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I was excited to take it out of the box for the first time...
In related news, I just pieced together 10 storm troopers from a bulk lot. And they were only partially chewed. So, pretty impressive as well...
I also own the 1/10 sterling silver R2 and 1/1 white gold R2.
But this made me scrunch my brow.
Unless 'upgraded' has been expanded to mean 'not dilapidated', this is suspicious to me.
The default in Europe (Audit directive 2006/43/EC) is that all companies or public entities require a statutory audit to certify the financial statements, with exemptions based on balance sheet/turnover/employees thresholds. These thresholds basically exclude small companies only.
So TLG's accounts have certainly been audited; the 2019 annual report is signed by PWC.
Nonetheless, my misgivings are that we don't see actual revenue reports (sales figures, etc.), expense reports, and all of those things that a publicly traded company is required to provide in the US. It'd be interesting to know how much annual revenue is generated by the licensing to third-parties, or how they account for revenue from LEGO Masters.
I really want to know how many units the UCS MF has sold!
the wife might send me on less birthday errands soon.
There's actually some information in the annual report (page 21) regarding licencing revenue: DKK 451M (USD 68M). VS 38B from sale of goods. Looking back over the past 10 years, licencing revenue has on average made up 1,3% of TLG's total revenue. You also get numbers on e.g. how much they invested in plants and equipment (DKK 1.8B) and how much they paid their executives.
However TLG's job is to make KIRKBI money from selling bricks. Most other non-core activities are done by either KIRKBI (where the LEGO trademark is held) or the Foundation. E.g. the crackdown on leaks was done by KIRKBI lawyers. Strengthening the LEGO brand is a 100% KIRKBI responsibility, so I wouldn't be surprised if contracts for the LEGO Masters programs have been signed between Endemol Shine and KIRKBI, not TLG. If you ever want to apply your lawyer skills at LEGO, it's at KIRKBI you need to look for a job, not TLG 😁
New COVID-19 related restrictions were put in place by the Danish government today, and as a result TLG cancelled all arrangements that are not absolutely business critical. Including the AFOL event I was attending next week...
Oh well, next Billund trips planned for November and December. 😊
Anyway apparently if you pay for Bricks & Pieces with PayPal and it takes a long time for them to ship, PayPal will cancel the payment.
Found in a box in a local charity shop.
Look at the gold!
Looks like I'll be starting summer break a little earlier this year...
That's a tough blow. I have some friends who were due to be hitting Disney World this weekend too.
Well, the good news is, that if we end up having to quarantine, I've got a shiny new #21318 ready to crack open.
(Frankly, I'd be happy to be ordered to do a two-week quarantine. I've got three seasons of Rebels to watch, and embarrasingly... 20 episodes of Blue Bloods. I do love me some Selleck!)
(Maybe this time they'll take payment in the form of 'Episodes Watched on Netflix'.)
Is that a dodgy translation or trying to hide the fact it's a toy weapon?
Awesome set. One of my favorites. Got it for my daughter for Christmas. She built it herself. I want to take it apart so I can build it, but she won't let me. Maybe one day.