From SEC filings, there were 3 Alaska Companies with stock market caps above $10 mil which filed audited annual financial statements with the SEC in both 2002 and 2003.
In 2002, the year before Murkowski became a US Senator, these 3 Alaska Cos Posted an Audited Total Pretax Loss of $46.3 mil.
Then remarkably, this Total Loss of $46.3 mil in 2002 turned into a Total Pretax Profit of $37.8 mil in 2003, Murkowski's first year as an Alaskan US Senator.
Also from SEC filings, there were 4 Alaska Companies with stock market caps above $10 mil or which were sold for more than $10 mil subsequent to 2012 which filed audited annual financial statements with the SEC consecutively from 2008 through 2012.
In the US Financial Meltdown Year of 2008, these 4 Alaskan Companies posted an Audited Total Pretax Loss of $6.8 Mil in 2008.
But did this Total Pretax Loss ever turn around into Total Pretax Profits of $10.7 mil in 2009, of $31.5 mil in 2010, of $42.6 mil in 2011 and of $64.5 mil in 2012.
From a review of SEC filings, the chart below shows the Audited Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for FYEs Years 2008 through 2012 and 2002 and 2003 for these Alaska Companies.
| 2012 | 2011 | 2010 | 2009 | 2008 | 2003 | 2002 | |||||
| Audited | Audited | Audited | Audited | Audited | Audited | Audited | |||||
| Pretax | Pretax | Pretax | Pretax | Pretax | Pretax | Pretax | |||||
| Alaska Companies | City | Income | Income | Income | Income | Income | Income | Income | |||
| Stock Market Caps or Sold For > $10 mil | HQs | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | |||
| FYE | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | ||||
| Northrim Bancorp | Anchorage | AK | Dec | 19.6 | 16.7 | 13.3 | 11.1 | 9.6 | 17.1 | 13.7 | |
| Alaska Communication Systems Group | Anchorage | AK | Dec | 23.1 | 12.1 | (0.8) | (5.7) | (17.8) | (5.5) | (72.3) | |
| General Communication Inc | Anchorage | AK | Dec | 21.2 | 12.9 | 18.4 | 7.5 | (2.3) | 26.2 | 12.3 | |
| Alaska Pacific Bankshares | Juneau | AK | Dec | 0.6 | 0.9 | 0.6 | (2.2) | 3.7 |
N/A
|
N/A
|
|
| Total all Alaska Companies | 64.5 | 42.6 | 31.5 | 10.7 | (6.8) | 37.8 | (46.3) | ||||
Increase Over Preceding Year
|
|||||||||||
………. Amount in $ mils
|
21.9 | 11.1 | 20.8 | 17.5 | 84.1 | ||||||
………. %
|
51% | 35% | 194% | 257% | 182% |
