--00000000000098298305dfdcdaab Content-Type: multipart/alternative; boundary="00000000000098298005dfdcdaa9" --00000000000098298005dfdcdaa9 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Thanks for the additional background, Ethan. *Hua *- appreciate you getting on the quick call with me. Per our discussion, I've attached an updated file for everyone to refer to. No need to complete any other columns other than Column B(Current Balances) every Thursday. Considering the complexity of CAN operations and its differences from the US, we can opt out of the weekly analysis of AP, Payroll and Collections amounts; however, please provide the total posted monthly inflows and outflows at the end of each month, so that Treasury may still have a general understanding of CAN monthly operations. *Ethan *- let me know if anything additional you'd like to add to this. Thank you again for everyone's support =F0=9F=98=8A Best Regards, Margaret (Maeg) Diokno *Sr. Treasury Analyst* U.S. Mobile: +1 (760) 996-2432 Canada Mobile: +1 (226) 781-4611 San Diego, CA | USA [image: TheKey] *| *TheKey.com *Please note, my email has changed: *margaret.diokno@TheKey.com On Wed, May 25, 2022 at 2:30 PM Timothy Thomas wrote: > Makes sense. Thanks Ethan. > > On Wed, May 25, 2022 at 5:16 PM Ethan Stein > wrote: > >> To give a bit of add'l color on Maeg's request there are two primary >> drivers for this new weekly task: >> 1. Best Practices -- with our current dispersion of banks across North >> America it's difficult to easily see cash balances, which are of course >> very important to the business. >> 2. Debt repayment -- we've acquired a large number of companies in the >> last year and with it, debt. As interest rates are increasing we're mor= e >> sensitive to those rates and resulting interest rate expenses. We're >> pulling in the excess cash to pay down some of that debt and reduce our >> interest expense. >> >> Hope that helps with any head scratching going on, and thank you all for >> your support with this process, it's much appreciated! >> >> Regards, >> Ethan Stein, CFA >> Treasurer >> TheKey.com >> [image: TheKey] >> >> >> On Wed, May 25, 2022 at 1:46 PM Keerthy Mahesh >> wrote: >> >>> Sure Maeg, I can send you weekly cash update on Scotia >>> >>> On Wed, May 25, 2022 at 1:32 PM Maeg Diokno >>> wrote: >>> >>>> All, >>>> >>>> Many thanks for your support and teamwork regarding Treasury's urgent >>>> account balances request last week. >>>> >>>> As we continue to wait for our JPM CAN accounts to be open and >>>> active(should be finalized within the next 2-3 weeks) and for CAN >>>> operations to be fully integrated into this bank, Treasury needs to >>>> maintain weekly visibility/awareness of all account balances and >>>> operations. >>>> >>>> Could we kindly task your teams to complete Columns B, G, and H of the >>>> attached file, on a weekly basis? If there are multiple accounts under= a >>>> location, you may provide the total of