Ur-Energy Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Capital Assets

Capital Assets

12 Months Ended

Dec. 31, 2015

Capital Assets

Capital Assets

8.Capital Assets

The Company’s capital assets consist of the following:


	As of			As of
	December 31, 2015			December 31, 2014
		Accumulated	Net Book		Accumulated	Net Book
	Cost	Depreciation	Value	Cost	Depreciation	Value
	$	$	$	$	$	$

Rolling stock	3,819	3,179	640	3,878	2,852	1,026
Enclosures	32,987	3,578	29,409	32,968	1,927	31,041
Machinery and equipment	1,031	507	524	992	426	566
Furniture, fixtures and leasehold improvements	119	92	27	119	81	38
Information technology	1,111	923	188	1,119	797	322

	39,067	8,279	30,788	39,076	6,083	32,993

In August 2013, the Company received permission from the NRC to begin production at the Lost Creek facility. At that time, the Company reclassified its construction in progress assets to enclosures as well as machinery and equipment.

Total depreciation expense was $6.5 million, $7.6 million and $0.5 million for the years ended December 31, 2015, 2014 and 2013, respectively.