NATIONAL AUDIT OFFICE aHUD/D/SCDP/04/21/01 11 July 2022 My No. Your No. j Date The Secretary Ministry of Urban Development and Housing Report of the Auditor General on the Financial Statements of the Strategic Cities Development Project for the year ended 31 December 2021 The English version of the above mentioned report along with a copy of the certified financial statements is sent herewith. W.P.C.Wickrarnaratne Auditor General Copies to: - 01. Secretary, Ministry of Finance, Economic Stabilization and National Policies 02. Project Director, Strategic Cities Developinent Project .... . . .... NATIONAL AUDIT OFFICE aef 6 ~ HUD/D/SCDP/04/21/01 n 1Vo July 2022 My No. I Your No. J Date The Secretary Ministry of Urban Development and Housing Report of the Auditor General on the Financial Statements of the Strategic Cities Development Project for the year ended 31 December 2021 1. Financial Statements 1.1 Qualified Opinion The audit of the financial statements of the Strategic Cities Development Project for the year ended 31 December 2021 comprising the statement of financial position as at 31 December 2021 and cash flow statement for the year then ended and notes to the financial statements, including a summary of significant accounting policies, was carried out under my direction in pursuance of the provisions in Article 154(1) of the Constitution of the Democratic Socialist Republic of Sri Lanka read in conjunction with Section 11 (B) (3) of the Loan Agreement No. 5428-LK dated 12 September 2014 and Additional Finance Loan Agreement No. 5800-LK dated 20 July 2016 entered into between the DermociaLik Socialist Republic of Sri Lanka and the International Developnent Association. In my opinion, except for the effect of the matters described in the Basis for Qualified opinion section of my report, the accompanying financial statements give a true and fair view of the financial position of the Project as at 31 December 2021 and its cash flows for the year then ended in accordance with Sri Lanka Accounting Standards. 1.2 Basis for Qualified Opinion * Parity adjustments amounting to Rs. 2,650.533 million made by the General Treasury during the period of the Project had not been brought to the financial statements up to 31 December 2021 1 0oc 306/72, @Cs3W) eX , G ' , @(g& cD6. * o 306/72, QUff6Zmr OpP, ubgagpabmos, 8Wrma. No. 306/72, Poldna Road, Bataramulla, Sri Lanal. +9411 2 88 70 28 - 34 +94 11 2 88 72 23 ag@auditorgeneral.gov.1k www.naosL.gov.1k NATIONAL AUDIT O1LFIzE NAOSL I conducted my audit in accordance with Sri Lanka Auditing Standards (SLAuSs). My responsibilities, under those standards are further described in the section of Auditor's Responsibilities for the Audit of the Financial Statements section of my report. I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my opinion. 1.3 Responsibilities of Management and Those Charged with Governance for the Financial Statements Management is responsible for the preparation of financial statements that give a true and fair view in accordance with Sri Lanka Accounting Standards, 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. Those charged with governance are responsible for overseeing the Project's financial reporting process. 1.4 Auditor's Responsibilities for the Audit of the Financial Statements My objective is 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 my opinion. Reasonable assurance is a high level of qssurance, but is not a guarantee that an audit conducted in accordance with Sri Lanka Auditing Standards 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 Sri Lanka Auditing Standards, I exercise professional judgment and maintain professional scepticism throughout the audit. I 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 my opinion. The risk of not detecting a material misstatement 2 NATIONAL AUDIT OFFICE NAOSL 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 the management. * 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. I communicate with those charged with governance regarding, among other matters, significant audit findings, including any significant deficiencies in internal control that I identify during my audit. 1.5 Report on Other Requirements of the Lending Agency As required by the International Development Association, I state the followings: (a) funds provided had been utilized for the purposes for which they were provided, (b) Statements of Expenditure (SOE) submitted could be fairly relied upon to support the applications for reimbursement in accordance with the requirements specified in the Loan Agreements, (c) opening and closing balances, withdrawals from and replenishments to the Special (Dollar) Account had been truly and fairly disclosed in the books and records maintained by the Project and the balance as at 31 December 2021 had been satisfaitbrily reconciled with the accounting records of the Central Bank of Sri Lanka as at that date, 3 NATIONAL AUDIT OFi4IL6 NAOSL (d) satisfactory measures had been taken by the management to rectify the issues highlighted in my previous year audit report, and (e) financial covenants laid down in the Loan Agreements had been complied with. W.P.C.Wickramaratne Auditor General 4 NATIONAL AUDIT OFFICE a ar . HUD/D/SCDP/04/2 1/01 . a . o July 2022 My No. Your No. Date The Secretary Ministry of Urban Development and Housing Report of the Auditor General on the Financial Statements of the Strategic Cities Development Project for the year ended 31 December 2021 The English version of the above mentioned report along with a copy of the certified financial statements is sent herewith. W.P.C.Wickramaratne Auditor General Copies to: - 01. Secretary, Ministry of Finance, Economic Stabilization and National Policies 02. Project Director, Strategic Cities Development