Annual Report 2013

Reconciliation of Movement on Shareholders’ Funds
For the year ended 27 March 2013

 

Note

Called up Share Capital

Share Premium

Profit and Loss account

Revaluation Reserve

Shareholders’ Funds

 

’000

’000

’000

’000

’000

THE GROUP

 

 

 

 

 

 

Loss for the financial year ended 28 March 2012

 

0

0

(15,975)

0

(15,975)

Dividend paid

3

0

0

(4,332)

0

(4,332)

Loss retained for the financial year ended 28 March 2012

 

0

0

(20,307)

0

(20,307)

Actuarial loss recognised on pension schemes

25

0

0

(31,379)

0

(31,379)

Deferred tax related to actuarial loss

17(e)

0

0

3,864

0

3,864

Revaluation of investment property

9

0

0

0

(2,463)

(2,463)

Exchange profit on translation of foreign subsidiaries

 

0

0

216

0

216

Net decrease in shareholders’ funds

 

0

0

(47,606)

(2,463)

(50,069)

Shareholders’ funds at 30 March 2011

 

82,804

1,959

144,164

2,463

231,390

Shareholders’ funds at 28 March 2012

 

82,804

1,959

96,558

0

181,321

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Profit for the financial year ended 27 March 2013

0

0

9,232

0

9,232

Dividend paid

3

0

0

(2,500)

0

(2,500)

Profit retained for the financial year ended 27 March 2013

0

0

6,732

0

6,732

Actuarial loss recognised on pension schemes

25

0

0

(16,247)

0

(16,247)

Deferred tax related to actuarial loss

17(e)

0

0

1,870

0

1,870

Exchange loss on translation of foreign subsidiaries

0

0

(4)

0

(4)

Net decrease in shareholders’ funds

0

0

(7,649)

0

(7,649)

Shareholders’ funds at 28 March 2012

82,804

1,959

96,558

0

181,321

Shareholders’ funds at 27 March 2013

82,804

1,959

88,909

0

173,672

 

Note

Called up Share Capital

Share Premium

Profit and Loss account

Shareholders’ Funds

 

’000

’000

’000

’000

THE COMPANY

 

 

 

 

 

Loss for the financial year ended 28 March 2012

 

0

0

(36,922)

(36,922)

Dividend received

 

0

0

85,000

85,000

Dividend paid

3

0

0

(4,332)

(4,332)

Net increase in shareholders’ funds

 

0

0

43,746

43,746

Shareholders’ funds at 30 March 2011

 

82,804

1,959

8,339

93,102

Shareholders’ funds at 28 March 2012

 

82,804

1,959

52,085

136,848

 

 

 

 

 

 

Loss for the financial year ended 27 March 2013

0

0

(34,443)

(34,443)

Dividend paid

3

0

0

(2,500)

(2,500)

Net decrease in shareholders’ funds

0

0

(36,943)

(36,943)

Shareholders’ funds at 28 March 2012

82,804

1,959

52,085

136,848

Shareholders’ funds at 27 March 2013

82,804

1,959

15,142

99,905

In accordance with Section 148(8) of the Companies Act, 1963 and Section 7(1A) of the Companies (Amendment) Act, 1986, the Company is availing of the exemption from presenting its individual profit and loss account to shareholders at the annual general meeting and from filing it with the Registrar of Companies. The Company’s result for the financial year, determined in accordance with Irish GAAP, is a trading loss of 34,443,000 (2012: loss of 36,922,000) and a retained loss of 36,943,000 (2012: retained profit of 43,746,000).

On behalf of the Board:

John Horgan Gabriel D’Arcy
Chairman Managing Director