Puntland State of Somalia (PSS) Public Financial Management Capacity Strengthening Project Phase II Project Number: P151492 Grant Number: TF0A388 Report and financial statements For the year ended 31 December 2021 Prepared in accordance with Cash Basis of Accounting method under the International Public Sector Accounting Standards (IPSAS),2017. Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 TABLE OF CONTENTS G LO SSA R Y O F TER M S............................................... .............................................................. . 1. IN T R O D U C T IONOD................................................................................................................................ 4 2. STATEMENT OF PROJECT MANAGEMENT'S RESPONSIBILITIES ..................................SOLT......7 3. INDEPENDENT AUDITOR'S REPORT.............................................................................................. 8 4. STATEMENT OF RECEIPTS AND PAYMENTS ....................................................................1........ 1 5. STATEM ENT OF FINAN CIAL A SSETS ............................................................................................... 6, STATEM ENT OF CA SH FLO WS.............................................................................................SH-...... . 7. STATEMENT OF COMPARISON OF BUDGET AND ACTUAL AMOUNTS....................................... 14 8. NOTES TO THE FINANCIAL STATEMENT .......................................I.......................... -- ..... .... -.- 15 ANNEX 1: ENTITY RECEIPTS VERSUS DONOR CONFIRMATION .............................................. ....27 ANNEX II: COMPARISON OF AUDITED AMOUNTS AND THE REPORTED AMOUNTS TO THE D O N O R S ........................................................................................R................................................... -... 2 ANNEX III CONFIRMATION BETWEEN APPLICATION FOR WITHDRAWALS AND RECEIPTS FROM T H E W O R LD B A N K ..................................................................................................................NK............. . 30 ANNEX IV LIST OF FIXED ASSETS ACQUIRED IN 2021.............................................................. 2 Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 GLOSSARY OF TERMS EAFS External Assistance Fiduciary Section FGS Federal Government of Somalia IFMIS Integrated Financial Management Information System IPSAS International Public-Sector Accounting Standard MDA Ministries, Departments and Agencies OAG Office of Auditor General P1U Project Implementation Unit PFM Public Financial Management PFMR Public Financial Management Reform PSS Puntland State of Somalia UNDP United Nations Development Programme UNOP United Nations Office for Project Services WB World Bank 3 Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 1. INTRODUCTION .I. Background information The Federal Republic of Somalia is faced with the challenge of rebuilding state institutions in the midst of recurrent and protracted conflict. The country's human development indic ators are among the lowest in the world, with most of the population living in rural areas. ades of conflict have led to the degradation and disintegration of state institutions, weak governance and poor service delivery. The collapse of central government has, also, led to fragmentation of the Somali state into regional governments with varying degrees of autonomy. Puntland, in the northeast, for example, is recognized by the Federal Government of Somalia (FGS) a' a Federa Member State. The economy is predominantly livestock based with heavily dependent on foreign aid and remittances. Transfer of power in August 2012 from a transitional to a full federal government in Mogadishu generated domestic political momentum and triggered a step-change in international re-engagement. Support for the government, from both international and domestic fronts grew following the Brussels Conference in September 2013 event which culminated in the endorsement of the Somali Compact which establishes a framework for partnership between the government and international community. While positive momentum has been generated. the need to demonstrate results to the people of Somali is an increasingly urgent support for government to establish credibility. Somali society is highly segmented, complicating the development of a unifying vision of ihe Somali state. The available resources are competed for by numerous societies. With lack of effective public financial management and integrity institutions, international assistance and humanitarian supplies proved vulnerable to diversion. The physical infrastructure, equiiment,. and records of many government agencies and ministries have been destroyed due to the onz civil war. The country has serious challenge with civil service and human resource capacity recruitment systems and human resource management are weak. Attracting qualified : sa major challenge due to low remuneration combined with the insecure environment. No structured training exists for government employees. At the centre of government, capacities tor planning, policy development and coordination are weak. No clear mechanisms, also. exist for monitoring and evaluation, except for selected donor-funded programs. In the past, donor engagement in the area of public sector capacity development has been limited. The FGS has now requested rapid World Bank and UNDP support to raise the capacity of the Government as articulated in the Somali Compact. The project is designed to rebuild the PFM institutions to address the engrain accountability challenges to improve citizen and donor confidence/trust in government and this will enhance state-building and the Government's legitimacy. Improved PFM institutions and systems will ultimately contribute to positive political and socio-economic outcomes. The Grant Agreement was signed on 22 July 2015 by the Federal Republic of Sonalia and International Development Association (World Bank), acting as administrator of the Somalia Multi-Partner Fund. The Subsidiary Agreement was signed on 10 August 2015 between the Federal R e of Somalia represented by the Ministry of Finance and Puntland State of Somalia represented b the Ministry of Finance. The Grant Agreement became effective on 10 Septembr .0 a' d is expected to close on 30 June 2022. The PFM Capacity Strengthening project phase two is supported by a grant of USD 6 million is focused towards supporting the PFM reforms in Puntland. Key objectives of the project The project development objective is to establish and strengthen institutional capacity for the management of public funds in Central Finance Agencies and targeted sectors. 4 Puntland State of Somalia Public Financial Management Capacity Strengthening Project 11 Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 1. INTRODUCTION (Continued) 1.1. Background information (Continued) Key components I activities of the project The project has four (4) components: Component 1: Revenue Mobilization, Planning and Budget Preparation Component 2: Treasury Management, Budget Execution, Procurement, Accounting and Financial Reporting and Puntland FMIS Component 3: Strengthening the Integrity Pillars Component 4: Public Financial Management Professionalization - is currently implemented by the Ministry of Finance at the FGS. Component 5: PFM Reform oversight; coordination and management Registered office Public Financial Management Reform Coordination Unit Garowe, Puntland Designated bank account First Community Bank Kimathi Street Branch Nairobi, Kenya Auditors Auditor General Office of the Auditor General Garowe, Puntland Fiduciary management External Assistance Fiduciary Section (EAFS) Office of the Accountant General Ministry of Finance Garowe, Puntland Project management Name Role Position Contact Information Puntland Omar Salah Aden Accountant Accountant General General AG@mofpstate.so Moahmed Abdi Elmi Director D - General-MoF ector General DG@mofplstaeso Abdulkadir Ahmed Project Project Hashi Coordination Coordinator abdulhashil I Igal .m --- Sai Imai SidFmnance Director of EAFS Mana ement Section saedlpognail .con Abdisak Mohamedead of EAS - Jama Accounts Section Gaadayarejr@gmi 1. on Abshir Abdulkadir Head of EAFS Ahmed Procurement Procurement Abshirciro25@gmai1coi.n section 5 Puntland State of Somalia Public Financial Management Capacity Strengthening Project 1l Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 1. INTRODUCTION (Continued) 1.2. Summary of overall project performance Physical progress So far, the following have been done; * 75% of MDA audits (including, pro-poor sectors) have been completed and published. * 25% of appropriated expenditures are now processed through the commitment system. * Puntland's revenue administration's capacity to administer tax based on inodern principles measured by the number of large and medium taxpayers using automated procesin stands at 2,207 taxpayers. However, their registration is not automated as the firm that will help set this up is currently being procured. 1.3. Audit objectives In line with the Grant Agreement and the Puntland Audit Law, the Office of the Auditor Genera was mandated to carry out external audit of the project for the period 1 January 2021 to 3 December 2021. The specific objectives of the audit were to enable the Auditor General to express n ion to whether; * The Project funds received and expenditures incurred during the fiscal year xer thle purpose intended; * The Project books of accounts were kept based on the Generally Accepted Accounting Principles (GAAP) and the International Public-Sector Accounting Standards (IPSAS) Cash Basis and the financial transactions therein reflect a true record of the transactions that took place during the period; and * Adequate Internal Control processes and systems were maintained by the implementing agencies during the period under the audit. 1.4. Audit scope The audit report covers the statement of receipts and expenditure of Second Public Financia Management Project for the period I January 2021 to 31 December 2021. The audit also assessed PFM internal control's structure relevant to the Project Agreement and the project linancial management. 