PKF MAK ALYANS LLC Arwuntants & businss advisors 7 WORLD BANK ENERGY EFFICIENCY FACILITY FOR INDUSTRIAL ENTERPRISES PROJECT (pROJECT COORDINATION UNIT) MINISTRY OF ECONOMIC DEVELOPMENT AND POVERTY REDUCTION OF LIZBEKISTAN (PROJECT EXECUTING AGENCY) INTERNATIONAL DEVELOPMENT ASSOCIATION CREDIT No.5241-LUZ INTERNATIONAL BANK FOR RECONSTRUCTION ANC DEVELOPMENT LOAN No-8S26-U SPECIAL-PURPOSE CASHE-BASIS FINANCIAL STATEMENTS AND STATEMENT OF EXPENDITURES FOR THE YEAR ENDED DECEMBER 31, 2020 * 1 ___ ь � � � rj � � � � ! � � � Р � � � � Э � � � � 1 i � � � € � Lr � � 1 i i � INISTRY OF ECONO MIC DEVEL.OPMENT AMD POVERTY RCOU CTION OF Ud- ST EN ERGY EFMIENCY FACI LIP FOR INDUVMÅL IENTF-RPRISES PROJECT PKIJECT CCIORDIKATION UNTT TABLE OF CONTENTS Page F13ÅR THIE- PMPARL. HI.ON AND APPRGVALOF THESFECIA..-9'-'RPGSýE FINA14VÄLSTA119MENTS FCRTHE 31 IN3EPENHENI AIJD'-CýRk:">':REPCR"N7 4 DEVELOPMiENT AMCIATIG N N A T l 0 N A. 1 B A NJ K C, F R E C3 N S T S 1,, CI l V-v L I`N D D E N T PECIAL- PUR7-D-E.ECASH - 9ASIS FINPP..:7.1.1, -.:ý"TATEMENTS FOR 7HE. YEAR Er-,2-EF) DE(EMSSIR 31, pi L, 1. .. < 7 Stalåmen[s of Cash RecAipis a-d Payrriencs 6- 1.3 ýtaterrlenýs of Financial PefsI;nn Svý- tre o i s ýu i C-ý s t s- b y T y gý s ,q-latemeý-ib Qf CasI BalanQvi Slaternenh & Expendiýýu ro 'Ali'ih.dravýal Sch.ed ile 2 9 71 � L� � 6J � 1� � � �. � � � i;. � � .� � � 3 � � [ iI1 (f 1..9 � Э 1..1 � ! ... L.ti I � i:в 3 � 1 MINISTRY OF EGOý,LýONTIG DEVELOPMENT ANO POVERTY REOUCýTýON Oý U.ZBEKISTAN FNERGY EFFIG IEN CY FAClLITY FOR INDUSTRIAL ENTER PROJ ECT PROJECT COORDINATION Uý41T SI ATEMENT OF MANAG L MýNT'S REý>PGNSI BILITI E-5 MRU E PREPARATIO N AND APPROVAL Q F TRE SPECIAL-PURPOSC CA.S H-BASIS FigAý4.C,'[ AL $TAT EMENITS FOR YýAR ENDED 31 DECEM BER 2020 Týýe r-lini,ýlry ýf F-.2iincfni, De-ýe[Dpniý.--i iýi!,id a` UzbE:kýýag nýirvtý,é as a Projeel E linq (hereinaý.er - 'PEA'ý D[ Jie -Fnprq -icioneyý Fxiliýq iiLlu,:.idai Proicrl' -'Picjecf) is .'b1i3 for ihe prupar-a[pr, i,--' -1-ie S;>,--ia1,,Pur-po" Finaricial s'ý, implerrer.Iing iliý e--r. funded by ýiiiý lnýemaý;c.nal Fý-,vele-ý-nient -1 3X) arrJ Ihe Lýan il ný,; far Rec."inF",ru:.:,1bn nffd De-ækopn-cr.1 (hercinafter and pnýwýt faidv Ihe firer.cial pi-F.:iii3n ýof i:" -reýGct i3ý, i--:,! Dgi--rnber 2020. arc, ýha funds and pcndil,.,cs iý-Kurmd for 41ho ýl cel:prrtc, 2u,."j. wiih IrriernaJonal Pubi,-, ýccior keoi, rfing SliýrpJards'Finaniý,ýi Rýep:3ri.,-,ig under ihe (herQinzfter h prLý,pgrim the, Fir-iiri:ýA ýýl-a.orrknts, [ýe -DI tý,e PEP. ils ýý-ý-ponsible tor- and %linn Ihern inforrnaýon. in,'.d;m ,).jK:ies, in a manneý ýhat DI_'1.T1parab1F!. ;ýnd undgrT.andable inforw.ahGi,i. Prov c m dwb:.ljres corr ývlli l---- r.