Bank of England
February Term - Report 3 - Quite term was quiet
February Report 1: http://www.erepublik.com/en/article/-mof-february-report-1-time-to-invest--2217925/1/20
February Report 2: http://www.erepublik.com/en/article/-mof-february-report-2-why-invest--2221314/1/20
As I am sure you all know the plan for this term was to save. Now sadly the economy module actually slowed that down massively. The MM was deemed safe for government money quite late into the term which means we only managed to have orgs cash out for 5 days. However those five days were still quite lucrative in comparison.
Now, this is the last report of the term obviously. At the time of writing this I do not know if I will be your MoF again next month as it is up to the people (reports are written a good couple of hours before release so I do not know who wins yet). I will be summing up our current cash position and telling you what I will do if I am MoF next term (purely speculative).
Introducing old school non graphics
Orgs we invest with:
Starting Cash: 1670623
Current Cash: 1688997
£4,000 was all of the expenses we paid with our Orgs this term, quite the contrast to the last two. This was all spend by the MoD to start a resistance war. Four people were paid to sponsor the starting of the battle with Norway.
MM Profit: £22,374
Overall Profit: £18,374
As the MM was only declared safe to invest on over two weeks into this term we only actually had 5 days of the MM cashing out (it takes ten days). For that reason the £22,374 was only made over a 5 day period.
MM Profit per day: £4474 (over this 5 day period)
Lets hope this is able to continue into next term.
Other Org Cash: (CP account and BoE)
Starting Cash: £139865
Current Cash: £139865
There was no reason for the CP to need to use the CP org this term, thus no money was spent. No change here, nothing exciting to report!
This term we spent a total of £120,000 on MPPs. This was our only expense.
Starting amount on the Country Accounts: £159,144
Current Amount on the Country Accounts: £183,180
Total amount made from tax: £144,036
Amount from tax per day: £5144
Total Change: £24,036
Overall Term Change:
As you can see we made a profit of £42,410 overall this term. Given the current economic climate and the cost of MPPs that is quite impressive. Hopefully now we can capitalise on the MM before it crashes/rises again and get some real cash from it.
If B&E wins the current election I will be your MoF again next term. It looks like B&E has a little more for me than usual, I won’t just be looking after the accounts and keeping people informed but also getting some guides out there for the people.
I am looking for anyone happy to write guides which can be related to the MoF to contact me, Really looking to get the information out to the people this next term.
Here is something you can look forward to:
A comparison of all of the terms so far. Taxes / MM / Spending
Some guides on companies and the likes
Investment Schemes Re-Opened
Possibly opening Kravenn’s training ground sponsor idea depending on willing sponsors.
If anyone is interested please contact me.
I am also looking to work with someone graphics related to get me a nice template for my reports, I understand this one is pretty drab.
Thank you all,
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