12. Intangible assets

     
  2011 2010
€'000 €'000
At 1 January 696 814
Amortised during year (note i) (118) (118)
At 31 December 578 696


(i) On 27 November 2006 the Group recognised goodwill of €1.2 million on the acquisition of 100% of the share capital in Medite Europe Limited. The goodwill is being amortised on a straight line basis over its estimated useful life. This has been estimated at 10 years after taking account of the nature of the business acquired and the industry in which it operates.