Speaker A
65:58 - 66:33
"we take the $10.1 billion in GAAP net income, subtract the $1.8 billion that were the unrealized gains that were experienced in the portfolio, the $41 million that we're sending to ACIF to come to the $8.2 billion of statutory net income, which you can see is significantly higher than FY25"
“we take the $10.1 billion in GAAP net income, subtract the $1.8 billion that were the unrealized gains that were experienced in the portfolio, the $41 million that we're sending to ACIF to come to the $8.2 billion of statutory net income, which you can see is significantly higher than FY25”
- Speaker
- Speaker A
- Timestamp
- 65:58 – 66:33
- Community
- Alaska News
- Location
- Juneau
- Captured at
- September 3, 2026
From the transcript
So for '26, we take the $10.1 billion in GAAP net income, subtract the $1.8 billion that were the unrealized gains that were experienced in the portfolio, the $41 million that we're sending to ACIF to come to the $8.2 billion of statutory net income, which you can see is significantly higher than FY25, mostly— well, mostly due to higher accounting net income.
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