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ANNUAL REPORT AND ACCOUNTS 2008

Notes to the consolidated financial statements

25 Other intangible assets

 

Customer
lists
£m

Software
enhancements
£m

Total
£m

Cost:

     

At 1 January 2007

54

198

252

Additions

3

47

50

Disposals

(5)

(5)

At 31 December 2007

57

240

297

Additions

6

80

86

At 31 December 2008

63

320

383

Accumulated amortisation:

     

At 1 January 2007

114

114

Charge for the year

5

31

36

Disposals

(2)

(2)

At 31 December 2007

5

143

148

Charge for the year

7

31

38

At 31 December 2008

12

174

186

Balance sheet amount at 31 December 2008

51

146

197

Balance sheet amount at 31 December 2007

52

97

149

Software enhancements principally comprise identifiable and directly associated internal staff and other costs.

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