18 Months of Pandemic Legion Finances

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Nice graphs. When B-R went down, I said it would take them 6 months to replace everything. Exactly six months later, here's the post.
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268B spent for AT. God save us.
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I know, we normally spend more. Phal hates us. 2012 was 806b.
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Every ISK acounted for. No exceptions.
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One of my old CEOs had a nervous breakdown trying to achieve a level of organization that wasn't even close to this (Ultimately resulted in him gutting the corp and bailing out like a bitch). Yet here I am looking at this, jesus christ i'm jelly.
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Deflate*
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This comment is full of WIN
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The most esteemedPhalanx III is The Hero of The Legion.
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I wish Pat could keep these kind of records.
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It's amazing that BR--for all of its destruction--only made PL run a 10% deficit for around 5 months.
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I'll have DH come and take a look at your books Barry x.
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It could all be complete bollocks of course. I mean any genius with 3 brain cells can make a graph.
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When it was about to rain I said we might get wet. It rained and we got wet. I'm a fucking clever bastard just like you.
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Perfectionists even at actual spreadsheets... This is why I fucking love you nerds :3
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Just like it takes 3 brain cells to make a bad post
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Question directed at Razor and NC: What's so dangerous about public finances?
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I lol'd
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Well, I did omit "value", so you're correct.
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confirming all NC. titans/SCs have been replaced also
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what about all those things that cost 10 or 100 isk? oh wait...
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Nice job, very interesting. I have no idea how much of it is true, but I don't really care, because graphs.
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WHAT IS BUSA DOING WITH ALL THAT FUEL???
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I don't really play any more but it looks like they have been losing money for just about two years.
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Gates are for poors.
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Each PL member purchases 1 plex = new titan fund, each pl member raids some chinese isk selling websites; purchases titan fund stuff, contracts it to out of corp indie alt = titan fund. As long as eve is a pay to win game, it will never have real meaning when it comes to player vs player combat.
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Considering half our memberships probably don't even have jobs this would be a lot to ask lol.
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remember when fozzie doubled isotope reqs thinking alliances would cringe about the price? yeah, doesnt look like that will do anything )))
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Fucking wish my alliance had a titan assistance program. I have a super and a titan now but im poor as shit, can i join pl?
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When a dead hooker is discovered in jeffraider's captains quarters, busa i given the task of transporting the corpse to VFK and leaving it at themittani's doorstep, this is all in the B0TLRD accords.
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What the fuck are you even talking about?
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A Question I would ask is how does one contact PL to sell isotopes directly or otherwise provide them with internet space ships to explode in exchange for ISK.
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The chart clearly shows that PL is still recovering from B-R.Meanwhile CFC is aggressively expanding their humongous supercapital pile even as we speak.I can already tell that Asakai #3 will be a even more one sided battle.
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my name suggests that eve is a pay 2 win game, whoever has the most members willing to fork over cash for the corp wins.
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I am sure they collect some type of disability benefits judging from the quality of players Pandemic Legion deploys in game.
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That or you are just fucking horrible at making ISK. But from the throw away name, credibility says it all.
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no one cares about the AT
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someone might notice half the isk disappears into nothing
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Contact phalanxiii in game or register on pandemic-legion.com and pm me.
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They spent more than they made in the last 18 months. However, due to the nature of EVE Online they have probably had a buffer before this timeframe.
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You care enough about it to reply.
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Even if you were in the CFC and trying to fanboy post, this comment is terrible.
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Lol. Good luck with that.
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The only problem with it is there's absolutely no way of verifying whether it's true or not. So yes, pretty much just like the US government.
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You are right, I mean we could just post the entire wallet of our centralized bank, but obviously doing that would reveal a bit too much of the specifics in what we do. It's a catch 22 really, all I can do is put it out there and let people decide for themselves. Thanks for reading.
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Where is the graph for jump fuel spent on hot dropping ten supers and a titan on assault frigate and cruiser fleets of 15 guys.
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*Warning* Dont even think about charging PL Jita Prices.
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I blame late USTZ fishing OPS.
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USA corp doesn't drive as economically -- rather train guns 'n shit than Jump Fuel Conservation.
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BUSA's mighty jump freighter fleet stands ready.
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I'm sure Razer, NC. and the others have detailed financial information they will share, right?
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Dude you are my hero xx
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But... Our Billables are through the Floor!
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When I went to bed last night, I said to the Mrs "See you in the morning babe" then kissed her goodnight, when I awoke from my slumber she was gone, I thought I had missed a prediction but lo and behold she was just downstairs making my breakfast, I too am a clever bastard.
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You try to hard young man.
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How is "SNIGG #1" not the top comment?
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52% of all Isotopes consumed is Helium. Hail to my Amarr superiority scrubs.
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The fuel cost center is funded not through general revenues. BUSA is the largest single payer into the fuel cost center that pays for all of the isotopes so it should not be surprising that it is the largest user.
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This is an amazing article, especially if you take into accountthat none of it is true.
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We love you too.
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I've met some people.
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Holy crap. PL spends 10 trillion in a month? And has income almost as much? Suddenly I feel even poorer than I already did.
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What happened to reduce it? Got new software to hack the clients like in all your original wins?
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Remember that levels of organization come from the efforts of groups. If your CEO was attempting to achieve it on his own, then that's where the problem lies. There's a reason one of Mittens' 'likes' is "delegation".
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Why? Wars are fought for :reasons:. Lay out the reasons, and why they trump the self-interest of maintaining the status quo.
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And, at the current exchange rate of roughly $20/1b ISK, that means they're churning through approximately $200,000 a month, or $2.4M per year.
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You miss the word "cumulative" on the top graph, which cover a 1 and a half year period roughly.Still, it's pretty impressive!
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not suitable for a public version sorry :(
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Think you picked up an extra zero there mate.
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They also do all of God's work in terms of structure grinding.
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There were a lot of changes in 2012 to the game. Sourcing new ships is where most of that ISK goes. Those ships just sit in the AT hanger for the next year if they don't get blaped in the matches.
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NESW#1
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Phalanx III is far and away the chillest bro in PL (even more chill than Centra Spike and that is saying something). The very fact that he does all of this and doesn't completely burn out, should tell you how much of a non-prick he actually is.
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Strong with this one, the butt-hurt is.
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"After a strong 2013 and a very tumultuous start to 2014, Pandemic Legion has emerged with an even more robust supply network and have further diversified their logistical structure. Our financial structure has proven once again to have worked as intended, our contingencies have now been battle tested and stockpiles replenished." ?????Ahh anyone here take economics 101, they are spending more then they take in and their balance sheet is falling so fast that is they were a RL corp they would be filling chapter 11 by now.

