8. Net deferred retirement benefit funding
8.1. Net deferred retirement benefit reserve funding in respect of the year
Note | 2017 €000 |
2016 €000 |
|
---|---|---|---|
Charge arising from employee service in reporting period | 9.5 | 15,915 | 13,120 |
Net interest expense | 9.5 | 766 | 384 |
Income applied to pay contributions to pension fund | 7.4 | (9,148) | (9,112) |
Net deferred retirement benefit funding | 7,533 | 4,392 |
8.2. Movement in the deferred retirement benefit funding
Note | 2017 €000 |
2016 €000 |
|
---|---|---|---|
Movement in amounts recoverable in respect of current year actuarial (gain)/loss |
9.6 |
(15,491) |
18,347 |