AUDIT REPORT Project Name: Beijing Distributed Solar Photovottaic Scale-Up Project by the World Bank S: 8235-CN Loan No.: 8235-CN Project Entity: Beijing Yuanshen Energy-saving Technology Co.Ltd 2018 Accounting Year: 2018 BEIJING MUNICIPAL AUDIT OFFICE OF THE PEOPLE [S REPUBLIC OF CHINA 中华人民共和国北京市审计局 Beijing Municipal Audit Omce of the People&5 Republic of China 审计报告 Au撇t又ep ort 京审十五局报〔20 19〕3号 BElj1NG AIJDIT REPORT〔2019〕NO.3 项目名称：世界银行贷款北京太阳能光伏发电规模化项目 Project Na]lle:Beijing Distributed Solar Photovottaic Scale一Up Project by the W6rid Ballk 贷款号：8235一CN LO叭No.:8235一CN 项目执行单位：北京源深节能技术有限责任公司 Proj ect Entity:Beijing Yuanshen Energy一saving Technofogy CO.Ltd 会计年度：2018 AccoJLlnting Year:2018 目录 Contents 一、审计师意见．……，......．……，．……，．……，.,，二，．……，．…，二，二，…，....．……，,，二，二，二1 1 .Auditor&5 OPinion .............................................................................．……3 二、财务报表及财务报表附注，…，…，,.．…，．…，二，,.,..............................．……5 11 .Financial Statemeflts and Notes to the Financial Statemellts ........．……5 （一）资金平衡表．....................．……，,.........．……，.,,.....................．……5 i,Balance Sheet.,.,.,,,,.,.，二，.,.,..............．……，....................................．……5 （二）项目进度表．.......................．……，.......................................．……7 11.Summary of Sources and Uses ofFunds by Project Component.．…7 （三）贷款协定执行情况表．......................................................．……9 111,Statement oflmplementation ofLoanAgreement，二，.,.，二，…，....．……9 （四）专用账户报表．..............................．……‘..........................．……10 iv.Special Accouni Statement ...............．……，.．…，．……，．……，.....．……，二10 （五）财务报表附注．......................．……，二，,.......................．……，.,，…12 v.NotestotheFinancialstatementS............................................．……18 三、审计发现的问题及建议，二，…，…，.,，二，，…，.，…，..............................．……25 111 .Atldit Findings and Reeommendations ........．……，...........．……，..．……，二27 一、审计师意见 审计师意见 北京源深节能技术有限责任公司： 我们审计了世界银行贷款北京市节能减排示范项目2018年12月 31日的资金平衡表及截至该日同年度的项目进度表、贷款协定执行情 况表和专用账户报表等特定目的财务报表及财务报表附注（第5页至 第24页）。 （一）项目执行单位及北京市财政局对财务报表的责任 簖制上述财务报表中的资金平衡表、项目进度表、贷款协定执行 情况表是你单位的责任，簖制专用账户报表是北京市财政局的责任， 这种责任包括： 1．按照中国的会计准则、会计制度和本项目贷款协定的要求编 制项目财务报表，并使其实现公允反映； 2．设计、执行和维护必要的内部控制，以使项目财务报表不存 在由于舞弊或错误而导致的重大错报。 （二）审计责任 我们的责任是在执行审计工作的基础上对财务报表发表审计意 见。我们按照中国国家审计准则和国际审计准则的规定执行了审计工 作，上述准则要求我们遵守审计职业要求，计划和执行审计工作以对 项目财务报表是否不存在重大错报获取合理保证。 为获取有关财务报表金额和披露信息的有关证据，我们实施了必 要的审计程序。我们运用职业判断选择审计程序，这些程序包括对由 于舞弊或错误导致的财务报表重大错报风险的评估。在进行风险评估 时，为了设计恰当的审计程序，我们考虑了与财务报表相关的内部控 制，但目的并非对内部控制的有效性发表意见。审计工作还包括评价 所选用会计政策的恰当性和作出会计估计的合理性，以及评价财务报 表的总体列报。 l 我们相信，我们获取的审计证据是适当的、充分的，为发表审计 意见提供了基础。 （三）审计意见 我们认为，第一段所列财务报表在所有重大方面按照中国的会计 准则、会计制度和本项目贷款协定的要求编制，公允反映了世界银行 贷款北京太阳能光伏发电规模化项目2018年12月31日的财务状况 及截至该日同年度的财务收支、项目执行和专用账户收支情况。 （四）其他事项 我们还审查了本期内报送给世界银行的第36号至41号提款申请 书及所附资料。我们认为，这些资料均符合贷款协议的要求，可以作 为申请提款的依据。 本审计师意见之后，共同构成审计报告办还巍了项内容：财务报 表及财务报表附注和审计发现的问题及建双。、，气 中华人J几共和国北京束浦升局 二0一九二年六，月二十凶日 地址：中国北京市丰台区菜户营甲2号 邮政簖码：100054 电话：86一010一63358374 传真：86一010一63358374 2 1. Auditor's Opinion Auditor's Opinion To Beijing Yuanshen Energy-saving Technology Co.Ltd We have audited the special purpose financial statements (from page 5 to page 24) of Beijing Distributed Solar Photovottaic Scale-Up Project Financed by the World Bank, which comprise the Balance Sheet as of December 31, 2018P the Summary of Sources and Uses of Funds by Project Component, the Statement of Implementation of Loan Agreement and the Special Account Statement for the year then ended, and Notes to the Financial Statements. Project Entity and Beijing Municipal Finance Department's Responsibility for the Financial Statements The preparation of the Balance Sheet, the Summary of Sources and Uses of Funds by Project Component and the Statement of Implementation of Loan Agreement is the responsibility of your entity, while the preparation of the Special Account Statement is the responsibility of Beijing Municipal Finance Department, which includes: i. Preparing