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Annual Report & Accounts 2005 - Notes to the Financial Statements
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10 Capital and reserves Reconciliation of movement in capital and reserves Attributable to equity holders of the parent In thousands of euro Note Share capital Share premium Retained earnings Total Incorporated 30 November 2004 31 ^ ^ 31 Shares issued 38,577 67,522 ^ 106,099 Equity settled transactions net of tax 12 ^ ^ 9 9 Total recognised income and expense ^ ^ 374 374 Balance at 31 December 2004 38,608 67,522 383 106,513 Balance at 1 January 2005 38,608 67,522 383 106,513 Equity settled transactions net of tax 12 ^ ^ 491 491 Dividend paid in year ^ ^ (9,559) (9,559) Total recognised income and expense ^ ^ 12,794 12,794 Balance at 31 December 2005 38,608 67,522 4,109 110,239 Share capital and share premium Year ended 31 December 1 month period ended 31 December Ordinary shares 2005 2004 On issue at beginning of year/period 31,135,762 25,000 Issued for cash in December 2004 ^ 31,110,762 On issue at end of the year/period 31,135,762 31,135,762 At 31 December 2005, the authorised share capital comprised 49,600,000 ordinary shares (2004: 49,600,000). The ordinary shares have a par value of e1.24. The holders of ordinary shares are entitled to receive dividends as declared from time to time and are entitled to one vote per share at meetings of the Company. Dividends After the balance sheet date the following dividends were proposed by the directors. The dividends have not been provided for and there are no income taxes consequences. Year ended 31 December 1 month period ended 31 December In thousands of euro 2005 2004 GBP 0.21 (e0.302) per qualifying ordinary share (2004: nil) 9,472 ^