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

[Sunday Folayan]

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.

Members however have the right to query any details in the Financials.

Nice day.

Sunday.

On 25/05/2017 08:20, Noah wrote:
> Oga Sunday,
>
> I wish you a safe trip to Nairobi.
>
> So the FS was published to the public through the announce at afrinic.net 
> <mailto: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 
> <mailto: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 <mailto: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.
>>
>>
>>
>>
>>
>>
>>         _______________________________________________
>>         Announce mailing list
>>         Announce at afrinic.net <mailto:Announce at afrinic.net>
>>         https://lists.afrinic.net/mailman/listinfo/announce
>>         <https://lists.afrinic.net/mailman/listinfo/announce>
>>
>>
>>
>>
>>     -- 
>>     *./noah*
>>
>>
>>     _______________________________________________
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>
> -- 
> *./noah*
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