Notes to the accounts
25 Reconcilation of movement in shareholders' funds
2000
£000
1999
£000
Profit for the year
Dividends paid and proposed
14,530
(6,263)
15,749
(6,332)
Share capital issued
8,267
293
9,417
262
Net increase in shareholders’ funds
Opening shareholders’ funds
8,560
86,811
9,679
77,132
Closing shareholders’ funds
95,371
86,811
The cumulative amount of goodwill written off to reserves is £5,803,000 (1999: £5,803,000).
