please describe the financial statement in words 200-250 words

The Terry Fox Foundation Statement of Financial Position As at March 31, 2021 2021 2020 $ Assets Current assets Cash and cash equivalents (note 3) International funds held on behalf of the Foundation Short-term investments (note 4) Merchandise inventory Accounts receivable and other assets (note 5) 10.155.392 1.428,171 23.283,970 234,481 689,157 9,372,493 3.193,281 14.452,265 89,637 611,670 35.791,171 27.719,346 Long-term investments (note 4) Capital and intangible assets (note 6) 40.000.000 229,153 76,020,324 40,000,000 306,095 68.025,441 1.317.932 440.030 Liabilities Current liabilities Accounts payable and accrued liabilities (note 7) Liability for post-retirement benefits (note 9) Deferred contributions (note 10) 72.315 78,075 307 869 165 465 1.555 712 825.974 Net Assets Invested in capital assets Internally restricted (note 11) Unrestricted 229,153 40.000.000 34 235,459 306,095 40,000,000 26,893,372 67.199.467 74.464,612 76,020324 68.025,441 Commitments (notes 12 and 13) Approved by the Board of Directors Director Juli Deyardin The accompanying notes are an integral part of these financial statements. om Director The Terry Fox Foundation Statement of Operations For the year ended March 31, 2021 2021 2020 $ Revenue Annual giving Canada International Sale of merchandise Bequests and memorials Government student grants Royalties 18,461,653 676,934 888,353 570,948 77 448 36,786 24,053,121 1,306,190 950.266 704.839 71.245 17.154 27.102.815 Investment income (loss) and gains (note 4) 20,712,122 8.888,165 (501976) 29.600,287 26,600,839 Expenses Fundraising (notes 8 and 15) Administration (note 15) Investment management fee Cost of merchandise sold 3,447,331 2,302,789 319,610 511.100 6.580,830 4,482.733 2.310,034 306,620 674.756 7,774 143 23.019.457 18.826,696 Excess of revenue over expenses before distribution of funds Distribution of funds and other charitable activities The Terry Fox Research Institute (note 7) International cancer research organizations 13,587,043 2.167 269 23,566,010 1.785 043 15,754,312 25,351,053 Excess (deficiency) of revenue over expenses/distributions 7.265,145 (6.524,357 The accompanying notes are an integral part of these financial statements The Terry Fox Foundation Statement of Changes in Net Assets For the year ended March 31, 2021 Invested in capital assets Internally restricted Unrestricted Total 306,095 40,000,000 26,893,372 67,199,467 Balance - March 31, 2020 Excess (deficiency) of revenue over expenses/distributions Investment in capital assets Balance - March 31, 2021 (98,327) 21,385 7,265,145 7,363,472 (21,385) 34 235.459 229,153 40,000,000 74.464.612 Invested in capital assets Internally restricted Unrestricted Total 327,814 40,000,000 33,396,010 73,723,824 Balance - March 31, 2019 Deficiency of revenue over expenses/distributions Investment in capital assets Balance - March 31, 2020 (90,408) 68,689 (6,524,357) (6,433,949) (68,689) 26,893,372 306,095 40,000,000 67.199.467