TEN YEAR REVIEW

Ore mined (tons)

Ore and concentrate milled (tons)
Waste removed (tons)

Fibre produced (tons)

Fibre sold (tons)

Fibre sales

Profit before deducting the following
Depreciation

Exploration and development written off
Net earnings (loss) before taxes
Provision for current taxes

Provision for deferred taxes

Net earnings (loss)

Net earnings (loss) per share

Dividends declared per share

CAPITAL EXPENDITURES:

Land, plant and equipment
Mine development — Cassiar

— Clinton
Exploration

BALANCE SHEET — AT END OF FISCAL PERIOD:

Net working capital and investments
Territorial Supply Company Limited
Plant and equipment

Mining claims and land

Deferred development

Deduct — Term bank loan
— Purchase contract payable
— Taxes deferred
— Accumulated depreciation
— Minority interest in subsidiary
Shareholders’ equity

Shares of capital stock issued at end of period
*Included as subsidiary

1975

2,881,832
2,183,797
16,738,118
197,432
199,404

$ 79,491,557

$ 36,173,163
5,056,745
13,328,582
17,787,836

$ 9,091,078
16,636,966

$ 5,477,451

77,661,047
1,175,768
__37,674,874

1974

3,237,808
2,301,660
15,424,205
184,101
183,982

$ 53,187,426

$ 20,427,368
9,706,587
12,906,561
(2,185,780)
500,000
(540,000)
$ (2,145,780)
(39¢)
15¢

$ 10,043,871
6,016,374
5,615,064

321,436

$ (1,173,159)
69,404,320
1,374,669

__ 30,830,457

1973

(Restated)
2,872,605
2,116,032
16,611,752
208,626
218,121
$49,611,809

$17,803,606
4,768,177
8,606,955
4,428,474
125,000
1,435,000
$ 2,868,474
52¢
60¢

$ 3,567,310
4,439,946
5,150,517

465,139

$ 2,721,222

60,705,869
1,598,289
31,560,522

121,989,140
7,000,000

19,737,000
41,346,916

$ 53,905,224

_100,436,287

96,585,902

2,000,000

15,920,000
36,900,899

$ 45,615,388

5,500,000

3,000,000

16,460,000
28,539,734

$48,586,168

5,500,000

5,500,000