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v3.25.1

Property Plant and Equipment (Tables) | 12 Months Ended
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Dec. 31, 2024
Property, Plant and Equipment. |
Schedule of reconciliation of changes in property, plant and equipment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | Other fixtures | Assets under | ​
EUR’000 | ​ | Vessels | Dry dock | and fittings | Construction | Total
Cost 2024 | ​ |  |  |  |  |
Beginning of financial year |  | 566,360 | 9,135 | 979 | 571,745 | 1,148,219
Additions |  | 8,029 | 4,377 | 12,680 | 624,679 | 649,765
Transfer from assets under construction |  | 468,678 | 4,000 | — | (472,678) | —
Disposals |  | (5,146) | — | (306) | — | (5,452)
Exchange differences | ​ | 18,743 | 132 | 160 | 12,864 | 31,899
31 December 2024 |  | 1,056,664 | 17,644 | 13,513 | 736,610 | 1,824,431
Accumulated depreciation and impairment |  | ​ | ​ | ​ | ​ | ​
Beginning of financial year |  | 58,727 | 3,548 | 312 | — | 62,587
Depreciation charge |  | 50,571 | 3,125 | 1,166 | — | 54,862
Disposals |  | (5,000) | — | (306) | — | (5,306)
Exchange differences | ​ | (179) | (132) | 333 | — | 22
31 December 2024 |  | 104,119 | 6,541 | 1,505 | — | 112,165
Net book value |  | 952,545 | 11,103 | 12,008 | 736,610 | 1,712,266
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | Other fixtures | Assets under |
EUR’000 | ​ | Vessels | Dry Dock | and fittings | Construction | Total
Cost 2023 | ​ | ​ | ​ | ​ | ​ | ​
Beginning of financial year |  | 282,282 | 9,261 | 536 | 356,163 | 648,242
Acquisition of businesses |  | 296,536 | 171 | 599 | 144,219 | 441,525
Additions | ​ | 227 | — | 3 | 73,169 | 73,399
Disposals |  | (8,002) | (291) | — | — | (8,293)
Exchange differences | ​ | (4,683) | (6) | (159) | (1,806) | (6,654)
31 December 2023 | ​ | 566,360 | 9,135 | 979 | 571,745 | 1,148,219
Accumulated depreciation and impairment | ​ | ​ | ​ | ​ | ​ | ​
Beginning of financial year | ​ | 39,570 | 2,023 | 445 | — | 42,038
Depreciation charge | ​ | 20,847 | 1,637 | 19 | — | 22,503
Disposals |  | (5,722) | (108) | — | — | (5,830)
Impairment on disposal |  | 5,000 | — | — | — | 5,000
Exchange differences |  | (968) | (4) | (152) | — | (1,124)
31 December 2023 |  | 58,727 | 3,548 | 312 | — | 62,587
Net book value |  | 507,633 | 5,587 | 667 | 571,745 | 1,085,632
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  |  |  | Other fixtures | Assets under |
EUR’000 |  | Vessels | Dry Dock | and fittings | Construction | Total
Cost 2022 |  |  |  |  |  |
Beginning of financial year |  | 258,148 | 1,983 | 536 | 158,734 | 419,401
Additions | ​ | 15,105 | 5,281 | — | 208,455 | 228,841
Transfer from assets under construction | ​ | 9,029 | 1,997 | — | (11,026) | —
31 December 2022 |  | 282,282 | 9,261 | 536 | 356,163 | 648,242
Accumulated depreciation |  | ​ | ​ | ​ | ​ | ​
Beginning of financial year |  | 19,629 | 300 | 386 | — | 20,315
Depreciation charge |  | 19,941 | 1,723 | 59 | — | 21,723
31 December 2022 |  | 39,570 | 2,023 | 445 | — | 42,038
Net book value |  | 242,712 | 7,238 | 91 | 356,163 | 606,204
​
Schedule of independent market values of each vessel | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Excess value (recoverable amount
EUR millions |  | Broker valuation |  | less carrying amount)
CGU | ​ | 2024 |  | 2023 |  | 2022 |  | 2024 |  | 2023 |  | 2022
WTGFIV | ​ | 1,103 | ​ | 574 | ​ | 380 | ​ | 227 | ​ | 58 | ​ | 160
Number of vessels |  | 4 |  | 3 |  | 2 |  | 4 |  | 3 |  | 2
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
O&MV |  | 89 |  | 95 |  | n/a |  | 1 |  | — |  | n/a
Number of vessels |  | 1 |  | 1 |  | — |  | 1 |  | 1 |  | —
Schedule of estimated useful life | Useful life

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- Definition The disclosure of detailed information about property, plant and equipment. [Refer: Property, plant and equipment] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 16 -IssueDate 2024-01-01 -Paragraph 73 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=16&code=ifrs-tx-2024-en-r&anchor=para_73&doctype=Standard -URIDate 2024-03-27 + Details
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- Definition The disclosure of information for an individual asset, including goodwill, or a cash-generating unit, for which an impairment loss has been recognised or reversed. [Refer: Goodwill; Impairment loss; Reversal of impairment loss; Total for all cash-generating units [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 36 -IssueDate 2024-01-01 -Paragraph 130 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=36&code=ifrs-tx-2024-en-r&anchor=para_130&doctype=Standard -URIDate 2024-03-27 + Details
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