HSBC 2015 Annual Report Download - page 415

HSBC HOLDINGS PLC
413
Strategic Report Financial Review Corporate Governance Financial Statements Shareholder Information
Other intangible assets
Movement of intangible assets excluding goodwill and the PVIF
Internally
generated
software Other Total
$m $m $m
Cost
At 1 January 2015 6,413 2,863 9,276
Additions 857 114 971
Disposals (134) (159) (293)
Amount written off (238) (2) (240)
Reclassified to held for sale (239) (452) (691)
Other changes (292) (184) (476)
At 31 December 2015 6,367 2,180 8,547
Accumulated amortisation
At 1 January 2015 (4,286) (1,889) (6,175)
Charge for the year1 (686) (142) (828)
Impairment (149) 15 (134)
Disposals 128 147 275
Amount written off 238 2 240
Reclassified to held for sale 141 250 391
Other changes 181 120 301
At 31 December 2015 (4,433) (1,497) (5,930)
Net carrying amount at 31 December 2015 1,934 683 2,617
Cost
At 1 January 2014 5,999 2,975 8,974
Additions 732 177 909
Disposals (35) (80) (115)
Amount written off (24) (53) (77)
Other changes (259) (156) (415)
163
At 31 December 2014 6,413 2,863 9,276
Accumulated amortisation
At 1 January 2014 (3,809) (1,761) (5,570)
Charge for the year1 (677) (261) (938)
Impairment (11) (54) (65)
Disposals 32 77 109
Amount written off 24 53 77
Other changes 155 57 212
At 31 December 2014 (4,286) (1,889) (6,175)
Net carrying amount at 31 December 2014 2,127 974 3,101
1 The amortisation charge for the year is recognised within the income statement under ‘Amortisation and impairment of intangible assets’, with the
exception of the amortisation of mortgage servicing rights which is recognised in ‘Net fee income’. The revaluation net of amortisation charge for
mortgage servicing rights was $25m in 2015 (2014: charge of $67m).