Below are the financial statements of Legal & General Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of GBP | 2024 | 2023 |
---|---|---|
Insurance revenue | 10,574a | 9,624a |
Insurance service expenses | -9,091a | -8,373a |
Insurance service result before reinsurance contracts held | 1,483a | 1,251a |
Net expense from reinsurance contracts held | -159a | -137a |
Insurance service result | 1,324a | 1,114a |
Investment return | 21,744a | 32,973a |
Finance income/(expense) from insurance contracts | 1,056a | -5,830a |
Finance (expense)/income from reinsurance contracts | -30a | 584a |
Change in investment contract liabilities | -22,196a | -27,116a |
Insurance and investment result | 1,898a | 1,725a |
Other operational income | 1,204a | 1,571a |
Fees from fund management and investment contracts | 864a | 825a |
Acquisition costs | -175a | -149a |
Other finance costs | -372a | -347a |
Other expenses | -2,877a | -3,430a |
Total other income and expenses | -1,356a | -1,530a |
Profit before tax | 542a | 195a |
Tax expense attributable to policyholder returns | -210a | -119a |
Profit before tax attributable to equity holders | 332a | 76a |
Total tax (expense)/credit | -347a | 248a |
Tax expense attributable to policyholder returns | -210a | -119a |
Tax (expense)/credit attributable to equity holders | -137a | 367a |
Profit for the year | 195a | 443a |
Attributable to | — | — |
Non-controlling interests | 4a | -14a |
Equity holders | 191a | 457a |
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