TILE PROJECT ON TI-LE RECONSTRUCTION OF TREATMENT FACILITIES AND SEWERAGE SYSTEMS IN SAMARKAND AND BUKHARA (IJ)A LOAN N 4633-UjZ) WORLD BANK PROJECT COORDINATION UNIT OF AGENCY "KOMML NkHIZMAT" INDEPENDENT AUDITOR'S REPORT AND SPECIAL PURPOSE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECIEIBER 2016 The Projcct on the Reconstruction of reatment Facilitics and Sciwcragc Sisterns in Bukhara and SaIarkand (IDA loan 4631-Z) World bank project coordination unit of Agency "KOMIlUNEHWIIZAT'" Spccial purpose fancial statcment prepared on cash metho of accounting for thev ear ended 31 December 2016 CONTENTS INDEPENDENT AUDITOR'S REPOPRT 3 SUMMARY OF SOURCES AND USE OF FUNDS 6 USES OF FUNDS BY COMPONENTS AND EXPENDITURE TYPE 7 USES OF FUNDS BY CATEGORIES AND EXPENDITURE TYPE 8 1. PROJECT DESCRIPTION 9 2. REPRESENTATION OF FINANCIAL STATEMENTS 11 3. LEGAL STATUS, TAXES AND CHARGES 12 4 RECONCILIATION OF IDA FINANCING 12 5. DESIGNATED ACCOUNT (USD) RECONCILIATION STATEMENT 13 6. DESIGNATED ACCOUNT (UZS) RECONCILIATION STATEMENT 13 7. LEAD ACCOUNT PCU IN UZS RECONCILIATION STATEMENT 14 GrantThornton A n inst:vxo AO 000 «Grant Thornton» PenybaMKa YSÖeKMCTaH, 100128, TaWKeHT. yn. AGan. 1A Ten +998 (71) 244-47-45/46 Oaxc: +998 (71) 244-47-43 "Grant Thornton" AO LLC 1A, Abay Str, PNC N }Tashkent, 100128, Republic of Uzbekistan To the managenient of Project Coordination Unit TeL: +99 (71)24-47-45146 Fax: +998 (71) 2444743 Modifed op n W: www.gti.org We have audited the attached special 1-nancial statements (hereiiiafter the "tiancial staterents") of the Project "Reconstruction of sewage teatnent facilities and sewerage systems in the cities of Bukhara and Saniarkand" for the vear ended 31 Deember 2016, funded by the laternational Development Associadon (TDA) (Loan Agreement No. 4633- UZ)j and duc to the contributions of the Government of the Republic of 'zbekistan. Ihe inancial stateme Ms incILlde: "Sumniary of sources and use of funds", "Uses of funds by components and expenditure type ", Uses of funds by categories and expenditure type" and Nores to the special financial stateimen ts. The financial statenenits have been prepared by the management of the Project Implementation 1nir (liereinafter - the PI U) on a cash basts, in accordance with Iniernational PLiblic Sector Accounting Standards (hereinafter referred ro as IPSAS) issued by the 1 nteriational Public Sector Accounting Standards Board of the International 1F'ederationa of Accountants. 