UoWIo c0 - 1/ jgo ( J 3?o jooo) sæosqgê,oqæ05q: :oo:DO 0 0 cccc c co j 0 qI :JojM11 WC:e7'j-6-jooo qo'oloDooci meo-?/(WB-DWIR)/(jog) L 0 LC~ L~JL O LJJ 0 LJL LL C jI Jo02-Jooo æ¢DaGG:9?mo (g;>Da5eg:Go cOCgæm Ayeyarwady Integrated River Basin Management (AIRBM) Project åocpq::o: .: 0 p.Q 0. 0 G 0\s0 jêo: O(CGc): D åQc\oooloF :Eé ,- 'woó ,: o. ) 0 q c 0 .: o osoægoilq cog®c&æo j :co:oo IL LO1 I :c'\1 (o) eo 4:oc G:GC:ODÔ:æGoT GæoGO osoqC coo OJm®®DG:eDl. æ~c c fl ыо� е '� .�.�'��-':6ь�:ы� a��cii 6ь��гь�с:�s� �а�сг:г�:о,е�:о�:тсr�вь�:�:Ф:� г. ьj:сита еы� c 0 c AyeycirwadY Integrated River Basin management (AIRBM) Project 0 *om' C: J002-JOOD c c 02.0 0 C. JCI) 31ýOGCQCID 0 IC 0 c 0 c c c :Cr) coosGcroý cDGGI" L* Ayeyarwady 2: :SDý ø J002-jooo o-)gpGqý&o a)o--)MýCZSGQ:rcfic G W,) c aa) Eýý (AIRBM) Project &) ":ål J002-j000) Integrated River Basin Management 0 cf) ý c C ó: op: cý orý op: Co a) Q o-)j q CO: CO ý2 :&Ø9-ýæg cocm c)o= L L L ,.- CýGl -, e c 6 op: (GAAS) c -"a c o-)q :oo c D 0 c jil 0 Oc c\ w (Project's Management) co c øoý>mc:=ý QO IND OJL c 0 c c c mcc"' (Fincincial Management Manual)i 006mýc:"c:mc 0 L L 0 'w cýo"GGý. c c »coo L c c c C G . C\ c oc qc:qC:M(ý:U _). 00ý)ýj)ecl:å CDMWCG= 0 L j L c 0 0ý Wýco L J 11 L- '»JOLWCr)g M 9 W er) c, e CO ý00,-)o -D jý o-j: w c: G (PIS -1 11 ý3 J j "C:oo'å =0ý 9 c e 0 c el 0 c c c c 0 (GAAS) o-)qC:00Gæ:Ct'.)ýc 0--ý somucrx>MýpA i <.IC L L i L 0 c c c 0 0 c c c c cocMGGr -.coo."cýé L 5 0 0 c c c c 0 c oc 0 Go 0 CO -M CoRc;G0-)clam " ,:0 GæQ cc. L L L - c c c c c c c 0 c " C:CocX)ý0 Sco 'fiýGo: orý'Gý wcQWPWP U) w u (7) 09 c =0.5 olcoEý211 c L c C0COWVDmce c (Ø,3 0 0 (7) CO C: &c 00c0,.Gjý fiQMQP:l J3ýwc:;ý)jmop:wr-oT RoSýn \H c, c c c c L B ' c, I J 0 c : j:p ~ÿjoo(-jooo ocp29:gåo oSgs å Gæ26qa5m~ 'Ayeyarwady Integrated RI'ver Basin Management (AIRBM) Project oo:~ 0 oop:I c c:æc c CE2:G oæ:0o'l cccG :p joo2-jooo cp :gå æ aSc;Qpcf G=cqcoE§ Ayeyarwady Integrated River Basin Management (AIRBM) Project : o--joo q ‡, cocc a)o om:G = rýome W0:c15G- C L8G0?L - c Lc c:IqO:g:gt AYEYARWADY INTEGRATED RIVER BASIN MANAGEMENT PROJECT IDA Credit: 5559-MM Under the Financing Agreement No: 5559-MM between the Republic of the Union of Myanmar and the International Development Association (IDA) STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2018 2017 /2018 2017/2018 2016 f 2017 2016 12017 Notes MMK USD MMK USD ABSETS Cash and Bank International Development Association - DA - A 4 618,371,043.67 - 2,241,796.679.31 International Development Association - DA - B 4 - 421,106.95 - 533,231.92 Total cash 618,371,043.67 421,106.95 2,241,7%,87921 533,231.92 Advances Advances paid for Expenses 5 2,394,669.00 - Balance in Contingent Emergency Response 5 - 1,820,766.68 - Total advances 2,394,669.00 1,820,766.68 - TOTAL ASSETS 620,765,712.67 2,241,873.63 2,241,796,879.31 533,231.92 FUND BALANCES ____________ 620,765,712.67 2,241,873.63 2,241,796,879.31 533,231.92 U HTUN LWIN 00 U AUNG MYO KHAING DAW SANDAR MAUNG DIrector General Component 3 Director / Senior Finance Officer Acting Project Director late: 28 Date: 29.4.18 Date: 2F Yangon, Union of Myanmar The accompanying notes form an integral part ofthe financial statements. 4 AYEYARWADY INTEGRATED RIVER BASIN MANAGEMENT PROJECT IDA Credit: 5559-MM Under the Financing Agreement No: 5559-MM between the Republic of the Union of Myanmar and the International Development Association (IDA) PROJECT BALANCE SHEET AS AT 31 MARCH 2018 2017/2018 2017/2018 201612017 201612017 MMK USD MMK USD ASSETS AND PROJECT EXPENDITURE Notes Cash and Bank International Development Association - DA -A 4 618,371,043.67 - 2,241,796,879.31 - International Development Association - DA - B 4 - 421,106.95 - 533,231.92 Total cash and bank 618,371,043.67 421,106.95 . 