## ## |CONTENTS|||| |---|---|---|---| ||||Page| |Reference and Administrative
Details|||1 —3| |Chair's Report|||| |Report ofthe|Directors
(including the Strategic|Report)|5 —18| |Independent|Auditor's
Report||19—23| |Consolidated|Statement of Financial Activities||24| |Consolidated|Summary
Income and Expenditure|Account|25| |Consolidated|and Charity Balance Sheets||26| |Consolidated|and Charity Cash Flow Statements||27| |Notes to the Financial Statements|||28 —54| ## ## ## ## ## ## ## |Dr G McGavin|(President)| |---|---| |L Bunce|(Vice President)| |L Haskins|(Vice President)| |J McDavid|(Vice President)| |J Powne|(Vice President)| |P Scupholme|(Vice President)| |P Westgate|(Vice President)| |J Westgate|(Vice President)| |Sir J Eliot Gardiner|(Patron)| |S Fine King|(Patron)| |Chief|Executive and senior management|team||| |---|---|---|---|---| ||B Bleese BSc,FRGS||Chief Executive|| ||I Davenport
BSc||(Director of Nature|Based Solutions)| ||S E Patterson
ACA||(Director of Finance|and Resources)| ||A Pollard BSc,MSc||(Director of Nature|Recovery Networks)| ||SThompson||(Director of Marketing
gi Fundraising)|| ||L McLellan||(Acting Director of|Marketing
& Fundraising)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Notes|Notes|Unrestricted|Restricted|Endowment|Year ended|Yearended| |---|---|---|---|---|---|---|---|---| |||||Funds|Funds|Funds|31March|31March| ||||||||2023|2022| |||||f'000|f'000|f'000|E'000|f'000| |INCOME & ENDOWMENTS||||||||| |FROM:||||||||| |Donations
& legacies||||3,024|479||3,503|5,756| |Charitable
activities||||197|1,034||1,231|1,160| |Other trading activities||||227|||227|207| |Investments||||41||14|57|37| |Other||||79|||79|35| |TOTAL INCOME||||3 568|1515|14|~5097|7 195| |EXPENDITURE ON:||||||||| |Raising funds||||1,020||8|1,032|835| |Charitable
activities||||1,522|1,617||3,139|2,396| |Other||||||||| |TOTAL EXPENDITURE||||2 542|1621|8|~4171|~3231| |NET INCOME/(EXPENDITURE)||FOR THE||||||| |YEAR BEFORE (LOSSES)/GAINS ON||||1,026|(106)|6|926|3,964| |INVESTMENTS||||||||| |Net (losses)/gains
on investments||||~84|~19|~32|~135|104| |NET INCOME/(EXPENDITURE)||||942|(125)|(26)|791|4,068| |Transfers
between
funds||||109|~109|||| |NET MOVEMENT
IN FUNDS||||1,051|(234)|(26)|791|4,068| |TOTAL FUNDS B/FWD||22-24||5 070|9402|~1353|~15825|~11757| |TOTAL FUNDS C/FWD||22-24||6 121|~|~|~66|~825| |The group has no recognised|gains or losses|||other than those included||above. The Consolidated
Statement||| |of Financial Activities
has been||prepared|on|the basis that all operations||are continuing|operations.|| ## |||||Notes|2023|2022| |---|---|---|---|---|---|---| ||||||f'000|f'000| |Income|||||5,040|7,158| |Gains on investments||||||104| |Interest and investment|income||||57|37| |Gross income in the financial year|||||5 097|7 299| |Expenditure|||||4,057|3,122| |Losses on investments|||||135|| |Depreciation
8 charges for impairment|||offixed assets||114|109| |Total expenditure
