- Independent auditors' report
- Consolidated income statement
- Consolidated statement of recognised income and expense
- Consolidated balance sheet
- Consolidated cash flow statement
- Company balance sheet
- Company statement of recognised income and expense and cash flow statement
- Notes to the financial statements
Notes to the financial statements
for the year ended 3 January 2009
29.Merger reserve - Group
| 2008 €'000 |
2007 €'000 |
|||
| Share premium - representing excess of fair value over nominal value of ordinary shares issued in connection with the merger of Avonmore Foods plc and Waterford Foods plc | 355,271 |
355,271 |
||
| Merger adjustment | (327,085) | (327,085) | ||
| Share premium and other reserves relating to nominal value of shares in Waterford Foods plc | 84,962 | 84,962 | ||
| 113,148 | 113,148 |
The merger adjustment represents the difference between the nominal value of the issued share capital of Waterford Foods plc and the fair value of the shares issued by Avonmore Foods plc in 1997 (now named Glanbia plc).