Public Disclosure Authorized Henan Provincial Audit Office of the People's Republic of China Public Disclosure Authorized Audit Report it*y # [2018] 66 -# HENAN AUDIT REPORT [2018] NO.66 Public Disclosure Authorized Project Name: S :T 8370-CN Loan No.: 8370-CN Jiaozuo Green Transport and Safety Improvement Project Financed by the World Bank Public Disclosure Authorized Project Entity: Project Management Office of Jiaozuo Green Transport and Safety Improvement utn 2017 ACCOLinting Year: 201 7
目录 ColltentS 一 审计师意见....,....,,....,....,.... 1 T Auditor OPinion.,..,.,,,,..,....,.3 二 财务报表及财务报表附注...,,.,,,,....,..,,.... 5 1 lfinancial Statelnents and Notes to the Financia!Statelnents,., 5 ( 一 ) 资金平衡表....,....,.... 5 1.Balance Sheet....,....,... 5 ( 二 ) 项目进度表...., 7 11.Sulnlnal 下 ofsourcesandusesoffundsbyprojectcomponent,7 ( 三 ) 贷款协定执行情况表....,. 9 111.Statement oflmplementation ofloanagreement....,.. 9 ( 四 一专用账户报表....,...,,.,.,,....,.,., 二,10 iv.special Account Statelnellt....,...,.,....,... 10 ( 五 ) 财务报表附注.,....,., 二,.,.... 日 v.notes to the Financial StatementS....,....,..!4 三 审计发现的问题及建议,,,....,.....,., 18 川.Audit Findings tlnd Recomm 即 dations...,....,.... 20
一 审计师意见 审计师意见 焦作币绿色交通及交通安全综合改善项目管理办公室 : 我们审计了世界银行贷款焦作币绿色交通及交通安全综合改善项目 2017 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 17 页 ) ( 一 ) 项目执行单位及河南省财政厅对财务报表的责任 簖制上述财务报表中的资金平衡表 项目进度表及贷款协定执行情况表是你办的责任, 簖制专用账尸报表是河南省财政厅的责任, 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, 并佼其实现公允反映 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一 L 作的葱础少对财务报表发表审 : 十意见 我们按照中国国家审计准则和国际审一计一准则的规定执行了审计工作, 丘述准贝 l 要求我们遵守审计职业要求, 行戈 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毫 的有关证据我们买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 l
恰当的审计程序, 我们考虑了与财务报表相关的内邵控制, 但目的并非对内邵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 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簖制, 公允反映了世界银行贷款焦作市绿色交通及交通安全综合改善项目 2017 年 12 月 31 日的财务状况及截至该日同年度的财务收支 项目执行情况和专用账户收支情况 本审计师意见之后, 共同构成审计报告的还有两项内容 : 财务报表及财务报表附注和审计发现的问题及建议 中华人民共和国河南省审计厅 20 18 年 6 月 15 日 地址 : 中国河南省郑州币纬二路 27 号邮政簖码 :450003 电话 :86 一 0 3 71 一 65648377 传真 :86 一 03 71 一 65648053
1. Auditor's Opinion Auditor's Opinion To Project Management Office of Jiaozuo Green Transport and Safety Improvement: We have audited the special purpose financial statements (from page 5 to page 17) of Jiaozuo Green Transport and Safety In-iprovement Project financed by the World Bank, which comprise the Balance Sheet as of December 31, 2017, the Summary of Source,; 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 Henan Provincial Finance Department's Responsibility for the Financial Statements. The preparation of the Balance Sheet, the Summary of Sources and Uses of Funds by Project Cornponent and the Statement of Implementation of Loan A01reernent is the responsibility of your entity. while the preparation of the Special Account Statement is the responsibility of Henan Provincial Finance Department, which includes: i. Preparing and flair presenting the accompanying financial statements in accordance with Chinese accounting standards and system, and the requirements of the pro ject loan ap-reement; ii. Designing, implementing and maintaining necessary internal control to ensure that the financial staternents 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 Goverfinient 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 perforn-iing 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' 3
