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FarmerBob (Little Upsilon)
All worlds
11 Dec 2008 14:24Link
Recently IPO'd Country Controlled Public Corporations are paying out $4B+ per month in dividends. This is odd as the the Profit Transfer percentage is set to zero. The country is 0 Tax and 0 transfer, so no payments should be made, yet they are. These profitable corps are suffering net losses due to this automatic payment.
Is there a separate setting somewhere that I am missing?
Example Corp.
Cash at start of previous month 53,846.76M SC$
Salaries Paid -258.24M SC$
Interest Paid 0.00M SC$
Country Resources Used 0.00M SC$
Fixed Property Cost -409.06M SC$
Maintenance Products Bought 0.00M SC$
Raw Materials Bought -1,208.09M SC$
Raw Materials Sold 0.00M SC$
New Loans Taken 0.00M SC$
Loans Paid Back 0.00M SC$
Tax Paid 0.00M SC$
Profit Payment Paid -4,000.00M SC$
Upgrades Bought 0.00M SC$
Damage Re
Is there a separate setting somewhere that I am missing?
Example Corp.
Cash at start of previous month 53,846.76M SC$
Salaries Paid -258.24M SC$
Interest Paid 0.00M SC$
Country Resources Used 0.00M SC$
Fixed Property Cost -409.06M SC$
Maintenance Products Bought 0.00M SC$
Raw Materials Bought -1,208.09M SC$
Raw Materials Sold 0.00M SC$
New Loans Taken 0.00M SC$
Loans Paid Back 0.00M SC$
Tax Paid 0.00M SC$
Profit Payment Paid -4,000.00M SC$
Upgrades Bought 0.00M SC$
Damage Re
S
Slare (Golden Rainbow)
All worlds
11 Dec 2008 21:26Link
Those are dividend payments, not profit transfers:
1: Profit Sharing is done first, and is paid to the majority shareholder. I don't know whether this is charged against net or gross profits. You can set this.
2: Public corps always pay dividends when their cash level gets high enough. This is charged against net profits, and is distributed to all shareholders based on ownership. You cannot change this.
2: P/E is based on gross profits. So dividends don't hurt P/E. Dunno about profit sharing.
Hope that clarifies.
1: Profit Sharing is done first, and is paid to the majority shareholder. I don't know whether this is charged against net or gross profits. You can set this.
2: Public corps always pay dividends when their cash level gets high enough. This is charged against net profits, and is distributed to all shareholders based on ownership. You cannot change this.
2: P/E is based on gross profits. So dividends don't hurt P/E. Dunno about profit sharing.
Hope that clarifies.
Q
quaxocal (Golden Rainbow)
All worlds
12 Dec 2008 04:26Link
Any corp with more than 50B pays out 4B automatically as a profit payment.
Over 75B pays out 8B.
Over 75B pays out 8B.
A
Angus88 (Little Upsilon)
All worlds
12 Dec 2008 08:29Link
I think the GM rationale would be because those corporations are far superior to other corporations of the same product they are only allowed a limited amount of cash so they can't survive market crashes.
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FarmerBob
All worlds
12 Dec 2008 13:36Link
Thanks folks.