Estates and trusts

As at March 31 (in thousands of dollars)

Assets2023 actual2022 actual
Cash and cash equivalents 4.1126,792124,963
Accounts receivable 66,2825,317
Investments at fair value through profit or loss: bonds and other debt securities – client owned 4.157,66372,168
Investments at fair value through profit or loss: diversified fund 4.2201,065122,989
Investments at fair value through profit or loss: Canadian income and dividend fund 4.3133,059117,089
Investments at fair value through profit or loss: equity securities – client owned 4.4108,136115,391
Investments in fixed income funds 4.51,827,5731,707,852
Real estate285,420224,883
Other assets718,25617,520
Total assets2,764,2462,508,172
Liabilities2023
actual
2023
actual
Accounts payable and accrued liabilities 8107,983105,491
Net assets attributable to beneficiaries of estates and trusts2,656,2632,402,681
Total liabilities and net assets attributable to beneficiaries of estates and trusts2,764,2462,508,172

Administration fund

As at March 31 (in thousands of dollars)

Assets2023 actual2022 actual
Cash and cash equivalents3401,931
Accounts receivable 64,0533,104
Investments at fair value through profit or loss: diversified fund 4.2116,268114,964
Investments at fair value through profit or loss: Canadian income and dividend fund 4.333,37234,808
Investments in fixed income funds 4.518,54820,947
Total assets172,581175,754
Liabilities2023
actual
2022
actual
Accounts payable and accrued liabilities 88,2406,588
Total liabilities8,2406,588
Equity2023
actual
2022
actual
Funds and reserves17,50017,500
Unappropriated fund146,841151,666
Total equity164,341169,166
Total liabilities and equity172,581175,754

The accompanying notes are an integral part of these financial statements.

On behalf of the Public Guardian and Trustee for the Province of Ontario:

Kenneth R. Goodman
Public Guardian and Trustee

Adesh Ramganesh, CPACMA
Chief Financial Officer

July 14, 2023