THE RNLI IS THE CHARITY THAT SAVES LIVES AT SEA

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RUNNING COSTSIt costs us over £140M each yearto run our lifesaving service.17p in every pound donated isreinvested to generate more funds.83p in every pound donated goesto the rescue service.83p17pMONEY12
SUMMARYOur financial performance in 2012 was encouraging, despite the generally gloomy and uncertaineconomic climate. Thanks to our amazing supporters and volunteer fundraisers, our income in2012 was enough to meet our planned running costs – and our investment plans to fund vitalnew lifeboats and lifeboat stations. At the end of 2012 we had 11 months of free reserves. Theseare funds that would be available to run the RNLI in the case of a short-term setback. This equatesto £102.5M.By the end of 2012, 2 years into our improvement programme, we had made £16.2M of repeatableannual savings. This means that, despite significant inflation and our increased lifesaving activity,this programme has reduced our annual running costs – when compared to 2009 – by a remarkable£7M. So the RNLI is ensuring that our supporters’ generous donations go even further in ourmission to save lives at sea.Overall, 2012 was a good year for the RNLI but just as the need for our services remains constant,so does our need for funding. Even with our remarkable cost savings, we need to raise similar levelsof income every single year to achieve our plans. We can only do this thanks to the generosity ofpeople like you.This summary is intendedto give an understanding ofthe overall financial positionof the RNLI for 2012 andhas been taken from the fullaudited accounts for the yearended 31 December 2012.Please contact RNLIHeadquarters to receive acopy, or download fromthe website at RNLI.org.2012INCOME£166.5MLegacies 61%Fundraised voluntary income 31%Net investment income 2%Net merchandising and other trading 4%Lifeguard income 2%The income raised and donated by our supporters and volunteerfundraisers was constant in 2012, reaching £51.9M.Our overall income increased by £1.8M compared with theprevious year, largely as a result of some generous legacies.Lifeboat service 24%Lifeboat property and equipment 44%Fundraising and legacies 17%Lifeguard rescue 10%Safety, education and awareness 5%2012 REVENUEEXPENDITURE£140.7M2012 CAPITALEXPENDITURE£35.5MLifeboat stations 39%Lifeboat and launching equipment 44%Other equipment and property 17%13
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Page 10 and 11: Peter‘‘Why do I support the RNL
Page 12 and 13: Barry‘‘I silenced the pager so
Page 14 and 15: FUTUREIN 2012, THE RNLIREINFORCED I
Page 18 and 19: THANK YOUAs you will have read in t
Page 20: Cover photo: Flood Rescue Team (FRT

THE RNLI IS THE CHARITY THAT SAVES LIVES AT SEA

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