1in our opinion, due to the mnaiteriality of the circunistances indicated in the part containing the basis for expressing modified opinion, the attached special putpose linancial statements do not reflect reliably iii all material respects the umairy of sources and use of die funds of the ro ijeci "Reconstrtictionl of se,wage treatment plants and sewerage systens iii Bukhara and Samarkand cities" as of 31 December 2016 and for the year ending on that date in accordance with the terns of the Financing \greement and IPSAS. At the samne time, () expenses reimbursed by IDA on ihe basis of starenents of expenditures (SOH) are confirmed by 1roper issued primary documentaton; (b) these expenses correspond to the financing purposes speciied in the Agrecient Basis for modified opinion \We condueted our audit in accordance with International Standards on Auditing (ISA). Our responsibilities in accordance with these standards are described further in the section "Auditor's responsibity- for the audit of tinancial statmrnents" of our opiion. Wc are independeni of the Project in accordance with dhe ethical reguicnIets tpphicable to our audit of financial staeients in the Republic of Lzbekistan, and we have fulfilled other ethical duties in accordance with these requiremients. During the course of the audii, we were not able to obtain sufficient appropriate audit eviderice in relation to: + eontribuuon of he Republic of Uzbekistani, which should be eqtuivalent to 12,96 million US dollars in1 ccordaice with the Resolution of the Presideit of the Republic of Lzbekistan dated October 29, 2009 TI Mebe fGrn Tim r,otl*mal 1 RC inder ihe number of 1PD 1216 or rhe imiplemeiiaion this projec, ineltiding 1 16 iillion S dollars - in form of granting tix and customs privileges. The PSU does not keep irack of the planned investments, and we can not confirm the relevant articles on the contributions of the Republic of Lzbekwisan for the 2016 fscal vear. As a result, we were not able to determine whether any adjustments to these indicators of the specialized report on the receipt and tise of funds for the year ended 3 1 December 2016 are necessary. Key audit matters - basis of accountig Without changing our opinion, we draw attention to Not 2 to the financial statenlents, which describes the aecountig pohey method. The financial statements have been prepared vith the purpose of meceting the requiremenits of the Vinlancing Agreeient and IPSAS. As a result financial statements may not be suitable for ann (op n i i 01 tisi i are based ini le aiei ev\idLncc rccciv'ed befole the date four audli reporlii Rw\\ ot w oUte ew\ts or t kiilsdili a leadi to 1hc C'oinpany losing die al)lliiv ti c 1iiiue its bUsnetss ((iiltliiul itis]\ - Lascs Ile presei m[i [f ie Finncl statneilrs m n general, s streixe aid cnln tont, iicldring dhslosre of in formaii in, as \\ as w diticr lihe fnanCal sttenieits present