Story last updated at 5/21/2014 - 5:39 pm
Southeast's regional Native corporation announced $35 million in losses during 2013 while directing blame at a pair of Hawaii projects that cost the company about $26 million.
According to the company's financial documents, however, Sealaska's bottom line was boosted by payments from other Native corporations.
Without those payments, Sealaska would have lost $56.7 million.
As of December 31, the company had about $32.9 million in cash, another $47.3 million in short-term investments and access to $41.5 million in credit. The company's longer-term funds add up to about $127.8 million.