Project qae 306/72, socxe o0. Wtftoelt, @ C8-S ao. 306/72, Qu6rraWv sOa, us5e&6agev, ae,rt'osi . No. 306/72, Polduwa Road, Battaramulla, Sri Lanka. o6v +94 112 88 70 28 - 34 +94 112 88 72 23 < ag(@auditorgeneral.gov.1k + wwwnaosl.gov.1k Ministry of Urban Development & Housing Strategic Cities Development Project Financial Statement for the year ended December 31,2021 IDA Loan No. 5428 LK, 5800 LK Table of Contents 1 Introduction 1 2 Management Assertion 3 3 Statement of Financial Position 4 4 Statement of Funds and Reserves 5 5 Cash Flow Statement 6 6 Significant Accounting Policies & Notes to the Financial Statement 7 7 Property Plant & Equipment 11 8 Notes to the Financial Statement 12 Introduction The project development objective is to improve selected urban services and public urban space in Kandy & Galle and Jaffna cities. Loan Agreement No. 5428 LK dated 12th September 2014, entered into between THE DEMOCRATIC SOCIALIST REPUBLIC OF SRI LANKA ("Recipient") and INTERNATIONAL DEVELOPMENT ASSOCIATION ("Association") for Kandy & Galle city project. The Financing Agreement became effective from 16th October 2014. The total project cost is USD 192.08 million of which USD 147.00 million shall be financed by the International Development Agency (IDA) and the USD 45.08 million from gosl funds. Additional finance Loan Agreement No. 5800 LK dated 20th July 2016, entered into between THE DEMOCRATIC SOCIALIST REPUBLIC OF SRI LANKA ("Recipient") and INTERNATIONAL DEVELOPMENT ASSOCIATION ("Association") for Jaffna City. The Financing Agreement became effective from 19th October 2016. The total project cost of Jaffana city is USD 65 million of which USD 55.00 million shall be financed by the International Development Agency (IDA) and the USD 10 million from gosl funds The disbursement of the credit is on the basis of the Interim unaudited financial report (IUFR). The PMU is required to submit quarterly financial monitoring to World Bank as per the agreed formats no later than 45 days following the end of the reporting quarter. The project has received an advance amount of USD 67.65 million from original credit and USD 22.10 million from IDA for disbursement purpose from the begining of the project to end of the period 31/12/2021 Project Compon 2. Part 1: Kandy City Region Urban Interventions This Component aims to support priority infrastructure investments in Kandy City, to improve connectivity, achieve significant urban transformation to support economic growth in Kandy City Region, and improve the overall liveability and investment attractiveness of Kandy City Region, through the following activities: (a) Urban services improvements and public urban spaces enhancements. Provision of support for urban services improvements and public urban spaces enhancements, including: (i) Traffic improvements, including rehabilitation of selected by-pass roads, and establishment and improvement of selected transport facilities and traffic management measures; (ii) Augmentation and rehabilitation of Kandy City Region's municipal water supply system; (iii) Rehabilitation of major drains; (iv) Urban upgrading, including the enhancement of selected streetscapes and public spaces, restoration and adaptive reuse of historic and landmark buildings; (v) Development of an integrated master plan. (b) Institutional strengthening and capacity building. Provision of capacity building support for Project Partner Agencies for the planning. design, and maintenance of urban infrastructure, and the provision of municipal services. Part 2: Galle City Region Urban Interventions This Part of the Project aims to improve liveability by protecting and developing the urban environment of Galle City Region: support priority investments in infrastructure and services, organize city functions to increase investment attractiveness, enhance public urban spaces, and achieve significant urban transformation to support economic growth in the Galle City Region. through the following activities: 2. Management Assertion Letter Auditor General National Audit Office No.306/72, Polduwa Road Battaramulla Financial Statements of the Strategic Cities Development Project (Kandy, Galle & Jaffna) for the year ended 31 December 2021 This refers to the financial statements of the Strategic Cities Development Project (Kandy, Galle & Jaffna) for the year ended presented herewith in terms B. 3. of Section II of Schedul 2 of the Loan Agreement 5428 LK & 5800 LK originally dated September 12,2014 and ammended & restated on dated July 20,2016 for audit purposes. We acknowledge our responsibility for the fair presentation of the financial statements in accordance with Sri Lanka Accounting Standards/Generally Accepted Accounting Principles/Sri Lanka Public Sector Accounting Standards (as the case may be) and we confirm that to the best of our knowledge and belief, the following representations made to you for audit of above mentioned statements. a) The financial statements of the for the Strategic Cities Development Project (Kandy, Galle & Jaffna)year ended 31 December 2021 are free of material misstatements including omissions b) The funds provided by the Lending/Donor Agency have been used for the purposes foe which they were provided. c) The expenditure of the Project are eligible for financing under the Loan/Credit/Grant Agreement. d) The management or employees who have a significant role in internal control and made a material effect on the financial statements of the Project have not involved in any irregular activities. e) All books of accounts, supporting documents and other necessary information requested by your staff are made available to complete the audit timely. f) The Project has complied with the condition of all relevant legal requirements including Loan/Credit/Grant