[Community-Discuss] [AFRINIC-Announce] AFRINIC Annual Financial Statements 2016
Sunday Folayan
sfolayan at gmail.com
Wed Jun 7 14:50:16 UTC 2017
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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