Dagang NeXchange Berhad Annual Report 2018

5. INTANGIBLE ASSETS Software Development License in progress Software expenditure and others Total Group RM’000 RM’000 RM’000 RM’000 RM’000 Cost At 1 January 2017 3,213 15,075 315 48,106 66,709 Additions 2,776 83 - - 2,859 Adjustment (392) - - - (392) Reclassification (2,165) 2,165 - - - At 31 December 2017/1 January 2018 3,432 17,323 315 48,106 69,176 Additions 4,093 500 - 4,718 9,311 Adjustment (1,000) - - - (1,000) At 31 December 2018 6,525 17,823 315 52,824 77,487 Accumulated amortisation and impairment loss At 1 January 2017 Accumulated amortisation - 14,390 315 2,781 17,486 Accumulated impairment loss - 192 - - 192 - 14,582 315 2,781 17,678 Amortisation for the year - 783 - 6,027 6,810 At 31 December 2017/1 January 2018 Accumulated amortisation - 15,173 315 8,808 24,296 Accumulated impairment loss - 192 - - 192 - 15,365 315 8,808 24,488 Amortisation for the year - 1,495 - 9,571 11,066 Accumulated amortisation - 16,668 315 18,379 35,362 Accumulated impairment loss - 192 - - 192 At 31 December 2018 - 16,860 315 18,379 35,554 Carrying amounts At 1 January 2017 3,213 493 - 45,325 49,031 At 31 December 2017/1 January 2018 3,432 1,958 - 39,298 44,688 At 31 December 2018 6,525 963 - 34,445 41,933 130 Dagang NeXchange Berhad Annual Report 2018 Notes to the Financial Statements (CONTINUED)