30 JUN 2021 L_ g 4 ,h*i T T13 25-6 2 Hubei Provincial Audit Office of the People's Republic of China Audit Report P t * 4k[2021) 130 -p HBAUDITREPORT [20213 NO.130 Project Name: Xiaogan Logistics Infrastructure Construction Project Financed by the World Bank : BRDS613-CN Loan No.: BRD8613-CN Project Entity: Xiaogan Logistics Infrastructure Construction Project Office 2020 Accounting Year: 2020 目录 COntentS 一、审计师意见．．…，.．…，.．……，.,．……，.,...................．……，........．……，....．……，.1 1 .Anditor&5 oPinion ..........．……。．,,,.,.．…，.．…，.......．·．.......．·……，，二，.．·········．……3 二、财务报表及财务报表附注，…，.．…，……，...．……，..．……，.,.,．…，..........．……5 11 .Financial Statemellts and Notes to the Financial Statements.．……，．……5 （一）资金平衡表．..........................．……，.．…，............．……，,．…，...．……，,5 1 .Balance Sheet,.....................．……，二，．……，,．…，...．……，二，.................．……5 （二）项目进度表．……，,,..．……，,，…，...．……，…，．……，．……，。．,........．……，.,,7 11.Summary of Sources and Uses ofFunds by Project ComPonent.．…7 （三）贷款协定执行情况表．……，.,....．……，.,,....．……，.．……，.．……，．…H 111.Statement oflmplementationofLoanAgreement．……，,.,...．……，二11 （四）专用账户报表…，二，,.....．……，.,.......．……，..．……，．……，……，,.,．……12 iv,Special Account Statement.．……，.,..．……，，…，.....．……，,.,,.．……，,.，……12 （五）财务报表附注…，....．……，.,.......．……，.,......................．……，．……，14 v.NotestotheFinancialStatements........．……，……，.....................．……17 三、审计发现的问题及建议…，二，.．…，.,............．……，．……，．……，,.,..．……，,,.20 :111.Audit Findings and Recommendations,.．…，.........．……，,，…，..........．……24 一、审计师意见 审计师意见 孝感市世界银行贷款物流基础设施项目管理办公室： 我们审计了世界银行贷款孝感物流基础设施项目2020年12月31 日的资金平衡表及截至该日同年度的项目进度表、贷款协定执行情况 表和专用账户报表等特定目的财务报表及财务报表附注（第5页至第 19页）。 （一）项目执行单位及湖北省财政厅对财务报表的责任 簖制上述财务报表中的资金平衡表、项目进度表及贷款协定执行 情况表是你办的责任，簖制专用账户报表是湖北省财政厅的责任，这 种责任包括： 1，按照中国的会计准则、会计制度和本项目贷款协定的要求编 制项目财务报表，并使其实现公允反映； 2，设计、执行和维护必要的内部控制，以使项目财务报表不存 在由于舞弊或错误而导致的重大错报。 （二）审计责任 我们的责任是在执行审计工作的基础上对财务报表发表审计意 见。我们按照中国国家审计准则和国际审计准则的规定执行了审计工 作，上述准则要求我们遵守审计职业要求，计划和执行审计工作以对 项目财务报表是否不存在重大错报获取合理保证。 为获取有关财务报表金额和披露信息的有关证据，我们实施了必 要的审计程序。我们运用职业判断选择审计程序，这些程序包括对由 ，于 舞弊或错误导封的叶冬辐弃甭去拱招闻腆的抓朴＊班杯阳汰饰拉 时，为了设计恰当的审计程序，我们老虎了乡耐么兼丰未。土品山翻、 制，但目的并非对内部控制的有效性发表意见。审计工作还包括评价 所选用会计政策的恰当性和作由令什仕什仙奋担性四马抓林解次姐 表的，慧体列报。 我们相信，我们获取的审计证据是适当的、充分的，为发表审计 l 意见提供了基础。 （三）审计意见 我们认为，第一段所列财务报表在所有重大方面按照中国的会计 准则、会计制度和本项目贷款协定的要求编制，公允反映了世界银行 贷款孝感物流基础设施建设项目2020年12月31日的财务状况及截 至该日同年度的财务收支、项目执行和专用账户收支情况。 （四）其他事项 我们审查了本期内由省财政厅报送给世界银行的第5号提款申请 书及所附资料。我们认为，这些资料均符合贷款协议的要求，可以作 为申请提款的依据。 本审计师意见之后，共同构成审计报告纳粤谓狱护内容：财务报 表及财务报表附注和’计发现的问题及赘介了戳 ,‘、、吃济岁 中华／霭黔和国湖月必释计厅 2。之如巍绷刻日 地址：中国湖北省武汉市武昌区天鹅路3号 邮政簖码：430071 电话：86一027一87236025 传真：86一027一87252502 2 I. Auditor's Opinion Auditor's Opinion To Xiaogan Logistics Infrastructure Construction Project Office We have audited the special purpose financial statements (ftom page 5 to page 19) of Xiaogan Logistics Infrastructure Construction Project Financed by the World Bank, which comprise the Balance Sheet as of December 31, 2020, the Summary of Sources and Uses of Funds by Project Component, the Statement of Implementation of Loan Agreement and the Special Account Statement for the year then ended and Notes to the Financial Statements. Project Entity and Hubei Provincial Finance Department's Responsibility for the Financial Statements The preparation of the Balance Sheet, the Summary of Sources and Uses of Funds by Project Component and the Statement of Implementation of Loan Agreement is the responsibility of your entity, while the preparation of the Special Account Statement is the responsibility of Hubei Provincial Finance Department, which includes: i. Preparing and fair presenting the accompanying financial statements in accordance with Chinese accounting standards and system, and the requirements of the project loan agreement; ii. Designing, implementing and maintaining necessary internal control to ensure that the financial statements are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with the Government Auditing Standards of the People's Republic of China and International Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers 3 internal control relevant to the