@quirornenis in 3asis Hri- t to i-ýnatlc uý,erý ý13 under-ý,&d l',ý! Inpact cl 1'::_- --aejrn- ;lý.rd -Jons on ha P--c. F-ýcrs F inai" Stý--ierrents, Tre Df týÆ Prý_A iý 21.w respø3r5ible lur iffiplerrenýng arýJ ai effxectiyr wd sourid !systcri of Qonl.rols, ",hc rrQj-.. . irnp[,,,rneibtpn: --ýaininý ade<ý accoun'.rý2 leeý,irlpý we sý., lf,ý<,iPnt D-z% sý-ýDvý 3nJ ýxpi@in týe Pre.ieei'ý trarsørlions ýnd diE,-law remonable at any Urne fund balane,ý ýýl 1'ýLa and whic,ý en.,.Jýe lherr,'ý i2ng:i ra j - l ý in Eýt Ihe Financial I be Projeý' cir, -,'. ý-,i - -il s--iý,tury recordý in ril '-.-ý,publir: c[!- r..] T 3 k; I i:- p a a rý- r- n at l v a v ai l a b l e ý D rý- Lc .,3 l c u a rd i h 9 9 s e, !u ol i bEý PråjG!ýl: and and 'et i,3uý aid otý-,eý- irrýegulafil,ýs. The ginýrieýaý SL-3temenýs ý)l P ior ihe y.ýA.f ended 31 Dei,,-^rnbor 2020 výýý a,ý..lhofized lor i5!5iA@ ý,,y'me PEX5 mý June 02ýý> 2021 On behall øf thel. Management cýf ýhe PEA. A. A:ý mbaev N- Ra aneb,ý] Cirecb-,rjr Pilýlj rý;andgemený .ýpeeinlisi oi pý . .... .............. ...... ............. .....L PKF MAK ALYANS LLC Accæuntar,ts & business adeLsør5 IlNDEPENDENT AUDITOR'S REPORT To THE MiNrS My Cp ECONOMIC DEVELOPJ4EN AND POWVERTY REDUCGION OF UIZEEKI.STAN 'e ha'e audited ihe Sprha-P.rpose Cash·Basis Ftarial Lte-nent5 |1ereinaher - the 'SPF$J øl Energy I icient Fa:ilit: for ndusrial Ente-prses Projeel! (hereinafter - the 'P.o:c finance- Irwrn Oredit awilites ftE 1r.ematiornal Jeelornent Assoeialic- (Cred. No. 5241-U2) ad Loano[ t!e Ir1erelanal 2k for Recons1rwlion a:fd De-'eIcrment Il.:.n Noi.826.UZ) and, which cmprie Ie scecial-purpse i.et,1 of cash -eceipL and oayerts frr 1he year erce 31 Cecernber 2C:O, Iha salenïent DI e;<(riurus ihereiratter - a-e '307 a-d a sumriary c Rgnirtant acountg poIlici 2nd l%1hcre.planatry r:tes, Ihe SPFS ha'e tee peared I 1hE Project Cco-diriali-in Uni iho' r af:er - U.| urder he Projecr. : in9 Aienv | e.iter - 'P'A - Ihe r.n sLri Da Eoromf,Tiir: - ent -rd A.vry ReCt.bn cd Uzbek-r·< using Ihe irIomahnal Publi: Sr:.or Acoæuning Standards 'F -aciaI Repor1 under ihe ;-:ash ls `f AccoJing' (hereinafter - IPSA S CashEsis' In aur opinion, i The aompanying Spel:al-Purpose CasW.=is inan:ia! Statements, i al mateial respeo!s. g ve a I0a and `air vie. of t- Fir-ri:iel Posdiori :f I1é Projoet as of 3 D=.:r 202C, as æIell a SQurces and Jses f Funds r ho perKihen ded, in all as:cts ecrmply lh thec ions c lhe F rarcnng and Loan Agreerrerls and in aýccrz=jne with Inter.raiona.lit' Sector Account!-g :'anýrdard -F.rrcjGl Re8pnrtii;; under E"e CaBasis &f Accounik1'; I r..w:vr, (a) ..uth respect to 1.We SE for :he year ended 3' December 2020 adequate su;pc--in- e;urtels, roords and acounts have been nainta.red il suicn clairns to lhe DA ard IBRD fu- e'nburs"rments 0[ expen:.lures 'curred ari (bi expn-dilues included in the tithdra'a applicatcns and roiftfrd aga:nst eligi'le for financing urd::er lhe Finandrig and Loa- AgreMnielts. BIsis lot Oplrbion 'ive oarcte. :.uir audit ir a·cordance wlh ·E Inwrr_Iional Scaar:- c" Auliring 'SAs. Jr respOnstIIlieS under I ticx:3e sla'ïdards are iurtroer desn t :! :I e t.dr'&' Re-5poan.'P 44'f: or Ilhe AÆt va'I ofi P'ara S~tm»s s5i of cu report We are independeri o! 1he Prcect in ar.ane with the InternWr5aI Elhics Stardiis Bsrfd 'or Acoo.untan' Coc' cJ E'fficn3 lrc'as ; Ar:cun'.;s fESBA C:cÅ.