Agreements, Project Appraisal Documents, Minutes of Discussion and the Borrowers Project Implementation Plans. Project Director Deputy Director Finance 3 MINISTRY OF URBAN DEVELOPMENT & HOUSING STRATEGIC CITIES DEVELOPMENT PROJECT INTERNATIONAL DEVELOPMENT ASSOCIATION CREDIT NO 5428 LK & 5800LK Statemen Of Financial Position as at 31st December 2021 (All amounts in Sri Lankan Rupees) Note Kandv Galle & Jaffna ndy & Galle Jaffna 2021 2020 I 2021 2020 2021 2020 NON CURRENT ASSETS Property, Plant And equipment 7 17,027,426 22,928,108 15,598,386 21,125,450 1,429,040 1,802,657 CURRENT ASSETS Advance to Contractors 8 469,340,609 743,930,929 277,951,778 466,698,397 191,388,830 277,232,532 Advances and Other Receivable 9 6,251,878 5,020,437 4,224,832 4,720,437 2,027,046 300,000 Cash and Cash Equivalents 10 1,170,508,374 735,568,886 533,461 585,382,000 1,169,974,913 150,186.886 1,646,100,861 1,484,520,252 282,710,072 1,056,800,834 1,363,390,789 427,719,418 |DEVELOPMENT EXPENDITURE COMPONENT 01 Kandy City Region Urban Interventions 11 8,598,934,420 7,352,349,500 8,204,560,934 7,352,349,500 394,373,486 COMPONENT 02 Galle City Region Urban Interventions 12 3,624,013,066 2,576,502,809 3,332,180,420 2,576,502,809 291,832,645 COMPONENT 03 Implementation Support 13 1,438,428,836 1,296,306,774 1,438,428,836 1,296,306,774 COMPONENT 04 4.1 Road & Traffic Management 1,858,509,111 1,143,656,379 1,858,509,111 1,143,656,379 4.2 Drainage Improvement 195,524,172 123,503,382 195,524,172 123.503,382 4.3 Urban Upgrading & Cultural Heritage 162,217,557 87,749,660 162,217,557 87749,660 4.4 Capacity Building & Implementation Support 4.4.1 Capacity Building 180,717,269 180,717,269 180,717,269 180,717,269 4.42 Implementation Support 13 211,009,076 131,447,565 211,009,076 131,447.565 Land Resettlement and Land related payment 14 1,826,663,748 1,742,492,052 1,699,318,438 1,661,733,337 127,345,310 80,758,715 Expenditure for Anuradhapura and Trinco City Development Project 74,775 - 74,775 18,096,017,253 14,634,800,163 14,674,488,628 12,886,967,193 3,421,528,625 1,747,832,970 TOTAL ASSEST 19,759,145,539 16,142,248,523 14,972,797,086 13,964,893,478 4j786,348,454 2,177,355,045 LIABILITIES -iRetention 15 387,342,670 433,858,193 281,933,700 366,295,541 105,408,970 67,562.651 Provision 18 19,979,910 23,163,284 8,468,675 21,832,034 11,511,235 133 1,250.00 407,322,580 457,021,476 290,402,376 388,127,575 116,920,205 68,893,901 FINANCED BY IDA Loan - Foreign Component 16 13,562,687,422 11,309,339,384 10 488,912,690' 9,745,573,905 3,073,774,731 1,563,765,479 IDA Advance - Foreign Component 16 1,469,793,972 475,644,486 451,738,384 347,524,095 1,018,055,589 128,120,391 Domestic Funds 17 3,611,449,464 3,275,897,083 3,181,376,064 2,981,376,064 430,073,399 294,521,019 Finance by UDA Revaluation Gain or (Loss) 707,892,101 624,346,094 560,367,571 502,291,839 147,524,530 122,054.255 19,351,822,959 15,685,227,047 14,682,394,710 13,576,765,903 4,669,428,249 2,108,461,144 TOTAL EQUITY AND LIABILITIES 19,759,145,539 16,142,248,523 14,972,797,086 13,964,893,478 4,786,348,454 2,177,355,045 The Accounting policies on Pages 7 to 10 and notes on pages 12 to 14 are an integral part of this financial statement. The 1- Accounting Officer is responsible for the preparation and presentation of these financial statements. W R De Silva H IDayananda Sirinimal Perera Deputy Project Director (Finance) Project Director The Secretary SCDP SCDP Ministry of Urban Development & Housing 4 � ,.. ^ � _ а "1 Ё � aq с т еа � С7 °� �..._ .... mI �I о_ °а Е � j й bв О а � ; ......... а_ - ё , U i � �� �ьс ,�i т � - ' � .... . ..... .._. 1 _ � �j ',,, .� � Ё � . ,,,,,,',,.. ы. ё = _ ,,,,, �п'. �°. `ё й ^ а" , � r М _ иg „ ьс � °_-� ^ `���� ( ' I,. '� 3 � � . ,,, м гг. < � У �� I� р ( О� rv) L С t I � � � ( �ё ' с .._ с ^ ......... v� ......__�' М � � р yI � - � рС U � ..� ........�.. . ......,..... .... С О � ° Е S �I ........... т� о Я ( �� w`с� ' � ё ^ _.. . ,.. .. .qI ',,. : г_'+ ` , '� �i � � п � ' .� ,,,,, _ �I ш� <О ( И �) '� М ��� У м. О�. V) О п,i,.�� О а ( ^ ��,, �,,,�, и F т' - °н� ( 1 ( о'�,,,. �.i а � � � .,. ; �, __ _ ( �I у°а ( ~I '�,...... � ......... х �1 ' 3 ^'°t _ е � V й У , -_ � 5 � ° Е �' � ,ё .. ё ? , � о 0 'ь, у и i_ 1 � РО [г°. � ° r°. ',, ' а i , е � с � ,_ ._..... Z х � �. � е � V `� �� г °J �'ц � � ,.,� У� � и � С i- i fs Q О . ..''.. М( г F .._....._ .._._._ � . ш а "' _ z 4 О у л j I ш О, й _ - ' й ш � � � ^� � N ° ш т ш` н'� '�, � LL �,. С ш , ` � ,,,,,,,, � ы�Х' Е � F д �� � ��г3 � О r о � - - _> ы�с� _ � � � ; � � � .L .� � F � Е ..сС й, в Е < � �и � � �, й � т�' i� �i aict Рд� MINISTRY OF URBAN DEVELOPMENT & HOUSING STRATEGIC CITIES DEVELOPMENT PROJECT Cash Flow Statement for the peried ended 31st December 2021 (All Annamis 1. Sri La.ka.,.I.e,) K,"dy & Gone, Jalb. Kmal, G.11c, J.ff.. Kandy & G.11. Kandy & Gidic J.ff.. J.ff.. 2021 2020 2021 2020 2021 2021) Cash FI-s from Oj ratm, Activities Survc, ing Cost (298-850)1 (20.000)1 (45-000)1 (20.000) (253.850) Salaries 8-- Wages (127172557) (172.415.402) (91.000.973) 1 (ISZ848.044) (36.171.384) (19.567.358) Indi6dual Consultant (6.870.000) (5.625.000)1 (3,600.000)= (5625X0) (3.27(1000) Works and Consultancv (2927361,798) (2.768.467.987) (1.503,504268):, (2.194.082.135) L423.857530) (574385852) Vehicle hiring Charges (52535.159) (59.136.863) (32.983.977)1 (47.289.137), (19.551.182) (11.847.726) Govcrimient All-w ADR and AFD Refireshrocrit and Logistic arrangement Jafna expenses Acconiniodation Charges (207,215)1 (2.730)_ (53A30) (2.7-SO)i (153,785)[ (782.414) (1.359.412) i (641014) (1217643)] (140-400)1 (141769) . ... ........... . . . ............. . ..................................... . ........................ ............ Em. nonment Clearance (500000) (500.000) Parking Charge Refreshment and Logistic arrangement (963.651) (1.897443)i (495.362) (1149848) - - ---- 468289)i (747595) Sample wsting Stafioncr (1.429.133) (1.740.224)1 (1.187.426) (t.663.706) (241.707)1_76 518)_ Telephonic Charges (1.922.594) (2.002 209) (1,123.042) (1.885 899) (799.552)1 Translation (39188) (18-993)1 (25.683) (18993) (13.50S)l T,,,clli.g cost (47.491) (2.440)i (47.491) (2,440) Office Rent ............... (14,957 699) (I0.56K097) (13-736-899)1 (5-749.456)1 (1.220800) Elcctricit% and Water (961153) (L198-768)1 (629327) (998,690) (333.427)1 (200.078) r'-ig. Ta,cl ling - Saintar, Expenses (1,505.581) (1 (1,054,505) (L717,401) (45 L077)1 (158571) Postal and courier charges (99.375) (9.171)7 (68575) (88,975) (3o.80o)l (1.400) Tranning Cost (27.499)1 (27.499) . . ........ - - ------- h, ing ofpremises (423.166) (427A96) (423.166) (427496) Repair &, Maintanance (1.070.072) (1.450.756) (534,365) (1337641)i (535.708)1 (113.114 Insurance :, lission Exponscs, LARC EAC Expenses (30 971784) (52,032.573)i (22,955 620) (47.456.668)1 8.016.164)1 (4.575.90i) Land Pa mcnt (53.429.709) (31,359.424) (16. ?4)1 (38.570,431T National Strategic Cities Development Pmjw Lee .1 Fee (3.296.845) (2,876,425) 420.420)1 TEC pavmcnt 23.000 (522.650) 23,000 (395.650)j (127000) Bank Charges/ LC Expenses 72.803 (450) 72,803 (450)1 Fuel KMTT senses cost Net Cash Flows from Operating Activities (3,230,111,487)1 (3,136,632,384) (1,690,659,454)1 (2,522,924,893) (1,539,452,033)1 (613,707,491) Cash Fl-afruin I.-ftneirdArthif... Purchase of Propertv. Plant and equipment 584)1 (552,435) (437-584)1 (532.435) Pa mrucnt of Refundable Deposit _Rctroactke finance ! t C. h Flows from Ini estment Activities (552,435) (437,584)1 (552,435) C. Financing from World Bank 1 3.247.497.524 2.544.130,410 847,553,074 2359,917.910 2.399.944.450.00 185.212-,00 Financing from Government of Sri Lanka . .... 335.552,381 477,054169 200,000.000 4 [7,496,505 135552380.65 59 i 57764 Retroactive finance Gain or (loss) 83.546.007 49.783.083 i8,075.733 34.52 :,.928 25.470.274.82 15.257.154 Net Cash Flows from Financing Acth ities 3,666,595,912 3,070,967,761 1,105,628,807 2,810,940,344 2,560,967,105 260,027,418 Net Increase/(Decrease) Cash and Cash Equivalents 436.046.842 (66.217.058) (585,4%23 [)1 287A63.016 1,021,515.073 (353.680.074) Cash and Cash Equivalent Beginning oftbe period 736,488,578 802,705,636 186,001,692 298,538,676 50,486,886 504,166,959 Cash and Cash Equivalents at the End of the period (Note 10) 1,172,535,420 736,488,578 533,461 586,001,692 1,172,001,959 150,486,886 Note Cash Ad%arcc and LC Margin Account I EE BOC Battaramulla (Foreign) 6.059.836 2,966.002 371471 15.1d262 5,688364,70 1462740 Central Bank Designated Account 1.164448539 732601884 161991 593878738 L164286547.92 148.724146 Cash Ad% anoc and Other Recenable 2.027.046 919.692 1 2.02704600 .300000 Cash and Cash Equivalents at the End of the period 1,172,535,420 736,488,578 533,461 586,001,692 1,172,001,959 150,486,986 6 MINISTRY OF URBAN DEVELOPMENT & HOUSING STRATEGIC CITIES DEVELOPMENT PROJECT Significant Accounting Policies & Notes to the Financial Statement 6.1 The financial statements of the project have been prepared in accordance with Sri Lanka Accounting Standards (LKAS) and are applied consistently on a Accrual basis except the implementation Support expenses. No adjustments have been made for inflationary factors affecting the financial transactions other than for exchange rate variations. Cost has been capitalized broadly into development cost and operational cost where applicable. An Income and Expenditure Statement has not been presented as there was no income to the project and since all expenditure is capitalized. Miscellaneous receipts, specially non- refundable tender deposits, if any have been directly remitted to the consolidated fund through the Ministry of Urban Development, Water Supply and Housing Facilities. Administration and other recurrent costs have been capitalized as implementation support and purchases of asset cost is accumulated in non-current asset accounts after deducting the Depreciation. Deprecialtion policy has been changed to date of purchase of such assets instead of following year of depreciation. Estimate changes has been calculated and adjusted to current year depreciation. 6.2 Post Balance Sheet events There were no material post balance sheet events which require adjustments in the financial statements for 2021 6.3 Assets and Basis of their Valuation 6.3.1 Property, plant and equipment (a) Recognition and measurement Property, plant and equipment purchased under Component 3 in Kandy and Galle project Component 4 in Jaffna project- implementation support as per the Project Appraisal Document of the project are shown at historical cost less depreciation. Property, plant and equipment are recognised if it is probable that future economic benefits associated with the asset will flow to the project and the cost of the asset can be measured reliably. All items of property, plant and equipment are initially recorded at cost. Subsequently it will be measured at cost less accumulated depreciation. Significant components of an asset are identified and depreciated separately- (b) Cost The cost of property, plant and equipment comprises its purchase price and any directly attributable cost of bringing the asset to vorking condition for its intended use. 7 MINISTRY OF URBAN DEVELOPMENT & HOUSING STRATEGIC CITIES DEVELOPMENT PROJECT Significant Accounting Policies & Notes to the Financial Statement (c) Subsequent expenditure Expenditure incurred to replace a component of an item of property, plant and equipment that is accounted for separately, including major inspection and overhaul expenditure, is capitalised. Other subsequent expenditure is capitalised only if the recognition criterias are met. (d) Depreciation (e) Property, plant and equipment Depreciation is calculated by using a straight-line method on the cost of all property, plant and equipment at the following rate per annum in order to write-off cost of such assets over their estimated useful lives Office Partition and renovation 10% Air Condition 10% Office Equipment 10% Office Furniture 10% Computers and Accessories 15% Depreciation has been charged form the date of purchase such assets. 