Notes to the Accounts
19. Deferred taxation
| All figures in £ millions | |
| Summary of movements | |
| At 31 December 1996 | 30.3 |
| Exchange differences | (1.5) |
| Subsidiary undertakings acquired/ disposed | 0.7 |
| Net charges for the year | 12.9 |
| Transfer to current taxation | (5.2) |
| At 31 December 1997 | 37.2 |
| 1997 | 1996 | |
| All figures in £ millions | ||
| Deferred taxation derives from | ||
| Capital allowances | 25.3 | 21.6 |
| Revalued assets | - | 1.1 |
| Other timing differences | 11.9 | 7.6 |
| 37.2 | 30.3 | |
| Deferred taxation not provided | ||
| Relating to revalued assets and timing differences | 6.7 | 7.2 |
| Relating to gains subject to rollover relief | 17.8 | 18.9 |
| 24.5 | 26.1 | |
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