TAN CHONG MOTOR HOLDINGS BERHAD
Annual Report 2014
77
NOTES TO THE FINANCIAL STATEMENTS
5.
Prepaid lease payments (continued)
Group
2014
2013
RM’000
RM’000
Amortisation
At 1 January
2,061
1,076
Amortisation for the year
1,638
884
Effects of movement in exchange rates
218
101
At 31 December
3,917
2,061
Carrying amount
At 1 January
24,270
16,535
At 31 December
44,524
24,270
6.
Intangible assets
Note
Group
2014
2013
RM’000
RM’000
Goodwill
Cost
At 1 January
14,592
13,944
Acquisition of subsidiary
36
-
648
At 31 December
14,592
14,592
Impairment testing for cash-generating unit containing goodwill
For the purpose of impairment testing, goodwill is allocated to the Group’s operating divisions which represent the
lowest level within the Group at which the goodwill is monitored for internal management purposes.
The aggregate carrying amounts of goodwill allocated to each unit are as follows:
Group
2014
2013
RM’000
RM’000
(i) Malaysia property
648
648
(ii) Vietnam vehicles distribution network
13,944
13,944
14,592
14,592