6 Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 2. STATEMENT OF PROJECT MANAGEMENT'S RESPONSIBILITIES The Accountant General, the Director General (Authorizing Officer) for the Ministry of Finance and the Project Coordinator for The Second Public Financial Management Project are responsib e for the preparation and presentation of the Project's financial statements, which give a true and ia view of the state of affairs of the Project for and as at the end of the year ended 31 December 202. This responsibility includes: (i) maintaining adequate financial management arrangements and ensuring that these continue to be effective throughout the reporting period; (ii) maintaining proper accounting records, which disclose with reasonable accuracy at any time the financial transactions of the Project; (iii) designing, implementing and maintaining internal controls relevant to the preparation and fair presentation of the financial statements, and ensuring that they are free from materal misstatements, whether due to error or fraud; (iv) safeguarding the assets of the Project; (v) selecting and applying appropriate accounting policies; and (vi) making accounting estimates that are reasonable in the circumstances. The Accountant General, the Director General for the Ministry of Finance and the Project Coordinator for Second Public Financial Management Project accept responsibility for the Project's financial statements, which have been prepared in accordance with the Cash Basis International Public Sector Accounting Standards (IPSAS) 2017 and the funding agreement. The Accountant General, the Director General for the Ministry of finance and the Project Coordinator for The Second Public Financial Management Project are of the opinion that the Project's financial statements give a true and fair view of the state of Project's transactions during the financial year ended 31 December 2021, and of the Project's financial position as at that date. The Accountant General, the Director General for the Ministry of Finance and the Project Coordinator for the Second Public Financial Management Project further confirm the completeness of the accounting records maintained for the Project, which have been relied upon in the preparation of the Project's financial statements as well as the adequacy of the systems of internal financial control. The Accountant General, the Director General for the Ministry of Finance and the Project Coordinator for the Second Public Financial Management Project confirm that the Project has complied fully with applicable laws, regulations, procedures and the terms of external financing covenants (where applicable), and that the Project's funds received during the year under audit were used for the eligible purposes for which they were intended and were properly accounted for. Approval of the project financial statements The Project financial statements were approved and signed by the Accountant General, the Director General for the Ministry of Finance and the Project Coordinator for Second Public Financial Management Project on ..................................... 2022 and signed by them as here be ow: Project oordinator Accountant General, Puntland Abdulkadir Ahmed Hashi Omar Salah Aden D#t Date. ~~7 3. INDEPENDENT AUDITOR'S REPORT To the office of the Accountant General (OAG) for the World Bank funded Second Public Financial Management Capacity Strengthening Project Phase II, Project Number P151492, Grant Number TF0A388 3.1 Report on audit of the financial statements Opinion We have audited the accompanying financial statements of the Second Public Financial Management Capacity Strengthening Project, Project Number P151492, Grant Number TF0A388 set out on p 11 to 26, which comprise the statement of financial assets as at 31 December 2021, statement of receipts and payments, statement of budget comparison with actual and the statement of cash flows for the year then ended, and notes to the financial statements, including a summary of significant accounting policies. In our opinion, the accompanying financial statements give atrue and fair view of the financial position of the Second Public Financial Management Capacity Strengthening Project, Project Number P151492. Grant Number TF0A388 as at 31 December 2021 and of its financial performance and cash flows for the year then ended in accordance with International Public Sector Accounting Standards (Cash Bass and the requirements of the Financing Agreements Grant Number TF0A388. Basis for opinion 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 o' Aut- ofthe Financial Statements section of our report. We are independent of the Project in accordance with the International Ethics Standards Board for Accountants' Code ofEthics.for Professional .Auntants (IESBA Code) together with the ethical requirements that are relevant to our audit of the financial statements, and we have fulfilled our ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis fo our opinion, Other information The management for the project is responsible for the other information, which comprise the nnexes and background information which was obtained prior to the date of this auditor's report. Th other information does not include the financial statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent wit the financial statements, or our knowledge obtained in the audit or otherwise appears to be materially misstated. If, based on the work we have performed on the other information that we obtained prior to the date of this auditor's report, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. 8 3. INDEPENDENT AUDITOR'S REPORT (Continued) To the Office of the Accountant General (OAG) for the World Bank funded Public Financial Management Capacity Strengthening Project Phase II, Project Number P151492, Grant Number TF0A388 (Continued) 3.1 Report on audit of the financial statements (continued) Responsibilities of management and those charged with governance for the financial statements Management is responsible for the preparation and fair presentation of the financial statements in accordance with International Public Sector Accounting Standards (Cash Basis) and for such internal control as management determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is responsible for assessing the Project's ability to continue sustaining services, disclosing, as applicable, matters related to sustainability of services and using the going concern basis of accounting unless the management either intend to terminate the Project, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the 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 financial statements. As part of an audit in accordance with ISAs, we exercise professional judgment and maintain professional scepticism 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 Project'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 the 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 Project's ability to continue sustaining its services. 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 suc disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditis may cause the Project to cease sustaining its services; and * Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. 9 3. INDEPENDENT AUDITOR'S REPORT (Continued) To the Office of the Accountant General (OAG) for the World Bank funded Public Financa Management Capacity Strengthening Project Phase II, Project Number P151492, Grant Number TFOA388 (Continued) 3.1 Report on audit of the financial statements (continued) Auditor's responsibilities for the audit of the financial statements (Continued) We communicate with management regarding, among other matters, the planned scope and tng the audit and significant audit findings, including any significant deficiencies in internal cOnr we identify during our audit. Abdirizak Omar Farah, Auditor General, Puntland Garowe, Puntland 2022 10 Puntland State of Somalia Public Financial Management Capacity Strengthening Project I Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 4. STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2020 USD USD Receipts Grant receipts 8.2 3.025,725 2 - Total receipts 3,025,725 2,022,44 Payments by budget components Component 1: Revenue Mobilization, Planning and 8.3 557,383 Budget Preparation Component 2: Treasury management, budget execution, procurement, accounting, and financial 8.4 1,844,694 reporting Component 3: Strengthening the Integrity Pillars 8.5 - Component 5: Project oversight, coordination, and 8.6 385,786 419,132 management Total payments 2,787,863 2477,151 GRANT BALANCE 237,862 5470) Represented by: Opening fund balance 18,887 , 9 Other adjustments (Opening balance adjustments) 8.8 3,125 Surplus / (deficit) in the year 237,862 (1 54.o Fund balance 8.7 259,874 1 88 The accounting policies and explanatory notes to these financial statements form an integra part of the financial statements. The financial statements were approved on ........................ and signed on by ...... w...t Proj t Coordinator Accountant General, Puntland Abduil Ahmed Hashi Omar Salab Aden Date.....2 Date.. .... Date Date. 01 Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 5. STATEMENT OF FINANCIAL ASSETS AS AT 31 DECEMBER 2021 Notes 2021 202 USD ISD Assets Cash and cash equivalents 8.7 259,874 Total Assets 259,874 1888 Represented by Opening accumulated surplus 18,887 I60,819 Other adjustments (Opening balance adjustments) 8.8 3,125 12 Surplus / (Deficit) in the year 237,862 Net financial position / Fund balance 259,874 8,8 The accounting policies and explanatory notes to these financial statements form an integral part of the financial statements. The financial statements were approved on ............... and signed on by Project Coordinator Accountant General, Puntland Abdulkadir Ahmed Hashi Omar Salah Aden Date. ... Date ... .. . . 12 Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 6. STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 DECEMBER 2021 Notes 2021 020 USD Cash flows from operations Grant receipts 8.2 3,025,725 Expenditure (2,787,863) (,1 A. i Net cash generated froml(used in) operations 237,862 (54 78 Cash and cash equivalents as at 1 January 18,887 60.8 Other adjustments 3,125 - Cash and cash equivalents as at 31 December 87 259,874 18,8 The accounting policies and explanatory notes to these financial statements form an integral prt of the financial statements. The financial statements were approved on .................. ...... and signed on by ............ Project Coordinator Accountant General, Puntland Abdulkadir Ahmed Hashi Omar Salah Aden Date-&+-/-- 2022 Date- -- -,2022 13 Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 7. STATEMENT OF COMPARISON OF BUDGET AND ACTUAL AMOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021 Budget Actual Budget PeIcntage USD USD USD Receipts World Bank (Somalia Multi-Partner Fund) 4,543,176 3,025,725 1,517,451 Total receipts 4,543,176 3,025,725 1,517,451 33% Expenditure Component 1: Revenue Mobilization, Planning 1,500,000 557,383 942,617 63% and Budget Preparation Component 2: Treasury management, budget execution, procurement, accounting and financial 2,474,254 1,844,694 629,560 reporting, Strengthening the Integrity Pillars Component 5: Project oversight, coordination and 568922 385,786 183.136 32% management Total expenditure 4,543,176 2,787,863 1,755,313 3 39% The budget variance was USD 1,755,313 (39%), the budget runs up to 31 December 2021 The accounting policies and explanatory notes to these financial statements form an integra par of the financial statements. The financial statements were approved on ...................... and signed on by Project Coordinator Accountant General, Puntland Abdulkadir Ahmed Hashi Omar Salah Aden Date ~14 Date 0 A 14 Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number Pl51492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 8. NOTES TO THE FINANCIAL STATEMENT 8.1. Significant accounting policies a) Basis of preparation of the financial report The financial statements have been prepared in accordance with the Cash-Basis IPSAS financial reporting under the cash basis of accounting, as prescribed and set out in the accounting policies noted below and comply with the International Public-Sector Accounting Standards (IPSAS), Cash Basis. The accounting policies adopted have been consistently applied to all the years presented. b) Foreign currency transactions The functional currency is the United States Dollar (USD) and the reporting currency is also the United States dollar. Items included in the financial statements are measured inl the currency of the primary economic environment in which the entity operates. c) Reporting period The reporting period for these financial statements is the 2021 financial o he Government, which runs from I January 2021 to 31 December 2021. d) Grant receipt Receipts represent cash received by the Project during the period and comprise solely giants received from the World Bank under the Somalia Multi-Partner Fund (SMPF). Thes grant receipts have been recognized when received into the Projects Designated Accoun (DlA) in line with IPSAS Cash Basis. e) Project expenditure Expenditure represents outlays of cash made by the Project and/or the World Bank for and on behalf of the Project. The expenses comprise both operating and capital expenditure and are recognized in the books of account when paid out in line with IPSAS Cash Basis. 1) Cash and cash equivalents Cash and cash equivalents comprise cash at bank. Bank account balances include amounts heid at the commercial banks at the end of the financial year. g) Budgets The budget is developed on a comparable accounting basis (cash basis), the sane accounts classification basis and for the same period as the financial statements. The Project's budget was approved as required by the donor and participating partners. A high-level assessment of the Project's actual performance against the comparable hudget lor the financial year under review has been included in under Section 7 to these financial statements. h) Comparative figures Where necessary, comparative figures have been adjusted to conform with changes in presentation in the current year. 15 Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 8. NOTES TO THE FINANCIAL STATEMENT (CONTINUED) 8.1. Significant accounting policies (Continued) i) Statement of reporting currency The financial statements are presented in United States Dollars (USD), which is thC i and reporting currency of the Project. 8.2. Grant receipt Description 2021 2020 USD USD Grant receipts (Somalia Multi-Partner Fund) 3,025,725 2,022.443 Total 3,025,725 2,022,13 The World Bank has disbursed USD 3,025,725 to PFM Project II as follows: - Date received Reference Description Amount 30 December 2021 PUNT 154 Direct transfer 91. 182 29 December 2021 PUNT 152 Direct payment 16,92 29 Deceiber 2021 PUNT 151 Direct payment I1.133 21 December 2021 PUNT 150 Direct payment 13. 7 10 December 2021 PUNT 149 Direct transfer 21 2 10 December 2021 PUNT 148 Direct payment 4 01 29 November 2021 PUNT 147 Direct payment 81he 12 November 2021 PUNT 146 Direct payment I 008 09 November 2021 PUNT 145 Direct payment 13 03 November 2021 PUNT 144 Direct transfer 231108 02 November 2021 PUNT 143 Direct payment 18.9 03 November 2021 PUNT 142 Direct payment S.89 06 October 2021 PUNT 141 Direct payment E. 06 October 2021 PUNT 140 Direct payment 8.9 06 October 2021 PUNT 139 Direct payment _4 06 October 2021 PUNT 137 Direct payment ' 1 06 October 2021 PUNT 138 Direct payment 1.80 06 October 2021 PUNT 133A Direct payment 18.29> 21 September 2021 PUNT 136 Direct transfer 351,702 21 September 2021 PUNT 135 Direct payment 2_ .084 16 September 2021 PUNT 132 Direct payment .370 14 September 2021 PUNT 131 Direct payment I 3 6 14 September 2021 PUNT 129A Direct payment 13,770 16 Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 8. NOTES TO THE FINANCIAL STATEMENT (CONTINUED) 8.2. Grant receipt (Continued) Date received Reference Description Amount 10 September 2021 PUNT 130 Direct payment1 07 September 2021 PUNT 128 Direct payment 91,80 07 September 2021 PUNT 124A Direct payment 16,6 - 12 August 2021 PUNT 127 Direct payment _ 70 09 August 2021 PUNT 126 Direct transfer 216 30 July 2021 PUNT 125 Direct payment 31 23 July 2021 PUNT 122 Direct payment 1 23 July 2021 PUNT 123 Direct payment 189 30 June 2021 PUNT 121 Direct transfer 218(6 09 June 2021 PUNT 119 Direct payment 8,121 09 June 2021 PUNT 120 Direct payment 12.7 08 June 2021 PUNT 118 Direct payment 56 08 June 2021 PUNT 115 Direct payment 1 08 June 2021 PUNT 116 Direct payment 4 08 June 2021 PUNT 117 Direct payment 17 May 2021 PUNT 113 Direct payment 17 May 2021 PUNT 112 Direct payment 13-May-2021 PUNT Il1 Direct payment 1 13 May 2021 PUNT 114 Direct payment 29 April 2021 PUNT 108 Direct transfer 62 26 April 2021 PUNT 106 Direct payment 1 26 April 2021 PUNT 107 Direct payment 1 15 April 2021 PUNT 105 Direct payment 10-726 24 March 2021 PUNT 104 Direct payment 61 17 March 2021 PUNT 103 Direct payment 1,816 12 March 2021 PUNT 102 Direct transfer 500,000 10 March 2021 PUNT 101 Direct payment 4 2,99 10 March 2021 PUNT 100 Direct payment 9,288 10 March 2021 PUNT 98 Direct payment 4.)82 08 March 2021 PUNT 99 Direct payment 1 2715 22 February 2021 PUNT 97A Direct payment 1 1.24 18 February 2021 PUNT 95A Direct payment 1 10 February 2021 PUNT 96 Direct payment 3 4 Total grant received 3,02502 17 Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 8. NOTES TO THE FINANCIAL STATEMENT (CONTINUED) 8.3. Component 1: Revenue mobilization, planning and budget preparation Description 2021 2020 USD USD Sub-component 1.1: Individual consultant for strengthening planning and budget preparation 557,383 32L8 Sub-component 1.3: Firm for revenue mobilization, forecasting and tax administration Total 557,383 321,080 8.4.Component 2: Treasury management, budget execution, procurement, accoun and financial reporting Description 2021 202 USD Sub-component 2.1,2.2 &2.4 firm for treasury management and budget execution; PFM legal framework; Comprehensive operating procedures 911,742 536.129 manual (COPM); accounting and reporting and financial TA for the bespoke FMIS Sub-component 2.3 Bespoke FMIS application developer Sub-component 2.4 In-house FMIS Manager, system quality audit, Treasury TA, FMIS operation and Internet 660,000 646I8 Cost Sub-component 2.5,2.6 2.7 Total 1,844,694 1-136 939 8.5.Component 3: Strengthening the Integrity Pillars Description 2021 200 USD Sub-component 3.1: Firm for Supreme Audit Institution SAI including supply and implementation of ACL/CATTS & 3.2 Legislative oversight: Public Accounts Committee (PAC) & Budget Committee, supply of IT equipment, Training, workshops, seminars and peer-learning Total 18 Puntland State of Somalia Public Financial Management Capacity Strengthening Project 11 Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 8. NOTES TO THE FINANCIAL STATEMENT (CONTINUED) 8.6. Component 5: Project oversight, coordination and management Description 2021 2029 USD lSD Sub-component 5.1: PFMRCU Coordination 385,786 1 Sub-component 5.2 Reform Oversight Committee (ROC), Technical Steering Committee (TSC) PFM Reform Coordinating Unit (PFMRCU) Sub-component 5.3 PFMRCU furniture & fittings and IT equipment Total 385,786 419. 132 8.7. Cash and cash equivalents Description 2021 20 USD USD Designated Bank Account Number 0012488204 259,874 S. Total: Cash and cash equivalents 259,874 18.887 8.8. Opening balance adjustment Description 2021 2)21 USD 71) Adjustment (Opening balance adjustment) * 3,125 12 Total: Adjustment 3,125 j , *The current year opening balance adjustment relates to a bank error where the bank erol&n- debited the project's account, and this was erroneously accounted for in the books of ac oulnItL. 