6.3.2 Development Expenditure Development expenditure includes expenses on components 1, 2 for Kandy & Galle project and component 4.1 , 4.2 , 4.3 and 4.4.1 Jaffna Project as per the Project Appraisal Document of the project, including the value of property plant and equipment purchased for the administration of the projects. 6.3.3 Implementation Support Operational expenditure includes all staff cost and incremental recurrent cost relating to the project administration and operation incurred under Component 3 and 4.4.2 of the projects. 6.4 Receivables Receivables, if any, are stated at the values estimated to be realized. 6.5 Advance Advance payment to contractors and consultants are given in the Note 08. 6.6 Cash and cash equivalents Cash and cash equivalents include cash at banks including balances at the Central Bank Designated Account and Bank of Ceylon Accounts and Advances and Balances petty cash imprest. 6.7 Cash Flow Statement Cash flow statement has been prepared as per LKAS 7. 6.8 Liabilities and provisions All known liabilities as at the end of the Balance Sheet date are included in the financial statements. No Provision has been made for this financial Statement refer the note 6.8.1 for the land related payment 8 MINISTRY OF URBAN DEVELOPMENT & HOUSING STRATEGIC CITIES DEVELOPMENT PROJECT Significant Accounting Policies & Notes to the Financial Statement 6.8.1 Land Resettlement and Land related payment Amount of Rs 12,016,523 to be payable by the project on land acquision and resettlemnt process which may arise liable if the compliance are met by the parties concerned. Provision has made on account and details of projects are as follows. Project 2020 2021 Kandy 1. Katugasthota Madawala Digana Road Kundasale 1,538,720.00 1,345,195.00 Pathadumbara 1,971,750.00 1,576,516.00 2. Dharmashoka Mawatha_ Gangawatakoralaya 625,812.00 372,266.66 4,136,282.00 3,293,977.66 Jaffna 1. AB 31 Road Vadamarad chchi North 200,000.00 200,000.00 Thenmarad chchi 70,000.00 70,000.00 2. AB 21 Road Valikamam South west 146,250.00 146,250.00 Valikamam west 915,000.00 915,000.00 1,331,250.00 1,331,250.00 Galle 1. Moragoda Ela 5,572,139.00 4,245,162.50 3. Package B Hirimbura Ela 235,000.00 615,275.00 4. Packaie C Beligaha 120,000.00 20,000.00 Donald Janz 50,000.00 50,000.00 Didiswaththa Bridge 220,000.00 100,000.00 Milidduwa Bridge 351,851.00 144,260.00 6,548,990.00 5,174,697.50 Total 12,016,522.00 4,625,227.66 Total 6.8.2 Gratuivity provision - The total liability of gratuity as at year end 31/12/2021 is Rs. 10,179,985.00 9 MINISTRY OF URBAN DEVELOPMENT & HOUSING STRATEGIC CITIES DEVELOPMENT PROJECT Significant Accounting policies & Notes to the Financial Statement 6.9 Litigation - The following litigations are pending as at 31/12/2021 against the project 6.9.1 Legal Action taken in Courts i. Filed at Galle District Court, (SP3869) BY Ms Sisirani Pathiranawasam - Value of Claim Rs 2,520,000.00 ii. Filed at Galle District Court,(SP3868) by Ms Borala Jayawardena Liyanage Malani Wickramasinghe -Value of Claim Rs 1,777,709.00 iii. Filed at Galle District Court,(M/1 1392) recovering the estimated price of Rs 5,086,15210 and 12% interest + Rent Rs 15,000.00 per month until settlement date iv. Filed at Galle District Court,(432/2021) by Mr Upali Amarasiri - Petitioner prayed grant and issue writ of prohibition preventing the land to the Responded from the transferring to any other than the petitioner and grant costs and other reliefs determined by the court. v. The matter of an Application for leave to Appeal filed at the Supreme Court by BPPE (S.C.(H.C)17/2020) - Reoperation the order dated 12.02.2020 made by the Commercial High Court and reinstating the enjoining order prayed by the Responded and grand costs & other reliefs determined by the court. vi. Filed at Colombo District Court by the Greentech Consultants Pvt Ltd (DSP/198/2021) - Value of claim Rs 171,176,171.79 and USD 162,246.98 vii. The petition filed at Court of Appeal by the Greentech Consultants Pvt Ltd, seeking injunctive relief against to the Termination of Contract (CA/INJ/001/2021) - Preventing the Respondent acting on the purported Notice of Termination effect from 12.04.2021 for the Contract and award the Costs and other reliefs determined by the Court. 6.9.2 Arbitration V V Karunarathne & Co .Vs Ministry of Mega polis & Western Development Related to the Contract for Rehabilitation & Improvement of Katugasthota Madawala Digana Road. (SCDP/WB/WK/KD/02) i. Greentech Consultants Pvt Ltd .Vs Ministry of Mega polis & Western Development Related to Consultancy service for Social Impact Assessment ,preparation of R.A.P. for construction of KMTT in Kandy (SCDP/WK/GL/02) ii. Ministry of Mega polis & Western Development Vs BPP Engineering pvt ltd Related to Contract for rehabilitation of Moragoda Ela Main Canal and Temple bypass in Galle (SCDP/WB/WK/GL/02) 6.10 Financing 6.10.1 World Bank The Loan has been categorized in terms of the loan agreement depicting foreign currency withdrawals and local currency withdrawals separately. 6.10.2. GOSL Funds used for project activities are reflected in the Government of Sri Lanka (DF) Account. 6.10.2 Revaluation Gain / (Loss) The cumulative amount is as a result of valuing the balance as at the end of each month in the Dollar account at the Central Bank at the spot rate on the last day of each month. Parity difference if any is shown separately as a revaluation gain or loss and added /deducted from the loan balance. 