2004 Crown Investments Corporation of Saskatchewan Annual Report

Corporate ProfileInvestmentSaskatchewanInvestment Saskatchewan Inc.Investment Saskatchewan wasformerly known as CIC IndustrialInterests Inc. It became a standalone subsidiary in September 2003.The corporation’s mandate is toenhance Saskatchewan’s long-termeconomic growth and diversificationby providing investment capital andfinancing, and to prudently manageportfolios of commercially viableinvestments.PresidentTotal employeesAssetsRevenueProfitJanet Wightman18$704.9 million$274.0 million$19.3 millionWeb sitewww.investsask.com2004Saskatchewan Development Fund CorporationThe Saskatchewan DevelopmentFund Corporation was establishedin 1974 to manage a mutual fundopen to investment by Saskatchewanresidents. The corporation laterexpanded its product line byoffering: RRSPs, Deferred ProfitSharing Plans and term certainannuities. By 1982 the mutualand annuity funds had grown toa combined total of about $42million. In 1983 the corporationdiscontinued the sale of newinvestments. Since then, it hasfocused on meeting the needs of theremaining clients and on the orderlywind-down of the remaining assets.General ManagerAssetsRevenueProfitYear end market valueof the Mutual Fund2004Don Axtell$2.8 million$172,773$61,019$3.6 millionNote: The corporation has no direct employees. CIC staff provide executive andadministrative services to the corporation. The corporation does not maintaina web site. A copy of the 2004 annual report can be obtained by contacting thecorporation at (306) 787-5914.11 C I C