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Fiscal Year 2013 Operating Budget Department of Environmental Conservation Conference Committee (CC) Book Legislative Finance Division Box 113200 Juneau, AK 998113200 (907) 4653795 www.legfin.state.ak.us

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What is reporting condensed base?

Reporting condensed base is a simplified and summarized version of financial reports that provides concise information about an organization's financial performance.

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The purpose of reporting condensed base is to provide stakeholders with a quick overview of an organization's financial status and performance.

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Key financial information such as revenue, expenses, assets, liabilities, and net income must be reported on reporting condensed base.

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