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

[Sunday Folayan]

Dear Omo,

Those are the 372 members who have not paid as at March 31 2017, broken 
down by the groups (Education, Government, Others). They will be billed 
a minimum of 5% penalty depending on when they finally settle their 
invoices.

The revision being proposed herein by the Board is effective 2018 
Financial year.

Thanks.

Sunday.

On 07/06/2017 15:37, Omo Oaiya wrote:
> Thanks for this Chair.    I will add my appreciation to the Board's 
> prompt response to the issue Ayitey raised.
>
> I am however a bit unclear on #3 - "Analyses of unpaid as at Q1 March 
> 2017"
>
> Does it mean that the percentages next to the groups had not paid 
> invoices as at March 2017 or that these are figures for those that 
> that paid?
>
> Best wishes
> Omo
>
> On 7 June 2017 at 14:43, 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> <mailto: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.
>>     >> _______________________________________________
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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 <tel:0802%20291%202202>,+234 816 866 7523 <tel:0816%20866%207523>
>     Email:sfolayan at skannet.com.ng <mailto:sfolayan at skannet.com.ng>,sfolayan at gmail.com <mailto:sfolayan at gmail.com>
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> -- 
> Omo Oaiya CTO/Directeur Technique, WACREN Mobile: +234 808 888 1571 
> <tel:0808%20888%201571> , +221 784 305 224 Skype: 
> kodionhttp://www.wacren.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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