Notes

2023

£’000

2022

£’000

Assets

Non-current assets

Investments

6, 8

1,007,206

1,060,989

1,007,206

1,060,989

Current assets

Trade and other receivables

11

1,368

729

Cash and cash equivalents

10

207,155

109,848

208,523

110,577

Total assets

1,215,729

1,171,566

Liabilities

Current liabilities

Trade and other payables

12

8,690

4,076

Borrowings

21

Total liabilities

8,690

4,076

Net assets attributable to shareholders

1,207,039

1,167,490

Equity

Share capital

18

1,764

1,764

Share premium

18

172,102

172,102

Retained earnings

1,033,173

993,624

Total shareholders' equity

1,207,039

1,167,490

Net Assets per ordinary share

Basic and diluted net assets per share

17

£6.84

£6.62

Ordinary shares in issue at 31 December (‘000)

18

176,418

176,418