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Consolidated Balance Sheets
 
Bering Straits Native Corporation and Subsidiaries
March 31, 2000 and 1999
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2000
1999
Assets
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Current Assets:    
  Cash and cash equivalents
$ 1,636,790
1,117,336
  Marketable securities - trading (notes 3 and 4)
8,272,232
5,098,296
  Marketable securities - available for sale (notes 3 and 4)
7,128,376
9,506,267
  Receivables
        Current installments of notes receivable
2,086
3,870
        Trade accounts
548,350
509,770
        Income taxes
129,643
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        Interest
66,661
80,373
        Deferred tax asset
982,392
567,405
                      Total receivables
1,729,132
1,161,418
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  Inventories
140,937
174,183
  Prepaid expenses
51,438
24,875
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                      Total current assets
18,967,905
17,082,375
 
Property and equipment, net (notes 5 and 6)
11,039,764
10,782,462
Other assets
115,418
142,576
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                      Total assets
$ 30,123,087
28,007,413
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Liabilities and Shareholders' Equity
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 Current liabilities
  Current installments of long-term debt (note 7)
$ 224, 229
172,478
  Accounts payable and accrued expenses
675,557
779,353
  Deferred revenue
94,908
75,386
  Deposits held
45,087
45,578
  Current deferred tax liabilities (note 10)
1,197,091
803,971
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                      Total current liabilities
2,236,863
1,876,766
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 Long-term debt, less current installments (note 7)
2,240,639
1,637,857
Long-term deferred tax liabilities (note 10)
137,429
138,907
 Minority interest
223,606
211,495
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                      Total liabilities
4,838,537
3,865,025
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 Shareholders' equity:
  Capital stock (note 8)
35,691,556
36,008,207
  Deficit, inception to January 23, 1989
(27,106,104)
(27,106,104)
  Retained earnings subsequent to reorganization
15,726,278
14,134,893
  Accumulated other comprehensive income - unrealized gains on marketable securities, net (note 11)
15,726,287
14,134,893
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                      Total shareholders' equity
25,284,550
36,008,207
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Commitments and contingencies (note 9, 10, and 12)
                      Total liabilities and shareholders' equity $ 30,123,087 28,007,4113
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See accompanying notes to consolidated financial statements