"Health Services Improvement Project" Grant N2 H8790-TJ, Grant N2 TF14871 Special Purpose Project Financial Statements for the period from September 20, 2013 to December 31, 2014 and independent auditors' report "HEALTH SERVICES IMPROVEMENT PROJECT" GRANT NO. H8790-TJ, GRANT NO. TF14871 TABLE OF CONTENTS Plage STATEIMENT OF IANAGEMENTS RESPONSIBILITIES FOR TIH PREPARATION AND APPROVAI OF THE SPECIAL PURPOSE PROJEC FT FINAXCIAL SAE IÅMENTS 2 FOR TIlE PIRIOD F ROM SEPIMBER 20, 2013 TO DECEM3ER 31. 2014 INDEPENDEN ADl' 11 [ REPORT 3-4 SPLCAL PURPOSE PROJECTI FINANCIAL STATEMEFNTS FOR THE PERIODE FROM SEPl-3' BR 20, 2013 TO )ECEM1 B1ER 31 20 14: Statie fc finanial psit in 0 Statemenit of cashi proced anid disbti~uremens 6 Statement of uscs of funds by proJect componcnts 7 Statcient of applications Stateienlt of special accolnt 9 Notes tI the specCia I purposC proIjcCt tiancial >talc tcl 10-16 STATEMENT OF MANAGEMENT'S RESPONSIBILITIES FOR THE PREPARATION AND APPROVAL OF THE SPECIAL PURPOSE PROJECT FINANCIAL STATEMENTS FOR THE PERIOD FROM SEPTEMBER 20, 2013 TO DECEMBER 31, 2014 h folowing staltment. N\hicli should be read in conjnction w ith the independent auditors- repnsiblities stated in the independent auditors' repot set out on pages 3-4, is imide \w ith a iew\ io dis inguish ihe respective respoilities of managemnt md ihose of the indepeident audilorý in relktion to he special pu.rpose projeet financial stateieims of1 leath Serv\ices hn provemeni Pro ee". (Grnt N1 H8790-Ti Grant M TF114871 (the iPoject' \1nemienit is responsible for the preparation of the special purpose proj cect financial statemenis lii preseni KinrIy, m all material respects. the filnancial position. cash proceeds ond disburseirnens, use,s of funds by pro ec como ponents, special account of the Project for the period fro mn September 20, 2013 to December 31 2014 in accordance th In tiernationil Public Sector Aountino Standard -Financil Reporting 1 Under lie Cash Basis oi Acxcouitiig" (Ihe 'IPSAS issued by the international Public ACCoIntin StndaIrds Board oi the In ational iFederationl ol Acountants and the Worjd BaTk' 1Finiaiil Manaeiient Sector oard's Guideliies: Annual Finiancial Reporting and Auditing for W`ocirld Bank Financed Activities" (Ite WB Gu idelines hn prepatring Ilie special purpose projeci financial statemenis. management is responisible for: • selecting suitable accontting policies ond appiing thieit cons istetly; " iiking jidgments and estimates that are reasonable and prudent; " stating wxhether iPSAS and WB3 Guidelinles have been moloed, subl ect to any iiaterial departU.res disclosed and explained in the special puirpose proJect financin statemnt: and • pirep1ing the special piripose project financial statenents on a on concern basis. unl ess it is ntoppropiite to presmnte tIhat the P1roject wxiii conitinue its Tetix ity fo the foreseeab e ituie. Manement is ao responsi We for: c designitg imip lementi n and maintainim elfecti e a d sou nd sy stem of in ternal conrol a nd for rev eli TI risk5s it sy sitm of iena control: * mnittinlgl proper accountim records thut disclose. w ith reasonable accuracy at any time, the tinancial position of tie Pioj ct, ond which enhle tfhem to ensure that the special purpose project finacial stateiments of tie Projet comply w ith IPSAS ond W3 Giidelines; * compliince ith las ond regulations of the Republic ofV Tjikistan- accomtill systeti of the PrioJect nId the requiremtents oi iie World Bank: * taking sulch steps is are reasonaby aaiiahie to them to safe Ilid the assets of the Projeet: ind • deteering, and prieentinig fraud and other irreglarities. Ilie special purpose pro ject filnancial statements for the period from September 20. 20 3 to Deceiber 3] 2014 wxere appreoved ond authoriz Ied for siLe on J1u1ne 8. 