RAYMOND JAMES FINANCIAL INTERNATIONAL LIMITED

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the Directors consider to be appropriate for the following reasons. Although the Company had a net loss of £1.8 million for the year ended 30 September 2024 (2023: £10.2 million net loss), it had net current assets of £31.1 million as of 30 September 2024 (2023: £25.4 million) and significant cash reserves on the balance sheet of £50.3 million as of 30 September 2024 (2023: £34.4 million). The Directors have prepared forecasts for a period of at least 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides, including the impact of continuing market uncertainty on the Company, the Company will have sufficient funds through its core business activities to meet its liabilities as they fall due for that period. Furthermore, from time to time, dependent on timing of cash receipts, the Company will receive funding from its immediate parent company, Raymond James International Holdings, Inc. ("RJIH") in order to prevent breaches of its capital requirements. For example, in November 2023 a £10 million capital contribution from RJIH was made to RJFI to ensure that RJFI is able to meet capital requirements. RJIH has indicated its intention to continue to make available such funds as are needed by the Company. However, funds from RJIH are not included in the Company's forecasts and the Directors do not consider that the Company is dependent on parent company support to cover its liabilities as they fall due over the period covered by the forecasts. Consequently, the Directors continue to adopt the going concern basis in preparing these financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.