AUDIT OF THE FINANCIAL STATEMENT OF THE "NATIONAL VOLUNTEER SERVICE PROGRAM" MINISTRY OF SOCIAL AFFAIRS WoRLD BANK GRANT NO.010404 BEIRUT - REPUBLIC OF LEBANON FOR THE YEAR ENDED DECEMBER 31, 2015 TALAL ABU-GHAZALEH & CO MEMBER OF TALAL ABU-GHAZALEH ORGANIZATION Index Contents: Pa" Independent Auditor's Report 1 Project Statement of Cash Receipts and Payments 2 Notes to the Project Statement of Cash Receipts and Payments 3-6 Annex 1: Fixed Asset Schedule 7 Annex 2: Reconciliation 9 Ifl err-V>0% o'en a v- enc, -CN<\ mf 1. o co iN c c-at må t n9 r O n n r4 C.r 7fn n . oss 0 S0 en C linen O rn C0C-f 00 00< I0 \ - ene-r fn gD m inr F-% P4 l% 4 r n aæ 0 > t - CD "r - o E Ø3 r o s , e r- t- v in C om co. cj0 e - 5'-D - e' 00 - - e 0% a~~k tsos- * * n C CN C cq =l r-o u w N c> C7, d\ gu U u E 00 E '- 8 24. 30 -\Q e oC ¾ = n tn wo w ^ > e CD 'n e O cy. = c m CO t C4 °r=ne8 E - 0æ %C0 Ln el] l 0- e n r4 CO r4 c nnAr ©å Q%En Een e r - × eN e' ' m in c>t -4 t D<=ft t E ,- eC % - 0 00 ,, fl .D Cj k. n k . eo ,0 y = R Eo I. o-0em - m- Cl rl m n 0 0t ~ E enr-O 0%ø>or Ji " E. ' S d=S E., n'5 E y a 6 4> > - o - <9'o 0..e -'S .9 t~iu c OXø 6tw J2- ~o4L,O CL i~eU Eu Eu i Oc±C O O 0 kn Ministry of Social Affairs National Volunteer Services Proaram World Bank Grant No. TF010404 For the year ended December 31, 2015 (Amounts are expressed in US Dollar) Note 1: Pro'ect Purpose: The purpose of the Agreement states that the World Bank grants the Lebanese Republic a contribution of maximum US$ 2,000,000 as participation towards the realization of the project as per the description of the project and the budget. The National Services Volunteer Program (NSVP) is created to address the issue of the downfall of the volunteering culture in Lebanon and its negative implication on youth employment and social cohesion. The country Partnership Strategy, as well as the Italian development Cooperation Office in Beirut. Unless otherwise agreed by the Ministry of Social Affairs, the World Bank and the Italian Cooperation, The arrangement is expected to be operational throughout a period of three years, and will cease operating thereafter. Below is a brief description of the projects' objectives. The main objective of this project is develop a National Volunteer Service Program that aims at improving social cohesion across communities and regions by increasing youth civic engagement outside for their "safe space". Expanding youth volunteerism will enhance their cross-confessional understanding, reduce their inherited prejudice and improve youth employability for better integration into the labor market through enhanced soft skills. The objective of this project will be achieved by amplifying opportunities for volunteering activities, encouraging youth's involvement in the process, developing the institutional capacity of the MOSA, NGOs, and universities to effectively utilize contribute to communities other than their own. Note 2: Cash Receipt Opening 28,947 Is" installment (WA.4A) (February 20, 2015) 135,764 2nd installment (WA.5) (May 15, 2015) 82,344 3 installment (WA.6) (June 24, 2015) 95,742 4nth installment (WA.7) (June 24, 2015) 250,000 5'" installment (WA.8) (August 28, 2015) 65,679 Total Installment 658,476 Refund from discontinued project (WAO9) (March 24, 2015) 5,000 Total cash 663,476 * Funds received amounting to USD 28,947 and transfers for USD 629,529. Transfers here is the value of money that has been credited to our special account through year 2015 regardless of the amount recorded in client connection. This difference is caused by the delay in the transferring process. 3 00 8 n ri Rn wrfmo 00 OOOLnl a ~ ~ ~ cm8 2MWC nt ca i -C oC% ioGoOO t- el 0088h8w80 8888888. I~~C 0 Ln rn rn rno0'i oV 20r t N f ~'0 0 fl i 'fl fl - nr C) C 0 r,n åf c 'ii oZf 1 C r;0 7 fl 0888 8 88 8 SS as88 nj - r å ,| =i 16t 6 -.