> [o er wit e:hr:: raquirr'eIs mal are re&vant te our audi uf t Ur SPFSs in he Republir, uf zbekistar, ard we have lulf d or otr.er respriibili.es under Ihese r esge:ntn:s and tre IESBA EZode WL'a bélive that the .41, Edervc e rate obtati is s.Lifciont a"d aprpprial& to prmv.de a bag:s 'oro..vr audit opinien. Responsibilities of Uanage.nentfr the SpeciaIl-Pupose Cash-2m5is Financial Stenents :hri MaQnaperrerl of 1he PEA is responsidie for te preparalian a^d ?air presentalion Øl Ihe SP-Ss in acr.rdrce ih ihe IPSAS - Cash B:s and for such inei coni.: as rnanagerrnt detern^'s is necessary t ere 2 pir,parabon of SPF35 ihal i,r? fre f 'nato rrVss.menl1 whLe' due to fr.,id orerrc'r. Le 4-99871 29d43.8E-.ax 49971294-7"-85 - It@Ipk.u2 z - wwm,pIK.uz • www:forQ .:- P -' MAM ALYANS LLC ' 22 Aiizir sire *i passage •iTastieril, UbkisIai • 1Doe1 P .F UN i t, kr :N sZtcn e r ro c i .rd.PmJ mr i r.ttt licl; frcr rin ne F iraIE dM rlA:rin n ra CciFr rii-1k � � � '� � � .� � � .� � �� � � i � � '� � :� � г� � � Му � i З � � �� �� � � Auditor's Res pwslbiility for the Au--ýJ il. ýf ýhe SpeciakPurpose Finaåcial Stalements ýýjr obýKIiývas are tG DbtaA mý35ý)n?blEý assuralep abeuý, wheter the a Aýhile N)-n 113ýeriýil Nvhe'her ýue .o fraud or renror, and .o an au,ý --- ý 1, r R iý a h ý h l em l of w 5 u ra n,ý e. bi ' i!5 nut ýi -cuýrardGe ihaý an audit cc in au-cidaneg -Aýih ISA.s ý-tact a mabarýa4 Mis519 ' i,-men[,rýhgn IL cxýzts- wn ýigud or error and are :cmsidc.rcd n a be-ý37 u a l l y 0 r i ri i »ý, c, 1:ý icý:ý a Lý U- cy oD jý,d re a:su r) a ex p e c i c d i n L'ýý n h e e w n p r-ý n ý> of uýQrs L,',L:n ij-ý [ýe bi3sis of As 1- - in 2ccordwr" a -hith ISAs, -ýæ ex&-,iæ iýfQ[ý£sional iiidg-nent aný rrainløiri ýýfe5,sional skepýhz'sm tric-:.iudi,. 'Pie also: ard Ihe h2ýs of material rnissl;aýernerit c)f 11ýý ý,yýkiher due '.j ý.aud (, errer, :ý-Nsign and n audit pracedures mspen!si-,-e In and obLý n lh;ý- i.eý SufficF rd and agprcpd8'.ýe lcý proid, .-'k, a basi!s for our.opininri Thiý frq. cA rýir der.err eslilýing irom Iraud iý higher Ihån ýDF ene rý:skjii.irig Ir~,ir Pirýr, as. fraud raý in5,c4e interlicri-si riisrepres<--.larc-rý . r tli,,- of mntrd C"_,-ain w under,taridi?-ý9 ýf ir:,Lýrnal controi relevar,,t t 111.H audrt in Drder lo ?udii :ýrcnoduro.s mm. gre -cýake i., i cii i: jm,lances. n o t ýo, "Sr: rg an opirliQrl oýfoclvenew PrnIQcI'!; P r n ýj n e:ýs cý cu -.'n- e5,imzýes afij of pelicie5 -ist-u and týre reawnab[c am n by managerr-ý.-ri lh'g c,:.