8.9. Reconciliation between application for withdrawals and receipts from the World Bank Application With drawal Ac tual Date of application ADate of receipt Dftre number application receipt USD USD LSD 28 December 2021 PUNT 154 191,182 30 December 2021 191,182 20 December 2021 PUNT 152 16,392 29December2021 16,392 20 December 2021 PUNT 151 11,133 29 December 2021 11,133 09 December 2021 PUNT 150 13,770 21 December 2021 13,770 09 December 2021 PUNT 149 212,225 10 December 2021 212,225 08 December 2021 PUNT 148 40,141 10 December 2021 40,141 19 November 2021 PUNT 147 8,102 29 November 2021 8102 09 November 2021 PUNT 146 15,008 12 November 2021 15,008 19 Puntand State of Somalia Public Financial Management Capacity Strengthening Project 11 Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 8. NOTES TO THE FINANCIAL STATEMENT (CONTINUED) 8.9. Reconciliation between application for withdrawals and receipts from the World Bank (Continued) Date oflicappnlicatiowalActual irne Date of Application Withdrawal Date of receipt Difcft e number application receipt USD UJSD ~ 1 06 November 2021 PUNT 145 6,213 09 November 2021 6,213 31 October 2021 PUNT 144 232,108 03 November 2021 232 108 25 October 2021 PUNT 143 18,292 02 November 2021 18,292 25 October 2021 PUNT 142 8,890 03 November 2021 8.890 05 October 2021 PUNT 141 23,703 06 October 2021 23,703 02 October 2021 PUNT 140 8,961 06 October 2021 8,961 28 September 2021 PUNT 139 45,524 06 October 2021 45,524 28 September 2021 PUNT 137 25,431 06 October 2021 25431 28 September 2021 PUNT 138 1,807 06 October 2021 1,807 25 September 2021 PUNT 133A 18,293 06 October 2021 18,293 19 September 2021 PUNT 136 351,702 21 September 2021 351,702 - 19 September 2021 PUNT 135 2,084 21 September 2021 2.084 14 September 2021 PUNT 132 25,370 16 September 2021 25,370 11 September 2021 PUNT 131 3,136 14 September 2021 3,136 11 September 2021 PUNT 129A 13,770 14 September 2021 13770 09 September 2021 PUNT 130 11,808 10 September 2021 11.808 01 September 2021 PUNT 128 9,146 07 September 2021 9.146 22 August 2021 PUNT 124A 16,625 07 September 2021 16.625 04 August 2021 PUNT 127 7,970 12 August 2021 7.970 03 August 2021 PUNT 126 247,216 09 August 2021 247,216 28 July 2021 PUNT 125 3,136 30 July 2021 3.136 18 July 2021 PUNT 122 12,715 23 July 2021 12,715 18 July 2021 PUNT 123 18,292 23 July 2021 18,292 28 June 2021 PUNT 121 218,967 30 June 2021 218,967 06 June 2021 PUNT 119 8,121 09 June 2021 8.121 06 June 2021 PUNT 120 12,715 09 June 2021 1.2715 03 June 2021 PUNT 118 1,562 08 June 2021 1.562 03 June 2021 PUNT 115 12,364 08 June 2021 12364 03 June 2021 PUNT 116 46,694 08 June 2021 46,694 03 June 2021 PUNT 117 9,146 08 June 2021 9,146 09 May 2021 PUNT 114 1,620 13 May 2021 1,620 08 May 2021 PUNT 113 6,768 17 May 2021 6,768 06 May 2021 PUNT 112 3,136 17 May 2021 3,136 04 May 2021 PUNT Il l 11,133 13 May 2021 11.133 20 April 2021 PUNT 108 436,203 29 April 2021 436203 20 Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 8. NOTES TO THE FINANCIAL STATEMENT (CONTINUED) 8.9. Reconciliation between application for withdrawals and receipts from the World Bank (Continued) Date of application Application Withdrawal Date of receipt Actual Difference number application receipt USD USD USD 19 April 2021 PUNT 106 18,231 26 April 2021 18,231 - 9 April 2021 PUNT 107 12,715 26 April 2021 12,715 - 08 April 2021 PUNT 105 10,726 15 April 2021 10,726 - 18 March 2021 PUNT 104 6,212 24 March 2021 6,212 - 14 March 2021 PUNT 103 1,816 17 March 2021 1,816 - 06 March 2021 PUNT 101 42,599 10 March 2021 42,599 - 06 March 2021 PUNT 100 9,288 10 March 2021 9,288 - 06 March 2021 PUNT 102 500,000 12 March 2021 500,000 - 22 February 2021 PUNT 99 12,715 08 March 2021 12,715 - 18 February 2021 PUNT98 4,982 10 March 2021 4,982 - 10 February 2021 PUNT 97A 11,241 22 March 2021 11,241 - 10 February 2021 PUNT 95A 3,136 18 February 2021 3,136 - 31 January 2021 PUNT 96 3,490 10 February 2021 3,490 - Total 3,025,725 3,025,725 - 8.10.Undrawn external assistance The Undrawn grant facilities available to fund future operations under binding agreements and where the terms and conditions are to be met, consist of: Description 2021 2020 USD USD Somalia Multi-Partner Fund (MPF) 619,915 3,646,083 Total undrawn grant facilities 619,915 3,646,083 Undrawn grant facilities relate to an amount of USD 619,915 to be disbursed by the World Bank under the Somalia Multi-Partner Fund (MPF) and is stipulated to strengthen the staffing and institutional capacity of selected line ministries and central agencies to perform core government functions. 21 Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Proiect Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 8. NOTES TO THE FINANCIAL STATEMENT (CONTINUED) 8.11. Designated bank account balance The designated account balance as at 31 December 2021 is detailed below: - Designated Account Reconciliation Statement Ban Nme:FistCommunity Bank Branch Name: Kimathi Branch, Nairobi Bank Account Number: 001248804 USD ICumulative receipts to end of current reporting period - 31 December 2021 10,616,210 2. Cumulative expenditures to end of current reporting period - 31 December 2021 10,356,336 3. Outstanding advances to be accounted (1-2) 298 ---------259,8741 [Part If t 4. Opening balance at beginning of reporting period (per Bank statement)1g,g8 [. Add/Subtract: Cumulative adjustments (opening balance adjustments) 3,125 6. Grants received from the World Bank during current reporting period 3,025,725 7. Closing balance at end of current reporting (per Bank statement) 259874 Outstandin amount of advaces to be accounted for (4+5+6-7) 2,787,8 9 Total Expenditures reported for current reporting period, including this 2,787,863 10. Difference (if any) 9-8 Remarks 1A None 8.12.Events after reporting date There are no subsequent events that have occurred after the reporting period which are either to be disclosed that could materially affect the financial report of the Project or curtails its activities in attaining its objectives. 8.13. Capital expenditure During the reporting period to 31 December 2021, the project incurred capital expenditure of USD 208,870. 22 Puntland State of Somalia Publec Financial Management C apacity Strengthcoening iec Pro&ct Nunmber P151492, Gr'ant Number VFOA388 Report aind financia statenments Fo ryear ended 31 Decenmber 2021 8. NOTES TO THE FINANCIAL STATEMENT (CONTINUED) 1-LProgress on follow uq of recommendations from the Auditor General reviews Late payment of salar esThe-DRM solved. The salaries for Mrs Ruqiya Mohamed, communications specialist, for the month of May, June place strong controls to PFM and July 2020 were paid in lump sum in the month of September 2020, although she was on a esr tha t rle to The scheduled and approved maternity leave. employees Management due for maternity leave are has noted the ation identified and a special recommendat was not consideration is put in place ion and will implenented and to ensure that benefits due to comply with has been reiterated. them are paid while in it in the absence. future. Mis-postings in expenditureedtr.aa gmn t should ensure EAFS has Not resolved We noted instances where consuhancy fees and bank charges were incorrectly posted as salaries that monthly reconcieiations taken note in the Puntland State Financial Management System as summarized below, between control accounts in adwl h the general ledger and the rectify in recommendation . subsidiary ledgers are done. future. wasnt Any unusual account balances V 0 2110202- 2110202 Consultancy 29,988 2711000- noted should be investigated has been reiterated. 43/03/2020 ProductionfefoOsaCosligadadrovdpomtyo related ElmiConsulting and d alloaes Professional Fees avoid, detect and correct any PV/ 2110202- 2110202 Consultancy 14,994 271 1000- _ err popl *31/06/2020 Production fee for Osman Consulting and related Elmi Professional Fees allowances PV/ 2110202- 2110202 Bank charges 254 2410100- 33/0312020 Production . related Conttngency allowances 2110202- 2110202 Bankcharges 107 2410100- 44/03/2020 Production Contingency related Em rfsinlFe allowances PV/ 2110202- 2110202 Bankcharges 113 2410100- 1/09/2020 Production Contingency 23 Puntland State of Somalia. Public Financial Manageent Capacity Strengthern Project N umb er Pl5 1492Y Grant Numbner TFP0A388 Report and flnandal statemnts Fur year ended 3December 202 Weakness in preparation of bank reconciliations Management should amend EAFS has Even though the monthly bank balances reconciled to the monthly bank statement balances for tnemplate in order toemented Rcolmeson the period under review, we noted that the project had filed bank reconciliations which included include the correct items this in the during preparation of bank system in was partially reconciliations Ifinancial year imlend.Rk Total monthly Receipts and bank interest to date, per cash book 201r en teo ank prepared however Total monthly payments and bank charges per cash book management are no When the EAFS accountant is preparing the bank reconciliation she deducts the total expenses longer reviewing and bank charges from the bank credit balance. Important items required to be included as per the reconciliation the EAFS manual in the bank reconciliation template were missing at the time of review. They include; * Outstanding / late deposits that appear in the cash-at-bank ledger account and not on the bank statement * Cheques not presented or electronic funds transfers (EFT) that appear in the cash at bank ledger account and not on the bank statement * Items appearing only on the bank statement that do not appear in the cash-at bank ledger account, for example fees charges, interest, commissions Errors made in entering items in the cash-at-bank ledger account and/or errors made by the bank on the bank statement W eakness. in asset.. mana emen ---- ....--- .- ----- ... .. ------ Weakness in asset management We recommend that the fixed The project Not resolved We noted the following weaknesses in asset management. assets are insured, and the management I) Project assets were not insured 1 Pjtstentnrfixed asset register updated will work 2) No asset count was conducted in the year andSpopertagging with was o t 3) The tag numbers on the assets were different from those on the asset register with nd loper An proimplemented. 