The Christie NHS FT Annual Report & Accounts 2019-20

Consolidated Accounts of The Christie NHS Foundation Trust 2019-2020

8. Finance costs and finance revenue

8.1 Finance income

Group NHS Foundation Trust

Group NHS Foundation Trust

2018-2019

2018-2019

2019-2020

2019-2020

£000

£000

£000

£000

Bank interest receivable

811

500

1,280

924

Interest on loans and receivables

16 21

43

22

20

Interest on held-to-maturity financial assets

0

0

0

848

543

Total

1,302

944

8.2 Finance costs - financial liabilities

Group NHS Foundation Trust

Group NHS Foundation Trust

2018-2019

2018-2019

2019-2020

2019-2020

£000

£000

£000

£000

Interest on loans and overdrafts

1,461

1,461

1,588

1,588

Interest on late payment of commercial debt Interest on obligations under PFI contracts

3 6

3 6

16

16

0

0

1,470

1,470

Total

1,604

1,604

Details of the Trust loans are in note 16.1.

9. Intangible assets

All Intangible Assets of The Christie NHS Foundation Trust Group are held by The Christie NHS Foundation Trust. Neither The Christie Charitable Fund nor The Christie Pharmacy Limited hold any Intangible Assets.

9.1 Intangible assets

Group

Group

2018-19

2019-20

Software purchased

Software purchased

Total £000

Total £000

£000

£000

Gross cost at 1 April

3,025 3,025

3,025 3,025

3,025 3,025

3,025 3,025

Gross cost at 31 March

Accumulated Amortisation Accumulated amortisation at 1 April

2,214

2,214

2,770

2,770

Charged during the year

556

556

211

211

2,770

2,770

Accumulated amortisation at 31 March

2,981

2,981

Net book value at 31 March

255

255

44

44

Net book value - purchased at 31 March Net book value at 31 March

255 255

255 255

44 44

44 44

27 189