Stock Exchange Listing TSX - LIF


2014 Second Quarter Report
Labrador Iron Ore Royalty Corporation (“LIORC”) is a Canadian corporation resulting from the conversion of Labrador Iron Ore Royalty Income Fund (the “Fund”) under an Arrangement effective July 1, 2010. It holds a 15.10% equity interest in Iron Ore Company of Canada (“IOC”) directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited (Hollinger-Hanna), and receives a 7% gross overriding royalty and a 10 cent per tonne commission on all iron ore products produced, sold and shipped by IOC.

Investment Highlights

Year ended December 31 2013 2012
($ in millions except per share information)
 
Revenue 139.3 124.2
Net Income [1] 148.8 122.5
Adjusted Cash Flow [2][3] 115.4 75.1
Net Income per share [1] $2.33 $1.91
Adjusted Cash Flow per share [2][3] $1.80 $1.17
Cash Distributions per share $1.875 $1.50
[1] 2012 restated
[2] See Management’s Discussion & Analysis for definition
[3] 2013 Includes IOC dividends totaling $40.0 million or $0.63 per share
 

All amounts in CAD unless otherwise noted.