109
FINANCIAL STATEMENTS
CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2020
31 December 2019 Restated (note 2) £m
1 January 2019 Restated (note 2) £m
31 December 2020 £m
Note
Assets Intangible assets
133.5
14 15 16
154.4
171.0
20.5
Property, plant and equipment
26.8
21.4
23,269.8
Financial investments
21,606.0 19,252.5
Investment in joint ventures and associates
–
–
0.3
3,132.6
Reinsurance assets Deferred tax assets Current tax assets
23 18
3,860.6 4,350.8
11.5
11.5
18.6 42.1 67.9 18.9
2.9
–
74.3 32.0
Prepayments and accrued income Insurance and other receivables
70.6 25.5
19 20
1,496.3 28,173.4
Cash and cash equivalents
267.0
113.9
Total assets Equity Share capital Share premium
26,022.4
24,057.4
103.8
21 21
103.5
94.1 94.5
94.5
94.5
348.4 597.1
Reorganisation reserve
348.4 597.1
348.4 532.7
Merger reserve
21 15
3.3
Revaluation reserve Shares held by trusts Accumulated profit
4.4
4.4
(5.4)
(6.0)
(6.2)
1,056.6 2,198.3
885.9
596.5
Total equity attributable to owners of Just Group plc
2,027.8 1,664.4
294.0
Tier 1 notes
22 36
294.0
–
(1.9)
Non-controlling interest
(0.8)
(0.6)
Total equity
2,490.4
2,321.0 1,663.8
Liabilities Insurance liabilities Reinsurance liabilities
21,118.4
23 23 24 25 26 27 18 30
19,003.7 17,273.8
267.1
128.6
111.6 197.8 573.4
Investment contract liabilities
42.8
54.0
773.5
Loans and borrowings
660.0
6.8
Lease liabilities
12.4
–
3,305.1
Other financial liabilities Deferred tax liabilities
3,678.9 4,063.3
22.8
26.3
32.2
1.0
Other provisions
1.8
0.7 3.5
Current tax liabilities
–
10.2 52.9 72.6
53.9 91.6
Accruals and deferred income Insurance and other payables
59.0 78.3
31
25,683.0 28,173.4
Total liabilities
23,701.4 22,393.6 26,022.4 24,057.4
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 15 March 2021 and were signed on its behalf by:
Andy Parsons Director
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