material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entities' 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 Jiaozuo Green Transport and Safety Improvement Project financed by the World Bank as of December 31, 2017, 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. 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. Henan Provincial Audit Office of the People's Republic of China June 15,2018 Address: No. 27, Wei Er Road, Zheng zhou, P.R China Postcode: 450003 Tel.: 86-0371-65648377 Fax: 86-0371-65648053 The English translation is for the convenience of report users; Please take the Chinese audit report as the only official version. 4
II. Financial Statements and Notes to the Financial Statements i. Balance Sheet,W ØT -km BALANCE SHEET 2017 4 12 31 f] As of December 31.2017 Project Narme: Jiaozuo Green Transport and Safety irnprovernent Project Financed by the World Bank tf! '1 : X f f Š1 4 & M 4 Prepared by: Project Management Office of Jiaozuo Green Transport and Safety Iniprovement,r, ff 411 : )" ý( ff ý- Currency Unit: RMB Yuan ne letining IIndingL Beginning Ending A pplication of Fund Sources of Fund alance Balance No. Balance Balance otal Prøject Expenditure,2 9 2~ 222 Toai Project Appropriatfon 28 20 I"66,9]08 339263 20 -- FunN ixda e Tran ferredroject Capital and Capihal 29 i ~~~~ - - -~ ~~1~~~ ------------ \osucn pendimure, to, he D sposed neludn r an it A trsituiotul T. Project Loan [--M 5 i 2 l,i 619>0~~~K, 10i7f,,0 itu0 1,rt ',t, ic 5 I\SISCIT mon ierinr n a r est Poetivsment La 1nvestmeni Iman Receil "M nedudmi W,rd Banik Iosn, nwt I~~~~~~~~~ ~ ~ tod i5~t ilt- I I F-e - -.------------ 4L L a fln R Ical A ppmpritron of Inesliment lunan1'-22i lli 47ot 2(1.luo, nank In,esnetw-i Ion. TIcun l _Opera tion ig N( Io he continued 5
Equipmetnt Co i- i nanembii~ ncluditi Susen, qu Ipmn tfi l sses in 8) 00 00 ItaahadBanik Domsti 2 P,an OhrLoan 72,8 236,',75,103.16 A ppropriation of Investmient 40 'Fil I Loan 4 41 ncludm, pec4al Accolnt Includming World Bik Loan i Idii 121du f -c12- i-dien Ias i fl~ onmdboilnd 5 I., ~42 F'und 1otal Prepatid and Reýciable 63, 80 3 7 4 0 297'8&0 Construction Expenditures to be 43 Offset Includu, i ld Bank ner,, Iters - 44 g S8 g88 o0 g 4 Total Payiabile Worldi c Baik La C itment Fe 8 inclinldmii, i n, n 45 1,245 52 25538 14 R ivable Interet Pavbl Worild Bank. Loan Seiu< c ee World Baniik Loaii nnimmiment 46, RI ci.i ble Fee Itavahle Marketahle N'elritie, ' r e i '.] ii4,1.*ik9.- - Ttiil Ficd - x sts Other Iavh 87.4 7 00 18 7 0114 sse Cs Appi:prii a p Fu nd Aii cumulted Depi ati on Retained 1-.arnnu '4 Hr d e d psa i-d Assei I isem, Iiupense l oral Appeation ofufnd I7tl4 of3 414l,4 4.44 i67 i3 8og43.4 4 444i00ii 6 Total Silurcesfun
(-) 41* ii. Summary of Sources and Uses of Funds by Project Component SUMMARY OF SOURCES AND USES OF FUNDS BY PROJECT COMPONENT I *R, 2017 4 l2 PJ 31 l For the period ended by December 3 1, 20 17 Project Name: Prepared by: Jiaozuo Green Transport and Safety Improvement Project Financed by the World Bank Project Managenent Office ofjiaozuo Green Transport and Safety Improvemen 94-1: A k fit Currency Unit: RMR Yuan Current Period C umiulative 1tompleted C'urrent Period Cu rrent Period Current M i ili Cumnulatiie (:umulative Period % Life of PA D % Budget Actual Actual Completed Total Sources of Funds 596 55 500 (0 172 856220.87 29.99% 1,199,603.100.00 143,981,23006 37e01% 71.719900 00 173 673 867 84 28 99% 609,971,100 00 240,031,966 65 39 35% IBIRD 1 99) 173607386,7.84 46 47. 609971,1ff0 240.0',%)6,65 13935% t outerpart Fnancing 222, 65.600 00 46 471 89,632,300 00 203,949,263 A1 34 59' Sownterpa I mancg from Locaj go,vrmicn1 v immalu in Project Appropratin Found 1 2221635,60o0-037% 589,632 300 00 3 949,263A1 34 59% Setal Applcation of unds by Procet 604 575,000 00 1 )0,1 720 8 4%.9960 400 00 207.232.202 4 78 o '1 toll 42 87 004 00 1 90 '94 " 0 84. 794400000.7 919 761 3 4 4' 412.,6.0 ((Ki 1,3 961 l 84`,1 4 046 600 00,99 2 423 lerencec4, 2 Chan,gewi Payables Ch0ange in Rece ab Chiange in iash and Bank 124,64 7.21 7
