39. Company profit for the period

The profit attributable to equity shareholders dealt with in the Financial Statements of the Company was €5.3 million (2020: €15.2 million). In accordance with Section 304 of the Companies Act 2014, the Company is availing of the exemption from presenting its individual Income Statement to the Annual General Meeting and from filing it with the Registrar of Companies.

Disclosure of Directors’ remuneration paid in the reporting period ended 31 December 2021 and 2020 as required by Section 305 of the Companies Act 2014, is set out below.

2021

2020

€’000

€’000

Directors remuneration:

Emoluments

1,379

1,237

Pension contributions – Defined benefit

3

12

Pension contributions – Defined contribution

24

24

Gains from the exercise of options

335

774

1,741

2,047

There were no employees in the Company during the financial year ended 31 December 2021 (2020: nil). Costs of €2.3 million (2020: €2.4 million) were recharged to the Company from subsidiary companies in relation to management services.