Friday, July 18, 2008

Accountability update

A very brief update to my "Accountability" post.

I've just been going over GSM's financial statements for the year ending 31st December 2006, the latest filed as yet. Note 11 (Commitments under operating leases) states:
The company is committed to the payment of rent to Greenwich Hospital at £200,000 per annum plus a turnover based supplement dependent on certain performance criteria. The rent commitment ceases in March 2012.
Just thought you'd find it interesting.

1 comment:

Anonymous said...

So Greenwich Hospital do very nicely out of all of us. As do GSM. So give us some proper advertising for gods sake!!!!!!!!!