entities' preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is appropriate and sufficient to provide a basis for our audit opinion. Auditor's Opinion In our opinion, the financial statements identified in the first paragraph present fairly, in all material respects, financial position of Xiaogan Logistics Infrastructure Construction Project Financed by the World Bank as of December 31, 2020, its financial receipts and disbursements, the project implementation and the receipts and disbursements of special account for the year then ended in accordance with Chinese accounting standards and system, and the requirements of the project loan agreement. Other Matter We have audited the Withdrawal Application No.5 and the attached information submitted to the World Bank by the Department of Finance of Hubei Province. We agree that these materials all conform to the Loan Agreement and can be serve as basis for loan withdrawal. The audit report consists of the Auditor's Opinion and two more parts hereinafter: Financial Statements and Notes to the Financial Statements, Audit Findings and Recommendations. Hubei Provincial Audit Office of the People's Republic of China June 24, 2021 Address: No.3, Tiane Road, Wuchang District, Wuhan City, Hubei Province, P. R. China Postcode: 430071 Tel.: 86-27-87236025 Fax: 86-27-87252502 The English translation is for the convenience of report users; Please take the Chinese audit report as the only official version. 4 II. Financial Statements and Notes to the Financial Statements i. Balance Sheet BALANCE SHEET 2020 * 12A 31 I (As of December 31, 2020) Project Name: Xiaogan Logistics Infrastructure Construction Project Financed by the World Bank Prepared by: Xiaogan Logistics Infrastructure Construction Project Office Currency Unit: RMB Yuan Application of Fund n Beginning Balance Ending Balance Sources of Fund Line Beginning Balance Ending Balance No. No. Total Project Expenditure 1 143,464,666.42 195,755,036.98 Total Project 28 87,924,593.64 103,204,593.64 Appropriation Funds Fixed Asse1 Transferred 2 - - Project Capital and Capital 29 2. 4Vu4 iAEi Surplus Construction Expenditures 3 -ncudng 30 to be Disposed Including: Grants 3. 4 5,H 1 8435,082 1496,034 Investments Transferred-out - Total Project Loan 4. VkE9I 1. S Hl&%M Construction in Progress 5 143,464,666.42 195,755,036.98 Total Project 32 84,345,508.22 104,962,208.45 Const-ctio inProgInvestment Loan Investment Loan Receivable Foreign Loan 33 84,345,508.22 104,962,208.45 Including: World Bank 7 -c n I 34 Investment Loan Receivable I D Appropriation of Investment 8 35 84,345,508,22 104,962,208.45 Loan 1IBRD Including :Appropriation of 9 Technical 36 World Bank Investment Loan . Cooperation 10 3 Equipment Co- Financing Including: Equipment Losses 1e (2) sicLoa 38 in Suspense Domestic Loan Total Cash and lank 12 25,429,491,84 22,997,446.17 2, Ak 39 - Total Cashndank4Other Loan Cash inBank 13 25,426,059.84 22,994,014.17 Appropriation of 40 Investment Loan Including: Special Account 14 24,461,454,21 14,575,639.90 Including: World Bank 41 Loan 2. sh o Hard IS 3,432.00 3,43100 'h 4Lt2 Bond Fund lif A (To be continued) 5 Total Prepaid and Receivable 16 12,834,921.63 8,999,789,35 Constructinn Expenditures 43 to be Offset Including: World Bank Loan 17 -41 44kAti+ 44 9,424,869.68 19,545,727.19 Interest Receivable Total Payable World Bank Loan 18 A rl: Wot Ra 45*J Connitment Fee Including: World Bank 45 Receivable Loan Interest Payable World Bank Loan Service- 19 - World Bank Loan 46 Fee Receivable Commitment Fee Payable Marketable Securities World Bank Loan Service Fee Payable TotalFixed Asets 21 2,861.25 1,135 Other Paybles 48 x Ases Coat 22 5,450.00 5,450.00 49 .. Appropriation of Fund Less: Accumulated 23 2,588.75 4,314.59 50 36,969.60 40,87863 Depreciation Retained Earnings xd Ass Net 24 2,861.25 1,135.41 O1M i Fixe Asets,NetOther Earnings Fixed Assets Pending Disposal Interest Earned 26 E Fixed Assets Losses in Suspense -- Total pliao nFund 27 181,731,941.14 227,753,407.91 51Tota Su und 