in the|financial|year|||4 306|3 231| |Net income before tax for the financial|||year||791|4,068| |Tax on net income from|ordinary|activities||14||| |Net income for the year||||||| ## |orthe year ended|31March 20|23||||| |---|---|---|---|---|---|---| ||||Group||Company|| ||||31March|31March|31March|31March| ||||2023|2022|2023|2022| |||Notes|f'000|f'000|f'000|f'000| |FIXEDASSETS||||||| |Tangible assets||15|3,155|2,992|3,145|2,983| |Heritage assets||16|7,565|7,767|7,565|7,767| |Investments||17|4,007|3,934|4,007|3,934| ||||14,727|14,693|14,717|14,684| |CURRENT ASSETS||||||| |Stock||18|167|162|151|146| |Debtors||19|1,537|1,184|1,556|1,206| |Cash at bank and in hand|||1,404|834|1,315|728| ||||3,108|2,180|3,022|2,080| |CREDITORS: Amounts|falling due|||||| |within one year||20|(1,219)|(1,038)|(1,193)|(1,008)| |NET CURRENT ASSETS|||1,669|1,142|1,829|1,072| |CREDITORS: Amounts|falling due|||||| |after one year||21||||| |TOTAL NET ASSETS|||||~16546|~15746| |RESERVES AND FUNDS||||||| |CAPITAL FUNDS||||||| |Endowment
funds||22|~1327|1353|~1327|.1353| |INCOME FUNDS||||||| |General funds||23(a)|5,319|4,499|5,249|4,420| |Designated
funds||23 (b)|802|571|802|571| |Unrestricted
funds|||6,121|5,070|6,051|4,991| |Restricted
funds||24|9,168|9,402|9,168|9,402| |TOTALFUNDS||25||||~74| ## |||||||||Group||Company|| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||31March|31March|31March|31March| |||||||||2023|2022|2023|2022| ||||||||Notes|f'000|f'000|6'000|6'000| |Cash flows from operating||||activities:|||||||| |Net cash|provided
by operating||||activities||32|590|4311|604|4 274| |Cash flows from investing||activities|||||||||| |Dividends,|interest
gi rents||from||||||||| |investments||||||||57|37|57|37| |Investment
management||costs||||||(33)|(28)|(33)|(28)| |Proceeds|from sale offixed|||assets||||67|3|67|3| |Purchase|offixed assets|||||||(139)|(3,940)|(136)|(3,933)| |Proceeds|from sale of investments|||||||2,339|482|2,339|482| |Purchase|ofinvestments|||||||L22547|~1782|L22547|~1782| |Net cosh|used in investment|||activities||||256|5 228|253|5 221| |Cash flows from financing||activities|||||||||| |Deferred|SANG income|||||||252||252|| |Repayment
ofborrowing||||||||~16||~16|| |Net cash|(used in)/generated|||by|financing||||||| |activities||||||||236||~26|| |Change
in cash and cash equivalents||||||in the|||||| |financial year||||||||570|(923)|587|(953)| |Cash and|cash equivalents||at the beginning||||||||| |ofthe year||||||||834|1757|728|1681| |Cash and|cash equivalents||at the||end|ofthe|||||| |year|||||||33|~1404|834|~1315|728| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Freehold|Land|Nil||| |---|---|---|---|---| |Freehold|Property
and Improvements|2 -4' Straight||line| |Leasehold|Property
and improvements|Straight|line over period oflease|| |Farm Buildings,
Hides and Fencing||4 —1096|straight|line| |Tools and|Equipment|5 —25%|straight|line| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Unrestricted|Restricted|Restricted|Endowment|Total| |---|---|---|---|---|---|---|---| |||Funds||Funds||Funds|2023| |||f'000||f'000||f'000|f'000| |Membership
income||1,183|||2||1,185| |Grants and donations|||95||394||489| |Legacies||1|746||83||1829| |||3|024||479||3 503| |Prior year comparatives|||||||2022| |Membership
income||1,143|||2||1,145| |Grants and donations|||79|3,904|||3,983| |Government
Covid support grants|||40||||40| |Gifts in kind|||2||||2| |Legacies|||584||2||586| |||1|848|3|908||5 756| |3.
CHARITABLE|ACTIVITIES||||||2023| |Grants and contracts||||1,034|||1,034| |Primary
purpose|trading||197||||197| ||||197|1|034||~1231| |Prior year corn pa|roti ves||||||2022| |Grants and contracts||||1,042|||1,042| |Primary purpose|trading||118||||118| ||||118|1|042||1160| |4.
