Investor Presentation
BALANCE SHEET
£m
Non-current assets
Goodwill
Intangible assets
Other investments
Property and equipment
Right-of-use assets
Unaudited
Unaudited
Audited
31 Mar 2021
31 Mar 2020
30 Sept 2020
70.9
71.5
29.9
34.1
70.9
32.2
0.1
0.1
0.1
2.0
2.7
2.4
2.1
2.8
2.4
Deferred tax asset
1.4
0.8
1.6
Trade and other receivables
0.8
0.2
0.4
107.2
112.1
110.0
Current assets
Financial assets at FVTPL
3.3
1.6
2.7
Trade and other receivables
167.8
67.0
44.4
Cash and cash equivalents
34.4
29.2
36.0
205.5
97.8
83.1
Total assets
312.7
209.9
193.1
Current liabilities
Trade and other payables
(175.1)
(74.0)
(53.0)
Current tax liabilities
(1.5)
(1.9)
(3.0)
Lease liabilities
(0.9)
(0.8)
(0.9)
(177.5)
(76.7)
(56.9)
Non-current liabilities
Provisions
(0.4)
(0.4)
(0.4)
Deferred tax liability
(3.7)
(4.1)
(4.1)
Lease liabilities
(1.6)
(2.5)
(2.1)
Total liabilities
(183.2)
(83.7)
(63.5)
Net assets
Equity
Share capital
129.5
126.2
129.7
0.1
0.1
0.1
Merger reserve
94.3
94.3
94.3
Own shares held by an EBT
(15.4)
(14.6)
(14.6)
Capital redemption reserve
4.5
4.5
4.5
Retained earnings
46.0
41.9
45.4
Total equity shareholders' funds
129.5
126.2
129.7
Premier Miton
INVESTORS
Intangible assets: investment management agreements
('IMAS') recognised on merger and amortised over 7 years
Right-of-use assets (and lease liabilities): recognition of
on-balance sheet leases due to IFRS 16
Financial assets FVTPL: seed investments in funds and
deferred remuneration
Trade and other receivables/payables: higher due to the
onboarding of all open-ended funds onto the in-house
ACD model
Deferred tax liability: recognised on IMA's arising from
merger
Own shares held by EBT: increase due to additional shares
purchased in the period
Investor presentation
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