2,241,796,879.31 533,231.92 idvances p Advances paid for Expenses 5 2,394,669.00 - - Balance in Contingent Emergency Response 5 , 1,820,766.68 - - Total advances 2,394,669.00 1,820,766.68 - - Total assets 620,765,712.67 2,241,873.63 2,241,796,879.31 533,231.92 PROJECT EXPENDITURES Comp 1: Water Resource Management Institutions, Decision Support Systems and Capacity Building 1,225,015,373.69 2,242,594.61 556,648,659.69 629,511.24 Comp 2: Hydro-meteorological Observation and Information Systems Modemization 590,501,736.64 551,796.31 83,470,118.00 74,190.72 Comp 3: Navigation Enhancement on the Ayeyarwady River 1,125,459,934.00 1,738,604.56 482,546,640.00 199,291.45 Comp 4: Contingent Emergency Response - 2,069,233.32 - - Total Project Expenditures 2,940,977,044.33 6,602,228.80 1,122,665,417.69 902,993.41 TOTAL ASSETS AND PROJECT EXPENDITURES 3,561,742,757.00 8,844,102.43 3,364,462,297.00 1,436,225.33 FUNDS Funds from IDA 5559 3,561,742,757.00 8,844,102.43 3,364.482,297.00 1,436,225.33 TOTAL FUNDS 3,561,742,757.00 8,844,102.43 3,364,462,297.00 1,436,225.33 U HTUN LWIN 00 U AUNG MYO KHAING DAW SANDAR MAUNG Director General Component 3 Director / Senior Finance Officer Acting Project Director Date: 19.cie Date: ?f . 18 Date: Z9 - t kangon, Union of Myanmar the accompanying notes form an integral part of the financial statements. 5 AYEYARWADY INTEGRATED RIVER BASIN MANAGEMENT PROJECT IDA Credit: 5559-MM Under the Financing Agreement No: 5559-MM between the Republic of the Union of Myanmar and tw International Development Association (IDA) STATEMENT OF SOURCES OF FUNDS AND EXPENDITURES rOR THE YEAR ENDED 31 MARCH 2018 Cumulativeft, For the Year For the Year Cumulative to 31 For the Year For the Year 31li.at Ended 31 March Ended 31 March March 2018 Ended 31 Ended 31 31 Mach Notes 2018 2017 March 2018 March 2017 2016 MMK MMK MMK US0 USD USD #eurces of funds kiemational Development Association - DA - A 14.3 197,280,460.00 3,004,462,297.DD 3.561,742,757.00 - - kilemational Development Association - DA - B 14.3 - - 7.407,877.10 1,099,525.33 8.844,1024 tgtl sources of funds 197,280,460.00 3,004,462,297.00 3,561,742,75700 7,407,877.10 1,099,525,33 8,844,102AE dfpenditure by disbursement category Goods 8 59,555,873.0 1413.668,962.00 806.3.64A83.00 3.182,387.35 . 3.182.3E7.25 Works 9 414.500,327.64 292.56072700 9U1,811.054.64 87,31604 - 07.31604 . Non Consoling Services 10 72,912.155.00 18.148.000.00 91.060.113.tl 53927 5392 consulats'Services 11 487,56.8994.00 270.737.104.29 758,32S,093.219 2,391,257.32 096,173.15 3257.39125 Tiaoiinn Workshops and Study Tours 12 64.452,932.00 54,025,123.00 119.108,055.00 36,484.41 31.622.59 72,59500 kirsmental Operating Costs 13 119,201,344.00 48,301.368.40 183.806.845.40 1,221.00 722.00 1.99921B total axpenditures by category 1.818.311.626.64 830,441,284.69 2,940,977,044.33 5,699,235.39 728,517.74 6,602,228M30 l tkit) E xcess of sources of funds over expenditures 14 2.14,21.0i231 620,76.712.67 1.708,611.71 371,007.59 2,241,87-1cz Copenditures by component Com 1: Water Resource Management Institutions, Decision Support Systems and Capacity Building 668,366,714.00 483,179,226.69 1.225,015,373.69 1,613.083.87 480,030.5'S 2.242,595.11 Com 2: Hydro-meteorotogical Observation and Information Systems Moderization 507,031.618.64 81,870,118.00 590,501.736.64 477,605.59 74,190.72 551.79631 Com 3: Navigation Enhancement on the Ayeyarwady River 642,913,294.00 265,391,940.00 1125,459,934.00 1,I539.312.61 174,296.45 1,738,60406 Com 4: Contingent Emergency Response ..- - 2,069,233.32 - 2 332 total expenditures by component 1,818,311,626.64 830,441,284.69 2,940,977,044.33 5,699,235.39 728,517.74 6,602,22880 U HTUN LWIN 00 U AUNG MYO KHAING DAW SANDAR MAUNG Director General Component 3 Director / Senior Finance Officer Acting Project Director Date: M C -.I1 Date: 28 -6- 19 Date: 27 Yangon, Union of Myanmar The accompanying notes form an integral part ofthe financial statements. 