Statement of cash flows
For the year ended March 31 (in thousands of dollars).
Cash flows from operating activities | Estates and trusts – 2024 | Estates and trusts – 2023 | Administration fund – 2024 | Administration fund – 2023 |
---|---|---|---|---|
Total comprehensive Income(Loss) | N/A | N/A | 16,543 | (4,825) |
Estates and trusts | N/A | N/A | N/A | N/A |
Change in net assets attributable to beneficiaries before undernoted: | 81,275 | 37,422 | N/A | N/A |
Client capital contributions during the year | 676,123 | 764,120 | N/A | N/A |
Client capital distributions during the year | (629,735) | (540,883 | N/A | N/A |
Funds escheated to the Crown | (26,113) | (7,077) | N/A | N/A |
Change in net assets attributable to beneficiaries | 101,550 | 253,582 | N/A | N/A |
Adjustments for non-cash client capital contributions | (165,132) | (215,284) | N/A | N/A |
Adjustments for non-cash client capital distributions | 61,805 | 37,768 | N/A | N/A |
Net unrealized (gain)/loss on investments and foreign currency at fair value | (30,043) | 9,912 | (10,439) | 8,400 |
Investment income reinvested | (13,035) | (12,811) | (6,992) | (8,777) |
Changes in working capital items: accounts receivable | (2,203) | (965) | (714) | (949) |
Changes in working capital items: accounts payable and accrued liabilities | 11,581 | 2,492 | 1,313 | 1,652 |
Net cash (used in) from operating activities | (35,477) | 74,694 | (289) | (4,499) |
Cash flows from investing activities | Estates and trusts – 2024 | Estates and trusts – 2023 | Administration fund – 2024 | Administration fund – 2023 |
Acquisition of investments | (2,171,225) | (2,359,589) | 423 | 2,908 |
Proceeds from sale of investments | 2,036,156 | 2,211,369 | N/A | N/A |
Proceeds from sale of real estate | 84,088 | 76,091 | N/A | N/A |
Net increase in other assets | (832) | (736) | N/A | N/A |
Net cash (used in) from investing activities | (51,813) | (72,865) | 423 | 2,908 |
Increase (decrease) in cash and cash equivalents | (87,290) | 1,829 | 134 | (1,591) |
Cash and cash equivalent, beginning of the year | 126,792 | 124,963 | 340 | 1,931 |
Cash and cash equivalent, end of the year | 39,502 | 126,792 | 474 | 340 |
Updated: September 26, 2024
Published: September 26, 2024