2015 by Ite managemem of the Project On behalf of the Management: N. Saliimzocia F. Safaro Minister of iealth and Social Protcetion Ilead of Accounting and Reporting Department of the Mlinistry of licatili and Social Protection Jonte 8, 205 jne 8,20 Dushainbe, Republi o T ajikistani Dushanbe, Republio: of T Mst BAKER TILLY Baker Tilly Klitou and Partners SRL 52 Splai Independentei 05oo85 Bucharest Romania T: +40 21 31561oo F: +40213156102 info@ bakertillykl itou.ro www.bakertillyklitou,ro INDEPENDENT AUDITORS' REPORT To the Management of "Health Service Improvement Project" under the Ministry of Health and Social Protection of the Government of Republic of Tajikistan and the State Committee on Investments and Government Property Management of the Republic of Tajikistan. Report on the Special Purpose Project Financial Statements [1] We have audited the accompanying special purpose project financial statements of "Health Services Improvement Project" (the "Project") which comprise the statement of financial position, the statement of cash proceeds and disbursements, the statement of uses of funds by project components, the statement of special account for the period from September 20, 2013 to December 31, 2014, and a summary of significant accounting policies and other explanatory information (the "special purpose project financial statements"). Management's responsibility for the special purpose project financial statements [2] Management is responsible for the preparation and fair presentation of these special purpose project financial statements in accordance with International Public Sector Accounting Standard "Financial Reporting Under the Cash Basis of Accounting" (the "IPSAS") issued by the International Public Accounting Standards Board of the International Federation of Accountants, and the World Bank's Financial Management Sector Board's "Guidelines: Annual Financial Reporting and Auditing for World Bank Financed Activities" (the "WB Guidelines"), and for such internal control as management determines is necessary to enable the preparation of the special purpose project financial statements that are free from material misstatement, whether due to fraud or error Auditors' responsibility [3] Our responsibility is to express an opinion on these special purpose project financial statements based on our audit. We conducted our audit in accordance with International Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance whether the special purpose project financial statements are free from material misstatement. [4] An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the special purpose project financial statements. The procedures selected depend on the auditors' judgment, including the assessment of the risks of material misstatement of the special purpose project financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal controls relevant to the entity's preparation and fair presentation of the special purpose project 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 special purpose project financial statements. Associated offices Cyprus: Nicosia T; +357 22 458500, Cyprus: Limassol T: +357 25591515, Cyprus: Larnaca T: +357 24 663299 Romania; Bucharest T: +40 2131561oo, Bulgaria: Sofia T: +359 2 9580980, Moldova: Chisinau T: +373 22 233003 Registered in Romania (RN: J40/5434/2003). List of directors can be found at the Company's Registered Office, 3 )AKER TILLY [5] We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion [6] In our opinion, the accompanying special purpose project financial statements present fairly, in all material respects, financial position as at December 31, 2014 and cash proceeds and disbursements, uses of funds by project components and