DOCSLIB.ORG

BTA AR 2013 Web.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
BTA AR 2013 Web.Pdf Botswana Telecommunications Authority // ANNUAL REPORT 2013 OUR BUSINESS This reporting period marks the 02 Key Financial Data 04 Our History final year of the existence of the Botswana Telecommunications GOVERNANCE Authority (BTA). Over its sixteen 08 Chairman’s Statement years of existence, the BTA 10 Board of Directors 12 Chief Executive’s Statement has issued Three (3) Public 14 Management Team & Structure 16 Corporate Governance Telecommunications Operators licences, Thirty Two (32) Private REVIEWS Telecommunications Network 22 Market Review Licences and Sixty Eight (68) Value 25 Engineering Review 27 Broadcasting Review Added Network Service (VANS) 30 Compliance and Monitoring Review 34 Corporate Communications Review licences. Over the same sixteen 39 Human Resources year period, fixed telephony 40 Future Outlook subscriptions grew from around ANNUAL 148 000 to just over 162 000, FINANCIAL mobile telephony subscriptions STATEMENTS grew from zero (0) to almost 44 Corporate Information 3.1 million while Internet users 45 Members of the Board Report 66 Members’ Responsibility and Approval reached 977 462. The BTA will 47 Independent Auditors Report 48 Statement of Financial Position be succeeded by the Botswana 49 Statement of Comprehensive Income 50 Statement of Changes in Funds Communications Regulatory 51 Statement of Cash Flows 52 Accounting Policies Authority with effect from the 57 Notes to the Annual Financial Statements 1st April 2013. 69 Detailed Financial Statements Botswana Telecommunications Authority 206/207 Independence Avenue Download the Gaborone, Botswana BTA 2013 Annual Report: www.bta.org.bw T : +267 395 7755 F : +267 395 7976 E : [email protected] Botswana Telecommunications Authority // Annual Report 2013 3 Botswana Telecommunications Authority // Annual Report 2013 1 OUR BUSINESS // KEY FINANCIAL DATA SURPLUS FINANCIAL REVIEW : 2013 vs 2012 FIGURES IN PULA 2013 2012 FOR THE YEAR 2013 2012 Statement of Comprehensive Income P’MILLION P’MILLION Revenue 114 638 901 93 601 614 Other income 1 185 105 854 462 +28.2% Revenue 114.64 93.6 Operating expenses (83 157 764 ) (69 708 659) Other income 1.19 0.85 YEAR P’MILLION Surplus for the year before Operating expenses -83.16 -69.71 finance income 32 666 242 24 747 417 2013 40.58 Surplus for the year Finance income 7 409 284 6 417 757 before finance income 32.67 24.74 Fair value adjustments 500 000 500 000 40 575 526 31 665 174 2012 31.66 Finance Income 7.41 6.42 Fair value adjustments 0.5 0.5 Statement of Financial Position 2011 25.98 Surplus for the year 40.58 31.66 Assets Non-current assets Investment Property 8 000 000 7 500 000 Property, plant and equipment 75 950 998 81 862 839 83 950 998 89 362 839 REVENUE pay structure and money was withheld The BTA revenue comprise of turnover fees, from employees’ salaries towards statutory The BTA recorded Current assets Trade and other receivables 33 807 624 25 715 209 payments. Since these are not permitted radio licence fees, system licence fees and Prepayments 401 756 458 806 service licence fees. Turnover fees constitute deductions under the Employment Act, the a surplus of Pula Cash and cash equivalents 224 441 192 175 451 383 significant share of total revenue at 81%. Authority on a conservative basis made a 258 650 572 201 625 398 Total revenue increased by 22.5 % from Pula provision for a possible liability for the money 93.60 million last year to Pula 114.64 million withheld. 