CASSIAR ASBESTOS CORPORATION LIMITED — TEN YEAR REVIEW

Ore mined (tons)

Ore andyconcentrate; milledg(tons)e ee

Fibre produced (tons)
Waste removed (tons)
Sales. 4am aot

Profit before deducting the following .................

Depreciation

Exploration and development written off ..............
iNet carnings ‘before: taxes) eee Ny

Provision form current taxes eo.) 4) es =e a
Provisions OG. deterred ataxesuae eae nn nee

Net earnings

Net earnings per share

Dividend*declaredeper shares tee

CAPITAL EXPENDITURES:

ands ban teanG ge QUipmen tye een ees
Mine development —Cassiar ...................

=a Glintonk@ reeks, ja
Outside exploration

BALANCE SHEET AT END OF FISCAL PERIOD:

Net working capital

Territorial Supply Company Limited ..............
RiantiandsEquipmentims eset ae fay ee ee
Minins*@laimssand sbroperticsi
Deferredidevelopme nem rie tere

otaliaeaaen

Deduct — Purchase contract payable .............
— Deferred taxes .......

— Accumulated depreciation .............

Capital and surplus

Shares of capital stock issued at end of period ......

Years Ende:
1955* 1956* 1957*
217,350 356,334 405,615
183,246 258,056 382,186
15,043 19,977 28,791
184,415 406,118 688,117
$4,749,540 $ 6,854,319 $ 8,314,620
$1,049,990 $ 2,858,294 $ 3,535,188
$ 578,898 $ 719,887 $ 862,419
141,212 203,319 218,508
$ 329,880 $ 1,935,088 $ 2,454,261
— —_— 62,000
— — 8,000
$ 329,880 $ 1,935,088 $ 2,384,261
O¢ S1¢ 63¢
$2,154,311 $2 12597432; $ 1,672,665
— 390,255 545,635
— — 229,398
$ 724,544 $ 2,055,450 $ 2,304,595
125,000 125,000 175,000
7,343,083 8,601,645 10,274,310
245,375 2AS3 7D 475,391
454,475 641,412 950,494
$8,892,477 $11,668,882 $14,179,790
— — 8,000
860,231 1,486,547 2,247,228
$8,032,246 $10,182,335 $11,924,562
3,800,000 3,800,000 3,800,000

NOTES: * The years 1957 and prior have been adjusted to reflect the fibre inventory valuation basis used in 1958 and
subsequent years.

+ 1964 production includes 4,040 tons AY grade fibre which was not recovered in previous years.

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