181,731,941,4 227,753,407.91 6 ii. Summary of Sources and Uses of Funds by Project Component SUMMARY OF SOURCES AND USES OF FUNDS BY PROJECT COMPONENT I 1¶ 2020 12 A 31 l (For the period ended December 31, 2020) Project Name: Xiaogan Logistics Infrastructure Construction Project Financed by the World Bank Prepared by: Xiao an Logistics Infrastructure Construction Project Office Currency Unit: RMB Yuan Current Period Cumulative *;wi+JV *u1MT Cret VA 0-iFoi 19, 9 itts 5]E. fig,Z Current Period Current Period Crno % L ofPAD Cumulative Cumulative % Budget Actual_ Completed Actual Completed Total Sources of Funds 168,889,500.00 35,896,700.23 21.25% 962,600,000.00 208,166,802.09 21.63% Ie tn 156,609,500.00 20,616,700.23 13.16% 637,400,000.00 104,962,208.45 16.47% Intemnational Financing 1. UIRRN9 taf IBR 156,609,500.00 20,616,700.23 13.16% 637,400,000.00 104,962,208.45 16.47% Counterpart Financing 12,280,000.00 15,280,000.00 124.43% 325,200,000.00 103,204,593.64 31,74% I .~{R.6~5?3~ - 303,381,230.86- Appropriation Funds (1) L- - 303,381,230.86 - Domestic Loan 2. tat tOio 12,280,000.00 15,280,000.00 124.43% 21,818,769.14 103,204,593.64 473.01% Domestic Loan StrAporain12,280,000.00 15,280,000.00 124.43% 21,818,769.14 103,204,593.64 473.01% (2) -1NAMq Self-investment Fund Total Application of Funds (by 156,609,500.00 52,290,370.56 33.39% 962,600,000.00 195,755,036.98 20.34% Project Component) lnV tic 101,165,300.00 50,163,261.87 49.59% 541,180,000.00 151,605,343.39 28.01% Linking Logistics (1) iA I Road 69,939,600.00 25,009,290.66 35.76% 323,397,238.00 75,295,51739 23.28% Vertical No.1 Road (2) iz 8 INo.8 27,315,900.00 23,736,440.61 86.90% 148,376,907.00 57,235,631.11 38.57% Horizontal No.8 Road (3) r 50 50Ra 3,909,800.00 1,417,530.60 36.26% 69,405,855.00 19,074,194.89 27.48% Branch No.50 Road EfficentLogstics 45,980,000.00 141,851.00 0.31% 370,660,000.00 7,856,079.78 2.12% (ff1iAent Logistics InformationManagementBuilding 35,000,000.00 141,851.00 0.41% 243,230,000.00 7,856,079.78 3,23% (in KA-fo o tf Pblic 1,830,000.00 0.00 0.00% 21,218,280.00 0.00 0.00% Information Platforrlt 7 (3) � �G � �� r �� 1nte11igent 9,150,aDO.OO я, теап5 опаыеп s 5ten, о•оа о.оа,° 1оь,г11,7го,оо о.оо а.оо^% 3. $1L �'й1 {)� j7 #i� �Э- Institusional Stren thenin 4,560.,2oo.0a Э,222,851.35 66.26;о 18,0oo,ofla.oo 6,4?9,933.44 35.72°,о 4.�1 �, и[егсs[ з,9оа,ооо.оа з,эоа,524.72 1оа.01�п зг,76а,ооо.оо э,в4з,4зэ.81 Зо.об�о 5.;t�1L O1her 7оо,оао.оо -s,138,ин.з8 -7з4.ог�а о.оо го,ого,г4оsь �-�'r Difference - -1Ь,393,670.33 - - 12,41Е,765.11 _ 1. >1�г;�;�{k� Changein ReceivaЫes - -3,835,13г.28 - - 8,999,784.35 - ° 2. f1'`'('fл.1С�Т� Changc in Ра аЫеS -1 о,120,857.51 - - -( 9,545,727.19 _ 3. 1�r [� �'i�'�Т� „ С1гап е in Cash апд T3ank - -г,432,045.67 - - .'.З,997,446.Э 7 - 4. �� Other ' -5,b34.87 - - -39,743?2 _ 8 � иQ :�; ы а � F � � �� ��� � � i� � , � , , , , , .� �� � � � � о •� i� � ~ � � � �� � w � "� _и - '�Г U � � � О � � � . � � � Ш � о� о� _ а+ т оо ' �1 � г� М Nt 00 1� h �1L ^.! �'+ � -^ � о+ о� м ",. 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Special Account Statement * A w P # 1* SPECIAL ACCOUNT STATEMENT *AgRg 2020 * 12 A 31 H (For the period ended December 31, 2020) Mzff.7xAUM3M Project Name: Xiaogan Logistics Depository Bank: hidustrial and Infrastructure Construction Project Commercial branch, shuiguohu bank Financed by the World Bank A-5 : 3202005929200392732 8613-N Account No.: 3202005929200392732 Loan No. 8613-N R rp # X 't, a4k*t: tVhkrf Currency: USD Prepared by: The Finance Department of Hut-xi Province Part A-Account Activity for the Current Nriod Amount 3,506,415.27 Beginning Balance n; Add: 3,995,942-85 Total -nount Deposited this Period by World Bank - 973.63 Total Interest Earned this Period ifDaposited in Special Account *;w T -S 4 3 E Y- A Z ' 9, - Total Amount Refunded this Period to Cover Incligible Expenditures Deduct; 5,269,474.97 Tntal Amount Withdrawn this Period 9.00 Total Service. Charges this Period ifnot Included in Above Amount Withdrawn 2,233,84S.73 Ending Balance (,rp- ATo be continued) 12 Part B-Account Reconciliation Amount Amount Advanced by World Bank 5,000,000,00 Deduct:. 