TIDMLGEN

RNS Number : 8467Y

Legal & General Group Plc

08 March 2017

Legal & general group plc

ANNUAL FINANCIAL REPORT

Further to the release of the Company's Preliminary Results announcement earlier today, the Company announces that it has also published its Annual Report & Accounts 2016 (or 'Annual Financial Report'). The Annual Financial Report is now available on the Company's website at http://www.legalandgeneralgroup.com/investors/reporting-centre.asp alongside the Full Year Results announcement which can be found at

http://www.legalandgeneralgroup.com/investors/news_releases/releases.asp

In accordance with paragraph 9.6.1 of the FCA Listing Rules, a copy of the Annual Financial Report has been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM

The Company's Notice of Annual General Meeting 2017 and ancillary documents, together with hard copies of the Annual Report & Accounts 2016 will be made available to shareholders on 18 April 2017.

ADDITIONAL INFORMATION

A condensed set of the Company's financial statements, information on important events that have occurred during the financial year and their impact on the financial statements and a description of the principal risks and uncertainties were included in the preliminary results announcement released earlier today. That information, together with the information set out below, which is extracted from the Annual Report and Accounts 2016, is provided in accordance with the Disclosure Guidance and Transparency Rule 6.3.5. This information should be read in conjunction with the Company's preliminary results announcement. This announcement is not a substitute for reading the full Annual Report and Accounts 2016. Page, note and section references below refer to the corresponding pages and/or notes/sections in the Annual Report and Accounts 2016.

Statement of directors' responsibilities

The directors are responsible for preparing the Annual Report and Accounts, including the Directors' Remuneration Report and the financial statements, in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have prepared the group financial statements in accordance with International Financial Reporting Standards ('IFRSs') as adopted by the European Union ('EU'), and the company financial statements in accordance with United Kingdom ('UK') Generally Accepted Accounting Practice ('GAAP') (UK Accounting Standards, comprising FRS 101 'Reduced Disclosures Framework', and applicable law). Under company law, the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the group and the company and of the profit or loss of the group and the company for that period. In preparing these financial statements, the directors are required to:

 
 -   select suitable accounting policies and 
      then apply them consistently; 
 -   state whether applicable IFRSs as adopted 
      by the EU have been followed for the group 
      financial statements and UK Accounting 
      Standards, comprising FRS 101, have been 
      followed for the company financial statements, 
      subject to any material departures disclosed 
      and explained in the financial statements; 
 -   make judgements and accounting estimates 
      that are reasonable and prudent; 
 -   state whether IFRSs as adopted by the 
      EU and applicable UK Accounting Standards, 
      comprising FRS 101 'Reduced Disclosures 
      Framework', have been followed, subject 
      to any material departures disclosed and 
      explained in the group and the company 
      financial statements respectively; and 
 -   prepare the financial statements on the 
      going concern basis unless it is inappropriate 
      to presume that the group and the company 
      will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the group and the company's transactions and disclose with reasonable accuracy at any time the financial position of the group and the company and enable them to ensure that the financial statements and the Directors' Remuneration Report comply with the Companies Act 2006 and, as regards the group financial statements, Article 4 of the IAS Regulation.

The directors are also responsible for safeguarding the assets of the group and the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the group's and the company's website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The directors consider that the annual report and accounts, taken as a whole, is fair, balanced and understandable and provides the information necessary for shareholders to assess the group's and the company's performance, business model and strategy.

Each of the directors who held office at the date this report was approved, whose names and functions are listed in the Board of directors section, confirm that, to the best of their knowledge:

 
 -   the company's financial statements, which 
      have been prepared in accordance with 
      UK GAAP (UK Accounting Standards, comprising 
      FRS 101 'Reduced Disclosures Framework', 
      and applicable law), give a true and fair 
      view of the assets, liabilities, financial 
      position and profit of the company; 
 -   the group financial statements, which 
      have been prepared in accordance with 
      IFRSs as adopted by the EU, give a true 
      and fair view of the assets, liabilities, 
      financial position and profit of the group; 
      and 
 -   the Strategic report includes a fair review 
      of the development and performance of 
      the business and the position of the group 
      and the company, together with a description 
      of the principal risks and uncertainties 
      that it faces.

In the case of each director who held office at the date this report was approved:

 
 (a)   so far as the director is aware, there 
        is no relevant audit information of which 
        the group's and company's auditors are 
        unaware; and 
 (b)   they have taken all the steps that they 
        ought to have taken as a director in order 
        to make themselves aware of any relevant 
        audit information and to establish that 
        the group's and company's auditors are 
        aware of that information. 
 
 
 Name of person making    Helen Baker 
  notification:            Deputy Company Secretary 
 Contact number:          020 3124 2139 
 Date of notification:    8 March 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 08, 2017 05:00 ET (10:00 GMT)

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