OTHER TRADING ACTIVITIES|||||||| ||||||||2023| |Retail|||66||||66| |Facilities/resource|hire||113||||113| |Rental income|||44||||44| |Fundraisine|||4||||4| ||||227||||227| |Prior year comparati ves|||||||2022| |Retail|||59||||59| |Facilities/resource|hire||92||||92| |Rentalincome|||50||||50| |Fundraisina|||6||||6| ||||207||||207| ## ## ||||Unrestricted|Restricted|Endowment|Total| |---|---|---|---|---|---|---| |5.INVESTMENT INCOME|||Funds|Funds|Funds|2023| ||||f'000|f'000|f'000|f'000| |Interest|||4|||4| |Dividend|||30||14|46| |Rental income|||7|||7| ||||41||14|57| |Prior year comparati ves||||||2022| |Dividend|||19|||30| |Rental income|||7|||7| ||||26|||37| |||||||Total| |6.OTHER INCOME||||||2023| |Wayleaves|||1|||| |Sundry income|||75|||75| |Profit on sale offixed assets|||3|||| ||||79|||79| |Prior year corn parati ves||||||2022| |yyayleaves||||||1| |Sundryincome|||31|||31| |Profit on sale offixed assets||||||| ||||35|||35| ||||Unrestricted|Restricted|Endowment|Total| |7.EXPENDITURE|ON RAISING FUNDS||Funds|Funds|Funds|2023| ||||f'000|f'000|f'000|f'000| |Raising donations|and|legacies|347|||350| |Membership
servicing||& recruitment|534|||534| |Trading company|costs||115|||115| |Investment
management|||24|||33| ||||1020|||1032| ## |For the year e|nded 31March 2023 (con|tinued)|||| |---|---|---|---|---|---| |||Unrestricted|Restricted|Endowment|Total| |7.EXPENDITURE ON RAISING FUNDS||Funds|Funds|Funds|2022| |(continuedl||f'000|f'000|f'000|f'000| |Prior year comparoti ves|||||| |Raising donations
and legacies||234|||234| |Membership
servicing
& recruitment
pa||498|||498| |Trading company costs||75|||75| |Investment
management||20|||28| |||827|||835| |8.CHARITABLE|ACTIVITIES||||| ||||||Total| ||||||2023| |corn|roti|f'000|f'000|f'000|f'000| |Nature
Reserve|management|496|567||1,063| |Nature
Network|Recovery|560|236||796| |Nature
Based Solutions||466|814||~1280| |||1522|1617||3139| |Prior year|ves||||2022| |Nature Reserve|management|314|605||919| |Living Landscapes
& Living Seas||424|196||620| |Policy Advocacy|& Evidence|307|550||857| |||1045|1351||2396| |9.TOTAL EXPENDITURE
corn
para||Direct
Staff Costs|Other
Direct|Support
Costs|Total
2023| ||||Costs||| |||f'000|f'000|f'000|f'000| |Raising funds||318|436|245|999| |Investment
management|||33||33| |Nature
reserve|management|480|378|205|1,063| |Nature
Network|Recovery|351|245|200|796| |Nature
Based Solutions||560|529|191|1280| |||1709|1621|841|~4171| |Prior year|tives||||2022| |Raising funds||237|368|202|807| |investment
management|||28||28| |Nature reserve|management|365|366|188|919| |Living Landscapes
& Living Seas||287|178|155|620| |Policy Advocacy|& Evidence|437|247|173|857| |||1326|1187|718|3231| ## |Forthe y|ear ended 31March 2023 (continued)|ear ended 31March 2023 (continued)|ear ended 31March 2023 (continued)||| |---|---|---|---|---|---| |9.TOTAL|EXPENDITURE (continued)||||| |Total expenditure||is stated after charging:||Group|Group| |||||2023|2022| |||||E'000|E'000| |Auditors'|remuneration||||| |Audit (Company||L14,717;2022 f14,635)||20|19| |Non-audit|(Company -f1,550);2022 E3,000)||||4| |Depreciation
on||owned assets||114|104| |Depreciation
on||financed assets|||| |Amounts|payable|under operating|leases|31|36| |Profit on|sale of|fixed assets|||| ||||C/I