40.58 million, Total assets 342 601 570 290 988 237 during the year. The increase was mainly due to the turnover fees from Botswana OTHER INCOME representing an Funds and Liabilities Telecommunications Corporation for the The BTA invested its funds in fixed deposits Funds revenue generated from its subsidiaries for the and money market with banking institutions increase of 28.2% Proposed dividends 10 143 881 7 916 294 period March 2009 to March 2012 which was offering better interest rates. The fixed Accumulated surplus 263 987 931 233 556 286 only presented during the year under review. deposits amounting to P165 million are from previous 274 131 812 241 472 580 The BTA’s turnover fees are confirmed through exposed to cashflow interest risk, however the the audited turnover certificate of the public BTA manages the risk by placing the funds in Liabilities telecommunications operator (PTO), but for short term deposits ranging between 14 and year’s figure of the prior periods the revenue generated from 90 days. Current Liabilities Trade and other payables 33 237 747 14 820 162 these subsidiaries was not included in the Pula 31.66 million. Government of Botswana-Universal certificate. FINANCIAL POSITION Service Fund 35 232 011 34 695 495 The cash generated from operating activities 68 469 758 49 515 657 OPERATING EXPENSES increased by 31.5% from P46.10 million last Operating expenses increased by 19.2% to Pula year to P60.63 million during this year. Thus, Total Equity and Liabilities 342 601 570 290 988 237 83.16 million compared to Pula 69.71 million the BTA has adequate resources to finance its in the previous year. Expenditure increased operating activities and the anticipated capital Statement of Cash Flows Cashflow from Operating Activities mainly due to increase in consultancies and expenditure in the financial year 2013/14. Cash generated from operations 53 223 922 39 682 926 employee costs. The BTA adopted a clean Finance income 7 409 284 6 417 757 60 633 206 46 100 683 Cashflow from Investing Activities Purchase of property, plant and equipment (5 240 871 ) (7 337 787 ) REVENUE vs EXPENDITURE Sale of property, plant and equipment 977 252 559 029 Net cash from investing activities (4 263 619 ) (6 778 758 ) 150 Cashflow from Financing Activities Movement in Government of Botswana REVENUE Universal Service Fund 536 516 1 032 063 SOURCE Dividends paid (7 916 294 ) (6 495 936 ) 100 Net cash from financing activities (7 379 778 ) 5 463 873 Total cash movement for the year 48 989 809 33 858 052 P’Million 50 Cash at the beginning of the year 175 451 383 141 593 331 Total cash at the end of the year 224 441 192 175 451 383 0 2013 2012 Turnover Fees Radio Licence Fees Revenue Expenditure System Licence Fees Service Licence Fees 2 Botswana Telecommunications Authority // Annual Report 2013 3 OUR BUSINESS // THE HISTORY OF BTA Study on the Pricing of Telecommunications Services in Botswana. ITU Secretary General Mr. Yoshio Untsumi officially opened the Beginning of competition and awarding BTA Office. of the first fifteen year mobile licences to Mascom Wireless (Pty) Ltd and Vista Development of the Cellular (Now Orange Botswana (Pty) Telecommunications Technical Ltd. The licences were awarded with a Specifications and Type Approval ten (10) year exclusivity period. Procedures. Development of the Telephone Numbering Policy and the 2002 Spectrum Management Strategy. Study on Further Liberalisation of 1998 the Telecommunications Market in Botswana that led to the August 2006 Minister’s pronouncement on the lifting 2008 of the restriction on the provision of Allocation of the Fixed Wireless Access Hosting of the Telecommunications VoIP by Value Added Network Service Spectrum and the Development of a Regulators Association of Southern Providers and permission for mobile Cost Model and Pricing Framework for Africa (TRASA) Programme office. BTA operators to self-provide transmission Communications Services in Botswana. moved into its own building (The links. current office). National Roaming was Approval of the Telecommunications Act suspended. BTA issued two rulings of 1996 [No. 15 of 1996]; Establishment directing Botswana Telecommunications of the Botswana Telecommunications Corporation (BTC) to provide leased Authority (BTA) and the beginning of line capacity to two Internet Service Development of the Telephone 2010 liberalisation of the telecommunications Providers (ISPs). 