Labrador Iron Ore Royalty Corporation (LIORC) on Friday reported that consolidated net income for the year ended December 31 totalled $54.7-million, or $0.85 a share, compared with $104.1-million or $1.63 per share in 2014.
Adjusted cash flow for the year was $56.2 million, or $0.88 a share, as compared with $113.6-million, or $1.77 a share for 2014.