Page 257 - Bank-Muamalat_Annual-Report-2023
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ANNUAL REPORT 2023
OUR NUMBERS
13. INTANGIBLE ASSETS (CONT’D.)
Software
Computer under
software development Total
Bank RM’000 RM’000 RM’000
2023
Cost
At 1 January 2023 353,613 22,168 375,781
Additions 2,299 45,357 47,656
Write-off (Note 38) - (64) (64)
Reclassification 49,142 (49,142) -
Transfer to property, plant and equipment - (1,789) (1,789)
At 31 December 2023 405,054 16,530 421,584
Accumulated amortisation
At 1 January 2023 265,290 - 265,290
Charge for the year (Note 38) 33,483 - 33,483
At 31 December 2023 298,773 - 298,773
Carrying amount as at 31 December 2023 106,281 16,530 122,811
2022
Cost
At 1 January 2022 305,924 11,023 316,947
Additions 1,716 57,086 58,802
Write-off (Note 38) 32 - 32
Reclassification 45,941 (45,941) -
At 31 December 2022 353,613 22,168 375,781
Accumulated amortisation
At 1 January 2022 240,580 - 240,580
Charge for the year (Note 38) 24,678 - 24,678
Write-off (Note 38) 32 - 32
At 31 December 2022 265,290 - 265,290
Carrying amount as at 31 December 2022 88,323 22,168 110,491
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