Group and Agency	2013 €'000	2012 €'000
Cost
Balance at 1 January	1,023	1,006
Additions	380	17
Balance at 31 December	1,403	1,023
Depreciation
Accumulated depreciation at 1 January	(192)	(100)
Depreciation charge for the year	(140)	(92)
Balance at 31 December	(332)	(192)
Net book value at 31 December	1,071	831

Property, plant and equipment includes lease fit out costs incurred to date. Capitalised lease fit out costs are depreciated on a straight line basis at a rate of 10% per annum in accordance with accounting policy 2.20. A full year's depreciation is charged in the year the lease fit out costs are incurred and capitalised.