Labrador Iron Ore Royalty Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Cash & Equivalents	14.57	42.3	13.19	39.9	82.91	Upgrade
Cash & Short-Term Investments	14.57	42.3	13.19	39.9	82.91	Upgrade
Cash Growth	-65.56%	220.65%	-66.94%	-51.87%	-21.85%	Upgrade
Accounts Receivable	42.13	52.79	53.83	42.63	49.67	Upgrade
Other Receivables	1.02	0.05	0.51	0.48	0.02	Upgrade
Receivables	43.14	52.84	54.34	43.12	49.68	Upgrade
Total Current Assets	57.71	95.14	67.53	83.02	132.59	Upgrade
Long-Term Investments	751.72	740.98	769.52	742.75	656.72	Upgrade
Total Assets	809.43	836.13	837.04	825.77	789.31	Upgrade
Accounts Payable	8.92	11.21	11.54	9.29	10.79	Upgrade
Current Income Taxes Payable	-	1.8	-	-	18.63	Upgrade
Other Current Liabilities	22.4	48	28.8	44.8	73.6	Upgrade
Total Current Liabilities	31.32	61.01	40.34	54.09	103.01	Upgrade
Long-Term Deferred Tax Liabilities	132.9	132.19	137.37	134.22	122.24	Upgrade
Total Liabilities	164.22	193.2	177.71	188.31	225.25	Upgrade
Common Stock	317.71	317.71	317.71	317.71	317.71	Upgrade
Retained Earnings	332.35	330.97	347.93	324.82	257.77	Upgrade
Comprehensive Income & Other	-4.85	-5.74	-6.3	-5.07	-11.42	Upgrade
Shareholders' Equity	645.21	642.93	659.33	637.46	564.06	Upgrade
Total Liabilities & Equity	809.43	836.13	837.04	825.77	789.31	Upgrade
Net Cash (Debt)	14.57	42.3	13.19	39.9	82.91	Upgrade
Net Cash Growth	-65.56%	220.65%	-66.94%	-51.87%	-21.85%	Upgrade
Net Cash Per Share	0.23	0.66	0.21	0.62	1.30	Upgrade
Filing Date Shares Outstanding	64	64	64	64	64	Upgrade
Total Common Shares Outstanding	64	64	64	64	64	Upgrade
Working Capital	26.39	34.14	27.19	28.93	29.58	Upgrade
Book Value Per Share	10.08	10.05	10.30	9.96	8.81	Upgrade
Tangible Book Value	645.21	642.93	659.33	637.46	564.06	Upgrade
Tangible Book Value Per Share	10.08	10.05	10.30	9.96	8.81	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.