BRISTOL BAY NATIVE CORPORATION
AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2019 and 2018
(1) NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES
(A) NATURE OF OPERATIONS
The operations of Bristol Bay Native Corporation (Corporation) include the following business lines:
• Industrial Services (includes petroleum distribution)
• Construction
• Government Services
• Portfolio of public and private passive
investments, some of which are managed by
outside investment managers
• Subsurface and other natural resource management
• Tourism
(B) PRINCIPLES OF CONSOLIDATION
The accompanying consolidated financial statements include the accounts of the Corporation and its wholly,
and majority owned, subsidiaries:
Bristol Resources, Inc. SES Technologies LLC CCI Facility Contractors, LLC
Bristol Bay Corporate Services, Inc. Panhandle Power Solutions, LLC CCI Facility Support Services, LLC
Bristol Bay Architects, Inc.* Badger Technical Services, LLC CCI Prime Contractors, LLC
Bristol Bay Parking, LLC Bristol Bay Shared Services, LLC CCI Energy Contractors, LLC
Bristol Bay Development LLC DefendSafe, LLC CCI Alliance, LLC
Bristol Bay Development Fund, LLC Eagle Applied Sciences LLC Aerostar SES LLC
AN-AN, C, LLC Eagle Medical Services, LLC SES Construction and Fuel Services LLC
Arctic Holdings, LLC Eagle Integrated Healthcare, LLC SpecPro Environmental Services LLC
PetroCard, Inc. (PC) Eagle Global Scientific, LLC Workforce Resources, LLC
Bristol Alliance Fuels, LLC Glacier Technical Solutions, LLC SpecPro Technical Services, LLC
Bristol Bay Petroleum Properties, LLC Glacier Technologies LLC SpecPro Management Services, LLC
Katmailand, Inc. MedPro Technologies, LLC STS Systems Integration, LLC
Katmai Air, LLC Bristol Infrastructure
Design Services, LLC** STS Systems Support, LLC
Katmai Lodge, LLC
Katmai Air Leasing, LLC
Bristol Bay Mission Lodge, LLC
Bristol Environmental Solutions, LLC**
Bristol Construction Services, LLC**
Bristol Design Build Services, LLC**
Bristol Environmental Remediation
Services, LLC**
STS Solutions and Training, LLC
SpecPro, Inc.
SpecPro Professional Services, LLC
Bristol Prime Contractors, LLC**
Bristol Site Contractors, LLC**
Umyuaq Construction**
SES Infrastructure Services, LLC
CCI Construction Services, LLC
Bristol Engineering Services Company, LLC** CCI Energy and Construction Services, LLC
Bristol General Contractors, LLC** CCI Group, LLC
Bristol Industries, LLC** CCI, Inc.
SES Electrical LLC CCI Mechanical, LLC
SES Civil Contractors LLC CCI Solutions, LLC
SES Energy Services LLC CCI General Contractors, LLC
Aerostar, LLC CCI Utility Services, LLC
STS Systems Defense, LLC
TekPro Services, LLC
TekPro Support Services, LLC
Vista International Operations, Inc.
Vista Technical Services, LLC
Vista Defense Technologies, LLC
Bristol Bay Industrial, LLC
Peak Oilfield Service Company LLC
CCI Industrial Services, LLC
Kakivik Asset Management, LLC
Alaska Directional, LLC
Bristol Bay Alaska Tourism, LLC
* No significant activity in 2019, 2018 or 2017.
** Wholly owned and consolidated through July 31, 2018
M anagement ' s D iscussion and A nalysis
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