The Secretar Ministry of Agriculture Bangladt.:: h Se reta riat, Dhaka.

RT

Completion of audit on 07-12-2014.

l. We have audited th-:! accompanying Financial Statement of the "Integrated

Agricultural Productivity Project (lAPP)" financed by IDA (GAFSP) under

Grand No. TF 010378 as at 30th June, 2014 and fo r the year then ended. Preparation

of the Financial Sta ement L- the responsibility of management.Our rei'ponsibi lity is

to t.xpress an opinion on the Financial Statement based on our audit.

II. We ha\ c conducted our audit in accordance with International Standards on Auditing.

Thost: ·tandards requir ~ that we plan and perform the audit to obtain reasonable

a<>suran e bout wheth r the Financial Statement is free of material misstatement. An

audit include examining on a test basis, evidence upporting the amounts and

di . clo,ures in the Financial Statement. An audit also includes assessing the

accou nting principles u. ed and . ignificant es timates made by management, as well as

evalua ing th o rerall Financial Statement pre~entat10n . We believe tha t our audit

pre \ ide. a rea onabl • basis for our opinion.

I I 1. In our opinion the Financial Statement gives a fair view, in all material aspects of the

financial posi tiOn of ''Integrated Agricultural Productil•ity Project (lAPP) " as on 301h June,

201-t and the results of iLs operations and cash flows for the year then ended in accordance

with the a. h basis of accounting followed b} the Governme nt of Bangladesh.

1 V. Opinion Status: Un-Qualified.

H A lR • lAPP dnc- - 9 -

~~ - '3.~ -(2 jLJ

(Md. Sofiqur Rahman) 1 Deputy Director

for Director General Foreign Aided Project A udit Directorate

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I. .tegrated Agricultural Productivity Project

Project Financial Statement

30th June, 2014

Cu rrent

Cumulative Period (2013-Opening Balance Note Prior Period 2014) Resources

Government of Banglad esh 1 2,520.21 2,945.55

Grant from Development Pa rtner 2 9,559.52 8,908.14 Others resources (DPA) 3 1,009.96 602.19 Cash Opening ba lance RPA 4 - 1,030.13

Total Resources 13,089.69 13,486.01 Expenditure and Cash

1. Goods and Works 2,993.13 2,765.78 2. Veh icles for Project 1 t>rl! nentation

and Monitoring 1,456.63 -3.Tra ining and lncren operating Costs (Salary Allowa n ~ c.t all

establistment cost) 6,599.84 7,914.17

4.DPA Expenditure 1,009.96 602.19 Total Expenl.lture 12,059.56 11,282.14

Cash Closing Ba lance . Designated Account/ I -

RPA (Contasa A/C of P J) 716.70 1,908.46

Operating Account -

component & Field 313 .43 295.41 -Cash In Hand (RPA,PI\1 J .

Opening Account (GG

Cash Closin ce 1,030.13 2,203.87 Total Expenditure an~.- ... :.1 1 13,089.69 13,486.01

/

D KABIRUL ALA Audit & Accounts 0 cer

F MeQfl Audit Au01t Cor'nooel. Scl9'~ 0

(Figure in Lake Taka)

Cumulative Current

Period

5,465.76

18,467.66 1,612.15

-25,545.57

-

5,758.91

1,456.63

14,514.01 1,612.15

23,341.70

-

1,908.46

295.41 --

2,203.87 25,545.57

">-. ~('Q.V?. Md. a.-.nv,..am. n

Jomt So.; ·tary Prujc I Otrector lAP I

1tnt 11'}' o Aj!"rt• uhur G C'TllDlC'Irt H •• 1 ll

Establishment of the National Institute ofENT . OTES TO FINANCIAL STATEMENT

301b June, 2014

l. GOVERNME T OF BANGLADESH Fund is allocated by the Go •emment of Bangladesh to cover GOB's share of eligible project expenditures, as specified in th Project Pr..,fonnc. and in the Annual Development Programme for each of the project. Any allocated funds that have not been expended by the end of a fiscal year lapse and must be returned to GOB. GOB contributions to the project sine inception are as follows (In Lakh Taka)