2004 Numbering Plan and Draft Universal market. Service and Access Policy. Parliament passes the Communications Regulatory Authority Act. The 2000 Act provides for the regulation of 1996 2006 Telecoummunications, Broadcasting, Postal and Internet services under a converged environment. 2012 1997 2007 Setting up of the BTA with the assistance 2003 Introduction of the Service Neutral 2011 of the Swedish Management Group BTC was granted a fifteen (15) year Licensing Regime leading to the birth Directive on the implementation of (SMG) and publishing of the tender for licence. BTA issued Interconnection of the BTC mobile phone service arm the Recommendations of the Cost the procurement of mobile telephone 1999 Guidelines and the first interconnection 2005 -beMOBILE. Model and Pricing Framework for Licensing of the first two commercial services. ruling between Botswana Installation of the Automated Frequency Communications Services in Botswana FM Broadcasting Radio Stations; Yarona Telecommunication Corporation (BTC), Management System (AFMS) which leading to the reduction of wholesale FM and Gabz FM. BTA awarded the first Mascom Wireless and Orange Botswana. simplifies many of the responsibilities and retail tariffs. Internet Service Providers’ licences. of radio Frequency Spectrum administration such as licensing, engineering analysis, frequency assignment and monitoring. Study on 2001 Cost Model and Pricing Framework Implementation of the new seven for the Telecommunications Market in digit-numbering plan. The International Botswana. Telecommunication Union (ITU) conducted a study on the BTA and declared it a best practice model for regulators and policy-makers to emulate. 2009 Official opening of the spectrum monitoring facility - The Spectrum House. Market study of the telecommunications sector in Botswana and the beginning of the Mobile Phone Sim-cards Registration requirement. 4 Botswana Telecommunications Authority // Annual Report 2013 5 GOVERNANCE // With the effective cooperation of all stakeholders and the right balance of regulation, together we as stakeholders will maximise the immense benefit to the people of Botswana. Corporate Governance We subscribe to high ethical standards and place strong emphasis on outstanding corporate governance.
Load more

Recommended publications
  • List 283 | October 2014
    Stephen Album Rare Coins Specializing in Islamic, Indian & Oriental Numismatics P.O. Box 7386, Santa Rosa, CA. 95407, U.S.A. 283 Telephone 707-539-2120 — Fax 707-539-3348 [email protected] Catalog price $5.00 www.stevealbum.com 137187. SAFAVID: Muhammad Khudabandah, 1578-1588, AV ½ OCTOBER 2014 mithqal (2.31g), Mashhad, AH[9]85, A-2616.2, type A, with epithet imam reza, some flatness, some (removable) dirt Gold Coins on obverse, VF, R, ex. Richard Accola collection $350 137186. SAFAVID: Muhammad Khudabandah, 1578-1588, AV mithqal (4.59g), Qazwin, AH[9]89, A-2617.2, type B, some weakness Ancient Gold towards the rim, VF, R, ex. Richard Accola collection $450 137190. SAFAVID: Sultan Husayn, 1694-1722, AV ashrafi (3.47g), Mashhad, AH1130, A-2669E, local design, used only at Mashhad, 138883. ROMAN EMPIRE: Valentinian I, 364-375 AD, AV solidus the site of the tomb of the 8th Shi’ite Imam, ‘Ali b. Musa al-Reza, (4.47g), Thessalonica, bust facing right, pearl-diademed, no weakness, VF, RRR, ex. Richard Accola collection $1,000 draped & cuirassed / Valentinian & Valens seated, holding The obverse text is hoseyn kalb-e astan-e ‘ali, “Husayn, dog at together a globe, Victory behind with outspread wings, the doorstep of ‘Ali.,” with additional royal text in the obverse SMTES below, very tiny rim nick, beautiful bold strike, margin, not found on the standard ashrafis of type #2669. choice EF, R $1,200 By far the most common variety of this type is of the Trier 137217. AFSHARID: Shahrukh, 2nd reign, 1750-1755, AV mohur mint, with Constantinople also relatively common.
