Urenco Annual Report 2022

5. Property, plant and equipment Land and buildings €m Fixtures and fittings €m Assets under construction €m Total €m Cost as at 1 January 2022 8.5 6.7 39.9 55.1 Additions 0.1 - 7.2 7.3 Transfers between accounts - 5.9 (23.6) (17.7) Disposals (2.5) (2.7) (6.2) (11.4) Exchange adjustments (0.4) (0.5) (1.3) (2.2) Cost as at 31 December 2022 5.7 9.4 16.0 31.1 Depreciation as at 1 January 2022 2.4 6.7 - 9.1 Charge for the year 0.6 2.1 - 2.7 Disposals (1.7) (2.7) - (4.4) Exchange adjustments (0.1) (0.3) - (0.4) Depreciation as at 31 December 2022 1.2 5.8 - 7.0 Carrying amount as at 31 December 2021 6.1 - 39.9 46.0 Carrying amount as at 31 December 2022 4.5 3.6 16.0 24.1 All land, buildings and other items of property, plant and equipment are carried at historical cost less accumulated depreciation. The category of fixtures and fittings comprises office fixtures and fittings and computer equipment. The transfers in 2022 relate to transfers from assets under construction to other items of property, plant and equipment and a reclassification of assets with a net book value of €17.7 million (2021: €nil) to intangible assets. Right-of-use assets have been included within property, plant and equipment above, see the following table for further details. Land and buildings €m Cost as at 1 January 2022 8.5 Disposals (2.5) Exchange adjustments (0.3) Cost as at 31 December 2022 5.7 Depreciation as at 1 January 2022 2.4 Charge for the year 0.6 Disposals (1.7) Exchange adjustments - Depreciation as at 31 December 2022 1.3 Carrying amount as at 31 December 2021 6.1 Carrying amount as at 31 December 2022 4.4 The total cash outflow relating to the right of use assets for the reporting period was €nil (2021: €nil). 6. Intangible assets Software assets €m Cost as at 1 January 2022 15.8 Transfers between accounts 17.7 Disposal (0.5) Exchange adjustments (1.5) Cost as at 31 December 2022 31.5 Amortisation as at 1 January 2022 15.8 Charge for the year 9.1 Disposals (0.5) Exchange adjustments (1.2) Amortisation as at 31 December 2022 23.2 Carrying amount as at 31 December 2021 - Carrying amount as at 31 December 2022 8.3 Financial statements Notes to the Company Financial Statements continued For the year ended 31 December 2022 172 Urenco Annual report and accounts 2022 Financial statements 03