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HSBC BANK PLC
Notes on the Financial Statements (continued)
164
Sensitivity to changes in non-economic assumptions
PVIF
2014
2013
£m
£m
10% increase in mortality and/or morbidity rates
(17)
(20)
10% decrease in mortality and/or morbidity rates
18
20
10% increase in lapse rates
(29)
(34)
10% decrease in lapse rates
31
38
10% increase in expense rates
(31)
(30)
10% decrease in expense rates
31
30
Other intangible assets
The analysis of the movement of other intangible assets was as follows:
The group
Internally
generated
software
Purchased
Software
Customer/
merchant
relationships
Other
Total
£m
£m
£m
£m
£m
Cost
At 1 January 2014
1,367
170
220
15
1,772
Additions1
184
47
–
1
232
Disposals
(1)
(7)
–
–
(8)
Amounts written off
(1)
–
–
–
(1)
Exchange differences
(5)
(13)
–
–
(18)
Other changes
(4)
6
–
–
2
At 31 December 2014
1,540
203
220
16
1,979
Accumulated amortisation and impairment
At 1 January 2014
(765)
(137)
(151)
(11)
(1,064)
Amortisation charge for the year2
(178)
(18)
(12)
(1)
(209)
Impairment charge for the year2
–
–
–
(2)
(2)
Disposals
–
6
–
–
6
Amounts written off
1
–
–
–
1
Exchange differences
3
11
–
–
14
Other changes
4
(33)
–
2
(27)
At 31 December 2014
(935)
(171)
(163)
(12)
(1,281)
Net carrying amount at 31 December 2014
605
32
57
4
698
Cost
At 1 January 2013
1,298
161
220
17
1,696
Additions1
184
14
–
1
199
Disposals
(1)
(2)
(1)
–
(4)
Amounts written off
(13)
–
–
–
(13)
Exchange differences
3
3
–
(3)
3
Other changes
(104)
(6)
1
–
(109)
At 31 December 2013
1,367
170
220
15
1,772
Accumulated amortisation and impairment
At 1 January 2013
(697)
(124)
(139)
(14)
(974)
Amortisation charge for the year2
(177)
(17)
(11)
–
(205)
Impairment charge for the year2
(6)
–
–
–
(6)
Disposals
1
–
–
–
1
Amounts written off
13
–
–
–
13
Exchange differences
(3)
(2)
–
3
(2)
Other changes
104
6
(1)
–
109
At 31 December 2013
(765)
(137)
(151)
(11)
(1,064)
Net carrying amount at 31 December 2013
602
33
69
4
708
1 At 31 December 2014, the group did not have any contractual commitments to acquire intangible assets (2013: nil).
2 The amortisation and impairment charges for the year are recognised within the income statement under ‘Amortisation and impairment of
intangible assets’.