JUST GROUP PLC Annual Report and Accounts 2020
8
chief executive officer’s statement
2020 was a major landmark in the Group’s history. We achieved our goal of becoming capital self-sufficient and we now have more choices in how we deploy our resources. We have a resilient, sustainable business and are well placed to help even more people achieve a better later life
Solvency ii capital coverage ratio (estimated) 1 156 % 2019: 141% Organic capital generation 2 £ 221 m 2019: £36m adjusted operating profit before tax 2 £ 239.3 m 2019: £218.6m 1 Solvency II capital coverage ratio allows for a notional recalculation of TMTP at 31 December 2020. 2 Alternative performance measure. IFRS profit before tax £236.7m (2019: £368.6m).
Focusing on capital, sustainability and purpose
DAVID RICHARDSON Group Chief Executive Officer
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