The following submission comes from Phalanx III, Pandemic Legion's finance director. This is a public version of the more in-depth internal report.

It has been an emotional 18 months for Pandemic Legion; we have seen some of our highest highs, and some of our lowest lows. What’s been our most record breaking year has allowed us to weather what I am pretty sure has been the largest reimbursement in all of EVE. At the very least it was the largest I have had to deal with and, as of this month, completed.

Every carrier, dread, super carrier, and titan has been replaced thanks to our robust builder network.

As I did in 2012, I will open the books for a high-level pass of our finances and of show the subsequent recovery from the event known as B-R. Please take into account that this report covers an 18 month window, and not the previous 12 months that we have seen in the past. Last article I was more in depth about the workings of the machine that keeps us running, this time I will let the numbers do the talking.

Hope you enjoy.

Year Totals

Total Income (January 2013 – June 2014): 10,506,483,938,349
Total Expenses (January 2013 – June 2014): 11,069,372,526,703

Corporation Totals

No major surprises here. BOT with its large overhead and upgrade roadmap has seen the largest expense with SNIGG and its role in being the logistical backbone for PL coming in second.

Here we can compare the above numbers visually:

And over time, which shows our rapid expansion program with BOT in February as a response to B-R:

Assistance

With the expansion of Slowcat fleet utilization and our Dread subsidization program, Pandemic Legion saw the greatest capital expansion and stockpile in its history.

Reimbursements

While 2013 showed about a 20% increase in reimbursements over 2012, the battle of B-R took PL’s reimbursement policy and commitments to new levels. If you look closely on the line chart below you *may* be able to see the effects of B-R. Maybe…

Other Expenses

Tourney spending was reduced while our awards to the member base increased greatly.

Fuel, Fuel, Fuel

Beginning in August 2013, centralized fuel management has allowed us to have a much firmer record of fuel usage by corporation and isotope type. This allows us to see trends and as such look ahead towards isotope procurement and to negotiate with our suppliers.  Here is what we have seen so far.

Into The Unknown

After a strong 2013 and a very tumultuous start to 2014, Pandemic Legion has emerged with an even more robust supply network and have further diversified their logistical structure. Our financial structure has proven once again to have worked as intended, our contingencies have now been battle tested and stockpiles replenished.

Round 2?

Submissions
Occasionally we publish submissions from outside of our dedicated staff. This one was good enough to pass muster! Feel free to send us quality pieces via the 'Contact Us' box.