12. Dividends
The dividends paid and proposed in respect of each class of share capital are as follows:
|
2017 €m |
2016 €m |
2015 €m |
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|
Dividends to shareholders |
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Preference |
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5% Cumulative Preference Shares €3,175 (2016: €3,175; 2015: €3,175) |
- | - | - | |||||||||
|
7% ‘A’ Cumulative Preference Shares €77,521 (2016: €77,521; 2015: €77,521) |
- | - | - | |||||||||
|
Equity |
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|
Final - paid 46.20c per Ordinary Share (2016: 44.00c; 2015: 44.00c) |
386 | 363 | 359 | |||||||||
|
Interim - paid 19.20c per Ordinary Share (2016: 18.80c; 2015: 18.50c) |
160 | 156 | 152 | |||||||||
|
Total |
546 | 519 | 511 | |||||||||
|
Reconciliation to Consolidated Statement of Cash Flows |
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|
Dividends to shareholders |
546 | 519 | 511 | |||||||||
|
Less: issue of scrip shares in lieu of cash dividends (note 30) |
(77) | (167) | (132) | |||||||||
|
Dividends paid to equity holders of the Company |
469 | 352 | 379 | |||||||||
|
Dividends paid by subsidiaries to non-controlling interests |
8 | 8 | 4 | |||||||||
|
Total dividends paid |
477 | 360 | 383 | |||||||||
|
Dividends proposed (memorandum disclosure) |
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|
Equity |
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|
Final 2017 - proposed 48.80c per Ordinary Share (2016: 46.20c; 2015: 44.00c) |
409 | 385 | 362 | |||||||||