2. LH-YILftO-W)! Total Amount Recovered by World Bank Outstanding Amount Advanced to the Special Account at the End of this Period 5,000,000.00 Ending Balance of Special Account 2,233,348.78 Add: Amount Claimed but not yet Credited at the End of this Period 6. 2,772,416.24 Amount Withdrawn but not yet Claimed at the End of this Period 7. flTh-&Ritffi (tuira 5 & 6 89) 7. 40.00 Cumulative Service Charges (If not Included in Item 5 or 6) Deduct: 8. A 6,30.02 Interest Eamned (If Included in Special Account) 6350 Total Advance to the Special Account Accounted for at the End of this Period 5,000,000.00 13 （五）财务报表附注 财务报表附注 1．项目概况 世行贷款孝感物流基础设施建设项目贷款号为BRD86 13一cN，旨在加 强湖北省孝感物流园运营的连接性和效率。该项目涉及孝感市临空经济开 发区，主要项目内容包括连接通道、高效物流、机构能力加强。项目协议 于20 16年5月26日签订，20 16年8月24日生效，预计2021年6月30 日前关闭。项目计划总投资为人民币962,600,000元，其中世界银行贷款 总额为100,000,000粎元，折合人民币637,400,000元。项目已进入延期调 整申请：延镼关账日18个月，即延镼至2022年12月31日，延期申请正 等待世行和财政部的批准。 2．财务报表编制范围 本财务报表的簖制范围为孝感市世界银行贷款物流基础设施项目管 理办公室（以下简称“世行项目办’,）的财务报表及省财政厅专用账户报表。 3．主要会计政策 3.1本项目财务报表按照财政部《世界银行贷款项目会计核算办法》 （财际字〔2000〕13号）的要求编制。 3.2会计核算年度采用公历年制，即公历每年1月1日至12月31日。 3.3本项目会计核算以“权责发生制”作为记账原则，采用借贷复式 记账法记账，以人民币为记账本位币。 3.4按照中国人民银行2020年12月31日汇率，即USD卜人民币 6,5249元。 4，报表科目说明 4.1项目支出 14 2020年12月31日项目支出期末余额为人民币195,755,036.98元，占 总投资计划的20.34％。 4.2货币资金 2020年12月31日货币资金期末余额人民币22,997,446.17元，其中： 银行存款人民币22,994,014.17元，包含专用账户存款2,233,848.78美元， 折合人民币14,575,639.90元。现金余额人民币3,432元。 4,3预付及应收款 2020年12月31日余额为人民币8,999,789.35元，主要是预付纵l 号、横8号和支50号道路施工单位工程进度款。 4.4项目拨款 2020年12月31日项目拨款期末余额为人民币103,204,593.64元。期 初余额为人民币87,924,593.64元，为孝感市城投公司、孝感市丰翔控股 有限公司代孝感市政府给付的勘测设计费等项目前期费用，以及临空经济 区财政部门给付的项目配套资金；2020年本期发生额为人民币 15,28。，000.00元，为临空经济区财政部门给付的征地拆迁等项目配套资 金，在会计报表上作为项目拨款反映。 4.5项目投资借款一国外借款 2020年12月31日国外借款期末余额为16,086,408.75美元，折合人 民币104,962,208,45元，为国际复兴开发银行贷款额。 4.6应付款 2020年12月31日应付款期末余额为人民币19,545,727.19元，为孝 ．感市丰糔控股有限公司给付及代项目办垫付的项目前期费用和征地拆迁 补偼款、以及环建工程建设监理公司等缴纳的履约保证金。 4.7留成收入 202D年12月31日留成收入期末余额40,878.63元，为湖北省财政厅 l5 专用账户存款利息收入。 5．专用账户使用情况 本项目专用账户设在工商银行水果湖支行，账号 3202005929200392732，币种为美元，专用账户首期存款为5,000,000美元。 本期期初余额为3,506,415.27粎元，本期世行回辛｛·额为3,995,942.85美元， 本期支付总额5,269,474.97粎元，本期利息收入为973.63美元，本期服务 费支出8粎元，期末余额为2,233,848.78美元。 6．其他需要说明的事项 项目资金平衡表中国际复兴开发银行贷款期末数与期初数之差、项目 进度表中相应本期发生额与贷款协定执行情况表人民币本期提款数不一 致是由于历年汇兑损益造成的。 l6 v. Notes to the Financial Statements Notes to the Financial statements 1. Project Overview The Loan No. of the Xiaogan Logistics Infrastructure Construction Project Financed by the World Bank is BRD8613-CN, which aims to enhance the operational connectivity and efficiency of the Xiaogan Logistics Park Hubei Province. The Project relates to the Xiaogan Airport Economic Development Zone (AEZ), with the contents mainly including connected logistics, efficient logistics and institutional strengthening. The Project Agreement was signed on May 26, 2016 and took into effect on August 24, 2016. The account of the project will be closed before June 30, 2021. The total planned project investment was RMB 962,600,000 yuan, of which the total loan from the World Bank was USD 100,000,000, equivalent to RMB 637,400,000 yuan. The Project has entered the phase of extension adjustment application: to extend the closing date for 18 months, that is, until December 311, 2022. The approvals by the World Bank and the Ministry of Finance are expected for the application. 2. Consolidation Scope of the Financial Statements Consolidation scope of the financial statements covers the financial statement of the Xiaogan Logistics Infrastructure Construction Project Office (hereinafter referred to as "World Bank PMO") and the special account statement of the Department of Finance of Hubei Province. 3. Accounting Policies 3.1 The Financial Statements of the project were prepared according to the requirements of Accounting Methods for the World Bank Financed Project (CaYizi[2000]No.13) . 3.2 In accounting practice, the Gregorian calendar year is adopted as the fiscal year from January I to December 3 1. 