May Operational and Financial Overview

Submitted by:
Atlantis Land Corporation - ALC (Trade)
Date: June 08, 2008
Dear Shareholders,
The profit for May is L$ 193,370.
Because of the low land prices at the moment, we needed to re-valuate the value of our sims.
We reduced the value of the land to L$ 8 per sq.m. for a normal sim and L$ 2 per sq.m. for a low prim sim.
So the Net Assests Value decreased to L$ 6,033,800.
Financial Overview:
Revenue:
---------
Phantasyland: L$ 73,613
Fantasieland: L$ 92,418
Beachland: L$ 317,589
Atlantis World: L$ 86,474
Atlantis City: L$ 61,215
Atlantis Beach: L$ 80,546
Misc.: L$ 1,200
Total: L$ 713,055
Expenditure:
----------
Phantasyland: L$ 58,104
Fantasieland: L$ 59,213
Beachland: L$ 243,519
Atlantis World: L$ 79,186
Atlantis City: L$ 79,663
Atlantis Beach: L$ 78,734
Advertisment: L$ 0
Misc.: L$ 0
Total: L$ 519,685
Profit:
-------
L$ 193,370
Cash:
-----
L$ 1,164,136
Net Assets:
-----------
L$ 6,033,800
You can see the details at http://www.atlantis-investment.net/accounting.html
Yours Sincerely,
Hannibal Kennedy
CEO & Chairman
Atlantis Land Corporation (ALC)
The profit for May is L$ 193,370.
Because of the low land prices at the moment, we needed to re-valuate the value of our sims.
We reduced the value of the land to L$ 8 per sq.m. for a normal sim and L$ 2 per sq.m. for a low prim sim.
So the Net Assests Value decreased to L$ 6,033,800.
Financial Overview:
Revenue:
---------
Phantasyland: L$ 73,613
Fantasieland: L$ 92,418
Beachland: L$ 317,589
Atlantis World: L$ 86,474
Atlantis City: L$ 61,215
Atlantis Beach: L$ 80,546
Misc.: L$ 1,200
Total: L$ 713,055
Expenditure:
----------
Phantasyland: L$ 58,104
Fantasieland: L$ 59,213
Beachland: L$ 243,519
Atlantis World: L$ 79,186
Atlantis City: L$ 79,663
Atlantis Beach: L$ 78,734
Advertisment: L$ 0
Misc.: L$ 0
Total: L$ 519,685
Profit:
-------
L$ 193,370
Cash:
-----
L$ 1,164,136
Net Assets:
-----------
L$ 6,033,800
You can see the details at http://www.atlantis-investment.net/accounting.html
Yours Sincerely,
Hannibal Kennedy
CEO & Chairman
Atlantis Land Corporation (ALC)