6 AYEYARWADY INTEGRATED RIVER BASIN MANAGEMENT PROJECT IDA Credit: 5559-MM Under the Financing Agreement No: 5559-MM between the Republic of the Union of Myanmar and the International Development Association (IDA) STATEMENT OF DESIGNATED ACCOUNT AND DIRECT PAYMENTS FOR THE YEAR ENDED 31 MARCH 2018 For the Year For the Year Cumulative to 31 For the Year For the Year Cumulative to Notes Ended 31 March Ended 31 March March 2018 Ended 31 Ended 31 31 March 2018 2018 2017 March 2018 March 2017 MMK MMK MMK USD USD USD A, Sources of funds Funds received .Designated Account -A 14.3 197.280,460.00 3,004,462,297.00 3,561,742,757.00 - - -Designated Account - B 14.3 - - 1.057.633.83 1,099,525.33 2,493,859.16 Balance brought forward 2,241,796,879.31 67,775,867.00 - 533.23192 162,224.33 Dimct Payments - . 6,350.243.27 - 6,350,243 27 2,439,077,339.31 3.072,238,164.00 3.561,742,757.00 7,941.109.02 1,261,749.66 8,844,102.43 A, Use of funds Goods 8 659,655.873.00 146,668,962.00 806,864,a35 00 3.182,387.35 3,182,387.35 Works 9 414,500,327.64 292,560,727.00 981.R11.051.6. 87,31604 . 87,316.04 Non Consulting Services 10 72,912.156.00 18,148,000.00 91,060,156.03 539.27 - 539.27 ConsuftunWsServices 11 487588.994.00 270.737,14.29 758,326.098.29 2.391,287.32 696.173.15 3.257 391.26 Tranirng Workshops and Study Tours 12 _64452.932,00 54.025j23.00 19,108.05500 36.484.41 31,622.59 72595.00 InrcrmeLal Operaing Costs 13 119.201.3-44.00 _48.301.368,40 183,806,84.40 1,221.00 722.00 1.999.88 1,818,311,626.64 830,441,284.69 2,940,977,044.33 5,699,235.39 728,517.74 6.602,228.80 hecussof sources of fund over expenditure 620,765,712.67 2.241,796.BT9.31 620,765.712.67 2.241,873163 533.231.92, 2.241,873.63 Represented by: Cah In bank 4 617,972,993.67 2,241,333,769.31 617,972,993.67 421,106.95 533,231.92 421,106.95 CniI on hand _ _ 4 398.050,00 463.110.00 395 050.0 - - A4ivnces 5 2.394,669.00 - 2.394.662.09 1.920.766.68 - 1.820766.68 620,765,712.67 2,241,796,879.31 620,765,712.67 2.241,87363 533,231.92 2,241,873.63 N94/ U HTUN IWIN 00 U AUNG MYO KHAING DAW SANDAR MAUNG Director General Component 3 Director Senior Finance Officer Acting Project Director Date: ?9 -.4I$ Date: 28,6- 1 Date: 29r'- Yangon, Union of Myanmar TPhe accompanying notes form an integral part of the financial statements. 7 YYARWADY INTEGRATED RIVER BASIN MANAGEMENT PROJECT ()A Credit: 5559-MM inder the Financing Agreement No: 5559-MM between the Republic of the Union of Myanmar and the international Development Association (IDA) NOTES TO THE FINANCIAL STATEMENTS 11 MARCH 2018 1. PROJECT INFORMATION The development objective of the Ayeyarwady Integrated River Basin Management Project (AIRBM)-is to strengthen integrated, climate resilient management and development of the Ayeyarwady River Basin and national water resources. The project development objective of the AIRBM is to contribute to the development of integrated river basin management on the Ayeyarwady River. The project would also support a prompt and effective response to potential crises and emergencies. Project Components The project design includes three inter-related investment components plus a contingency component to allow for rapid reallocation of funds if emergencies arise and the components are: Component 1: Water Resource Management Institutions, Decision Support Systems and Capacity Building It is important to ensure that Myanmar's water resources are well managed and, in particular, that a vision for integrated river basin management guides new investment in the Ayeyarwady basin rather than defaulting to ad hoc investments that can undermine one another and irreversibly compromise the river's full sustainable economic, social and environmental potential. This component seeks to provide the information, capacity and institutions required to enable government to manage and develop the country's water resources in a sustainable, integrated way as well as to identify, appraise and manage appropriate development opportunities in the Ayeyarwady River Basin specifically. To enable integrated, sustainable management and development of Myanmar's water resources, the Government is promoting greater coordination across agencies involved in water resources management as well as strengthened institutions, laws and regulations, capacity and decision support tools. A 2013 Presidential Decree was issued to create the National Water