OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2018

Disclosure of intangible assets [text block] [Abstract]

Disclosure of intangible assets [text block]

NOTE 25: OTHER INTANGIBLE ASSETS

	Brands £m		Core deposit intangible £m		Purchased credit card relationships £m			Customer- related intangibles £m		Capitalised software enhancements £m			Total £m
Cost:
At 1 January 2017		596		2,770		315			538		2,167			6,386
Acquisition of businesses		–		–		702			–		–			702
Additions		–		–		–			–		850			850
Disposals		–		–		–			–		(77	)		(77	)
At 31 December 2017		596		2,770		1,017			538		2,940			7,861
Additions		–		–		–			–		1,046			1,046
Disposals		–		–		(15	)		–		(55	)		(70	)
At 31 December 2018		596		2,770		1,002			538		3,931			8,837
Accumulated amortisation:
At 1 January 2017		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
Charge for the year		23		–		71			19		400			513
Disposals		–		–		(15	)		–		(34	)		(49	)
At 31 December 2018		216		2,770		411			538		1,555			5,490
Balance sheet amount at 31 December 2018		380		–		591			–		2,376			3,347
Balance sheet amount at 31 December 2017		403		–		662			19		1,751			2,835

Included within brands above are assets of £380 million (31 December 2017: £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 purchased credit card relationships represent the benefit of recurring income generated from portfolios of credit cards purchased. The balance sheet amount at 31 December 2018 is expected to be amortised over its remaining useful life of nine years.