b'FONDS DE PLACEMENT PROMUTUELCOMBINED STATEMENT OF CHANGES IN NET ASSETSFor the year ended December 31, 20222022 2021$ $(in thousands of Canadian dollars)Opening balance 1,151,844 990,064Net income (100,156) 61,0071,051,688 1,051,071Unit transactionsSubscription of units 177,139 235,633Redemption of units (122,131) (134,860)Increase from unit transactions 55,008 100,773Ending balance 1,106,696 1,151,844FONDS DE PLACEMENT PROMUTUELCOMBINED STATEMENT OF INCOME AND COMPREHENSIVE INCOMEFor the year ended December 31, 20222022 2021$ $(in thousands of Canadian dollars)REVENUEInterest 18,693 16,718Dividends 13,354 12,385Gain (loss) on investment and derivative financial instruments (129,495) 34,1605(97,448) 63,263 | t or Re 2 l nnua A 25 p 20EXPENSESCustodial and management fees 2,485 2,057Administration fees 223 1992,708 2,256Net income and comprehensive income (100,156) 61,007'