6.11 Expenditure Recognition Expenditure is accounted on accrual basis except project implementation cost 10 �� N v � и ш аа: N � й й и и М N Й Й h i т О �.. д N h О И� и; л е ' гп r � й сё гп й й аё' аа ао г� Т N{...': й т аа й т н ш т N у у� �� р� а0 и а0 И N О С- п1 О - м Й N 1� 16 (р И и М !С � _ м �������и ���т м и и и n о м м n л т ш и оо n и а _ rv� и и н а н л и и о 10 А ш й ьо n м т'��.. т н n о й р с о о н м и н ~� � rci м л н т _ � .....�......,..... , .-, - т а т и ао ео �и т:'�.. т т n о и т°° т т ь� й о.�i!..''..... rv v w ё т � д7 о�� N ь� N n�::..''.., ао й й й ? а а ао т и а г� м n н � й ° n и м н т i''��.. м м г�'v глк н с �^ т У =�'id .и о tO гv и.`Q� , а а.о..т т.И.о. '� И о Уи1 Ю О �О Q.. 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N W Ф Ф 01 д •� с � о..... а� ы и д л д д д..а д р U а 4 о i м 9 н й т � wI ы й ы ы....... ы ш i.v � с � т о т ы т о ° т ш ш ш ш'.... ш т � Е о о❑ о о о о +• � Q ? � й � т р т'q п т и+' о а й у°1 ° й'� й с т м"'�. т м м м м С � У с" с Е с� с � � а � т'v � й f0 а т �' n т(���. т т т т т и n 'с й т а т а т о т � а" а а¢ а а" а M [N[STRV OF URBAN DEVELOPMENT & HOUSING STRATEGIC CITIES DEVELOPMENT PROJECT Notes to the Financial Statements (All amounts in Sri Lankan Rnpees J ;dy & Galle, K..dy Gall .,,B' .Tna Kand, & G*JIe Ja 1TOR a na Kand, & Galle Jaffna 2,021 2,021 2,021 2020 2020 2020 8 Advance to Contractors EML Consultant SWS Consulting Engineering Resources Development Consultants Sierra Construction 182,101,530 182,101,530 197,031,055 197,031,055 Maga Engineering 65,076,035 65,076,035 Gnanam Builders K P K Builders - Mary Contractors - Sri] Lanka Land Development Corporation 10,025,952 10,025952 SMS Hodlings 2,983,203 2,983,203 5,099,491 5,099,491 S u bas i n ' ehe (oiitractors& E rih Nlo\er,5 11,061,578 11,061,578 Sierra Construction Ltd - Sierra Construction Ltd 3,480,327 3,480,327 Sierra Construction Ltd 41,835,795 41,835,795 A G Melco Elevator Company - A G Melco Elevator Company Engineering Consultants (Pvt) Ltd - ELS Construction (Pvt) Ltd - - Central Engineering Services (Pvt) Ltd 9,889,688 9,889,688 2,794,000 2,794,000 V.V.Karunarathria & Company - V.V,Karunarathna & Company 242,244,504 242,244,504 - ELS Construction ELS Nimsam Joint Vento 21,920,895 21,920,895 ELS Construction (Pvt) Ltd - Dhanu Contractors - MG Consultants (Pvt) Ltd. - Nimsara Construction and Engineering (Pvt) Ltd 8,850,665 8,850,665 Bandaranayake Builders & Constructions 1,507,420 1,507,420 ELS Nimsara Joint Venture 81,856,980 81,856,980 Squire Mach Engineering (Pvt) Ltd. Squire Mach Engineering (Pvt) Ltd JV of Ludwig Pfeiffer-Gypsum Structural - Weerasooriya Builders 4,090,974 4,090,974 Squire Mach Engineering (Pvt) Ltd. - Isuru Builders - Central Engineering Services (Pvt) Ltd 6,304,097 6,304,097 5,442,727 5,442,727 Central Engineering Services (Pvt) Ltd 10,598,909 10,598,909 Dockyard General Engineering Services - Bandamnayake Builders & Constructio Bandaranayake Builders & Constructio - Greentech Consultants (Pvt) Ltd 7,916,886 7,916,886 Laugfs Engineering (Pvt) Ltd 4,782,716 4,782,716 Sanken Construction (Pvt) Ltd 32,751,074 32,751,074 Sripali & Dhalv JV (Pvt) Ltd 26,646,633 26,646,633 Darinton Construction (Pvt) Ltd 36,999,941 36,999,941 Sanken Construction (Pvt) Ltd - - Subasinghe Contractors & Earth Movers 14,619,464 14,619,464 Business Promoters & Partners Engineering (Pvt) Ltd - State Development & Construction Coporation Edward and Christie Ecl-ird , Christie - - - Nawaloka Construction Co. (P,,t) Ltd 3,698,020 3,698,020 19,444,457 19,444,457 Nawaloka Construction Co. (Pvt) Ltd - 8,379,547 8,379,547 Edward and Christie - ELS Construction (Pvt) Ltd Greentech Consultants (Pyt) Ltd Namloka Pilling JCK Constructions (PVT) Ltd 3,048,206 3,048,206 6,019,211 6,019,211 Sri Lanka Land Reclamation & Development - 93,448,306 93,448,306 ELS Construction (Pvt) Ltd - - Ralic Engineering (Pvt) Ltd - 8,079,963 8,079,963 ELS Construction (Pvt) Ltd 19,071,359 19,071,359 14,169,930 14,169,930 469,340,609 277,95t,778 19088,830 7413 930 929 466,69"97 277,232,532 9 Advances and Letter ofCreditMargin Account Receivale from other project - 4,224,832 4,224,832 4J00,745.21 4,100,745.21 Petty Cash Imprest - - - - Cash Advance & Other Receivable 2,027,046 2,027,046 919,692.18 619,692.18 300,000.00 6,251,87R 4 :24 832 2.027,046 5,020,437 4,720,437 300A00 Receivable from Anuradhapura Integrated Development project Amounting to Rs 2604,832.22 and Urban Project Preparatory Facility amounting to Rs 1,620,000 as sharing of Overhead 10 Bank Balances Designated Account 1,164,448,539 161,991 1,164,286,549 732,602,884 583,878,738 148,724.146 Bank ofCeylon - (Foreign) Battaramulla 6,059,836 371,471 5,688,365 2,966,002 1,503,262 1,462.740 11110,50"74 533,461 .... .. 1,169,974,913 735,568,8M 5M,482 0_00 . .... . .. 150.186,886 .... .. .... ...... . . .... I I Kandy City Region Urban Interventions I I Urban upgrading 1,843,116,556 1,808,505,385 34,611,172 1,558,385,054.4 1,558,385,054.4 1.2 Drainage 2,100,820,111 2,085,466,352 15,353,758 1,995,731,696A 1,995,731,696.1 13 Roads 2,291,492,076 2,045,143,329 246,348,748 1,867,632,332.5 1,867,632,332.5 1 4 Water 898,299,204 897,753,618 545,596 852,250,007.9 852,250,007.9 1.5 Transport 1.295,163,363 1,197,649,140 97,514,223 908,307,299 2 908,307,299 2 1.6 Institutional Development& Goods & Equipment 170,043,110 170,043,110 170,043,109.8 170,043,109.8 . ............ 