-,,clude fila, mabaýa! unu--i ex sts, 1»-_ are rL-quirýý lo rjrakv arentý:)ri i" cur audilor åý report ýD trýe %-laied dis&-, lire. n sWen-en 1-: cr. il s lich di,,-::l: -Aý i radeeq uabýý, .i rn odi f ý cu, gp inion Our en me audit eV,le-ýle up o iha d,,3:e cf ý-li r audik.ý>ýý r.!ýpørt. ihe cwer-all and IhG SPFSs, r.liri c.scbý-jLs, and whp[t.'ié- n-ýr!zial sWernýr's hr-- undedý;--,:: andevenýs in ýi rhat r!ýgýirding: ,ýmonq oli-i, maters, Ihe planned seDpe and liýnirig of ihe audit wd siýni(ir2iii 2ud,t findings, inciuýirg 4rýy signi.lýcan,ý deficý--m-les in srý,lemal cont,oi thalý,ýe iýenLiiy during Audik Organi., 'RKF ý,W ,.ALYANý> LI-17 22. Aviinsozi-ar Streel-, 1 t@001 Q, Tå!ýhk@nt, Uzbekistan June � � � ,� � � ,� � � J J � ! 3 � € . $ � f � � :� i ivв� Г .' � � � i &. _ �.-1 � � � 3 L ! F �- .... ] ISTRY OF CCONOMIC DEVELOPMENT AND PIDVERTY REDUCTION Or UMEKISTAN EKERGY EFFICIENGY FAC l XY FOR IN P4TRIAL ENTERPRISE$ PROJECT PROJECT CCORMNATION kIN11 STATEMENT OF CASH RECEIPT5 AND RAYMENT5 FOR YEAR ENDM DECE PABER 31. 2020 p ... ....... IDA CREDIT 15241-UZ) ýl 12 2020 31 ý 12. ýCil 9 OPENINIý FUWý eA Pil., jsc'A5.3k3 6 r 1 A-:' .': 31D nr ýl 7 21 LZ3 C.ýri T07AL 4 tý$ $17 D2-1 ý'-P4 SOURCE S GF FUN;Dý. Fur,drý Rr -Fiýi Ed UEE: ýlhe F,3nK ýp 431. 32 74.5 227 Llrét JSC "HarAkofbapý 4 9ýýU' 30 7rg -4E 22641 i-irri ifi,;3 Baik IPIIJ'I ? 4= W ýX 6 17 n ien,raLfnn UAR JSC DA frý..T ihe B3nk (FILV 4 2 -4. 2 1+ ýRAýl D T0TAL CIP FU ý,'ý-S'ý;!'ýCEIVED 1 750 OH 2 2 9 5091 475 114705525 8.0ý% SElý' C F FIJ W13S; Eý.pQ rý! lturE in,-urrpd J`SC "Asakff BaAý- ect Imp.liamen-- Tc ý4f M MI 7ý"j' 227j LI lim 14125 U 34p El.': 0 Cb.'å 0! ý41 25d OMý (T 949 6-,17." llurpronistro nkr` ;4125,3 IJýý'ý 2 8-25 j f41 25p mý,1 L2 982 597ý i r: 4 7 2 O i EUdillu ir, r- .-:0 -Til A"_R -ý,1 ýt&V.d i i Audii (40 ozýo 1 112 GP,ÅýEi TOTAL - CFEXPEND ITURý, INCURRED (124 ?$D 2wl 14.ý 8E,3' L .23 581 ýl 騙！ 細d &l i 柚j d 泌 」 f〕 U ;{ 」 ；亙 d ！口 !! 么必 ! j 中 !l U 遲 i i :l Mi NISTRY 0 F ECON0411C GEVEiOPMENT AND POVERTY R5GUCTION OF UZBEXI STAN ENERGY EFFIC IENCY FÅGEL" FOR INDU STRI IAL ENTERPRISES PROJ ECT PROJECT COORDIKATIGNUN IT STÅTEIVIrM OF CASH REGEM A.140 PAYMENTS FOR YEAR E PJU 5:: D OEC EMBER 31, 2029 Ary,c&Cs wes pcesPWed vi LIS Djä(s 31.12, 20.20 31. 1 21}1 IDA CRýoll 15242-uz) udgflt AcLuj . l - Gumuiiyh.ýe u 3 r F1,1PJE, RÅLANCES Ju7CIll. -lttý PlU JK 'ÄUk 0 yl 9 EfU 115: rt k lj:K Dl PCL ý44 -3 E i F-Cl l 4 4-I, 44d 4395 51T i rc<7,ý r rý PC- Ul FN1 &@zi:Iiskf FCJ Firs-l Depw%, ýkxla:Tflan of BHrz JW7'Amka BanK zå,. Plj Fbj',,34)Ecalisi ..1a1 irjar. c6 bwd Plu rlariä,,01 JSC"HankiNb2iik" Plu ýýM oc..ni:y CraiTnan cif 3mr2 PU IÄKE9U 41ý 'izpnlnsklyy-biylk, P1 r.16 Casb aco Gr.- .3re, Xýsqsý s.ta 2 Ä; -,c'ý, r..,G,5241 lU- curs w wl!r. r% 1 -5 kvre. r ь '_ .:, i : � �'� � � Э i..� � �j Li� � i � 1 !j ьл�] 1 I � I ! �i��'� �i�1 ! � i i J.