CASSIAR ASBESTOS |

(Incorporated under

and

Consolidated Balance §

(with comparative figu

Se 7 EE Boor

ASSETS

Current:

Accounts receivable

1969

$ 6,596,225

oe 1968
(restated)

$ 3,058,729

Special refundable tax recoverable 33,761 42,732
Asbestos fibre at cost 3,998,167 4,716,059
Ore stockpiled at cost on 293,395 427,312
Inventory of supplies — valued at laid-down cost 2,818,388 2,750,488
Prepaid expenses 198,356 110,626
Total current assets 13,938,292 11,105,946
Investments:
Investments at cost plus accrued interest (market value 1969
— $271,542; 1968 — $312,917) 400,313 400,313
Special refundable tax SS 57 Oil
400,313 434,074
Fixed (at cost — notes 1 and 6):
Mine plant and equipment 35,181,168 32,977,248
Automotive equipment y =e en 7,761,012 7,278,045
Asbestos Wharf — leasehold improvements, buildings and
equipment ... SORE OEE Ras Pirece oe ce 1,450,346 1,448,415
Whitehorse — buildings and equipment 1,063,857 1,030,935
Roads 186,815 186,815
45,643,198 42,921,458
Less accumulated depreciation 16,972,111 13,811,866
28,671,087 29,109,592
Deferred:
Mining claims and properties at cost (note 2) 2,768,372 2,777,964
Exploration, development and other preproduction expendi-
tures less amounts written off (notes 1 and 2) 6,103,882 6,691,830
Waste removal costs less amounts written off (note 1) 14,355,818 12,720,888
23,228,072 22,190,682
$66,237,764 $62,840,294

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