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Goodwill
12 Months Ended
Dec. 31, 2011
Goodwill [Abstract]  
Goodwill Disclosure

12.       Goodwill

 December 31,December 31,
 20112010
 $’M$’M
 ________________________
Goodwill arising on businesses acquired592.6402.5
 ________________________

During the year to December 31, 2011 the Company completed its acquisition of ABH for cash consideration payable of $739.6 million, which resulted in goodwill with a preliminary value of $197.0 million (see Note 3). The goodwill has been assigned to the RM operating segment.

 

During the year to December 31, 2010 the Company acquired all the shares and warrants in Movetis for cash consideration of $592.0 million, which resulted in goodwill of $27.9 million (see Note 3). The goodwill has been assigned to the SP operating segment.

 

At December 31, 2011 goodwill of $243.5 million (December 31, 2010: $245.9 million) is held in the SP segment, $152.1 million (December 31, 2010: $156.6 million) in the HGT segment and $197.0 million (December 31, 2010: $nil) is held in the RM segment.

 20112010
 $’M$’M
 ________________________
As at January 1, 402.5384.7
Acquisitions 197.027.9
Foreign currency translation(6.9)(10.1)
 ________________________
As at December 31,592.6402.5
 ________________________