12. Discontinued Operations

Discontinued operations are shown net of deferred taxes
of $285,000.

13. Related Parties

There were no significant related party transactions
during the year.

14. Reclassification

Certain figures in the 1983 comparative statements have
been reclassified to conform to current presentation.

15. Segmented Information

The segmented financial information has been
determined by the Company based on industry segment.
Segmented information on revenues, earnings (before
income and mining taxes and extraordinary items) and
assets is summarized in the attached schedule.

Substantially all asbestos revenue is derived from sales to
customers outside of Canada. Sales to two major
customers account for approximately one-half of the
revenue in 1984 and 1983.

Segmented Information Schedule (in thousands)

Asbestos
1984 1983

Oil & Gas

1984

1983

Corporate

1984

1983

Non-Operating
1984 1983

Consolidated

1984

1983

Revenue:
Continuing Operations —

Canada $ 70,239 $ 4,472

United States —

309

$ 4,511
378

$ 1,134

$ 622

$

$ 78,099
309

$ 75,372
378

Total Revenue $ 70,239 $ 4,781
Re

Earnings:
Continuing Operations —
Canada $ 1,233 $
United States _

(373)
99

$ 4,889
Serena

$ (1,050)
92

$ 1,134
ee eres

$(2,280)

$ 622
nt es

$(2,697)

$

$ 75,750

$ (2,514)
92

Total Earnings $ 1,233 $
DEE BE EEEe

Depletion and Depreciation $ 18,367 $ 2,940
EEK eT 6 aoe

Capital Employed $ 98,573 $57,041
SEE TET ME

Identifiable Assets:

(274)

Canada $133,397 $58,218

United States

525

$ (958)
$ 3,772

$59,303
Se

$58,876
2,923

$(2,280)

$

$(2,825)

$ 783

$(2,697)
ER

$156,354
eel

$189,593
525

$ (2,422)
ES

$ 22,183
oneeercl

$170,929
TSI

$212,111
2,923

Total Identifiable Assets $133,397 $58,743
Eee LE ae

Expenditures on Property, Plant
and Equipment and
Long-Term Investments $ 14,879
EES PE

$61,799
a

$ 783
TS

$190,118
Peed

$ 10,969
eee)

$215,034
SEEMS