    [Show full text]
  • Treasury Reporting Rates of Exchange As of December 31, 2018
    TREASURY REPORTING RATES OF EXCHANGE AS OF DECEMBER 31, 2018 COUNTRY-CURRENCY F.C. TO $1.00 AFGHANISTAN - AFGHANI 74.5760 ALBANIA - LEK 107.0500 ALGERIA - DINAR 117.8980 ANGOLA - KWANZA 310.0000 ANTIGUA - BARBUDA - E. CARIBBEAN DOLLAR 2.7000 ARGENTINA-PESO 37.6420 ARMENIA - DRAM 485.0000 AUSTRALIA - DOLLAR 1.4160 AUSTRIA - EURO 0.8720 AZERBAIJAN - NEW MANAT 1.7000 BAHAMAS - DOLLAR 1.0000 BAHRAIN - DINAR 0.3770 BANGLADESH - TAKA 84.0000 BARBADOS - DOLLAR 2.0200 BELARUS - NEW RUBLE 2.1600 BELGIUM-EURO 0.8720 BELIZE - DOLLAR 2.0000 BENIN - CFA FRANC 568.6500 BERMUDA - DOLLAR 1.0000 BOLIVIA - BOLIVIANO 6.8500 BOSNIA- MARKA 1.7060 BOTSWANA - PULA 10.6610 BRAZIL - REAL 3.8800 BRUNEI - DOLLAR 1.3610 BULGARIA - LEV 1.7070 BURKINA FASO - CFA FRANC 568.6500 BURUNDI - FRANC 1790.0000 CAMBODIA (KHMER) - RIEL 4103.0000 CAMEROON - CFA FRANC 603.8700 CANADA - DOLLAR 1.3620 CAPE VERDE - ESCUDO 94.8800 CAYMAN ISLANDS - DOLLAR 0.8200 CENTRAL AFRICAN REPUBLIC - CFA FRANC 603.8700 CHAD - CFA FRANC 603.8700 CHILE - PESO 693.0800 CHINA - RENMINBI 6.8760 COLOMBIA - PESO 3245.0000 COMOROS - FRANC 428.1400 COSTA RICA - COLON 603.5000 COTE D'IVOIRE - CFA FRANC 568.6500 CROATIA - KUNA 6.3100 CUBA-PESO 1.0000 CYPRUS-EURO 0.8720 CZECH REPUBLIC - KORUNA 21.9410 DEMOCRATIC REPUBLIC OF CONGO- FRANC 1630.0000 DENMARK - KRONE 6.5170 DJIBOUTI - FRANC 177.0000 DOMINICAN REPUBLIC - PESO 49.9400 ECUADOR-DOLARES 1.0000 EGYPT - POUND 17.8900 EL SALVADOR-DOLARES 1.0000 EQUATORIAL GUINEA - CFA FRANC 603.8700 ERITREA - NAKFA 15.0000 ESTONIA-EURO 0.8720 ETHIOPIA - BIRR 28.0400
    [Show full text]
  • Is the Botswana Pula Misaligned?
    BIDPA Working Paper 33 July 2012 Is the Botswana Pula Misaligned? Haile Taye BOTSWANA INSTITUTE FOR DEVELOPMENT POLICY ANALYSIS BIDPA The Botswana Institute for Development Policy Analysis (BIDPA) is an independent trust, which started operations in 1995 as a non-governmental policy research institution. BIDPA’s mission is to inform policy and build capacity through research and consultancy services. BIDPA is funded by the Botswana government and the African Capacity Building Foundation. BIDPA Working Paper Series The series comprises of papers which reflect work in progress or limited research efforts, which may be of interest to researchers and policy makers, or of a public education character. Working papers may already have been published elsewhere or may appear in other publications. Haile Taye is a Senior Research Fellow at the Botswana Institute for Development Policy Analysis. ISBN: 99912-65-44-9 © Botswana Institute for Development Policy Analysis, 2012 Disclaimer: The views expressed in this document are entirely those of the author and do not necessarily reflect the official opinion of BIDPA. TABLE OF CONTENTS Acknowledgements ................................................................................................. iv Abstract ................................................................................................................... iv 1. Introduction ......................................................................................................... 1 2. Determinants of the Equilibrium Exchange Rate ............................................
