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RNLI/Mike

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6 Fixed assets (continued)b) Intangible assetsGoodwill£MIntellectualproperty£MCostAt 1 January 2012 1.7 0.1 1.8Additions - - -Disposals - - -At 31 December 2012 1.7 0.1 1.8Total£MAmortisationAt 1 January 2012 0.3 0.1 0.4Charge for the year 0.1 - 0.1At 31 December 2012 0.4 0.1 0.5Net book amountAt 31 December 2012 1.3 - 1.3At 31 December 2011 1.4 - 1.4The accounting goodwill forms part of the purchase cost by SAR Composites Limited, a fully owned subsidiary of <strong>RNLI</strong> (Trading)Limited, of the lifeboat hull construction capabilities of Green Marine Limited in 2009. Green Marine Limited was the only companyoperating in this field in the UK, and this purchase was considered essential to ensure continuity of hull production for all-weatherlifeboats through an established operation and to retain staff expertise in this specialist field.c) Subsidiary company assetsThe consolidated schedule of fixed assets includes assets owned by the subsidiary companies with the following net book amounts:2012£M2011£MGoodwill 1.3 1.4Lifeboats and lifeboat stations under construction 0.4 4.3Lifeboats and launch equipment 0.6 0.6Depots, offices and training facilities 0.2 2.1Computer equipment, plant and vehicles 4.1 4.2Total 6.5 12.631

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