3) Office of the
. Auditor-General of PakistanSpecial Sector Audit Wing
Constitution Avenue
Islamabad
No.SSAW/FAP/Federal/F- 10 Vol( 1)/1 // Dated: 0&-03-2017
To,1. The Secretary
Economic Affairs Division, Government of PakistanPak Secretariat Block-CIslamabad
2. The Country Director,
World Bank, Resident Mission20A, Shahrah-e-Jamhuriat
G-5/1. Islamabad
Subject:- FOREIGN AIDED PROJECTS (FAPs) AUDIT REPORTS
Financial Attest Audit of the following FAP Audi( Report has been conducted by thisoffice:
S.No Name of Projects Loan No/Agreement No Executing AgencyDisaster & Climate Resilience Credit No.5686- PAK Govt of PunjabImprovement Project Irrigation Deptt
2. Financial Attest Audit Report of the above project together with the management letter(ML) is hereby issued simultaneously to the Government (EAD) and to the World Bank ResidentMission Islamabad through EAD.
3. The Director General Audit concerned is also being requested to issue a copy of the above
mentioned FAP Audit Report to the concerned Project Manager as well
Enclosure: As above
Muhammad Tahir KamalDeputy Auditor General
Cc:i. Director General Audit Works (Provincial) Lahore with the request to issue a copy of
the above reportp to the project management for their further necessary action.ii. SPS to DAG FAO
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FINANCIAL ATTEST AUDIT REPORT
ON THE ACCOUNTS OF
DISASTER AND CLIMATE RESILIENCEIMPROVEMENT PROJECT
(IRRIGATION COMPONENT)
IRRIGATION DEPARTMENTGOVERNMENT OF THE PUNJAB
INTERNATIONAL DEVELOPMENT ASSOCIATION(CREDIT NO. 5686-PK)
FOR THE FINANCIAL YEAR 2015-16
AUDITOR GENERAL OF PAKISTAN
FINANCIAL ATTEST AUDIT REPORT
ON THE ACCOUNTS OF
DISASTER AND CLIMATE RESILIENCEIMPROVEMENT PROJECT
(IRRIGATION COMPONENT)
IRRIGATION DEPARTMENTGOVERNMENT OF THE PUNJAB
INTERNATIONAL DEVELOPMENT ASSOCIATION(CREDIT NO. 5686-PK)
FOR THE FINANCIAL YEAR 2015-16
AUDITOR GENERAL OF PAKISTAN
TABLE OF CONTENTS
Page No
Abbreviations and Acronyms 1PREFACE 2
PART-I 3
PROJECT OVERVIEW 4AUDITOR'S REPORT TO THE MANAGEMENT 5(AUDIT OPINION)FINANCIAL STATEMENTS 6
PART-II 22
MANAGEMENT LETTER 23
EXECUTIVE SUMMARY 24
1. Introduction 252. Audit Objectives 263. Audit Scope and Methodology 264. Audit Findings and Recommendations 26
4.1 Organization and Management 264.2 Financial Management 274.3 Procurement and Contract Management 284.4 Construction and Works 284.5 Asset Management 284.6 Monitoring and Evaluation 294.7 Compliance with Grant/ Loan Covenants 294.8 Sustainability 294.9 Overall Assessment 29
5. Conclusion 30
ACKNOWLEDGEMENT 31
ABBREVIATIONS & ACRONYMS
ADB Asian Development Bank
DCRIP Disaster and Climate Resilience Improvement Project
EAD Economic Affairs Division
ECNEC Executive Committee of National Economic Council
FFC Federal Flood Commission
IDA International Development Association
IRI Irrigation Research Institute
ISSAI International Standard of Supreme Audit Institutions
IPSAS International Public Sector Accounting Standards
MTDF Medium Term Development Framework
NDMA National Disaster Management Authority
PAO Principal Accounting Officer
PC-I Proforma Commission-I
PDMA Provincial Disaster Management Authority
PWI Project Implementation Unit
* SDAC Special Departmental Accounts Committee
SDR Special Drawing Rights
WB World Bank
1
PREFACE
The Auditor General of Pakistan conducts audit subject to Articles 169 and 170 of theConstitution of the Islamic Republic of Pakistan 1973 read with section 7 of the AuditorGeneral's (Functions, Powers, Terms and Conditions of Service) Ordinance, 2001. The financial
attest of the accounts of "Disaster and Climate Resilience Improvement Project (Irrigation
Component) IDA Credit No.5686-PK" for the financial year 2015-16 was carried outaccordingly.
