Chapter 87

After looking at the first page of the financial report, Jin Xiantai had a basic understanding of the situation.

However, he was also very clear that the real big expenses were still to come.

Indeed, whether it was buying the toy manufacturing plant, establishing an animation production company, or acquiring a small TV station, these did not actually require much money, and as long as the payments were made in one lump sum, there would be no problem.

But the salaries of the employees of the toy manufacturing plant, animation production company, and small TV station, as well as the maintenance of machinery, daily utilities, and other miscellaneous expenses, were actually the biggest ongoing costs.

And these expenses would recur every month, and you couldn't afford to delay them.

Therefore, Jin Xiantai needed to understand the financial situation in detail to see how long the 70 million yuan left in his bank account could support him.

Originally, he thought there wasn't much money left in his bank account.

But unexpectedly, there was a balance of over 70 million yuan, which was completely out of his expectation.

So, Jin Xiantai was no longer as worried as he was initially.

No matter what, 70 million yuan could last for several months.

During this time, he could certainly find new sources of income and wouldn't just be spending without earning.

With this in mind, Jin Xiantai continued to read through the report.

The daily expenses of the toy factory mainly included utilities. If the machines were not running, these expenses were not significant.

Even if the factory was in operation, the monthly cost would not exceed a few hundred thousand yuan.

The factory had a total of 123 employees across various departments, and their salaries varied depending on their positions.

However, the highest salary was less than 80,000 yuan per year before tax, and the lowest was no less than 40,000 yuan per year before tax.

On average, the basic salary of each worker was around 5,000 yuan per month before tax. After paying taxes and various insurance fees, the actual salary they received would not exceed 3,000 yuan.

This salary level had been agreed upon with the union, and the union would monitor it to ensure that there was no arbitrary deduction.

If you did so, you would face endless lawsuits.

Fortunately, Jin Xiantai had no intention of doing that, so he didn't have to worry about such trouble.

Therefore, based on an average salary of 5,000 yuan per month, he would need to allocate 500,000 to 600,000 yuan per month.

Thus, the total monthly expenses for the toy factory, including salaries and daily utilities, would be around 1 to 1.5 million yuan.

After reviewing the financial information of the toy manufacturing plant, Jin Xiantai felt a significant relief.

Next, he looked at the financial status of the animation production company.

Similar to the toy manufacturing plant, the main expenses of the animation production company were also employee salaries and daily utilities.

However, unlike the toy manufacturing plant, which owned its land, the animation production company rented its space, so there was an additional monthly rent.

Therefore, the monthly expenses for the animation production company were: 150,000 yuan for rent, 470,000 yuan for the salaries of 67 employees (averaging 7,000 yuan per month), and 30,000 yuan for utilities and office supplies, totaling 650,000 yuan per month.

Seeing this, Jin Xiantai was completely at ease.

Such monthly expenses were entirely manageable for him, and he could easily cover them for several months, or even a year.

Although he hadn't reviewed the financial expenses of the TV station yet, Jin Xiantai was no longer worried.

Putting aside the financial reports of the toy manufacturing plant and the animation production company, he held the financial report of the TV station and took a deep breath.

Annie stood quietly behind him, smiling and looking down at him.

Coco had stopped performing and was now playing hide-and-seek with the old men, enjoying herself.

"Are you thirsty? Do you need something to drink?"

Annie asked softly.

Jin Xiantai shook his head: "I'm not really thirsty now. You can sit down too. Don't stand all the time, remember you're pregnant. Actually, walking around a bit is better for a smooth delivery."

Having experience, Jin Xiant was quite familiar with this bit of knowledge.

Annie, being pregnant, had also started learning about this, so she understood a lot.

Therefore, Annie knew Jin Xiant was right.

"Hearing that it's very painful, I've been thinking whether a cesarean section would be better," Annie said in a slightly coquettish tone, consulting Jin Xiantai.

Although he found her tone a bit unusual, Jin Xiantai didn't think much about it and naturally recalled the knowledge he had learned when his wife was pregnant in his previous life.

