- 21. Derivative assets and liabilities
- 22. Reinsurers’ share of contract liabilities
- 23. Purchased interest in long term business
- 24. Deferred acquisition costs
- 25. Income tax
- 26. Other assets
- 27. Cash and cash equivalents
- 28. Share capital, share premium and treasury shares
- 29. Other reserves
- 30. Retained earnings
Back to Notes to the Financial Statements
29. Other reserves
| Currency translation reserve £m |
Share-based payments reserve £m |
Hedging reserve £m |
AFS £m |
Total £m |
|
|---|---|---|---|---|---|
| Balance at 1 January 2006 | (2) | 30 | 2 | 4 | 34 |
| Net change in financial investments designated as AFS | – |
– |
– |
7 |
7 |
| Net change in hedging reserve | – |
– |
(3) |
– |
(3) |
| Shares vested | – |
(12) |
– |
– |
(12) |
| Currency translation differences | 9 |
– |
– |
– |
9 |
| Net gains/(losses) not recognised in income statement | 9 | (12) | (3) | 7 | 1 |
| Employee share schemes: | |||||
| – Value of employee services | – | 14 | – | – | 14 |
| Balance at 31 December 2006 | 7 | 32 | (1) | 11 | 49 |
| Currency translation reserve £m |
Share-based payments reserve £m |
Hedging reserve £m |
AFS £m |
Total £m |
|
|---|---|---|---|---|---|
| Balance at 1 January 2005 | 10 | 14 | 2 | 12 | 38 |
| Net change in financial investments designated as AFS | – |
– |
– |
(10) |
(10) |
| Net change in hedging reserve | – |
– |
– |
– |
– |
| Shares vested | – |
– |
– |
– |
– |
| Currency translation differences | (12) |
– |
– |
2 |
(10) |
| Net losses not recognised in income statement | (12) | – | – | (8) | (20) |
| Employee share schemes: | |||||
| – Value of employee services | – | 16 | – | – | 16 |
| Balance at 31 December 2005 | (2) | 30 | 2 | 4 | 34 |