Just group PLC | Annual Report and accounts 2022
ADDITIONAL FINANCIAL INFORMATION continued
FINANCIAL INVESTMENTS CREDIT RATINGS The sector analysis of the Group’s financial investments portfolio by credit rating is shown below:
Total £m 270
AAA £m
AA £m
A £m
BBB £m 157 741
BB or below £m
Unrated £m
%
Basic materials
1.3 6.5 1.2 5.1 0.7 2.6 5.5 3.0 4.7 2.1 7.8 3.1
–
–
103 249 218 193
10 46
– – –
Communications and technology
1,327
100
191
Auto manufacturers
250
–
–
26
6
Consumer (staples including healthcare)
1,012
127
245
354 125 160 456 363
15
78
Consumer (cyclical)
142 535
– –
4
13
0
– – – –
Energy Banks
181
105 568
89
1,120
35
61
–
Insurance
607 956 437
6
142
96
(0)
Financial – other
59 31
85 15
270
43
324
175
Real estate including REITs
96
267 258 430
28
– –
Government
1,596
340
782
216
–
Industrial
622
– –
63
71
24 12
34
Utilities
2,266
11.0
115 144
797 253
1,342
– – – – –
584 291
2.9 1.4 9.0 0.2
77
110
(0) (0)
Commercial mortgages
Ground Rent
138
7
81
65
Infrastructure loans
1,811
71
103
474
1,137
26
Other
42
–
–
42
–
0
Corporate/government bond total
13,868
68.1 26.1
984
2,138
3,845
6,034
580
287
Lifetime mortgages
5,306 1,174
Liquidity funds
5.8
Investments portfolio Derivatives and collateral
20,348
100.0
3,169
Total
23,517
192
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