Statement of income and comprehensive income – Administration fund
For the year ended March 31 (in thousands of dollars)
Revenue | 2021 actual | 2020 actual |
---|---|---|
Fees charged on estates and trusts 9 | 32,840 | 32,745 |
Grants received from the Ministry of the Attorney General 13 | 20,082 | 19,717 |
Total revenue | 52,922 | 52,462 |
Expenses | 2021 actual | 2020 actual |
---|---|---|
Salaries, wages and benefits 11 | 40,037 | 38,735 |
General administration 12 | 6,165 | 4,437 |
Fees incurred | 2,055 | 1,922 |
Transportation and communications expenses | 657 | 781 |
Supplies and equipment expenses | 222 | 295 |
Claims | 16 | 570 |
Total expenses | 49,152 | 46,740 |
Net income | 3,770 | 5,722 |
Net investment income | 2021 Actual | 2020 Actual |
Interest (expense) income from fixed income funds | (109) | 361 |
Change in fair value on investments at fair value through profit or loss 10 | 23,898 | (3,540) |
Total net investment income | 23,789 | (3,179) |
Investment expenses | 2,818 | 2,750 |
Net investment income (loss) | 20,971 | (5,929) |
Total comprehensive income (loss) | 24,741 | (207) |
The accompanying notes are an integral part of these financial statements.
Updated: August 18, 2022
Published: August 18, 2022