10. Intangible Assets
|
Software €’000 |
Software under development €’000 |
Total €’000 |
|
Cost |
|||
At 1 January 2024 |
321,547 |
32,572 |
354,119 |
Additions (incl internally developed) |
- |
51,085 |
51,085 |
Transfers |
66,308 |
(66,308) |
- |
At 31 December 2024 |
387,855 |
17,349 |
405,204 |
Additions (incl internally developed) |
- |
78,865 |
78,865 |
Retirements |
- |
(294) |
(294) |
Reclassification from property, plant and equipment - owned assets |
- |
14,689 |
14,689 |
Transfers |
80,415 |
(80,415) |
- |
At 31 December 2025 |
468,270 |
30,194 |
498,464 |
Accumulated amortisation and impairment losses |
|||
At 1 January 2024 |
(275,659) |
(294) |
(275,953) |
Amortisation charge |
(28,901) |
- |
(28,901) |
At 31 December 2024 |
(304,560) |
(294) |
(304,854) |
Retirements |
- |
294 |
294 |
Amortisation charge |
(33,104) |
- |
(33,104) |
At 31 December 2025 |
(337,664) |
- |
(337,664) |
Carrying amounts |
|||
At 31 December 2024 |
83,295 |
17,055 |
100,350 |
At 31 December 2025 |
130,606 |
30,194 |
160,800 |
Software assets include both internally generated and externally purchased assets with the majority being represented by internally generated assets.