Resources Committee (NWRC). The NWRC have three pillars: (i) a Secretariat; (ii) a Hydro-lnformatics Centre (HIC); and (iii) an Expert Group. This component will help to further build these three new structures. Component 2: Hydro-meteorological Observation and Information Systems Modernization The objective of this Component is to improve the quality of weather, climate and hydrological information and services in Myanmar. The project will increase the capacity of the Department of Meteorology and Hydrology (DMH) to provide information and services for disaster risk management, water resources management, agriculture, transport, environmental protection and other sectors. This Component will improve the quality of DMH services by providing (a) a stronger institutional and regulatory framework, (b) modernizing the observing and forecasting infrastructure, and (c) enhancing the services DMH delivers. 8 AYEYARWADY INTEGRATED RIVER BASIN MANAGEMENT PROJECT IDA Credit: 5559-MM Under the Financing Agreement No: 5559-MM between the Republic of the Union of Myanmar and the International Development Association (IDA) NOTES TO THE FINANCIAL STATEMENTS 31 MARCH 2017 1. PROJECT INFORMATION (continued) Component 3: Navigation Enhancement on the Ayeyarwady River The Ayeyarwady River has historjcally been the main transport artery of the nation but the river's navigability is deteriorating. This deterioration appears to be caused primarily by heavy sediment loads. Sedimentation is perceived to be increasing as a consequence of natural processes as well as human activities such as mining and deforestation in the upstream watersheds. Impacts are seen in increasingly braided channels and sand bars that affect the river morphology and present hazards to inland transport, particularly at night when visibility is compromised and during the low water season (15 November to 15 May) when least available depth for navigation is marginal. The government has identified 46 points of constriction along the river that requires management intervention. This component is designed to ease navigation constraints and thus improve the inland waterway transport in priority stretches of the Ayeyarwady River and design a cost-effective and environmentally and socially acceptable strategy for managing the full length of the navigation channel. Component 4: Contingent Emergency Response This 'zero component' (initially without any allocated funding) will allow for the rapid reallocation of funds from other components to provide emergency recovery and reconstruction support in the event of a natural disaster, emergency and/or catastrophic event. Funds potentially reallocated to Component 4 would be disbursed either against a positive list of critical goods and/or against the procurement of works, and consultant services required to support the immediate response and recovery needs of the Government of Myanmar. A Contingent Emergency Response Implementation Plan will be developed to guide financial management, procurement, safeguard and any other necessary implementation arrangements and procedures. 9 AYEYARWADY INTEGRATED RIVER BASIN MANAGEMENT PROJECT IDA Credit: 5559-MM Under the Financing Agreement No: 5559-MM between the Republic of the Union of Myanmar and tthe International Development Association (IDA) NOTES TO THE FINANCIAL STATEMENTS 31 MARCH 2018 1. PROJECT INFORMATION (continued) The credit committed by the IDA for AIRBM Project amounted to Special Drawing Rights (SOtR) 67,500,000 equivalent to US$ 100,000,000 and the following specifies the categories of expenditure financed out of the proceeds of the Credit under the Financing Agreement No.5559 - MM. The allocation of the amounts of the Credit to each category and percentages of expenditures for Items financed in each category are shown below. Amount of the Percentage of Expenditures No Disbursement Category Credit to be Financed Allocated (in (inclusive of Taxes) SDR) 1 Goods, works, non-consulting 67,500,000 100% services, consultants' services (including audit), Training and operating costs under Parts 1,2 and 3 of the Project 2 Emergeney Expenditures under - 100% Part 4 of the Project Total 67,500,000 Note: SDR - Special Drawing Rights: This is a kind of an artificial basket of four major currencies of the world - US dollar, Euro, British Pound and Yen (Japan), created by the International Monetary Fund and also used by the World Bank for its internal accounting purposes. The duration of the Project is from 3 April 2015 to 30 September 2020. 