Just Group Balance Sheet

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Equity & Preferred Securities	114	119	149	194	-
Other Investments	3,996	3,951	2,549	-	-
Total Investments	35,536	31,936	27,757	21,520	23,391
Cash & Equivalents	1,992	2,600	1,687	1,656	1,821
Reinsurance Recoverable	2,055	2,067	1,143	776	2,808
Other Receivables	35	50	64	39	65.6
Property, Plant & Equipment	34	20	22	22	14.2
Goodwill	43	34	34	34	34.1
Other Intangible Assets	4	6	7	13	11
Other Current Assets	659	822	718	903	129
Long-Term Deferred Tax Assets	416	387	406	449	-
Other Long-Term Assets	-	-	-	-	74.6
Total Assets	40,774	37,922	31,838	25,412	28,348
Accrued Expenses	77	59	50	43	43.1
Insurance & Annuity Liabilities	31,386	27,753	24,131	19,647	21,835
Reinsurance Payable	125	94	125	121	2,419
Current Portion of Long-Term Debt	2,013	1,968	1,512	-	44.9
Current Portion of Leases	-	-	-	-	3
Short-Term Debt	3,672	3,878	2,569	-	-
Long-Term Debt	530	682	686	699	774.3
Long-Term Leases	8	7	9	9	0.9
Long-Term Deferred Tax Liabilities	-	-	-	-	5.3
Other Current Liabilities	1,770	2,173	1,507	689	747.3
Other Long-Term Liabilities	83	62	46	3,101	34.8
Total Liabilities	39,664	36,676	30,635	24,309	25,908
Common Stock	104	104	104	104	103.9
Additional Paid-In Capital	95	95	95	95	94.6
Retained Earnings	-355	-219	-259	-354	977
Comprehensive Income & Other	1,266	1,266	1,265	1,260	1,266
Total Common Equity	1,110	1,246	1,205	1,105	2,442
Minority Interest	-	-	-2	-2	-1.9
Shareholders' Equity	1,110	1,246	1,203	1,103	2,440
Total Liabilities & Equity	40,774	37,922	31,838	25,412	28,348
Filing Date Shares Outstanding	1,039	1,039	1,039	1,039	1,039
Total Common Shares Outstanding	1,039	1,039	1,039	1,039	1,039
Total Debt	6,223	6,535	4,776	708	823.1
Net Cash (Debt)	-4,231	-3,935	-3,089	948	997.6
Net Cash Growth	-	-	-	-4.97%	-43.56%
Net Cash Per Share	-4.06	-3.74	-2.94	0.92	0.97
Book Value Per Share	1.07	1.20	1.16	1.06	2.35
Tangible Book Value	1,063	1,206	1,164	1,058	2,397
Tangible Book Value Per Share	1.02	1.16	1.12	1.02	2.31
Land	6	6	10	10	10.8
Machinery	41	25	21	20	16.9

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.