SPECIAL PURPOSE FINACIAL
STATEMENTS
of Interstate Statistical Committee of the Commonwealth of
Independent States
<<Development of Labor Statistics in the CIS region» project
(Grant NP TF 016781)
with independent auditor's report


"Nexia Pacioli" LLC
Independent Auditor's Report on special purpose financial statements of CIS Statcommittee <<Development of Labor Statistics in the
CIS region> project (Grant NQ TF 016781) for the period from January 01, 2016 to December 31, 2018
To: Chairman
of Interstate Statistical Committee of the Commonwealth of Independent States,
International Bank for Reconstruction and Development
We have audited the accompanying special purpose financial statements of CIS Statcommittee
("Company") of the project "Development of Labor Statistics in the CIS region" (Grant
No. TF 016781), which comprise:
* Summary of Sources and Uses of Funds from January 01, 2016 to December 31, 2018;
*  Explanatory Notes to the special purpose financial statements from January 01, 2016 to
December 31, 2018.
In our opinion, the special purpose financial statements of CIS Statcommittee for the period
from January 01, 2016 to December 31, 2018 are prepared, in all material respects, in
accordance with generally accepted accounting principles and practices, as well as requirements
for financial statements set in Section 2.06 of the Standard Conditions for Grants Made by the
World Bank Out of Various Funds dated February 15, 2012.
We conducted our audit in accordance with International Standards on Auditing (ISAs). Our
responsibilities under those standards are further described in the Auditor's Responsibilities for
the Audit of the special purpose Financial Statements section of our report. We are independent
of the Company in accordance with the ethical requirements that are relevant to our audit of
the financial statements in the Russian Federation, and we have fulfilled our other
responsibilities in accordance with these requirements and the IESBA Code. We believe that the
audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Without qualifying our opinion, we draw attention that the special purpose financial statements
are prepared in accordance with the requirements of the International Bank for Reconstruction
and Development. As a result, the special purpose financial statements may not be suitable for
another purposes.
Our report is intended solely for CIS Statcommittee and International Bank for Reconstruction
and Development and should not be distributed to or used by other parties.
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"Nexia Pacioli" LLC
Independent Auditor's Report on special purpose financial statements of CIS Statcommittee <<Development of Labor Statistics in the
CIS region» project (Grant NP TF 016781) for the period from January 01, 2016 to December 31, 2018
Management is responsible for the preparation of the special purpose financial statements in
accordance with the requirements of the International Bank for Reconstruction and
Development and for such internal control as management determines is necessary to enable
the preparation of special purpose financial statements that are free from material
misstatement, whether due to fraud or error.
Those charged with governance are responsible for overseeing the Company's financial
reporting process.
Our objectives are to obtain reasonable assurance about whether the special purpose financial
statements as a whole are free from material misstatement, whether due to fraud or error, and
to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of
assurance, but is not a guarantee that an audit conducted in accordance with ISAs will always
detect a material misstatement when it exists. Misstatements can arise from fraud or error and
are considered material if, individually or in the aggregate, they could reasonably be expected
to influence the economic decisions of users taken on the basis of these special purpose
financial statements.
As part of an audit in accordance with ISAs, we exercise professional judgment and maintain
professional skepticism throughout the audit. We also:
*  Identify and assess the risks of material misstatement of the financial statements,
whether due to fraud or error, design and perform audit procedures responsive to those
risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for
our opinion. The risk of not detecting a material misstatement resulting from fraud is
higher than for one resulting from error, as fraud may involve collusion, forgery,
intentional omissions, misrepresentations, or the override of internal control.
*  Obtain an understanding of internal control relevant to the audit 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 Company's internal control
*  Evaluate the appropriateness of accounting policies used and the reasonableness of
accounting estimates and related disclosures made by management.
