Combined Statement of Changes in Net Assets
For the year ended December 31, 2025
2025 2024
(in thousands of Canadian dollars)
$
$
Opening balance
1,506,136
1,306,283
Net income
136,921
151,785
1,643,057
1,458,068
Unit transactions
Subscription of units
145,875
142,450
Redemption of units
(96,050)
(94,382)
Increase from unit transactions
49,825
48,068
Ending balance
1,692,882
1,506,136
Combined Statement of Income and Comprehensive Income
For the year ended December 31, 2025
2025 2024
(in thousands of Canadian dollars)
$
$
REVENUE
Interest
30,109
26,825
Dividendes
20,974
23,754
Gain on investments and derivative financial instruments
90,487
105,608
141,570
156,187
EXPENSES
Custodial and management fees
4,327
3,727
Administration fees
322
675
4,649
4,402
Net income and comprehensive income
136,921
151,785
FONDS DE PLACEMENT PROMUTUEL
2025 – ANNUAL REPORT 
45

View this content as a flipbook by clicking here.