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Presentation to the States Assembly of the 2021 Annual Reports and Accounts of the wholly and majority owned States-owned entities: report

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STATES OF JERSEY

PRESENTATION TO THE STATES ASSEMBLY OF THE 2021 ANNUAL REPORTS AND ACCOUNTS OF THE WHOLLY AND MAJORITY OWNED STATES-OWNED ENTITIES: REPORT

Presented to the States on 29th June 2022

by the Assistant Minister for Treasury & Resources

STATES GREFFE

2022  R.96

2

REPORT

The Minister for Treasury and Resources has authority under the Public Finances (Jersey) Law 2019 to represent the States of Jersey as shareholder of the following wholly and majority owned States-owned entities: -

Andium Homes Limited

Jersey Electricity Plc

Jersey Post International Limited

JT Group Limited

Ports of Jersey Limited

The Jersey New Waterworks Company Limited

The States of Jersey Development Company Limited.

The Minister has delegated to her Assistant Minister certain functions, including the Minister's responsibility in respect of the States-owned entities in accordance with Article 53 of the Public Finances (Jersey) Law 2019.

The Assistant Minister for Treasury and Resources has approved for presentation to the States Assembly the 2021 Annual Reports and Accounts of the States-owned entities in order to maintain openness and transparency with regard to the management of the States' assets.

Members may access the respective annual reports and accounts by following the links below:-

Andium Homes Limited - Andium-Homes-Annual-Report-2021.pdf (andiumhomes.je)

Jersey Electricity Plc – https://www.jec.co.uk/media/nq1bebmp/jec_annualreport_2021.pdf

Jersey  Post  International  Limited   10584_annual_report_2021_spreads-2.pdf (jerseypost.com)

JT Group Limited - https://www.jtglobal.com/global/jt-together/

Ports of Jersey Limited - https://www.ports.je/pdfviewer/poj-annual-report-2021

The  Jersey  New  Waterworks  Company  Limited  -  https://www.jerseywater.je/wp- content/uploads/2021/12/Jersey-Water-Annual-Report-2021.pdf?x16154

The  States  of  Jersey  Development  Company  Limited   2021-annual-report- accounts.pdf (jerseydevelopment.je)

Printed copies of the 2021 annual reports and accounts are not being provided by the States-owned entities given the general desire to move to paperless operations so far as is reasonable. Members may however request copies from the States Greffe bookshop, and they will be provided as soon as possible.

R.96/2022