Reports & Accounts Summary Financial Performance (£m, except where noted) FY 2020 FY 2019 Key Performance Indicators Pre-Tax Operating Profit 16.0 8.0 Operating EPS 5.9 4.3 Tangible Net Asset Value 340.8 245.5 Tangible Net Asset Value per Share 124.4 125.3 Fiscal Year DPS 4.0 3.8 (cash) / 6.1 (non-cash) Distribution Payout Ratio 56% 93% IFRS Profit Before Tax 30.2 38.1 Profit Before Tax EPS 11.1 20.3 Net Asset Value per Share 142.4 147.2 Balance Sheet Information Total Assets 1,877.3 1,309.5 Cash and Investments 1,263.9 832.2 Gross Technical Provisions 1,770.4 1,072.2 Bank & Other Debt 243.4 142.7 Net Asset Value 390.3 288.3 Tangible Net Asset Value 340.8 245.5 Click here for the Annual Report 2020 Related Content Corporate Governance Statement Board Committees AIM Rule 26 Disclosure Regulatory News Risk Management Shareholder Information Share Price Summary Analyst Research Shareholder Notices Results of AGM and GM Distribution Policy Investor Presentations Investment Case Financial Calendar Investor Contacts Reports & Accounts Reports & Accounts Downloads Group Solvency Reports Corporate Alert Service R&Q About Us Our People News, Events & Insight Careers Modern Slavery Statement Awards Contact Us SUB NAVIGATION Program Management Legacy Acquisitions Investors Sitemap LEGAL INFORMATION Terms & Conditions Data Protection Privacy Notice – UK/EU Privacy Notice – UK/EU of non-UK/non-EU residents CONTACT US +44 (0) 207 780 5850 General Enquiries Email Investor Enquiries Email Corporate Alert Service