lie tiilderling operaLläiis ind e\vemls i1 a inanner ar ensures iheir rehable representatioi, - \ Lchl\V i aiii su ticiLnt appropriat audit ev\idLnce aiiitå ic ile 1inaicial, in floiratioin of ilte orgailnati il or actii wiliin the (CinpaIn in reder to e\press an oipinion on Ilie financial statemeits. Wc are responisiNl) tur [Iiiiti gciiicil[, Co ll ll ani C lndUict if the Coiiipaiiys audi. \N'c rerii full\ responsible for i air aidi opinlion. e carr1 ii- inlirlmaLiioinsi] 11ine [lin \\ith ipes responsible for corpo'ate go\riaiice, ineluding, aiiong odher ähing iiil inn onil d ilie planicd scopt and timng iif ie ~mdl, as well as sigificani coinniCienN o rlic aidii reS LillS, inCluding Signiican t deficieiies in Ihe in terinal cM in pi i astemi that we ili'ntif\ in tde Cou~ �rзrrзjc ct cгanrгliza�гtiгэn araait rrF�� егт��т "KC3tT�1NfU1�hf�7�MA7`" S(ассlнl parrpvsc� firaлncг.al stгatcraгtцatlзrej�нred ггл стгslг rгrechrac�' оf�асс�агатагiп�;-fсаг thc• ye�ar cnclcrl �3ir 1)есеrтгЬсr 2l116 (1�'atc•s trr ,�jэссl.а! �т>',аrхг•idrl St:aг�aarerзts,} 117 1, 1'liC3�FC 1' i]ESCRIPTIUN (Слхэ#iiaaied� Ь;� 1��Э�ягr 11i� ;hг wc•���с�ггглс' 4�,:�; ✓ ГItЭ�:L4Г г�i L`�гti�lS1,� х�':f1t'Ь' Э3111г71�h1Э1[ tiC:7C3S7E1ti ;Э1.74� Г(Jf1�ГгtYC(1418г �?{ flfill3[1t5Пiгl vГ,1С�l'1-17sE[ПЭ711i�; tifг[i1{)tгti, ✓,1Э,_�1г1 � 4Е,:а1г;�iг,гг � �t �1гс :-.с �� 7.�:с� �+, sr+vг7>; ✓ п Ээгsiи гчi� i17г 1t7;iiкг w>г€с°г Iгг:-iгltг�•и[ Э7l>Iп[ яг�чаl [�ti�' Е•г7г17t7сЭ tE'д[�с'г 1�г�:ьгlnсnг Э�1яt7С, гпСll.гсl9 т_t гt'Э�s1tr ;г1ц1 1'СЭ�ьlгiс'4'Cl1C'67[ tlr cCЭtI3171ьt4"lгt. 6111;117ГП1ч�� 4�1 1771�гПС CrtiltiФCL]C:ab �11 t�'г5["1iw аг1с1 1I1сг'е'�Е'�С га( �'IZe1�i' t1L1tЭ7�iГ. ✓ Е�rгr� зs�ггl7 гr{ в'<•гхrkiгг�; cc1ui17It>�rtt; ✓ f�r���=.,��r1э г11 �гг;�iггсег�lt;� .��1�iг��•:rг7�Э ,7t1гс•г• гЕ'гЕ7г7гсггl а<4i�t•1пг_�' faуг rc�p;7ic: С'а€� F3. 1�i:;гili,гil�rгal �#а�с•Х>I�;C1п�I7ir>I� arьcl с•x1r.EC•i#�,�-lэlгilc]fsr+�,� fij I17:,�ьiulis�usrl �tг`��г� =г1г�•1�i17,p ;IггсЭ сг7lапсхt�,' ]� I,Э [�t'1~ thп:rl.l,rh; '✓ i[+_'S'с`1гйЭ�tУ7w'3Э[ f7h [-s1C11n71.г131Cг{i�1f117 �1IiЭlC',�rlcг� ,гСг€1 L� г[1lЭ?��11;!,77ч �гэ ll71�7Cts1�L' Э)141311C Att;tCC77�`SS� "� 1Г;111гЕЕ1,'г'.!Yj 17С1�(?f7E7L'1 lг7 Э.Э]С [71Яiг1_�C77i1`!1г E1t Э711t7ЭН, .5С'У�ь�1t:4'ti ll"1УЭ7 �ll7 �;[Yi��E311517 !7[l 111C' fU[(Sti {JIti i"17(' С�'�17`1.11:11г_'С, ✓ С`ti1.71s11,�ii;1 l'['J г1Е ,i �7Б1[н1 ti� �E.Ua3�Э �С�[' i11'*llгl �-11 t-г''�.�'. г(�Э .г[7ЕЭ LЭ;l[г7 [_г.�аЭ1i.'С[3t717 CrfT k�l1S4C`i' 1'С'tт17[1П5С' С�_ч { 1II�•г'�Е•гtс �,. .:11г�Э 1� r1 с1лi1Е :tc€i'< iti�•ti, fii`, 1и;гiгиt�гllгггl �tr�7iз;%t�hrnil7t;�;�г7cЭ ral7г,ciC�, 1�ггi1сliпr, t1f �`t'Е; С171�.�г1гЕ7: ✓ {€t'1 Г�+117ЕгЕс.171 tlt С�Е.У1�У7[11U1ц��г11Г7П '*гУ"�[�.?