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Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 6. Property, Plant and Equipment

Property, plant and equipment consists of the following:

 

(in millions)

 

2024

 

 

2023

 

Land

 

$

21.6

 

 

$

22.8

 

Buildings

 

 

88.7

 

 

 

81.9

 

Equipment

 

 

439.6

 

 

 

418.1

 

Work in progress

 

 

62.1

 

 

 

69.5

 

Total gross cost

 

 

612.0

 

 

 

592.3

 

Less accumulated depreciation and impairment

 

 

(342.3

)

 

 

(324.0

)

Total net book value

 

$

269.7

 

 

$

268.3

 

 

Of the total net book value of equipment at December 31, 2024, $0.0 million are in respect of assets held under finance leases (2023 – $0.0 million).

Depreciation charges were $31.0 million, $27.9 million and $25.7 million in 2024, 2023 and 2022, respectively.