ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021
Evolving.
OUR PURPOSE
The Group's business model centres on making financial planning and investment easier.
We enable clients and their families, through their financial adviser, to hold their investments, across all tax wrappers, on our insourced investment platform - Transact. We also provide advisers with a tool that supports end-to-end financial advice.
We facilitate all saving, inter-generational planning and investment activity through the Transact investment platform. We provide custody, tax wrapping, trading and reporting. We do not provide financial advice, we leave that to advisers that use our investment platform.
We make financial planning more efficient and straightforward through our people delivering great service through great systems.
FINANCIAL YEAR 2021 HIGHLIGHTS
OPERATIONAL HIGHLIGHTS | FINANCIAL HIGHLIGHTS |
Funds Under Direction*:
£52.11bn 27%
(2020: £41.09bn)
Net inflows*:
£4.95bn | 38% |
(2020: £3.59bn) | |
Client numbers: | |
208.6k | 9% |
(2020: 191.9k) | |
Client retention: | |
(2020: 96%) | 96% |
Adviser numbers: | |
6.5k | 5% |
(2020: 6.2k) | |
Revenue:
£123.7m 15%
(2020: £107.3m)
Operating profit attributable to shareholders:
£63.2m | 14% |
(2020: £55.3m) | |
Profit after tax: | |
£51.1m | 12% |
(2020: £45.5m) | |
Earnings per share: | |
15.4p | 12% |
(2020: 13.7p) | |
Shareholder returns in 2021*: | |
10.0p | 20% |
(2020: 8.3p) | |
* Alternative performance measures (APMs)
APMs are financial measures which are not defined by IFRS, these have been indicated with an asterisk. They are used in order to provide better insight into the performance of the Group. Further details are provided in the glossary, on page 202.
Performance Highlights | Financial Statements | ||||
Independent Auditor's Report................................................. | 130 | ||||
Strategic Report | Consolidated Statement of Comprehensive Income.......................... | 140 | |||
Chair's Statement.................... | 2 | Company Statement of Comprehensive Income ............................. | 141 | ||
Chief Executive Officer's | Consolidated Statement of Financial Position................................. | 142 | |||
Statement............................ | 4 | Company Statement of Financial Position..................................... | 143 | ||
Transact - Our Business Model...... | 7 | Consolidated Statement of Cash Flows........................................ | 144 | ||
Our Strategic Objectives............ | 12 | Company Statement of Cash Flows........................................... | 145 | ||
Key Performance Indicators........ | 18 | Consolidated Statement of Changes in Equity................................ | 146 | ||
Market Overview.................... | 21 | Company Statement of Changes in Equity.................................... | 147 | ||
Financial Review.................... | 26 | Notes to the Financial Statements............................................ | 148 | ||
Risk and Risk Management......... | 40 | ||||
Going Concern and Viability | Other Information | ||||
Statement........................... | 52 | Directors, Company Details, Advisers......................................... | 200 | ||
Corporate Social Responsibility..... | 55 | Glossary of Terms.............................................................. | 201 | ||
Companies Act Section 172........ | 63 | Glossary of Alternative Performance Measures ("APMs")..................... | 202 | ||
Approval of the Strategic | |||||
Report............................... | 65 | ||||
Governance ................... | 66 | ||||
Board of Directors | |||||
Corporate Governance Report...... | 69 | ||||
Audit and Risk Committee | |||||
Report............................... | 75 | ||||
Nomination Committee Report..... | 82 | ||||
Directors' Remuneration Report.... | 87 | ||||
Directors' Report................... | 122 | ||||
Statement of Directors' | |||||
Responsibilities..................... | 128 | ||||
INTEGRAFIN ANNUAL REPORT YEAR ENDED 30 SEPTEMBER 2021 1
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IntegraFin Holdings plc published this content on 19 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2022 08:31:09 UTC.