-Inception to 30th For the year Inception to 30th .June 2012-2013 2013-2014 June 2014

Disbursement by GOB 2,904.85 2,996.83 5,901.68 Less: Refund to GOB 384.64 51.28 435.92 -Total: 2,520.21 2,945.55 5,465.76

2. GRAN FROM DE VEI 0 1',1[:'-JT PART~ER The GAFSP-World Bank I. s 1 nwided fu nds to the project to cover it's share of eligible project expenditures These funds ,which must be r paid h .. {name lender/donor) after the conclus ion of the project ,have been drawn by the project in accordance with tl f ll~Jwi . ,t. • it hdrawal procedures ( In Lakh Taka)

Initial Deposit (Ad\aOCl'

DPA ( Direct Pa)m~nt J

RPA ( SOE Procedure 1

RPA ( Non SOE Pro..:~

Others

Total

3. OTHER RESOURCES

I nception to 30tn __ _! June 2012-2013

3,307.80 1,009.96

_L ' 6,251.48 -

10,569.24

Other resources consi · t of th . f llowing:

Project Re\ I. IH s

Exchange gains/ los ~~

Total

4. CASH

.

Inception to 30tn Ju ne 2012-2013

For the year Inception to 30tn 2013-2014 June 2014

3,307.80 602.19 1,612.15

8908.14 15,159.62

9,510.33 20,079.57

For the year Inception to 30tn 2013-2014 June 2014

The project maintain s t \\ o .,coun•. :m imprest bank account, or revolving fund, which is kept at Bangladesh Bank to hold funds , ' 1 I b~ GAFS1'-WB, and an operating accounting, wh ich is kept at a commercial bank to hold funds advanc.: tl l ) ' ~II as funds transferred from the CONTASA bank account. Year end cash balances were as follows (In I ald1 I , . J

luception to 30th For the year Inception to 30th June 2013 2013-2014 June 2014

CONT ASA Account 71 6.70 1,908.46 1,908.46 - --Operating Account (RP. J 313.43 295.41 295.41 Operating Account (G08 l

Total 1,030.13 2,203.87 2,203.87

E FA Aud41'20 l4FS- ~ ~x

MD. KABIRUL ALAM A .. ,;, , o ll " ' "'"'nl<> ()ff~r.P.r 1 1d. NasmtZzaman

Audit opinion on SOE

We have audited the statement of expenditure (SOE) of the ''Integrated Agricultural

J'roductivity Project, for the year ended 30th June, 201 4. Submitted to the World

Bank for reimbursement f expenditure in accordance with the IDA Grand no TF-

010378 dated OlJanuar, 2011

The audit wa~ conducted foll )Wing International Standards on Auditing. Accordingly,

it in luded such tests of the •. ccounting records and supporting documentation review

of systems of Int rnal Control.So adopting necessary auditing procedures that we

considered essential under the circumstances.

Withdraw As/SOE Par t iculars

The par icular's of wi thdrawals on the basis of SOE as submitted to th audit

party are hown in the enclost:d statement.

OPINION

In our opinion .except as discussed in the section - II of this report .the

statement of expenditure SOE) submitted can be relied upon , to support the

applications for disbursement by the IDA against expendi ture incurred for the purpose

of the project as pecified in the particulars of withdrawal application

H. \ IRon IAPP.u<..: - 45-

~c ~ (" ~ o - ;v

(Md. Sofiqur H.ahmaor Deputy Director

for Director General Foreign Aided Project Audit Directorate

Tel: 9331027

Auditor's Rep ort on Spe cia1 Account.

I. We ha e audited the Special Account Statement of "Integrated Agricultural

Produdivit~ Project" financed by IDA Grand no TF 010378 under

BCCUF for Climate Channge Program, ' for the year ended 301h June

20 1-1-, under provision of IDA Grand no TF 010378 dated 1st January 201 1.

l i. Our auJit was c· rried out following international audi ting guidelines.