10 AYEYARWADY INTEGRATED RIVER BASIN MANAGEMENT PROJECT IDA Credit: 5559-MM Under the Financing Agreement No: 5559-MM between the Republic off the Union of Myanmar and the International Development Association (IDA) NOTES TO THE FINANCIAL STATEMENTS (continued) 31 MARCH 201& 2. SIGNIFICANT ACCOUNTING POLICIES 2.1 Basis of preparation The principal accounting policies adopted in the preparation of the financial statements are got out below. The policies will be consistently applied to all the years of the project implementation, unless otherwise stated. The financial statements are presented in Myanmar Kyat (MMK) and United States of America (USD), which are also the Project's functional currencies. The financial statements present sources and uses of funds, and the related financial information in relation to the IDA fund withdrawals and disbursements from the Project'S designated account. 2.2 Recognition of funds from IDA Fund is recognised as a source when cash is transferred to the Project's designated accounts by IDA and also when the cash has been paid directly by IDA to suppliers or contractors on behalf of the Project., 2.3 Recognition of counterpart funds Fund is recognised as source when cash is withdrawn from the State Treasury or when a payment is transferred directly from the State Treasury to the Project's bank account. 2.4 Recognition of expenditure Expenditure is recognised when payment is made rather than when it is incurred, except for advance payments to staff, suppliers, and contractors which are initially recognised as advances and recognised as expenditure when they are liquidated by presentation of supporting invoices. 2.5 Goods Goods procured are recognised as expenditure when received or when handed-over from the contractors or suppliers upon the respective acceptance and approval by the Project Management. 11 AYEYARWADY INTEGRATED RIVER BASIN MANAGEMENT PROJECT 1IA Credit: 5559-MM lndcr the Financing Agreement No: 5559-MM between the Republic of the Union of Myanmar and 41C international Development Association (IDA) NOTES TO THE FINANCIAL STATEMENTS (continued) i MARCH 2018 2. SIGNIFICANT ACCOUNTING POLICIES (continued) 2.6 Foreign exchange differences Disbursements and withdrawals in foreign currencies other than MMK and USD are converted into MMK or USD at the prevailing exchange rates declared by the Central Bank of Myanmar (or any licensed Bank in Myanmar for suppliers who operate their bank accounts in other than CBM) ruling at the date of transactions. Monetary items denominated in foreign currencies are translated into either MMK or USD for reporting purposes at the closing exchange rate prevailing at the reporting date. 2.7 Commitment and service charges Commitment and service charges relating to the IDA are paid directly by the Ministry of Finanae of the Republic of the Union of Myanmar or by the Ministry of Transport and Communications and are not accounted for in the statement of sources of funds and expenditures and the statement of designated account. 2.8 Sources of funds Sources of funds consist of Credits received from the IDA transferred directly to designated account. Funds received also comprise direct cash disbursements made by the IDA. 2.9 Direct payments Direct payments represent payments made by the IDA directly to third party suppliers on behaff of the Project. 3. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS There are no critical judgments made by the Management in the process of applying the Project's accounting policies that have the most significant effect on the amount recognised in these financiAl statements. 