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( pu ) -Cfl *p &A iv. Special Account Statement SPECIAL ACCOUNT STATEMENT :,,ý kj M ;h 20 17 4 12 Jý 31 El (For flie period ended by Decernber 3 1. 2017 m 'ýh' ýý -Jfl ýk t 4-1ý1 1ýf ýr, "fli ýv Proýjeci Nanie: Jiaoimo Green Transport and Depository Bank: Pirig an Bank Co. Ltd. Saflety finprovennent Projlect Finariced by the AienozI-tou Branch World Bank NKýY: 11014741692006 ` ý` ý : 8370-CN!J 1-7- Account No. : 110 14743692006 Loan No: 8370-CN "f' ýfi f ý' ýa- 4- jý 3- -1 Å- Currency: USD Prepared by: Project Management Office of Jiaozue, Green Transport and Safetv linprovenient IVý:*VllnhtilJKP qkymffk l'art.k -,kcc(>uitt,lkctivilv for the Period kliffi knll)tlllt li`jfäýkji 13c2innmghalancc(Januan 12017) 4,079.040,33 M11 Add: MIi Deduct: l tal artiouiv deposited h.ý \Aord bark 22.502,654,75 fota[ intcrcstcamjdtjuýperiod fl deposited m Special Account 1-422,36 I otal ammint reftnieled to i:okcr iiieligillle experiditures - ----------- i otal amotiiii kn itlidram ii l 6-5 ý9,2 09 06 fi l'ý)talsersieceliirgesii'ji,)tiiieltidediiiaho\c i i dram l (Y.00',,9(ý8 38 13 311 ýf IJ- l a rt B - \ c e o ii n i R e e 4) 11 e i l i a t i o n Åmotint ad\anced hý ýkord bank ;WJ, fota[ ammitil ic,:mcicd lm ýkoid hunk Ii lo: ýiý, O tilýtýiiidiiiý_ ajtjolilj[ a(1s ýjjjcc(j jö tfje lýpc, 11 jot ý11 I )cc 3 1, 1017 l 0, 00 l 000390R 38 115t11 Add: fi'ý ýký Uj fý 1 it TWII,' 19'ý' 1ý M Jé "".j" \m'mnt elanned but noi et erecilied at iiiý3jitliidan,'.ýcar fja kf:tý ý5 k motait mitlidramii but 11o1 Net ellitiled 6 uniulat i ý e sej cc chawcý(il iim melmled iii iiem or 61, WP Dedtjet: Iiitere,ýt camed (iinicluded m Spcýial A,:couiit) 3.908,38 Yi IC'L 111l\ I otal adý atice lo ',peciýil Accourit accoumed for at Dcc 3 1, 2017 [0000,000 00 l 0
119960 l l:6.0997 60997 58963 2017 l:65342 1 2012 2016 2015 9 16 1499.62 2015 11 5 100 11 6110 92 12 4747.2 2016 8 25 94 11 CNG 4794 2()l5 8 19 2015 O 13 49.5663 10 49566.3 49566.3 20 15 8 20!5 10 13 48 2015 8 19 2015 11 11 2016 l 6 2016 {{
3 3 2016 5 30 2395527 507804 189.7 J ZsBZo4 a 2016 11 16 996.0716 10 99.60716 5612892.90 2017 9 11 41!3941 9 20 i 41 1394.14 43% 176899.48 2 2017 12 3 26579209.06 1000 l: 6.5342 73673867.84 36734713.76 1000 24003 1 966.65 203949263.41 2047669l().36 817646.97 2017 2017 51!01074.20 207232202.04 j 74689966.65 24 1 7 1 38.25 32542235.39 l
3 2 25567.44 19 42766&26 6 1 7388.52 3 JZSBZO4 A 10%,JZZX301 10%,J zzx303 25.52% 2017 12 31 13
v. Notes to the Financial Statements Jiaozuo Green Transport and Safety Improvement Project Explanations of 2017 Annual Statement The World Bank funded Jiaozuo Green Transport and Safety Improvement Project has planned total investment of RMB 1,199.60 million, of which World Bank (WB) loan amounts to USD 100 million, equivalent to RMB 609.97 million at the exchange rate of 1:6.0997, and the domestic counterpart fund amounts to RMB 589.63 million. This Project consists of four components, namely safe systern integrated corridor management, green corridor development, public transport improvement and institutional strengthening. The annual financial statement for 2017 refers to the exchange rate (USD to RMB) of 1:6.5342. 