Statement of cash flows
| Cash flows from operating activities | Estates and trusts – 2022 | Estates and trusts – 2021 | Administration fund – 2022 | Administration fund – 2021 |
|---|---|---|---|---|
| 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: | 42,810 | 63,377 | Not available- | Not available- |
| Client Capital Contributions during the year | 692,969 | 538,827 | Not available- | Not available- |
| Client Capital Distributions during the year | (526,429) | (397,078) | Not available- | Not available- |
| Funds escheated to the Crown | (1,106) | (2,850) | Not available- | Not available- |
| Change in net assets attributable to beneficiaries | 208,244 | 202,276 | Not available- | Not available- |
| Administration Fund | Not available- | 10,262 | 24,741 | Not available- |
| Adjustments for non-cash Client Capital Contributions | (158,246) | (156,096) | Not available- | Not available- |
| Adjustments for non-cash Client Capital Distributions | 19,210 | 54,534 | Not available- | Not available- |
| Net unrealized (gain)/loss on investments and foreign currency at fair value | (17,713) | (37,049) | (932) | (15,715) |
| Investment income reinvested | (13,333) | (10,566) | (9,241) | (8,178) |
| Changes in working capital items: accounts receivable | (433) | 400 | 219 | (627) |
| Changes in working capital items: accounts payable and accrued liabilities | 10,964 | 1,266 | 941 | (2,656) |
| Net cash (used in) from operating activities | 48,693 | 54,765 | 1,249 | (2,435) |
| Cash flows from investing activities | Estates and trusts – 2022 | Estates and trusts – 2021 | Administration fund – 2022 | Administration fund – 2021 |
| Acquisition of investments | (2,101,227) | (2,192,204) | (382) | (43) |
| Proceeds from sale of investments | 1,999,639 | 2,110,143 | Not available- | Not available- |
| Proceeds from sale of real estate | 64,553 | 43,420 | Not available- | Not available- |
| Net decrease/(increase) in other assets | (1,157) | (445) | Not available- | Not available- |
| Net cash (used in) from investing activities | (38,192) | (39,086) | (382) | (43) |
| Increase (decrease) in cash and cash equivalents | 10,501 | 15,679 | 867 | (2,478) |
| Cash and cash equivalent, beginning of the year | 114,462 | 98,783 | 1,064 | 3,542 |
| Cash and cash equivalent, end of the year | 124,963 | 114,462 | 1,931 | 1,064 |
The accompanying notes are an integral part of these financial statements.
Updated: September 15, 2022
Published: September 15, 2022