7. Capital and reserves

Share capital:

Ordinary shares (allotted, called-up and fully paid)

Number of
shares
£m
At 1 January 2012191,263,66733.0
Allotted in the year160,4210.1
At 31 December 2012191,424,08833.1

Details of share options in issue on the Company's share capital and share-based payments are set out in note 27 to the consolidated financial statements.

Reserves:

Share premium account
£m
Other reserves
£m
Profit and loss account
£m
Total
£m
At 1 January 2012176.9135.492.8405.1
Dividends paid(21.3)(21.3)
Loss for the year(7.5)(7.5)
Premium arising on issue of equity shares (net of expenses)0.20.2
Share-based payments3.93.9
Acquisition of own shares(11.0)(11.0)
Settlement of share options1.31.3
At 31 December 2012177.1129.664.0370.7

The other reserves are stated after deducting £11.3m (2011: £6.7m) relating to shares held in the Bodycote International Employee Benefit Trust. The Bodycote International Employee Benefit Trust holds Bodycote plc shares and satisfies awards made under various employee incentive schemes when issuance of new shares is not appropriate.

At 31 December 2012 4,373,136 (2011: 5,089,830) ordinary shares of 17 ³/11p each were held by the Bodycote International Employee Benefit Trust and, following recommendations by the employer, are provisionally allocated to satisfy awards under employee incentive schemes. The trust waives payment of dividend. The market value of these shares was £19.8m (2011: £13.4m).

Included in other reserves is the capital redemption reserve of £129.4m (2011: £129.4m).