| Property, Plant and Equipment |
Note 10. Property, Plant and EquipmentA summary of property, plant, and equipment as at June 30, 2026 and December 31, 2025 is as follows:
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Land and buildings |
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Plant and machinery |
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Construction in progress |
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Total |
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Cost |
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At December 31, 2025 |
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113,151 |
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313,567 |
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32,415 |
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459,133 |
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Additions |
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281 |
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4,064 |
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6,245 |
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10,590 |
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Disposals |
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(30 |
) |
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(921 |
) |
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(391 |
) |
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(1,342 |
) |
Reclassifications |
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1,267 |
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2,867 |
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(4,134 |
) |
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— |
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Exchange differences |
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(2,789 |
) |
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(4,256 |
) |
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(116 |
) |
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(7,161 |
) |
At June 30, 2026 |
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111,880 |
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315,321 |
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34,019 |
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461,220 |
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Accumulated depreciation and impairment |
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At December 31, 2025 |
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(26,039 |
) |
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(120,016 |
) |
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(18,390 |
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(164,445 |
) |
Depreciation charge |
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(3,638 |
) |
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(14,302 |
) |
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— |
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(17,940 |
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Disposals |
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28 |
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677 |
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— |
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705 |
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Exchange differences |
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713 |
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2,133 |
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(460 |
) |
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2,386 |
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At June 30, 2026 |
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(28,936 |
) |
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(131,508 |
) |
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(18,850 |
) |
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(179,294 |
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Cost, net accumulated depreciation and impairment |
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At December 31, 2025 |
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87,112 |
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193,551 |
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14,025 |
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294,688 |
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At June 30, 2026 |
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82,944 |
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183,813 |
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15,169 |
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281,926 |
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Depreciation expense for the three months ended June 30, 2026 was $8.9 million (2025: $8.4 million). Depreciation expense for the six months ended June 30, 2026 was $17.9 million (2025: $15.8 million).
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