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).