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Thread Statistics | Show CCP posts - 2 post(s) |
Billy Hix
Ekchuah's Shrine Comporium
124
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Posted - 2014.03.18 13:23:00 -
[1] - Quote
OK so from CCP financilals
Quote:On page 22, you'll find CCP taking a 21.4 million USD "derecognition" hit. The note for that says the following:
During the year the company assessed its capitalized development assets and determined that a portion of those assets would likely not have future economic benefits. IAS 38 requires that such assets should be derecognized and removed from the balance sheet. The expense related to the derecognized assets are presented as part of research and development expense in the statement of comprehensive income.
So taking bets on whats been written off. Clearly some piece of code was expected to be very valuable in the future and is not much less so. What do you think
1/ Incarna
2/ Dust
3/ WOD
4/ Other
Ripard Teg (CSM) seems to believe there will be an announcement at some time in the future (fanfest?) to explain whats going on.
http://jestertrek.blogspot.co.uk/2014/03/derecognized.html |
Dersen Lowery
Laurentson INC
StructureDamage
1056
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Posted - 2014.03.18 13:37:00 -
[2] - Quote
Jester linked back to a 2011 post of his where he noted that CCP was taking on debt to fund the development of DUST514. So this might be CCP admitting that the profit they predicted from DUST isn't there, and they don't know when it will be there.
It wouldn't necessarily mean the end of DUST514, just the end of a years-old projection that the investment they made would have a fairly rapid return.
Proud founder and member of the Belligerent Desirables. |
Wulfgar WarHammer
Unrustled
7
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Posted - 2014.03.18 13:38:00 -
[3] - Quote
Too bad it's not http://evevalkyrie.com/
What a waste of resources. |
Azrin Stella Oerndotte
Caldari Provisions
Caldari State
110
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Posted - 2014.03.18 13:38:00 -
[4] - Quote
Hopefully not a server code rewrite |
Arline Kley
PIE Inc.
Praetoria Imperialis Excubitoris
273
|
Posted - 2014.03.18 13:48:00 -
[5] - Quote
Always bet on the Juke.
And pray tell, why is a waste of resources? And have you tried the game out or are you speaking from a perspective of one that believes that they know a game from a simple video?
Blessed are those that carry the Empress' Light; with it they destroy the shadows |
Batelle
Tymast Industries 150th
2270
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Posted - 2014.03.18 13:53:00 -
[6] - Quote
The only thing that comes to mind would be Carbon. I'm guessing none of their games now has a chance to use that piece of technology. Dust went to ps3, WiS in Eve is indefinitely sidelined, and WoD is on skeleton crew, and valkyrie won't need it either.
"CCP is changing policy, and has asked that we discontinue the bonus credit program after November 7th. So until then, enjoy a super-bonus of 1B Blink Credit for each 60-day GTC you buy!"
Never forget. |
Xearal
Black Thorne Corporation
Black Thorne Alliance
890
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Posted - 2014.03.18 13:57:00 -
[7] - Quote
Have you even tried it? I did last year at fanfest, and my mind was blown into space.
Once the rift gets released along with Valkyrie, I know where my money is going.
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Rakshasa Taisab
Sane Industries Inc.
1431
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Posted - 2014.03.18 14:05:00 -
[8] - Quote
Batelle wrote:The only thing that comes to mind would be Carbon. I'm guessing none of their games now has a chance to use that piece of technology. Dust went to ps3, WiS in Eve is indefinitely sidelined, and WoD is on skeleton crew, and valkyrie won't need it either.
I'm guessing you have no idea what Carbon actually is.
Nyan |
Azami Nevinyrall
Red Federation
RvB - RED Federation
1707
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Posted - 2014.03.18 14:11:00 -
[9] - Quote
I'm very interested to know what exactly was written off...
New player experience, more highsec PvE missions, casual play, balance, counters to AFK cloaking, expanding the NEX store, and Power Projection.
Azami Nevinyrall for CSM9! |
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Chribba
Otherworld Enterprises
Otherworld Empire
11300
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Posted - 2014.03.18 14:11:00 -
[10] - Quote
Xearal wrote:Have you even tried it? I did last year at fanfest, and my mind was blown into space. Once the rift gets released along with Valkyrie, I know where my money is going.
Be prepared to be blown yet again with the new build... Just sayin'
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Azami Nevinyrall
Red Federation
RvB - RED Federation
1707
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Posted - 2014.03.18 14:21:00 -
[11] - Quote
Chribba wrote:Xearal wrote:Have you even tried it? I did last year at fanfest, and my mind was blown into space. Once the rift gets released along with Valkyrie, I know where my money is going. Be prepared to be blown yet again with the new build... Just sayin'
I really hope there's a non Rift version of Valkyrie!
