Shares
£m
Cost
At 1 January 2018397.5
Acquisitions0.1
At 31 December 2018397.6
Provision for impairment
At 1 January 20186.6
At 31 December 20186.6
Net book value
At 31 December 2018391.0
At 31 December 2017390.9

During 2018 the Company subscribed CHF 100,000 (£76,000) in Bodycote (Suisse) SA.

The following subsidiaries have taken advantage of an exemption from audit under section 479A of the Companies Act 2006. As the ultimate parent, Bodycote plc has provided a statutory guarantee for any outstanding liabilities of this business. All subsidiaries undertakings have been included in the consolidation.

Bodycote Heat Treatments Limited
Bodycote Surface Technology Limited
Bodycote H.I.P. Limited
Bodycote America Finance Limited
Bodycote America Treasury Limited
Bodycote Finance Limited
Bodycote Finance UK Limited
Bodycote International Limited
Bodycote Investments
Bodycote Nominees No. 1  Limited
Bodycote Pension Trustees Limited
Bodycote HIP Germany Limited
Bodycote Treasury Services Limited
Bodycote Thermal Processing Mexico Limited