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

[Noah]

Oga Sunday,

I wish you a safe trip to Nairobi.

So the FS was published to the public through the announce at afrinic.net
mailing list. If indeed AFRINIC's board wish was for the FS to be discussed
only by its resource members then they should have restricted it to only
the membership. The FS is also publicly published on AFRINIC website. Its
only logical that the FS in this case is discussed across the board by both
the community and membership at large.

Noah

On Thu, May 25, 2017 at 1:56 AM, Sunday Folayan <sfolayan at skannet.com>
wrote:

> 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> 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
>>
>> 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).
>>
>> 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.
>>
>>
>>
>>
>>
>>
>> _______________________________________________
>> Announce mailing list
>> Announce at afrinic.net
>> https://lists.afrinic.net/mailman/listinfo/announce
>>
>
>
>
> --
> *./noah*
>
>
> _______________________________________________
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>
>
>


-- 
*./noah*
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