Accordingly our audi . includes such review of systems of internal controls,

tests of the accounting records and supporting documentation, verification of

account balances and ther auditing procedures that were considered necessary

under 1he circumstances.

III. The ac ompanying Special Account Statement was prepared on the basis of

cJ..,h dcpo. it. ' withdrawals for the propose of complying with the above

credit cm·enant.

I . In our opinion the receipts were properly accounted for and withdrawals

"·ere made for the purpose of the project in accordance with the Grand

Jgreemcnt and the above special account statement gives a true and fair view of

the begi nning and enLing balance and the account activity for the year ended

30 June, 2014 on the basis of cash deposit's and withdrawals.

Opinion Status: Unqualified.

H AIR •n lAPP ,1

~fLCY-c _3;,o ~ /;J - (V

(Md. Sofiqur I .ahman)l Deputy Director

For Director General ForeignAided Projec Audit Directorate.

Phone.9331027

- 46 -

Name of the Project: Integrated Agricul tu ral Productivity Project

For the Year Ending

Depository Bank Branch,Dhaka Agreement No.

Account No.

PART - A

CO NTASA A/C Activity

Description

OP . Ba lance as on 01.07.2013

ADD.

+Tota l amount deposited by Donor

+Total amount refunded to cover ineligilble Expenditure

Ded uct

- Total Amount withdrawn

2013-2014

Agrani Bank Ltd . Farmgate Branch,Dhaka.

Grant No.TF010378

36836000332.

Amount (Tk. In Lac)

71,669,473

890.814,099

771,636,950

Total Services charges if not included above in Amount withdrawn il

Ending Ba lance on 30-06-2014 190,846,622

--- ~-4-J ChaJrr y

Av. C • C..... tc.ifW..OI)

,. - _, .. _.._

PART-B(A/C Reconciliation)

1. Amount dvanced (initial deposit )

(-}Less Tota l Advance Recovered (if)

Current out standing

2. Ending bal ance on 30 .06 .2014

( +} AmoL.nt claimed but not yet credited

(+)Amount withdrawn but not yet claimed

(- } Less ir.terest e3rn ings (if incl ud ed in}

3 Equal of out standing

330,780,000

330,780,000

190,846,622

771,636,950

(SP/AC} 962,483,572

962,483,572

•

Integrated Agricultural Productivity Project Project Management Unit

Ban k Reconcilatio n Statement For the month of June'2014

Designated Account Bank A/c No. 0036836000332

Particulars

Ba lance As per Bank Statement as on 30.06.2014 Deposited Bank not Credit in Accounts

Date Cheque No . Particula r

Sub Total

Cheque Issue but Do not D1sburshme nt fro m Bank

Date Cheque No. Particu lar

29.01.2014 0842541 GOVT. Account

12.02.2014 0842550 GOVT. Account 26.02.2014 1058261 GOVT. Account

26.02.2014 1058262 GOVT. Account

27 .02. 2014 1058279 GOVT. Account

23 .03.2014 1058292 GOVT. Account

31 .03.2014 1058350 GOVT. Account

31.12 .2013 Bank short transfe r

20.04.2014 1058330 The Daily St ar 10 04.2014 1058322 GOV r. Account 16 .04.201-l 1058328 GOVT. Account

21 .04.2014 1058338 GOVT. Account

19.05.2014 1058371 Jas r- in

05.05.201 1 1053357 GOVT. Account

15.05.2014 105837 3 GOVT. Account 1!1.05.05 .20 1053378 GOVT. Account 12.06.2014 1053427 Ra mna 24 .06.2014 1058442 e.gin 24.06.2014 1058344 M/s Shikder 25.06.2014 1058445 Stanost

2.t.06 2014 1058343 Drik ICT 24.06.2014 1058434, 35,36 BADC

24.06.2014 1058437 BIM 2-+.06.2014 1058438 BIM

24.06.2014 1058439 BIM 2-l.06 .2014 1058440 BIM

30.06.2014 1076551 Mr. M Shahab Udd in 30 .{16.2014 1076552 Dr. Eft ekn aru l Alam

