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SmartTart
06-12-2013, 08:28 AM
Hi All
Please find these documents attached.
Notification regarding the AGM to follow shortly by email and on the Forum

Pannas
06-12-2013, 08:56 AM
51k depreciation... eina! :offtheair:

Pirate
06-12-2013, 09:08 AM
Thanks guys. :salute:I just have 2 questions (2013 AFS)
1. what was the "prior year adjustment" in the note for retained earnings for, and
2. Do you know why scrutineering income is tax exempt?

Pannas, the increase in depreciation compared with 2012 is due in most part of the purchase of assets. More assets means more depreciation.

Pannas
06-12-2013, 09:15 AM
yes, I get that...

SmartTart
06-12-2013, 09:31 AM
Thanks guys. :salute:I just have 2 questions (2013 AFS)
1. what was the "prior year adjustment" in the note for retained earnings for, and
2. Do you know why scrutineering income is tax exempt?
Pannas, the increase in depreciation compared with 2012 is due in most part of the purchase of assets. More assets means more depreciation.

Best to speak directly to the Bookkeeper with any questions - remember that we, the directors, do not pretend to be accountants and as such employ the pro's to handle this.
You can email your questions to the directors email address and we will forward to the bookkeeper and copy you.
PS - we do not charge vat if that's what you are refering to?

Pirate
06-12-2013, 09:47 AM
Sorry Pannas

ST, thanks, I will. I am not referring to VAT, rather the deduction of that income in the Tax calculation. It's directors@thinkbike.co.za, correct?

Pannas
06-12-2013, 09:48 AM
:thumbright:

SmartTart
06-12-2013, 12:56 PM
Sorry Pannas

ST, thanks, I will. I am not referring to VAT, rather the deduction of that income in the Tax calculation. It's directors@thinkbike.co.za, correct?

Yes, thanks I have sent your questions to the pro's, please feel free to post their response here when you received it:thumbright:

FH
06-12-2013, 08:19 PM
thanx to all involved .....for all your efforts to get this done:notworthy: