RNLI/Mike

RNLI consolidated statementof financial activitiesfor the year ended 31 December 2012NoteNet freereserves£MDesignatedreserves£MRestrictedreserves£MEndowmentreserves£MTotal2012£MTotal2011£MIncoming resourcesLegacies 75.5 - 25.9 - 101.4 97.7Fundraised voluntary income 40.4 - 11.5 - 51.9 51.9Merchandising and other trading 13.4 - - - 13.4 14.3Investment income 7c 3.4 - 0.4 - 3.8 4.9Lifeguard income from charitable activities 3.4 - - - 3.4 3.2Other income 0.8 - - - 0.8 0.9Total incoming resources 136.9 - 37.8 - 174.7 172.9Resources expendedFundraising and legacies (23.6) (0.4) - - (24.0) (23.4)Merchandising and other trading (7.1) (0.1) - - (7.2) (8.9)Investment management (0.7) - (0.3) - (1.0) (1.0)Cost of generating funds (31.4) (0.5) (0.3) - (32.2) (33.3)Lifeboat service (29.5) (1.0) (2.7) - (33.2) (33.2)Lifeboats, property and equipment (26.3) (5.5) (30.4) - (62.2) (63.1)Lifeboat rescue (55.8) (6.5) (33.1) - (95.4) (96.3)Lifeguard rescue (12.8) (1.1) (0.6) - (14.5) (13.8)International and flood rescue (0.5) - (0.1) - (0.6) (0.5)Safety, education and awareness (5.5) (0.2) - - (5.7) (6.2)Charitable expenditure (74.6) (7.8) (33.8) - (116.2) (116.8)Governance expenditure (0.5) - - - (0.5) (0.5)Total resources expended 5 (106.5) (8.3) (34.1) - (148.9) (150.6)Net incoming resources before transfers 30.4 (8.3) 3.7 - 25.8 22.3Transfers between reserves 1g (34.7) 23.4 11.3 - - -Net incoming resources (4.3) 15.1 15.0 - 25.8 22.3Gains on investments 7b 8.1 - 3.6 0.4 12.1 3.5Actuarial (losses)/gains on pension schemes 15d (3.8) - - - (3.8) 2.8Net movements in reserves - 15.1 18.6 0.4 34.1 28.6Reserves at 1 January 77.6 229.0 262.8 9.6 579.0 550.4Reserves at 31 December 77.6 244.1 281.4 10.0 613.1 579.0The notes on pages 25–38 form part of these accounts.The categories of charitable expenditure have been changed for 2012, and 2011 comparatives have been adjusted, to better reflect theactivities of the RNLI.20