special account for the period from September 20, 2013 to December 31, 2014 in accordance with International Public Sector Accounting Standard "Financial Reporting Under the Cash Basis of Accounting" (the "IPSAS") issued by the International Public Sector Accounting Standards Board of the International Federation of Accountants, and the World Bank's Financial Management Sector Board's "Guidelines: Annual Financial Reporting and Auditing for World Bank Financed Activities" (the "WB Guidelines"). Emphasis of matter [7] Without qualifying our opinion, we draw attention to the following matter: As mentioned in the Note 2 "Presentation of the special purpose project financial statements" to the Project Financial Statements, these financial statements were prepared for complying with the appropriate World Bank guidelines and Grant agreement requirements, and therefore are not intended to be a complete presentation of the "Health Service Improvement Project" operations. Other Matter [8] The special purpose project financial statements are prepared to assist the Project to comply with the requirements of the World Bank. As a result the special purpose project financial statements may not be suitable for another purpose. Our report is intended solely for use by the management of the Project and the World Bank should not be distributed or used by anyone other than these specified parties. Mamas Koutsoyiannis, Baker Tilly Klitou ers SRL Bucharest, Roma ia June 8, 2015 4 "HEALTH SERVICES IMPROVEMENT PROJECT" GRANT NO. H8790-TJ, GRANT NO. TF14871 STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2014 (in US Dol/ors) Note December 31, 2014 A SSETIS Cash and cash equivalents 4 599,244 Cumulalive project expendiures .671 465 Other expendJitures, 6.488 TTAL ASS fS AND EXPLNDI I LRLS 277 197 ('tULAAHJI\E FINANCING raT AiceNCvedI 777 97 11,I. -:\'.(- F I \A \Cl\( 19~ On betalt of te ilnagement: N. Salinizoda F. Safarov Minister of Health and Social Proteclion lead of Accounting and Reporting Departient of the Ministry of Health and Social Protection lune 8, 201 June 8 2015 Dlshanhe. Repiublic of Taikitn Dnuhnbe. R{epIblic of Tajikistan hei n ote on page - o an iera. pa ol the speed uro proect 3nancial -t en Ihe ]Indp en \u rs Reportis kn pages 3-4 "HEALTH SERVICES IMPROVEMENT PROJECT" GRANT NO. H8790-TJ, GRANT NO. TF14871 STATEMENT OF CASH PROCEEDS AND DISBURSEMENTS FOR THE PERIOD FROM SEPTEMBER 20, 2013 TO DECEMBER 31, 2014 (in US Dollais) Note For the period from Cuinulati e September 20, 2013 to Decernber 31, 2014 Opening balance Fulnding sources IDA (rat1 18790-Il 6 1.927,197 l9 ?7 I97 klR TF- Granti TF487 6 350,000 50.000 Total finlancini 2,277,.197 2,77 197 Project expen.ses Performance-basdI -nancinu (PBF) pa ments. includin- ments on initil vrification 2 3 339233 Consulnitionl serviýces 239)7; 3 7 Tri[ningsund wvorkshops S '5 g 2 I|g God s 78.568 78, 678 Works 82 92 8219 Operating epns 99208 e99e2s8 Total project expenses 6,071 465 1_ 6 71 465 Foxreig ecngle ratc dil'lercnccs 6,488 6,488 Closing balance 599,244 99.344 On behalif o the Mlanagement: N. Salintzoda F. Safarov Nifnister of Iealth and SoeiiI Protection Head of Accounting and Reporting Department of the MinistrY of icalth and Social Protection J une 8. 2015 June 8. 2015 D)Liu]h:mbQ. Republic oI Ta iikistan Dushanbe. Republic of I ajita Ilhe nots n p111 pagcs 10-16 Korm1 an Lkinrlpcgf1 th >pe al pux1ro se, pro jc n cpia i11pl eets. Ih. Independent Auditor Rport is on pages 3-4 63 "HEALTH SERVICES IMPROVEMENT PROJECT" GRANT NO. H8790-TJ, GRANT NO. TF14871 STATEMENT OF FUNDS BY PROJECT COMPONENTS FOR THE PERIOD FROM SEPTEMBER 20, 2013 TO DECEMBER 31, 2014 uinUS Dolars) For the period from Cumulative September 20, 2013 to December 31, 2014 Cumponent I. erformance-based tinmcing (PBF 277.099 77 Coimponei Il Prima-y Health Carc S8rngtheni 855 624 56 Compoxnent Hi. Project manaeent,11 coordination, mnitoliring .67ce 465671I465 On belialt of the Nlanagement: N. Salinizoi F. Safairo' Nl1inister of llealth and Social >rotection lead of Accounting and Reporting Department of the Ministiry of lealth and Social Protect!i June 8. 