3.3 The accrual basis and the debit/credit double entry bookkeeping method are adopted. RMB is used as the recording currency of bookkeeping. 17 3.4 The exchange rate adopted in the financial statements was the exchange rate on December 31, 2020 of the People's Bank of China, which is USD1= RMB6.5249 yuan. 4. Explanation of Subjects 4.1 Project expenditure On December 31, 2020, the ending balance of project expenditure was RMB 195,755,036.98 yuan, accounting for 20.34% of the total investment plan. 4.2 Cash and Bank On December 31, 2020, the ending balance was RMB 22,997,446.17 yuan, of which the bank deposit was RMB 22,994,014.17 yuan, including USD 2,233,848.78 in the special accounts (equivalent to RMB 14,575,639.90 yuan). The cash balance was RMB 3,432 yuan. 4.3 Prepaid and Receivable On December 31, 2020, the balance was RMB 8,999,789.35 yuan, which was mainly the progress payment for the construction units responsible for Vertical No.1 Road, Horizontal No.8 Road and Branch No.50 Road. 4.4 Project Appropriation Funds On December 31, 2020, the ending balance of project allocation was RMB 103,204,593.64 yuan. The beginning balance was RMB 87,924,593.64 yuan, which was the prophase expenses such as the survey and design fee paid by Xiaogan City Investment Company and Xiaogan Fengxiang Holding Co.,Ltd. on behalf of the Xiaogan Municipal Government, and the project supporting funds paid by the Financial Department of AEZ; in 2020, the amount incurred in the current period was RMB 15,280,000.00 yuan, which was the project supporting funds paid by the Financial Department of AEZ for land acquisition, demolition and others, and was reflected as the project appropriation in the accounting statements. 4.5 Project Investment Loan - Foreign Loan On December 31, 2020, the ending balance was USD 16,086,408.75 (equivalent to RMB 104,962,208.45 yuan), which was the loan amount of the International Bank for Reconstruction and Development (IBRD). 18 4.6 Payables On December 31, 2020, the ending balance was RMB 19,545,727.19 yuan, which was the prophase expenses and compensation for land acquisition and demolition paid by Xiaogan Fengxiang Holding Co., Ltd. or paid in advance on behalf of the PMO, and the performance bond paid by the environmental engineering construction supervision company, etc. 4.7 Retained Earnings On December 31, 2020, the ending balance was RMB 40,878.63 yuan, which was the interest income from the deposits in the special account of the Department of Finance of Hubei Province. 5. Special Account The special account for this Project was set in the ICBC Shuiguohu Sub-branch (account No.: 3202005929200392732). The currency was US dollar, and the initial deposit of the special account was USD 5,000,000. The beginning balance of the current period was USD 3,506,415.27, the reimbursement in the year was USD 3,995,942.85, the total payment amount of the current period was USD 5,269,474.97, the interest income of the current period was USD 973.63, the service fee expenditure of the current period was USD 8, and the ending balance was USD 2,233,848.78. 6. Other Explanation for the Financial Statements Due to the change of foreign exchange rate, there are discrepancies between the difference of the beginning and ending balance of the IBRD loan in the Balance Sheet, the cur rent year's loan received in the Summary of Sources and Uses of Funds by Project Component and the amount of current year's withdrawals (disclosed in RMB) in the Statement of Implementation of Loan Agreement. 19 三、审计发现的问题及建议 审计发现的问题及建议 除对财务报表进行审计并发表审计意见外，审计中我们还关注了项目 执行过程中相关单位国家法规和项目贷款协定遵守情况、内部控制和项目 管理情况、项目绩效及上年度审计建议整改落实情况。但我们还发现了该 项目存在的如下问题： （一）违反国家法规或贷款协定的问题 项目推进不力，未能达到工程计划要求。 世行贷款湖北孝感临空物流基础设施建设项目从2016年8月开始实 施，计划实施期五年，通过中期调整后延长18个月，至2022年论月底关账。 2020年项目投资计划1 56,609,500元，实际完成52,290,370.56元，占计划 的33.39％。其中：连接物流子项目计划完成101,165,300.00元，实际完成 50,163,261.87元，占49.59%；高效物流子项目计划完成45,980,000.00 元，实际完成141,851 .00元，占0.31%；机构能力提升子项目计划完成 4,864,200.00元，实际完成3.222名51&35元，古“,‘叭赫荃，non主阵 项目投资累计完成195,755,036,95元，占项目计划总投资962,600,000.00元 的20.34％。