DoF Report
Reserve Bank of Australia
Dear Aussies,
In the end of the term I will present you data with our incomes and expenses. You will find that Combat Orders are not a part of following graphs - they were 100% private funded. Our new bonuses brought us higher profit for all producers and if we want higher production to countinue this way we have to work for the common interests of eAustralia.
At the begining of this term Our finances were:
130 Gold in Reserve Bank of Australia
62 000 AUD in Country Treasury
50 Gold in Country Treasury = 10 000 AUD.
Note that one piece of gold in CT has constant value of 200 cc. It is not related with Monetary Market rate.
I don't count currency from endorsement as incomes.
Donations:
- Rusty donated 14 000 cc into CT for his True Dictator Medal;
- JackTrout sent 30 000 cc to CT for signing MPPs with political purpose;
- A player donated 10 000 cc for signing MPP with Romania;
- Another 40 000 cc donation from anonymous player. The reason for that is a secret, sorry.
- 25 Gold to Country Treasury = 5000 cc.
Our CP/Dictator will send back Indonesian taxes for the days after the Agreement. We will keep all taxes from Indonesia for the time their NE on us was active.
From the graph shown above you may notice that our daily incomes vary every day but never drop below the level of 2600 cc. It depends of tournaments, world prices, foreign sellers and other factors. If the minimum daily incomes from the market are around 200 cc then the constant value for Work Tax only will be 2400 cc. That would mean 1% WT = 800 cc for August.
We terminated the renting agreement with Peru. Here from DoF newspaper I can tell you only the financial reason. Peruvian government was messaged several times about our renatal agreement and our taxes back. They ignored our request to restore the taxes they took from our regions last term and in the begining of the current one. The total sum is 15969 cc. Open this spreadsheet for more information, browse the past terms too.
Currently 6 Organizations have active rental agreement with the Government. If you are interested to rent one, please write below as a comment. The tax is 10 Gold / month.
100 000 cc has been moved to RBA and we will leave as much currency into Country Treasury as they were in the begining of the term.
Minister of Finance:
J Seemore
Comments
Thank you, J, very nicely presented.
good job!
I still fail to understand how the spreadsheet of money reads 75 gold yet the RBA holds 195 gold.
Doesn't really show us our funds
https://docs.google.com/spreadsheets/d/1II5fegWN5rikx6PfYs_5EnJBwFoaP8phGXpzQAa_IAY/edit#gid=0
It is pretty visible 🙂
from the table:
Funds in CT 83K - 68K = 15K cc = 75 Gold, so 1G=200cc - that is the way how the spreadsheet reads the gold
Same for the other gold in the Orgs
154 796-100 196 = 54 600cc = 195 G, which means the spreadsheet reads this gold with rate of 280cc for 1 gold.
If you meet further difficulties please let me know and I will explain you.
gold has constant value of 200 gold yet you used the monetary market value 280cc as the rate which one is which please
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Open the spreadsheet from the comment above.
I dont understand, you have in the text that there was 130g in the RBA, yet in your spreadsheet, you have an opening balance for the month of 100k cc.
Then later there is a donation of 100k cc. So shouldnt there be 200k cc in the RBA now?
Or is your spreadsheet for Aug 'Opening Balance', the balance at the end of Aug, which makes it all more confusing?
"At the begining of this term Our finances were:
130 Gold in Reserve Bank of Australia"
100 K cc has been transferred to RBA, it is written clearly and it is shown in the table. From CT the funds go to RBA.
OK SO TO FINALISE WE HAVE 280696 IN CASH AND 352.95 IN GOLD IN RESERVE BANK
sorry about caps , also the 25 gold donation was put as 5k where it should be 94000 plus 25 gold unless converted to cash and then should have something in currency trading to reflect this
Very good report of MoF
Voted!