2015 J1ne 8. 2-015 Dushianbc. Republiic of Tai kistan D.shanbc. Republic of Tajikistan T ic notes kmn pages 10-1 6 for anil In iniegral pIrt of lh spleeil purpos project f cial statememi s. T e I Indeenen Auliors' Reportis on pages 3-4 "HEALTH SERVICES IMPROVEMENT PROJECT" GRANT NO. H8790-TJ, GRANT NO. TF14871 STATEMENT OF APPLICATIONS FOR THE PERIOD FROM SEPTEMBER 20, 2013 TO DECEMBER 31, 2014 (in US Dollars) Sources of financing Application Advances Direct Goods and Total payient services. inclluding atudit, trainings and oper-ating expensesN G,rant 1l8790-T-J l 1,000,00000,0 2- 155.211 - 155,21 3 - 771 .986 71 L000.000 155 211 77 L.S __ 2I7,197 GrtI TF 4871 1 _____ _-0. 00 0 1 00 35.000- - 350,000 1,350.000 155 2 1 77 1986 2.277,197 On behalf of the Management: N. Salimzoda F. Safarov Minister of flealth and Social Protection H ead of Accounting and Reporting Departnient oft he Ministry of ilealti and Social Protection June 8, 20 15 Iuì 8, 20 15 /7' Dushan1b. Republic ol Tajikistan Dushanbe, Rpubilic lo T aiikiswan ITh oIes )n11 ags 10-16 rm n111 im l part 11½ spcýii u ppro eet l-ial s ttem n The Independ2 11m AIditors Reportis on page s 3-4 8 "HEALTH SERVICES IMPROVEMENT PROJECT" GRANT NO. H8790-TJ, GRANT NO. TF1 4871 STATEMENT OF SPECIAL ACCOUNT FOR THE PERIOD FROM SEPTEMBER 20, 2013 TO DECEMBER 31, 2014 (in US Dollars) Specia/ accounts Grant 118790-TJ Grant TF014871 Curreni, L S Dollkirs 1 S Dollars Hank accnint 22696840 10002 22696840400003 Ballk National Bank of 'lTajikistani KiRldakil ne uhnb U Bak's" loxatton sa Description Note IS Dollars VS Dollars TotalI Balance as at September 20, 2013 . . ances received during the reportnIg period 6 1L000,000 350,000 l ~5i000 Rejimbursenient of e\penses during Ilie reporing period 6 77| 986_87 1otal lu11ds received to a special acioult during the reportilg period 1,77 1.986 350,000 2,121,986 Thie amount of eligible expenditures paid durin tihe reportilng period 5 1,384428 131,826 1 5 6 254 Foreign exciange differences 3.890 2598 6 488 Sransfers betw%een acconis 1881 826 2 07 Balance as at December 31, 2014 4 381 7817 214,750 596,537 0On )ehalf of the Management: N. Salinizoda F. Safiarv Minister of Health and Social Protection Head of Accounting and Reporting Department of the Ministry of fHealth and Social Protection Jine 8. 201 5 Lune 8. 21 5 Dushanbe. Republic of 1 ik-istan DLhanbe, Republic of 'ikistan 1l intes o pages 10- lorm a imilral pan ote sea p pojc nial snne The n ~Ide6icpenden Aur Reon i pages 3..4 9 "HEALTH SERVICES IMPROVEMENT PROJECT" GRANT NO. H8790-TJ, GRANT NO. TF14871 NOTES TO THE SPECIAL PURPOSE PROJECT FINANCIAL STATEMENTS FOR THE PERIOD FROM SEPTEMBER 20, 2013 TO DECEMBER 31, 2014 f in US Dollars) 1 GENERAL INFORIATION According to the Agreement between the Republic of T:ikistan and International Developent A:\sociation (the DAI ) dated September 20. 2013. the IDA prosided a Grant l18790-T.1 in the amount of 100,000 Special Drawin Rights (the SDRq (eluikalent of USD 15000100 to the Republic of jkistan. In accordance "itl the Agreement between the Republic of Taikistan and the calth Results innovation Trust Fund (the "H RITF) dated September 20. 2013. 