1. Project Construction and Operation Status The preliminary preparations of the Project started in 2012 and claim for withdrawal started to be submitted in 2016. At present, for the component A - safety systern integrated corridor management, bids for health and medical equipment procurement were opened on September 16, 2015; contract for arnbulances and rescue medical equipment was awarded to Jiangxi Jiangling Motors Group Vehicle Modification Co., Ltd. at the price of RMB 14,996,200. Currently, all vehicles have been delivered and in use. The contract value has been fully claimed from and disbursed by WB. For the component C - public transport improvement,, bids for procurement of the first batch N15, and of Xiamen buses King Long were opened I on Co November. Ltd. was 5, United Automobile Industry awarded the contract for 100 11 m-long wheel-chair friendly buses at the price of' RMB 61.10 million, Zhengzh0U YUt011g BUS elo., Ltd. was awarded the contract f'or 92 1 21n-long two-step buses at the price of RMB 47,472,000. At present, the buses have been delivered and in use. Payments to suppliers have all been fulfilled. Bids for procurement of the second batch of' buses were opened on Au,' )LlSt 25, 2016. Zhon-tong Bus Holding Co., Ltd. was awarded the contract 1'(-)r 94 1 li-n-long wheel-chair friendly buses (CNG-poNvered) at 14
the price of RMB 47.94 million. At present, the buses have been delivered and in use. Payments to suppliers have all been fulfilled. For the component D - institutional strengthening, study on the objectives and implement scheme of the improvement of road safety was reviewed on August 19, 2015 and contract negotiation was held on October 13, 2015. Traffic Management Research Institute of the Ministry of Public Security was awarded the contract at the price of RMB 495,663. Approximately 10% of the awarded contract price, amounting to RMB 49,566.30 has been paid to Traffic Management Research Institute of the Ministry of Public Security. The institute has finished all research reports under the contract. Progress payment of RMB 49566.30 has been claimed with supporting documents to Henan Provincial Department of Finance (HPDF), waiting for WB's deposit. Corridor baseline data survey subcomponent was reviewed on August 19, 2015, and contract negotiation was held on October 13, 2015. Henan Jiaozuo Local Social and Economic Survey Team was awarded the contract at the price of RMB 480,000. This subcomponent has been completed and WB has disbursed the full amount of the awarded contract price. For project management consultant service subcomponent, the short list was evaluated on August 19, 2015, technical proposals were evaluated on November 11, 2015, and financial proposals were evaluated on January 6, 2016. After contract negotiation dated March 3, 2016, Mott MacDonald Limited and Mott MacDonald (Beijing) Limited was awarded the project management consulting contract on May 30, 2016. Mott MacDonald's consultant team has been mobilized to Jiaozuo to carry out relevant activities. WB has disbursed RMB 2,395,527 for consulting services. Progress payment of RMB 507,804 is currently being claimed with disbursement documents submitted to HPDF, waiting for WB's deposit. Vehicle purchasing of education center development for transportation management bureau is a domestic counterpart funded component to procure large and medium-sized experience coaches, large experience trucks and experience cars. 7hengzhou Yutong Bus Co., Ltd. was awarded the contract for coach procurement, Suizhou Weiyuan Special Motors Sales Co., Ltd. was awarded the contract for truck procurement and Jiaozuo Huashun Motors Trade Co., Ltd. was awarded the contract for car procurement. The total contract value is RMB 1,897,000. which has been fully paid with the counterpart funds. I -
