Esim - South Korea Asset Report - Day 15
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South Korea Asset Report - Day 15 (Old article)
Posted 12 years ago by
South Korea Org    
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Don't have much that we can report on publicly as far as the return of our regions goes other than we have some PM's out there working on it. What we can do is give you an update on how we stand in regards to the assets our country currently holds compared to the day we gained control of the South Korea Org.

On Day 3, South Korea held the following assets:
»In South Korea Org, 157 Gold.
»n South Korea Org, 13,410 KRW.
»In South Korea Org, company South Korea Diamonds valued at 20 Gold (Q1).
»In the South Korea treasury, 50 Gold.
»In the South Korea treasury, 5,084 KRW.

Total assets on Day 3:
207 Gold
18,494 KRW
South Korea Diamond Company (20 Gold)

-----

On Day 15, South Korea held the following assets:
»In South Korea Org, 221 Gold.
»In South Korea Org, 16,968 KRW.
»In South Korea Org, 57 IDR.
»In South Korea Org, company South Korea Grain valued at 20 Gold (Q1).
»In the South Korea treasury, 20 Gold.
»In the South Korea treasury, 366 KRW.
»Government-controlled Military Unit, ROK Armed Forces, valued at 75 Gold (15-slot Novice).

Total assets on Day 15:
241 Gold
17,334 KRW
57 IDR
South Korea Grain Company (20 Gold)
ROK Armed Forces Military Unit (75 Gold)

-----

Total change in assets between Day 3 and Day 15:
+34 Gold
-1,160 KRW
+57 IDR
==Company (20 Gold)
+Military Unit (75 Gold)

Total change in assets, in terms of Gold value:
+34 Gold
-6 Gold (1,160 x .005 G)
+4 Gold (57 x .07 G)
+75 Gold (ROK Armed Forces)
=
107 Gold Increase in South Korean assets

-----

Commentary: While it's obvious there has not been much demand for our currency, mostly due to us being occupied, we have been able to make a steady profit of about 1.5 Gold per day selling the grain still being created by the active employees in South Korea Grain and selling it on the Indonesian market. And before that we were able to make a sizeable amount of profit selling the diamonds created by the old government diamond company on the (at the time) very volatile Indonesian market. So we have been able to create income out of essentially nothing, as the currency we are paying the employees with is basically worth a fraction of it's actual value to the government (seeing as how we can print it at .005 Gold per Won).

That's about it,
Afanasiy Drago , President
Scyfi , Minister of Finance
Erumaron , Minister of Employment


Previous article:
첫째날 해야할 일 First Day Guide for New Citizens (12 years ago)

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[IMPORTANT] KRW Currency Redomination (12 years ago)

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