Alaska Settlement Financial Statement is a document that shows the financial status of an Alaska Native Corporation (ANC). It provides an overview of the ANC’s assets, liabilities, and equity. It also includes the ANC’s sources of income, expenses, and distributions. The statement is intended to provide a clear picture of the ANC’s financial health and how the ANC’s funds are being used. There are two main types of Alaska Settlement Financial Statements: the consolidated statement and the individual corporation statement. The consolidated statement is a summary of the financial activities of all the ANC’s entities, while the individual corporation statement is a detailed report of the financial activities of an individual ANC. Both statements are useful in analyzing the ANC’s financial performance and in making decisions regarding the ANC’s future.