12 Awl YARWADY INTEGRATED RIVER BASIN MANAGEMENT PROJECT Umitr the Financing Agreement No: 5559 -MM between the Republico4 the Union of Myanmar and the International Development Association (IDA) NOTES TO THE FINANCIAL STATEMENTS (continued) Polt THE YEAR ENDED 31 MARCH 2018 2017/2018 2016/2017 201712018 2016/2017 j. CASH AND BANK MMK MMK USD USD Cash at Bank Designated Account - A 371,650,506.67 2,241,333,769.31 - - Designated Account - B - 421,106.95 533,231.92 Other Account - Nyang Oo 229,848,975.00 - - - Other Account - Mandalay 16,473,512.00 - - - Cash in Hand Designated Account A 398.050.00 463,110.00 - - Designated Account - B -_- - 618.371.043.67 2,241,796,879.31 421,106.95 533,231.92 g, ADVANCES MMK MMK USD USD Funds withdrawn and re-deposited after Year End 2,394,669.00 - - - Balance available under Contingent Emergency Response - - 1,820,766.68 - - - 1.820.766.68 - EXPENDITURES BY DISBURSEMENT CATEGORIES MMK MMK USD USD Goods 659,655,873.00 146,668,962.00 3,182,387.35 Works 414,500,327.64 292,560,727.00 87,316.04 Consultants' Services 72,912,156.00 270,737,104.29 2,391,287.32 696,173.15 Non Consulting Services 487,588,994.00 18,148,000.00 539.27 Training, Workshops and Study Tours 64,452,932.00 54,025,123.00 36,484.41 31,622.60 Incremental Operating Costs 119,201,344.00 48,301,368.40 1,221.00 722,00 1,818,311,626.64 830,441.284.69 5,699,235.39 728,517.74 EXPENDITURES BY COMPONENT MMK MMK USD USD Com 1: Water Resource Management Institutions, Decision Suppkt Systems and Capacity Building 668.366.714.00 483,179,226.69 1,613.083.87 480,030.57 Com 2: Hydro-meteorological Observation and Information Systems Modernization 507,031,618.64 81,870,118.00 477,605.59 74,190.72 Com 3: Navigation Enhancement on the Ayeyarwady River 642,913,294.00 265,391,940.00 1,539,312.61 174,296.46 Com 4: Contingent Emergency Responseimplementation Support - - 2,069,233.32 - 1,818.311,626.64 830,441,284.69 5,699,235.39 728,517.74 1, Goods MMK MMK USD USD Office equipment 5,014,597.00 82,658,709.00 - Office furniture 451,500.00 64,010,253.00 - ArcView GIS Software 98,280,000.00 - Generators 36,456,840.00 - Motor Vehicles 231,600,000.00 - Flowmeters and Topographic Survey Equipment 257,266,449.00 - 685,768.03 Fibre Cables 24,475,437.00 -- Aids to Navigation - - 206,396.00 Speed Boats 6,111,050.00 - 220,990.0D Goods under Contingent Emergency Response - - 2,069,233.32 - 659,655,873.00 146,668,962.00 3,182,387.35 - . Works MMK MMK USD USD DWIR Buidling - 61,985,827.00 87,316.04 Micro Projects 230,574,900.00 Dredging Works 357,122,331.00 . - DMH Meeting Room Upgrade 57,377,996.64 - - 414,500,327.64 292,560,727.00 87,316.04 - ). Non-Consulting Services MMK MMK USD USD Flow Surveys 24,859,800.00 17,854,000.00 - Testing the Quality of Sample Sediments 941,746.00 - 539.27 Web Design for AIRBM/DWIR 686,000.00 294,000.00 Hydrographic Surveys and Bench Marking 46,424,610.00 - 72,912,156.00 18,148,000.00 539.27 . AYEYARWADY INTEGRATED RIVER BASIN MANAGEMENT PROJECT Under the Financing Agreement No: 5559 - MM. between the Republic of the Union of Myaunar and the International Development Association (IDA) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2018 2017/2018 201612017 201712018 2016/2017 11 Consultants' Services MMK MMK USD USO Component 1 Director 72,038.71 72,00000 Individual Consultant for HIC - International Procurement Advisor - 131,854.24 101,275.4 International Financial Management Advisor - 113,610.75 59.2329W International Advisor for Component - 1 - . 96,990.94 80,796.19 International Advisor for Component - 3 . 