CASSIAR ASBESTOS C

(Incorporated under the

and its

Consolidated Balance S

(with comparative fis

ASSETS
1971 IDO
Current:

ANCCOUNtSsTeCeIVa Olea etree (lc mene eee eae ees $ 6,138,598 $ 5,569,944

IAS estos) filbrenaticOSteas strat ai ne ee nora eet 3,724,475 3,485,526

Orexstockpiledtaticos tae aaa te Pelee Soares ae 121,482 337,656

Inventonyaotesup plicswa tac Os tee tee tree ene ie 3,198,754 3,170,145

Prepaidviexpensesteats ee ee eee Oe 167,374 163,666

Totalecunrent-assetstae ee se ee ee 13,350,683 12,726,937
Investments at cost (market value 1971 — $309,250; 1970 —

SZGQ OMS) oie ree oe te ree ea ice, Cet ata na Reeves 439,672 440,439
Employees’ home purchase agreements at cost ................ 582,331 479,071
Fixed (at cost — note 1):

Mbine jollarate aingl GapNOONOME . cc cso eco soe coscczacs 46,349,515 42,445,959

/NTHOMNOUNS CCUMPUNOME 5550 0acaacaecesvaccacaasccove 8,984,758 9,255,600

Asbestos Wharf — leasehold improvements, buildings and

EqQUIpPMe tee g eer tree ere eee eer 1,398,053 1,408,693
Whitehorse — buildings and equipment ................ 1,056,385 1,157,389
ROA Sear espe oti sea ene eter eve) ot) Bere Gite hea meets ae = 186,815 __Tetoysils)

57,975,526 54,454,456
Less accumulated depreciation .................... 22,819,281 sO S23
_ 35,156,245 34,632,943
Deferred:

Mining claims and land at cost (note 2) ................. 2,806,238 2,808,919

Exploration, development and preproduction costs less

STMOUIONS VWwintiion OE (GooWeS I aie! D) .. oo ee se oe co see 5,245,390 SS IPAUS
Waste removal costs less amounts written off (note 1) ..... 21,408,059 16,775,780

29,459,687 _ 25,181,914
$78,988,618 $73,461,304

PAGE EIGHT