Statement of changes in net assets attributable to beneficiaries of estates and trusts
For the year ended March 31 (in thousands of dollars)
Change in net assets | Client trusts | Minors | Litigants | Deceased estates | Cemetery trusts | Forfeited corporate assets | Corporate trusts | Land titles | Total |
---|---|---|---|---|---|---|---|---|---|
Balance at March 31, 2021 | 915,921 | 471,010 | 498,062 | 247,680 | 30,374 | 23,276 | 3,803 | 3,761 | 2,194,437 |
Change in net assets attributable to beneficiaries before undernoted: | 25,267 | 17,698 | 5,943 | (6,909) | 788 | (68) | 12 | 79 | 42,810 |
Client capital contributions during the year | 324,071 | 76,848 | 190,839 | 96,577 | 1,058 | 3,432 | 144 | Not available- | 692,969 |
Client capital distributions during the year | (238,884) | (74,524) | (145,738) | (63,392) | (396) | Not available- | (3,436) | (59) | (526,429) |
Funds escheated to the Crown 14 | Not available- | Not available- | Not available- | (596) | Not available- | (244) | (266) | Not available- | (1,106) |
Change in net assets attributable to beneficiaries | 110,454 | 20,022 | 51,044 | 25,680 | 1,450 | 3,120 | (3,546) | 20 | 208,244 |
Balance at March 31, 2022 | 1,026,375 | 491,032 | 549,106 | 273,360 | 31,824 | 26,396 | 765 | 3,823 | 2,402,681 |
Change in net assets attributable to beneficiaries before undernoted: | 25,923 | 2,954 | 10,852 | (8,194) | (722) | 6,488 | 16 | 105 | 37,422 |
Client capital contributions during the year | 387,227 | 69,630 | 207,897 | 97,542 | 1,723 | 86 | 15 | Not available- | 764,120 |
Client capital distributions during the year | (262,974) | (71,434) | (143,925) | (61,488) | (976) | (84) | Not available- | (2) | (540,883) |
Funds escheated to the Crown 14 | Not available- | Not available- | Not available- | (2,290) | Not available- | (4,787) | Not available- | Not available- | (7,077) |
Change in net assets attributable to beneficiaries | 150,176 | 1,150 | 74,824 | 25,570 | 25 | 1,703 | 31 | 103 | 253,582 |
Balance at March 31, 2023 | 1,176,551 | 492,182 | 623,930 | 298,930 | 31,849 | 28,099 | 796 | 3,926 | 2,656,263 |
The accompanying notes are an integral part of these financial statements.
Updated: September 25, 2023
Published: September 21, 2023