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	Mar '26 Mar 31, 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	15.3	14.57	42.3	13.19	39.9	82.91
Cash & Short-Term Investments	15.3	14.57	42.3	13.19	39.9	82.91
Cash Growth	-19.68%	-65.56%	220.65%	-66.94%	-51.87%	-21.85%
Accounts Receivable	35.91	42.16	52.84	53.87	42.76	49.68
Other Receivables	2.33	0.98	-	0.47	0.36	-
Total Trade Receivables	38.24	43.14	52.84	54.34	43.12	49.68
Total Current Assets	53.53	57.71	95.14	67.53	83.02	132.59
Long-Term Investments	743.81	751.72	740.98	769.52	742.75	656.72
Total Assets	797.34	809.43	836.13	837.04	825.77	789.31
Accounts Payable	7.46	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	26.66	31.32	61.01	40.34	54.09	103.01
Other Long-Term Liabilities	131.48	132.9	132.19	137.37	134.22	122.24
Total Long-Term Liabilities	131.48	132.9	132.19	137.37	134.22	122.24
Total Liabilities	158.14	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	-4.85	-4.85	-5.74	-6.3	-5.07	-11.42
Retained Earnings	326.35	332.35	330.97	347.93	324.82	257.77
Shareholders' Equity	639.2	645.21	642.93	659.33	637.46	564.06
Total Liabilities & Equity	797.34	809.43	836.13	837.04	825.77	789.31
Net Cash (Debt)	15.3	14.57	42.3	13.19	39.9	82.91
Net Cash Growth	4.99%	-65.56%	220.65%	-66.94%	-51.87%	-21.85%
Net Cash Per Share	0.24	0.23	0.66	0.21	0.62	1.30
Book Value	639.2	645.21	642.93	659.33	637.46	564.06
Book Value Per Share	10.04	10.08	10.05	10.30	9.96	8.81
Tangible Book Value	639.2	645.21	642.93	659.33	637.46	564.06
Tangible Book Value Per Share	10.04	10.08	10.05	10.30	9.96	8.81