|'| t- > - 0 11 .C' .. O 0mC co 3 1.>T en Eý M M 000 o- o- ru= tA2 O >- 02 > >. 2E 2 Q2 ed- Lx. - r= r- ej 0h C3 C3 0 j c 033 ©2222222>>23 w 4 Wzzzzzz en > '> E z > > > >. > >1>5>f> zzzzzzzzj 0 c c -$Itk I i 1-c 00 r', - m 88- 8*0 -n alj80 O E > IflWi'S S ° 't'?S i oi I mo m c . I I : 6fn &n 00 0 0.3 ø w= 22 m le ,.,ý 00 <2% 0 InIV fler~ s~~ f4 u < ;1f1. S l Ô ~ ~ =Êi Ö' "-t ". l iý i -ý r oEEoE 0 0 e>ej ©e ooaE -onW - 32- cli >r Io I" >IflF Note 8: Cash at Central Bank The differences between the Central Bank account amounted 98,352 USD and the book balance amounted of 90,994 USD are checks issued not withdrawn yet amounted of 7,358 USD 6 ANNEX 1 7 Ministry of Social Affairs NVSP From inception till 31/12/201$ Fixed Assets procured under NVSP Grant TF 10404 Description Serial Number Quantity Location SuppIier Name Invoice con- Amoutt$ Equipments HP - Laptop 1B- p1 1ne, 6MB 5CD4483X0H I M&E Officer Exquitech sad 844 80 Good RAM,ITB HDD1n__M HP - Laptop 15- p1 17ne, 6 B 5CD4483XOL 1 Communication Officer Exquitech sad 844 80 Good RAM,ITB HD17e,6M HP - Laptop 15 - p117ne, 6 B SCD4483XOS 1 Project Assistant Exquitech sad 844 80 Good RAM, ITB HDD____ HP - Laptop IS - p117ne, 6MB RAM,1TBHDD5CD4483X0P 1 User Exquitech sarl 844,80 Good HP - Laptop I D - p1 17ne. 6MB 5CD4483XOK 1 Procurement Officer Exquitech sad 844,80 Good RAM, 1TB HDD________ HP - Laptop 17 - p053ne, 6MB 5CD4452ZL0 1 Project Manager Exquitech sad 990.00 Good RAM 1TB HDD + Case HP - Laser Printer Pro M125nw (B&W) CNB7H19BV3 1 Office 1 Exquitech sad 220.00 Good HP - Officejet Pro 8620 (Colored) CN51CEK25Y 1 Office 2 Exquitech sad 322.00 Good Ink & Toner for Printers - 1 User Exquitech sad 165 00 Good TP Link Router 2144014006180 1 User Exquitech sad 55.00 Good Office 365 Business Premium - 6 User Exquitech sari 976.80 Good Office 365 Business Essentials - 2 User Exquitech sad 117.60 Good Norton Antivirus - 6 User Exquitech sari 165.00 Good Flash Memory Kingston 8GB - 6 User Exquitech sar 79.20 Good HP 15.6 Inch Top Loading Laptop 5 User Exquitech sari 70-00 Go Carrycase Domain nvsp-socialaffairs 1 User Exquitech sari 1500 Gooc Web Hosting Service 1 User Exquilech sari 300 00 Good Installation. Configuration. Hosting - & Stu o Ofic 35 1User Exquitech sar 350 00 G&co & Setup of Office 3fi5 8 0.19 60 Note: Fixed assets listed above amounting to USD 8,049.60 are for the use of the Project Management Unit. As for the assets of NGOs, we will list it in the 2016 report after the completion of the implementation of all the Small Grants projects. ANNEX 2 9 DA RECONCILIATION STATEMENT oan.'Creit!Gran/PPFlCofinat*c Numbe 10404 Account number 700361436 Bank 1anque du Liban 1 Amount advanced by World Bank (oi Cofinan:'E) 500,oO,001 2 Less total amount recovered documented by World Bank 94.841D0 (recovery process norma ly beg:ns towards the end of the project 3 EQUALS PRESENT OUTSTANDING AMOUNT - 406.15t00 ADVANCED TO THE DESIGNATEC ACCOUNT 4 Amount in Designated Account at. 31 12 2015 (date per bank statement. copy attached) 5 Plus amount of eligible expenditures documented + I in attached application no 11 6 Plus amounts claimed in previous app!ications not yet credited at date of bank statement Application no Amount 9 162699.00 Sublotal of previous 162,699,00 applications not yet credited 7 EQUALS TOTAL ADVANCE ACOUNTED FOR 405,1S9.0 8 Explanation of any discrepancy between totals appearing on Lines 3 ana 7 above (e.g items paid from account but not yet claimed, earned interest credited to the account, etc) 0.00 interest charges 9 Januarv 8. 2016 Date 10 HE. Rachid Derbas Minister of Social Affairs Mrs. Mawa el Kik Project Manager Names anj Titles of Represemat ver Signatures