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28 Capital redemption and other reserves

 

 

Capital
redemption
reserve
£m

 

Currency
translation
reserve
£m

 

Share-
based
payments
reserve
£m

 

Hedging
reserve
£m

 

AFS
£m

 

Total
£m

As at 1 January 2008

 

6

 

4

 

37

 

(1)

 

13

 

59

Losses on AFS assets recognised directly in equity

 

 

 

 

 

(56)

 

(56)

Shares vested

 

 

 

(17)

 

 

 

(17)

Currency translation differences

 

 

(43)

 

 

 

(10)

 

(53)

Cancellation of shares under the share buyback programme

 

11

 

 

 

 

 

11

Net gains/(losses) not recognised in income statement

 

11

 

(43)

 

(17)

 

 

(66)

 

(115)

Employee share schemes:

 

 

 

 

 

 

 

 

 

 

 

 

– Value of employee services

 

 

 

14

 

 

 

14

As at 31 December 2008

 

17

 

(39)

 

34

 

(1)

 

(53)

 

(42)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital
redemption
reserve
£m

 

Currency
translation
reserve
£m

 

Share-
based
payments
reserve
£m

 

Hedging
reserve
£m

 

AFS
£m

 

Total
£m

As at 1 January 2007

 

 

7

 

32

 

(1)

 

11

 

49

Gains on AFS assets recognised directly in equity

 

 

 

 

 

1

 

1

Shares vested

 

 

 

(11)

 

 

 

(11)

Currency translation differences

 

 

(3)

 

 

 

1

 

(2)

Cancellation of shares under the share buyback programme

 

6

 

 

 

 

 

6

Net gains/(losses) not recognised in income statement

 

6

 

(3)

 

(11)

 

 

2

 

(6)

Employee share schemes:

 

 

 

 

 

 

 

 

 

 

 

 

– Value of employee services

 

 

 

16

 

 

 

16

As at 31 December 2007

 

6

 

4

 

37

 

(1)

 

13

 

59