The Directorate General Audit Works (Provincial), Lahore conducted audit of the Project"Disaster and Climate Resilience Improvement Project (Irrigation Component)" for the financialyear 2015-16 in January 2017 with a view to expressing opinion on financial statements and
reporting significant findings to the management. Audit examined the economy, efficiency, and
effectiveness aspects of the Project. In addition, Audit also assessed, on test check basis, whetherthe management complied with applicable laws, rules, and regulations in managing the Project.
The Audit Report indicates specific actions that, if taken, will help the management to realize the
objectives of the Project.
The Report consists of two parts. Part-] contains Auditor's Report (Audit Opinion) and Financial
Statements. Part-Il consists of Management Letter, Executive Summary, and Audit Findings.
The Report has been prepared for submission to the World Bank in terms of the Financing
Agreement of the Project.
Dated:o1 .03.2017 (Ij Mansoor Malik) "s.7
Place: Lahore D CTOR GENERALAUDIT WORKS (PROVINCIAL)
LAHORE.
2
PART-I
1. PROJECT OVERVIEW
2. AUDITOR'S REPORT TO THE MANAGEMENT (AUDIT OPINION)
3. FINANCIAL STATEMENTS
3
PROJECT OVERVIEW
Name of the Project Disaster & Climate Resilience Improvement Project
Sponsoring Authority World Bank (WB) (IDA)
Executing Authorities Irrigation Department, Government of the Punjab
through Project Implementation Unit (PIU), Disaster
& Climate Resilience Improvement Project.
Loan No. IDA Credit No. 5686-PK
Umbrella PC-I Cost Rs 10,240.000 million
PC-I Cost (Irrigation Component) Rs 9,151.000 million
Date of Approval by ECNEC 9h July 2015
Date of Commencement July, 2015
Date of Completion July, 2019
Loan closing date 1" December, 2019
Loan Utilization status in 2015-16:IDA Share (100 %) Rs 5.222 million
Progressive expenditure upto June, 2016 Rs 5.222 million
4
AUDITOR'S REPORT TO THE MANAGEMENT (AUDIT OPINION)
The Directorate General Audit Works (Provincial) Lahore audited the accompanying financialstatements for the financial year 3 0t June, 2016 pertaining to "Disaster and Climate ResilienceImprovement Project (Irrigation Component) IDA Credit No.5686-PK" that comprises Receiptsand Payments, Statement of Comparison of Budget and Actual amounts together with the notesforming part thereof.
It is the responsibility of the project management to establish and maintain a system of internalcontrols, and prepare and present the Statement of Receipts and Payments in conformity with therequirements of Cash Basis IPSAS and Financial Reporting under the Cash Basis of AccountingStandards.
The responsibility of auditor is to express an opinion on the financial statements based on the
audit conducted. Audit was conducted in accordance with the International Standards of
Supreme Audit Institutions (ISSAI). These standards require to plan and perform the audit to
obtain reasonable assurance that the financial statements are free of material misstatements. The
audit process includes examining, on a test check basis, evidence supporting the amounts and
disclosures in the financial statements. It also includes assessing the accounting principles used
and significant estimates made by the management as well as evaluating the overall statement
presentation. We believe that our audit provides a reasonable basis for our opinion.
In our opinion;
a) The financial statements present fairly, in all material respects, the cash receipts and
payments by the project for the year ended 30th June, 2016 in accordance with Cash
Basis IPSAS and Financial Reporting under the Cash Basis of Accounting Standards.
b) The expenditure has been incurred in accordance with the requirements of legal
agreement.