вi ы j 4..i3 е � � i � di i.i а � ь.. q � � I L� � ! � MIN ISTRY OF EGGNOMIGDEVELOPMENT AND POVKRTYREDUCTION OF UZBEK ISTii ENERGY EFFICI ENCY FACILITY r-OR INDUSTRIAL ENTERPRI.S E-S PROJECT PROJECT,COORDINATION UNIT STATEMENT öFi RECEIP'TS ANDPAYMENT:5 PORYFÅR ENDED DECEMBER31.204 A m uj ý, Ks- ii ro preser.iii in i Coii'äyg 3 i 2. 2 11) 11 3 1. -11 2. 70 19 IBRU L-CIAN (HRIS.uz) 8udget CurnätivLL I å.,--juji Avu21 O.PEKING FUND BALA11i i 1 9,0 ."113 DE enall-d k=ugl Of'JlIJ H.,mk-i ,:7 .ý2 OF. rriF. l r 5 Äni Ill ed 111-1 g. PIL å i CYn:I 919E, å..-c-mrI Di Plu Jsc li ii jý" ýj:. :k li grniý .-cn.ii prPlIJ JEC'k:JAi JVCý BiD-11` 201, 'i ccur.I 0 PCI.J .17-9i,fil,9 . Peu 13 70 212 14 1111311) mo -ESJF FUNDS-. Fundt RäNIv11-1 i .'.rrp,Enqmti~ Uai JSG "i Ao,3.-u.it RSýpb figt, `ii i .0 7 T,2 r 1 11 77 -6-.,911 h j-, Ti ti iý ýic w F 421'ý WC 6 4.93 Doa -0ä7 P.-,ý-,i 11-1[9"Brnerratieln un;rjsc ý.,jnnk` ni 1! R e IJ 9 n ký 11, 1 w. I -9 -3 0 5 1ý77 F, e 7 B 2 2-iii 153 Rgmb P f) ir -1 :"51 33 ý13 w3 9-.5 a-5 10 11515.1 t9 4 5 1>3'.'i j :ý'11 -7 4CO 52 -7- iBR0 -T 9 vi 46 i 667 7 477 7ý0 $103200 i 30 -4 Y 4% .03,cmie ef rnpjErlgriiatkn u.ii-i.ii Bank" IL IL-ELI ý;-12 E ý1 k D T P C b k 11 f 1. J P`rgiii Jippfarnim 4,rlij J r! nFingank' le -SE- DE?iýquieu Aw:.:ýjii Rc-IcnishTpnl l Uri P37n12i Rgintursgrrieni b 15 =RE. 85 37 2 1 ý5 3,ý1 -1 rc Iram Ihe, ii :Pii 38= P,iv -1 1 Eýý, 9 rm pJ 9 m 9 r2 ta I fan 9.11 t ji C '4 -..11 .4 1 n o e Ba n k 2 1 S:P 4 3 5 0 r-ý:-. 1 -.9 TiPVI IERJ Fli i WC. :-::ank (FIIV 1,1. ro 2 27E A 2 J5 193 4 8111W EJ 5 11776878 2,5 4J Pfli r i i giali K::,:---jvl hrrRnr dkär, TOTAL 0,11` F 0 U NEC i i- J3`3 324 15779342 13 ý41 ý11'i 854A 424 U.93 JSC -uzpromstmybåi - R.NOLM of ýSD 4 999 1 c90i = 5 095 Gii To bo cu Ck- i (,-j i) ;� �. � � � �, � �� 'г; i.�: >> t�; i ё� кг � � � Е ' i Lв ` � [� "' ii � Э f� Е . 3 MINISTRYOFSCONCIMIC DEVELOPM'EW AND PIDVERTYREDUCTION OF V.IIBEKISTAN CNERGY EFFICIEN-,7 FACI 1.11Y FO R IN DU STRIAL SYTERPRISES PROJECT PROJECT COORDIRATION UNIT STA7---V-EN7 OF CASH RECEI PTS ANED PAYMENTS FOR YEAR ENDED DECEMBER 3`1. ZO20 Go r,, i q os i.b r, 'BRC -01,V 18025-12ý Aclu.31 A .. ci.i å l Cfl mulmivo F F U rýý Ex ýnditurcCicurrcl Prci: tabar, Up id J.SM, ".&ýjmrý e3.1 C 6ý 66ý 57 2 KT Tor31 72 00ý i f-S ý72 09 G, l 91 irloffimeera6on Llnit JSC 'Wätiiko("'jtik"- 1 q 5 ay 5ý 5 3,1 l :7 Lqntaý,'.' b' JtJSC .P r r) I ffiT M -9 42 r ý7 V -S 8,93.i -9 1 6 06 1517 ý1 UnjtjS "bl?ýq"3t1,cnaf Hank" Su:Äals 671 FEý LMir JSC InFýpSjriå-' Int 5-0 0,9 1')"! (m6 16PJ t3 1.1 1_1) 0 5 y [10 1%2 egil. ý1 02 19-i '-'-NDiTLRE INCURRED b 33ýj 7,34j, 4 9M ý25 541 OU) 9 f 6 452 SJ_; 3. 3 7 13RANCi rOTAL OF EX12F CLGSING WJND LANC ES 159 -:1 Fl i Ra -i E, i:'- ci ý'91 ro-, 52ý :M, 1- ,21 i I c, i r 7ý P l L ý J S' .-j i-i CC r; :!1 k' l VI IN 1,1 P, LS D PIL 6 cc el "die, 09.0 ';yf.Al rff MIJ JEC jgW 2'-2 C, 2'2 U 212 x, c n i e.) f P i ý'j J,7r A3is,All,,,3Rjc Bair 78 BL;n oi T 21 T 14 503 M la FOD 21ý 14 503 %2 5 FhA 01,DCI-i N. Rav.Prarj,ý,ýég I"; Firsi Duclý C .-6-rar -.