Cazoo Group Ltd Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Intangible assets and goodwill (Tables)

12 Months Ended

Dec. 31, 2022

	Goodwill			Development costs and software			Customer relationships			Brand			Domain names			Total
	£’000			£’000			£’000			£’000			£’000			£’000
Cost
At December 31, 2020		22,693			5,353			-			-			51			28,097
Additions		-			14,237			-						22			14,259
Acquisition of subsidiaries		196,147			36,588			21,109			2,746			-			256,590
At December 31, 2021		218,840			56,178			21,109			2,746			73			298,946
Additions		-			18,078			-			-			55			18,133
Acquisition of subsidiaries		50,597			2,592			3,669			4,158			-			61,016
Assets held for sale		-			(2,487	)		-			-			-			(2,487	)
At December 31, 2022		269,437			74,361			24,778			6,904			128			375,608

Accumulated amortization
At December 31, 2020		-			(1,428	)		-			-			(9	)		(1,437	)
Charge for the year		-			(6,622	)		(21,109	)		(2,746	)		(25	)		(30,502	)
Impairment loss		-			(5,493	)		-			-			-			(5,493	)
At December 31, 2021		-			(13,543	)		(21,109	)		(2,746	)		(34	)		(37,432	)
Charge for the year		-			(18,641	)		(653	)		-			(38	)		(19,332	)
Impairment loss		(269,437	)		(26,622	)		(3,016	)		(4,158	)		-			(303,233	)
Assets held for sale		-			758			-			-			-			758
At December 31, 2022		(269,437	)		(58,048	)		(24,778	)		(6,904	)		(72	)		(359,239	)

Net book value
At December 31, 2022		-			16,313			-			-			56			16,369
At December 31, 2021		218,840			42,635			-			-			39			261,514