Dagang NeXchange Berhad Annual Report 2019

FINANCIAL STATEMENTS annual report 2019 135 5. GOODWILL Group 2019 2018 RM’000 RM’000 Cost 1 January 63,820 49,740 Acquisitions through business combinations - 15,716 Disposal of a subsidiary - (1,636) 31 December 63,820 63,820 Accumulated impairment loss 1 January 3,600 - Impairment loss - 3,600 31 December 3,600 3,600 Carrying amounts 1 January 60,220 49,740 31 December 60,220 60,220 (a) The carrying amounts of goodwill allocated to each cash-generating unit are as follows: Group 2019 2018 RM’000 RM’000 OGPC Sdn. Bhd. and OGPC O & G Sdn. Bhd. (“OGPC Group”) 44,504 44,504 Genaxis Group Sdn. Bhd. and Innovation Associates Consulting Sdn. Bhd. (“Genaxis Group”) 15,716 15,716 60,220 60,220