RBS 2007 Annual Report Download - page 164

RBS Group • Annual Report and Accounts 2007
162
Notes on the accounts continued
Financial statements
17 Intangible assets
Group
Core Other Internally
deposit purchased generated
Goodwill intangibles intangibles software Total
2007 £m £m £m £m £m
Cost:
At 1 January 2007 17,889 265 275 2,642 21,071
Currency translation and other adjustments 1,199 98 136 48 1,481
Acquisition of subsidiaries 23,321 1,842 2,452 717 28,332
Additions — — 6 481 487
Impairment of goodwill (40) — — — (40)
Disposals and write-off of fully amortised assets — — (3) (84) (87)
At 31 December 2007 42,369 2,205 2,866 3,804 51,244
Accumulated amortisation:
At 1 January 2007 — 127 97 1,943 2,167
Currency translation and other adjustments —1337
Disposals and write-off of fully amortised assets — — (1) (80) (81)
Charge for the year — 110 124 425 659
At 31 December 2007 — 238 223 2,291 2,752
Net book value at 31 December 2007 42,369 1,967 2,643 1,513 48,492
2006
Cost:
At 1 January 2006 18,823 299 325 2,294 21,741
Currency translation and other adjustments (924) (34) (47) (1) (1,006)
Additions — — 19 382 401
Disposal of subsidiaries (10) — (1) — (11)
Disposals and write-off of fully amortised assets — — (21) (33) (54)
At 31 December 2006 17,889 265 275 2,642 21,071
Accumulated amortisation:
At 1 January 2006 — 85 64 1,660 1,809
Currency translation and other adjustments — (12) (7) — (19)
Disposals and write-off of fully amortised assets — — — (8) (8)
Charge for the year — 54 40 291 385
At 31 December 2006 — 127 97 1,943 2,167
Net book value at 31 December 2006 17,889 138 178 699 18,904