Consolidated Balance Sheet
as at December 31, 1977

Assets 1977 1976
Current:
Accolintssreceivable 5 = ane ee $ 16,928,337 $ 9,407,000
Asbestos: Fibrex(Notew) Kee se ae ee 14,354,675 12,118,833
@nexstockpileda(NOtesl)) ee ere 1,103,746 754,912
Inventory of supplies (Note 1) ............ 6,004,417 6,249,723
PrepaidtexpenSeS-.. 5... 2 ssn ee 519,792 570,507
llotaliculnnentaasSets: sare ae 38,910,967 29,100,975
Investments at cost which approximates
PALE Coke rey eA ere ee ere RC pre 75,862 50,050
Employees’ home purchase agreements .. 2,711,693 1,601,998

Fixed — at cost (Note 1):

Mine plant and equipment ............... 81,975,407 73,766,441
Automotive equipment 24 .cssaas lo. eee 11,753,460 10,622,351
Vancouver — leasehold improvements,
buildings and equipment............. 1,568,793 1,566,491
Whitehorse — buildings and equipment ... 788,238 1,278,889
ROA S ages errs ees d rere ere rn ated ro oe 1,009,194 289,344
97,095,092 87,523,516
Less accumulated depreciation ....... 49,493,494 46,548 648

47,601,598 40,974,868

Deferred — at cost less accumulated
amortization (Note 1):

Mining claimstandilandes 3. a: 747,430 961,732
Exploration, development and preproduction 1,624,409 1,908,004
Wastesenn@vall = evens: eee ery ee ees 41,461,390 43,399,823

43 833,229 46,269,559
$133,133,349 $117,997,450