b'ELECTRONIC PRODUCTS RECYCLING ASSOCIATIONStatement of Changes in Net AssetsYear ended December 31, 2020, with comparative information for 2019 British Columbia SaskatchewanManitobaQuebec New BrunswickEffectivenessEffectivenessInvestedContingency& EfficiencyContingency& EfficiencyContingencyContingencyin capitalContingencyreserveFundreserveFundreservereserveassetsreserve(note 5(b)) (note 5(a)) (note 5(b)) (note 5(a)) (note 5(b))(note 5(b))(note 5(b))Balance, beginning of year$ 29,246,141$1,222,252$ 10,842,737$ 289,000$9,019,531$ 74,903 $3,770,192$ 40,745,912 Excess (deficiency) of revenue over expenses(31,999)Interfund transfers501,460152,790120,883(188,727)1,715,752Invested in capital assets Balance, end of year$29,747,601$1,222,252$ 10,995,527$ 289,000$9,140,414$40,557,185$ 42,904$ 5,485,944Atlantic CanadaNewfoundland and LabradorHeadquarters20202019EffectivenessInvestedInvestedContingency& EfficiencyContingencyin capitalin capital reserveFundreserveassetsassetsUnrestrictedTotalTotal(note 5(b)) (note 5(a)) (note 5(b)) Balance, beginning of year$ 6,334,835$ 664,126$3,272,399$ 3,479 $ 139,553$109,700$ 105,734,760$ 109,256,543Excess (deficiency) ofrevenue over expenses(2,393) (101,379)4,852,9454,717,174(3,521,783) Interfund transfers1,755,625659,391(4,717,174)Invested in capital assets 92,542 (92,542)Balance, end of year$ 8,090,460$ 664,126$3,931,790$ 1,086 $ 130,716 $152,929$ 110,451,934$ 105,734,760See accompanying notes to financial statements.24 EPRA ANNUAL REPORT 2020'