Dated. oI .03.2017 (Ij ansoor Malik)
Place: Lahore DI CTOR GENERALAUDIT ORKS (PROVINCIAL)
LAHORE
5
FINANCIAL STATEMENTS
DISASTER AND CLIMATE RESILIENCE IMPROVEMENT PROJECT(IRRIGATION COMPONENT) IDA CREDIT NO.5686-PKFOR THE FINANCIAL YEAR ENDED 30TH JUNE, 2016
Page No.
Statement of Receipts and Payments 07
Statement of Comparison of Budget and Actual Amounts 08
Notes to the Financial Statements .09
6
IDA Credit No. 5686-PK Project Implementation Unit (PIU)
DISASTER AND CUMATE RESILIENCE IMPROVEMENT PROJECT (DCRIP) Irrigation Department, Lahore
STATEMENT OF RECEIPT AND PAYMENT
(For the Year ended June 30, 2016
Notes 2015-16
Third Party
Receipts / Payments Payments
Controlled by ProjectAmount in Pak Rupee
Receipts
From the IDA Credit 6 1,044,208,987
Capital ReceiptsProceeds from Sale of Fixed Assets
Trading AcivitiesReceipts from Trading Activities
Total Receipts 1,044,208,987 -
Payments
Works 8 -
Vehicles, Equipment & Supplies 9
Consulting Services 10
Project Management Cost 11 5,221,812
interest Charges 14 1--
Total Payments 5,221,812 -
increase / (Decrease) in Cash 5,221,812 -
Cash at the Beginning of the Year 1,044,208,987 -
Cash at the End of the Year 13 1,038,987,175 _
The accompanying notes from an integral part of these financial statements and to be read therewith
PROJECT DIREuTORit OfkerFroject ImplementationlUrlX 0/o the Dircc:cr General
* improvement Project (DORIP) 1UCi D11 e Resilience Improvement Project Page 1 of 12
Punjab IrriCation Decartment FinanciRl Statements for the Period ending June 30, 20
IDA Credit No 5686-PK Project Implementation Unit (PlU)DISASTER AND CLIMATE RESILIENCE IMPROVEMENT PROJECT (DCRIP) Irrigation Department, Lahore
Statement of Comparison of Budget and Actual Amounts(For the Year ended June 30, 2016)
Notes 2015-16
Original Revised Actual AmountBudget Budget
Amount in Pak Rupee
Receipts
From IDA Credit 6 1,000,000,000 1,044,209,000 1,044,208,987
Capital ReceiptsProceeds from sale of Fixed Assets
Trading ActivitiesReceipts from Trading Activities
Total Receipts 1,000,000,000 1,044,209,000 1,044,208,987
Payments
Works 8 870,000,000 904,209,000 -Vehicles, Equipment and Supplies 9 10,000,000 10,000,000Consulting Services 10 100,000,000 110,000,000 -Project Management 11 10,000,000 10,000,000 5,221,812Interest charges 14 10,000,000 10,000,000 -
Total Payments 1,000,000,000 1,044,209,000 5,221,812
The accompanying notes from an integral part of these financial statements and to be read therewith.
A~~ r-r
Notes to the Financal Statements(For the Year ended June 30, 2016)
1. DESCRIPTION OF PROJECT
i. REPORTING ENTITY
The financial statements are for Disaster and Climate Resilience Improvement Project(DCRIP) for component of Irrigation Department. The financial statements encompassthe reporting entity as defined in the financing agreement between the IslamicRepublic of Pakistan and the International Development Association. The financingagreement was signed on 3 0 th July, 2015 for total amount of SDR 88,900,000 out ofwhich Irrigation share is SDR 59,730,000. The financing agreement became effectiveon 14 th September 2015 with the loan closing date 1st December 2019.
