Brinco Limited and Subsidiaries

Consolidated Statement
of Earnings

for the year ended December 31, 1981
(with comparative figures for 1980)

Notes
Revenue
Asbestos
Coal
Oil and gas
Investments and other
Total revenue
Expenses 4:
Production 36.776 5.408
Transportation and warehousing 8,180 B20
Depletion and depreciation 24,227 4,552
Mineral exploration 1,931 385
General and administration 11,914 5,281
Interest 8,419 556 —
Mine closure 447 Tan
Total expenses 91,894 17,002
151 1,068
Income and mining taxes Osho 339 2,446 |
Earnings (loss) before minority interest and
extraordinary item (188) (1,378)
Minority interest in loss of subsidiary 179 126
(9) (1,252)
Extraordinary item 6 1,100 At5t
Net earnings for the year $ 1,091 $ 899

Before extraordinary item $. (0.26) $ (0.13)
FRR TE SUSAR RAD EE SS RR RR STE ETE SRT RS RE CTE DRS FN AR AS SE AN
After extraordinary item $ (0.20) $ 0.01

See accompanying notes