Statement of income and comprehensive income – Estates and trusts
For the year ended March 31 (in thousands of dollars)
| Income | 2021 actual | 2020 actual |
|---|---|---|
| Social benefits | 117,743 | 115,765 |
| Pension | 109,917 | 107,568 |
| Other income | 47,441 | 37,496 |
| Total income | 275,101 | 260,829 |
| Expenses | 2021 actual | 2020 actual |
| Accommodation | 146,680 | 144,962 |
| Allowances | 48,198 | 47,860 |
| Fees charged by the Public Guardian and Trustee 8 | 32,840 | 32,745 |
| Real estate | 14,894 | 18,019 |
| Taxes | 13,179 | 13,403 |
| Living expenses | 9,979 | 11,376 |
| Funeral expenses | 7,696 | 6,517 |
| Other expenses | 6,745 | 7,677 |
| Utilities | 6,023 | 5,548 |
| Medical expenses | 5,824 | 7,080 |
| Insurance | 2,371 | 2,246 |
| Total expenses | 294,429 | 297,433 |
| Net loss | (19,328) | (36,604) |
| Net investment income | 2021 actual | 2020 actual |
| Interest income from fixed incomes funds | 29,619 | 32,977 |
| Change in fair value on investments at fair value through profit or loss 10 | 53,086 | (393) |
| Total net investment income | 82,705 | 32,584 |
| Change in net assets attributable to beneficiaries before undernoted: | 63,377 | (4,020) |
| Client Capital Contributions during the year | 538,827 | 577,865 |
| Client Capital Distributions during the year | (397,078) | (519,578) |
| Funds escheated to the Crown 14 | (2,850) | (3,972) |
| Change in net assets attributable to beneficiaries | 202,276 | 50,295 |
The accompanying notes are an integral part of these financial statements.
Updated: August 18, 2022
Published: August 18, 2022