Financial Status

I have posted a copy of the bank transactions for the last two weeks, although the balance reads as 10,221.01 Euros, a cheque for 1,000 Euros has been given to the Pool contractor and also 1,000 Euros to the lawyer as part payment for the pending court case in Madrid. The same to be paid in January 2009.

The electricity bill is due next week, an estimated amount of 5,000 Euros,
therefore arrangements have been made to read the meters before the end of December so that the data can be forwarded to APYME with a request that the bills are ready for early January.

When the bills have been distributed a debtors list will be posted in the cabinet outside the office, this will be updated quarterly. If any owner has a justifiable reason for the removal of a name please contact the office.