ii. PROJECT OBJECTIVE
The main objective of the scheme is Restoration and rehabilitation of flood protectionworks damaged during previous floods, Improvising the modern techniques for bankstabilization, Restricting the flood flows and path of river waterway within riverboundaries, Sustainable and assured passage of flood flows within the highlands /Khadir by minimizing the damages to the irrigated land and other existinginfrastructure in the riverine area. Up-gradation of flood protective embankments byaddressing afflux issues, flood bunds, approach embankments, groynes, spurs, studsetc. for river waterway control, minimize riverbank failures and lateral erosion of theriver banks of the irrigated agriculture lands and later increasing their productivity.Improved mitigation measures will provide an additional sustainable life, andenhancement in socio-economic conditions of the farmer with uplift of general publiceconomies. Structural and non-structural measures will mitigate social andenvironmental aspects with special focus to environmental degradation. Up-gradationof Non-Structural Mitigation Measures i.e. decision support system, development of
. flood risk assessment unit, introducing modernized instrumentation, equipments fordeveloping new flood protective embankments and river training works. Up-scalingIrrigation Research Institute (IRI) through improved physical models and introductionof modern instruments and simulation software. Capacity building and trainingprogrammes for the professional engineers.
PROJECT LOCATION
Site The Project area lies in Irrigation Zones, D.G. Khan,Sargodha, Bahawalpur, Multan and Faisalabad.
Office Irrigation Department, Old Anarkali, Lahore.
iii. PROJECT LIFE
Loan Signing Date 3 0 th July, 2015
Original Loan Closing Date 1st December, 2019
Audit Officer-1l the Director General
AlIffit Warks (Provincial) Lahore
IDA Credit No 5686-PK Project Implementatlon Unit (PIU)DISASTER AND CLIMATE RESILIENCE IMPROVEMENT PROJECT (DCRIP) Irrigation Department, Lahore
Notes to the Accounts(For the period ended June 30, 2016)
iv- RESPONSIBLE AGENCY
The primary responsibility for over all progress and management for irrigation componentof the "Disaster and Climate Resilience Improvement Project (DCRIP)" has beenentrusted to the Project Director, Project Implementation Unit (PIU) Irrigation Department,operative under the Government of the Punjab through Secretary Irrigation Department,Lahore.
The Borrower Representative is the Secretary, Economic Affairs Division, Ministry ofEconomic Affairs and Statistics;-
The Borrower Address is:
The Secretary,
Economic Affairs Division,
Ministry of Finance, Economic Affairs, Revenue,
Statistics and Privatization,
Islamabad, Pakistan.
Facsimile Number:
(92-51)-921-8976
C ~A ,'cer
- ci tt~V .~iu~Genera!A4dtWO~S 7 vrcall Lahcr
IDA Credit No 5686-PK Project Implementation Unit (PIU)DISASTER AND CLIMATE RESILIENCE IMPROVEMENT PROJECT (DCRIP) Irrigation Department, Lahore
Notes to the Financial Statements(For the Year ended June 30, 2016)
2. CERTIFICATION BY PROJECT MANAGEMENT OFFICE.The Project Implementation Unit (PIU) certified that all the funds have been applied/utilized for the purposes intended in the financing agreement between the IslamicRepublic of Pakistan and the International Development Association.
3. ACCOUNTING CONVENTION AND STATEMENT OF COMPLIANCE.The financial statements have been prepared in accordance with Cash basis IPSASfinancing reporting under cash basis of accounting.
The Accounting policies are applied consistently throughout the financial year.4. SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PREPARATION OF
FINANCIAL STATEMENTS.