4) Tag numbers for assets acquired in 2015,2016 & 2017 were deleted wuthould lo Ane eam that 5) The assets register did not contain the asset supplier names and serial numbers for periold to ensure th at office equipment. offce qupmet.periodically to ensure the the asset correctness of information management In addition, we noted that some assets in the fixed asset register were not available at the time of contained in the asset register. is updated, verification as shown below; and the count 24 Puntland State of Somalia Publcr Fiania! RMagemnme Cadtpac Strengthen!im Pro ect Project \umber P C1, Grant Number TF0A388 Report a s Laial sa ptement or year endu 3 December A22 1 69Laptop/4wl3f82' Muse Darman State Bank $435.00 2 642 Laptop/YV03F827 State Bank State Bank $435.00 3 643 Laptop/H203F82 Ali Jana State Bank $435.00 4 735 Laptop/CND74220J3 PAC Parliament $750.00 5 736 Laptop/CND7402JW2 PAC Parliament $750.00 6 737 Laptop/CN742203X PAC Parliament $750.00 7 738 Laptop/CND7422CNJ PAC Parliament $750.00 8 739 Laptop/CND742209C PAC Parliament $750.00 9 740 Laptop/CND74220JZ PAC Parliament $750.00 10 741 Laptop/CND742205Y PAC Parliament $750,00 Underutilization of the PL-FMS -recommendthatthe EAS has Resolved We noted that the IFMIS currently being used has some limitations detailed as below: Ministry of Finance (MoF) taken note. a) The bank reconciliations cannot be carried out within the system environment and the enhance the capacity of the EAFS staff use excel to do bank reconciliations. unit to be able to undertake b) Cashbook is not prepared in the IFMIS system, but it is prepared on MS Excel, effective internal audit Quarterly financial report downloaded from the system doesn't incorporate the components and monitoring reviews of the the sub-components of the project. projects. Lack of internal audits We recommend that the EAFS Agrees Not resolved The PFM 11 Project transactions for the period I January 2020 to 31 December 2020 were not Ministry of Finance (MoF) with the audit subjected to internal audit. This was due to the lack of an internal audit function or Department establishes the internal audit finding that function within the project to during this recommendation oversee the risk assessment reporting was not and mitigation functions of period no implemented as the Government Ministries internal there is no mtemal and of the Projects exercise implemented by the personnel Ministries. embedded to the EAFS office or PLU office. 25 Pu Iland State of Somalia Pkic~ Financial Management Capacity Strengthening Project II Projct Number P 151492, Grant Number TF0A388 Repor and financial statements Fr year ended 31 December 2021 Annex 1: Entity receipts versus donor confirmation Receipts as per Reference Date received Deseription Receipt donor Variance* recorded -__-_--_-_confirmation USD USD USD - 152 30 December 2021 PFM FCB Bank 191,182 191,182 30 December 2021 PFM Direct Payment - 3,137 3,137 'e r 27 December 2021 PFM Direct Payment 16,392 16,392 - 0 7 27 December 2021 PFM Direct Payment 11,133 11,133 48 22 December 2021 PFM Direct Payment 13,770 13,770 4448 12 December 2021 PFM FCB Bank 212,225 212,225 - o0 4 9 12 December 2021 PFM Direct Payment 40,141 40,141 8 08 December 2021 PFM Direct Payment 8,102 8,102 0 70 16 November 2021 PFM Direct Payment 15,008 15,008 11 November 2021 PF-M Direct Payment 6,213 6,213 04 No embei 2021 FM FCB Bank 232,108 232,108 4% 04 November 2021 PFM Direct Payment 18,292 18,292 03 November 2021 PFM Direct Payment 8,890 8,890 07 Detober 2021 PFM Direct Payment 23,703 23,703 628 07 October 2021 PFM Direct Payment 8,961 8,961 07 October 2021 PFM Direct Payment 45,524 45,524 1o30 07 October 2021 PFM Direct Payment 25,431 25,431 -M 07 Oetober 2021 PFM Direct Payment 1,807 1,807 2 07 October 2021 PFM Direct Payment 18,293 18,293 8 22 September 2021 PFM FCB Bank 351,702 351,702 1)19 22 September 2021 PFM Direct Payment 2,084 2,084 19 September 2021 PFM Direct Payment 25,370 25,370 15 September 2021 PFM Direct Payment 3,136 3,136 1 9 1 September 2021 PFM Direct Payment 13,770 13,770 3 1 September 2021 PFM Direct Payment 11,808 11,808 4 08 September 2021 PFM Direct Payment 9,146 9,146 08September 2021 PFM Direct Payment 16,625 16,625 '4 August 2021 PFM Direct Payment 7,970 7,970 - 4 3 10 August 2021 PFM FCB Bank 247,216 247,216 04 02 August 2021 PFM Direct Payment 3,136 3,136 23 Jul 2021 PFM Direct Payment 12,715 12,715 _ Julv 2021 PFM Direct Payment 18,292 18,292 I30 June 2021 PFM FCB Bank 218,967 218,967 1 10 June 2021 PFM Direct Payment 8,121 8,121 }O 10 June 2021 PFM Direct Payment 12,715 12,715 1 09 June 2021 PFM Direct Payment 1,562 1,562 09 June 2021 PFM Direct Payment 12,364 12,364 I 3 09 June 2021 PFM Direct Payment 46,694 46,694 1 !4 09 June 2021 PFM Direct Payment 9,146 9,146 26 P uland State of Somalia Pul1ic iancial Management Capacity Strengthening Project il Poct Number P 151492, Grant Number TF0A388 Recport and linancial statements or ye ar ended 31 December 2021 Receipts as per Reference Date received Description Receipt donor Variance* recorded -ec-r--d confirmation --_-_USD USD USD 18 Alay 2021 PFM Direct Paynent 1,620 1,620 l 8 May 2021 PFM Direct Payment 6,768 6,768 16 \May2021 PFM Direct Payment 3,136 3,136 8 16 M, 2021 PFM Direct Payment 11,133 11,133 29 April 2021 PFM FCB Bank 436,203 436,203 27 April 2021 PFM Direct Payment 18,231 18,231 27 April 2021 PFM Direct Payment 12,715 12,715 17 April 2021 PFM Direct Payment 10,726 10,726 2 *25 March 2021 PFM Direct Paynent 6,212 6,212 4 18 March 2021 PFM Direct Payment 1,816 1,816 13 March 2021 PFM Direct Pavment 42,599 42,599 11 March 2021 PFM Direct Payment 9,288 9,288 11 March 2021 PFM FCB Bank 500,000 500,000 8 Marlch 2021 PFM Direct Payment 12,715 12,715 - 09 March 2021 PFM Direct Payment 4,982 4,982 T 23 February 2021 PFM Direct Payment 11,241 11,241 20 Februarv 2021 PFM Direct Payment 3,136 3,136 iFebru) 2021 PFM Direct Payment 3,490 3,4 3,025,725 3,028,862 3,137 Ihe difference relates to a direet payment by World Bank done on 30 December 2021 but was captured in the system in January 2022. 27 Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 Annex 1: Comparison of audited amounts and the reported amounts to the donors Period Date submitted to Amount period World Bank USD J,- 1 ch a O21 18 May 2021 553,694 1 une 2021 16 August 2021 602,684 o bpl er 202 1 14 November 2021 741,991 Decem ber 202 1 14 February 2022 886,898 a expenditure reported to World Bank 2,785,267 Expenditure reported in the trial balance 2,787,863 -a i 2,596 Te -iference relates to an adjustment posted in Quarter 2 after the submission of the reports to World Bank, h,ow vr. the adjustment was captured as part of the accumulated expenditure in the subsequent quarters. 28 Puniand State of Somalia PubF i Financial Management Capacity Strengthening Project II Project Number P 151492, Grant Number TF0A388 Repori and financial statements oyar ended 3I December 2021 ANNEX Il Confirmation between application for withdrawals and Receipts from the World Bank Date of applicatiun Application Withdrawal Date of receipt Actual Difference numher applicationr receipt -_ ---USD USD USD hebr 2021 PUNTr 154 191.182 30 December 2021 191,182 ccmher 2021 PUNT 152 16,392 29 December2021 16,392 2 mber 2021 PUNT 151 11,133 29 December 2021 11,33 L lvber 2021 PUNT 150 13.770 21 December 2021 13,770 - e i½nber 2021 PUNT 149 212,225 10 December 2021 212,225 - eember 2021 PUN'T 148 40,141 10 December 021 40,141 n er 202 1 PIN 147 8.102 29 November 2021 8,102 - jO N,,ember 2021 PUN T 146 15.008 12 November 2021 15,008 - 0 venbei 2021 PUNT 145 6,213 09 November 2021 6,213 IeLobe, 2021 PUNT 144 232,108 03 November 2021 232,108 - hober 2021 PUNT 143 18,292 02 November 2021 18,292 ohr 2021 PUN I 142 8,890 03 November 2021 8,890 - I02 I Pl INT 141 23.703 06 October 2021 23,703 - oe 2021 PUINI 140 8.961 06 October 2021 8,961 tember2021 PUNT 139 45,524 06 October 2021 45,524 - s he' 202 I PUNT 137 25.431 06 Oetober 2021 25,431 u nir 2021 PUNT 138 1,807 06 October 2021 1,807 riPher 2021 PiNT 133A 18,293 06 October 2021 18,293 - cei1he' 202I PU INT 136 351.702 21 September 2021 351,702 9 SViher 2021 PUNT 135 2.084 21 September 2021 2,084 ene' 2021 PUNT 132 25,370 16 September 2021 25,370 un bej 2021 PUNT 131 3.136 14 September 2021 3,136 .,ribrenr 2021 PUNI 129A 13,770 14 September 2021 13,770 - pnber 2021 PUN1 130 11,808 10 September 2021 11,808 O her 2021 PL%-l 128 9.146 07September2021 9,146 - 2 iŽust '(1 PUN 124A l6.625 {07 September 2021 16625 2 P 21 PNT 127 7.970 12 August 2021 7,970 - \u 2021 PUJNT 126 247.216 09 August 2021 247,216 - ! I 22 P1UNT 125 3,136 30 July 2021 3,136 - i' 202 PUNT 122 12.715 23 July 2021 12,715 - 18 Jui 2021 P1 NT 123 18,292 23 July 2021 18,292 - SJule 202 I PUNT 121 218,967 30 June 2021 218,967 - J uiPc 2 P%UNT 119 8,121 09 June 2021 8,121 - 202 PUNT 120 12,715 09 June 2021 12,715 2021 PUNT 118 1,562 08 June 2021 1,562 - P21 PUNT 115 12,364 08 June 2021 12,364 - PUNT 116 46,694 08 June 2021 46,694 >3.)021 PUNI 117 9,146 08 June 2021 9,146 29 Punind State of Somalla Puble Financial Managenent Capacity Strengthening Project II Pr j'Ict Number P 151492, Grant Number TF0A388 Report and financial statements Fo year ended 31 December 2021 c of applcation Application Withdrawal Actua number application Date ofreceipt rceial Difference PUN F 114 1,620 13 May 2021 1,620 - 2PUNT 113 6,768 17 May 2021 6,768 -221 iPUNT 112 3.136 17 May 2021 3,136 PUIN l 2 I11 11.133 13 May 2021 11,133 2021 PUNI 108 436,203 29 April 2021 436,203 - I 2021 P NT 106 18,231 26 April 2021 18,231 - i 2021 I TNT 107 12,715 26 April 2021 12,715 S021 PUNT 105 10.726 15 April 2021 10,726 \trec 2021 PUNT 104 6,212 24 March 2021 6,212 h2021 JPUNT 103 1.816 17 March 2021 1,816 - 2021 1PUNT I 101 42.599 10 March 2021 42,599 2021 PUNT 100 9,288 10 March 2021 9,288 2021 PUNT 102 500.000 12 March 2021 500,000 - ~2021 PUJNJ99 12,715 08 March 2021 12,715 2021 PUNT 98 4,982 10 March 2021 4,982 - 0 u 2021 PUNI 97A 11,241 22 March 2021 11,241 - 2021 PUNT95A 3.136 18 February202l 3,136 - wr 2021 PUNT 96 3.490 10 February 2021 3,490 3,025,725 3,025,725 30 Puntland State of Somalia Public Financial Management Capacity Strengthening Project 11 Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 Annex IV List of fixed assets acquired in 2021 AcquiitionValue Asset ID Serial Number Item Custodian Acquisition Status Region Ue 0000003939 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 110 0000003871 N/A Office Table 1.2 karkaar regional AG 22/09/2021 Good Condition Qardho 230 0000003873 N/A Book shelf 2 door Karkaar regional AGP 22/09/2021 Good Condition Qardho 150 0000003875 N/A Book shelf 2 door Karkaar regional AG 22/09/2021 Good Condition Qardho 150 0000003876 N/A Book shelf 2 door Karkaar regional Ag 22/09/2021 Good Condition Qardho 150 000087 NABohl orK rkaar regIonl AG250 0000003877 N/A Book shelf 2 door Karkaar regional AG 22/09/2021 Good Condition Qardho 150 0000003880 N/A Book shelf 2 door Karkar regional AG 22/09/2021 Good Condition Qardho 130 0000003881 N/A Book shelf 2 door KARKAAR REGIONAL AG 22/09/2021 Good Condition Qardho 130 0000003882 N/A Book shelf 2 door KARKAAR REGIONAL AG 22/09/2021 Good Condition Qardho 130 0000003883 N/A Book shelf 2 door KARKAAR REGIONAL AG 22/09/2021 Good Condition Qardho 130 0000003884 N/A Book shelf 2 door KARKAAR REGIONAL AG 22/09/2021 Good Condition Qardho 130 0000003885 N/A Executive L shape table 1.61n KARKAAR REGIONAL AG 22/09/2021 Good Condition Qardho 220 0000003886 N/A Executive L shape table 1.6m KARKAAR REGIONAL AG 22/09/2021 Good Condition Qardho 220 0000003888 N/A Executive L shape table 1.6m