JUST GROUP PLC Annual Report and Accounts 2021
ADDITIONAL FINANCIAL INFORMATION CONTINUED
FINANCIAL INVESTMENTS CREDIT RATINGS The sector analysis of the Group’s financial investments portfolio by credit rating is shown below:
BB or below £m
Total £m 264
AAA £m
AA £m
A £m 99
BBB £m
Unrated £m
%
Basic materials
1.1 5.8 1.3 4.7 0.7 2.6 4.8 3.4 1.9 2.7 9.7 3.7 9.3 2.7 1.1 6.0 0.2
–
6
154 920 184 327 139 212 460 501
5
– – –
Communications and technology
1,430
122
153
198 101 281
37
Auto manufacturers
319
–
34
–
Consumer (staples including healthcare)
1,174
163
276
39
88 26
Consumer (cyclical)
187 633
– –
6
16
–
Energy Banks
219
131 392 145 102 230 204 115
71
–
1,192
58
91
152
39
Insurance
845 481 661
6
193 103
–
–
Financial – other
99 39
76
14 39
87
Real estate including REITs
28
325 215 577
– –
Government
2,415
407
1,589
–
Industrial
920
– –
88 82
22 10
118
Utilities
2,302
1,006
1,204
– – – – –
Commercial mortgages
678 263
33
203
281 123 398
161
– –
Ground Rent
134
_
6
Infrastructure loans
1,474
82
124
825
45
Other
38
–
_
38
_
–
Corporate/government bond total
15,276
61.7 30.0
1,143
3,195
3,860
6,286
434
358
Lifetime mortgages
7,423 1,311
Liquidity funds
5.3 3.0
Derivatives and collateral
741
Total
24,751
100.0
182
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