The following accounting policies have been applied in preparation of the FinancialStatements:
i. REPORTING FRAMEWORK
The Financial Statement has been prepared on cash basis in accordance with theguidelines of the International Public Sector Accounting Standards (IPSAS - Cash BasisPart-1).
ii. CURRENCY OF ACCOUNTSAccounts are maintained in Pak Rupees; however, Memorandum Accounts in US Dollarsare maintained wherever required.
iii. FOREIGN CURRENCY TRANSACTION.Foreign currency transactions are converted at the spot rate prevailing at the date oftransaction.
iv. BUDGET PLAN.The cost as appearing in the approved PC-1 is the total budget plan of expenditure up tothe completion of the project.
v. THE INTERNATIONAL DEVELOPMENT ASSOCIATION.US$ Revolving Fund Account No. 22-221094-0 has been opened with the National Bank ofPakistan for withdrawal of funds under the IDA Credit No. 5686-Pk for Disaster and ClimateResilience Improvement Project (DCRIP), dated 3 0th July, 2015 between Islamic Republic ofPakistan and International Development Association.
uL--dit OfficerO/o the Director General
Audit Works (Provincial) Lahore
IDA Credit No 5686-PK Project Implementation Unit (PIU)DISASTER AND CLIMATE RESILIENCE IMPROVEMENT PROJECT (DCRIP) Irrigation Department Lahore
Notes to the Financial Statements(For the Year ended June 30, 2016)
vi. GOVERNMENT OF PUNJAB (GOPUNJAB) SHARE OF EXPENDITURE.The project is 100% funded by the International Development Association, therefore nofinancing required from the Counterpart Fund.
vii. TAXATION.
The Project is a part of Irrigation Department., Government of the Punjab, Lahore. Sinceno business activities are undertaken and there is no any profit and loss to report, thequestion of taxation on the profit and loss does not arise.
viii. EMPLOYEES TERMINAL BENEFITS.The Employees working in PIU, Flood Emergency Reconstruction and ResilienceProject are hired from market on contract basis. The Employment agreement doesnot stipulate any end of service benefit to them, therefore no provision of any such benefithas been made in the Accounts. Service and terminal benefits of those employeesworking on transfer from Irrigation Department and other departments are paid anddeposited into the treasury on monthly basis.
ix. MISCELLANEOUS
The figures in Financial Statements and in the notes to the Financial Statements arerounded off to nearest rupee and unless otherwise mentioned all figures areexpressed in rupees.
Aud t OfficerO/o the Director General
Audit Works (Provincial) Lahore
IDA Credit No 5686-PK Project Implementation Unit (PIU)DISASTER AND CLIMATE RESILIENCE IMPROVEMENT PROJECT (DCRIP) Irrigation Department, Lahore
Notes to the Financial Statements(For the Year ended June 30, 2016)
5. CREDIT FROM THE INTERNATIONAL DEVELOPMENT ASSOCIATION.i. SALIENT FEATURES OF THE IDA CREDITThe credit has been provided by the International Development Association (IDA) forDisaster and Climate Resilience Improvement Project (DCRIP) implemented underumbrella PC-1. The IDA Credit Agreement bearing No. 5686-Pk, dated 30 th July, 2015was signed between the Government of Islamic Republic of Pakistan and InternationalDevelopment Association (IDA). The salient features of the credit agreement are asunder:-
a. Principal amount of credit is SDR 88, 900,000 convertibles out of which only SDR59,730,000 for Irrigation component.
b. The effective date of credit is 14th September, 2015 and the IDA Credit closingdate was December 01, 2019.
c. The Recipient may withdraw the proceeds of the financing in accordance withschedule iv of schedule 2 of this agreement.
d. The maximum commitment charge rate payable by the recipient on theunwithdrawn financing balance shall be one half of one percent (1/2 of 1%) perannum.
e. The service charge payable by the recipient on the withdrawn credit balance shallbe equal to three-fourth of one percent (3/4 of 1%) per annum.
f. The interest charge payable by the recipient on the withdrawn credit balance shallbe equal to one and quarter percent (1.25%) per annum.
g. The payment dates are 1st September and 1st March in each year.h. The principal amount of the credit shall be repaid in accordance with the
repayment schedule set forth in schedule 3 of this agreement and the paymentcurrency is the Dollar.
ii. UTILIZATION OF THE IDA CREDITThe proceeds of the withdrawal of financing have been utilized in the manner asstipulated in the approved PC-1 and IDA Credit Agreement between the Islamic Republicof Pakistan and the International Development Association.