KARKAAR AC 22/09/2021 Good Condition Qardlo2 0000003889 N/A Executive L shape table L6m KAtRKA A G 22/09/2021 Good Condition Qardho 230 00000038908 N/A Executive L, shape table I1.6m KARKARA 22/09/2021 ('ood Condition Qardho 230 (0000003 8 9 N/A Executive 1, shape table 1.6rn KARKA,,AR AG 22/09/2021 Good Condition Qardho 230 0000003890 N/A Executive L shape table 1.6m KARLAtR AG 22/09/2021 Good Condition Qardho 230 0000001891 N A EecutiVe l shape table 16i KARlAAR AG 22/09/2021 Good Condition Qardho 230 000000T892 4 1 Lcentive L shupe table 1.6m KARKAAR AG 2Goo9d2021 Condition Qardho 230 Moutiog table e 1.C6 "RIK,1 C1/01 (os!odtn Q 00 0 K( N/ L 1.6ni 'I abe4 KAR AG 22' W2021 ( Ood Condi:ion Qardho 00 L V KR RA)~IT0i t,: abic~o 1.1- Qerdh 'i-ol Puntland State of Somalia Public Financial Management Capacity Strengthening Project 11 Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 Asset ID Serial Number Item Custodian Acquisition Status Region Value 0000003898Date Stat0i Qro us 0000003898 N/A Office sofa KARKAAR AG 22/09/2021 Good Condition Qardho 755 0000003899 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003900 N/A Desk chair KARKAR AG 22/09/2021 Good Condition Qardho 100 0000003901 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003902 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003903 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003904 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003907 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003908 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003909 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003910 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003911 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003912 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardhn 100 0000003913 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003916 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003917 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003919 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003919 N/A Desk chair KARKAR AG 22/09/2021 Good Condition Qardho 100 0000003920 N/A Desk chair KARKAAR AG 22109/2021 Good Condition Qardho 100 0000003921 NMDesk chair KAVRKAAR AG 22/09/2021 Good Condition Qardho 100 00000i7 922 N/A IDcsk chair KAE KAAR AG 22/09/021 Good Condition Qardho 100 0000'2 V [s chair. KAI \-KAAR A6 2/092021 1 odCondition Qairdho 100 1)00003/5kAF' >/\j1/9o K KAR A(i~0W0 I GodC3 in Grho10 1000~. .5 .L .es .o 1 ..... .t . . ... .9 . .o . .n .o ( . nil ........ Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 Asset ID Serial Number Item Custodian Acquisition Status Region Value 000000398 NDate us 0000003928 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003929 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003930 N/A Desk chair KARKAA AG 22/09/2021 Good Condition Qardho 100 0000003931 N/A Desk chair KARKAR AG 22/09/2021 Good Condition Qardho 100 0000003932 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 100 0000003934 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 110 0000003935 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 110 0000003936 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 110 0000003937 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 110 0000003938 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 110 0000003940 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 110 0000003941 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 110 0000003942 N/A Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 110 0000003943 N/E e Desk chair KARKAAR AG 22/09/2021 Good Condition Qardho 110 0000003579 Executive Office Desk Chair XAFIISKA EAFS 05/04/2021 Good Condition NUGAAL 180 0000003580 Executive Office Desk Chair XAFIISKA PROCUREMENT 05/04/2021 Good Condition NUGAAL 180 0000003581 Executive Office Desk Chair XAFISKA PROCUREMEINT 05/04/2021 Good Condition NUGAAL 180 0000003582 Executive Office Desk Chair XAFIISKA PROCUREMENT 05/04/2021 Good Condition NUGAAL 180 0000003583 Executive Office Desk Chair XAFIISKA PROCUREMENT 05/04/2021 Good Condition NUGAAI. 180 0000003584 Executive Office Desk Chair XAFIISKA PROCUREMENT 05/04/2021 Grood Condition ,NUGAAL ISO 0000003595 Excutive Off"ice Desk Chair PRZOCUREMENT 05/04/2021 Good ('ondition NUG.`A. 180 0000(03586 XcheOfceDs hi AFI1SKA PRZOC(REM T 05/04/2021 Good C(di' o N G)I 190) 0000003587 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~~~.. E.ecti. .....e.Cai.....L 1R l RN NT00:22 oo Udi ~ (A 8 00003> ccItv 01cc eskClx ~ FlL COC oI 180T0:4:01}ho (m1A ~ Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 Asset ID Serial Number Item Custodian Acquisition Status Region Val 0 5c O D a0 0dGDate 0000003590 Executive Office Desk Chair HR 05/04/2021 Good Condition NUGAAL 180 0000003591 Executive Office Desk Chair I R 05/04/2021 Good Condition NUGAAL 180 0000003606 Executive Office Desk Chair IFMIS OFFICE 05/04/2021 Good Condition NUGAAL 180 0000003615 Executive Office Desk Chair IFMIS OFFICE 05/04/2021 Good Condition NUGAAL 180 0000003602 Executive Office Desk Chair INTERNAL AUDIT 05/04/2021 Good Condition NUGAAL 180 0000003603 Executive Office Desk Chair INTERNAL AUDIT 05/04/2021 Good Condition NUGAAL 180 0000003599 Executive Office Desk Chair LEGAL 05/04/2021 Good Condition NUGAAL 180 0000003549 Executive Office Desk Chair xafiska EAfs 03/04/2021 Good Condition NUGAAL 180 0000003550 Executive Office Desk Chair xafiiska EAFS 03/04/2021 Good Condition NUGAAL 180 0000003552 Executive Office Desk Chair xafiiska EAFS 03/04/2021 Good Condition NUGAAL 180 0000003553 Executive Office Desk Chair xaffiska EAFS 03/04/2021 Good Condition NUGAAL 180 0000003554 Executive Office Desk Chair xafiiska EAFS 03/04/2021 Good Condition NUGAAL 180 0000003555 Executive Office Desk Chair Xafiiska EAFS 03/04/2021 Good Condition NUGAAL 180 0000003556 Executive Office Desk Chair Xafiska EAFS 03/04/2021 Good Condition NUGAAL 180 0000003558 Executive Office Desk Chair Xaffiska EAFS 03/04/2021 Good Condition NUGAAL 180 0000003559 Excutive Office Desk Chair Xatiska EAFS 03/04/2021 Good Condition NUGAAI. 180 0000003560 Executive Office Desk Chair XAFIISKA PROCUREMNT 03/04/2021 Damaged NUGAAL 180 0000003561 ExeCutiVe Office Desk Chair XAFIISKA PROCUREMENT 03/04/202 1 Good Condition NUGAAL 180 0000003548 ExeCutivC Office Desk Chair xafiiska EAFs 01/04/2021 Good Condition NUGAA1 180 0000003557 Exectve Office Desk Chair Xafiska EAV' 01/04/2021 Good Condition NUGAAil 180 00000036]6 table wvork station budget department 01/03/2021 Good Condition BARI 650 00000367 tbleworkstaionBude: )epatmet 0/03'02 Good Condition EA!Rl 5 001 OOan Metiz bOleRedat Deprtmet 01/3:20 I Goo C ondition AR 0000 12. o - ____ ______ { eceo toti r ( ughhac) 1)eotv N miterof n wo e 1:0/201 (100 oo 30 __ _ _ __ _ _ 71 Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 Asset ID Serial Number Item Custodian Acquisition Status Region Val Date OD 0000003532 Office desk L.shape Office of Deputy Minister (revenue) 01/03/2021 Good Condition BARI 210 0000003518 Office desk Lshape Deputy Minister of Revenue 01/03/2021 Good Condition BARI 290 0000003491 Sofa Chair Deputy Minister of revenue 01/03/2021 Good Condition BAR! 1,800 0000003521 Office desk L.shape DG Office 01/0312021 Good Condition BARI 290 0000003489 sofa Chair DG Office MOF 01/0312021 Good Condition BARI 1,800 0000003562 Executive chair (High Back) Dg Office 01/03/2021 Good Condition BARI 300 0000003573 Executive chair (High Back) Meeting Hall 01/03/2021 Good Condition BARI 300 0000003574 Executive chair (High Back) Meeting Hall 01/03/2021 Good Condition BARI 300 0000003638 Small Table Asset Management Office 01/03/2021 Good Condition BARI 90 0000003498 Book shelf (3 door) mof 01/03/2021 Good Condition BARI 190 0000003572 Executive chair (High Back) Security Office 01/03/2021 Good Condition BARI 300 0000003578 Executive chair (High Back) Asset Management Office 01/03/2021 Good Condition BARI 300 0000003620 Office Metal File Cabinet Asset Management Office 01/03/2021 Good Condition BARI 160 0000003628 Small Table Asset management office 01/03/2021 Good Condition BARI 105 0000003623 Office Metal File Cabinet Legal Office 01/03/2021 Good Condition BARI 160 0000003511 Office desk L.shape LEGAL Office 01/03/2021 Good Condition BARI 290 0000003526 Office desk L.shape Deputy DG of Re,enue MOF 01/03/2021 Good Condition MUDUG 210 0000003528 Office desk L.shape Deputy DG of Revenue Mof 01/03/2021 Good Condition MUDUG 210 0000003520 Office desk L.shape Deputy DG of Revenue 0 1/03/2021 Good Condition MUDUG 290 0000003522 Office desk L.shape Deputy DG of Revenue 01/03/2021 Good Condition MUDUG 290 0000003490 sofa Chair Deputy DG of Revenue 110 01/03/2021 Good Condition MUDUG iu800 {100263 FNecuiive chair (H ighi Back) DGz Ofi! 00/01 Good Condition MIA)TUG 3100 0000 4hcuiv hi II~ ack) t3 fi~0/322 (o odto CL' 06 Cootm -Vca0clmtihg ak maMaaccit(leO 53 8 lable work station Piireen Ofc0102)1 (ood(Condiion Nt 840 T17000007T Mecin Tibie I Ote01021 I*(Tdio INI(2248 0 .0 .t034 .cin ......l.. . .. . o.0730. 9 dC oiinN t4 4 ______ -~______ --- __________ ______ 00000~~~ ~ ~~~~~~~~~~~~~ ... .t..e Meta Vie(.ic lf40 002IItA(wiiq N C2 -~ Cainet____---~ Y~ rt ~ O36 Puntland State of Somalia Public Financial Management Capacity Strengthening Project Il Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 Asset ID Serial Number Item Custodian aquisition Status Region Vu 0000003539 table work station FMIS office MOF 01/03/2021 Good Condition NUGAAL 840 0000003629 Small Table HR Office 01/03/2021 Good Condition NUGAAL 105 0000003502 Book shelf 2 door HR Office 01/03/2021 Good Condition NUGAAL 190 0000003514 Office desk L.shape HR Office 01/03/2021 Good Condition NUGAAL 290 0000003535 Office desk L.shape HR Office MoF 01/03/2021 Good Condition NUGAAL 210 0000003593 Executive Office Desk Chair HR 01/03/2021 Good Condition NUGAAL 180 0000003621 Office Metal File Cabinet HR Office 01/03/2021 Good Condition NUGAAL 160 0000003630 Small Table HR Office 01/03/2021 Good Condition NUGAAL 105 0000003631 Small Table HR Office 01/03/2021 Good Condition NUGAAL 105 0000003614 Executive Office Desk Chair ITMIS OFFICE 01/03/2021 Good Condition NUGAAL 180 0000003497 Book shelf (3 door) AEFS Office 01/03/2021 Good Condition NUGAAL 190 0000003506 Book shelf (3 door) [FMIS Office 01/03/2021 Good Condition NUGAAL 190 0000003515 Office desk I.shape IFMIS Office 01/03/2021 Good Condition NUGAAL 290 0000003605 Executive Office Desk Chair IFMIS EFFICE 01/03/2021 Good Condition NUGAAL 180 0000003607 Executive Office Desk Chair IFMIS OFFICE 01/03/2021 Good Condition NUGAAL 180 0000003608 Executive Office Desk Chair IFMIS OFFICE 01/03/2021 Good Condition NUGAAL 180 0000003609 Executive Office Desk Chair I1MIS OFFICE 01/03/2021 Good Condition NUGAAL 180 0000003610 Executive Office Desk Chair IFMIS OFFICE 01/03/2021 Good Condition NUGAAL 180 0000003611 Executive Office Desk Chair IFMIS OFFICE 01/03/2021 Good Condition NUGAAL 180 0000003612 Executive Office Desk Chair IFMIS OFFICE 01/03/2021 Good Condition NUGAAL 180 0000003613 Executive Office Desk Chair IFMIS OFFICE 01/03/2021 Good Condition NUGAAL 180 7(-J00034 I-uio ]3bk EM Oftiloc 01/03/20'21 (Good Condio TIAA 480 00. 