Statement of income and comprehensive income - estates and trusts
For the year ended March 31 (in thousands of dollars)
Income | 2025 actual | 2024 actual |
---|---|---|
Social benefits | 141,415 | 135,264 |
Pension | 146,859 | 135,843 |
Other income | 56,861 | 54,202 |
Total income | 345,135 | 325,309 |
Expenses | 2025 actual | 2024 actual |
Accommodation | 176,933 | 170,629 |
Allowances | 54,291 | 53,283 |
Fees charged by the Public Guardian and Trustee 9 | 49,511 | 44,678 |
Real estate | 18,231 | 19,910 |
Taxes | 24,480 | 22,952 |
Living expenses | 12,192 | 11,331 |
Funeral expenses | 7,022 | 6,801 |
Other expenses | 8,791 | 7,955 |
Utilities | 7,087 | 6,910 |
Medical expenses | 9,260 | 9,265 |
Insurance | 2,866 | 2,841 |
Total expenses | 370,664 | 356,555 |
Net investment income | 2025 actual | 2024 actual |
Interest income from fixed incomes funds | 64,707 | 59,190 |
Other interest and dividend income 10 | 25,157 | 17,257 |
Change in fair value on investments at fair value through profit or loss (11) | 55,773 | 36,074 |
Total net investment income | 145,637 | 112,521 |
Change in net assets attributable to beneficiaries before undernoted: | 120,108 | 81,275 |
Client capital contributions during the year | 641,658 | 676,123 |
Client capital distributions during the year | (511,512) | (629,735) |
Funds escheated to the Crown 15 | (1,247) | (26,113) |
Change in net assets attributable to beneficiaries | 249,007 | 101,550 |
The accompanying notes are an integral part of these financial statements.
Updated: September 23, 2025
Published: September 09, 2025