6. RECEIPTS FROM IDA CREDIT FUNDS (WITHDRAWALS)The detail of funds received from IDA Credit No. 5686-Pk is as under;
Description 2015-16Amount in US $ Pak Rupees
Funds Received in US Dollar Revolving Fund Account 9971,000.00 1,044,208,987No. 22-221094-0Third Party PaymentsDeduction at Source
Total Receipt 9 i 9,971,000.00 1,044,208,987
IDA Credit No 5686-PK Project Implementation Unit (PIU)DISASTER AND CLIMATE RESILIENCE IMPROVEMENT PROJECT (DCRIP) Irrigation Department, Lahore
Notes to the Financial Statements(For the Year ended June 30, 2016)
i. FUNDS RECEIVED IN US $ REVOLVING FUND ACCOUNT NO. 22-221094-0This represents the funds received in US$ Revolving Fund Account No. 22-221094-0during the period is as under: -
2015-16Sr. Withdrawal Date A0on-nU
Application No. Amount in US$ Pak Rupees$
1 W/A No. 001 9-Feb-2016 9,971,000.00 1,044,208,987
Total Receipts 9,971,000.00 1,044,208,987
ii. THIRD PARTY PAYMENT THROUGH DIRECT WITHDRAWAL APPLICATIONS.During the reporting period, there is no direct payment and nothing to report in this formof withdrawal.
iii. Deducted at Source
In accordance with the provisions of the IDA Credit Agreement, the InternationalDevelopment Association will deduct at source the interest / commitment charge and otherservice charges. There is no instance of non-compliance with the terms and conditions of thecredit agreement between the international Development Association and Government ofPakistan which may result in cancellation of the financing agreement. The detail of chargesdeducted source is not available for Irrigation component.
7. FINANCING CREDIT CLOSING BALANCE.
This represents the IDA Credit No. 5686-PK balance available for use of Irrigationcomponent only for Disaster and Climate and Resilience Improvement Project as on June30, 2016.
2015-16Amount in US$
Closing Balance 49,759,000.0049,759,000.00
8. WORKS
During the reporting period, no funds utilized for works so nothing to report for thereporting period.
9. VEHICLE EQUIPMENT AND SUPPLIES.
During the reporting period, no funds utilized for Vehicles and Equipment so nothing toreport for the reporting period.
Audit Officer*0/0 the Director GeneralR E7D'R;:CrcR
A,mkAit Works (provincial) Lahore "RQ -E -- -c -F-
IDA Credit No 5686-PK Project Implementation Unit (PIU)DISASTER AND CLIMATE RESILIENCE IMPROVEMENT PROJECT (DCRIP) Irrigation Department, Lahore
Notes to the Financial Statements(For the period ended June 30, 2016)
10. CONSULTING SERVICES
During the reporting period, no funds utilized for Consultancy services so nothing toreport for the reporting period.
11- PROJECT MANAGEMENT COST
The detail of expenditures made under this category during the year 2015-16 is as under:
Rupees2015-16
Remuneration and Salaries 5,173,857General Operating Expenses 47,955
5,221,812
(i) Remuneration and SalariesSalaries - Officers 2,400,913Salaries - Staff 2,772,944
5,173,857
(ii) General Operating ExpensesUtilitiesAdvertisement and Publicity 47,955Office MaintenancePOL, Repair and MaintenanceStationeryTravellingOther Expenses
47,955
12- UNREALIZED EXCHANGE GAINI (LOSS)
This represents the notional gain/ (loss) on the US Dollar amounts shown in the bankstatement. The resultant gain / (loss) do not accrue to the project financial statements andwill be settled at th time otc9 mpletion of the project. The unspent balance, if any, would berefunded to the e lenfhe'eUWof the project.