1 IRITF provided a Grant TF- 14871 in the amount of 4.800.000 US Dollars to the Republic of Tajikistan. The Girants \cre provided for implementation of Health Services Improvement Project (the "Proiect"). Project purpose The Project Development Objective iK to contribute to the improement of the coverage anld quLlality of basic primary health care services in rural health faciies with particular emphasis on impro\ ement of Maternal and Child alth service quality. The key indicators of achieNemen of the Proj Iec Del opment Objective are as fol los: * Percentag of pregnnt sianen recei ing antenatal care four or more times from a skilled hcalth plovider: * Contraceptive pre\alence rate: * Average IHalth Facility Qualit ot Care Scorc: * Percentage of children under-five with diarrhea treated w\ith an Oral Rehydration Therapy. The Pro6ect is to be implemented durine 2013-2019. and comprises 3 components: I Component 1: Performane-based financing (the PBF"): 1 Componeit I: Primarl Health Care Strengthening: 3. Component IIl: Project management, coordination and monitoring & evaluation. Comtponent I: Performance-based financing (PBF) Financi"n from 1DA iWnout of LSfD 6, W00 10, iacing 1RITF i Lmoiiw of USD 4, 00, 000 This components finances implementation of the PHI- Scheme for Maternal and Child I icalth and Non- communicable DieaSe sWrVices. h0 proViing quIarterl perormance baed pal ment to e iiblc Prmarl I Ialth Care (ih2 - P IC Facilities based on thcwr perTormance on a set of criteria agreed upon in w ritin b) the Minisirl of Health (the -Mol l) and the PHCs. The component also finances P13F Scheme costs of the first level verification and independent verification of the PBF Sdcme, ((>fl/oiet II: Primary Heuth Care Stren,,tlening. Finanmcing jj-»n? IDA nmomf SD (5 000 j( This componen includes Ilie follow ing sibcoi ponents: Sihucmponent I a: )uality prvemem: Il subcomponent finanees tiamin of privnan bealth care doctors and nurses from Ilie distris patpatg mn te 11 Scheme and orher seled cornpson disrins ii the t mochs Fuillv Medinle training poram and pro\ idläg tþi m it conthlnous mcd ekwation on dkica tivsnanl parxIOls äor nnxcnl and ciId healkh care and selecied nonsconiunicub]a di seases. NiubcuGiimUn II i* />Ii i jeaI özÍras nruc iy |H /1/f/ cæm e1HS If ih s uhemponeint tinances supporit of ie iiiilpio\Cimenit of pri mnar health are infrastruciture hi tlie pry cet disiiuts bý providing bast medical eqinpment and suppies. aid performing rehabiJation wo.rks for ,eleced prilnav healtheare fuciliics. ( oiponent li >: Prjct ilmnagemnut, c,ordiiation and mon(jl itpI-orilg & evaluation Fintiangig|n »ni IDA ii inount w( USD 3001,0() Tls coluponet ensures Support of the Project implementation and management at the central regional and district levels including the provision of traning and financing increnmita operating costs. Prga Imanu,Ugemt The Ministry of leall is the auhorized body responsible fKr the preparation and iniplenenation of the Project. Ile Ninister of H feath is he Prolect Director responsibfle lr overall project imanagement to ensure that projeci resource, are used as budgeied and that project evlopnt objctives wil be achieved. Duration of tlie Projcct is from September 2K. 20 13 to Juary 3 1 2019. 2. PRESENTATION OF THE SPECIAL PRPOSE PROJECT FINANCIA L STATEENTS Basis of preparation Ihese special purpose projIci nanu al -ntiements have been prepred in accorduance mith ie lnternioional Public Sector Acconnuing Standard (the P [SAV Vianual Reporii ner the Cas asis of Accounting isued bs the PNic Sector Committec of thie lnternation l 1- ederuion of Aconnianis. and iicpoup te ie lloing pnupal auccountm polhes utich haxe been constienis follosed in all material respecs and coniply with the World Bands inneal Nlmagemet Secior Boudå -Guidelnes \nnual Vinancial Reporting and ALdiiine fo- World Bank Finunced Activities~ hlie WB ililde[ines Under the cash basis sy stem icome (or expenditure) is recoiiized w hen cash is received ior paid) irrespective of hlien goods or services are received. Ihe Project's approved budgei disxlosed by categories 01 expenses is not pukbl ic avaslaNe Wnd as such compan son of budget and actual amounits is not presented. 