-ä Bud ;3k i 1ý.i r. c.' S, Z-jkii-ii MJ M. 1,5 l al 7`:-.,ård pilj P.lkylkåger 7r.e S12!umrir or äRD Ln-acKI 8926 U2 1ý. bE r=.3J.Y- 00 P-ney 30 ro 25 !rqrE'u 21i pa4 m Lål JbTVje Jo-ci flatw 9Åiaw;2ý Э � iЛi �� � � : � � �.вii' Н ` � . { lвга r ,. � } � 1 г � �i г r � , � � � ( � r..r� Э ` � I � � � � MI NISTRY OF ECONOMIC IJEVELQPNWNTAND POVERTYREDUCTION OF IJIZ8"I5TAN ENERGY EFFICIENCY FAC1LJTY FOR INDUSTRIAL ENTERPRISE$ FIROJECT PROJECT GOORDINATIO N UNIT SrATEIVIEW OF CASH RECEIPTSAND PAYMLNTSýOR YEAR E ý4D ED E,ECEr45ýýR 3-1,2ýR 4t),wn.s are pæserýed (ri LIS Duýfars coa.rd e r k- ý1.1 Y.JVLboq PIU FIM Sped-.. DiýP L G klan.aper gmk' K p i i ý ýýl First ---h=irff w Di Flu, 0. PIU FNI JL Ti ;Iiu ... ... "rk' -IIU FY Sp--:- ag p2,ý !j rýe i2,3sýs � J � L € i: � � 1 � ; i� � � � � � L. ы � � � � � rø'l[NI STRYGIF ECONOMIC DEVELOPMENT AND POVERTY REDUCTION GF UZBEKISTAN ENERGY EFFIC IENCY FACILITY FOR IN DUSTRIAL ENTE RPRISES PROJECT PROJECT COORDINATION UNIT STAT'EMENtOF F INANCIAL POSIMDINI AS OF DECEMBER ý1, ZM IDA C REMT (5241 -UZý l zZi 9 ........ .... ASSETS TQts l C3sh and ca 1ý ciguivalerd5-. inel ur. in 9: 4981944 4 ng:S 81,6 C.,ý-3.-n-iléd ýe M-un15 4981 944 Total UFýes. oý Funds. Ineluding: tDý 723 581 cg ýW 43ý pi 257ý2, Pl- -A 688 Pi 1 42 'ýf 1ý j 2 Unit WcU) 4 19,2 7 tOtAL Aý;SETS 114 7D5 W5 114 ýý3 255 FOWN kliND,51,1`, N.C.Nc 1Wi IDA réd lt!ý 1---, Pårtici paýing Ban", Irt£Imiding-, 84 0W,ý15, 23 175;:-:.:J 2, 175 Ti ý0 709 145 2ý3 2G3 22J- P pc jecý iri ation Un it (PW.I) 413012 Pi LI isc ,.s:3k ý (ýýnk' 5 Pi U ýHørr ý6ibarik" 7 9 962 9 9 2 7 6 843 3G-5 'Fi4apec-d Ly Parl,!I:,ý,ipating 122riks. relmbursed by WA, inQludi 820 2 820 226 4 S 22c,; 1 7 - ~ Fýiu 2 7;ýý ff O::t 114 7Q '!125 4 0ý N F UN DSi'FINANC M3 P C U F V ýP2cialsi Dl RCU Fi,ýý D?pitý Ciarnai ul x j&-- 5 Z ýý9 rov ;111.1 FN Spqdiý!ý, ,Sc -I 9, -'jræv P FIA P:u Mcriag CAamýn ol' - :a-d er gi. YEkJA-civ PIU FRI Sz-edEhý', fi:ó 1" Lýl il u 91w " JQ u 1-.' %9 re.7f 3 ým il -3 f r. 13 ývi i- PLTp,ýsp :ýA s r iýas -,s Ff ra ý, 31.71 um, r i i г� � $� 3� '"'_ а_ ��..У 1 т.� I � � ' � �j {..в i . f__S � Э J Б �..1 � .. Б � : i i.J 1..f !j i...1 I j � � MIMISTRY OF EGIDNOMIC DIEVCIOPMI1WT AWID POVERTY REMTION OF UZB-E,,ISTAN EWERGY LFFICIENCY ýÅCI L1TY FO R IN DUSTRIAL E NTERPRISES P ROJECT PROJECT COORDINATIOM UN IT STATEM;`Mr OF FINANCIAL POSITH3N PSOP DECEMBER 31, 2920 118 D:-. ',im IBRD LOAN (6826-LIZ) 31.12ZO -1 31.12.2019 Tota i Cas h and cph cqwijalents, Inclurling: 14 5-R3gS2 -13 7DI) 2112 14 5,j3 9& 3 -11 2 TGtal Uses of Funds, l.nciudiin 9 70 W 452 65 941 ,20 ... . ....... i PIL -ý,3b..4 kolik' 5 972 CGG 171-, 7 698 71A PIL 550 c Eg PL S . . . ........ -;F1F 'ý06 161,9 pr- S:- 706 C 9 9 2 23 ä. -c e 2 .. ý9 2ý14 f výalion Uni( (-`CU) 2 5 4.2, u 4 3 4 69 w 092 TIDFAL AýSE i OWN FLINDYFINANCINQ ORD Logri5 i-I-I Participrafing Ba«rlks. inju-cir'19: 5 41t- 6 6 o- 53952246 1.4s= p i u i s -n b3 n K, 8 27> i P66 K E, plu 3 6 9 2 9 -2, 2 9 2 9 9k5 «crnn" is,bark' 17 0,- 1.101, 90,1 900 j,KI 20C 90:- 111c r 1, P1.