ге� г101С1 СгlСТlЭ7гцr.гll� [Гы 1117Э�['ь.11�С' 1lL1111•'- `г �. г.'11�"-<.. ✓ iЕгп�г�lь'�; г1i Еэс•г=.а,пiгvl iгг tltc• Iгzапаs;сг��{и�I7г,at•Э7и1�1гс� �-�°а•G�ic« �ч�гtЬ аЕ7 ег7���17а�з� с�п tlэе 1�� ,����, Е17е (�f. и17"1.11.г1С•р�, ✓ �•�1. I+�i.1�Fr1CE7t гз1� А�711rrt �' �[CI�7 frrt С115�7;11�СЭ7 с'.г1sъ6Гr�Э ;гпсl eI;гCR crчll�'Сд17ап Сг1r ifrцlc'� с��;17��:.-.4• СГr с°��� �� г��n� ьс � ;tt7cЭ t�saт �1ai1', ;1�,-Е�з',•гС1с°5, � 1'<г�•t С�. С�с•яwilэilitr,� stuclt f 1�..,,jr<•ct �tгcЭit �1асЭ гl:гiпiгl,r. :аг>с1 tii7гuзciп,r r�t 4з1>�. са�iгl;' с� �,€�. •I'.i�c•� .iьral Е)и€�es 1(L,C"ч �l1lL1 t1L111L'ti г)I1 Lx(�St1C1ч, k4�1Ch� .IСгС.1 чС'1'1'гСС:`+ 1JLC1'L"13г1ti�.'{:1 L1E14.1i�'f' [11г.' 11)_i 10i111 RI1C1 С[�1I7[ГlЭ.3L4ггi�1t7`� i1l7П7. E�7ft (, аГStа�е,чП7е17t +if r174` 1'>мСЭ7t11ч�1С Г�t I_ /174'iCS�[��t�7, �ГfэПl '`�111С11 С&1i` w]3с'[_kalliaT#г,1] 1.5 r,1'�tгlttlCЭ, гl� tib�СЭЭ .г� ,_ ,� Уг,1 Еггчiг,гггs с�Ес'аr�ич�гr. саэlii�а::лг�агsг, Er�.Эra•гьi�е .II1cЭ :гг'с-Эгilа•ггGЕгаь1 .зlгсЭ с€1заw1пlг гiгг�г r,�.E13a7I-t�isinгг,'.v11ic.'h ,ьгс �.iи.lпсссЭ ��E�St771 t17C L�tir�"Cr[71азr7][ с}t' L17� 1�c�7til)Э1Г U6� С 11з�'141. I�irг.al7c��° s•ггчtw 17.-�Э��1г-�с, rt•1:tг�cl [E117r5Ir1чt�iiг�; �1tlriгг�; гh� iг7���iIrICЕ71 17cliг,cl. MjICt Un M JCCOPSMICOW 0.'7ieOtn7CUt,Facilitiesiii4],,,ýci§-erage.ýystci7is it? a12d (IDA Maij 46313- UZ) lý,'(ýrld bäi7Ä- project ui)ä "KOÄIMUÄTKHIZJIA r' -ýpcci;Ilpurpfj,';v cäEtä incthodo]'ýýccoutming for tlicyc.irc-nflecl3l ljccelliber 2016 (Ä"~ to spcciW liriýilleiýll i PRJECT DESCRIPTION (Condnued) Odier Wlta- rk'PrCýcln und, Elnu urre inrinkenly und m fnarnn= tbc ow uf ohm plefams (d de PCX ak-ii\ ines flu- h rlant-k)"ý (lik- 1,1-1 bico 15 cxPK'(-11'11 t, b bc on 30 [1111c 201 2. REPRESENTIM ON OFI FINANCIAL ST M W WäFS Jhås är pws"umion of ävlandall mat"ucni,., äl lån sluckimind ntuuwml m viammi a eld hams. en, larpared in ac~dalwe uith de l namnmåsnå PaibLä prepared in accordalice ý\iili is,uctI 1),' 111c rpý11 Accotilmalvs aeeonlirl"" 1,-) the hua [mm quil lu nl, , or Rec, m! 1 i i i i ýý 11 ý1 j 11(-rcll]2t11' i ýIcrrcll ný a-ý IHRL),' oll aut-olinlitig alld ci( out in 111c 1-inancial äpnis de IMU) ärnök pr par bried by de Vånäld Bank in OMI, 11x-;ic prinviples (-)1'Acco)tjiitij)g Poficy aind iiietliod<)](igy ofconxersäoil. '111(1 11a11 rullll-ý c I1 11X, 1ýf)t'Ci,liiyc(.1 iinancial varnlutals 0 dc ProjCCE, P1-t-Paft-LI 011 The basjS 0f [Ile Cas11 11MI-lod, iS im I I A lån A juknu Inläm 0 Ellv projeck fålanciaj and comb mus nuirlir in IS ärlhis. Nevenhtcn, i Ile l IrK Yjt-t i lha,ý acct mnas in I albrälv Miv :röna der reSiTed u) an 000 and etav b et åh am und u) receive 1,1111d, And pn " c\perisen