Notes on the Accounts

for the year ended 31st March 2012

33 Other reserves

33a Group

  Capital
redemption
reserve

£ million
Foreign
currency
translation
restated
£ million
Hedging
reserve

£ million
Total
other
reserves
restated
£ million
At 1st April 2010 6.5 70.0 (3.1) 73.4
Cash flow hedges:  
Gains taken to equity 4.4 4.4
Transferred to income statement (0.7) (0.7)
Fair value gains on net investment hedges 2.2 2.2
Currency translation differences on foreign currency net investments and related loans (restated) (note 39) (8.9) (8.9)
Tax on items taken directly to or transferred from equity (1.1) (1.0) (2.1)
At 31st March 2011 (restated) 6.5 62.2 (0.4) 68.3
Cash flow hedges:        
Gains taken to equity 8.3 8.3
Transferred to income statement (2.2) (2.2)
Fair value gains on net investment hedges 23.7 23.7
Currency translation differences on foreign currency net investments and related loans (53.7) (53.7)
Tax on items taken directly to or transferred from equity (1.4) (1.4)
At 31st March 2012 6.5 32.2 4.3 43.0

33b Parent company

  Capital
redemption
reserve

£ million
Foreign
currency
translation
£ million

Hedging
reserve
£ million
Total
other
reserves
£ million
At 1st April 2010 6.5 (5.0) (1.3) 0.2
Cash flow hedges:        
Gains taken to equity 2.6 2.6
Transferred to income statement (2.0) (2.0)
Currency translation differences on foreign operations 1.2 1.2
Tax on items taken directly to or transferred from equity (0.2) (0.2)
At 31st March 2011 6.5 (3.8) (0.9) 1.8
Cash flow hedges:        
Gains taken to equity 8.5 8.5
Transferred to income statement (1.8) (1.8)
Currency translation differences on foreign operations (0.1) (0.1)
Tax on items taken directly to or transferred from equity (1.6) (1.6)
At 31st March 2012 6.5 (3.9) 4.2 6.8
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