Statement of financial position

Estates and trusts

As at March 31 (in thousands of dollars)
Assets	2019	2020
Cash and cash equivalents^4.1	98,783	87,420
Accounts receivable ⁶	5,284	5,282
Bonds and other debt securities – client owned ^4.1	64,085	62,530
Diversified fund ^4.2	91,088	97,481
Canadian income and dividend fund ^4.3	99,943	106,715
Equity securities – client owned ^4.4	62,988	57,079
Investments in Fixed income funds ^4.5	1,490,009	1,455,763
Real estate	157,324	134,165
Other assets ⁷	15,918	14,523
Total assets	2,085,422	2,020,958
Liabilities	2020 Actual	2019 Actual
Accounts payable and accrued liabilities ⁸	93,261	79,092
Net assets attributable to beneficiaries of Estates and Trusts	1,992,161	1,941,866
Total liabilities and net assets attributable to beneficiaries of Estates and Trusts	2,085,422	2,020,958

As at March 31 (in thousands of dollars)
Assets	2020 actual	2019 actual
Cash and cash equivalents	3,542	597
Accounts receivable⁶	2,696	1,999
Diversified fund ^4.2	88,948	91,335
Canadian income and dividend fund ^4.3	26,467	27,620
Investments in Fixed income funds ^4.5	20,813	18,257
Total assets	142,466	139,808
Liabilities	2020 Actual	2019 Actual
Accounts payable and accrued liabilities ⁸	8,303	5,438
Total liabilities	8,303	5,438
Equity	2020 Actual	2019 Actual
Funds and reserves	17,500	17,500
Unappropriated fund	116,663	116,870
Total equity	134,163	134,370
Total liabilities and equity	142,466	139,808

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

Carolyn Sitler, CPA, CMA
Chief Financial Officer

Updated: August 18, 2022

Published: August 18, 2022