inlåtg i w lännumu 10 änän en nu vrin ors mul siqltke,. -ý p1 11 and n a N kw Misäl in V IS urin a m~ M o t S dolma nog dlc n Ab mål ~ 00,11 prilinph-,ý: ý I t bi wl ar,. asci a de a m nöm ed ål a calmipv Mr EJmn W I I dålar v-elv emwerted du o VS I tars uý1 i 1ý i< i lic g 11'ficiýll rak- ý C [Ile C:Cn E-val I lan k o[' ( ],it- oý ret-erred (5 ay lflý l- ý" as o13 I l 2( 6, wh db ens 3 23 L 18 U M per I dofln r 1 nå ed Smics 120 1 S: 8ý ý1 8 L' /SI per I IS d< JLIr) -ý jolla i s, 1,1 kil ý,2 iii to accf n1111 i lic, 1.-xcl 121 lc'c ra tc ot- t lit, (. B R I a i i he (1,11c oj- i lle i rallsncl i< iii-, ý111(1 11 1,1 1 Ct t lo 1'(:ý' t] i 111 1g fi" n-, i ht- i ra El ýý ft. 1, g) 1, 1114 1 vel i 1c E i [s i El i lic t, i n, a et) tre ltn , i hel- i all i e ýý drdlar as pmå / hus JUMI neat2mmL 10 inconic /1 expenses '/ kicill-red iii A ~rener när Ihall [hc I -s (hdian- iit-i, o lilNýtrlcll lo t-filugn e 111 renu, 111 Ilie ruluý.1111 u\lnitas froln Ilie )CCIal alkl CLITIVnt aCCOUI-Etsý as well ii, in A perimed rejs ni wi tbc reccqs 2x1 abc of fund, rg) as ffic Funds of die of ltbc BlepWik of UzAklian '1 Iw ot illt- Go\ ertillacill of [he RIMJA1 0 1 VM~ cullös adcnudtuhms vi 10 and ål cash, I )t-p4 }ý11ý 111 1,111(1 al c f11.1 iri fl-le fi )r11) Of U\t'MPTRA) ' I 1'ý 5M Ei-EXC'ý ÅOLI dout-, f n1 ý' ý ý :,, ý ý , % ý ý] I - :ý 11d scr\ wes 121 die 14.1 Inschased untår M IDA han et cowributions Iroin ihc Goveinni, n[ ý j- 1[11 VUý1ý!"- (>1 ý"bckl'Lan- The Projeect on the Reconstruction of Treatment Facilities and Sewerage Svsterms in Bukhara and Samarkand (IDA loan 4633-UZ) World bank project coordination unit ofAgeney "KOMMUNKHIZMA T" Special purposc financial statement prepared on cash methodl of accounting for the year en ded 31 December 2016 (Notes to Special financial StatcmenRs) 12 2. REPRESENTATION OF FINANCIAL STATEMENTS (Continued) Special md current bank accounts in the Republie oi't Uzbekistan. PN and S\m odc t ec ik acu11s. \ >pccial bank Iccount iin 1S dollars ripresents litfuids prun,ldei Iby i [D.1\ iII impr111l ',te lih' cash tliw 5t rce borrowcr and to faillle ihe limely dIt tlisbulrsemeiini ft funds>. \cu'l are1> i lpenecd ini sCB ''1lamkbnk ".ll'' 50 \ccoIming alnd rtepiortingt 1on special accouVIlI Is caiedlt ut] by ffhe (,al-a st ffi fte rje1ad is 1vtre byihc Ägencyv. Specal ut S dollars arte used lo co uer l inopnii (I cliglbäe cts of D\ in bth lo11,1ca] and foreign~~ cure 1oes Egbli, cos arfrpr fdtoie 11D\ mi (1teatmn of culatliive,, c:osls. Spca acounts1 i S de lars re 'eplenished b 1 ) 1n t basis It [t' rcc' iliai n t Ir he special acco unrt'ii'( prepared lith P - rI the 1 llt'- io 1 ofi c th sci l o ccoun'tiin 11 dlIlts d1L tl aitlmen h i ral 'c t , S , ac s ILS AD rCe in o nds rvcl crom lhe sale ot tender \t'~ IItLil: Ii l t' e )t 1c''11 [l-,it li dii t> [lit' eredtbb 11L'/'i SEa Klr'l()cibr3,)ttt\~ P'-11 dcumetf c il t ids recelvedtcl 1 spucial at'li s 1i s doluls under Ie ID.