15. Other Assets
| In billions of Russian Roubles | 2012 | 2011 |
|---|---|---|
| Other financial assets | ||
| Receivables on plastic cards settlements | 107.5 | 78.8 |
| Derivative financial instruments | 74.4 | 51.1 |
| Settlements on currency conversion operations | 16.7 | 6.5 |
| Settlements on operations with securities | 10.1 | 15.2 |
| Funds in settlement | 5.7 | 0.2 |
| Accrued fees and commissions | 4.5 | 3.9 |
| Trade receivables | 4.4 | 2.7 |
| Other | 6.7 | 6.9 |
| Provision for impairment of other financial assets | (2.4) | (2.2) |
| Total other financial assets | 227.6 | 163.1 |
| Other non-financial assets | ||
| Precious metals | 84.8 | 66.0 |
| Prepayments for premises and other assets | 67.7 | 29.9 |
| Inventory of non-banking subsidiaries | 58.9 | 12.7 |
| Intangible assets acquired through business combinations | 35.8 | 12.2 |
| Goodwill | 25.0 | 15.1 |
| Investment property | 15.3 | 11.8 |
| Non-exclusive licences | 13.3 | 8.9 |
| Investments in associates | 8.6 | 4.7 |
| Prepaid expenses | 8.6 | 3.8 |
| Tax settlements (other than on income) | 8.0 | 9.8 |
| Non-current assets held for sale and assets of the disposal group | 5.1 | 14.4 |
| Prepayment on income tax | 2.4 | 1.5 |
| Other | 13.1 | 10.0 |
| Provision for impairment of other non-financial assets | (6.1) | (3.9) |
| Total other non-financial assets | 340.5 | 196.9 |
| Total other assets | 568.1 | 360.0 |
As at 31 December 2012 receivables on plastic cards settlements of 107.5 billion RUB (2011: 78.8 billion RUB) represent receivables due within 30 days on operations of the Group`s customers with plastic cards.
As at 31 December 2012 and 31 December 2011 intangible assets acquired through business combinations are as follows:
| In billions of Russian Roubles | 2012 | 2011 |
|---|---|---|
| Core deposit intangible | 15.6 | 5.4 |
| Brand | 10.3 | — |
| Client base | 4.0 | — |
| Bank licenses | 1.0 | — |
| Licenses for oil exploitation | — | 2.4 |
| Other | 4.9 | 4.4 |
| Total intangible assets acquired through business combinations | 35.8 | 12.2 |
Movements in the provision for impairment of other assets during 2012 are as follows:
| In billions of Russian Roubles | Funds in settlement | Other financial assets | Prepayments for premises and other assets | Other non-financial assets | Total |
|---|---|---|---|---|---|
| Provision for impairment at 1 January 2012 | 0.1 | 2.1 | 1.0 | 2.9 | 6.1 |
| Net provision charge for impairment during the year | — | 0.5 | 0.1 | 3.5 | 4.1 |
| Other assets written off during the year as uncollectible | — | (0.3) | — | (1.4) | (1.7) |
| Provision for impairment at 31 December 2012 | 0.1 | 2.3 | 1.1 | 5.0 | 8.5 |
Movements in the provision for impairment of other assets during 2011 are as follows:
| In billions of Russian Roubles | Funds in settlement | Other financial assets | Prepayments for premises and other assets | Other non-financial assets | Total |
|---|---|---|---|---|---|
| Provision for impairment at 1 January 2011 | 0.1 | 2.1 | 1.1 | 1.5 | 4.8 |
| Net provision charge for impairment during the year | — | 0.3 | (0.1) | 1.7 | 1.9 |
| Other assets written off during the year as uncollectible | — | (0.3) | — | (0.3) | (0.6) |
| Provision for impairment at 31 December 2011 | 0.1 | 2.1 | 1.0 | 2.9 | 6.1 |
Provision for impairment of other assets is recognised by the Group on operations conducted in the normal course of the Group’s business. Provision is accessed on the basis of the Group’s best estimates of recoverability of other assets.
Movements in goodwill arising on the acquisition of subsidiaries are:
| In billions of Russian Roubles | Note | 2012 | 2011 |
|---|---|---|---|
| Carrying amount at 1 January | 15.1 | 8.3 | |
| Acquisition of subsidiaries | 39 | 16.7 | 8.0 |
| Disposal of subsidiaries | (5.1) | — | |
| Impairment loss | (1.7) | (1.2) | |
| Carrying amount at 31 December | 25.0 | 15.1 |
The estimated fair value of other financial assets is disclosed in Note 35. Currency and maturity analyses of other assets are disclosed in Note 32. The information on related party balances is disclosed in Note 37.