CoI Production Summary 2021
![Canada](http://www.erepublik.net/images/flags_png/S/Canada.png)
Wilhem Klink
![](https://i.postimg.cc/pd16WPrK/coi1.jpg)
Production summary of the Daily order Program for 2021
Last years summary
Background : Captains of Industry operates a co-operative "slave pit" where employees earn a modest wage (currently 300cc) + 12 Q7s for each work performed. The Q7 factories are largely located in Northwest Territories, Canada although throughout the year some were also located in various other countries. The pits are backed by 60+ rubber plantations held by me and by another member all of which are in NWT. The program supports a Daily Order program where members of Captains of Industry are awarded Q7s based on the number of kills done + the number of Daily Orders completed. One must be a Canadian to receive weapons.
Funding:I've been involved in the co-operative pits starting on Sept 27, 2012 when I hosted my first worker, Mr. Rotondi, producing Q6s for Friday Fights. The plan was to self-fund the program. It worked for several years, and we used repurchase transactions (Repos) to help financially. A Repo transaction involves selling Q7s when game forces drive the cost up significantly and then rebuying them when the market forces drive prices back down. We had none this year. Q7 weapons dropped on the intro of always-available air rounds and Day 5000 event was an absolute bust. Q7 prices have largely stayed below 90cc with very little movement. I've used gold repos to generate some cash, but its nowhere near the weapon repo levels. I've been donating True Patriot rewards as needed.
Thanks are in order to the people who helped all this along. It is not a solo effort
Mary Chan - for donations of weapons (and also working the pits)
Santa Mann - for donations of weapons (and also working the pits)
ScottMo - for providing WRM (and working the pits)
Joey JoJo Shabadoo - for donations
Duder - for donations of weapons & cash upon his game retirement
Grindarkly
BettyNT
StopperJr
Burlington Food Corp
Alright, lets see them numbers:
01/01/2021 tank balance....21,824
Production................44,042
Employee pay..............(21,888 )
Gifts of tanks............14,846
Daily Order Rewards.......(31,766)
Repos.........................0
Total tanks at 12/31/2021...27,058
Absent the donations, tanks would have decreased by ~9,600
And the cash positions (rounded to the nearest $100)
01/01/2021 cc balance...........618,200
Gold repos (net).................53,300
Donations (others)............. 294,400
Donation of True Patriot cash...559,400
Work Tax........................(286,900)
Wages paid......................(634,500)
WRM purchase.....................(52,800)
Cash at 12/31/2021..............551,100
Without a decent repo action, we needed two big cash donations to keep us going.
Raw Material summary (rounded to nearest 10)
Amount at 01/01/2021.............2,950
Produced..........................74,070
Used in production.............(88,080)
Purchased.........................20,930
Total at 12/31/2021................9,870
For the last eight months we've been net positive in WRM, mostly due to a nice WRM bonus (208% ) coupled with a not-so-great tank bonus (189% )
Work tax
We paid work taxes to a few countries over 2021 as different countries sat on NWT. (rounded to nearest $100)
Romania..........40,700
Lithuania.........13,200
USA...............14,900
Canada..........218,100
Totals...........286,900
A graph (because everyone likes a graph) of the Work Tax in NWT
![](https://i.postimg.cc/NFqTtgyD/Work-Tax-2021.png)
During the two Turkey occupations we were not able to operate our NWT companies since we had an open war with Turkey.
The work tax in Canada has been 1% of the average salary all year, so the graph, at least from where Turkey left the second time, also shows the sudden growth in wages from the beginning of December. It looks like it might have peaked, but time will tell. Work tax ranged from a low of 15.65cc om March 31 to a high of 25.76cc on December 28.
Comments
That spike in December is likely due to me. I was paying some employees all of the month at 5k cc, and then on Christmas day I paid out employees at 5k cc, with some making 10k cc, which drove that average wage up. The average wage is the average of the last 30 days, so with my own wages back in line with market wages, I expect that the average wage will fall pretty quickly as we head through January back to almost regular levels.
I do really enjoy the report. It looks as though CoI relies on donations to keep itself afloat. If there is anything more I can do, please let me know.
Well Canada went from a fairly steady 1,730 average wage in Sept-Nov all the way to a 2,576 average wage a month later. Not sure how many people work in Canadian companies but its probably not that many, so a few richies will skew the avg.
I knew back in 2018 the slave pit model wasn't working anymore. I announced in early 2019 an end to the program, but we had a whole lot of people rally around and keep it going. We've had a reduced payout since ~Day 5000 (mostly some big hitters left) so its a tale in two parts: In the 31 weeks TO day 5000 we had a net burn of 7500 tanks (or 242 per week average): since Day 5000 we has a net burn of 1800 in 21 weeks (average of 85 per week). Even with a assumed burn of 150 per week, we have three years of tank supply.
~hyuu~
Thanks for the report! I will be returning to the pits in about a month after burning through some more OT.
Kippers made some gold profit in flipping Q7 weapons companies prior to and after the Black Friday company upgrades. It requires resetting the company locations for quickest sales, which would inhibit production. Not a bad idea if you could spare some extra companies.
Napoleon might have some other insights too.
Please advise how do I join the pit?
Look here https://www.erepublik.com/en/economy/job-market/23/4/desc for job offer. Each work (OT included) you get 300cc +12 Q7s