\ i an, f'r a)m f of Bllnt:ra alt cnludedkunder;ic the Prolect parlmentai of jarie t pck> ines RcfoheiPCE, Pt Ilit minismtr and withdrfa[licoN fundid , 1 < ý t"111 ll tllt 111-3i i/ l n) J,CCI )ii ,1]i\'al It li etlrtn liib aaii fWVtl n is crict Te Ipt]il It] p ttlin eurt' was o or it' itdingi of 'bt'hsfunat rec edms frIm thie saleof tnlr dicmnn nlll fl]r pi- ment is clnrct]t cni ll ded w itnlil ill he f n ka fthe Projecs 3. l ,EG AL STATIIS, TAXE1;S A_N D CHlIA RGE S \lcr dit] h ec fd ihe Presldeilt o)l ithe Republic ltf 1zbekisn/' da1 ted Octobe lir 1)Ia , 2009 NoPD-i1 6 "(l )ncImere rg) implueent th1pojcc Rc7ons11m1c1ion of sewa-1ge trcaimenlt phlns and sewver systems in- BuIkhara nd samlarkamd cilies "wIIh ilhe paýrticipaltionl of IDA" ndu the0 joint Remolutioni ofithe Miityof I'iani-c ()f 1hu Republic ofLd kit" ot \pril l6, 2004 No. 64, Stt a omneofthie Republic of 1. hfkistan iii \pl 116, 2004 No. 20114 -1,, Wnd the( State Customs Cormmitee o)f thek Republie of Ezbekistani of \ir[ 1,(f 210) Ný o- 01 112 / 1 l 22 "()1 appromal gd 1he Reul io on Ilhe taainofgoods (works, services). impi]Edl and1 acquired Iin ffhe terioy fh Rupublic of 1-zbexkisnan at: the ex,pense of borrowved funids anid guaan .e Ilite RupublIC of EzAbekta w, ,1 ý11inthe ra wokof inves,-tmienit projects nvvin rernat11ional1 hinanIal in1ý1[a[ions and foireign go0XrnMenUMÄalfinanicial organmizations", goods, works and services ,provided mind paid [fir mn ffhe lerr-li,ry o[' Ithe Republic of1 Lybck\tista and financed by IDA k>ans, are exempitfroml nixes anld duties(-. 4 U.CONCI1LIATION OF IDA FINANCING The Ite1cconcil lon o tnancng beivcn IDA's Lai on Ilie website at www''rldbank:r1 in the Client Connection secti alltih Projec( daia as of 31 )ecember 201>1 is shown in the table below: Client Connection data 5063 (www.worldbank.org) IDA funids 50 630 436 50 630 436- 77ie Project on the Reconstruction of Trcacincnt Facilities and Sewerage Systems in Bukhara and Sanrka nd (IDA loan 4633- UZ) World bank project coordination unit olAgenciy "KOMMUNKHIZMA T" Special purpose 1iancial statement prepared on cash netdlo olaccoun ting for the year ended 31 December 2016 (Notes to Special financiad Sratenents) 13 )ESIGNATED ACCOUNT (UIS)) RECONCILIATION STATEMENT Account NM 20210840704262646012 Depository bank JSCB "HAMKORBANK" Address Tashkent, Uzbekistan Source of financing Related loan/grant: IDA 4633-UZ Currency in US dollars Balance