2015-16Amount in Pak Rupees
Balance as per Cash Book at the end of Year 2015-16 1,039,009,182Balance before Conversion at the end of Year 2015-16 1,039,009,182Balance after Conversion at the end of Year 2015-16 1,039,009,182
Exchange (Loss)/Gain
) - Z Officer
IDA Credit No 5686-PK Project Implementation Unit (PIU)DISASTER AND CLIMATE RESILIENCE IMPROVEMENT PROJECT (DCRIP) Irrigation Department, Lahore
Notes to the Financial Statements(For the period ended June 30, 2016)
13- CASH IN HAND AND BANK
2015-16Amount in Pak Rupees
Cash in Hand as on June 30, 2016Cash at Bank as on June 30, 2016 1,039,009,182
Balance as on June 30, 2016 1,039,009,182
14- INTERST, COMMITMENT AND SERVUCE CHARGES.In accordance with IDA Credit Agreement with the World Bank the Borrower shall payinterest, commitment charge service charges as provided in the financing agreement. Thepayment dates are 1st September and 1st March in each financial Year. The detail ofcharges deducted at source for Irrigation component is not provided as the said chargescannot be separated for this component only.
15-AUTHORIZATION FOR ISSUEThese financial statements have been authorized for issue by the Project Director on 30thJune, 2016.
16-GENERAL
The figures have been rounded off to the nearest rupee.
Comparative figures have not been reported as the project is started during the currentfinancial year.
P~oksP 'm:::c / 'isrc7)c T !Q P
:ADA Credit No 5686-PK Project Implementation Unit (PiU)DISASTER AND CLIMATE RESILIENCE IMPROVEMENT PROJECT (DCRIP) Irrigation Department, Lahore
Bank Reconcilation
US Dollar Dollar Revolving Fund Account No.22-221094-0
F or the Year ending 30-06-2016
Account No. US $ Account No. 22-221094-0
Depository Bank National Bank of Pakistan
Address Main Branch Lahore.
Related Loan/Credit IDA Credit No. 5686-PAK
Description Pak Rupees US Dollars
Opening Balance as on 01-07-2015
Add:
Withdrawal Application No.01 1,044,208,987 9,971,000.00
Total Balance available for usage 1,044,208,987 9,971,000.00
Less Payments made
in July 2015In Aug 2015 -
In Sep 2015 -
In Oct 2015 -
In Nov 2015 -In Dec 2015 -
In Jan 2016 -
In Feb 2016 - -
In Mar 2016 - -
In April 2016 1,471,857 14,054.55
In May 2016 2,515,955 24,024.50
In June 2016 1,234,000 11,783.29
Total Payments made during the year 5,221,812 49,862.34
Les s:Cheque No. 68439284 22,007 210.14
Closing Balance as Per Bank Statement 1,039,009,182 J 9,921,347.80
0- X 2-A
'ADB LOAN NO. 3264-PAK Project Implementation Unit (PIU)FOR FLOOD EMERGENCY RECONSTRUCTION AND RESILIENCE PROJECT Irrigation Department, Lahore
Expenditure Statements(For the period ended June 30, 2016)
Pak Rupees2015-16
Expenditure from ADB Governmentof
Description Notes the Punjab TotalUS$ Revolving Third Party CutmrFund Account Payments und
Fund
Works 8 - - -
Vehicles, Equipment and Supplies 9 - - .Consulting Services 10 - -
Project Management Cost 11 5,221,812 - - 5,221,812Interest charges 14 - - --
Total Payments 5,221,812 - - 5,221,812
7
AuitW0th(Proincia[) Labore
NATIONAL BANK OF PAKISTANFax NO. 042-99250357 MAIN BRANCH LAHORE.