*  Conclude on the appropriateness of management's use of the going concern basis of
accounting and, based on the audit evidence obtained, whether a material uncertainty
exists related to events or conditions that may cast significant doubt on the Company's
ability to continue as a going concern. If we conclude that a material uncertainty exists,
we are required to draw attention in our auditor's report to the related disclosures in the
financial statements or, if such disclosures are inadequate, to modify our opinion. Our
conclusions are based on the audit evidence obtained up to the date of our auditor's
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"Nexia Pacioli" LLC
Independent Auditor's Report on special purpose financial statements of CIS Statcommittee <Development of Labor Statistics in the
CIS region> project (Grant N9 TF 016781) for the period from January 01, 2016 to December 31, 2018
report. However, future events or conditions may cause the Company to cease to
continue as a going concern.
We communicate with those charged with governance regarding, among other matters, the
planned scope and timing of the audit and significant audit findings, including any significant
deficiencies in internal control that we identify during our audit.
Director of audit Department
"Nexia Pacioli" LLC                                                           Olga Komissarova
State Registration Number 1027739428716
bid 2, Malaya Polyanka street, Moscow, 119180,
Russia
A member of Self-regulated organization of auditors
Association "Sodruzhestvo"
Main registration number 11606052374
April 24, 2019
Stamp
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<Development of Labor Statistics in the CIS region project (Grant N9TF TF 016781)
Financial statements for the period from January 01, 2016 to December 31, 2018
(in USD unless otherwise stated)
SUMMARY OF SOURSES AND USES OF FUNDS
For the period    For the period    For the period    For the period
from              from              from          from January
January 01, 2016  January 01, 2017  January 01, 2018     01, 2016 to
to December 31,   to December 31,   to December 31,    December 31,
2016              2017              2018              2018
(cumulative)
Opening Balance
Special Account balance in
US dollars                        90 473            24 226              5 526
Special Account balance in
roubles                               19                 3                 6
Total Opening Balance            90 492            24 229              5 532
SOURSES OF FUNDS
IBRD financing                                      125772            100312           226084
TOTA FUNS                 -125 772                       100 312         226 084
TOTAL FUNDS
AVIALABLE                              -          125772             100312           226084
USES OF FUNDS
Consulting services                    .                 -                 -           146 523
Trainings and workshops            12918            64800              61 100          138 818
Operating costs                    9 394             2 685              4 215          16 294
Sub-Grants                           456             2610               3168            6234
TOTAL USES OF FUNDS              22 768            70 095             68 483         307 869
Closing Balance
Special Account balance in
US dollars                        24 226             5 526              8 652               -
Special Account balance in
roubles                                3                 6                55
Total closing balance            24 229              5 532             8707
Chairman                                                    Vladimir L. Sokolin
April 19, 2019
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<<Development of Labor Statistics in the CIS region> project (Grant NQTF TF 016781)
Financial statements for the period from January 01, 2016 to December 31, 2018
(in USD unless otherwise stated)
EXPLANATORY NOTES TO THE SPECIAL-PURPOSE FINANCIAL STATEMENTS
1. Background
According to the Grant Agreement No. TF 01678 of April 15, 2014 and Additional Agreement
dated March 28, 2017, between the International Bank for Reconstruction and Development
(IBRD) and the Interstate Statistical Committee of the CIS for the execution of << Development
of Labor Statistics in the CIS region> project (Grant N2TF 01678) (the Project), the Interstate
Statistical Committee of the CIS is charged with the authority to administer the Grant funds
provided in the amount of 560 000 USD. The Project closing date is December 31, 2018. Under
the Grant agreement, the Project grace period is 4 months after the Project closing date. All
funds of the Grant in the amount of 560 000 USD must be paid by April 30, 2019.
Interstate Statistical Committee of the Commonwealth of Independent States is a legal entity
established in the form of inter-state entity, pursuant to the Regulation issued and affirmed by
Board of Heads of Government of the Commonwealth dated April 12, 1996. It was included into
the Uniform State Register of Legal Entities dated November 13, 2002, under basic state
registration number 1027700427534.