033 ..... .l I. ... .i .a Au-TI 3p02 (io odtin NI(A Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 Asset ID Serial Number Item Custodian Acquisition Status Region Value CutdinDate lJts Rgo S$ 0000003604 Executive Office Desk Chair INTERNAL AUDIT 01/03/2021 Good Condition NUGAAL 180 0000003624 Office Metal File Cabinet Internal audit Office 01/03/2021 Good Condition NUGAAL 160 0000003636 Small Table Internal Audit 01/03/2021 Good Condition NUGAAL 90 0000003637 Small Table internal Audit 01/03/2021 Good Condition NUGAAL 90 0000003575 Executive chair (High Back) consultant Office 01/03/2021 Good Condition NUGAAL 300 0000003525 Office desk L.sbape consultant Office 01/03/2021 Good Condition NUGAAL 210 0000003576 Executive chair (High Back) consultant Office 01/03/2021 Good Condition NUGAAL 300 0000003530 Office desk L.shape PFM Office 01/03/2021 Good Condition NUGAAL 210 0000003571 Executive chair (High Back) PFM Office 01/03/2021 Good Condition NUGAAL 300 0000003698 Visitor chair EAFS Office 01/03/2021 Good Condition NUGAAL 90 0000003633 Small Table Legal Office 01/03/2021 Good Condition NUGAAL 105 0000003634 Small Table Legal Office 01/03/2021 Good Condition NUGAAL 105 0000003597 Executive Office Desk Chair LEGAL 01/03/2021 Good Condition NUGAAL 180 0000003598 Executive Office Desk Chair LEGAL 01/03/2021 Good Condition NUGAAL 180 0000003600 Executive Office Desk Chair LEGAL 01/03/2021 Good Condition NUGAAL 180 0000003533 Office desk L.shape Legal Office 01/03/2021 Good Condition NGAAL 210 0000003504 Book shelf 2 door LEGAL Oflice 01/03/2021 (ood Condition NUGAAL 190 0000003632 Small Table Abstract Office 01/03/2021 Good Condition NXAAL 105 0000003622 Office Metal File Cabinet Abstract Office 01/03/2021 Good Condition Nt,AAL 160 0000003596 Executive Office Desk Chair ABSTRACT 01/03/2021 Good Condition N1GAAl. 180 0000001794 Execotive Office Desk Chair ABSTRACT 0l/03/202 1 Good Condition, NUGAAIL 180 030351 ..:9 -ook The:. dorA AY01c .322 od (Condit:,on NUAi1 0000003512Des CIic dekBShpeiT oRw ' /iT 0 1 /0 Gt0Go o tiA ....... ...3. Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 Asset ID Serial Number Item Custodian Acquisition Status Region Value Date us$ 0000003543 Meeting Table Audit General 01/03/2021 Good Condition NUGAAL 480 0000003544 Meeting Table Audit General 01/03/2021 Good Condition NUGAAL 480 0000003743 MPlVZAMA Lenovo Desktop Internal Audit 09/08/2021 Good Condition MUDUG 1,292 0000004020 MPIWO97F Lenovo Desktop Admin and finance 09/08/2021 Good Condition NUGAAL 1,292 0000003763 X88TO62Z65 Projector Epson Admin and finance Dep. 09/08/2021 Good Condition NUGAAL 400 0000003758 CNCRNS6MZ HP Color LaserJet Pro MFP Abstract Dep. 09/08/2021 Good Condition NUGAAL 545 M479FDW 0000003760 CNCMN61I72 HP Color LaserJet Pro MFP AG Office 09/08/202t Good Condition NUGAAL 545 M479FDW 0000003752 MP1WOBK9 Lenovo Desktop Budget Dep. 09/08/2021 Good Condition NUGAAL 1,292 0000003753 MPIWO4PG Lenovo Desktop Budget Dep. 09/08/2021 Good Condition NUGAAL 1,292 0000003866 MP1WO4XD Lenovo Desktop Budget Dep. 09/08/2021 Good Condition NUGAAL 1,292 0000003874 CNCRP2Y5QK HP Color LaserJet Pro MFP Deputy DG of Revenue 09/08/2021 Good Condition NUGAAL 545 M479FDW 0000003872 CNCRPIY4NX HP Color LaserJet Pro MFP deputy minster of revenue 09/08/2021 Good Condition NUGAAL 545 M479FDW 0000003879 CNCRPlY5TH HP Color LaserJet Pro MFP Archives Dep. 09/08/2021 Good Condition NUGAAL 545 M479FDW 0000003869 MPIWO9JF Lenovo Desktop Archives 09/08/2021 Good Condition NUGAAL 1-292 0000003870 MP11WO976 Lenovo Desktop Atichives Dep 09/08/2021 Good Condition NUG.AAL 1,292 0000003757 CNCRP1Y51Q HP Color LaserJet Pro MFP Legal Dep. 09/08/2021 Good Condition NUGAAL 545 M479FDW 0000003751 MPlW04BK Lenovo Desktop Legal Dep. 09/08/2021 Good Condition NUGAAL 1-292 0000004021 MPlWO976 Lenovo Desktop DDG Office 09/08/2021 Good Condition NUGAAL 1,292 000003733 MPIVl /ANN Lenovo Desktop EAFS Procurement 09/0b/2021 (iood Condition NUGAAL 1-292 000074 MPIVZ6SJ, l-!1", Deskto p 'I rocuemleflt 090Oo?) (od Condition NUGAAL 1L292 00000375 NI !V6A2 I ~nvo )ostnp ViPronreoent09"8 <~~ (nnL ( oditon tJ(iXXL120 ______________~~~------- ------------____ IV..__________ ___ Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 Asset ID Serial Number Item Custodian Acquisition Status Region Val Date MF 0000003739 MPIVZ3JX Lenovo Desktop EAFS Accountant 09/08/2021 Good Condition NUGAAL 1,292 0000003740 MPIVZ6TA Lenovo Desktop AEFS Accountant 09/08/2021 Good Condition NUGAAL 1,292 0000003754 CNCRPlY5TP HP Color LaserJet Pro MFP EAFS Procurement 09/0812021 Good Condition NUGAAL 545 M479FDW 0000003755 CNCRN9S6KW HP Color LaserJet Pro MFP EAFS Accountant 09/08/2021 Good Condition NUGAAL 545 M479FDW 0000003756 CNCRPIY51Q HP Color LaserJet Pro MFP PFMIS 09/08/2021 Good Condition NUGAAL 545 M479FDW 0000003878 CNCRN9S6KZ HP Color LaserJet Pro MFP HR Dep. 09/08/2021 Good Condition NUGAAL 545 M479FDW 0000003860 MPlWOBKF Lenovo Desktop HR Dep. 09/08/2021 Good Condition NUGAAL 1,292 0000003861 MPIVZIGR Lenovo Desktop HR Dep. 09/08/2021 Good Condition NUGAAL 1.292 0000003862 MPlVZAM9 Lenovo Desktop HR Dep. 09/08/2021 Good Condition NUGAAL 1,292 0000003746 MP1VZ5XA Lenovo Desktop PFMIS 09/08/2021 Good Condition NUGAAL 1,292 0000003747 MP1VZAKZ. Lenovo Desktop PFMIS 09/08/2021 Good Condition NUGAAL 1,292 0000003748 MPIVZ836 Lenovo Desktop PFMIS 09/08/2021 Good Condition NUGAAL 1.292 0000003745 MPIVZ815 Lenovo Desktop PFIMIS 09/08/2021 Good Condition NUGAAL 1.292 0000003744 MPIVAME Lenovo Desktop Internal Audit 09/08/2021 Good Condition NUGAAL 1,292 0000003761 X8D3110194L Projector Epson Internal audit 09/08/2021 Good Condition NUGAAL 400 0000003775 MPIVZAMA Lenovo Desktop PFM coordinator Office 09/08/2021 Good Condition NUGAAL 1.292 0000003776 CNCR9063G HP Color LaserJet Pro MHP PFM Coordinator Office 09108/2021 Good Condition NUGAAL 545 M479FDW 0000003759 CNCRPIY5W4 lIP Color LaserJet Pro MiP Planing Dep. 09/08/2021 Good Condition NIGAAL 545 M479FDNk' (000003749 MPIV/.806 Lenovo Dcsktop Planing Dep. 09/08/2021 Good Condition NUGAAL 1,292 M00J(5 MPI VZ 5'IK I-enovu Desktop Planing I)cp. 09/08/2021I Good (Co-.dition NJi GAAL 22 ...... .. . ..............(0 I / Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 Asset ID Serial Number Item Custodian Acquisition Status Region Value Date USR 0000003654 RaIlLHCE Lenovo Laptop Abmed Dahir Mohamed 27/04/2021 Good Condition NUGAAL 1,688 0000003656 Rall LHCC Lenovo Laptop Abdi qawdban 27/04/2021 Good Condition NUGAAL 1,688 0000003648 RaILHCD Lenovo Laptop Abdirisak Jama Ahmed 27/04/2021 Good Condition NUGAAL 1,688 0000003649 RaIlLKLZ Lenovo Laptop Abhir AbdulkadirA med 27/04/2021 Good Condition NUGAAL 1,688 0000003652 Rat ILKM9 Lenovo Laptop Jama Ali Isse 27104/2021 Good Condition NUGAAL 1,688 0000003653 RatILHCB Lenovo Laptop Mahamud abdi jam 27/04/2021 Good Condition NUGAAL 1,688 0000003651 Rat ILHCB Lenovo Laptop Fardawsa Said 27/04/2021 Good Condition NUGAAL 1,688 0000003650 RatILHC9 Lenovo Laptop Bashir Omar 27/04/2021 Good Condition NUGAAL 1,688 0000003655 RaIILHCM Lenovo Laptop Mohamed Hange 27104/2021 Good Condition NUGAAL 1.688 0000003657 Ral0LKM8 Lenovo Laptop Ahmed Issa 27/04/2021 Good Condition NUGAAL 1,688 0000004027 MP1TJNZO Lenovo Desktop mof 17/04/2021 Good Condition BARI 550 0000004029 MPITJGO7 Lenovo Desktop MOF 17/04/2021 Good Condition BARI 550 0000004022 MPITJLQY Lenovo Desktop Bosaso Custom 17/04/2021 Good Condition BARI 550 0000004023 MPITJNWL Lenovo Desktop Bosaso Custom 17/04/2021 Good Condition BARI 550 0000004028 MPITJLRB Lenovo Desktop Bosaso Custom 17/04/2021 Good Condition BARI 550 0000004010 VNC3R67600 Ip laser jet printer Fishery 17/04/2021 Good Condition BARI 200 0000004011 VNC4K90592 lp laser jet printer fishery 17/04/2021 Good Condition BARI 200 0000004012 VNC6RO08 17 Hp laser jet printer Fishery 17/04/202 1 Good Condition BARI 200 0000004013 VNC5L59401 Lip laser jet printer Fishery 17/04/2021 Good Condition BARI 200 0000004014 VNC5L64139 ip laser jet printer fishery 17/04/2021 Good Condition BARI 200 0000004015 VNC5L64139 Ip laser jet printer fishery 17/04/2021 Good Condition BARI 200 0000O004016 VNC5L,732 15 IIip laser jet printer fishery 17.104/02 CoeCodition BIARI 2'00 0000040 NOR 22 lIp laser.: jeBrne ihr 702? Go odto ARtI0 -iii Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 Asset ID Serial Number Item Custodian Acquisition Status Region Value Date US$ 0000004026 MP1TJG00 Lenovo Desktop fishery 17/04/2021 Good Condition BARI 550 0000003704 MP1TJG7C Lenovo Desktop Garowe Airport Custom 17/04/2021 Good Condition NUGAAL 550 0000003705 MP1TJGO7 Lenovo Desktop Garowe Airport custom 17/04/2021 Good Condition NUGAAL 550 0000004025 MP1TJJA7 Lenovo Desktop DG of inland revenue office 17/04/2021 Good Condition NUGAAL 550 0000003702 MP1TJNWE Lenovo Desktop Inland revenue DG office 17/04/2021 Good Condition NUGAAL 550 0000003703 MPITJLR5 Lenovo Desktop Covid 19 Test Office 17/04/2021 Good Condition NUGAAL 550 0000004009 VNC5L64117 Hp laser jet printer state minster office 17/04/2021 Good Condition NUGAAL 200 0000004154 LCD 85-inch TV Screen Display Meeting Hall 01/03/2021 Good Condition BARI 1,200 0000004155 LCD 85-inch TV Screen Display Dg Office 01/03/2021 Good Condition BARI 1,200 0000004156 LCD 85-inch TV Screen Display Ag Office 01/03/2021 Good Condition BARI 1,200 0000003419 LCD 85-inch TV Screen Display MoF HQ Garowe 01/03/2021 Good Condition BARI 1,200 0000003378 Door Locks AL20B/AL2ODb MoF HQ Garowe 01/03/2021 Good Condition Bosaso 450 0000003380 Door Locks AL20B/AL2ODb MoF HQ Garowe 01/03/2021 Good Condition Bosaso 450 0000003394 Fiscal Device System Storage