These 5 Montana Corps filing with the SEC had Audited under US Generally Accepted Accounting Principles (US GAAP) Total After-tax Net Income of $241 mil in the most recent fiscal year 2011, which was an increase of $217 mil, or an off-the-charts 904% above the $24 mil earned by these same companies just three years earlier in 2008.
So if the question to be answered is whether, in the aggregate, these 5 Montana Corps are better off now than they were in the last year of the Bush/Cheney Administration in 2008, the answer is clearly yes, and by 9 times better, as earnings performance is measured by the prestigious US Accounting Profession.
Below here is the Audited under US GAAP After-tax Net Income or Net Loss for each of these 5 Montana Corps for each of the most recent four fiscal years. All 5 Montana Corporations have a December Fiscal Year End (FYE).
| FYE | FYE | FYE | FYE | ||
| 2011 | 2010 | 2009 | 2008 | ||
| Reported | Reported | Reported | Reported | ||
| Audited | Audited | Audited | Audited | ||
| After-Tax | After-Tax | After-Tax | After-Tax | ||
| Net Income | Net Income | Net Income | Net Income | ||
| (Loss) | (Loss) | (Loss) | (Loss) | ||
| HQs | mil $s | mil $s | mil $s | mil $s | |
| Montana Corps | |||||
| Bacterin International | Belgrade | (3) | (19) | (4) | 0 |
| First Interstate Bancsystems | Billings | 45 | 37 | 54 | 71 |
| Gas Natural Inc | Great Falls | 5 | 6 | 7 | 3 |
| Glacier Bancorp | Kalispell | 50 | 42 | 34 | 66 |
| Stillwater Mining | Billings | 144 | 50 | (9) | (116) |
| Total all 5 Montana Corps | 241 | 116 | 82 | 24 | |
| Annual Increase | |||||
| …..Amount | 125 | 34 | 58 | ||
| …..Percentage | 108% | 41% | 242% | ||
| Three Year (2008-11) Increase Under Tester/Baucus/Obama | |||||
| …..Amount | 217 | ||||
| …..Percentage | 904% | ||||
