|
Consolidated
Statement of Shareholders' Equity and Comprehensive Income
|
| |
| Bering
Straits Native Corporation and Subsidiaries |
| Years
Ended March 31,2000 and 1999 |
| |
|
|
|
|
|
|
-
|
Capital
Stock
|
Deficit
inception to Jan 23, 1989
|
Retained
earnings subsequent to reorganization Jan 23, 1989
|
Accumulated
other comprehensive income
|
Total
shareholders' equity
|
|
- |
|
|
|
|
|
| Balance
at March 31, 1998 |
$
36,342,585
|
(27,175,308)
|
13,292,294
|
1,426,953
|
23,868,797
|
| |
|
|
|
|
|
| Net
income |
-
|
-
|
842,599
|
-
|
842,599
|
| - |
|
|
|
|
|
| Change
in unrealized gain on available for sale securities, net |
-
|
-
|
-
|
(321,561)
|
(321,561)
|
| - |
|
|
|
|
|
| Total
comprehensive income |
|
|
|
|
521,038
|
| - |
|
|
|
|
|
| Dividends
declared |
(316,651)
|
-
|
-
|
-
|
(316,651)
|
| - |
|
|
|
|
|
| Tax
benefit from net operating loss carryforward credited to pre-bankruptcy
retained earnings |
-
|
69,204
|
-
|
-
|
69,204
|
|
____________________________________________________________________________
|
| - |
|
|
|
|
|
| Balance
at March 31, 1999 |
36,008,207
|
(27,1906,104)
|
14,134,893
|
1,105,392
|
24,142,338
|
| - |
|
|
|
|
|
| Net
income |
-
|
-
|
1,591,394
|
-
|
1,591,394
|
| - |
|
|
|
|
|
| Change
in unrealized gain on available for sale securities, net |
-
|
-
|
-
|
(312,581)
|
(132,581)
|
| - |
|
|
|
|
|
| Total
comprehensive income |
|
|
|
|
1,458,813
|
| - |
|
|
|
|
|
| Dividends
declared |
(316,651)
|
|
|
|
|
|
____________________________________________________________________________
|
| - |
|
|
|
|
|
| Balance
at March 31, 200 |
$
35,691,556
|
(27,106,104)
|
15,726,287
|
972,811
|
25,284,550
|
| - |
|
|
|
|
|
| - |
|
|
|
|
|
|
See
accompanying notes to consolidated financial statements.
|
|
|
|