30.06 .2014 1016553 Mr. Masud Akte r Khan 30.06 .2014 107655 5 Md. Abdul Wadud 30.06.201£1 1076556 Mr. Golam Za karia 30.06 .2014 1076557 SK. Mahamud Ahmed

3Q.06 .2014 1076558 GOVT. Account 30.06.2014 1076560 Sa lc uddin Auto Mobile

30.06.2014 1076561 Ramna Petrol Pum p

30.06 .2014 1076562,63,64 M/s Huq Brotherss 30.06.20 14 1076565 Md . Babul Akhter 30.06.2014 1076566 Md . Kama l Hossain 30.06.2014 1076567 Md. Ahetasa mul Huq 30.06.2014 1076568 Md. Shohag Hossain 30.06 .2014 1076569 Md. Mirza Assaduzaman 30.06.2014 1076570 Mr. Aminul ls lam

AmountTk.

195,360,129.00

Amo unt Tk. -

-

Amount Tk.

2,613.00 1,033.00

12,860.00

3,330.00

1,733.00

1,710.00

476.00

300.00 17,458.00

6,135 .00 4,339. 00

12,432 .00

6,200.00 52,618.00

3,616.00 842.00

64,587.00 98,700.00

6,450.00 12,200.00

25,400.00 879,3 75.00 190,506.00 222,867.00

120,519.00 132,3 74.00

135,000.00

126,000.00

126,000.00 126,000.00 126,000.00 126,000.00

99,000 .00 13,509.00

43,223.00 220,500.00

4,625.00 8,088.00

12,111.00 5,802.00 7,350.00

13,500 .00

. ' ~r , · 1 1076574 IM. Shami'11 Ente· • • • 1 .1 nn oo 30.06.2014 1076575 1\lr . Salim Reza 2,700.00

30.06.2014 1076576 Kow~hik Rent a-car 8,500.00 30.06.2014 1076577 Mr. Sa ifur Rahma n Sujoon 25,221.00 30.06 .2014 10765 79 Md. Nasirruzzaman 35,200.00 30.06.2014 107b580 MD. Rokunuzzaman 4,000.00 30.06.2014 1076581 MR. Jadab Ch akraborty 2,700.00 30.06.2014 1076582 Mr. Saifur Rahman SJjoon 2,500.00 30.06.2014 1076583 Mr. Tow hidur Rahman 1,200.00 30.06.2014 1076586 M r. Saifur Rah man Sujoon 77,050.00

30.06.2014 1076584 Soadika Chmess Rest. 49,2 20.00 30 06.2014 1076585 M d. Kamal Hossain 19,986.00

30.06.2014 1076587 Md. Kama Hossa in 11,017.00

30.06. 2014 107 658 8 Mr. Shohag hossain 8,919.00

30.06.2014 1076589 t-. lr, ~ i a z Hossain 8,757.00 30.06. 2014 1076591 M/s Sanjida Traders 20,735.00

30.06.2014 1076593,94,95 BACC 150,129.00

30.06.2014 1076596 Dhaka Rent a-car 18,000.00

30.06.2014 1076597,98 Mr. Saifur Rahman Sujoon 71,475 .00

01.06.2014 1058392 GOVT. Account 5,976.00

01.06.2014 1058398 G()VT. Account 70,625.00 01.06.2014 1058399 GOVT. Account 15,673.00 12 .05.2014 1058417 GOVT. Accou nt 6,743 .00 1:.06.2014 105 S418 GOVT. Account 100.00 12 Oo .2014 1058424,25 GOVT. Account 84,600.00 30 06.2014 Tra r sfe r Fund Transfer 245,000.00 3J 06. 2014 1076571 Tele Track 369,495.00 30.06.2014 1076572 GOVT. Accoun t 72,450.00 30 06.201 <1. 1076573 GOVT. Account 41,055 .00

Sub Total 4,513,507.00 B ance as Cl "1 Cash bov~ on 30.0o_ 2014 190,846,622.00