Table:
|  | 1st January 2019 | Change in year | 31st December 2019 |
| --- | --- | --- | --- |
|  | £m | £m | £m |
| Translation reserve | 30.3 | (45.0) | (14.7) |
| Net investment hedge reserve | (7.4) | 12.9 | 5.5 |
| Cash flow hedges reserve | – | 3.3 | 3.3 |
| Capital redemption reserve | 1.8 | – | 1.8 |
| Employee Benefit Trust reserve | (2.5) | (4.0) | (6.5) |
| Total other reserves | 22.2 | (32.8) | (10.6) |
Paragraphs:
21 Called up share capital and reserves
Other reserves in the Consolidated Statement of Changes in Equity on pages 151 to 152 are made up as follows:
The change in translation reserve includes a £1.4m credit transferred from retained earnings.
Question:
What does the change in translation reserve include?
Answer: a £1.4m credit transferred from retained earnings