99,517.16 123.729.81 International Safeguard Advisor - - 105,056.29 National Social Officer - 15,702,450.00 Executive Assistant * 11,172,390.00 HIC Junior Researcher - 1,580,100.00 Administrative Assistant 1,057,644.00 National,Procurement Officer 1 26,328,870.00 20,463,690.00 National Environment Officer Or 30,322,294.00 21,300,750.00 Advisory Secretariat Support Officer/ HIC , 4,559,032.00 7,219,500.00 Junior Researcher , , / Procurement Support Officer 6,513,832.00 5,711,250.00 - - HIC Junior Researcher 7,766,290.00 6,836:208.00 HIC Junior Researcher 7.183.933.00 6,817,200.00 HIC Junior Researcher 8,110,053.00 5,469,005.00 HIC Junior Researcher 5,414,053.00 6,639,853.29 HIC Junior Researcher , 7,662,924.00 6,540,396.00 Project Officer - 1 24,293,200.00 19,026,484.00 Project Officer - 2 13,028,800.00 9,830,004.00 National Project Accountant 16,196,970.00 12,089,500.00 Stakeholders Communication Officer-1 3.638,65000 15,808,808.00 National Procurement Officer 23.313,626.00 13,210,321.00 National Financial Officer 21.438,800.00 10,956,000.00 Administrative Assistant 4,91B,123.00 2,563,082.00 - National Environmental Scientist 26.625,582.00 13,642,650.00 National Water Resource Engineer , 5,9u9,500.00 8,802,525.00 National GIS Specialist 26.055,100.00 12,276,000.00 National IT Specialist r, 7.415.473.00 6,763,875.00 National Resource Economist for C-1 8,95G,925.00 5,423,000.00 National Social Officer 15,374,061.00 2,969,250.00 - Governance Specialist - . 25,710.65 15,3703# Management Specialist - - 26,210.80 10,635.72 Team Leader and Insittutional Specialist - - 10,186.80 28.206.00 Component 2 International Advisor - - 133,033.46 55,332.71 Design of Navigation Aids Upgrade Program . 9,839.22 24,892.40 International Waterway Engineering Spedalist 74,334.25 19,445.30 for C-3 International Project Coordination Advisor - . 87,696.94 - International Hydralic Modeling Expert for C-3 71,555.00 - International Institutional and Regulatory - - 12,676.94 - Review Consu)tant for C-2 Ground Water Resource Assessment Report - 193,420.05 International Water Management Institute Sediments and Geomorphology Report -- 201932.34 World Wildlife Fund Fisheries and Biodiversity - World Fish - - 229,453.58 - Socto Economic and Baseline Report - International Center for Environmental - - 208,828.00 Management Participatory 3 D Mapping and Local - - 103,327.50 - Consultatations - ARCADIS Netherland B.V Engineering Design, Capacity Building and 96,085.66 Construction Supervision for Sub-Project I Systems Integrator Consutancy Services - 318,697.31 ESIA & ESMP for Sub-Project 1, ESA for Stretch One and ESMP Monlotring and - - 74,287.00 Reporting during Construction of Sub-Project I HIC/GIS & Database Specialist 26,882,662.00 Stakeholders Communication Officer - 2 10,446,148.00 - Evaluator for Myanmar - Netherlands MOU 11.301.600.00 - Project Officer for Component 2 16,697,070.00 7,607,379.(0 - Project Officer- I for Component 3 23,313,626.00 13,257,790,00 Project Officer- 2 for Component 3 12.376,175.00 - DMH National Institutional and Regulatory 5,018,064.00 - Review Consultant Design and Construction Supervision of DWIR 63,638,197.00 - building National IT Network SpecialIst 6,053,740.00 Stakeholders CommunIcation Oficer - 2 5,931,200.00 Administrative Assistant (C-2) 514,285.00 Project Officer(2) for Component 2 2,004,000.00 HIC Junior Researcher 350,712.00 HIC Junior Researcher 334,000.00 - HIC Junior Researcher 356,712,00 HIC Junior Researcher 356,712.00 - 407,608,994.00 270,737,104.29_ 2,391,287.32 696,173.15 AYEYARWADY INTEGRATED RIVER BASIN MANAGEMENT PROJECT Under the Financing Agreement No: 5559 - MM between the Repubtic a the Union of Myanmar and the International Development Association (IDA) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2018 201712018 201612017 201712018 2016129N 12. Training, Workshops and Study Tours MMK MMK USD US0 Training 19,062,385.00 5,452,000.00 13,190.88 1'676V;' Workshopi 45,390,547.00 36,875.673.00 7,257.25 1 8.89 Study Tours - 11,697,450.00 16,036.28 110 _ 64,452,932.00 54,025,123.00 36,484.41 31,622.59 13. Incremental Operating Costs MMK MMK USD USD Advertising expenses 4,875,000.00 6,449.000.00 - - Bank ch5rges 298,913.00 97,350.00 281.00 722D Boat operating expenses 224,500.00 - - Communication expenses 28,661,179.00 5,355,000.00 Drivers Salaries 15,080,645.00 - Licence and Permits 3,116,433.00 - Meeting