04-JUL-2018 03:28 From:

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                                                                           To : +94112440357

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             2.     Financial Statemenl
             2.1   Opinion
                    So far as appears from my examination and lo lhe hes1 of infom,ation and according
                   to the explanations given to me, lam of opinion lhal,

                   (a)    the Project had maintained proper accounting records for the year ended
                          31 December 2017 and the financiahtatcments give a true and fair view of the
                          state of affairs of the Project as at 31 December 2017 in accordance with                            /
                          Generally Accepted Accounting Principles,

                   (b)    the fonds provided had heen utilized for the purposes for which they were
                          provided,


                   (c)    the openi11g and closing balances, withdrawals form and replenishments to the
                          Tmprest Fund Account had been truly and fairly disclosed in the books and
                                                                                                                               j
                          records maintained hy the Project and the balance as at 31 December 2017 had
                          been satisfactorily reconciled with the accounting records of the Central Bank
                          of Sri Lanka as at that date,


                   (d)    the Statements of Expenditure submillcd could be fairly relied upon to support
                          the applications for replenishment in accordance with the requirements J
                          specified in the Financing and Grant Agreements, and


                   (e)    the financial covenants laid down in the Fimmdng and Grant Agreements had
                          been complied with.




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