Just Annual Report and Accounts 2023

Strategic Report | Governance | Financial Statements | 139

CONSOLIDATED STATEMENT OF FINANCIAL POSITION as at 31 December 2023

31 December 2022 (restated) £m

1 January 2022 (restated) £m

31 December 2023 £m

Note

Assets Intangible assets

41 22 32

16 17 18 19 36 26 21

47 22 40

45 14 70

Property and equipment Investment property Financial investments

29,423

23,352

24,682

149

Investments accounted for using the equity method

194 776 449

1,143

Reinsurance contract assets

716 304

406

Deferred tax assets Current tax assets

4

6

30

12 60

Prepayments and accrued income

11 33

6

Other receivables

21

546

Cash available on demand

22

482

510

Assets classified as held for sale

3

Total assets Equity Share capital Share premium Other reserves Retained earnings

31,838

25,412

26,401

104

23 23 24

104

104

95

95

95

943

938

944

(259)

(354)

33

Total equity attributable to shareholders of Just Group plc

883 322

783 322

1,176

Tier 1 notes

25

322

Total equity attributable to owners of Just Group plc

1,205

1,105

1,498

(2)

Non-controlling interest

36

(2)

(2)

Total equity

1,203

1,103

1,496

Liabilities Insurance contract liabilities Reinsurance contract liabilities Investment contract liabilities

24,131

26 26 27 28 29

19,647

23,086

125

121

165

35

33

34

686

Loans and borrowings Other financial liabilities

699

774 721

5,588

3,669

3

Other provisions

1

1

47 20

Accruals and deferred income

43 96

43 81

Other payables Total liabilities

31

30,635 31,838

24,309 25,412

24,905 26,401

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 7 March 2024 and were signed on its behalf by:

MARK GODSON Director

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