CASSIAR ASBESTOS CORPORATION LIMITED — TEN YEAR REVIEW

Fibre produced (tons)

Waste removed (tons)

Sales

Profit before deducting the following |. .
Depreciation é eh oe
Exploration and development written off
Net earnings before taxes

Provision for current taxes

Provision for deferred taxes

Net Earnings

Net earnings per share

Dividend declared per share

CAPITAL EXPENDITURES:

Land, Plant and Equipment
Mine development — Cassiar

— Clinton
Outside exploration

BALANCE SHEET AT END OF FISCAL PERIOD:

Net working capital
Funds for Clinton Mine development
Special refundable tax

Territorial Supply Company Limited

Plant and Equipment

Mining Claims and Properties
Deferred development o age
Total

Deduct — Purchase contract payable

— Deferred taxes ;
— Accumulated depreciation .

Capital and surplus .

Shares of capital stock issued at end of period

Years ended

1966 — 1965 1964
901,650 743,765 705,20:
706,492 613,404 587,90:
87,900 85,432 66,89
4,299,373 4,542,457 3,464,70:
$20,393,363 $17,526,197  $14,466,69
$ 9,841,812  $ 8,498,620 $ 7,336,741
1,439,523 1,134,471 1,093,05:
1,616,523 1,295,677 1,265,221
$ 6,785,766  $ 6,068,472 $ 4,978,46!
765,000 1,310,000 1,185,00¢
1,875,000 1,070,000 765,001
$ 4,145,766  $ 3,688,472 $ 3,028,46,
87¢ 71¢ 16V>¢
60¢ 60¢ 60¢
$ 8,881,995  $ 2,739,710  $ 1,962,10:
2,508,192 2,715,778 2,259,10:
2,719,191 737,708 305,251
269,778 21,656 25,341
$ 2,654,434 $ 3,272,348 $ 3,497,14
435,383 8,164,813 =
105,000 vs =a
175,000 175,000 225,00(
26,720,300 18,115,007 _—‘15,827,78¢
2,630,491 2,599,956 2,590,71:
13,737,213 9,864,030 7,693,81(
$46,457,821 $42,191,154 $29,834,45¢
150,000 225,000 300,00(
7,435,000 5,560,000 4,490,00(
9,302,471 8,116,570 7,434,592
$29,570,350 $28,289,584 $17,609.86:
4,775,000 4,775,000 3,960,006

NOTE: * The year 1957 has been adjusted to reflect the fibre inventory valuation basis used in 1958 and subsequent years

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