Lift up edges of paper to seal in present, wonder why edges now don't reach, and find cat between present and paper. Remove cat and retry.
Re-roll up ribbon and remove paper that is now torn, due to cat's enthusiasm in chasing ribbon end.
Retrieve old cardboard box that you know is right size for sheet of paper.
At time of handing over present, smile sweetly at receiver's face, as they try and hide their contempt at being handed such a badly wrapped present.