Dividends (Tables)

12 Months Ended

Dec. 31, 2017

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Summary of Dividends Paid and Proposed

The dividends paid and proposed in respect of each class of share capital are as follows:

	2017 €m		2016 €m		2015 €m
Dividends to shareholders
Preference
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
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
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)
Equity
Final 2017 - proposed 48.80c per Ordinary Share (2016: 46.20c; 2015: 44.00c)		409		385		362