Nichole Case, chief information officer for the GraceKennedy Financial Group, recounts initially wanting to pursue a career in medicine. However, while on a summer job during her early univers.
JOA President Christopher Samuda.
The Jamaica Olympic Association (JOA) is reporting that it has achieved strong financial growth for the period ended December 31, 2019.
Treasurer Nichole Case made the announcement to those in attendance at the JOA’s Annual General Meeting (AGM) recently.
Case reported to member associations that the JOA received an unqualified opinion from its external auditors KPMG for the period ended December 31, 2019, which witnessed a robust growth in the balance sheet over the prior year with increases in current assets by 8.3 per cent, non-current assets by 15.3 per cent and total funds (capital and general) by 13.2 per cent.
The governing body also reported a decrease in expenses by $104.3 million over the prior year and recorded a surplus of $46.3 million. A positive cash flow of $31.8 million was generated from operating activities and $38.5 million was dedicated to investment activities for 2019.