Country Owned Public Cash Distributions

When a public company distributes money because of overfull coffers, the distribution is not actually given to the country in any respect.

Example: June 4669, the public company makes a $40B distribution. Its profit transfer is at 0%.
The country in which the company resides controls 85% of the shares.
The country has no stake in any other public company within the country.
The country receives $0 dividends for the months of May, June and July.
The profit paid by state owned corporations does not indicate any $40B increase for the month of June or July (it is only ~$20B on average.)

Unfortunately, I don't have any other stakes in the company to analyze if the $40B was split solely among the 15% investment funds (though that would be difficult anyways given lack of tools for investment fund accounting.) Still, even if that were the case, there's no real reason for that.

As far as I can tell

I made the same observation. This bug only applies to country public owned, not enterprise public owned.

Agreed. Also, I can verify that investment funds do receive disbursements. This bug seems to only impact country treasuries.

Has there been any news on this?

There is no difference between country owned public corps and other public owned corps.

the difference is in the share ownership.

in all cases of public corporations, dividends are paid to the share owners according to their share in the company.
In some cases the country is the largest share owner, in other cases it is a private share owner (CEO) or an investment fund.

We have not see any case proving anything else.

If you have encountered a problem and able to show how it goes wrong, we are very interested to see that and will of course fix ASAP.

It is probably not easily shown, but we need to see it.

Corporation 4398004 on WG
Hesston Cattle Feed
It disbursed $40B in December of 4685. It's 90% controlled by the country, Medialis. So Medialis should have received $36B. But it received nothing.

This problem isn't with dividends, it's cash surplus disbursements.
To be 100% clear, here's a couple more pictures.

Proof of disbursement

Proof of ownership

I cannot follow these numbers.
don't see the financial page of the country.
there can be delays of a game month before numbers show up.

To see what happens, you need to show an example, with country name, world name, corporation etc.

We will login and check the numbers.
we can then also see the transactions on our logs, showing where amounts are going and where they pop up.

Hmm, okay, let me think of the simplest way to put it.

You have a public corporation. A country owns some portion, let's say 50%.

The corporation has a large amount of cash. There is a system where the corporation will distribute that excess cash to owners if it exceeds a certain amount. Let's say that limit is $140B.

The corporation hits that excess amount and thus sends money to all of its owners. Let's say that amount is $40B. So the corporation's cash goes down from $140B to $100B. That $40B goes to the owners.

The country, owning 50% of the corporation, should receive 50% of the $40B.
The country receives nothing. There is no cash received by the country.
Investment funds and enterprises are not affected - they receive the money just fine.

Take a look at the profit chart above for Medialis. There is no $30B blip anywhere. I understand the delays in the game, but this was 10 months ag

You can still check that corporation and country.

WG - Medialis - Hesston Cattle Feed - December 4685

Here's another that just happened. Same things as above, just different corp.
WG - Medialis - Peoria Military Services - Sept/Oct 4686


Corporation Ownership

Funds are disbursed by corp

No extra money showed up

Hern, like I said, I made the same observation months ago. It only applies to country public controlled corporations. I understand Andy needs proof, but proofing that you did not receive cash transfer influx in a country, with this -not so optimal for browsing- cashflow statement is practically impossible. I did however check by then some multiple months due what Andy said, but I never saw the influx registered.

I know, he can easily see it with a simulated country and corporation, but he asked for proof. This is the best I can do.

I asked for proof because the process is not simple.
I was involved both in the development and the testing.

I believe in the concept and it proved to be correct.

now you say there is an error.
There might well be one, I personally fixed many. But then there must be some faulty transaction causing it and I need to see one, somewhere.

I explained on the other trail that the pricing fluctuations take place all the time with a huge number of transactions taking place.

Most data is probably visible in the transaction logs.

I am all for transparency. If I had more time and a smaller number of features waiting to be added, I would add more detailed logs.

But Andy, it doesn't show in the transaction log for the country. That's the problem!!! The money disappears!
We can't see where that money goes from the corporation page, maybe you can.

Have you had any luck at investigating this Andy? It really discourages countries from making public corporations, since they lose out on so much of the profit.

We did not see any errors yet.
Moreover, all countries we looked at that have a public corporations, have income from dividends.

I do not have a definitive response.

Country listed public corporations have an item called"

"Profit payments paid"

They pay part of their profits.
who is receiving the money.

I country owned corporations, the owner gets the money.
the owner is the country.

In private corporations owned by an enterprise, the owner receives the money.
The owner is the enterprise.

Andy, it's not the dividends, ughhhhhhhhhhhhhhhhhh
Those work, we know. We agree.

It's when the "Cash Available" inside of a corporation exceeds the arbitrary limit and the corporation gives out 20-40B to its owners to reduce its cash on hand. When that excess cash is paid out, countries do not receive anything when the corporation is public. That's the problem.

Let me put it this way: if you turn profit sharing to 0% you will never EVER receive money from a public corporation as a country. EVER. Because when its cash on hand gets too high, paying out to the country is broken and that money just disappears.

I understand.
I will check, but what we see is that public corporations have very high levels of cash.
other corporations move the cash to their owners.

Paying dividends reduces the cash in these corporations.

I am not sure about other cash movements in public corporations.
(accept for buying raw materials, and other cost of production, upgrades, salaries etc.)

I do not expect them to move any cash out, like they cannot get cash from the outside except for when they sell shares.

Hern,

I checked some more and I see no cash movements out of public corporations.
and no cash into these corporations.

what makes you think there are such transfers.

If you see one, please send me the world name, country, name of the public corporation where there is money moving elsewhere.

We had requests in the past to make cash movements possible.
we argued against it because it implies we will force share owners to pay additional money into the corporations and for what exactly?

We said at the time that a corporation can issue new shares and sell them on the market to raise cash and also, they can purchase their own shares on the stock market, using any surplus cash they may have.

I missed the point at the start of this discussion.
I thought it was about dividends because the only way for a public corporation to distribute cash is by paying dividends.

A public corporation never just make payments to shareowners.
it only pays dividends.

other corporations, state owned and privatly owned are moving cash to the owners when the cash level is too high.

this mechanism does not apply to public corporations.

Please look at the graph I posted up above. It's a public corporation. It definitely made a 40B distribution. Same with the military services corp above. If they were buying supplies, it wouldn't affect the profit graphs that I showed. That only happens when it's a cash distribution.

I can verify that enterprises do receive this disbursement, as do country funds, it's only countries themselves that do not receive them.

I know that direct transfers are not possible, as it should be (that'd be crazy! haha) These are disbursements triggered by the system, not the player.