项目推进簓慢原因：一是由于征地拆迁滞后拖延了工期；二 是洪涝自然灾害影响了工程施工。 上述行为不符合《世行贷款湖北孝感临空物流基础设施建设项目采购 计划》（2018年n月更新版）的工程进度安排。建议你办加强项目施工 监管，加快建设进度，保证项目按计划实施。你办已接受审计建议。 （二）项目管理方面存在的问题 1．施工单位深圳新朗公司派出项目经理未履责，项目在建期间同时承 担其它工程项目。 按照招投标文件约定，深圳新朗公司委派纵1号、横8号工程项目经 20 理分别为龚琼和张晓杰，并扼诺“二，该项目经理只承担本项工程，在该工 程竣工前不扼担其它工程项目相关事宜。若违约，愿意承担人民币5000 元的违约籚款”。审计发现，纵1号和横8号项目经理龚琼、张晓杰并未 实质履行项目经理职责，不熟悉项目现场施工情况。龚琼同时还承担广东 省富华道升级改造、木墩侨乡公园工程的项目经理，张晓杰同时还承担湖 北省未成年犯管教所迁建工程场区室外管网工程的项目经理。 上述行为不符合《注册建造师管理规定》（住建部令第153号）第二 十一条“…注册建造师不得同时在两个及两个以上的建设工程项目上担任 施工单位项目负责人”的规定。建议你办加强现场监督管理，督促有关单 位严格按合约履责。你办已接受审计建议。 2．世行项目办多计多付深圳新朗公司工程进度款4.85万元。 设计要求纵1路心十793一K3+176段DN400污水管道施工回填砂， 施工单位深圳新朗公司实际未施工，世行项目办多计回填砂381.65对，单 价71.29元，造成多付进度款2.72万元；设计要求横8路K0+680一Kl+ 040段DN 1 000雨水管道砂垫层工程回填砂，施工单位实际按回填土施工， 世行项目办多计回填砂165.6m,，单价128.86元，造成多付进度款2.13 万元，共计多付工程款4&85万元。 上述行为不符合《中华人民共和国建筑法》第五十八条“…建筑施工 企业必须按照工程设计图纸和施工技术标准施工…”的规定。你办应切实 加强项目建设管理，确保工程严格按照设计要求施工，及时扣回多付工程 款4.85万元。你办已接受审计建议，将多支付工程款4.85万元于2021 年4月27日予以扣回，已整改到位。 _3，孝感市环建工程建设监理有限责任公司将实际未施工的沥青混凝 土上面层按已施工进行验收合格。 :2021年3月，审计发现，横8路桩号56一600段右幅机动车道沥青混 凝土上面层工程按设计图纸应铺设沥青混合料，实际现场未施工，而专业 监理工程师陈卓却在深圳新朗公司编制的已施工的隐蔽工程检查验收记 录资料上签籲“符合设计规范要求”的意见。 上述行为不符合《中华人民共和国建筑法》第三十四条“…工程监理 2l 单位应当根据建设单位的委托，客观、公正地执行监理任务”的规定。建 议你办加强对监理人员的管理，规范审核验收程序，杜绝类似问题发生。 你办已接受审计建议。 4．违反合同约定同意咨询公司更换咨询专家。 2017年9月，世行项目办与HJI GrouP Corporation（以下简称：咨询 顾问）签订咨询服务合同，约定n名关键专家为项目提供87个月的专业 技术标准和惯例服务。2018年4月，因工程师杨泽离职，咨询顾问提出 由2016年毕业的孟博文替换的申请，项目办同意。经查，孟博文不具备 合同要约“具有5年以上工程设计经验”的要求。2019年n月，咨询顾问 再次向世行项目办提出咨询专家工作内部调整的申请，将刘印博等4名关 键专家工作时间由47个人月调整为34.37个人月，调减12.63个人月，占 合同原约定时间的26.87%；孟博文工作人月调增25.64个月，占合同原 约定时间的29.47%；调减调增超过原合同规定的10%，世行项目办同意。 上述行为不符合《咨询服务合同》（项目办和咨询顾问）的合同通用条 款“3。替换关健专家，30.2……咨询顾问应以同样的报酬单价立即提供具 有同等或更高资历和经验的替换人员”和“29关健专家的说明，29.2为满 足通用条款第20a条的要求，咨询顾问可以书面通知业主对附录B中所 列的关健人员的估计服务时间进行调整，但（i）对每个关健人员的时间调整 不应超过原定时间的10％或一周，两者取其大”的规定。建议你办在后期 项目实施中，严格按合同规定的专家资质和服务时间要求咨询公司提供服 务。你办已接受审计建议。 （三）征地拆迁管理方面存在的问题 违规支付14家农户房屋征迁款251.21万元。 2010年孝感市将孝南区阂集乡撤销成立临空经济区，2011年该区征 二收了安静庙等9个行政村4平方公里农户承包土地，用于开发建设，因土 地政策限制，区、村两级都未与村民签订土地征收合同，征地补偿费分 20年补偼给村民，目前已发放至2020年。 20巧年至2017年间，安静庙村余传林等12户村民未经有关部门同 意，在20n年区政府已征收的土地上抢建房屋3369.99解，祝道军等2 22 户村民在自家房前屋后土地上抢建房296.56汀，合计3666.55可。 2018年世界银行贷款孝感物流基础设施项目纵一路、支50路开工建设， 以上14家农户抢建的房屋被征收拆迁，支付补偿款共计251 .21万元。 上述行为不符合《孝感市临空经济区安置新社区建设实施办法》（孝 临管发［2 01311号）关于“对村民原房屋分合法建房、违规建房，分别进行 处籮。其中，加09年8月31日前建成的房屋，视同合法建房。2009年9 月1日后，按程序经阂集乡政府批准的建房，为合法建房；未经阂集乡政 府批准的，为违规建房”和“对于违规建房（或违规部分），管委会不予补 偼，由农户向管委会出具扼诺书，一旦所在区域实施开发建设，需征地拆 迁时，农户须按扼诺无条件搬迁，到所安置的社区居住”的规定。 建议你办对上述问题进行整改纠正，并杜绝此类问题发生。你办已接 受审计建议。 （四）上年度审计发现问题整改情况 上一年度审计报告中披露“项目推进不力，工程进度严重滞后，未能 达到工程计划要求”问题，未得到整改，本年度仍然存在。 23 111. Audit Findings and Recommendations Audit Findings and Recommendations In addition to performing the audit and expressing an opinion on the financial statements, we also make observations with respect to compliance with applicable provisions of state laws and regulations and the loan agreement of the relevant entities, its internal financial control and project management, project performance and the rectification and implementation of audit opinions in the previous year during the project implementing process. But we still found the following issues: Non-compliance with state laws and regulations or the applicable provisions of the loan agreement The project was not promoted effectively and failed to meet the requirements of the project plan. The Xiaogan Logistics Infrastructure Construction Project Financed by the World Bank has been implemented since August 2016, with a planned implementation period of five years, which will be extended for 18 months after medium-term adjustment, and will be closed by the end of December 2022. In 2020, the planned project investment was RMB 156,609,500 yuan. RMB 52,290,370.56 yuan was actually completed, accounting for 33.39% of the plan. Notably, the planned completion of the connected logistics sub-project was RMBIOI,165,300.00 yuan, and the actual completion was RMB 50,163,261.87 yuan, accounting for 49.59% of the plan; the planned completion of the Efficient Logistics sub-project was RMB 45,980,000-00 yuan, and the actual completion was RMB141,851.00 yuan accounting for 0.31% of the plan;the planned completion of institutional strengthening sub-project was RMB 4,864,200.00 yuan, and the actual completion was RMB 3,222,851.35 yuan, accounting for 66.26% of the plan. By the end of 2020, the project investment has actually reached RMB 195,755,036.98 yuan, accounting for 20.34% of the total planned 'investment of RMB 962,600,000.00 yuan.Reasons for the slow progress of the Project: first, a lag of land acquisition and demolition delayed the construction period; second, floods and natural disasters affected the project construction. 