Update for week ending May 20, 2012

Assets
Cash                         508,532,404.69 ISK
Sell Orders                  239,441,828.00 ISK
Escrow                                 0.00 ISK
Contracts                              0.00 ISK
                             ------------------
Total Current Assets         747,974,232.69 ISK


POS                                    0.00 ISK
Ships & Fitted Modules       267,445,157.70 ISK
Modules                                0.00 ISK
Blueprints                             0.00 ISK
Materials & Commodities                0.00 ISK
PLEX                         481,007,575.00 ISK
Misc Items                    59,224,268.16 ISK
-----------------------------------------------
Total Assets               1,555,651,233.55 ISK
===============================================
   
Liabilities and Equity
Notes Payable                          0.00 ISK
Loans                                  0.00 ISK
Bonds                                  0.00 ISK
                                       --------
Total Current Liabilities              0.00 ISK
-----------------------------------------------
Net Worth                  1,555,651,233.55 ISK
===============================================


Despite posting earlier that this would be a low profit week, I did manage to take in almost 148,000,000 ISK in profits. Again though, cash levels never dropped below 350,000,000 ISK, so I'm not optimizing usage of capital. If I had, I think I could have picked up another 175,000,000 ISK of profit, putting me very close to my 50,000,000 ISK a day target.


Overall networth only increased 27,676,000 ISK. This is primarily due to a severe drop in the value of ships. I'm not sure what happened. Not that it matters, since those ships aren't going for sale on the market any time soon. And finally, the PLEX will be getting used next week, as my second account is due for renewal on May 22. This shouldn't impact money making activities, since that cash wasn't used to purchase orders on the market. 


That brings me to another issue. I'm not sure how useful it is to report assets. Right now, I'm really only using one ship, my hauler, to make any money. The others were only used initially for missioning to raise standings, but I haven't touched them in a while. I do need to get back to in to access jump clones, but otherwise, they're not very productive assets. Is it worth continuing to report?


I also wasn't able to put an income statement together. My plan was to use EVE Nexus to extract journal and transaction data and report off of that, but EVE Nexus crashes when I try to get to journal data. I may have to write my own API reader to get that data.