-1 K51.-. A.si-9 .,11,21-29 Ew k! 9 u 14 ý55 71 36 P21cct Cciurdi nad un U n Gul 1939,1703 115 5 2:2 6 JSC 3 0 0 0 .1 SC 'HjmK 4ý9 r vbank:' 13E44997 -JJ J' BTiV j j, r pilj 2 71 7 349 ':ý#A T 85.421) 434 UT-KÖ-WN FUND:81FINANCI NG 69 64.2 042 Därwnu ol FýJ Fr-I 8-eciolffl ef MIJ N, Räk[iflljnGrý? Firsi Depc Gnaman ef Rnarý Plu g n,0 ýOcolisl 2hFrrn3r Dý Eomd PIL Plznaier a PC RI Spu-ijaiu' o 4c vevänijej í L L i L 6A Li IINISTRY OF ECONOMIC DEVELOPMENT AND POVERTY REDUCiON OF UZBEKISTAN E RGY rEFICIENCY FACILITY FOR NDUSTRIAL ENTERRRIS-S PROJECT PRO.ECT COORD1NATiON UNIT STATEMENT Or FINJCIAL POSITION AS OF DECEMIBER 31, 2020 A.'rI r.lu1( &l p!9.sC(1ii ki US LDonus __________ Sh. YakLoY P J FM 5peemiIi DEcLly Cai·ma-i aF 3zurJ PIU M le JS3'..; 12L;;ail ý33r:l ~r5r ~Mul'I ChEirrnrn D Ba l.1 RIU V ! Bua!d - ,1 I 0 ~F FIJ FM [Apl VýI II ACJ -hU r o ý, ofýe pc-3-ulC * 13 6A MI NISTRY OF ECONOMIC DEVELOPMENT AND POVERTY REDUCTJON OF UZBEK1STAN E NRGY EFFICIENCY FAGILITY FOR INDUSTRIAL ENTERPRLSES PROJECT FROJECT COORDINATION UNIT STATEMENT OF EXPENDITURE BY IMPI,EMENTING AGECIES FOR -HE YEAR ENDED DECEMBER 31. 212D A us& pren «i US DM'ars___________ Actual Eud elet | \rIia.ce BI EXPENDITURE TYPE5 2020 Cumulati CumuIlnig j Cmulative IDA Cfrdit (5241u __ _ _ __ _ _ _ __ _ ___ _ __)_ _ _ _ 1. PlU JSC -Asa BAnk" Suhe-Icans _____ 2I f 2 (41 250 D9, (12 514 ~77i Toll (2745 27 {4t2500 (12 504 773 2.UdSC Hainkorbank" SJ.!eJns ] : O 0 666 |41 25( OrO0T 3~ _6_5 -__i1 7 604 E) (41 250 000) i 645 312 3. PlÜ JSC "UWpoisroybanik"________________ T,-t i 55E593' Sub -js - I .2982 597, ,41 2 000) 1 72 59-1 Total -_(42 981 597] (41 250 00} 1732597 Grand Total Ex pendi're f Pairtici p ng B - (09 32 512) 123 750 Q 14 417 48') I4. Projec LCnerdInatlon Un[t (PCU)__________ Development d Enrgy Efficiency Capacity ~doen (64) C ~5 3M2 5 OS 368 Co-u ing erw-es ___ i '20 i] (20 6002| | (133 C602 a r uilding sphere o:.f e-ry[efny (f2a| | 240 ____ 1?2 717) Capacity bu!lding in -re Pr c t T -[220C'0D'l | 148 Ir1onei!nnt of atishcal repolingpaci.y - (1___ 3:) | 300 AudJir 4 5-} 3 2740 33 C Gerara CosI~ 14___ 7&(66 6 i (137 000) 1.0 342 To4t Expenditu r vf PCU (133 142) (391 09) [1 00 000) 60B 9) TOTAL PROJECT EXPENDITURE (66 142 |ffi 723 531) (124 75W 000) {1 5 026 4-9 Direcor :' FCU FV M ecia1 :f PCU ______________________N Rar 0o10 .hrrrrs FR .ad :31U ITiln SC -A .i :! k ' 9. Zakirov P10 E p=cals1 Chnrrr. r.Eowd Pij rigr _ JEk Frik SibFnrin DEpu-.: C-lairi of &:amd Plu Malager $. ykur;>_ PIUI i~ 5w:.i.:P:. 14 : � J � � 3• � :; L? � L � � 1 L 3 � 3 : й � � �ч � F f � � 3 � I . � � � : � : i..