Stock Exchange Listing TSX - LIF


Third
 Quarter Report 2013 
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 2012 2011
($ in millions except per share information)
 
Revenue 124.2 162.5
Net Income [1] 121.8 209.3
Adjusted Cash Flow [2] 75.1 158.1[3]
Net Income per share  $1.90 $3.27
Adjusted Cash Flow per share [2] $1.17 $2.47[3]
Cash Distributions per share $1.50 $2.25
[1] Includes interest income for the year ended December 31, 2012 of $22,464,000 or $0.351 per share (2011 includes $29,952,000 or $0.468 per share)
[2] See Management’s Discussion & Analysis for definition
[3] Includes IOC dividends totaling $60.2 million or $0.94 per share
 

All amounts in CAD unless otherwise noted.