Just Annual Report and Accounts 2021

FINANCIAL STATEMENTS

STRATEGIC REPORT

GOVERNANCE

CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2021

31 December 2021 £m

31 December 2020 £m

Note

Assets Intangible assets

119.7

13 14 15 16 23 18

133.5

14.2 69.6

Property, plant and equipment

20.5

Investment property Financial investments Reinsurance assets Deferred tax assets

24,681.7 2,808.2

23,269.8 3,132.6

11.5

30.2 75.6 35.4

Current tax assets

2.9

Prepayments and accrued income Insurance and other receivables

74.3 32.0

19 20 14

510.2

Cash available on demand

1,496.3

3.1

Assets classified as held for sale

Total assets Equity Share capital Share premium

28,347.9

28,173.4

103.9

21 21

103.8

94.6

94.5

348.4 597.1

Reorganisation reserve

348.4 597.1

Merger reserve

21 14

2.8

Revaluation reserve Shares held by trusts Accumulated profit

3.3

(4.3)

(5.4)

977.0

1,056.6 2,198.3

2,119.5

Total equity attributable to owners of Just Group plc

322.4

22 35

294.0

Tier 1 notes

(1.9)

Non-controlling interest

(1.9)

Total equity

2,440.0

2,490.4

Liabilities Insurance liabilities Reinsurance liabilities

21,812.9

23 23 24 25 26 27 18

21,118.4

274.7

267.1

33.6

Investment contract liabilities

42.8

774.3

Loans and borrowings

773.5

3.9

Lease liabilities

6.8

2,865.6

Other financial liabilities Deferred tax liabilities

3,305.1

5.3 1.2

22.8

Other provisions

1.0

43.1 93.3

Accruals and deferred income Insurance and other payables

53.9 91.6

30

Total liabilities

25,907.9 28,347.9

25,683.0 28,173.4

Total equity and liabilities

The notes are an integral part of these financial statements.

The financial statements were approved by the Board of Directors on 9 March 2022 and were signed on its behalf by:

Andy Parsons Director

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