Stock Exchange Listing TSX - LIF.UN


Q1 2012 
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 2011 2010
($ in millions except per unit information)
 
Revenue 162.5 164.4
Net Income 209.3 214.1
Adjusted Cash Flow [1] [2] 158.1 170.6
Net Income per Unit  $3.27 $3.34
Adjusted Cash Flow per Unit [1] [2] $2.47 $2.67
Cash Distributions per Unit $2.25 $2.25
 
[1] See Management’s Discussion & Analysis for definition
[2] Includes IOC dividends totaling $60.2 million or $0.94 per Unit (2010 - $74.0 million or $2.31 per Unit)
 
 

All amounts in CAD unless otherwise noted.