Legal & General - Annual Report and Accounts 2009 - 22 Purchased interest in long term businesses (PILTB) and other intangible assets

	PILTB insurance contracts 2009 £m	PILTB investment contracts 2009 £m	Other intangible assets 2009 £m	Total 2009 £m	PILTB insurance contracts 2008 £m	PILTB investment contracts 2008 £m	Other intangible assets 2008 £m	Total 2008 £m
Cost
As at 1 January	372	77	15	464	173	–	–	173
Acquisition of subsidiaries	–	–	–	–	127	77	15	219
Net exchange difference	(24)	–	–	(24)	61	–	–	61
Other	(13)	–	–	(13)	11	–	–	11
As at 31 December	335	77	15	427	372	77	15	464

Amortisation
As at 1 January	(230)	(7)	–	(237)	(154)	–	–	(154)
Amortisation for the year	(55)	(10)	(1)	(66)	(23)	(7)	–	(30)
Net exchange difference	22	–	–	22	(53)	–	–	(53)
As at 31 December	(263)	(17)	(1)	(281)	(230)	(7)	–	(237)
Net book value as at 31 December	72	60	14	146	142	70	15	227
To be amortised within 12 months				21				65
To be amortised after 12 months				125				162

The intangible assets above have finite useful economic lives.

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