CFSL - Annual report 2018

EXPLANATORY NOTES 30 SEPTEMBER 2018 24. INTANGIBLE ASSETS Goodwill on acquisition Leasehold Rights Software Total MUR m MUR m MUR m MUR m (a) GROUP Cost At 1 October 2016 1,099.4 - 167.5 1,266.9 Additions - 45.8 2.7 48.5 Disposal of subsidiary (note 35) (1,099.4) - (17.4) (1,116.8) At 30 September 2017 - 45.8 152.8 198.6 Additions - - 58.9 58.9 At 30 September 2018 - 45.8 211.7 257.5 Amortisation/Impairment At 1 October 2016 500.7 - 133.2 633.9 Charge for the year - - 15.5 15.5 Disposal of subsidiary (note 35) (500.7) - (16.2) (516.9) At 30 September 2017 - - 132.5 132.5 Charge for the year - 0.4 17.9 18.3 At 30 September 2018 - 0.4 150.4 150.8 Carrying value At 30 September 2018 - 45.4 61.3 106.7 At 30 September 2017 - 45.8 20.3 66.1 During the year ended 30 September 2017, the Group disposed of its global business segment on which goodwill on acquisition with carrying value amounting to MUR 598.7m were previously recognised. Hence as at 30 September 2017 and 30 September 2018, the Group does not have any goodwill on acquisition. (b) COMPANY Sep-18 Sep-17 MUR m MUR m Cost At 1 October 0.3 0.3 Additions - - At 30 September 0.3 0.3 Amortisation At 1 October 0.1 0.1 Charge for the year 0.1 - At 30 September 0.2 0.1 Carrying value At 30 September 0.1 0.2 113 CIM FINANCIAL SERVICES LTD ANNUAL REPORT 2018