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CI| ## ## |||2023|2022| |---|---|---|---| |||E'000|E'000| |Turnover||185|155| |Cost ofsales||(77)|(60)| |Gross profit||108|95| |Other operating|charges|(69)|(47)| |Profit for the year before tax||39|48| ## ## |||||Group||Company|| |---|---|---|---|---|---|---|---| |||||2023|2022|2023|2022| |Management||and|administration|10|7|10|7| |Raising|funds|||14|13|14|13| |Nature|reserve|management||14|12|14|12| |Nature|Recovery Networks|||14|13|14|13| |Nature|Based|Solutions||19|15|19|15| |||||71|60|71|60| |Equival|ent
full-time||staff|59|51|59|51| ## ## ## ## ## ## |15.TANGIBLE|FIXED ASSETS|||||||| |---|---|---|---|---|---|---|---|---| |||||||Farm||| |GROUP||Freehold|||Leasehold|Buildings,|Tools and|Total| |||Property|and||Property and|Hides and|Equipment|| |||Improvements|||Improvements|Fencing||| ||||f'000||E'000|E'000|E'000|f'000| |COST||||||||| |As at 1April 2022|||2,543||137|716|1,406|4,802| |Additions||||27||24|88|139| |Disposals||||||(54)|(228)|(282)| |Transfers||||195||||195| |As at 31March|2023||2|765|137|686|1266|4 854| |DEPRECIATION|SE IMPAIRMENT|||||||| |As at 1April 2022||||162|114|460|1,074|1,810| |Charge for the|year|||14|8|29|56|107| |Disposals||||||(54)|(164)|(218)| |As at 31March|2023|||176|122|435|966|1699| |NET BOOK VALUE||||||||| |As at 31March|2023|||||||| |As at 31March|2022|||||||| ## ## ## ## |16.HERITAGE ASSETS||||| |---|---|---|---|---| ||Freehold||Leasehold|| |GROUP AND COMPANY|Property|and|Property and|Total| ||Improvements||Improvements|| |||f'000|E'000|E'000| |COST OR VALUATION||||| |As at 1April 2022||7,721|356|8,077| |Transfers||(195)||(195)| |As at 31March 2023||7 526|356|7 882| |DEPRECIATION||||| |As at 1April 2022||19|291|310| |Charge for the year||1|6|7| |As at 31March 2023||20|297|317| |NET BOOK VALUE||||| |As at 31March 2023||||~75| |As at 31March 2022||7 70||| ## |17.INVESTMENTS —GROUP AND|17.INVESTMENTS —GROUP AND|17.INVESTMENTS —GROUP AND|COMPANY||| |---|---|---|---|---|---| |||||Group|| |||||2023|2022| |||||f'000|f'000| |Carrying
value|as at 1April 2022|||3,934|2,530| |Additions
to investments||at cost||2,547|1,782| |Disposals at carrying value||||(2,349)|(482)| |Net gain on revaluation||||(125)|104| |Carrying
value|as at 31March 2023|||4007|3 934| |Analysis ofinvestments|||||| |Quoted investments||||3.777|3,684| |Investment
properties||||230|250| |||||~4007|3 934| |||||Market|Market| |||||Value|Value| |||||2023|2022| |||||f'000|f'000| |Fixed Interest|Securities|||975|615| |UK Equities||||329|416| |Overseas
Equities||||881|839| |Alternatives||||567|377| |Commodities||||260|191| |Property||||39|45| |Ruffer Charity|Assets Trust||||724| |CCLA Charities|Ethical Investment||Fund|726|477| |||||~3777|3 684| |Investment
property|||||| |||||2023|2022| |||||f'000|f'000| |Value as at 1April 2022||||250|250| |Revaluation
during the year||||~20|| |Value as at 31|March 2023|||230|250| ## ## |18.STOCK||||| |---|---|---|---|---| ||Group||Company|| ||2023|2022|2023|2022| ||f'000|f'000|f'000|f'000| |Goods For Resale|16|16||| |Farm Livestock and Deadstock|139|146|139|146| |Raw Materials|12||12|| ||167|162|151|146| |19.DEBTORS:|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR||||| |---|---|---|---|---|---|---| ||||Group||Company|| ||||2023|2022|2023|2022| ||||f'000|f'000|f'000|f'000| |Trade debtors|||106|122|133|122| |Amounts
