Other disposals 
 
During the year the Group completed other disposals, none 
 of which were individually significant. 
 
 
  Net assets and proceeds of disposal                                Total 
                                                                   GBP'000 
 
Non-controlling interests                                              458 
Equity movement on transactions with non-controlling interests         781 
                                                                     1,239 
 
Deferred proceeds                                                    1,159 
Cash inflow on disposal during the year                                 80 
Total consideration                                                  1,239 
 
 
 
 
Group summary of the received consideration 
                                              JLT Spain    Other    Total 
                                                GBP'000  GBP'000  GBP'000 
 
Disposal consideration settled in cash              614       80      694 
Cash and cash equivalents 
- own cash in subsidiary sold                     (274)        -    (274) 
- fiduciary cash in subsidiary sold             (1,156)        -  (1,156) 
 
Cash outflow on disposal during the 
 year                                             (816)       80    (736) 
 

Jardine Lloyd Thompson Group plc

Notes to the Preliminary Results

For the year ended 31st December 2012

 
 20.  Principal risks - As with all businesses, the Group is exposed 
       to a range of financial and operational risks, not wholly within 
       its control, which could have a material impact on the Group's 
       financial performance. 
       The principal risks to which the Group is exposed are discussed 
       on pages 23 to 29 of the Annual Report & Financial Statements 
       for 2011. The Annual Report & Financial Statements for 2012 will 
       contain an updated discussion on these risks and will be posted 
       to shareholders no later than 2nd April 2013. 
 
 
 21.  The financial information contained in this preliminary announcement 
       does not constitute statutory accounts within the meaning of 
       the Companies Act 2006. The results for the year ended 31st 
       December 2012 are unaudited and statutory accounts have not 
       yet been delivered to the Registrar of Companies. 
 
 
 22.  Statutory accounts for the year ended 31st December 2012 will 
       be posted to shareholders no later than 2nd April 2013 and delivered 
       to the Registrar of Companies following the Annual General Meeting 
       on 30th April 2013. 
 
 
 23.  The shareholders entered in the Register of Members at 4.00pm 
       on 5th April 2013 will be entitled to the proposed final dividend 
       of 15.9p per share which will, subject to approval at the Annual 
       General Meeting to be held on 30th April 2013, be payable on 
       1st May 2013. 
 
 
24.  Forward-looking statements - 
      This document contains forward-looking statements with respect 
      to the operations, performance and financial condition of Jardine 
      Lloyd Thompson Group plc. By their nature, these statements are 
      subject to risks, assumptions and uncertainties that could cause 
      actual results to differ materially from those expressed or implied 
      because they relate to future events. 
 
      Unless otherwise required by applicable law, regulation or accounting 
      standard, we do not undertake to publicly update any forward-looking 
      statements, whether as a result of new information, future developments 
      or otherwise. Nothing in this presentation should be construed 
      as a profit forecast. 
25.  Copies of the preliminary press release (and statutory accounts 
      when available) may be obtained from the Company Secretary, Jardine 
      Lloyd Thompson Group plc, 6 Crutched Friars, London EC3N 2PH. 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

FR EANDLEEEDEFF

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