Thinking about it, Jin Xiantai felt a pang of pain.

However, it wasn't the time for him to be sentimental, so he composed himself and said to Annie, "A natural birth is better. Although the medical standards are good now, a cesarean section still involves surgery, which can have some impact on the body. So, I suggest that if possible, you should opt for a natural birth."

"But it's very painful," Annie responded, twisting her body.

Indeed, natural childbirth is very painful, and men can't understand this pain.

"I'm just giving my personal advice. The final decision is up to you."

Jin Xiantai shrugged and said this.

Annie pouted.

Since Annie was standing behind him, Jin Xiantai couldn't see her expression and didn't realize that she looked like a wife about to pout.

"Okay, I'll go for a walk."

Since Jin Xiantai suggested she walk more, and she had read that pregnant women should walk more, she decided to follow his advice.

"Go ahead, I'm fine here. By the way, remember to have a nurse accompany you. It's better to be cautious when you're pregnant."

Jin Xiantai didn't turn his head, which made Annie a little disappointed.

Focusing on the financial report of the TV station, Jin Xiantai read it carefully.

The TV station, which Dave Annie had acquired for him, was located at the end of Hollywood Boulevard, at the foot of the Hollywood Hills, and was a Chinese-language TV station primarily serving the Chinese community.

Its founder was an elderly Chinese person, but due to his advanced age and his children's lack of interest in taking over the station, he had to sell it.

This TV station was not large, and its audience was mainly Chinese, covering only the Chinese community in Los Angeles.

Apart from some advertising contracts from Chinese merchants, it had no other significant income.

On the contrary, the TV station had to spend additional money each month to purchase TV series and news programs to broadcast.

Therefore, the TV station was actually operating at a loss every month.

The fact that it was operating at a loss was likely one of the reasons the owner decided to sell it.

However, this didn't affect Jin Xiantai much.

After acquiring the TV station, he wouldn't continue to operate it in the same way. He had a different plan.

The target audience of the TV station would not be limited to Chinese but would expand to various ethnic groups.

However, starting small and gradually expanding was the best approach.

Although the TV station was small, Jin Xiantai found it very suitable.

The station had a total of 143 employees, with an average salary of 6,000 yuan per month. Bonuses were negligible and could be ignored.

Therefore, the salary expenses amounted to about 860,000 yuan per month.

Utilities and office supplies cost less than 20,000 yuan per month, so let's say 20,000 yuan.

The TV station owned its building and land, which eliminated the need for rent, which was why the acquisition cost was the highest among all his expenses.

The 15 million yuan he paid included the land and the building.

However, the equipment in the TV station was quite old. Although it could be used, replacing it would be a significant expense.

Fortunately, Jin Xiantai had no immediate plans to replace the equipment, so they would have to make do with what they had.

In summary, to maintain the operation of the TV station, 900,000 to 1.5 million yuan per month would be sufficient.

After reviewing the monthly expenses of the TV station, Jin Xiantai felt completely at ease.

He mentally calculated that to maintain the operations of the toy factory, animation production company, and TV station, even with a slightly higher budget, 5 million yuan per month would be more than enough.

This was even without considering any income.

With his current bank balance, 5 million yuan per month for a year was no problem.

However, he clearly wouldn't just spend without seeking income. He wasn't foolish enough to support idle people.

The toy factory had already started production to support the popular "William's Fairy Tale Collection" and was preparing to produce merchandise.

So, the financial situation of the toy factory would soon improve.

The animation production company was also on track. The animated film "Up" he had created, based on a creative imitation of a cartoon character and script, was completed and had already reached an agreement with 30% of the North American theaters, awaiting release during the Christmas season.

Since there were no animated films in this timeline, Jin Xiantai was the first to venture into this field.

Whether it would be profitable would depend on the audience's reaction after its release.

Annie had put in a lot of effort to achieve this, or it wouldn't have been so smooth.

Compared to the toy manufacturing plant and the animation production company, the TV station was clearly a long-term investment that required continuous funding...