due|from subsidiary|undertaking||||27| |Other debtors|||150|136|149|136| |Prepayments|and accrued income||1,281|926|1,274|921| ||||1537|1184|1556|1206| ## ||||||Group||Company|| |---|---|---|---|---|---|---|---|---| ||||||2023|2022|2023|2022| ||||||f'000|f'000|f'000|f'000| |Trade creditors||||||84|8|88| |Amounts
owed to||subsidiaries|||||1|| |Other taxes|and social||security|costs|41|45|41|40| |Other creditors|||||100|109|100|109| |Obligations|under|hire|purchase|and finance||||| |agreements|within|one|year|||6||6| |Accruals and|deferred||income||1,070|794|1,043|765| ||||||~1219|1038|1193|1008| ## ## |||||||||Group||Company||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||2023|2022|2023|2022|| |||||||||f'000|f'000|f'000|f'000|| |Obligations||under||hire|purchase|and||||||| |finance agreements|||||||||10||10|| ||||||||||10||10|| |2.ENDOW||ENT|FUNDS|||||||||| ||||||||||Realised|||| |GROUP AND COMPANY||||||1April|||gains/||31|IVI arch| |||||||2022|Income|Expenditure|Revaluations|Transfers||2023| |||||||f'000|f'000|f'000|f'000|f'000||f'000| |Brownsea||Island|Endowment|||132|||(3)|||129| |Helen Brotherton||||||||||||| |Endowment||Fund||||1,221|13|(7)|(29)|||1,198| |||||||1353|14||~32|||1327| ||||||||||Realised|||| |GROUP AND COMPANY||||||1April|||gains/||31|March| |||||||2021|Income|Expenditure|Revaluations|Transfers||2022| |||||||E'000|f'000|f'000|E'000|Er000||E'000| |Brownsea|Island||Endowment|||131||||||132| |Helen Brotherton||||||||||||| |Endowment||Fund||||1,185|||32|||1,221| |||||||g 316||||||1353| ## ## ## ||||General|Designated|| |---|---|---|---|---|---| ||||Fund|Fund|Total| ||||f'000|f'000|f'000| |Balance as|at 1April 2022||4,499|571|5,070| |Movement|in funds for the|year|1,032|(90)|942| |Transfer between
funds|||(212)|321|109| |Balance as|at 31March 2023||5 319|802|6 121| |UNRESTRICTED FUNDS - COMPANY|||||| ||||General|Designated|| ||||Fund|Fund|Tota I| ||||f'000|f'000|f'000| |Balance as|at 1April 2022||4,420|571|4,991| |Movement|in funds for the|year|1,041|(90)|951| |Transfer between
funds|||(212)|321|109| |Balance as|at 31March 2023||5 249|802|6051| |23 (b)
DESIGNATED FUNDS||—GROUP AND COMPANY|||| ||||||Net|| |---|---|---|---|---|---|---| |||||1April 2022|Movement|31March 2023| |||||f'000|f'000|f'000| |Ash Die back fund||||34|138|172| |Brexit impact fund||||213|(50)|163| |Brownsea development|fund|||61|120|181| |Environmental
performance||fund||50||50| |Explore Dorset fund||||15|10|25| |Headquarters
development|||||20|20| |Imerys fund||||17|(5)|12| |Kingcombe
Centre repairs fund||||10|(2)|8| |Kingcombe
Farmhouse|repairs fund|||40|(28)|12| |Nature
Reserve Fencing|Programme|||16|56|72| |Water infrastructure
fund||||15|(15)|| |Wild Woodbury
site development|||fund|100|L113|87| |||||571||802| ## ## ## ## ## ## ## ## |ANALYSIS OF GROUP NET ASSETS BE|TWEEN FUNDS||||| |---|---|---|---|---|---| ||Unrestricted|Designated|Restricted|Endowment|Total| ||Funds|Funds|Funds|Funds|Funds| |Fund balances at 31March 2023|f'000|f'000|f'000|f'000|f'000| |are represented
