| FarmerBob (Little Upsilon) | Thursday, December 11, 2008 - 02:24 pm 
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 Repair Paid 0.00M SC$
Products Sold 4,548.29M SC$
Manual Cash Transfers 0.00M SC$
Automatic Cash Transfers 0.00M SC$
Income New/Cost of Retracting Shares 0.00M SC$
Cash beginning of this month 52,519.66M SC$
This is uniform in all the corporations in question.
I have also noted this is some state corporations:
Cash at start of previous month 46,395.28M SC$
Salaries Paid -258.19M SC$
Interest Paid 0.00M SC$
Country Resources Used 0.00M SC$
Fixed Property Cost -431.84M SC$
Maintenance Products Bought 0.00M SC$
Raw Materials Bought 0.00M 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 0.00M SC$
Upgrades Bought -145.97M SC$
Damage Repair Paid 0.00M SC$
Products Sold 4,448.11M SC$
Manual Cash Transfers 0.00M SC$
Automatic Cash Transfers -4,000.00M SC$
Income New/Cost of Retracting Shares 0.00M SC$
Cash beginning of this month 46,007.41M SC$
My country is FI is a bit screwed up at the moment as I converted my corporate structure radically.
Might this be an automatic W3C "fix" in effect? |
| Slare (Golden Rainbow) | Thursday, December 11, 2008 - 09:26 pm
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. |
| quaxocal (Golden Rainbow) | Friday, December 12, 2008 - 04:26 am
Any corp with more than 50B pays out 4B automatically as a profit payment.
Over 75B pays out 8B. |
| Angus88 (Little Upsilon) | Friday, December 12, 2008 - 08:29 am
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. |
| FarmerBob | Friday, December 12, 2008 - 01:36 pm
Thanks folks. |