    [Show full text]
  • Treasury Reporting Rates of Exchange As of March 31, 1994
    iP.P* r>« •ini u U U ;/ '00 TREASURY REPORTING RATES OF EXCHANGE AS OF MARCH 31, 1994 DEPARTMENT OF THE TREASURY Financial Management Service FORWARD This report promulgates exchange rate information pursuant to Section 613 of P.L. 87-195 dated September 4, 1961 (22 USC 2363 (b)) which grants the Secretary of the Treasury "sole authority to establish for all foreign currencies or credits the exchange rates at which such currencies are to be reported by all agencies of the Government". The primary purpose of this report is to insure that foreign currency reports prepared by agencies shall be consistent with regularly published Treasury foreign currency reports as to amounts stated in foreign currency units and U.S. dollar equivalents. This covers all foreign currencies in which the U.S. Government has an interest, including receipts and disbursements, accrued revenues and expenditures, authorizations, obligations, receivables and payables, refunds, and similar reverse transaction items. Exceptions to using the reporting rates as shown in the report are collections and refunds to be valued at specified rates set by international agreements, conversions of one foreign currency into another, foreign currencies sold for dollars, and other types of transactions affecting dollar appropriations. (See Volume I Treasury Financial Manual 2-3200 for further details). This quarterly report reflects exchange rates at which the U.S. Government can acquire foreign currencies for official expenditures as reported by disbursing officers for each post on the last business day of the month prior to the date of the published report. Example: The quarterly report as of December 31, will reflect exchange rates reported by disbursing offices as of November 30.
    [Show full text]
  • View Currency List
    Currency List business.westernunion.com.au CURRENCY TT OUTGOING DRAFT OUTGOING FOREIGN CHEQUE INCOMING TT INCOMING CURRENCY TT OUTGOING DRAFT OUTGOING FOREIGN CHEQUE INCOMING TT INCOMING CURRENCY TT OUTGOING DRAFT OUTGOING FOREIGN CHEQUE INCOMING TT INCOMING Africa Asia continued Middle East Algerian Dinar – DZD Laos Kip – LAK Bahrain Dinar – BHD Angola Kwanza – AOA Macau Pataca – MOP Israeli Shekel – ILS Botswana Pula – BWP Malaysian Ringgit – MYR Jordanian Dinar – JOD Burundi Franc – BIF Maldives Rufiyaa – MVR Kuwaiti Dinar – KWD Cape Verde Escudo – CVE Nepal Rupee – NPR Lebanese Pound – LBP Central African States – XOF Pakistan Rupee – PKR Omani Rial – OMR Central African States – XAF Philippine Peso – PHP Qatari Rial – QAR Comoros Franc – KMF Singapore Dollar – SGD Saudi Arabian Riyal – SAR Djibouti Franc – DJF Sri Lanka Rupee – LKR Turkish Lira – TRY Egyptian Pound – EGP Taiwanese Dollar – TWD UAE Dirham – AED Eritrea Nakfa – ERN Thai Baht – THB Yemeni Rial – YER Ethiopia Birr – ETB Uzbekistan Sum – UZS North America Gambian Dalasi – GMD Vietnamese Dong – VND Canadian Dollar – CAD Ghanian Cedi – GHS Oceania Mexican Peso – MXN Guinea Republic Franc – GNF Australian Dollar – AUD United States Dollar – USD Kenyan Shilling – KES Fiji Dollar – FJD South and Central America, The Caribbean Lesotho Malati – LSL New Zealand Dollar – NZD Argentine Peso – ARS Madagascar Ariary – MGA Papua New Guinea Kina – PGK Bahamian Dollar – BSD Malawi Kwacha – MWK Samoan Tala – WST Barbados Dollar – BBD Mauritanian Ouguiya – MRO Solomon Islands Dollar –
    [Show full text]
  • BTA Annual Report 2009 English.Pdf