by:|||||| |Tangible fixed assets|1,304||1,851||3,155| |Heritage assets|815||6,153|597|7,565| |Investments|2,408||921|678|4,007| |Net current assets|792|802|243|52|1,889| ||5319|802|9168|1327|~16616| ||Unrestricted|Designated|Restricted|Endowment|Total| ||Funds|Funds|Funds|Funds|Funds| |Fund balances at31March 2022|f'000|f'000|f'000|f'000|f'000| |are represented
by:|||||| |Tangible fixed assets|1,313||1,679||2,992| |Heritage assets|815||6,355|597|7,767| |investments|2,501||714|719|3,934| |Net current assets|(120)|571|654|37|1,142| |Long term creditors|(10)||||(10)| ||4499|571|9402|1353|15825| ## ## ## |||Land R Buildings|Land R Buildings||Other|| |---|---|---|---|---|---|---| |||2023|2022|2023||2022| |||E'000|E'000|f'000||E'000| |Lease|payments|||||| |Falling|due within one year|8|3|||19| |Falling|due between two and five years|27|8|||| |Falling|due after five years|90|29|||| |||125|40|||25| ## ## ## ## ## ## ||||||Group|Group||Company||| |---|---|---|---|---|---|---|---|---|---|---| ||||||2023|2022|2023||2022|| |||||f'000||f'000|f.'000||f'000|| |Net income for the year|||||791|4,068||800|4,031|| |Adjusted for:||||||||||| |Losses/(gains)||on investments|||135|(104)||135|(104)|| |Net investment||income|||(24)|(9)||(24)|(9)|| |Depreciation|charges||||114|109||112|108|| |(Profit) on disposal offixed assets|||||(3)|(3)||(3)|(3)|| |(Increase)
in stocks|||||(5)|(25)||(5)|(32)|| |Decrease/(increase)|||in debtors||(352)|3,397|(350)||3,409|| |(Decrease)/increase|||in creditors||~65|~3122|~61||~3126|| ||||||591|4311||604|4 274|| |33.ANALYSIS|OF CASH AND CASH EQUIVALENTS||||Group|||Company||| ||||||2023|2022|2023||2022|| |||||f'000||f'000|f'000||f'000|| |Cash in hand||||1,317||779|1,227||673|| |Cash for re-investment|||||88|55||88|55|| |Total cash and||cash|equivalents|1405||834|1|315|728|| |34.ANALYSIS|OF CHANGES IN NET DEBT|||||||||| |GROUP|||At|start of|Cash|flows|New|Other|non-|At end of| |||||year|||finance||cash|year| ||||||||leases|changes||| |||||f'000||f'000|f'000||f'000|f'000| |Cash||||779||537||||1,316| |Cash equivalent||||55||33||||88| |||||834||570||||1,404| |Finance lease|obligations|||~16||16||||| |||||818||586||||1404| |COMPANY|||At|start of|Cash|flows|New|Other|non-|At end of| |||||year|||finance||cash|year| ||||||||leases|changes||| |||||f'000||f'000|f'000||f'000|f'000| |Cash||||673||554||||1,227| |Cash equivalent||||55||33||||88| |||||728||587||||1,315| |Finance lease|obligations|||~16||16||||| |||||712||603||||1315| ## ## |||Unrestricted|Restricted|Endowment|Yearended| |---|---|---|---|---|---| |||Funds|Funds|Funds|31March| ||||||2022| |||f'000|f'000|f'000|f'000| |INCOME & ENDOWMENTS|||||| |FROM:|||||| |Donations
&.legacies||1,848|3,908||5,756| |Charitable
activities||118|1,042||1,160| |Other trading activities||207|||207| |Investments||26|||37| |Other||35|||35| |TOTAL INCOME||2 234|4 950||~7195| |EXPENDITURE ON:|||||| |Raising funds||827|||835| |Charitable
activities||1,045|1,351||2,396| |Other|||||| |TOTAL EXPENDITURE||1872|1351|8|~3231| |NET (EXPENDITURE)/INCOME|FOR THE||||| |YEAR BEFORE GAINS/(LOSSES)|ON||||| |INVESTMENTS||362|3,599||3,964| |Net gains/ (losses) on investments||54|16|34|104| |NET INCOME||416|3,615|37|4,068| |Transfers between
funds||8|~8||| |NET MOVEMENT
IN FUNDS||424|3,607|37|4,068| |TOTAL FUNDS B/FWD||4 646|5 795|~1316|11757| |TOTAL FUNDS C/FWD||070|94 2|||