2021 PPS INTEGRATED REPORT

PPS Integrated Report 2021 Consolidated Statement of Financial Position | 134 CONSOLIDATED STATEMENT OF FINANCIAL POSITION as at 31 December 2021 Group 2021 2020 Restated* 1 Jan 2020 Restated* Note R’m R’m R'm ASSETS Property and equipment 2 622 681 736 Investment property 3 371 460 501 Assets held for sale 4 60 – – Intangible assets 5 244 235 175 Deferred tax 18 192 179 171 Financial assets – Investments at fair value through profit or loss 6 52 788 45 470 40 630 Reinsurance assets 7,13,14 165 43 18 Insurance and other receivables 8 1 410 999 582 Current income tax asset 262 151 129 Cash and cash equivalents 9 3 554 2 306 2 349 TOTAL ASSETS 59 668 50 524 45 291 EQUITY Accumulated funds 10 296 320 294 Revaluation Reserve 11 11 30 42 Equity attributable to Group 307 350 336 Non-controlling interest 12 – (11) 3 TOTAL EQUITY 307 339 339 LIABILITIES Long-term insurance policy liabilities and PPS Profit-Share Accounts 13 39 621 35 417 33 380 Short-term insurance policy liabilities 14 109 64 39 Investment contract liabilities 15 4 205 3 194 2 589 Liabilities to outside unit trust holders 16 12 454 9 297 7 197 Borrowings 17 98 152 166 Deferred tax 18 798 394 138 Retirement benefit obligations 19 5 6 6 Employee related obligations 20 312 263 232 Reinsurance liabilities 7,13,14 – 22 62 Insurance and other payables 21 1 474 1 297 1 139 Current income tax liabilities 285 79 4 TOTAL LIABILITIES 59 361 50 185 44 952 TOTAL EQUITY AND LIABILITIES 59 668 50 524 45 291 * See Note 34

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