and fair presenting the accompanying financial statements in accordance with Chinese accounting standards and system, and the requirements of the project loan agreement; ii. Designing, implementing and maintaining necessary internal control to ensure that the financial statements are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with the Goverm-nent Auditing Standards of the People's Republic of China and International Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers 3 internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is appropriate and sufficient to provide a basis for our audit opinion. Opinion In our opinion, the financial statements identified in the first paragraph present fairly, in all material respects, financial position of Beijing Distributed Solar Photovottaic Scale-Up Project Financed by the World Bank as of December 31, 2018, its financial receipts and disbursements, the project implementation and the receipts and disbursements of the special account for the year then ended in accordance with Chinese accounting standards and system, and the requirements of the project loan agreement. Other Matter(s) We also examined the withdrawal application No.36 to No.41 and the attached documents submitted to the World Bank during the period. In our opinion, those documents comply with the project loan agreement and can serve as basis for loan withdrawal. The audit report consists of the Auditor's Opinion and two more parts hereinafter: Financial Statements and Notes to the Financial Statements, Audit Findings and Recommendations. Beijing Municipal Audit Office of the People's Republic of China June 24th, 2019 Address: No.2A, Caihuying, Fengtai District, Beijing, China Postcode: 100054 Tel.: 86-010-63358374 Fax: 86-010-63358374 The English translation is for the convenience of report users; Please take the Chinese audit report as the only official version. 4 二、财务报表及财务报表附注 H .Financia廷Statements and Notes to the Financial Statements （一）资金平衡表 1.Balance Sheet 资金平衡表 BALANCE SHEET 20 18年12月31日 (As OfDecember31,2018) 项目名称：世界银行贷款北京太阳能光伏发电规模化项目 Project Name:BeijingDistributedSo1arPhotovottaicScale一UPProjeCt饰thew改ldBank 簖报单位：北京源深节能技术有限责任公司 北京市财政局货币单位：人民币元 Prepared妙：Beijing Yuanshen Energy一saving介chnology Co.Ltd 苹 后续（TObecontinuod) 5 I A 1 W114 H Uh 16 1,507,261,27 1,968,990.55: Construction Expenditures 43 Total Prepaid and Receivable to be Offset lncluding: World Bank Loan 17 Total Payable 44 27,376,403.61 23,478,360.42 Interest Reccivable TA I& V rik fl q ) Q A- I ILI IT 1V0, '] .2, Account Receivable is 463,497.49 656,327.11 Including: World Bank 45 Loan Interest Payable rA 411 fit. UtT A', /A K R 14 M Ix V Prepayments 19 1,043,763.78 1,312,663.24 World Bank Loan 46 Commitment Fee Rayable _ 20 Al 47 Marketable Securities Other Payables V41 2 i F 21 0.00 0.00 48 Total Fixed Assets Appropriation ofFund MIA,, iM 22 W, 49 -22,134,856,40 -27,002,939.27 Fixed Assets, Cost Retained Earnings *%ffff1FI Less: Accumulated 23 Depreciation IR 2 - *1A 24 0.00 0.00 Fixed Assets, Nei 25 Fixed Assets Pending Disposal 44 h 9 1 M)T- i i E f " 4A 26 Fixed Assets Losses in Suspense T 27 568,573,301,33 315,651,224.48 51 568,573,301.33 315,651,224.48 Total Applicadon ofFund Total Sources ofFund （二）项目进度表 i菠．Summary 0fS0urcesandUsesofFundsbyProjectC0mp0nent 项目进度表（一） SUMMARY OF SOURCES AND USES OF FUNDS BY PROJECT COMPONENTI 本期截至2018年12月31日 (For the period ended December 31,2018) 项目名称：世界银行贷款北京太阳能光伏发电规模化项目 ProjectName:BeijingDistrib以edsolarPhofovottaicscale一UpProjectbythe认IOrldBank 簖报单位：北京源深节能技术有限责任公司 北京市财政局货币单位：人民币元 Prepared by:Beijingyu朋shen Energ）一saving Technology Co.Ltd Currencyunit:R劲BYuan 七 7 :,,-,,-―愷 』 о�о `б� й °о й О Р О О О О Т Й ��6 n а± со �Р м а+ kL3 � � р О О W Т 7l �" � � � N О� О � !� q � � � � � �� � -� � � W � д �� � � � � �3 -"` п Q n О l� � � � -'� (�1 О N О lV � � !� � О О О О О -'G�f1L V Ё О N О N г3+ О Й О � � 'Г`'г U t�'р Q