24 The above behaviors didn't meet the project schedule for the Procurement Plan of the Xiaogan Airport Logistics Infrastructure Construction Project Financed by the World Bank (updated in November 2018). We suggested your office strengthen the project construction supervision, speed up the construction progress, and guarantee that the Project will be implemented as planned. Your office accepted the suggestion. Issues on project management 1. The project manager dispatched by Shenzhen Xinlang Company, the construction unit, failed to perform his duties, and undertook other projects during the construction period of the Project. According to the bidding documents, Shenzhen Xinlang Company appointed Gong Qiong and Zhang Xiaojie as the project managers of Vertical No.1 Road and Horizontal No.8 Road respectively, and committed that "... the project managers will only undertake the Project and will not undertake relevant issues of other projects before the completion of the Project. In case of breach of contract, they are willing to bear the penalty of RMB 5000 ". We found that Gong Qiong and Zhang Xiaojie, the project managers of No.1 Road and Horizontal No.8 Road, failed to perform their duties as a project manager in substance, and were not familiar with the site construction of the Project. Gong Qiong was also the project manager of the Fuhua Road Upgrade and Mudun Hometown Park Project in Guangdong Province. Zhang Xiaojie is also the project manager of the Outdoor Pipe Network Project in the relocation project area of the Hubei Juvenile Reformatory. The above behaviors violated Article 21 of the Regulations on the Administration of Registered Construction Engineers which stipulated that "... A registered construction engineer shall not act as the project leader of construction units for two or more construction projects at the same time...". We suggested your office strengthen on-site supervision and management, and urge relevant units to perform their duties strictly according to the Contract. Your office accepted the suggestion. 2. The World Bank PMO over-calculated and overpaid a progress payment of RMB 48,500.00 yuan to Shenzhen Xinlang Company, The design requires to backfill with sand when constructing DN400 sewage 25 pipelines in the K2+793-K3+176 section of Vertical No.1 Road, but the construction unit - Shenzhen Xinlang Company did not actually construct it, and the World Bank PMO over-calculated the backfilling sand for 381.65ml, with a unit price of RMB 71.29 yuan, resulting in a progress payment overpaid for RMB 27,200.00 yuan. The design requires to backfill with sand for the sand cushion engineering of DN1000 rain pipelines in the KO + 680-K1 + 040 section of Horizontal No.8 Road, but the construction unit did not actually construct it based on backfilling, and the World Bank PMO overcalculated the backfilling sand for 165.6m', with a unit price of RMB 128.86 yuan, resulting in a progress payment overpaid for RMB 21,300.00 yuan, which means a total project fund of RMB 48,500.00 yuan overpaid. The above behaviors violated Article 58 of the Construction Law of the People's Republic of China which stipulates that "...Construction Enterprises shall construct according to the engineering design drawings and technical standards for construction...". Your office should practically strengthen the project construction management, guarantee that the Project was constructed in strict accordance with the design requirements, and timely deduct the overpayment of RMB 48,500 yuan. Your office accepted the suggestion and deducted the overpayment of RMB 48,500 yuan on April 27, 2021, which has been rectified in place. 