11I Thee speci al purose prjet inancial statements consist of: • Stmeme.nt of cash prnceeds and disbaursements: * Statemnt of uses of funds by proCjct co innts: * Statenent of applications; • Statemnent ol special account: • Notes to the special pprpose pr,ject financial statenents, incruding short description ot main statements ofaccountdng policy and oter descriptive notes. The repørting cecyof ihese special purpose projcc financial st tements s US Dolars (te SY'. 3. SUNIIARY OF SIGNIFICANT ACCOUNTING POLICIES Cash basis of accounting Spcial purpose project financial statemen are preparcd on a cash basis of acounting. The cash basis of accouintigi recognizes transactkons and evets oinly when cash (ncluding cash cquivaenis is received or paid V the entit. Special purpse> pro ject inancial statemenis prepared under te cash basis provide readers \wih information ahut the souwces ol ash raised duing the peiod. the purpos for w hch cash was used and the cash balances at the reporting dait. Ie icasuremnit focus hi the spceia purpose project fnanciai statements is aluances ofe cash and changes therein. Foreign currency Operations in f cign cireiic initidiy are couinted i Qunctiional curenyc by the olial ciurency exchange rate settld by the National Bank of Taijikistian (the -NBT-) n a daete et opration Funds received are transiated into USD at olAia l e hR;c ite1i r iog l D n tl t: - SD at the date of tunds receipt. All payrments nade lo e W m:enCq arte nt ýl) at tlle lt:ic:al exchange rate defined by National Bank of Taj ikisan, at the date of transaction. \loiiciaui usscts and li:bilities ex¡)wesd in l:eign currency are converted to functiona currecy at flici l exc hane raie on a dale sted h be \B I All fReign echange differences resuted romn mlatuwit\ r recwouting are iincluided in stateomet nf cash proceeds and disbursements. Noni-miioietai itms are va lued according to heir hisie cost jn foreign cenciyw,, which are recalculated 01n ates of the initial operation datc. In preparation of the spcil pirpose project financi statemts the ofing change ra,e NBT inl regard o ajik somoni w as used: December 31, Decemtber 31, 2014 2013 Tajik somoni to USD 3079 4.741 Cash and cash equivalents Cash and cash cquivants inude cash on hind and due trom banks. whic can be cnvertd to tihe corresponding amount of cash in e short termi. Taxes Cacuaidon and pay nnt of prsonal incone lx and social securitycontributions from incoim o local staff and cnultants is made in accordance w ih te reuwiet and ratcs of the Tax Code of the Repubiic ol Tajikistan. 12 Project expenses Ie expenses are recorded in the period when the; xwer aciuallo paid. Sources of funds The funds Nvere provided by the World Bank to the Project b replenishment of special account or through direct paymemn to the end suppler 0F oods and or services. 4. CASH AND CASH EQU. IVA1LENTS Cash and cash equivalents as at December 3]. 2014 comprise: Currency December 31, 2014 SPecW1 account Grant H18790-T) LSD 38 1.787 Speciaclnt Grant TH 4871 t S) 214750 T ranbit account Grant 118790-1 JTS 1.881 I ransit account Grant TF14871 10 599. 244 5. CtMULATIVL PROJECT LXPENITURES ro cct expendlIHM h) components arc prvented in the statement of lunds bi proiect component. Project expenditures on major categories are presented in the staternent of cash proceeds and disbursements. Breakdown of project expenes by categories and donors is presented as fo lows: PERFORMANCL-BASED FINANCING (PBF) PA) 1LNTS. INC I DING PAI LN1S ON INITIAL VERIlICA1ON For the period fron September 20. 