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18 Group Profit and Loss Account Reserve
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| 1998 £m | 1997 £m |
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| At beginning of year | 2,529 | 2,530 |
| Retained profit for the financial year | 473 | 467 |
| Exchange movements | (50) | (43) |
| Goodwill reversed on disposals (charged on acquisitions) | 28 | (442) |
| Charge in respect of shares issued to qualifying employee share ownership trust | (50) | – |
| Transfer from share premium in respect of shares issued in lieu of cash dividends | – | 17 |
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| At end of year | 2,930 | 2,529 |
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