The objective of the Project is to provide support to the CIS Countries national statistical offices
for capacity strengthening in their collection of regular labor statistical data on the basis of
uniformed methodology and to enhance knowledge exchange at national and international
levels and to upgrade CIS and ILO statistical databases on labor.
The Project consists of the following parts:
* Provision of services to develop labor statistics and methodologies to meet international
standards;
* Provision of services for data generation and introduction of international standards;
* Organization of stakeholder discussions and workshops to enhance knowledge and skills
of statistical staff of the CIS Countries and disseminate new methodologies;
* Provision of sub-grants in order to enable participation of statisticians from the CIS
Countries national statistical offices and other related agencies.
Category in accordance with the       Allocated Amount of          IBRD Financing
procurement plan                             Grant (USD)
(1) Consulting services, trainings                542 800                 100%
and workshops, audit fees,
operating costs
(2) Sub-grants                                     17 200                 100%
TOTAL: 560 000
2. Accounting policies
The special-purpose financial statement is prepared under the Cash Basis of Accounting in the
accordance with International Bank for Reconstruction and Development Guidelines.
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<<Development of Labor Statistics in the CIS region» project (Grant N2TF TF 016781)
Financial statements for the period from January 01, 2016 to December 31, 2018
(in USD unless otherwise stated)
This special-purpose financial statement is prepared in the United States dollars (USD) unless
otherwise stated. All transactions are translated into USD at the Central Bank of Russian
Federation exchange rate prevailing at the transaction date.
3. Summary of Sources and Uses of Funds
Financing from the IBRD Grant proceeds represents the amount of the original deposit
transferred from the Grant Account to the Special Account in USD, funds received on the basis
of Summary of Expenditures (SOE) presented to the IBRD in the reporting period.
4. Statement of Expenditures (SOE)
SOEs are required to confirm eligible use of funds for the Project purposes under the Grant
Agreement. They are submitted to the IBRD together with applications for withdrawal of the
Project funds.
Information about expenditures documented by SOEs is in the table below:
Category / Amount, in US dollars
Trainings
W/D      Type of    Consulting           and   Operating        Sub-
N2    statement      services    workshops         costs    Grants     Total
43 495         12 918       9 396        456      66 265
4     SOE
74 602         64 800       2 074      2 992    144 468
5     SOE
28654          61 099       4604       2786       97143
6      SOE
146751         138817       16074        6234     307876
Total
Reconciliation of funds as of December 31, 2018
(1) GRANT AMOUNT RECEIVED, USD                                           560 000
(2) Balance of the Grant Account as of beginning of                             -
reporting period
(3) Expenses accepted and reimbursed by EBRD on the basis               (551 300)
of SOE
(4) Methodological difference in the calculation of balances                    7
(5) Balance of the Grant Account as of December 31,                        8 707
2018
(5) = (1)+(2)+(3)+ (4)
5. Consulting services
Consulting services are the cost of services under the contracts with individual consultants.
Information about consulting services is in table below:
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"<Development of Labor Statistics in the CIS region» project (Grant NQTF TF 016781)
Financial statements for the period from January 01, 2016 to December 31, 2018
(in USD unless otherwise stated)
For the
For the period   For the period   For the period   period from
from             from             from        January 01,
January 01, 201  January 01, 201  January 01, 201    2016 to
Cost                 6 to December    7 to December    8 to December    December
31, 2016         31, 2017         31, 2018       31, 2018
(cumulative)
Procurement
Prcuretants5 926                               11 238            6 543       23 707
consultant services
Interpreter
Intrprter2045                           3625             4536        10205
consultant services
Financial consultant          4 525             7 250           11 475       23 250
services
Methodological
support consultant            31 000           52260             6100        89 360
services
Total consulting             43 495           74 374           28 654      146 523
services
6. Operating costs
Operating costs are expenditures on the Project implementation, management and monitoring
and include mostly expenses for postage and bank charges.
Chairman                                                    Vladimir L. Sokolin
April 19, 2019
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