9. Reserves
| Share premium account £m | Investment in own shares £m | Capital redemption reserve £m | Profit and loss account £m | Total £m |
At 1 April 2011 |
151.0 |
(0.6) |
0.2 |
311.5 |
462.1 |
Profit for the financial period |
— |
— |
— |
6.0 |
6.0 |
Share options exercised |
— |
4.6 |
— |
(2.5) |
2.1 |
Share-based payment transactions |
— |
— |
— |
2.1 |
2.1 |
Purchase of own shares |
— |
(18.0) |
0.1 |
(44.7) |
(62.6) |
Dividends |
— |
— |
— |
(44.2) |
(44.2) |
At 30 March 2012 |
151.0 |
(14.0) |
0.3 |
228.2 |
365.5 |
The Company settled dividends of £44.2m (2011: £46.2m) in the period, as detailed in note 8 to the Group financial statements.
Included in the profit and loss account is £118m of reserves that are not distributable (2011: £118m).