Bids for Intelligent Transport System (ITS) (JZSB204-a) were opened on November 16, 2016. The joint venture of Founder International (Beijing) Co., Ltd. and Zhengzhou Tiamaes Technology Co., Ltd. was awarded the contract at the.price of RMB 9,960,716. This component is now at implementation stage. WB has disbursed 10% of the awarded contract price, amounting to RMB 996,071.60. Progress payment of RMB 5,612,892.90 is being claimed with disbursement documents submitted to HPDF, waiting for WB's deposit. Bids for civil works of bus interchange at railway station north plaza were opened on September 11, 2017. Henan Capital Construction Co., Ltd. was awarded the contract at the price of RMB 4,113,941.32. Bus Company signed the contract with Henan Capital Construction Co., Ltd. on September 20, 2017. At present, Henan Capital Construction Co., Ltd. has furnished advancement payment guarantee and performance security and claimed 43% of advancement payment - RMB 411,394.14 - amounting to RMB 176,899.48, with disbursement documents submitted to HPDF, waiting for WB's deposit. 11. Payment and Utilization Status of WB Loan and Counterpart Funds As of December 31, 2017, USD 26,579,209.06 (including USD 10 million which is not utilized in HPDF's working fund account) was deposited by WB loan during this period, equivalent to RMB 173,673,867.84 at the exchange rate of 1:6.5342. Accumulative WB loan is USD 36,734,713.76 (including USD 10 million which is not utilized in HPDF's working fund account), equivalent to RMB 240,031,966.65. There is no plan for domestic counterpart funds in 2017. Accumulatively, RMB 203,949,263.41 of counterpart funds have been appropriated, RMB 817,646.97 less than the appropriation - RMB 204,766.910.36 - last year. The reason is that the planned amount for the project appropriation expenditures in previous year is subject to budget balance by the end of 2017. Project disbursement amounting to RMB 51,101,074.20 was accomplished in 2017, and project disbursement amounting to RMB 207,232,202.04 has accumulatively been accomplished. Sources of funds disbursed accumulatively include external borrowing amounting to RMB 174,689,966.65 (exchange gains or losses amounting to RMB 2,417,138.25) and domestic counterpart funds amounting to RMB 32,542,235.39.
Domestic counterpart funds intended to be used for the project have been appropriated to each component according to project progress in the light of financial stipulations without any occupation, embezzlement or waste. Claim for withdrawal of funds under the project is ongoing. III. Procurement and Materials Management Status A total of II contracts were signed in 2017 with the total contract value of RMB 253,777,400. Accumulatively, 19 contracts have been signed with the total contract value of RMB 427,662,600. Accumulatively, 6 contracts have been completed with the fulfilled contract value of RMB 173,885,200. Among other contracts being implemented, payments have been fulfilled according to project progress for 3 contracts (calculated on basis of percentage of disbursed amount, 10% has been completed under intelligent transport system of contract JZSB204-A; 10% has been completed under study on the objectives and implement scheme of the improvement of road safety of contract JZZX301; and 25.52% has been completed under project management consultant service of contract JZZX303). Procurement under Jiaozuo Green Transport and Safety Improvement Project has been in strict compliance with related provisions of Government Procurement Law of the People's Republic of China as well as WB's procedures and standards, properly going through all formalities and keeping reasonable records. Jiaozuo Green Transport Project Management Office December 31, 2017