: notes to the accounts :
21. Deferred taxation
| all figures in £ millions |
1999
|
| Summary of movements | |
| At 31 December 1998 |
20
|
| Exchange differences |
(3)
|
| Subsidiary undertakings acquired/disposed |
(2)
|
| Net charge in the year |
6
|
|
|
|
| At 31 December 1999 |
21
|
|
|
|
| all figures in £ millions |
1999
|
1998
|
| Deferred taxation derives from | ||
| Capital allowances |
1
|
7
|
| Taxation on unremitted overseas earnings |
18
|
15
|
| Other timing differences |
2
|
(2)
|
|
|
|
|
|
21
|
20
|
|
|
|
|
|
| Deferred taxation not provided | ||
| Relating to revalued assets and timing differences |
4
|
(1)
|
| Relating to gains subject to roll-over relief |
1
|
2
|
|
|
|
|
|
5
|
1
|
|
|
|
|
|
Note : The Group has calculated deferred tax not provided on rolled over gains in 1999 taking into account the indexation allowance which would be deductible on a disposal of the asset into which the gain was rolled. 1998 has been restated on this basis.
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