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Notes to the Financial Statements

for the year ended 31 December 2004

22 Tangible Fixed Assets

    £m
  At
31 December
2004
At
31 December
2003
Insurance and other assets
Computer and other equipment, fixtures and vehicles
Cost
At beginning of year
214
201
Disposed operations
(1)
(27)
Additions
42
44
Disposals
(28)
(59)
Foreign exchange and other movements
(3)
55
At end of year
224
214
 
Accumulated depreciation
At beginning of year
(133)
(104)
Disposed operations
1
22
Charge for year
(31)
(32)
Disposals
16
37
Foreign exchange and other movements
(3)
(56)
At end of year
(150)
(133)
 
Net book value
At end of year
74
81
 
Banking
Computer and other equipment, fixtures and vehicles
Cost
At beginning of year
501
354
Additions
122
78
Disposals
(79)
(31)
Foreign exchange and other movements
45
100
At end of year
589
501
 
Accumulated depreciation
At beginning of year
(280)
(196)
Charge for year
(67)
(72)
Disposals
25
21
Foreign exchange and other movements
(44)
(33)
At end of year
(366)
(280)
 
Net book value
At end of year
223
221

 


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