What are non-distributable reserves?

What are non-distributable reserves?
Non-distributable reserves are those shareholders' funds which cannot be distributed to shareholders in the form of dividends.They are recorded in a company's financial statements as share capital (the face value of shares issued), share premium (the excess of the issue price over the shares' face value) and other items such as revaluations of assets and some foreign exchange movements.Distributable reserves are those resulting from accumulated profits made by the company.