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-annou...@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 > annou...@afrinic.net > https://lists.afrinic.net/mailman/listinfo/announce > -- *./noah*
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