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enricHing national Progress ENRICHING SUSTAINABLE RETURNS

notes to tHe financial statements

for the year ended 31 december 2023

8. COMPUTER SOFTWARE

Group KWAP
31 December 31 December 31 December 31 December
2023 2022 2023 2022
RM’000 RM’000 RM’000 RM’000

Cost
at 1 January 57,005 54,984 56,882 54,875
additions 100 343 101 329
disposals (263) - (263) -
transfer in 2,444 1,678 2,444 1,678
At 31 December 59,286 57,005 59,164 56,882

Accumulated Amortisation
at 1 January 37,060 23,883 36,965 23,810
charge for the year 13,019 13,177 13,017 13,155
disposals (263) - (263) -

At 31 December 49,816 37,060 49,719 36,965

Net Book Value As At 31 December 9,470 19,945 9,445 19,917

computer software relates to the licence fees, other directly attributable costs in the preparation of the assets for its
intended use as well as the professional fees arising directly to bring the assets to their working condition.

184 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) i INTEGRATED REPORT 2023