Ten Year Review
Cassiar Asbestos Corporation Limited

Sz

3,299,383
2,324,542
7,652,517
212,284
PAM\PATAN
$115,077,217

Ore mined (tons)

Ore and concentrate milled (tons)
Waste removed (cubic yards)
Fibre produced (tons)

Fibre sold (tons)

Fibre sales

$ 57,417,351
6,355,747
19,890,208
SHlelZ/ sels
9,042,451
2,563,000
$ 19,565,945
$3.56

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 income (loss)

Net income (loss) per share

Dividends declared per share 55¢

tal Expenditures:
$ 13,118,983
15,544,910
1,447,771
475,195

Land, plant and equipment

Mine development — Cassiar
— Clinton

Exploration

Balance Sheet — at end of fisca/ period

Shares of capital stock issued at end of period

$ 16,514,898
97,095,092
747,430
43,085,799

Net working capital and investments
Plant and equipment
Mining claims and land

Deferred development

157,443,219

Deduct — Term bank loan —
25,664,000
49,493 494

— Taxes deferred
— Accumulated depreciation

— Minority interest in subsidiary —_

Shareholders’ equity $ 82,285,725

5,500,000

“Included as subsidiary

14

1976

De TIE}0) ATO)
2,078,179
7,306,653
191,417
175,461
78,285,544

36,089,210
6,097,270
12,996,520
16,995,420
1,791,864
3,364,000
TMESSOIS56
$2.15

10,870,960
19,516,786
897,080
15,070

6,601,353

87,523,516 |

961,732
45,307,827
140,394,428
5,000,000
23,101,000
46,548,648

$ 65,744,780

5,500,000

S75

2,881,832
DNS I/S
7,439,164
197,432
199,404

$ 79,491,557

$ 36,173,163
5,056,745
13,328,582
17,787,836
5,681,000
3,817,000
$ 8,289,836
$1.51

$ 9,091,078
16,636,966
3,328,185
8,000

$ 5,477,451
77,661,047
1,175,768
37,674,874
121,989,140
7,000,000
19,737,000
41,346,916

$ 53,905,224

5,500,000