Just Annual Report and Accounts 2022

Just group PLC | Annual Report and accounts 2022

CONSOLIDATED STATEMENT OF FINANCIAL POSITION as at 31 December 2022

31 December 2022 £m

31 December 2021 £m

Note

Assets Intangible assets

103.8

13 14 15 16 35 23 18

119.7

22.4 40.3

Property, plant and equipment

14.2 69.6

Investment property Financial investments

23,477.2

24,681.7

194.3

Investments accounted for using the equity method

2,286.9

Reinsurance assets Deferred tax assets Current tax assets

2,808.2

93.2

5.7

30.2 75.6 35.4

85.0

Prepayments and accrued income Insurance and other receivables

322.8 482.0

19 20 14

Cash available on demand

510.2

Assets classified as held for sale

3.1

Total assets Equity Share capital Share premium

27,113.6

28,347.9

103.9

21 21

103.9

94.7

94.6

348.4 597.1

Reorganisation reserve

348.4 597.1

Merger reserve

21 14

3.0

Revaluation reserve Shares held by trusts Accumulated profit

2.8

(10.2)

(4.3)

721.0

977.0

Total equity attributable to shareholders of Just Group plc

1,857.9

2,119.5

322.4

Tier 1 notes

22

322.4

Total equity attributable to owners of Just Group plc 1

2,180.3

2,441.9

(2.5)

Non-controlling interest

35

(1.9)

Total equity

2,177.8

2,440.0

Liabilities Insurance liabilities Reinsurance liabilities

18,332.9

23 23 24 25 26 27 18

21,812.9

305.8

274.7

32.5

Investment contract liabilities

33.6

699.3

Loans and borrowings

774.3

8.6

Lease liabilities

3.9

5,250.2

Other financial liabilities Deferred tax liabilities

2,865.6

5.3 1.2

1.1

Other provisions

42.9

Accruals and deferred income Insurance and other payables

43.1 93.3

262.5

30

Total liabilities

24,935.8 27,113.6

25,907.9 28,347.9

Total equity and liabilities

1 Total equity attributable to owners of Just Group plc has been restated to include Tier 1 notes, which were previously presented separately within total equity.

The notes are an integral part of these financial statements.

The financial statements were approved by the Board of Directors on 6 March 2023 and were signed on its behalf by:

ANDY PARSONS Director

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