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Annual Report 2016

ASIA MEDIA GROUP Berhad

99

Notes to the Financial Statements

(continued)

7.

Other intangible assets

Group

2016

2015

RM

RM

Cost

At 1 January/31 December

2,367,750 2,367,750

Accumulated amortisation

At 1 January

1,183,87

947,100

Amortised during the financial year (Note 17)

74,059

236,775

At 31 December

1,257,934 1,183,875

Accumulated impairment losses

At 1 January

887,639

Impairment losses during the financial year (Note 17)

33,031

887,639

At 31 December

920,670

887,639

Net carrying amount

189,146

296,236

Other intangible assets principally comprise licensing rights in respect of the digital live transit-

TV broadcasting.

The remaining amortisation period of the licensing rights at the end of the financial year is 4

years.

As disclosed in Note 5(b), an impairment loss of RM33,031 (2015: RM887,639) representing

the write-down of other intangible asset to the recoverable amount was recognised in profit or

loss as the carrying amount of the combined CGU was in excess than its recoverable amount..