ANCSA Regional Corporations: Update for 1993-2001

1. ANCSA Regional Corporations:Update for 1993-2001 Steve Colt Institute of Social and Economic Research University of Alaska Anchorage afsgc@uaa.alaska.edu Web site: http://hosting.uaa.alaska.edu/~afsgc/ 4 June 2003

2. History • 1971 – ANCSA Passed • Regional corps promised $6,000 per shareholder in start-up capital • Plus land (!) • 1976 – Corporations began operations • 1980 – Cash distribution completed • Much of asset base in financial assets

3. History • 1980-1986 • Active investments, mostly within Alaska • Some major losses • 1986-1990 • Reorganization, rethinking • Shareholder permanent funds • 1990s • New beginnings, new directions

4. History • 1970s – Childhood • 1980s – Teenage Years • 1990s – Young Adults • Childhood = 1976 – 1992 • Adulthood = 1993 – 2001

5. Total Assets ($000)

6. Total Revenues ($000) Avg growth: 76-92=13.8% , 92-2001 = 17.3%

7. Net Income ($000)

8. Adjusted Net Income ($000)

9. Return on Equity

10. Cumulative Adjusted Net Income ($000)

11. Dividends ($000)

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