[Community-Discuss] [AFRINIC-Announce] AFRINIC Annual Financial Statements 2016

[Sunday Folayan]

Dear Ali and All,

For the records, those figures were given to me by the CEO. I did not 
overreach him. Look at the thread, the Finance Director did respond at 
some point.

Sunday.

On 07/06/2017 15:18, Ali Hussein wrote:
> Dear all
>
> Allow me to interject.
>
> We are creating a dangerous precedence of engaging the Afrinic Board 
> on operational matters. There must be a clear separation of Executive 
> roles and Board roles. This is simply good corporate governance. It's 
> also important to protect the board from claims of interference in day 
> to day running of the Organisation.
>
> Having said that I concur with members concerns about Business 
> Continuity. Towards that I propose that appropriate members of 
> respective departments at Afrinic be empowered to respond to 
> respective queries pertaining to the operations of the organization.
>
> *Ali Hussein*
> *Principal*
> *Hussein & Associates*
> +254 0713 601113
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: http://ke.linkedin.com/in/alihkassim
>
>
> "We are what we repeatedly do. Excellence, therefore, is not an act 
> but a habit."  ~ Aristotle
>
>
> Sent from my iPad
>
> On 7 Jun 2017, at 4:43 PM, Sunday Folayan <sfolayan at gmail.com 
> <mailto:sfolayan at gmail.com>> wrote:
>
>> Dear Daniel,
>>
>> My apologies, I thought I had responded to your request, but alas I 
>> did not. I am truly sorry.  Here goes ...
>>
>> 1. Members who did not settle their bills as at Q1 March of each year.
>>
>>         2014 - 34%
>>
>>         2015 - 25%
>>
>>         2016 - 20%
>>
>>         2017 - 16%
>>
>> 2. Revenue from Late penalties
>>
>>         2014 - $98,329     [352 members]    3% of Total Revenue.
>>
>>         2015 - $119,395   [215 members]    3% of Total Revenue
>>
>>         2016 - $165,193  [340 members]     3% of Total Revenue
>>
>>         2017 - $170,000  [372 members]     4% of Total revenue
>>
>> 3. Analyses of unpaid as at Q1 March 2017
>>
>>         Education & Research Institutions - 4%
>>
>>         Government and Government Agencies - 5%
>>
>>         Other Resource Members - 91%
>>
>> So, From 34% default in 2014, we are now down to 16% default in 2017.
>>
>> I hope the above answers your questions.
>>
>> Kind regards ...
>>
>> Sunday Folayan.
>>
>> Chair, AFRINIC Board.
>>
>>
>> On 07/06/2017 14:10, Mwanguhya Daniel Murungi wrote:
>>> Dear Chair,
>>>
>>> Polite reminder. Any feedback will be greatly appreciated.
>>>
>>> Regards,
>>> Daniel
>>>
>>> On 2017-05-31 13:32, Mwanguhya Daniel Murungi wrote:
>>> > Dear Chair,
>>> >
>>> > Hope all is well with you and the rest of the team. I skimmed through
>>> > the 2016 financial statement and I see that from the revenue
>>> > collected, there is no clear indication regarding the penalties
>>> > AFRINIC charges members.
>>> >
>>> > Can the total amount of penalty fees for the financial year 2016 be
>>> > published as well?
>>> >
>>> > Regards,
>>> >
>>> > Daniel
>>> >
>>> > On 2017-05-26 08:39, Badru Ntege wrote:
>>> >>> 2017-05-25 8:13 GMT+00:00 Sunday Folayan<sfolayan at skannet.com>:
>>> >>>
>>> >>>> Mzee Noah,
>>> >>>>
>>> >>>> Thanks for your wishes.
>>> >>>>
>>> >>>> Do not confuse the rights to see, discuss and query.
>>> >>>>
>>> >>>> Because we are transparent and a public institution, the public
>>> >>>> has the right to see, the public has the right to discuss.
>>> >>
>>> >> I'm I reading this wrong or does it say the public does not have the
>>> >> right to query ??
>>> >>
>>> >>>> Members however have the right to query any details in the
>>> >>>> Financials.
>>> >>
>>> >> Interesting boundaries being set here.
>>> >>
>>> >> I really like the concept of Bottom up processes and governance but
>>> >> maybe needs to be updated
>>> >>
>>> >>>>
>>> >>
>>> >> BN.
>>> >> _______________________________________________
>>> >> Community-Discuss mailing list
>>> >>Community-Discuss at afrinic.net
>>> >>https://lists.afrinic.net/mailman/listinfo/community-discuss
>>>
>>>
>>> _______________________________________________
>>> Community-Discuss mailing list
>>> Community-Discuss at afrinic.net
>>> https://lists.afrinic.net/mailman/listinfo/community-discuss
>>
>> -- 
>> --------------------------------------------------
>> Sunday Adekunle Folayan
>> Managing Director
>> General data Engineering Services (SKANNET)
>> 16 Oshin Road, Kongi Bodija, Ibadan - Nigeria
>> Phone: +234 802 291 2202, +234 816 866 7523
>> Email:sfolayan at skannet.com.ng,sfolayan at gmail.com
>> ---------------------------------------------------
>> _______________________________________________
>> Community-Discuss mailing list
>> Community-Discuss at afrinic.net <mailto:Community-Discuss at afrinic.net>
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-- 
--------------------------------------------------
Sunday Adekunle Folayan
Managing Director
General data Engineering Services (SKANNET)
16 Oshin Road, Kongi Bodija, Ibadan - Nigeria
Phone: +234 802 291 2202, +234 816 866 7523
Email: sfolayan at skannet.com.ng, sfolayan at gmail.com
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