Just Annual Report and Accounts 2022

STRATEGIC REPORT

GOVERNANCE

financial statements

STATEMENT OF FINANCIAL POSITION OF THE COMPANY as at 31 December 2022

2022 £m

2021 £m

Company number: 08568957

Note

Assets Non-current assets Investments in Group undertakings

848.5

2 3

842.5

1,000.0

Loans to Group undertakings

1,000.0

1.3

Deferred tax

1,849.8

1,842.5

Current assets Financial investments

109.0

4

167.7

1.1

Prepayments and accrued income Amounts due from Group undertakings

0.2

27.2 11.1

27.0 11.5

Cash available on demand

148.4

206.4

Total assets Equity Share capital Share premium Merger reserve

1,998.2

2,048.9

103.9

5 5

103.8

93.5

93.4

299.5

299.5

(10.2)

Shares held by trusts Accumulated profit

(4.3)

476.1 962.8 322.4

442.6 935.0 322.4

Total equity attributable to ordinary shareholders of Just Group plc

Tier 1 notes Total equity

1,285.2

1,257.4

Liabilities Non-current liabilities Subordinated debt

702.5 702.5

25

777.9 777.9

Current liabilities Other payables

10.5 10.5

13.6 13.6

Total liabilities

713.0

791.5

Total equity and liabilities

1,998.2

2,048.9

The Company has taken advantage of the exemption in Section 408 of the Companies Act 2006 not to present its own income statement and statement of comprehensive income. The profit arising in the year amounts to £60.6m, (2021: loss of £9.6m).

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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