    regulation in a liBeralised market Botswana telecommunications authority annual rePort 2009 09 CONTENTS 2 Chairman’s Statement 4 Chief Executive’s Statement 6 Board of Directors 8 Management 10 Corporate Governance 14 Engineering Review 16 Broadcasting Regulation Issues 18 Market Development 24 Compliance and Consumer Affairs 26 Public Relations 30 Corporate Strategy 34 Financial Review 37 Conclusion 40 Annual Financial Statements Botswana telecommunications authority Annual Report 2009 Surplus for the year (Pula) Revenue v Expenditure 80 70 60 50 40 Pula Million 30 20 6,563,953 10 18,173,982 12,037,490 - 2009 2008 2007 2009 2008 2007 Revenue Expenditure Cash from Revenue Source operations v Capex 30 25 20 15 Pula Million 10 Turnover fees 81% 5 Radio Licence fees 13% System Licence fees 5% - Service Licence fees 1% 2007 2008 2009 Cash from operations Capex BotSwana telecommunIcatIonS authorIty Annual Report 2009 results for the year ended 31 march 2009 the members of the Board of Botswana telecommunications authority have pleasure in announcing the audited financial results of the authority for the year ended 31 march 2009. 2009 2008 2009 2008 Income Statement Pula Pula cashflow Statement Pula Pula Revenue 71,247,170 61,085,480 Cashflow from Operating Other income 1,851,509 1,113,034 Activities 22,184,767 29,217,251 Contribution to Universal Service Fund (4,000,000 ) — Cash generated from operations 16,575,960 25,124,109 Operating expenses (56,533,504 ) (54,254,166 ) Finance income 5,608,807 4,093,142 Finance income 5,608,807 4,093,142
    [Show full text]
  • The Implications of Pegging the Botswana Pula to the U.S. Dollar
    The African e-Journals Project has digitized full text of articles of eleven social science and humanities journals. This item is from the digital archive maintained by Michigan State University Library. Find more at: http://digital.lib.msu.edu/projects/africanjournals/ Available through a partnership with Scroll down to read the article. The Implications of Pegging the Botswana Pula to the U.S. Dollar O. Ochieng INTRODUCTION The practice of peg~ing the currency of one country to another is widespread in the world: of the 141 countries in the world considered as of March 31, 1979, only 32 (23%) national currencies were not pegRed to other currencies and in Africa only 3 out of 41 were unpegGed (Tahle 1); so that the fundamental question of whether to ~eg a currency or not is already a decided matter for many countries, and what often remains to be worked out is, to which currency one should pef one's currency. Judging from the way currencies are moved from one peg to another, it seems that this issue is far from being settled. Once one has decided to peg one's currency to another, there are three policy alternatives to select from: either a country pegs to a single currency; or pegs to a specific basket of currencies; or pegs to Special Drawing Rights (SDR). Pegging a wea~ currency to a single major currency seems to ~e the option that i~ most favoured by less developed countries. The ex-colonial countries generally pegged their currencies to that of their former colonial master at independence.
    [Show full text]
  • Countries Codes and Currencies 2020.Xlsx
    World Bank Country Code Country Name WHO Region Currency Name Currency Code Income Group (2018) AFG Afghanistan EMR Low Afghanistan Afghani AFN ALB Albania EUR Upper‐middle Albanian Lek ALL DZA Algeria AFR Upper‐middle Algerian Dinar DZD AND Andorra EUR High Euro EUR AGO Angola AFR Lower‐middle Angolan Kwanza AON ATG Antigua and Barbuda AMR High Eastern Caribbean Dollar XCD ARG Argentina AMR Upper‐middle Argentine Peso ARS ARM Armenia EUR Upper‐middle Dram AMD AUS Australia WPR High Australian Dollar AUD AUT Austria EUR High Euro EUR AZE Azerbaijan EUR Upper‐middle Manat AZN BHS Bahamas AMR High Bahamian Dollar BSD BHR Bahrain EMR High Baharaini Dinar BHD BGD Bangladesh SEAR Lower‐middle Taka BDT BRB Barbados AMR High Barbados Dollar BBD BLR Belarus EUR Upper‐middle Belarusian Ruble BYN BEL Belgium EUR High Euro EUR BLZ Belize AMR Upper‐middle Belize Dollar BZD BEN Benin AFR Low CFA Franc XOF BTN Bhutan SEAR Lower‐middle Ngultrum BTN BOL Bolivia Plurinational States of AMR Lower‐middle Boliviano BOB BIH Bosnia and Herzegovina EUR Upper‐middle Convertible Mark BAM BWA Botswana AFR Upper‐middle Botswana Pula BWP BRA Brazil AMR Upper‐middle Brazilian Real BRL BRN Brunei Darussalam WPR High Brunei Dollar BND BGR Bulgaria EUR Upper‐middle Bulgarian Lev BGL BFA Burkina Faso AFR Low CFA Franc XOF BDI Burundi AFR Low Burundi Franc BIF CPV Cabo Verde Republic of AFR Lower‐middle Cape Verde Escudo CVE KHM Cambodia WPR Lower‐middle Riel KHR CMR Cameroon AFR Lower‐middle CFA Franc XAF CAN Canada AMR High Canadian Dollar CAD CAF Central African Republic
