 | 25 Reserves | | | | Non-distributable | | | | | | | Share
premium
£m | | Revaluation
reserve
£m | | Other
reserves
£m | | Profit and
loss
account
£m |  | | Group | | | | | | | | | At January 1, 2000 | 615 | | 112 | | 140 | | 812 | | Exchange adjustments | — | | — | | 1 | | 29 | | Scrip dividend adjustment | — | | — | | — | | 37 | | Ordinary shares issued relating to scrip dividend | (4) | | — | | — | | — | | Write-back of purchased goodwill relating to disposals | — | | — | | 41 | | — | | Arising on share issues (net of expenses) | 9 | | — | | — | | — | | Relating to Qualifying Employee Share Trust | 3 | | — | | — | | (3) | | Transfers between reserves | — | | (4) | | — | | 4 | | Retained loss for the year | — | | — | | — | | (43) | | | At December 31, 2000 | 623 | | 108 | | 182 | | 836 | | | Company | | | | | | | | | At January 1, 2000 | 615 | | 104 | | 167 | | 819 | | Scrip dividend adjustment | — | | — | | — | | 37 | | Ordinary shares relating to scrip dividend | (4) | | — | | — | | — | | Arising on share issues (net of expenses) | 9 | | — | | — | | — | | Relating to Qualifying Employee Share Trust | 3 | | — | | — | | (3) | | Transfers between reserves | — | | (3) | | — | | 3 | | Retained profit for the year | — | | — | | — | | 68 | | | At December 31, 2000 | 623 | | 101 | | 167 | | 924 | | The cumulative amount of goodwill, arising on the acquisition of undertakings still in the Group at December 31, 2000, written off against other reserves amounts to £387m (1999 £428m). The continuance of this basis, in respect of pre-1998 acquisitions, is permitted under the transitional arrangements of FRS 10. The undistributed profits of overseas subsidiary and joint ventures may be liable to overseas taxes and/or United Kingdom tax (after allowing for double tax relief) if remitted as dividends to the UK. No deferred tax has been provided on the basis that there is currently no intention to pay such dividends. |
