CASSIAR ASBESTOS CORPORATION LIMITED — TEN YEAR REVIEW

Ore mined (tons) .

Ore and concentrate milled (tons) Fibre produced (tons)

Waste removed (tons)

Sales

Profit before deducting the following Depreciation Exploration and development written off Net earnings before taxes

Provision for current taxes

Provision for deferred taxes

Net Earnings

Net earnings per share

Dividend declared per share

CAPITAL EXPENDITURES: Land, Plant and Equipment Mine development — Cassiar

— Clinton Outside exploration

BALANCE SHEET — AT END OF FISCAL PERIOD:

Net working capital Funds for Clinton Mine development Special refundable tax Territorial Supply Company Limited Plant and Equipment Mining Claims and Properties Deferred development Total Deduct — Long term bank loan — Purchase contract payable — Deferred taxes — Accumulated depreciation

Capital and surplus

Shares of capital stock issued at end of period

PAGE FOURTEEN

Years ende

Wideman 1966 1965 1,029,474 901,650 743,765 756,787 706,492 613,404 92,093 87,900 85,432 4,125,054 4,299,373 4,542,457 $20,845,403 $20,393,363 $17,625,197 $10,116,004 $ 9,841,812 $ 8,498,620 1,492,336 1,439,523 1,134,471 1,798,483 1,616,523 1,295,677 $ 6,825,185 $ 6,785,766 $ 6,068,472 500,000 765,000 1,310,000 2,150,000 1,875,000 1,070,000 $ 4,175,185 $ 4,145,766 $ 3,688,472 7919¢ 87¢ 71¢ 60¢ 60¢ 60¢ $11,756,202 $ 8,881,995 $ 2,739,71¢ 2,801,594 2,508,192 2,715,778 2,072,857 2,719,191 737,708 197,894 269,778 21,656 $ 1,942,709 $ 2,654,434 $ 3,272,348 399,793 435,383 8,164,813 158,000 105,000 = 175,000 175,000 175,000 38,361,730 26,720,300 —«:18,115,007 2,695,315 2,630,491 2,599,956 16,945,301 13,737,213 9,864,030 $60,677,848 $46,457,821 $42,191,154 4,000,000 = = 75,000 150,000 225,000 9,585,000 7,435,000 5,560,000 10,679,085 9,302,471 8,116,570 $36,338,763 $29,570,350 $28,289,584 5,252,500 4,775,000 4,775,000