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

[Sunday Folayan]

Jambo Noah,

I shall cross-check and revert later, because I have started my 
in-country trip, destination Nairobi.

You may want to appropriately address Financials, through 
members-discuss at afrinic.net.

Best Regards,

Sunday Folayan

On 24/05/2017 23:20, Noah wrote:
> Hello Board Chair,
>
> While going through this approved Financial Statements by the Board, I 
> have noted concerns that needs some clarifications.
>
> 1. Total emoluments and other benefits given to directors by the 
> Company during the year *2016 were 164.72*  compared to *74.49 in 2015 
> a 221% increase in spend on directors*.
>
> Can I ask the reason for such an Increase and can the membership have 
> a breakdown of this figure made public.
>
> 2. At 31 December 2016, trade receivables amounting to *USD 39,199 in 
> 2016* compared to *2015 : USD 26,098*, were impaired and written off 
> during the year meaning we are not managing our collections. This 
> situation was expected to improve but that doesn't seem to be the case.
>
> Can I get some clarifications considering in Gaborone when I tasked 
> the board for explain, the board indicated the situation would improve.
>
>
> Noah
>
>
>
>
>
> Noah
>
> On Wed, Apr 26, 2017 at 10:58 AM, AFRINIC Communication 
> <comm-announce at afrinic.net <mailto:comm-announce at afrinic.net>> wrote:
>
>     Dear Colleagues,
>
>     AFRINIC is pleased to advise that the Annual Financial Statements
>     for the financial year to December 2016 is now available at:
>     https://www.afrinic.net/images/doc/Unsigned_AFS_2016.pdf
>     <https://www.afrinic.net/images/doc/Unsigned_AFS_2016.pdf>
>
>     Kindly take note that, at its meeting on the 19th April 2017,
>     AFRINIC Board approved the Audited Financial Statements as
>     presented (board resolution 201704.332  -
>     https://www.afrinic.net/about/bod/meeting/2017#r332
>     <https://www.afrinic.net/about/bod/meeting/2017#r332>).
>
>     All the required signatures are being assembled and once
>     completed, a fully signed and complete set of 2016 Audited
>     Financial Statements together with the signed External Auditors
>     reports and Opinions shall be published.
>
>     As per the bylaws Section 7.6  the audited financial statement
>     will be presented at the AGMM on 1 June 2017, for adoption by the
>     members.
>
>
>
>
>
>
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>
> -- 
> *./noah*
>
>
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