AVISTA CORP
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
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Other Businesses
The following table shows our assets related to our other businesses, including intercompany amounts as of December 31 (dollars in thousands):
| Entity and Asset Type | 2023 | 2022 |
|---|---|---|
| Avista Capital | ||
| Equity investments | $153,350 | $147,809 |
| Real estate investments | 4,512 | 7,852 |
| Notes receivable – third parties | 20,380 | 17,954 |
| Other assets | 2,452 | 2,865 |
| Alaska companies (AERC and AJT Mining) | 10,971 | 10,547 |
| Total | $191,665 | $187,027 |
Avista Capital equity investments are primarily investments in emerging technology and biotechnology companies and venture capital funds, as well as investment in a joint venture focused on local real estate development and economic growth.
Alaska companies includes AERC and AJT Mining, which is a wholly-owned subsidiary of AERC and is an inactive mining company holding certain real estate.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.