Ur-Energy Inc. Annual reports filed by certain Canadian issuers pursuant to Section 15(d) and Rule 15d-4

Annual reports filed by certain Canadian issuers pursuant to Section 15(d) and Rule 15d-4

Capital assets

Capital assets

12 Months Ended

Dec. 31, 2011

Capital assets

The Company’s capital assets consists of the following

	As of December 31, 2011						As of December 31, 2010
			Accumulated		Net Book				Accumulated		Net Book
	Cost		Amortization		Value		Cost		Amortization		Value
	$		$		$		$		$		$

Rolling stock		1,922,483		1,465,362		457,121		1,922,483		1,129,598		792,885
Machinery and equipment		296,233		265,578		30,655		296,233		212,475		83,758
Furniture, fixtures and leasehold improvements		74,992		45,880		29,112		74,992		37,958		37,034
Information Technology		566,457		430,372		136,085		557,998		358,810		199,188
Pre-construction costs		2,881,336		-		2,881,336		2,096,762		-		2,096,762

		5,741,501		2,207,192		3,534,309		4,948,468		1,738,841		3,209,627

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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