    [Show full text]
  • WM/Refinitiv Closing Spot Rates
    The WM/Refinitiv Closing Spot Rates The WM/Refinitiv Closing Exchange Rates are available on Eikon via monitor pages or RICs. To access the index page, type WMRSPOT01 and <Return> For access to the RICs, please use the following generic codes :- USDxxxFIXz=WM Use M for mid rate or omit for bid / ask rates Use USD, EUR, GBP or CHF xxx can be any of the following currencies :- Albania Lek ALL Austrian Schilling ATS Belarus Ruble BYN Belgian Franc BEF Bosnia Herzegovina Mark BAM Bulgarian Lev BGN Croatian Kuna HRK Cyprus Pound CYP Czech Koruna CZK Danish Krone DKK Estonian Kroon EEK Ecu XEU Euro EUR Finnish Markka FIM French Franc FRF Deutsche Mark DEM Greek Drachma GRD Hungarian Forint HUF Iceland Krona ISK Irish Punt IEP Italian Lira ITL Latvian Lat LVL Lithuanian Litas LTL Luxembourg Franc LUF Macedonia Denar MKD Maltese Lira MTL Moldova Leu MDL Dutch Guilder NLG Norwegian Krone NOK Polish Zloty PLN Portugese Escudo PTE Romanian Leu RON Russian Rouble RUB Slovakian Koruna SKK Slovenian Tolar SIT Spanish Peseta ESP Sterling GBP Swedish Krona SEK Swiss Franc CHF New Turkish Lira TRY Ukraine Hryvnia UAH Serbian Dinar RSD Special Drawing Rights XDR Algerian Dinar DZD Angola Kwanza AOA Bahrain Dinar BHD Botswana Pula BWP Burundi Franc BIF Central African Franc XAF Comoros Franc KMF Congo Democratic Rep. Franc CDF Cote D’Ivorie Franc XOF Egyptian Pound EGP Ethiopia Birr ETB Gambian Dalasi GMD Ghana Cedi GHS Guinea Franc GNF Israeli Shekel ILS Jordanian Dinar JOD Kenyan Schilling KES Kuwaiti Dinar KWD Lebanese Pound LBP Lesotho Loti LSL Malagasy
    [Show full text]
  • Treasury Reporting Rates of Exchange As of March 31, 1993
    TREASURY REPORTING RATES OF EXCHANGE AS OF MARCH 31, 1993 DEPARTMENT OF THE TREASURY Financial Management Service FORWARD This report promulgates exchange rate information pursuant to Section 613 of P.L. 87-195 dated September 4, 1961 (22 USC 2363 (b)) which grants the Secretary of the Treasury "sole authority to establish for all foreign currencies or credits the exchange rates at which such currencies are to be reported by all agencies of the Government". The primary purpose of this report is to insure that foreign currency reports prepared by agencies shall be consistent with regularly published Treasury foreign currency reports as to amounts stated in foreign currency units and U.S. dollar eguivalents. This covers all foreign currencies in which the U.S. Government has an interest, including receipts and disbursements, accrued revenues and expenditures, authorizations, obligations, receivables and payables, refunds, and similar reverse transaction items. Exceptions to using the reporting rates as shown in the report are collections and refunds to be valued at specified rates set by international agreements, conversions of one foreign currency into another, foreign currencies sold for dollars, and other types of transactions affecting dollar appropriations. (See Volume I Treasury Financial Manual 2-3200 for further details). This quarterly report reflects exchange rates at which the U.S. Government can acquire foreign currencies for official expenditures as reported by disbursing officers for each post on the last business day of the month prior to the date of the published report. Example: The quarterly report as of December 31, will reflect exchange rates reported by disbursing offices as of November 30.
