Oct 5th 2008, 05:35 SLIB SLIB, SL International Business
by Tyrian Camilo

Financial Update

This month has been giving us signs of business starting to flow smoother and better profits. Despite, CEO Tyrian Camilo being very hectically busy with RL, things has been progressing.

We are happy to inform an all-around profitable month.

Somethings are harder to track now due to changing business plans, automation etc. We've done our best to estimate as close as possible to the real numbers.

Here are some interesting statistics for period 1st of Sept, till 5th of Oct:
Total expenses: 1,955,299L$
Debt interests paid: 156,030L$
Stock buybacks: 52,500L$
Debt repayments: 313,625L$ (We fluently payback, and take some during months)

Mainland rentals revenue: 65,146L$
Estate rentals revenue: 739,967L$ (Full sims, openspaces, parcels, kiosks etc.)
Estate tier payments revenue: 511,841L$
Estate tier payments made (expense): 1,111,800L$ (some sims have been paid during this time already twice, which account for 288,750L$)

An shares buyback of 70,000L$ will be done very shortly.



Here is our "usual" (with some updates to displayed data) financial report:
Exchanges
WSE Portfolio: 459 623,71L$
SL Capex Portfolio: 6 308,00L$
ANCAPEX 634 609,03L$

Real Estate
Mainland 252 544sqm
Estates Vacant 106 304sqm
Islands 11
OpenSpace sims 4
Mainland, past month 1 010 176,00L$ 4,00L$/sqm
Estates Vacant Land 106 304,00L$ 1,00L$/sqm
Islands Value 3 025 000,00L$
OpenSpaces value 275 000,00L$

Loans
Mortgages 0,00L$
Receivable loans 768 351,91L$

Other
Group Limbos 0,00L$
Misc. Receivables 0,00L$
Equipment (Software) 1 754 438,54L$
Inventory 50 000,00L$

Total Assets
Cash on hand 221 426,00L$
Total Assets 8 316 076,18L$

Liabilities
Reimburseable left 1 038 307,73L$
Stock Buybacks left 700 464,06L$
Debt 3 805 000,00L$
Total 5 543 771,79L$

Bottomline
Bottomline profit 2 772 304,39L$