SPECIAL STATEMENT
ACCOUNT*.A. HEAD/PD PROVINCIAL GOVT FROM 01.06.2016 TO 30.06.2016
NAME OFACCOUNT DCRIP(PCI)WB ASSISTED-PIU IRRIGATION DEPARTMENT -HOLDER:
ACCOUNT NO:22-221094.0P1U IRRIGATION SECRETARIAT OLD ANARKALI LAHORE. AC NO.COMPUTER 4115338328
LAHORE. IBAN:PK97NBPA030000220221094.0. A/C OPENING DATE. 28.01.2016WITHDRAWAL SPECIAL ACCOUNT
CHEQUE WORLD BANK OFFICIAL
POSTING OTHER US DOLLARt BALANCE
DATE BUYING
DATE PARTICULARS WORLD BANK U.S.$ PAK RUPEES. CURRENCY T.T. BUYING EQUIVALENT. BALANCE IN U.S.$RATE
30 052016 68439281 1,040,243182.00 1.211,993.00 104.7246 11573.16 9.933.131.09
21-06.2016 68439282 1 1 1.040,221,175,00 22,007.00 104.7246 210.14 9,932,920 95
2806.2016 68439253 1,039.009,18200 1,211,993.00 104.7246 11573.15 9,921,347.80
191
I'I
NATIONAL BANK OF PAKISTANFax NO: 042-99250357 MAIN BRANCH LAHORE
SPECIAL STATEMENTACCOUNT
"A' HEAD/PD PROVINCIAL GOVT FROM 01.05.2016 TO 31.05.2016NAME . OF.ACCOUNT4 0CRIP(PCI)YNB ASSISTED-PJU IRRIGATION,DEPARTMENTHOLDER: ACCOUNT NO:22-221094.0
PIU IRRIGATION SECRETARIAT OLD ANARKALI LAHORE. A/C NO.COMPUTER 4115338328
LAHORE . IBAN:PK97NBPA030000220221094.0. A/C OPENING DATE. 28.01.2016ViTHORAWAL SPECIAL ACCOUNT
CHEQUE WORLD BANK OFFICIALPOSTING OTHER US DOLLARS BALANCE
DATE BUYING
DATE PARTICULARS WDRLD BANK U.S.$ PAK RUPEES. CURRENCY T.T. BUYING EOUIVALIENT. BALANCE IN U.S.$I_ RATE
06.05 2016 68439278 1,041.525.137.00 1,211,993.00 104.7246 11573.15 9,945,372 3118.05 2016 68439279 1 1,041.503.130,00 22,007.00 104.7246 210.14 9,945,162.1727.05.2016 68439280 1 1.041.455.175.00 47,955.00 104.7246 457-92 9,944,704.2530.05.2016 68439281 1 1,040,243.182.00 1,211.993.00 104.7246 11573.16 9.933 131 09
NATIONAL BANK OF PAKISTANFax NO 042-99250357 MAIN BRANCH LAHORE.
SPECIAL STATEMENT
ACCOUNT
"A' HEADIPD PROVINCIAL GOVT FROM 01.04.2016 TO 30.04.2016NAME OFACCOUNT DCRIP(PCI)WB ASSISTED-PIU IRRIGATION DEPARTMENT .HOLDER: I ACCOUNT NO:22-221094.0
PIlJ IRRIGATION SECRETARIAT OLD ANARKALI LAHORE. A/C NO.COMPUTER 4115338328
LAHORE . IBAN:PK97NBPA030000220221094.0. A/C OPENING DATE- 28.01.2016WITHDRAWAL SPECIAL ACCOUNT
CHEQUE WORLD BANK OFFICIALPOSTING OTHER US DOLLARS BALANCE
DATE BUYING
T.T. BUYINGDATE PARTICULARS WORLD BANK U.S.$ PAX RUPEES. CURRENCY T T EQUIVALENT. BALANCE IN U.S.$
________RATE
08.03.2016 NO.PAU/(p)2016-04.03.2016 9.971.000.00 1,044,208.987.00 104,7246 9,971,000.000804 2016 684392761 1,042.763,612.00 1.445,375.00 104,7246 13801.68 9,957,198 33
14 04 2016 68439277 1,042.737,13000 26,482.00 104.7246 252.87 9,956,945 46