| Results by nature of income and expense | ||
Depreciation and amortisation In the tables below, income and cost totals excluding, where appropriate, the results of The Woolwich, related integration costs, restructuring costs, the results of former BZW businesses and the write-down of leases are shown to assist in the analysis of the ongoing business performance. |
| 2000 | 1999 | 1998 | ||
| £m | £m | £m | ||
| Property depreciation 85 93 88 | ||||
| Equipment depreciation | 166 | 170 | 172 | |
| Loss on sale of equipment | 4 | 4 | 5 | |
| Write back of surplus properties | – | – | (2) | |
| 255 | 267 | 263 | ||
| Goodwill amortisation | ||||
| – The Woolwich | 38 | – | – | |
| – other | 13 | 13 | 12 | |
| 306 | 280 | 275 | ||
| Excluding The Woolwich | 259 | 280 | 275 | |
|
Goodwill amortisation relating to The Woolwich acquisition
is based on total goodwill of £4,121m and an estimated
economic life of 20 years which will result in a charge of
£206m per annum, £38m for the period from 25th October
2000 to 31st December 2000.
|