3.Xiaogan Environmental Construction Engineering Construction Supervision Co., Ltd. accepted the asphalt concrete upper layer which was not actually constructed as constructed. In March, 2021, we found that bituminous mixture should be laid on the upper layer of asphalt concrete of the vehicle lane on the right in the 56-600 section of Horizontal No.8 Road according to the design drawings, but no construction was actually carried out at the site. However, Chen Zhuo, a professional supervision engineer, signed the opinion of "meeting the design specifications" in the check and acceptance records of constructed concealed works as prepared by Shenzhen Xinlang Company. The above behaviors violated Article 34 of the Construction Law of the People's Republic of China which stipulates that"...The engineering supervision unit shall, according to the entrustment of the construction company, objectively and fairly perform the supervision tasks...". We suggested your office strengthen the supervision personnel management, 26 Problems in the management of land acquisition and demolition In violation of regulations, RMB 2,512,100.00 yuan was paid to 14 famers for house expropriation and relocation. In 2010, the Xiaogan Municipality abolished Minji Township in Xiaonan District and established it as an AEZ. In 2011, the District Government expropriated 4 square kilometers of contracted land from farmers in 9 administrative villages including Jing'anmiao Village for development and construction. Due to land policy restrictions, no land acquisition contract was signed with villagers at the governments district and village levels, and land acquisition compensation was planned to be paid to the farmers in 20 years, which has been paid up to 2020 now. Between 2015 and 2017, Yu Chuanlin and other 12 farmers from Anjingmiao Village constructed 3,369.99 n' houses on the land expropriated by the district government in 2011 without the consent of relevant authorities, and Zhu Daojun and other 2 farmers constructed 296.56 m' houses on the land around their houses, totaling 3,666.55 in. In 2018, Vertical Road No. 1 and Branch No.50 Road were commenced and constructed for the Xiaogan Logistics Infrastructure Construction Project Financed by the World Bank. The houses newly built by the above 14 farmers were expropriated and demolished, and the compensation paid totaled RMB 2,512,100 yuan. The above behaviors violated Measures for the Implementation of Resettlement-related New Community Construction in AEZ (XLGF [2013] No.1), which stipulates that "the original houses of farmers should be divided into legal and illegal houses, and should be disposed separately. Notably, houses built before August 31, 2009 are regarded as legal houses. After September 1, 2009, houses constructed as per the procedures and approved by the Minji Township Government according to procedures are legal, and illegal if without the approval of the Minji Township Government. " And "for illegal houses (or illegal parts), the AEZ Management Committee will not compensate for them. Farmers will issue a letter of commitment to the AEZ Management Committee, stating that once the development and construction are implemented in the area where they are located, when land acquisition and demolition are needed, farmers should move out unconditionally and settle in the community where they are resettled ". We suggested your office rectify the above problems and prevent the recurrence of similar problems. Your office accepted the suggestion. 28 The Followed-up of previous recommendations In the audit report of last year, the problem of "poor project promotion, serious lag in project progress and failure to meet the requirements of the project plan" was disclosed, which has not been rectified and still exists this year. 29