OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2017

Disclosure of intangible assets [text block] [Abstract]

Disclosure of intangible assets [text block]

NOTE 25: OTHER INTANGIBLE ASSETS

					Purchased		Customer-		Capitalised
			Core deposit		credit card		related		software
	Brands		intangible		relationships		intangibles		enhancements			Total
	£m		£m		£m		£m		£m			£m
Cost:
At 1 January 2016		596		2,770		315		538		1,814			6,033
Additions		–		–		–		–		463			463
Disposals		–		–		–		–		(110	)		(110	)
At 31 December 2016		596		2,770		315		538		2,167			6,386
Acquisition of businesses (note 22)		–		–		702		–		–			702
Additions		–		–		–		–		850			850
Disposals		–		–		–		–		(77	)		(77	)
At 31 December 2017		596		2,770		1,017		538		2,940			7,861
Accumulated amortisation:
At 1 January 2016		149		2,460		309		472		805			4,195
Charge for the year		22		297		2		27		234			582
Disposals		–		–		–		–		(72	)		(72	)
At 31 December 2016		171		2,757		311		499		967			4,705
Charge for the year		22		13		44		20		293			392
Disposals		–		–		–		–		(71	)		(71	)
At 31 December 2017		193		2,770		355		519		1,189			5,026
Balance sheet amount at 31 December 2017		403		–		662		19		1,751			2,835
Balance sheet amount at 31 December 2016		425		13		4		39		1,200			1,681

Included within brands above are assets of £380 million (31 December 2016: £380 million) that have been determined to have indefinite useful lives and are not amortised. These brands use the Bank of Scotland name which has been in existence for over 300 years. These brands are well established financial services brands and there are no indications that they should not have an indefinite useful life.

The additional £702 million of purchased credit card relationships in the year ended 31 December 2017 have arisen from the acquisition of MBNA (see note 22) and represent the benefit of recurring income generated from the portfolio of credit cards purchased.