expenses 8,425,750.00 431 ;075.00 - Office rent and maintenance 5,770.900.00 7,128.435.00 - Office equipment maintenance 6,286,760.00 228,650.00 - Office consumables 5,973,290.00 2,467,780.00 - Per diem, accomodation and transport 25,599,473.00 17,975,280.00 940.00 - Printing and stationary expenses 3,176,618.00 3,696,568.40 - Toners and cartridges 4,195,800.00 4,472,230.00 - Vehicle operating expenses 7,516,083.00 4.472,230.00_ - 119,201,344.00 52,773,598.40 1,221.00 72211 AF YARWADY INTEGRATED RIVER BASIN MANAGEMENT PROJECT iiflur the Financing Agreement No: 5559 - MM between the Republic of the Union offAv&nimarand the hitemwWtnal Development Association (IDA) Nill ES TO THE FINANCIAL STATEMENTS (continued) OR THE YEAR ENDED 31 MARCH 2018 14, DESIGNATED ACCOUNTS AND WITHDRAWAL APP.ICATIONS 201712018 2017%20% 2016/2017 2016r2M 141 Statement of designated account DA - A DA-B DA-A DA -0 MMK USW MMK USD Beginning balance as at 1 April 2,241,796,879-M 533,231-SW 67,775,867.00 162,224. Add: Total amount advanced by the Bank during the period 197,280,46009 1,057,633AB 3,004,462,297.00 1,099,525-M Other receipts Deduct: Total amount withdrawn for Oxpenditure during the period 2,067,426,832.64 1.169.75&80 830,441,284.69 728,517-74 Ending balance as at 31 March (Note 4) 371,650.56-67 421,106-5 2,241,796,879.31 533,231.M 14,2 Reconciliations of designated account MMK USD MMK USD Total advance to designated accounts accounted as at 1 April 2,531,310,810.31 740,0888 360,000,000.00 336,700Jft Add: Advance from the World Bank during the period 197,280,460.00 1,057,533.83 3,004,462,297.00 1,099,525.33 Deduct Total amount recovered by the World Bank 1,497,351,450.64 1,118,812.71 833,151,486.69 696.136-45 Total amount advanced as at 31 March 1,231,239,819.67 678,910.00 2,531,310,810.31 740,088.2 Ending balance of Designated account as at 31 March 371,650.506.67 421,10695 2,241,796,879.31 533,231M2 Add: Amount withdrawn but not yet spent 249,115,206.00 - 463,110.00 . - Amount withdrawn and spent but not yet documented 610.474.107.00 257.803.5 2B9,050,821.00 ' 206,856.95 Total advance to special accounts accounted 1,231,239,819.67 678,910DI 2,531,310,810.31 740,088.NB и U с д Ф � т �1 а i' о о о о о о о о о о и ошш v ~?i т с У о � � � v � � о v, и с� г- Q ммш °' й c�i м оооиооооv г-', ооос� vooo т м o ri c�i v r� � c�i o � O1 i омтиимсоио н' rncyc�ornиovo ои�; � У й N й ш ш м ш N й о � и с� о пi и й о ао rn м; Fo- � ri�йNrno°�ooaooN н Гс�с���с�vис� � Ф rn ом°м оомйfOа^о м' " с и У rn с� с� ш о с� й с� v; , С Ё� й ticom ��м�v гс, о � Noc�v. tiоомтш v в+ Ф N _ 1 С Q. 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'.�:.ss. � -.`� '' - � .. , _ . :__ : • ,--=-•- -__- : - :.-•� _.� . . ,-= . .- � : _ � • . ,-� r :. AYEYARWADY INTEGRATED RIVER BASIN MANAGEMENT PROJECT Under the Financing Agreement No: 5559 - MM between the Republic cif,the Linion of Myanmar and the International Development Association (IDA) NOTES TO THE FINANC441-STATENEN[TS (continued) FOR THE YEAR ENDED 31 MARCH 2018 15. COMMITMENTS As at 31 March 2016, the -unpaid balances of the contracts are as follows andtmse coftacts wifl be paid in the subsequent fiscal years. As at 31 March 2018 As at 31 March 2017 MMK US$ MMK U8$ i) Goods Total contract value 566,255,910 2,935,1719 412,547,252 Less: amount paid I ownpieted contracts 537.587,336 1,316.C93 147.208,962 Balance Payable F- 28,668,5-74 1,618.186 265.335,290 ii) Works Total contract value 1,283,950,934 1,153,704 120,105,827 Less: amount paid I completed contracts 181,113,823 87,316 120.105,827 Balance Payable [-1,102.837,1111 iii) Consultant Services Total contract value 7,200,000 19,136,M 3,346,495 Less: amount paid I compietedcontracts 514,285 3,947.213 1,053,230 Balance Payable F- 6,685,715 1 1,5,189,7071 j - I F-2.2 3,265 iv) Non Consulting Services Total contract value 68,634,500 980,000 - Less: amount paid I completed contracts 14,510,900 294,000 Balance Payable 54,123,600 686,000 Total balance payable 1,192,315,000 17.874,287 , 265,024,29-0] 2,293,265_