8. Net deferred retirement benefit funding
8.1 Net deferred retirement benefit reserve funding in respect of the year
Note | 2016 €'000 |
2015 €'000 |
|
---|---|---|---|
Charge arising from employee service in reporting period | 9.5 | 13,120 | 15,737 |
Net interest expense | 9.5 | 384 | 475 |
Income applied to pay contributions to pension fund | 7.5 | (9,112) | (8,451) |
Net deferred retirement benefit funding | 4,392 | 7,761 |
8.2. Movement in the deferred retirement benefit funding
Note | 2016 €'000 |
2015 €'000 |
|
---|---|---|---|
Movement in amounts recoverable in respect of current year actuarial loss / (gain) |
9.6 |
18,347 |
(14,375) |