Production Summary 2020
![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 2020
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 located in Romanian-held Canada and in Romanian-held USA, although throughout the year they were also located in China and Iran. The pits are backed by 60+ rubber plantations held by me and by another member. Its grown from a base of 24 rubber plantation equivalents to 67 equivalents over the course of 2020. All are located in Romanian-held Canada.
From time to time, we engage in a repurchase transaction where we sell weapons at a high price & later rebuy them when prices return to normal. We hit it big this year when prices spiked to over 300cc in April, although it took us until mid-August to finish the repos. We started the year fat with cash from 2019's repo sales and then finished the repo buyback in early 2020.
Little of this would matter if it weren't for the amazing members who donate to the MU. Namely:
Burlington Food Corporation
Mary Chan
ScottMo
Mann551
The summary of 2020
01/01/2020 tank balance....7,686
Produced......................59,971
Wages........................-33,216
D.O. Rewards .............-35,245
Gifts..........................14,107
Repos (net from 2019's repo) ..............6,021
Repo gain from 2020.....2,500
12/31/2020 tank balance ...21,824
All this costs money. Lots of money. We were helped greatly by the repo deal. Not only do we increase tanks a bit, we also fatten up the wallet. All numbers rounded to nearest 100s
Cash balance at 01/01/2020.....1,329,600
2019's Repo buyback ........-643,600
Wages paid......................-931,800
Cost of weapons raw materials...-763,900
Work taxes......................-189,300
Gold repos.........................4,900
Donation.........................600,000
Housing scheme....................47,600
Donation of True Patriot cash....224,700
Net 2020 Repo...................940,000
Balance at 12/31/2020...........618,200
The "Housing Scheme" is a defunct scheme where the MU bought a member a house, they used the extra health & regen and the MU got the wages. We don't engage in Gold repos very often. Since we don't have an org, we can only buy 10 gold per day, usually at the Power Spin
As of late, we're running this thing at equilibrium. Since the Amazing Journey in November, I have been donating True Patriot cash to the MU. That has kept us at break-even covering the daily wages and work taxes. We produce ~98% of the WRM we need and with the TP cash provided by ample training wars we're looking good for 2021.
Comments
And people thought I was mad for handing off CoI to someone competent! See? This is why, because Wilhem Klink not only knows what he's doing and does it better than I ever did, but actually enjoys doing it!! Now, lets all thank Wilhem for making this both fun and awesome.
Thank you,
Goran Thrax
I'm happy to help where I can
Ya know, I sit here in awe.
All those wonderful numbers look great.
In school I excelled at algebra, geometry and trig. Was a fair hand at calculus. However I have no idea what Klink just said. When we have our business meeting at church, at the end of the financial report pastor always looks at me, and without me saying anything he says, "Yes Fred, we ended up with more than we started with.".
Great job CoI, congrats!
Basically a net gain of approximately 14,000 tanks and a net loss of approximately 700k cc. Converting net tanks to cc at 100cc per tank means a net gain overall of 700k cc
💙💙💙💙
"...net gain overall of 700k cc"
More than you started with! 🤑
Good job Captains of Industry. Keep up the good work!
See you on the battlefield 🤗🤗😊😊💙💙
~hyuu~
Amazing work Wilhem!
Added a clarifying line to the tanks gained from the repo scheme - some of those were 2020's gains so I broke out those 2,500 from 2019's totals.
Not that it matters, but its more accurate this way.
have you considered joining your eCanadian Ministry of Finance?
Sounds like it might be too close to what I do in RL.