I'm really not dishing out a lot of cash to upgrade my perfectly functional PC and buy a Rift. Just to play a game that I might get disappointed with! *cough* *cough* *hack* *cough*........ Sorry about randomly coughing and hacking up a lung. Too much ******* Dust 514 in here!
New player experience, more highsec PvE missions, casual play, balance, counters to AFK cloaking, expanding the NEX store, and Power Projection.
Azami Nevinyrall for CSM9! |
Jonah Gravenstein
Machiavellian Space Bastards
17185
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Posted - 2014.03.18 14:22:00 -
[12] - Quote
A waste of resources that has the potential to be a game changer for CCP. People have been clamouring for a decent dogfighting space game for years, thus far nobody has really stepped up to the table and delivered. CCP, while taking a bit of a gamble, look to be stepping up to the table and actually delivering.
Psychotic Monk for CSM 9 |
Sexy Cakes
Have A Seat
726
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Posted - 2014.03.18 14:26:00 -
[13] - Quote
DUST 514?
More like BUST 514...
Ba-dum-tiss!
Not today spaghetti. |
Qalix
Long Jump.
174
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Posted - 2014.03.18 14:27:00 -
[14] - Quote
Jonah Gravenstein wrote:A waste of resources that has the potential to be a game changer for CCP. People have been clamouring for a decent dogfighting space game for years, thus far nobody has really stepped up to the table and delivered. CCP, while taking a bit of a gamble, look to be stepping up to the table and actually delivering.
It seems clear to me that they're betting their future on Valkyrie. Oculus Rift is really starting to hit the mainstream conciousness. It even got debuted at SXSW this past week.
It's not Valkyrie. I was thinking in terms of the games themselves and would have bet on DUST without hesitation. But Batelle brings up an interesting point about Carbon. Still, I think they're turning the lights out on DUST. |
Thead Enco
Killing is Business
Get Off My Lawn
101
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Posted - 2014.03.18 14:31:00 -
[15] - Quote
Billy Hix wrote:OK so from CCP financials Quote:On page 22, you'll find CCP taking a 21.4 million USD "derecognition" hit. The note for that says the following:
During the year the company assessed its capitalized development assets and determined that a portion of those assets would likely not have future economic benefits. IAS 38 requires that such assets should be derecognized and removed from the balance sheet. The expense related to the derecognized assets are presented as part of research and development expense in the statement of comprehensive income. So taking bets on what has been written off. Clearly some piece of code was expected to be very valuable in the future and is not much less so. What do you think 1/ Incarna 2/ Dust 3/ WOD 4/ Other Ripard Teg (CSM) seems to believe there will be an announcement at some time in the future (fanfest?) to explain what is going on. http://jestertrek.blogspot.co.uk/2014/03/derecognized.htmlI am going with Incarna. Even though WOD development has been gutted and most of the staff fired, I believe CCP may still be holding out some hope they can get some money out of it. As for Incarna DEAD. Saying that as Incarna was pretty much WOD code beta it could be both are one and the same from a code asset point of view.
4. ***tchip and the "One man" office located in San Francisco, CA
"Any man who must say 'I am the king' is no true king."
Tywin Lannister-á |
Caviar Liberta
Moira.
Villore Accords
489
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Posted - 2014.03.18 14:36:00 -
[16] - Quote
Batelle wrote:The only thing that comes to mind would be Carbon. I'm guessing none of their games now has a chance to use that piece of technology. Dust went to ps3, WiS in Eve is indefinitely sidelined, and WoD is on skeleton crew, and valkyrie won't need it either.
What is Carbon. |
Batelle
Tymast Industries 150th
2272
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Posted - 2014.03.18 14:39:00 -
[17] - Quote
Rakshasa Taisab wrote:Batelle wrote:The only thing that comes to mind would be Carbon. I'm guessing none of their games now has a chance to use that piece of technology. Dust went to ps3, WiS in Eve is indefinitely sidelined, and WoD is on skeleton crew, and valkyrie won't need it either. I'm guessing you have no idea what Carbon actually is.
okay, you caught me. Take everything I said and restrict it to the ambulation-related, graphical aspects of carbon.
"CCP is changing policy, and has asked that we discontinue the bonus credit program after November 7th. So until then, enjoy a super-bonus of 1B Blink Credit for each 60-day GTC you buy!"
Never forget. |
Jonah Gravenstein
Machiavellian Space Bastards
17185
|
Posted - 2014.03.18 14:39:00 -
[18] - Quote
Qalix wrote:It seems clear to me that they're betting their future on Valkyrie. Oculus Rift is really starting to hit the mainstream conciousness. It even got debuted at SXSW this past week. I wouldn't say that they're betting the future on it, but they'd be fools not to take advantage of the opportunities that a ground breaking, as in in actually works, technology such as the Oculus Rift offers.
Quote:It's not Valkyrie. I was thinking in terms of the games themselves and would have bet on DUST without hesitation. But Batelle brings up an interesting point about Carbon. Still, I think they're turning the lights out on DUST. Carbon isn't dead, it's very much a part of Eve.