as of 01.01.2016 1079595 Add: Sources Tranfer from WB IDA deduct 597 305 Return of funds to IDA (1 120 112) Total Cash Available (522 807) Less:Use of funds Works 332 593 Goods Consultants services including audit, Training and Incremental Operating Costs 55 993 Transfer to the Special account PCU in UZS 168 202 Total funds used 556 788 Balance as of 31.12.2016 - 6. O-I'SIGNATED ACCOLINT (LiZS) RECONCI LJATION STATE1MENT Account Nit 20210000904262646008' Depository bank JSCB "HAMKORBANK" Address Tashkent, Uzbekistan Source of financing Related loan/grant: IDA 51890-UZ Currency in thousands of UZS in US dollars Balance as of 01.01.2016 79 534 28 304 Add: Sources Transfer from Special account PCU in USD 485763 168202 Transfer from Lead account PCU in UZS 14495 4965 Total Cash available 579 792 173166 Less: Use of funds Works 252613 86848 Goods . Consultants' services including audit, Training and Incremental Operating Costs 103333 36202 Transfer to Lead account PCU in UZS 223 847 77 999 Forex gain or loss - 422 Total funds used 579 792 201 470 Balance as of 31.12.2016 - The Project on the Rcconstruction of Treatnt Facilities and Scwerage Systems in Bukhara and Sanarkand (IDA loan 4633-U) Wlorld bank project coordination unit ofAgenc "KOMMLVKHIZMA T" Special purpose 1inancil statent prepared on cash method ofaccounting for the ycar ended 31 December 2016 (lots to.Special f7hancial Statenents) 14 7. LEAD ACCOLNT PCL IN U/S RECONCIlIJA'ION STATEMENT AccounthW 20210000604262646001 Depository bank JSCB "HAMKORBANK" Address Tashkent, Uzbekistan Source of financing Related loan/grant: IDA 51890-UZ Currency in thousands of UZS in US dollars Balance as of 01.01.2016 1 503 535 Add: Sources Transfer from Special account PCU BSSP1 in UZS 223 847 77 999 SWSP Consultants' services including audit, Training and Incremental Operating Costs 113559 38072 AKWSP Consultants' services including audit, Training and Incremental Operating Costs 64 982 22 367 For participation in the tender SWSP 32741 11201 For participation in the tender BSSP1 42 782 14 194 For participation in the tender BSSP2 13597 4237 For participation in the tender AKWSP 74 149 24 568 Other transfers to Lead account PCU in UZS 47965 15942 Total Cash available 613621 208579 Less: Use of funds Works . . Goods . Consultants' services including audit, Training and Incremental 208893 65 B17 Operating Costs BSSP Consultants' services including audit, Training and Incremental Operating Costs 180459 60440 Transfer to Special account PCU BSSP1 in UZS 14410 4965 Bidding expense 162 255 54 200 Other expense 24057 15456 Forex gain or loss - 484 Total funds used 590 073 201 362 Balance as of 31.12.2016 25 051 7752