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14. INVESTMENT PROPERTIES (CONT’D)
This method of valuation seeks to determine the value of the Properties being valued by comparing and adopting as a
yardstick recent transactions and sale evidences involving similar properties in the vicinity.
Management has conducted an internal assessment regarding the latest market value of the investment properties and there
is no significant difference noted in market value between the last valuation done by professional valuer and market value
as at 31 December 2013.
15. INTANGIBLE ASSETS
Group and Bank
2013
2012
RM’000
RM’000
Computer software
Cost
At 1 January
3,717
3,717
Transfer from property and equipment (Note 16)
–
–
At 31 December
3,717
3,717
Accumulated depreciation
At 1 January
2,927
2,374
Charged for the year (Note 28)
453
553
At 31 December
3,380
2,927
Carrying amount
337
790
EXIM Bank Annual Report 2013
137