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4 Jul 2017, 03:10 (Ref:3748753) | #1 | |
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CAMS 2016 Financial Report
Interesting that this report has just been released today, yet all the directors and auditors reports are dated 21 April. Why the delay?
Also do not include the remuneration of the CEO and senior management as found in all public company financial reports. http://media3.speedcafe.com/wp-conte...16_Digital.pdf |
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4 Jul 2017, 03:23 (Ref:3748759) | #2 | |||
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Public Companies have different reporting requirements on salaries - that's why they are reported they way they are. No need for CAMS or anyone else to publicly list what individual deals are. |
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4 Jul 2017, 03:30 (Ref:3748763) | #3 | ||
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as per Note 1 to the report
Quote:
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4 Jul 2017, 04:46 (Ref:3748788) | #4 | ||
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Did not find anything in the report about the 400K they lost
on the F4's in the last 12 months. |
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4 Jul 2017, 04:51 (Ref:3748789) | #5 | |
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4 Jul 2017, 11:36 (Ref:3748878) | #6 | ||
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4 Jul 2017, 22:36 (Ref:3748980) | #7 | ||
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4 Jul 2017, 22:44 (Ref:3748982) | #8 | |
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5 Jul 2017, 03:10 (Ref:3749004) | #9 | |
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It appears you haven't even read the report.
On the first page it says Clearly "ANNUAL REPORT 2016". What is your definition of annual? It is clearly mentioned throughout that it is for the YEAR ENDED 31 December 2016. See top of page 24, pages 26 to 30 and 32 to 43. Financial matters are obviously not your area of expertise. |
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5 Jul 2017, 03:37 (Ref:3749007) | #10 | ||
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Now put it back into the context of what i was responding too with scruts question who asked about the last 12 months of which the annual report only represents 6 months off. |
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5 Jul 2017, 05:07 (Ref:3749014) | #11 | ||||
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Quote:
Quote:
The report covers 12 months, and doesn't mention any F4 losses. Which are real, and as quoted to Scrut by a CAMS Board member....what am I missing? Did you read the report? What is your definition of annual? Are financial matters your area of expertise? |
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5 Jul 2017, 05:21 (Ref:3749015) | #12 | ||
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Scrut on July 3 asked if there was any mention of F4 losses for the last 12 months, I took that as July 2016 to June 2017 I replied that report only covered 6 months of that period ie July 2016 to December 2016 I also pointed out that there is no need to mention those losses in an annual report |
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5 Jul 2017, 06:08 (Ref:3749019) | #13 | |||
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I'm not doing anything other than trying to make some sense of whats written. It makes communication on a forum where intonation and body language can't be conveyed in any meaningful way. Any thoughts of other agendas simply aren't there. |
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5 Jul 2017, 09:09 (Ref:3749043) | #14 | ||
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A financial report would _normally_ be for a financial year, but this is CAMS Annual report, for 2016 Calendar year.
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5 Jul 2017, 09:12 (Ref:3749044) | #15 | |
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Not every institution reports on a July-June financial year. Independent schools for example commonly report on a January-December financial year, as it fits with the school year. The same would apply to CAMS I would think, as it would fit with the competition year. I would suggest that the report is for a full 12 months, not just 6.
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5 Jul 2017, 09:23 (Ref:3749049) | #16 | ||
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Suggest you read post #12 |
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5 Jul 2017, 09:23 (Ref:3749050) | #17 | |
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5 Jul 2017, 09:33 (Ref:3749053) | #18 | |
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5 Jul 2017, 09:43 (Ref:3749055) | #19 | |
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its totally correct
if you think its incorrect then you are taking it out of context and interpreting as something that was not part of the discussion The annual report/financial report covers the period 1 Jan to 31 Dec 2016 Scrut asked on 3 July about the last 12 months which i interpreted as 1 July 2016 to 30 June 2017 (maybe i interpreted it wrong but that how i interpreted it. Scrut seemed to have no issues with the response) Thus only 6 months of the last 12 months 1 July 2016 to 31 Dec 2016 are in the annual report. The other 6 months 1 Jan to 30 June 2017 occur in the current year and are not in the report Is it spelt out clear enough now for those that are not even part of the conversation but merely seem to be trying to correct something. |
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5 Jul 2017, 09:44 (Ref:3749056) | #20 | ||
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Three of the big banks (ANZ, NAB and Westpac) have 30 September year end, department store Myer has 30 July. SUbsidiaries of Japanese companies have 31 March. Just a couple of examples. |
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5 Jul 2017, 10:03 (Ref:3749062) | #21 | ||
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Quote:
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5 Jul 2017, 10:19 (Ref:3749073) | #22 | ||
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Quote:
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5 Jul 2017, 10:26 (Ref:3749076) | #23 | |
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5 Jul 2017, 10:36 (Ref:3749077) | #24 | |
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5 Jul 2017, 11:10 (Ref:3749085) | #25 | ||
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Oh. My. Goodness.
A whole page of navel gazing over a report which is clearly dated as to which bit of which years it covers... Come on, guys, you can do better than that. Dullest discussion ever. Just talk about the sport for goodness sake. |
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