MoF HIQ Garowe 01/03/2021 Good Condition Bosaso 420 0000003396 Fiscal Device System Storage MoF HQ Garowe 01/03/2021 Good Condition Bosaso 420 0000003409 Finger Printer MoF HQ Garowe 01/03/2021 Good Condition Bosaso 260 0000003410 Finger Printer MoF H1Q Garowe 01/03/2021 Good Condition Bosaso 260 0000003411 Finger Printer MoF HQ Garowe 01/03/2021 Good Condition Bosaso 260 0000003425 LCD 85-inch TV Screen Display MoF hQ Garowe 01/03/2021 Good Condition Bosaso 1,200 0000003426 LCD 85-inch TV Screen Display MoF HQ Garowe 01/03/2021 Good Condition Bosaso 1200 0000003427 LCD 85-inch TV Screen Display MoF IIQ Garowe 01/03/2021 Good Condition Bosaso 1200 000000342815 8-inch TV Screen Display Jo` I IQ (aoe 11/330" od odti ~ Ioaso 1200 0000003129 1 ( 85-inh TV Sceen 1)iplav ME IT) (srowe101 Go7 Cniin oao1 0000003430 I [('1) SSin.ChT'V Stre. ipa o 13(soe 1/01 7uCniin- Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 Asset ID Serial Number Item Custodian Acquisition Status Region Value Date L 8n V r D lA f0US1 0000004161 LCD 85-inch TV Screen Display AG Office 01/03/2021 Good Condition MUDUG 1,200 0000004163 LCD 85-inch TV Screen Display DG Office 01/03/2021 Good Condition MUDUG 1,200 0000003392 Door Locks AL20B/AL20Db MoF HQ Garowe 01/03/2021 Good Condition MUDUG 450 0000003398 Fiscal Device System Storage MoF HQ Garowe 01/03/2021 Good Condition MUDUG 420 0000003399 Fiscal Device System Storage MoF HQ Garowe 01/03/2021 Good Condition MUDUG 420 0000003376 Door Locks AL20B/AL2ODb MoF HQ Garowe 0 1/03/2021 Good Condition MUDUG 450 0000003383 Door Locks AL20B/AL2ODb MoF HQ Garowe 01/03/2021 Good Condition MUDUG 450 0000003387 Door Locks AL20B/AL2ODb MoF HQ Garowe 01/03/2021 Good Condition MUDUG 450 0000003390 Door Locks AL20B/AL20Db MoF HQ Garowe 01/03/2021 Good Condition MUDUG 450 0000003374 Door Locks AL20B/AL20Db MoF HQ Garowe 01/03/2021 Good Condition MUDUG 450 0000004151 LCD 85-inch TV Screen Display Security office 01/03/2021 Good Condition NUGAAL L200 0000004150 LCD 85-inch TV Screen Display AG Office 01/03/2021 Damaged NUGAAL 1200 0000003431 LCD 85-inch TV Screen Display AG 01/03/2021 Damaged NUGAAL 1,200 0000003479 Air Condition budget Office MOF 01/03/2021 Good Condition NUGAAL 650 0000003496 Office Coffee Table budget department mof 01/03/2021 Good Condition NUGAAL 190 0000003485 Air Condition Office Of Deputy DG (Revenue) 0 1/03/2021 Good Condition NUGAAL 650 0000003475 Air Condition Office of deputy minister (revenue) 01/03/2021 Good Condition NUGAAL 550 MOF 0000003476 Air Condition Office of deputy minister(revenue) 01/03/2021 Good Condition NUGAAL 650 mof 0000003424 LCD 85-inch TV Screen Display DG 01/03/2021 Good Condition NUGAAL 1,200 0000003483 Air Condition Office ffl)G 01/03!2021 Good Condition NUGAAL 650 00000024~~~O' 'IArCniin01-OfJ(00321 (od,-Condition NIUCAALI 650 000,' 5)2?- i ondition 1. e e :1 irw 221Good ½ditt A 5 0000002435 tO enodh ion 1~1.5 toneric ___- ,o (mm U Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 Asset ID Serial Number Item Custodian Acquisition Status Region Value Date OEus 0000003492 Office Coffee Table EAFS Office 01/03/2021 Good Condition NUGAAL 190 0000003493 Office Coffee Table EAFS Office 01/03/2021 Good Condition NUGAAL 190 0000003494 Office Coffee Table EAFS Office 01/03/2021 Good Condition NUGAAL 190 0000003436 Air condition 1.5 tone MoF HQ Garowe 01/03/2021 Good Condition NUGAAL 550 0000003495 Office Coffee Table IFMIS Office 01/03/2021 Good Condition NUGAAL 190 0000003470 Air condition 1.5 tone IFMIS Office MoF Garowe 01/03/2021 Good Condition NUGAAL 550 0000003442 Air condition 1.5 tone internal Audit Mof 01/03/2021 Good Condition NUGAAL 550 0000003441 Air condition 1.5 tone MoF HQ Garowe 01/03/2021 Good Condition NUGAAL 550 0000003437 Air condition 1.5 tone MoF HQ Garowe 01/03/2021 Good Condition NUGAAL 550 0000003438 Air condition 1.5 tone MoF HQ Garowe 01/03/2021 Good Condition NUGAAL 550 0000003439 Air condition 1.5 tone MoF IIQ Garowe 01/03/2021 Good Condition NUGAAL 550 0000003440 Air condition 1.5 tone MoF HQ Garowe 01/03/2021 Good Condition NUGAAL 550 0000003414 Finger Printer MoP HQ Garowe 01/03/2021 Good Condition NUJGAAL 260 0000003423 LCD 85-inch TV Screen Display security room 01/03/2021 Good Condition NUGAAL 1,200 0000003480 Air Condition archive department MoF 01/03/2021 Good Condition NIUGAAL 650 0000003371 Gate Lock Digital MoF HQ Garowe 01/03/2021 Good Condition NUJGAAL 550 0000003404 Hard Disk MoF HQ Garowe 01/03/2021 Good Condition NGAAL 130 0000003405 [lard Disk MoF IIQ Garowe 0 1/03/2021 Good Condition N1AAL 130 0000003406 Hard Disk Mo l-HQ Garowe 01/03/2021 Good Condition NUGAAL 130 0000003407 Hard Disk MoF IQ Garowe 01/03/2021 Good Condition MGAAL 130 0000003408 lard 1Disk MoF HQ Garow 01/03/2021 Good Condition NGAL 130 0000il 034019 ov me e 1( e 41/0 121 lidCniio N)4A l76 0011J4342 5 nnI' iI )~1103101 (idCndition 2-69A ecedlvecMel 1( _ _ _iont ________~ ~ ~ ~ ~ ~ ~ ~. . ..._ .... --~--~I __ _ _ - - ------ Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TFOA388 Report and financial statements For year ended 31 December 2021 Acquisition S.sReo Value Asset ID Serial Number Item Custodian Date Status Region 1u 000003444 Air condition 5 tone Abstract Office MoF Garowe 01/03/2021 Good Condition NUGAAL 550 0000003445 Air condition 1.5 tone PFM Office MoF Garowe 01/03/2021 Good Condition NUGAAL 550 0000003446 Air condition 1.5 tone PFM Office MoF Garowe 01/03/2021 Good Condition NUGAAL 550 0000003418 LCD 85-inch TV Screen Display MoP HQ Garowe 01/03/2021 Good Condition NUGAAL 1,200 0000003420 LCD 85-inch TV Screen Display MoF HQ Garowe 01/03/2021 Good Condition NUGAAL 1,200 0000003421 LCD 85-inch TV Screen Display MoF HQ Garowe 01/03/2021 Good Condition NUGAAL 1,200 0000003422 LCD 85-inch TV Screen Display MoF HQ Garowe 01/03/2021 Good Condition NUGAAL 1,200 0000004145 LCD 85-inch TV Screen Display Meeting hall 01/03/2021 Good Condition NUGAAL 1,200 0000004146 LCD 85-inch TV Screen Display Meeting Hall 01/03/2021 Good Condition NUGAAL 1,200 0000004147 LCD 85-inch TV Screen Display Meeting Hall 01/03/2021 Good Condition NUGAAL 1,200 0000004148 LCD 85-inch TV Screen Display Meeting Hall 01/03/2021 Good Condition NUGAAL 1,200 0000004149 LCD 85-inch TV Screen Display Meeting Hall 01/03/2021 Good Condition NUGAAL 1,200 0000003481 Air Condition Office Accounting General 01/03/2021 Good Condition NUGAAL 650 0000003482 Air Condition Office Of Accounting General 01/03/2021 Good Condition NUGAAL 650 0000003473 Air condition 1.5 tone Office of minister MOF 01/03/2021 Good Condition NUGAAL 550 0000003474 Air condition 1.5 tone Office of minister MOF 01/03/2021 Good Condition NUGAAL 550 0000003477 Air Condition Office Of Minister 01/03/2021 Good Condition NUGAAL 650 0000003478 Air Condition Office Of Minister 01/03/2021 Good Condition NLGAAL 650 0000004153 LCD 85-inch TV Screen Display State minster office 01/03/2021 Good Condition NUGAAL 1.200 0000003471 Air condition 1.5 tone Audit General 01/03/2021 Good Condition NUGAAL 550 000-03472 Air condition 1.5 tune Adit General 01/03/2021 Good Condition NilGAAL 55 000031 Finger Printer MoOd Itt IQ aow 012_vc I (jood Condition Qardlio 260 0000003-i I 3 (on 'orim 'ne2Io i)Orwe(t43)0 odCnnijo adt 6 _____ ____ ___________ ___ ______vc__ Lo00 . 6....... 40OI nh svyfic102~ 2I( cI(ntiOu NI.5iAI6 Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 Acquisition .ttsRgo Value Asset ID Serial Number Item Custodian Date status RegSon Vl 0000003315 Outdoor camera 4mp MoF HQ Garowe 16/01/2021 Good Condition NJGAAL 215 0000003316 Outdoor camera 4mp MoF HoQ Garowe 16/01/2021 Good Condition NUGAAL 215 0000003317 Outdoor camera 4mp MoF HQ Garowe 16/01/2021 Good Condition NUGAAL 215 0000003318 Outdoor camera 4mp MoF HQ Garowe 16/01/2021 Good Condition NUGAAL 215 0000003319 Outdoor camera 4mp MoF HQ Garowe 16/01/2021 Good Condition NUGAAL 215 0000003320 Outdoor camera 4mp MoF HQ Garowe 16/01/2021 Good Condition NUGAAL 215 0000003321 Outdoor camera 4mp MoF HQ Garowe 16/01/2021 Good Condition NUGAAL 215 0000003332 Indoor camera 2pm MoF HQ Garowe 16/01/2021 Good Condition NUGAAL 185 (000003333 Indoor camera 2pm Mof HQ Garowe 16/01/2021 Good Condition NUGAAL 185 0000003334 Indoor camera 2pm MoF HQ Garowe 16/01/2021 Good Condition NUGAAL 185 0000003335 Indoor camera 2pm MoF HQ Garowe 16/01/2021 Good Condition NUGAAL 185 0000003336 Indoor camera 2pm MoF HQ Garowe 16/01/2021 Good Condition NUGAAL 185 0000003337 Indoor camera 2pm MoF HQ Garowe 16/01/2021 Good Condition NUGAAL 185 0000003338 Indoor camera 2pm MoF HQ Garowe 16/01/2021 Good Condition NUGAAL 185 0000003339 Indoor camera 2pm MoF HQ Garowe 16/01/2021 Good Condition NUGAAL 185 0000003340 Indoor camera 2pm MoF IIQ Garowe 16/01/2021 Good Condition NUGAAL 185 0000003341 Indoor eameram2pn MoF HQ Garowe 16/01/2021 Good Condition NUGAAL 185 0000003342 Indoor camera 2pm MoF HQ Garowe 16/01/2021 Good Condition NUGAAL 185 0000003343 Indoor camera 2pm MoF H-Q Garowe 16/01/2021 Good Condition NUGAAL 185 00000033-44 Indoor camera 2pm Mol 11Q Garowe 16/01/2021 Good Condition NUJGAAL 185 0000003345 Indoor camera 2pm Mol IIQ 6arowe 16/0112021 Good Condition N1UGAAL 185 ti0C10i345 Indoor camera 2pm MoF IIQ Garowe 16I/0O1/2021 Good Condition \J i&hAL 185 ii40031 ar - - ----- -) (1/o caer 2pni IQ (h6w0 1/22 ood ('id tnion N tI IGAAL25 - ------------------ - - . ....... .a N.( .e i t e .. . ..... . .~~ G ood . .o ... 1. Puntland State of Somalia Public Financial Management Capacity Strengthening Project II Project Number P151492, Grant Number TF0A388 Report and financial statements For year ended 31 December 2021 Acqusitin .Value Asset ID Serial Number Item Custodian Acquisition Status Region u Date s 0000003292 CNCRN9Q7P8 printer hp color Bosaso Custem 12/01/2021 Good Condition BARI 495 0000003945 CNCRN9Q7NB printer hp color Admin and finance 12/01/2021 Good Condition NUGAAL 495 0000003944 CNCRN9Q7Q8 printer hp color Health Professionals 12/01/2021 Good Condition NUGAAL 495 0000003290 MPIREXE7 Lenovo Desktop internal Audit 12/01/2021 Good Condition NUGAAL 1,250 0000003291 MPIRF23G Lenovo Desktop Internal Audit 12/01/2021 Good Condition NUGAAL 1.250 0000003946 CNCRN9Q7NG printer lp color Inland Revenue 12/01/2021 Good Condition NUGAAL 495 0000003947 CNCRN9Q7PF printer hp color Inland Revenue 12/01/2021 Good Condition NUGAAL 495 0000003289 MPITFJ62 Lenovo Desktop W.Qorshaynta NGO Regestration 12/01/2021 Good Condition NUGAAL 1,250 208,870