OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2019

Disclosure of intangible assets [text block] [Abstract]

Disclosure of intangible assets [text block]

NOTE 26: 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 2018		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
Exchange and other adjustments		–		–		–			–		4			4
Additions		–		–		–			–		1,033			1,033
Disposals		–		–		–			–		(10	)		(10	)
At 31 December 2019		596		2,770		1,002			538		4,958			9,864
Accumulated amortisation:
At 1 January 2018		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
Exchange and other adjustments		–		–		–			–		4			4
Charge for the year		–		–		70			–		496			566
Disposals		–		–		–			–		(4	)		(4	)
At 31 December 2019		216		2,770		481			538		2,051			6,056
Balance sheet amount at 31 December 2019		380		–		521			–		2,907			3,808
Balance sheet amount at 31 December 2018		380		–		591			–		2,376			3,347

Brands of £380 million (31 December 2018: £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 2019 is expected to be amortised over its remaining useful life of eight years.