The difference, if any, between the nominal value of the shares issued plus the fair
value of any other consideration given, and the nominal value of the shares received in
exchange shall be shown as a movement on other reserves in the consolidated
financial statements. Any existing balances on the share premium account or capital
redemption reserve of the new subsidiary shall be brought in by being shown as a
movement on other reserves. These movements shall be shown in the statement of
changes in equity.