For the year ended March 31 (in thousands of dollars)

Income 2023 actual 2022 actual
Social benefits 125,370 117,095
Pension 121,891 113,615
Other income 54,631 46,629
Total income 301,892 277,339
Expenses 2023 actual 2022 actual
Accommodation 157,259 148,972
Allowances 51,028 48,281
Fees charged by the Public Guardian and Trustee 9    38,508 33,996
Real estate 16,728 18,014
Income taxes 17,004 15,639
Living expenses 10,811 10,183
Funeral expenses 6,794 6,468
Other expenses 7,190 7,337
Utilities 6,721 6,328
Medical expenses 7,223 6,663
Insurance 2,773 2,543
Total expenses 322,039 304,424
Net investment income 2023 actual 2022 actual
Interest income from fixed incomes funds 43,748 29,810
Change in fair value on investments at fair value through profit or loss 10 13,821 40,085
Total net investment income 57,569 69,895
Change in net assets attributable to beneficiaries before undernoted: 37,422 42,810
Client capital contributions during the year 764,120 692,969
Client capital distributions during the year (540,883) (526,429)
Funds escheated to the Crown 14 (7,077) (1,106)
Change in net assets attributable to beneficiaries 253,582 208,244

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