Cassiar Asbestos Corporation Limited
Summary of Consolidated Operations

for the year ended December 31

1979

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Cassiar Clinton Subsidiary
Total | Mine Mine Company )

Revenue: |
Asbestos fibre sales $83,219,947 | $74,462,726 | $ 8,757,221
Expenses: |
Cost of sales 48,953,111 | 43,230,139 5,722,972
Transportation to Vancouver |

and warehousing 10,610,358 | 8,865,489 1,744,869
Administration, interest, selling and general 4,197,109 | 3,732,539 | 445,395 19,175
Exploration 319,866 | 319,866 _

64,080,444 56,148,033 | 7,913,236 19,175

Income before taxes ; $19,139,503 $18,314,693 $ 843,985 $ _ (19,175)

1978

Cassiar Clinton Subsidiary’
7 ; Total | Mine : Mine Company
Revenue: |
Asbestos fibre sales $80,774,633 | $55,720,559 | $25,054,074
Expenses:
Cost of sales 48,370,134 36,935,668 12,426,273 $ (991,807)
Transportation to Vancouver
and warehousing 10,689,304 5,974,971 4,714,333
- Administration, interest, selling and general 4,792,871 3,021,027 1,876,532 (104,688)
Exploration 547,120 482,017 65,103 |
64,399,429 | 46,413,683 19,082,241 (1,096,495)
Income before taxes $16,375,204 L $ 9,306,876 $ 5,971,833 $ 1,096,495

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