2013 to December 31 2014 Grant H8790-TJ Grant IF14871 Total Performance Based Financing (P F) payments 104.127 129.177 233304 Payments on initial veriflication 3.280 2.649 509 1097.407 131.826 23120 C(ONS LTAT[ION SER1 ICES For the period fiom September 20. 2013 to December 31, 2014 Grant 118790-J. Grant TF14871 Total Pa)roll and related taxes 197, 9 973 231973 2 ) 97 TRAININGS ND WORKSHOPS For the period from September 20, 2013 to December 31. 2014 Grant 118790-TJ Grant TF14871 Total 1rainings for public ealheare workers 195,343 - 95343 W orkshops n prjeicct implementation 71.774 2 1 774 Tlinings for PBF \crifiers 7,610 - 7610 OMthe 454 454 _ 225081 225.181 GOODS For the period from September 20, 2013 to December 31, 2014 Grant 118790-1J G rant T Fl 4871 oma Medical literaure 198,236 - 198 26 VehiclCs 179590 179 9 Visal aids. simulators and moulages 155,211 155.211 Medical bags for doctors and nursvs 146.893 - 146893 Office equipment 60.816 60816 Funitureii 41.932 __ 4.3 785.678 __________ 785xc78 WORKS For the period fromn September 20, 2013 to De«cmber 31, 2014 Grant 118790-l J Grant TF14871 Total Repair and maintelancc pis192 82.192 82,192 82192 OPERATING EXPENSES For the peruiod from September 20, 2013 to December 31, 2014 Grant 18790-TJ Grant TF14871 Total Repair and maintenance of premises 35. 1 72 - 31 72 Payroll and related taxes 21.961 - 21 961 Communmcation 8.792 - 892 usiness trips 6 89 6890 Fucl 6.217 6 217 Repair and maintenance of vhicles 6 1 10 6.1 10 \dvenisin 4561 4561 Stationery 4 Other 71, 99298 -99208 14 6. GRANTS RECEIVED Th financing was presened by lic folomng reiflbur wsement method For the period from September 20. 2013 to December 31, 2014 Financing meMt / sources of financing: Gkrant 118790-TJ Grant IF14871 Total Advancs 1,000.000 350.000 1.350000 Reimburseent of Cxpcnses 77 1,986 771.986 Dirct Paymenm 15.2 11 15521l 1 927197 350,000 12277,197 7. LNDXRAWN FUNDS As at Deceiber 3 1. 2014 undårwn funds with breakdowni by grants are presented as flows: Grant 118790-TJ Grant TF14871 Approved grant am1un1 15,000,000 4,800,000 Distirsed amouni i 927,197 350,000 L nda iwn a ou 1.07.80 4 115 ,000_ Grant H87W90TJ Grant TF 4871 Opening disbursed amnit - 1isbursed during the period I 927.197 350.A00 (lsing dlisburscd amunt 1,927,197 350.000 8. COMMITMENTS In the nornial course of act vities, the Project concl udcs agrcmens with su ppl irs of yods aand services i accordancc with the estab islied budget and procurcment plan. Contract val f o b oh ligatons val id as at De eni er 31, 2014 was as flo w Io\ s: Counterpiarty Cnac # Contract Paid up to Remaining value December 31. amount to be 2104 Iid Aloka-S LLCN MOHSP HSP SHG 014 004 95.681 - 95681 Lyubov Marauskiene MOHS SIP IIW 014 002 62,908 3,145 59.763 Ramzes LLC M S Pl HSP SHW 013 001 78,887 76,849 2,138 Stae ser ices on control of medical activities and social protection of the popuition No numbcr 500,000 5969 494,031 Regional traiing-cliinical center on fnily medicine in Khatlon region No number 9,650 9.650 Others24 3524 15 9. LEGAL CASES Ihere wev no ai lerl claims reated to the Projcel. 10. EVENTS AFTER THE REPORTING DATE Durng 2015 until the date of issue ol these special purpose project financial statenients the World Bank has replenished the special account of the Project as folows: Application (;rni H8790-Jj Grani F14871 February 17.2015 - 1311826 February 17. 2015 98,2 6 February 9.2015 6127705 February 23, 2M 5 6 Q944¡ March 2015 99.683 May6,2015 8 127500 1.037545 131A 26 As at the date oi issue oF these inaial statements no other significant eveats or transactions happened, which houl be disclosed in accordance wih IAS 10 -Evenrs atter the reportinur period except for l e events or transaetions deseribed above. 16