Just Annual Report and Accounts 2021

FINANCIAL STATEMENTS

STRATEGIC REPORT

GOVERNANCE

STATEMENT OF FINANCIAL POSITION OF THE COMPANY AS AT 31 DECEMBER 2021

2021 £m

2020 £m

Company number: 08568957

Note

Assets Non-current assets Investments in Group undertakings

842.5

2 3

1,024.7 1,000.0 2,024.7

1,000.0 1,842.5

Loans to Group undertakings

Current assets Financial investments

167.7

4

45.0

0.2

Prepayments and accrued income Amounts due fromGroup undertakings

0.6

27.0 11.5

15.7 10.4 71.7

Cash available on demand

206.4

Total assets Equity Share capital Share premium Merger reserve

2,048.9

2,096.4

103.8

5 5

103.8

93.4

93.3

299.5

487.5

(4.3)

Shares held by trusts Accumulated profit

(5.4)

442.6 935.0 322.4

327.8

Total equity attributable to ordinary shareholders of Just Group plc

1,007.0

Tier 1 notes Total equity

294.0

1,257.4

1,301.0

Liabilities Non-current liabilities Subordinated debt

777.9 777.9

6

777.5 777.5

Current liabilities Other payables

13.6 13.6

17.9 17.9

Total liabilities

791.5

795.4

Total equity and liabilities

2,048.9

2,096.4

The Company has taken advantage of the exemption in Section 408 of the Companies Act 2006 not to present its own income statement and statement of comprehensive income. The loss arising in the year amounts to £9.6m, (2020: profit of £89.1m).

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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