Ok, report can be found here:http://www.eve-bank.net/EBANK Cash Flow Statement January 08.xls
Now for some discussion.
I almost didn't publish this. I've been very frustrated on not being able to really nail down the exact profits per loan before the loan has matured. So much so, that I almost didn't do this report. In the end I decided to post the interest we charged for that month, and the total payments applied to loans for that month. The problem with that is that we're taking those amounts in aggregate...so it's possible that the payments applied to a single loan don't quite cover the interest charged.
Anyway...I reviewed all our loans (by the way, we've done 37 loans within the EBANK loan system since November, with a handful more done manually via Excel spreadsheet) and all of them are being paid down except for the 550 million writedown on a loan default, 100 million of that is "lost profit" and not principle. Also, it was partially secured, we have not liquidated it yet though.
One thing I did not yet do is fully acknowledge the Bond we issued during the last 2 days of January. I'll apply this retroactively during the next report...I may record this liability across the 3 months it runs or just lump it in a single month...not sure yet.
Anyway, that said; I'm going to do a NAV report to confirm EBANK profits (which Ricdic and I have calculated to be around 7.3 billion isk at this point).
Lastly, you'll notice our profits dipped a bit...I blame this on only doing 41 billion isk worth of loans this month, but it's hard to nail down the exact reason without a more detailed analysis of our loans. That's it!
I'll answer any questions you may have at this time.