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Other assets (Tables)
12 Months Ended
Dec. 31, 2022
Other assets  
Schedule of other assets

    

2022

    

2021

£m

£m

Interests in associates (1)

688

716

Property, plant and equipment (2)

4,240

4,230

Pension schemes in net surplus (Note 5)

318

602

Prepayments

 

340

 

360

Accrued income

 

327

 

248

Tax recoverable

 

279

 

190

Deferred tax (Note 7)

2,178

1,195

Acceptances

237

225

Other

 

569

 

476

Other assets

 

9,176

 

8,242

(1)

Includes interest in Business Growth Fund £677 million (2021 - £700 million).

(2)

The estimated useful lives of NatWest Group's property, plant and equipment are: freehold buildings and long leasehold 50 years, short leaseholds for unexpired period of lease, property adaptation costs 10 to 15 years, computer equipment up to 5 years and other equipment 4 to 15 years.