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Notes to the accounts

11 Intangible assets
  Goodwill
£m		 Patents
£m		 Total
£m
Cost:
As at 1 January 2004 259.5 3.4 262.9
Additions in the year 9.8 0.1 9.9
Exchange adjustments 0.7 - 0.7
As at 31 December 2004 270.0 3.5 273.5
Amortisation:
As at 1 January 2004 33.1 2.8 35.9
Charge in the year 13.0 0.1 13.1
Exchange adjustments 0.4 - 0.4
As at 31 December 2004 46.5 2.9 49.4
Net book value:
As at 31 December 2004 223.5 0.6 224.1
As at 1 January 2004 226.4 0.6 227.0

Additions to goodwill in the year of £9.8m represents purchased goodwill arising on the acquisition of businesses listed in Note 20. The useful economic life of this goodwill has been estimated at 20 years. The choice of amortisation period reflects the long-term nature of the group's investment.

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