    [Show full text]
  • Botswana Telecommunications Corporation Limited 2019 Annual Report 1 177 175 178 167 179 233 232 235 166 236 180 205
    Botswana Telecommunications Corporation Limited 2019 Annual Report BTC ANNUAL REPORT 2019 1 WHAT'S INSIDE THIS REPORT ANNUAL8. FINANCIAL 4.OPERATIONAL STATEMENTS PERFORMANCE SUSTAINABILITY Board Approval of the Annual 5. Financial Statements 166 REVIEW REVIEW General Information 167 Commercial Unit Review 53 Independent Auditor’s Technology Unit Review 59 Report 170 Board of Directors 66 Statement of Profit or Loss Executive Management 72 and Other Comprehensive STRATEGIC3. Human Resourses 78 6. Income 175 GOVERNANCE PERFORMANCE Stakeholder Engagement Statement of Financial Report 86 Corporate Governance 107 Position 177 REVIEW Corporate Social Investment Compliance with the ABOUT BTC Statement of Changes 1. Strategic Themes 42 Report 92 Corporate Governance in Equity 178 10 Year History Strategic Focus To 2020 44 Code 124 Statement of Cash Flows 179 - Key Milestones 7 Strategic Performance Risk Management Accounting Policies 180 Our Mission 8 Update 45 Report 134 Notes to the Financials 205 Our Vision 10 Shareholder Analysis 232 Our Values 12 Notice of AGM 233 Our Business Structure 14 Proxy Form 235 High Level Organisational Notes to Proxy 236 Structure 15 PERFORMANCE2. SUMMARY Performance Highlights 20 Chairperson's Statement 22 7.FINANCIAL Managing Director's Statement 28 REVIEW Compliance with the Financial Review and Management Discussion 143 Our reporting Online Ten Year Review 146 Our Performance www.btcl.co.bw PAGE Summary and high level views on page 19-100 2 3 fastest Broadband Service in Botswana About BTC – Corporate Info, Milestones, Corporate Summary 9 Vision and Mission 8 Product Portfolio 10 Our Values 12 Strategic Structure 14 Organisational Structure 15 ABOUT BTC 4 5 ABOUT BTC A CULTURE OF PROGRESS IN OUR FIBRE 01 BTC is a proudly Botswana business that strives to operate and deliver to a truly international standard.
    [Show full text]
  • List of Currencies of All Countries
    The CSS Point List Of Currencies Of All Countries Country Currency ISO-4217 A Afghanistan Afghan afghani AFN Albania Albanian lek ALL Algeria Algerian dinar DZD Andorra European euro EUR Angola Angolan kwanza AOA Anguilla East Caribbean dollar XCD Antigua and Barbuda East Caribbean dollar XCD Argentina Argentine peso ARS Armenia Armenian dram AMD Aruba Aruban florin AWG Australia Australian dollar AUD Austria European euro EUR Azerbaijan Azerbaijani manat AZN B Bahamas Bahamian dollar BSD Bahrain Bahraini dinar BHD Bangladesh Bangladeshi taka BDT Barbados Barbadian dollar BBD Belarus Belarusian ruble BYR Belgium European euro EUR Belize Belize dollar BZD Benin West African CFA franc XOF Bhutan Bhutanese ngultrum BTN Bolivia Bolivian boliviano BOB Bosnia-Herzegovina Bosnia and Herzegovina konvertibilna marka BAM Botswana Botswana pula BWP 1 www.thecsspoint.com www.facebook.com/thecsspointOfficial The CSS Point Brazil Brazilian real BRL Brunei Brunei dollar BND Bulgaria Bulgarian lev BGN Burkina Faso West African CFA franc XOF Burundi Burundi franc BIF C Cambodia Cambodian riel KHR Cameroon Central African CFA franc XAF Canada Canadian dollar CAD Cape Verde Cape Verdean escudo CVE Cayman Islands Cayman Islands dollar KYD Central African Republic Central African CFA franc XAF Chad Central African CFA franc XAF Chile Chilean peso CLP China Chinese renminbi CNY Colombia Colombian peso COP Comoros Comorian franc KMF Congo Central African CFA franc XAF Congo, Democratic Republic Congolese franc CDF Costa Rica Costa Rican colon CRC Côte d'Ivoire West African CFA franc XOF Croatia Croatian kuna HRK Cuba Cuban peso CUC Cyprus European euro EUR Czech Republic Czech koruna CZK D Denmark Danish krone DKK Djibouti Djiboutian franc DJF Dominica East Caribbean dollar XCD 2 www.thecsspoint.com www.facebook.com/thecsspointOfficial The CSS Point Dominican Republic Dominican peso DOP E East Timor uses the U.S.
    [Show full text]