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Other assets
 12 Months Ended
Dec. 31, 2024
Other assets.  
Other assets

17 Other assets

Other assets are non-financial assets and reflect a grouping of assets that are not large enough to present separately on the balance sheet.

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2024

    

2023

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£m

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£m

Interests in associates (1)

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690

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668

Property, plant and equipment (2)

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3,967

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4,227

Pension schemes in net surplus (Note 5)

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190

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201

Tax recoverable

 

7

 

49

Deferred tax (Note 7)

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1,876

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1,894

Assets of disposal groups

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64

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902

Other

 

1,602

 

1,721

Other assets

 

8,396

 

9,662

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(1)

Includes interest in Business Growth Fund £678 million (2023 - £658 million).

(2)

The estimated useful lives of NatWest Group's property, plant and equipment are: freehold buildings and long leasehold 50 years, short leaseholds for unexpired period of lease, property adaptation costs 10 to 15 years, computer equipment up to 5 years and other equipment 4 to 15 years.