8,5913L934,420 8,204,560,934 394,373,486 7J 2 349,500 7,352,349,500 12 MINISTRY OF URBAN DEVELOPMENT,WATER SUPPLY & HOUSING FACILITIES STRATEGIC CITIES DEVELOPMENT PROJECT Notes to the Financial Statements (All amounts in Sri Lankan Rupees) Kandy & Call, Kandy & GaIle, Jaffna Kanda & Galle Jaffna Jaffna Kandy & Galle Jaffna 2,021 2,021 1 2,021 2020 2020 2020 12 Galle City Urban Interventions 2.1 Urban upgrading 1,225,731,849 1,073,010,953 152,720,897 721,218,589 721,218,589 2.2 Drainage 2,157,415,007 2,040,151,964 117,263,042 1,660,811,263 1,660,811,263 1.6 Institutional Development & Goods & Equipment 240,866,210 219,017,503 21,848,706 194,472,957 194,472,957 3624013066 3,332,180,420 291,832,645 2.576502.809 2.576502,809 - 13 Implementation Support Incremental and Operating Cost 1,643,099,596 1,432,464,138 210,635,458 1,421,216,879 1,290,142,931 131,073,948 Depreciation 6,338,316 5,964,698 373,617 6.537.460 6,163,843 373,617 8,649437,912 8,438428836 211009.076 1.427,754339 1296-406,774 131.447.565 14 Land Resettlement and Land related payment Land Resettlement interest payment EAC 1,820,117,752 1,692,772,443 127,345,310 1,735,946,056.36 1,655,187,341 36 80.758,715 Intensive payment for Land acquisition 5,191,725 5,191,725 5,191,725.40 5,191,725.40 - Supervision fee for land 254,762 254,762 254,761.50 254,761.50 Water Supply Scheme under resettlement (Social Activity) 1,099,508 1,099,508 1,099,508.28 1,099,508 - 1,826,663,748 1.699,318,438 127J45,310 1.742492.052 1.661733437 80.758,715 15 Retention Sierra Construction 40,662,654 40,662,654.04 9,105,834 9,105,834 Maga Engineering 56,146,160 56,146,159.87 56,146,160 56,146,160 Star Constractors - Star Constractors - Gnanam Builders 190,024 190,024 Rohan Enterprises Rohan Enterprises 500,225 500,225.00 500,225 500,225 K P K Builders - Mary Contractors - Mapil Civil Engineering 65,015 65,015 Pastini Constractor 114,240 114,240 Srilanka Land Development Corporation 5,137,983 5,137,983,00 1,178,141 1,178,141 SMS Holdings 833,204 833,204 263,012 263,012 Kandy Municipal Council - Subasinghe Contractors & Earth Movers 18,662,912 18,662,912 18,662,912 18,662,912 Sierra Construction Ltd 4,315,974 4,315,974 Sierra Construction Ltd 11,780,503 11,780,503 23,561,006 23,561,006 Sierra Construction Ltd 32,705,703 32,705,703 31,796,151 31,796,151 ELS Construction (Pvt) Ltd 413,463 413,463 V.V.Karunratuhna & Company 36,363,548 36,363,548 36,363,548 36,363,548 V V.Karunarathna & Company 16,519,138 16,519,138 16,519,138 16,519,138 SI)DECCO Sanasa 227,029 227,029 SUDECCO Sanasa 91,277 91,277 ELS Construction (Pvt) Ltd - ELS Construction (Pvt) Ltd 7,830,853 7,830,853 ELS Nimsara Joint Venture 15,735,362 15,735,362 M M Construction 103,297 103,297 Nirnsara Construction and Engineering (Pvt) Ltd 1,924,854 1,924,854 ELS Nimsara Joint Venture - 5,127,340 5,127,340 Bandaranayake Builders & Constructions 461,858 461,858 643,514 643,514 Squire Mech Engineering (Pvt) Ltd. - 1,882,896 1,882,896 JV of Ludvig Pfeiffer-Gypsum Structural - 43,141,466 43,141,466 Weerasooriya Builders 10,436,319 10,436,319 10,436,319 10,436,319 Squire Mech Engineering (Pvt) Ltd. 5,522,289 5,522,289 SMA Construction Isuru Builders - - Isuru Builders - 1,244,595 1,244,595 Central Engineering Services (Pvt) Ltd 10,974,908 10,974,908 10,000,000 10,000,000 Central Engineering Services (Pvt) Ltd 11,710,272 9,581,528 2,128,744.03 2,697,309 2,697,309 Dockyard General Engineering Services 1,777,339 1,777,339 - Laugfs Engineering (Pvt) Ltd 5,274,660 5,274,660 5,274,660 5,274,660 Bandaranayake Builders & Constructions - - - Bandaranayake Builders & Constructions - - - Sanken Construction (Pvt) Ltd 10,307,566 10,307,566 2,958,327 2,958,327 Sripali & Dhaly JV (Pvt) Ltd 10,854,454 10,854,454 9,670,735 9,670,735 Subasinghe Contractors 11,539,998 11,539,998 4,936,528 4,936,528 Sanken Construction (Pvt) Ltd 3,791,511 3,791,511 7,583,022 7,583,022 K AT Chandrasekara 1,377,150 1,377,150 Business Promoters & Partners Engineering (Pvt) Ltd - 15,762,492 15,762,492 State Development and Construction Corporation 950,227 950,227 State Development & Construction Coporation - - Edward and Christie Edward & Christie - - - Nawaloka Construction Co. (Pvt) Ltd 7,932,088 7,932,088 4,489,065 4,489,065 Nawaloka Construction Co. (Pvt) Ltd - 6,147,972 6,147,972 Edward and Christie 9,914,099 9,914,099 ELS Construction (Pvt) Ltd 4,930,605 4,930,605 22,415,771 22,415,771 Nawaloka Pilling (Pvt) Ltd 4,797,260 4,797,260 4,797,260 4,797,260 JCK Constructions (PVT) Ltd 5,650,497 5,650,497 1,107,205 1,107,205 Sri Lanka Land Reclamation and Development Cor 33,779,583 33,779,583 17,389,154 17,389,154 ELS Construction (Pt) Ltd 1,498,713 1,498,713 2,997,427 2,997,427 Darinton Constructions 24,984,631 24,984,631 11,661,006 11,661,006 Ralic Engineering Pvt Ltd 5,951,228 5,951,228 387,342,670 281,933,700.37 185,48978 433.858.193 366-295,541 67,562,651 13 MINISTRY OF URBAN DEVELOPMENT & HOUSING STRATEGIC CITIES DEVELOPMENT PROJECT Notes to the Financial Statements (All amounts in Sri Lankan Rupees) Kandy & Galle, Kandy & Galle, Jaffna Kand & Galle Jaffna Jaffna Kandy & Galle Jaffna 2,021 2,021 2,021 2020 2020 2020 Advance from International Development 16 Association (IDA) Opening Balance 11,784,983,870 10,093,098,000 1,691,885,870 9,240,853,460 7,734,180,090 1,506,673,370 Advance Received from DA 3,247,497,524 847.553,074 2,399,944450 2,544,130,41000 2,358,917,910.00 185,212,500.00 Funds Transfers Balance Advance 15.032481394 10,940,651,074 4,091,830,320 11.784.983.870 10.093,098.000 1,691.885.870 17 Domestic Funds Domestic Funds Received to Project Account 3,611,449,464 3.181,376,064 430,073,399 3,275,897,082 88 2,981,376,064.14 294,521,018.74 Domestic Funds Received to MODUD for Project Expenses Retroactive Finance Total Funds received from Domestic Funds - 611,449,464 3 181,J76,064 430.073,399 3,275,497.083 2,981376,064 294,521,019 18 Provisions Provision for Land Resettlement 9,799,925 8,468,675 1,331,250 12,016,522.40 10,685,272.40 1,331,250.00 Provision for Gratuity 10,179,985 10,179,985 11,146,761.25 11,146,761.25 19,979,910 