NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2015
97
ANNUAL REPORT 2015
17.
GOODWILL/OTHER INTANGIBLE ASSETS (CONT’D)
(b)
(i)
Mining Rights and Corporate Club Memberships
Mining rights
Corporate
club
memberships
Total
$’000
$’000
$’000
Group
At cost
At 1 January 2015
4,499
336
4,835
Exchange adjustment
(584)
(45)
(629)
At 31 December 2015
3,915
291
4,206
Accumulated amortisation
At 1 January 2015
1,441
79
1,520
Amortisation to profit or loss
315
10
325
Exchange adjustment
(208)
(13)
(221)
At 31 December 2015
1,548
76
1,624
Net carrying amount
2,367
215
2,582
At cost
At 1 January 2014
4,026
258
4,284
Additions
–
84
84
Acquisition of a subsidiary (note 18)
559
–
559
Exchange adjustment
(86)
(6)
(92)
At 31 December 2014
4,499
336
4,835
Accumulated amortisation
At 1 January 2014
1,123
69
1,192
Amortisation to profit or loss
348
11
359
Exchange adjustment
(30)
(1)
(31)
At 31 December 2014
1,441
79
1,520
Net carrying amount
3,058
257
3,315
