RNLI ANNUAL REPORT AND ACCOUNTS 2011

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RNLI notes to the accounts (continued)FOR THE YEAR ENDED 31 DECEMBER 20116 Fixed assetsa) Tangible assetsLifeboatsand lifeboatstations underconstruction£MLifeboats£MLifeboatstations andshoreworks£MLaunch andrecoveryequipment£MDepots,officesandtrainingfacilities£MComputerequipment,plant andvehicles£MCostAt 1 January 2011 24.1 232.2 171.7 20.9 85.4 52.7 587.0Additions 29.6 - - - (0.2) 4.1 33.5Transfers (27.9) 16.4 10.9 0.6 - - -Disposals - (3.5) (0.2) (0.3) (1.4) (8.9) (14.3)At 31 December 2011 25.8 245.1 182.4 21.2 83.8 47.9 606.2Total£MDepreciationAt 1 January 2011 - 157.2 39.6 15.4 12.4 41.1 265.7Charge for the year - 10.8 4.5 0.8 1.5 3.7 21.3Disposals - (2.8) (0.2) (0.2) (0.2) (8.3) (11.7)At 31 December 2011 - 165.2 43.9 16.0 13.7 36.5 275.3Net book amountAt 31 December 2011 25.8 79.9 138.5 5.2 70.1 11.4 330.9At 31 December 2010 24.1 75.0 132.1 5.5 73.0 11.6 321.3The net book amounts include the following property:Freehold£MLeasehold£MTotal£MLifeboat stations and shoreworks 53.2 85.3 138.5Depots, offices and training facilities 60.4 9.7 70.1Total 113.6 95.0 208.6Baltimore lifeboat crew rescuinga crew of 21 from their yachtduring the 2011 Fastnet race
) Intangible assetsGoodwill£MIntellectualproperty£MCostAt 1 January 2011 1.7 0.1 1.8Additions - - -Disposals - - -At 31 December 2011 1.7 0.1 1.8Total£MAmortisationAt 1 January 2011 0.2 0.1 0.3Charge for the year 0.1 - 0.1At 31 December 2011 0.3 0.1 0.4Net book amountAt 31 December 2011 1.4 - 1.4At 31 December 2010 1.5 - 1.5The accounting goodwill forms part of the purchase cost by SAR Composites Limited, a fully owned subsidiary of RNLI (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:2011£M2010£MGoodwill 1.4 1.5Lifeboats and lifeboat stations under construction 4.3 3.3Lifeboats 0.6 -Depots, offices and training facilities 2.1 2.1Computer equipment, plant and vehicles 4.2 4.1Total 12.6 11.0
Page 1 and 2: RNLI ANNUAL REPORTAND ACCOUNTS 2011
Page 3 and 4: Annual Report of the Trustees of th
Page 5: Beach safety advice has also been d
Page 9 and 10: The RNLI is always ready tolaunch t
Page 11: Station ALBs (%)1008060Total statio
Page 16 and 17: GovernanceThe Royal National Lifebo
Page 19 and 20: RNLI consolidated statement of fina
Page 21 and 22: RNLI balance sheet*AS AT 31 DECEMBE
Page 23 and 24: RNLI notes to the accountsFOR THE Y
Page 25 and 26: The internal supplies of RNLI (Trad
Page 30 and 31: RNLI notes to the accounts (continu
Page 36 and 37: RNLI officers and contactsAS AT 4 A
Page 39 and 40: This image of a casualty careexerci

RNLI ANNUAL REPORT AND ACCOUNTS 2011

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