8,468.675 11,511,235 23,163,284 211832.034 1331.50 14 16. Trial Balance Kandy & Galle Dollars and Local Account 161,991 BOC A/C Dr. 371,471 WB Advance cr. 2,064,879,512 1,613,141,128 WB Loan A/C CR. - 11,392,389,458 Retention A/C - 281,933,700 Advance to Contractor 277,951,778 - Retroactive payable -_- Retroactive Receivable - - Other Advance 619,692 619,692 Other Receivable from projects - Exchange Gain/Loss_- 560,367,571 Office Partition & Renovation 9,881,223 Air Conditions 3,037,078 Office Equipment 7,484,230 - Office Furniture 7,812,719 Computers and Accessories 22,629,674 Total Expenses - 1.1 Urban upgrading 1,808,505,385 1.2 Drainage 2,085,466,352 - 1.3 Roads 2,045,143,329 1.4 Water 897,753,618 1.5 Transport 1,197,649,140 1.6 Institutional Development & 170,043,110 2.1 Urban upgrading 1,073,010,953 2.2 Drainage 2,040,149,784 2.3 Roads - 2.4 Water - 2.5 Transport 2,180 2 6 Institutional Development & 219,017,503 - Consultantancy 6,156,317 Salaries and Wages 652,729,451 - Salaries Casual 24,228,945 - Over Time 2,470,772 - PAYE 10,492,663 - 5TAMP 390,972 - EPF 121,682,121 ETF 21,028,558 Gratuaity 3,472,568 Translation 832,851 Stationary & Printing 16,961,054 - Fuel 564,692 Advertisement 17,715,481- Refreshment and Logistic arran 11,006,369 Cost of interviews 464,503 extension wire code 17,315 - Accommodation Charges 236,986 - Vehicle hiring Charges 263,081,024 - Travelling cost 255,812 - Community consultation 115,831 - Government Publication - Fixed Assets (other) - Environment Clearance 643,422 - Sample testing 115,776 - Parking Charge 80 - Telephone Charges 12,552,075 - Cleaning Service 7,608,119 - Drinking Water 1,032,507 Surveying Work 4,803,219 - Dispatch of Documents 40,696 TC payment 4,218,505 Collombo Office Expenses 780,716 - Kandy Office Expenses 902,131 Galle Office Expenses 1,303,568 Office Rent 96,486,790 Subsistence 215,080 Preliminary Planning Clearance 5,000 Training Cost 605,059 ... - Other Electricity and Water Payr 64,308 - Foreign Travelling 10,105,260 - Individual Consultant 72,650,540 - Postal Charges 412,614 - Other Transport 181,792 - Refundable Deposit 450,000 - Office Furniture - WB Mission Expenses June 915,255 electricity bills 3,885,140 - Water Bills 622,141 - Jaffna Expenses 931,883 Hiring Premises (249,604) Communication and Media Payr 1,722,551 Plantation Programmer - Deposit in water Connection 2,500 Laying PIPE Lines - 15 LARC EXP 7,733,514 Bank Charges 345,703 Social Programes 254,080 Repair and Maintenance 12,239,529 Land Payment 1,015,859,587 National Stragic city dev Progran 1,543,949 Insurance 275,667 - Trinco Expenses 39,873 - Intensive payment for Land acq 5,191,725 EAC Payment 673,594,812 - LC Expenses (72,803) - Water Supply Scheme under res 1,099,508 - Supervision fee for land 254,762 - Rent a location to Moragpda ela 1,000,000 Legal Fees 2,876,425 Advance tracing of Land 3,318,043 Anuradhapura Expenses 34,902 GOSL Account - 3,181,376,064 Payable to UDA - 0 Depreciation for the year 35,246,587 - Depreciation under implementa 0 - Accumulated Depreciation - 35,246,587 Gratuity- Gratuity Provision Sharing Overhead Receivable 4,224,832 Provision for Land Resettmemer 8,468,675 17,073,542,877 17,073,542,877 Jaffna Dollars and Local Account 1,169,974,913 Desie.ated A/C Cr. 114,327,595 114,327,595 WB Advance DR. 77,934,914 2,605,999,754 i C." WB Loan A/C CR. - 1,563,765,479 Exchange Gain/Loss - 147,524,530 Advance 2,027,046 - Retention - 105,408,970 Fund From Ministry - 430,073,399 Advance to the Contractors 191,388,830 - 1.1 Urban upgrading 34,611,172 1.2 Drainage 15,353,758 1.3 Roads 246,348,748 1.4 Water 545,586 1.5 Transport 97,514,223 1.6 Institutional Development & - 2.1 Urban upgrading 152,720,897 2.2 Drainage 117,263,042 2.3 Roads 2.4 Water 2.5 Transport - 2.6 Institutional Development & 21,848,706 Roads, Traffic Management & P 1,858,509,111 - Drainage 195,524,172 - Urban Revitalization & Cultural 162,217,557 Implementation Support, Capa 180,717,269 - Consultantancy 18,092,500 - Salaries and Wages 81,323,880 - Salaries Casual 1,360,911 - Over Time 71,686 - PAYE 442,964 STAMP 21,900- I PF 16,011,525 - ETF 2,403,434 - Gratuity 10,179,985 I Translation 246,069 - Stationary 693,808 Fuel - Advertisement 3,323,431 Refreshment and Logistic arran 4,732,509 - Cost of interviews extension wire code Accommodation Charges 164,893 - Office Partition & Renovation 188,702 Air Conditions 648,963 - Office Equipment 340,933 - Office Furniture 340,303 Computers and Accessories 1,339,882 - Vehicle hiring Charges 51,596,670 Travelling cost 2,082,108 Community consultation Government Publication - - Fixed Assets (other) Environment Clearance ale teasting -______ Parking Charge LTelephone Charges 1,173,903 16 Cleaning Service 609,647 - Drinking Water 244,394 Surveying Work 867,643 - Dispatch of Documents I TC payment 1,055,000 Collombo Office Expenses Kandy Office Expenses Galle Office Expenses_____ ________ Office Rent 8,468,756 Subsistence 109,275 preliminary Planning Clearance Training Cost Other Electricity and Water Pay - Foreign Travelling 488,000 Individual Consultant - Postal Charges 53,020 Other Transport Refundable Deposit -_ - Office Furniture 207,451 WB Mission Expenses June - electricity bills 1,416,823 - Water Bills 192 Jaffna Expenses __ - - Hiring Premises 850,662 - General expenses - - Plantation programmer Deposit in water Connection Laying PIPE Lines LARC EXP 5,790,169 - Bank Charges 6,285 Repair and Maintancnce 859.592 - EAC Payment 7,979,864 - Legal fees 420,420 Advance Tracing for land - - Le.preciation for the year 373,617 - Ijpreciation under implementa 1,263,576 373,617 Accumulated Depreciation - 1,263,576 Provision for Land Resettmemer - 1,331,250 Provision of Gratuity 10,179,985 Gratuvity Provision - - Land Payment 113,575,277 4,980,248,156 4,980,248,156 17