the business segment of the KIBB Group, the Group’s former treasury CGU have been merged into one single investment banking CGU during the financial year .