37. CAPITAL AND RESERVES

CALLED-UP SHARE CAPITAL £M CAPITAL REDEMPTION RESERVE
£M
SHARE PREMIUM ACCOUNT
£M
PROFIT AND LOSS ACCOUNT RESERVE
£M
REVALUATION RESERVE
£M
TOTAL
£M

31 December
1996
42 2121 36337565
Shares issued during the year - - 35 - - 35
Shares repurchased during the year - - - (21) - (21)
Retained loss for the year - - - (8) - (8)

31 December
1997
42 2 156 334 37 571

The retained loss for the year represents dividends paid to shareholders and certain administrative costs less dividends from Reuters Limited.
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