WHISTL ANNUAL REPORT 2022

Notes to the Consolidated Financial Statements for the year ended 31 December 2022 (continued)

13 Intangible fixed assets – Group

Computer software/IT infrastructure £’000

Assets under construction £’000

Purchased Goodwill £’000

Total £’000

Cost At 1 January 2022

105,045

2,748

219 108,012

Acquisitions through business combinations

86

-

- -

86

Disposals Additions Transfer

- - -

(70)

(70)

187 712

682

869

(712)

-

At 31 December 2022

105,131

3,577

189 108,897

Amortisation At 1 January 2022

24,570

1,726

- - - -

26,296

Disposals

-

(70)

(70)

Amortisation

10,633 35,203

538

11,171

At 31 December 2022 Net Book Value At 31 December 2022 At 31 December 2021

2,194

37,397

69,928 80,475

1,383 1,022

189 71,500

219

81,716

Purchased goodwill arose on the acquisitions set out in note 31 and is being amortised on a straight line basis over a period of 10 years which is equal to the period over which the related non-monetary assets of the acquired business are being amortised. 14 Tangible fixed assets – Group

Plant and machinery £’000

Long Leasehold property £’000

Motor vehicles £’000

Computer equipment £’000

Fixtures and fittings £’000

Total £’000

Cost At 1 January 2022 Reclassification

3,690 22,700

698

2,226

95 29,409

-

(98)

-

-

(98)

Disposals Additions Transfer

(1,080)

(107)

(84)

(112)

- - -

(1,383)

169 715

2,288

58 87

640 204

3,155

(1,006)

-

At 31 December 2022

3,494 23,777

759

2,958

95 31,083

Depreciation At 1 January 2022 Reclassification

709

4,462

491

938

78

6,678

-

(98) (94)

-

-

(98) (841)

Disposals

(576)

(59)

(112)

-

Depreciation

551

2,368

128

736

7

3,790

Transfer

(55)

55

-

-

-

-

At 31 December 2022 Net Book Value At 31 December 2022 At 31 December 2021

629

6,693

560

1,562

85

9,529

2,865 17,084

199 207

1,396 1,288

10 21,554

2,981

18,238

17

22,731

Assets under construction of £807,000 (2021:£1,642,000) are included in Plant and machinery. The net carrying amount of assets held under finance leases included in Plant and machinery amounted to £12,000 (2021: £122,000) and Motor vehicles of £nil (2021: £16,000).

56

Whistl Annual Report 2022

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