Labrador Iron Ore Royalty Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Cash & Equivalents	13.74	14.57	42.3	13.19	39.9	82.91
Cash & Short-Term Investments	13.74	14.57	42.3	13.19	39.9	82.91
Cash Growth	188.74%	-65.56%	220.65%	-66.94%	-51.87%	-21.85%
Accounts Receivable	34.98	42.16	52.84	53.87	42.76	49.68
Other Receivables	4.09	0.98	-	0.47	0.36	-
Total Trade Receivables	39.07	43.14	52.84	54.34	43.12	49.68
Total Current Assets	52.82	57.71	95.14	67.53	83.02	132.59
Long-Term Investments	735.24	751.72	740.98	769.52	742.75	656.72
Total Assets	788.05	809.43	836.13	837.04	825.77	789.31
Accounts Payable	7.33	8.92	11.21	11.54	9.29	10.79
Other Current Liabilities	19.2	22.4	49.8	28.8	44.8	92.23
Total Current Liabilities	26.53	31.32	61.01	40.34	54.09	103.01
Other Long-Term Liabilities	130	132.9	132.19	137.37	134.22	122.24
Total Long-Term Liabilities	130	132.9	132.19	137.37	134.22	122.24
Total Liabilities	156.53	164.22	193.2	177.71	188.31	225.25
Common Stock	317.71	317.71	317.71	317.71	317.71	317.71
Accumulated Other Comprehensive Income	-4.58	-4.85	-5.74	-6.3	-5.07	-11.42
Retained Earnings	318.4	332.35	330.97	347.93	324.82	257.77
Shareholders' Equity	631.52	645.21	642.93	659.33	637.46	564.06
Total Liabilities & Equity	788.05	809.43	836.13	837.04	825.77	789.31
Net Cash (Debt)	13.74	14.57	42.3	13.19	39.9	82.91
Net Cash Growth	188.74%	-65.56%	220.65%	-66.94%	-51.87%	-21.85%
Net Cash Per Share	0.21	0.23	0.66	0.21	0.62	1.30
Book Value	631.52	645.21	642.93	659.33	637.46	564.06
Book Value Per Share	9.83	10.08	10.05	10.30	9.96	8.81
Tangible Book Value	631.52	645.21	642.93	659.33	637.46	564.06
Tangible Book Value Per Share	9.83	10.08	10.05	10.30	9.96	8.81