BOC Report and accounts 2005 - Alle jaarverslagen

112 The BOC Group plc Annual report and accounts 2005 Notes to the financial statements
11. Fixed assets – intangible assets continued
b) Analysis of acquisitions and disposals
The increase in positive goodwill represents the excess of the fair value of the purchase price over the provisional fair value of the net assets of businesses
acquired.The most significant amounts are as follows:
Positive Negative Amortisation
goodwill goodwill period
i) Businesses acquired £ million £ million Years 4
2005
G Van Dongen Holding BV 9.7 – 20
2004
There was no significant goodwill on acquisitions of subsidiary undertakings in the year.
2003
Praxair Polska 10.1 – 20
Environmental Management Corporation 1 32.3 – 15
2002
Seiko Instruments Inc – turbomolecular pumps business 2 59.4 – 20
Unique Gas and Petrochemicals Public Company Limited 17.5 – 20
Enron Teesside Operations Limited – industrial assets 9.6 – 15
Hydromatix Inc 5.6 – 15
Semco 3 3.8 – 15
Minorities in Osaka Sanso Kogyo KK – (5.0) 10
1. Restated in 2005 and 2004 to reflect an adjustment of £0.8 million to the fair value of the consideration.
2. Restated in 2003 to reflect an adjustment of £0.8 million to the fair value of the net assets.
3. Restated in 2003 to reflect an adjustment of £0.6 million to the fair value of the consideration.
4. Amortisation periods are those over which it is estimated that the value of the business acquired will exceed the value of the identifiable net assets of the business acquired.
ii) Businesses disposed of
Goodwill
£ million
2005
Unique Gas and Petrochemicals Public Company Limited 14.8
Afrox Healthcare Limited 13.9
2004
US packaged gas business 9.1
2003
Osaka Sanso Kogyo KK (see note 28c)) (10.5)