13. Reconciliation of movements in shareholders' funds

	Share capital £000s	Share premium £000s	Merger reserve £000s	Shares to be issued £000s	Revaluation reserve £000s	Employee trust shares £000s	Share scheme reserve £000s	Profit and loss reserve £000s	Total £000s
At 1 January 2006	6,048	88,043	5,738	3,307	32	(2,400)	2,394	9,097	112,259
Issue of new shares	115	1,793	4,904	(1,753)	–	–	–	–	5,059
Allocation of own shares	–	–	–	–	–	(642)	–	–	(642)
Shares to be issued	–	–	–	443	–	–	–	–	443
Share-based payment expense	–	–	–	–	–	–	1,659	–	1,659
Retained profit for the year	–	–	–	–	–	–	–	12,349	12,349
Dividend paid	–	–	–	–	–	–	–	(5,201)	(5,201)
At 31 December 2006	6,163	89,836	10,642	1,997	32	(3,042)	4,053	16,245	125,926
Transfer to profit and loss reserve	–	–	–	–	–	–	(4,053)	4,053	–
Issue of new shares	156	3,451	6,351	(1,771)	–	(523)	–	(1,281)	6,383
Sale of own shares	–	–	–	–	–	622	–	671	1,293
Expenses of issue of equity shares	–	(62)	–	–	–	–	–	–	(62)
Shares to be issued	–	–	–	(4)	–	–	–	–	(4)
Share-based payment expense	–	–	–	–	–	–	–	2,142	2,142
Tax on share-based payment expense	–	–	–	–	–	–	–	(448)	(448)
Retained profit for the year	–	–	–	–	–	–	–	8,381	8,381
Dividend paid	–	–	–	–	–	–	–	(6,144)	(6,144)
At 31 December 2007	6,319	93,225	16,993	222	32	(2,943)	–	23,619	137,467

14. Dividends

Full details of dividends paid by the Company are disclosed in Note 23 of the Consolidated Financial Statements.

15. Commitments under operating leases

At 31 December 2007 the Company had annual commitments under non-cancellable operating leases as set out below:

	31 Dec 2007 £000s	Land and buildings 31 Dec 2006 £000s	31 Dec 2007 £000s	Other 31 Dec 2006 £000s
Operating leases which expire:
Within one year	–	38	4	4
In two to five years	56	56	79	51
After five years	243	81	–	–
	299	175	83	55

16. Directors’ interests in transactions

There were no transactions during the year in which the Directors had any interest.

17. Purchase of undertakings

The Company acquired Geocon Group Services Limited. Full details of this acquisition are contained in Note 28 of the Consolidated Financial Statements.