I don't think they're killing off Dust either, especially as they're just about to release Uprising 1.8 which brings new toys to the game, which to me says that they're still actively developing it.
Psychotic Monk for CSM 9 |
Billy Hix
Ekchuah's Shrine Comporium
124
|
Posted - 2014.03.18 14:40:00 -
[19] - Quote
Chribba wrote:Be prepared to be blown yet again with the new build... Just sayin'
It would be interesting if after a HUGE amount of money spent on flops like Dust and WOD, that CCPs next big game could be a little side project that suddenly exploded.
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Benny Ohu
Beneath the Ashes
Margin of Silence
2693
|
Posted - 2014.03.18 14:42:00 -
[20] - Quote
well it looks like the thread is now just whining about whatever we personally don't like
so i think ccp is cutting pineapple on pizzas |
Qalix
Long Jump.
174
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Posted - 2014.03.18 14:52:00 -
[21] - Quote
Benny Ohu wrote:well it looks like the thread is now just whining about whatever we personally don't like
so i think ccp is cutting pineapple on pizzas
what are you talking about? who's whining about what? |
Herzog Wolfhammer
Sigma Special Tactics Group
4441
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Posted - 2014.03.18 15:04:00 -
[22] - Quote
It's the new model for the Imicus.
Bring back DEEEEP Space! |
Slade Trillgon
Brutor Force Federated
2608
|
Posted - 2014.03.18 15:05:00 -
[23] - Quote
Qalix wrote:Benny Ohu wrote:well it looks like the thread is now just whining about whatever we personally don't like
so i think ccp is cutting pineapple on pizzas what are you talking about? who's whining about what?
It is stealth, but I sense the whine as well.
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MeBiatch
GRR GOONS
1763
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Posted - 2014.03.18 15:24:00 -
[24] - Quote
Caviar Liberta wrote:Batelle wrote:The only thing that comes to mind would be Carbon. I'm guessing none of their games now has a chance to use that piece of technology. Dust went to ps3, WiS in Eve is indefinitely sidelined, and WoD is on skeleton crew, and valkyrie won't need it either. What is Carbon.
okay so the ambulation portion of Carbon is the writeoff?
There are no stupid Questions... just stupid people...
Winter Expansion new ship request |
Abrazzar
Vardaugas Family
2756
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Posted - 2014.03.18 15:29:00 -
[25] - Quote
Benny Ohu wrote:well it looks like the thread is now just whining about whatever we personally don't like
so i think ccp is cutting pineapple on pizzas
It's definitely not the pizza. That went for 2.5 million.
Sovereignty and Population
New Mining Mechanics |
valerydarcy
Caldari Provisions
Caldari State
32497
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Posted - 2014.03.18 15:29:00 -
[26] - Quote
Lets hope theyre not cleaning up the balance sheet for a sale.
Post with your mainGäó |
Tomiko Kawase
Kite Co. Space Trucking
143
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Posted - 2014.03.18 15:30:00 -
[27] - Quote
A former CCP employee wrote into the Giantbomb podcast last week basically stating WoD was canned. Hopefully we'll know more soon.
Bombastic vintage soul with a driving groove, brass & male vocal |
Vera Algaert
Republic University
Minmatar Republic
1333
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Posted - 2014.03.18 15:39:00 -
[28] - Quote
Arline Kley wrote:Always bet on the Juke. And pray tell, why is a waste of resources? And have you tried the game out or are you speaking from a perspective of one that believes that they know a game from a simple video?
Games that require specialized hardware haven't been successful for 15 years.
In the early to mid 90s every flight simulator required you to use a joystick, racing games had steering wheel controllers and you had headache-inducing shutter glasses for your 3d games - but that's an era that has been over for a long time.
These days any game that relies on the gimmick of specialized hardware to set itself apart from the competition will fail (and no kinect is not even remotely comparable). |
Benny Ohu
Beneath the Ashes
Margin of Silence
2694
|
Posted - 2014.03.18 15:51:00 -
[29] - Quote
guitar hero, skylanders, wiimote, pseye |
DaReaper
Net 7
The Last Brigade
254
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Posted - 2014.03.18 16:02:00 -
[30] - Quote
WoD, which I really want, is most likely. But they are still hiring in Atlanta, so idk, they just had a bunch of jobs open up there a few weeks back and still have a spot open for a database admin. In addition, whatever has been written off is already canned. You don't write something off then can it next year. So whatever it was is already gone. That means its not Dust (sorry dust haters) If they closed down dust you would see it on this years finances. As that's how it works. When you pay your taxes you fill out your info based on what you did last year.
My guess is it was either a massive rewrite or another project they found out was not going to to work and killed it.
WoD is a possibility, but if they are still hiring.. and they should be in fiscal year 2014 now anyway, so who knows. |
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