Statement of cash flows
For the year ended March 31 (in thousands of dollars).
Cash flows from operating activities | Estates and Trusts - 2020 | Estates and Trusts - 2019 | Administration Fund - 2020 | Administration Fund - 2019 |
---|---|---|---|---|
Total Comprehensive Income (Loss) | Not available- | Not available- | Not available- | Not available- |
Estates and Trusts | Not available- | Not available- | Not available- | Not available- |
Change in net assets attributable to beneficiaries before undernoted: | (4,020) | 29,628 | Not available- | Not available- |
Client Capital Contributions during the year | 577,865 | 590,882 | Not available- | Not available- |
Client Capital Distributions during the year | (519,578) | (496,850) | Not available- | Not available- |
Funds escheated to the Crown | (3,972) | (6,544) | Not available- | Not available- |
Change in net assets attributable to beneficiaries | 50,295 | 117,116 | Not available- | Not available- |
Administration Fund | Not available- | Not available- | (207) | 12,019 |
Adjustments for non-cash Client Capital Contributions | (138,860) | (128,497) | Not available- | Not available- |
Adjustments for non-cash Client Capital Distributions | 23,510 | 40,567 | Not available- | Not available- |
Net unrealized (gain)/loss on investments and foreign currency at fair value | 17,073 | 1,176 | 9,035 | 7,798 |
Investment income reinvested | (7,859) | (15,831) | (5,305) | (13,815) |
Changes in working capital items | Not available- | Not available- | Not available- | Not available- |
Accounts receivable | (2) | (1,094) | (697) | 762 |
Accounts payable and accrued liabilities | 14,169 | 4,677 | 2,865 | 611 |
Net cash (used in) from operating activities | (41,674) | 18,114 | 5,691 | 7,375 |
Cash flows from investing activities | Estates and Trusts - 2020 | Estates and Trusts - 2019 | Administration Fund - 2020 | Administration Fund - 2019 |
Acquisition of investments | (1,520,136) | (1,451,725) | (2,746) | (7,498) |
Proceeds from sale of investments | 1,516,598 | 1,395,273 | Not available- | Not available- |
Proceeds from sale of real estate | 57,970 | 39,637 | Not available- | Not available- |
Net decrease/(increase) in other assets | (1,395) | 1,458 | Not available- | Not available- |
Net cash (used in) from investing activities | 53,037 | (15,357) | (2,746) | (7,498) |
Increase (decrease) in cash and cash equivalents | 11,363 | 2,757 | 2,945 | (122) |
Cash and cash equivalent, beginning of the year | 87,420 | 84,663 | 597 | 719 |
Cash and cash equivalent, end of the year | 98,783 | 87,420 | 3,542 | 597 |
The accompanying notes are an integral part of these financial statements.
Updated: August 18, 2022
Published: August 18, 2022