Amortization of Intangibles (SF.IS.AmortIntangibles_Banks)
Amortization of Intangibles (SF.IS.AmortIntangibles_Banks) refers to systematic changes to expenses over the useful lives of capitalized assets that lack physical existence, other than capitalized acquisition costs (goodwill).
Amortization of Intangibles (SF.IS.AmortIntangibles_Banks) refers to the costs that are reported on the face of the income statement, or in the notes to the income statement. In case the full value of the intangible amortization cannot be disclosed on the face, it is shown in the supplemental footnote (Amortization of Intangibles, Supplemental (SF.Notes.IS.AmortofIntangiblesSuppl)).
Amortization of Intangibles (SF.IS.AmortIntangibles_Banks) includes:
- Amortization of assets capitalized on the balance sheet as intangibles, other than goodwill
- Amortization of intangibles combined with impairment charges, if the latter are not delineated separately
- Amortization of goodwill/acquisition costs and other intangibles, if it is presented as a combined value and goodwill amortization is not delineated separately
- Amortization of deferred costs and capitalized prepaid lease rights classified as intangible asset
Amortization of Intangibles (SF.IS.AmortIntangibles_Banks) does not include:
- Amortization of goodwill/acquisition costs, if reported separately from other intangible assets (classified as Amortization of Acquisition Costs (SF.IS.AmortAcqCosts_Banks))
- Impairment or write-off of intangible assets and goodwill/acquisition costs (classified as Other Unusual Expense (SF.IS.OtherUnusualExp_Banks))
- Amortization of deferred debt issuance expenses/financing costs/loan origination costs/mortgage service costs, debt discounts ( (classified as Interest on Other Borrowings (SF.IS.InterestOnOtherBorrowings))
- Amortization of deferred costs classified as tangible fixed assets (classified as Depreciation Expense (SF.IS.DepreciationExp_Banks))
- Amortization of deferred costs not included in tangible or intangible assets, other than deferred financial expenses, Amortization of deferred stock-based compensation, sales commissions, incentive compensation and Amortization of incorporation/organization expenses (classified as Other Expense (SF.IS.OtherExp))
- Depreciation or amortization of capitalized prepaid lease rights which are not treated as intangibles (classified as Depreciation Expense (SF.IS.DepreciationExp_Banks)
- iif treated as tangible assets; or as Other Expense (SF.IS.OtherExp)
- if treated as deferred charges unrelated to tangibles and intangibles, or
- if capitalized as investment properties in standards that treat these properties as investment assets)
- Items considered as amortization of goodwill/acquisition costs, disclosed by companies reporting in the IFRS, in the U.S. GAAP or other accounting standards that do not allow the amortization of goodwill (classified as Other Unusual Expense (SF.IS.OtherUnusualExp_Banks))
- Negative goodwill recognized (classified as Other Unusual Income (SF.IS.OtherUnusualIncome))