27. Reconciliation of movements in shareholders’ funds

           
         

Share
Capital
Share
Capital
Conversion
Capital
Forest
Grants
Profit and
Loss
account


Total
  €’000 €’000 €’000 €’000 €’000
At 1 January 2011
795,060 6,145 151,273 272,072 1,224,550
Retained profit for the year - -  - 19,898 19,898
Actuarial loss recognised on pension schemes
- -  - (36,680) (36,680)
Deferred tax related to actuarial loss
- - - 1,642 1,642
Net movement in forestry grants - - 1,515 - 1,515
Dividends paid
- - - (10,000) (10,000)
At 31 December 2011 795,060 6,145 152,788 246,932 1,200,925