в 3 F � Е ' � ь. . l Mi NiýTRY OF ECONOMIC DEVELOPMýNT ANIý POVERTY REDUCTION OF UZBýEKISTAN ENERGY EFFICIENCY FACUTY FOR INDUSTRIAL ENTERPRISE$ PROJECT PROJECT C OORDINATI0 N LIN IT STAT'ýNýE-NT OF CMN DITU RE BY IMPLEMENTI Niý UNIT:5 F'OR TH E YEAR ENDE0 UECýMSER 31, 2Q20 VS Doilår:7 77 BY EXPENIDIýURE TYPES . . ........ . . (5 ý.ý2 OOC ý66 666 ",ýi Tot&l (5 97Z GQG.J ý61ý 666 W+ý ffli) ýý44 6ý7} 2. pli isc "'Hamk.Tlwi rik` '33 333 3 7 Total ý5 740 3ýý3 i 6 44ý 3, Pi U JSC Sub-loans 65?. ý4 5 550 05ý) 16612 46 ý55:, L45 55ý 059) ý6 6671 (21 1 4. FILI 4 UzNaffijnal BiaW ................ (6 6 TGt-R 666 E 0OQ 000 1 5 293 ý41), 6. PIU J$rý ".Asi? All lan cLý Bank - - -------- Sub-lDans ,'1787 -142'1 (1 fjý :':-5 01X CICIL Totial tl.7 7.343L .[16 GOQ 000) 07. li 72 Grand Total Expcrtdýurepl Påffitipat (14 9-4 172LL_qjgl 6 452 3 -4 f t-94 41 Pmi 2,ýt Cowdinaýon Un ar PCLI M C,Kl P00i TDtBi tif PCU -- Li DO 0*ý FlýOTAL PROJECT EXPENDITU RE ýl 4 974 21 (10 ý16 4ýZ,, ý2f4 333 3.ý4 (1 416 -Mýký ::iu:czr cil Pý-ýU FM N. R'jkhIn.qn:3-'-3 of 3wr-, lY :31IJ Fr,ý spec;3":5ý. C,r:nrwan ýif PD3d ý/ý?n3qK F ýj:lý FM To be ....... ... ................ `I P- 39M 36 3 � �t i ' Е 1в-+. Ё � � г..а � i �вгу } � � � � � � Г✓ � 1 � � i 1 1�W г Э � Lr � и х 1_i Е иj � �� г� � ь � �- � +,.i � 11V111WISTRY OF F-CONOMIC DEVELOPMENT AND ýGVERTY RýDUCTION OF UZBEKIST.A14 "-F-RGY "RCIENCY FACILITY FOR INIDUSTRIAL ENTERPRISES PRCI-J E.CT PROÆCT COG RO INATION UNIT STATEMENT CIF EXPENDITURC V IMPLEM E ýý71NG U MITS FORT1-lý Y ýAk ÉN DED DEC EMBER 31, 2D2-D Å'now-d-5 wc pre-w-I ed ý'i1 V2 Dcl."n ........ ... n ol P ý 1,113nEge- T 2 - 70y b 3 r,'k' Sh. Y ý k u o v Pilý. Frd ly Cýhalýlfial of PIU tdam-er Tulpiýarn F.ý'Cupulyýýharmw c4&,ýard Pý ,I UýriF.gEý- PIL- RA øq Pili Maia-zer JSC -Aýýa Aýij-nu Ea,,k" Y. PIU FMSmrJa-sý i L r, � �IЭj � €� � €° ЕI 'j � Ё ; Lrв � г -'ý: I MINISTRY OF ECDNOMiC DEVELOPME- AAD POVERTY REDUCTION OF UZBEKISTAN ENERG,Y EFFECIENCY FACILITY FOR INDUSTRIAL EgTERPR3SES PROJECT PRDJECT COO RDINATION UNIT S ST ATEMENT OF CASH BALANCES OF IMPLEMENTING UNITS FOR T7E YEAR ENDED DECEMBER 31 2020 AToun'S ;y-i presir90 L US LÄ.'M Statemerit of USID Designatud Account of PilU JSC IASAKA BANK" Awcnur No 2'32 840 7,0 010 W7 003 CepesilOry Bank. Central !ank ol' .,.:. @n Addlress: 6, Islari Kärimv w o Ta5hkcnt, 1 00M1 ReE Cr No. 5241 UZ DAL US Dollarm (USD' USD Qpening 3.lr01e äg åt 01Januagry 2020 Cash Inflow: DA Financing_ Cash DuDlow; Trar~iInnte Trnit USD Account at CBU 234 C[osi ng Balance as at 31 December 2020 Statem-ent of USD Carresponding Account of PIU JSC "ASAKA BANK" ArPuni Ntý, D301 &Cl 300 K%3 873 Å, Ceository Bank: ,emral Bw q Uzte] Mied JSC. 'Hsmkörbank7 P! U FM Specialist 2 j 細亂 騙 j 〕 必 1 j 亡 ｝瞋 U i ! 【乏 么j j 」 i! 絀 誹 蠱 讓 . MINWRY OF ECDNOMIC DEVELOPMENT AND POVMY REDUCTION OF U ' 22-Éý91STAN P-ERGYEFFICIENCY FAlý1 LITY rOR INDUSTIR' AL ENTERPRWES PROJ ECT FýOýEC7 COC RGINA-FION U NIT ýTATÉMCNT 0 FCASH BALAWý$ Ør IMPLEMENTINC UNITS IrOR TýlEY1EARENDED DECEMBER 31,2D21) Stat-em.ent Df LAD Designated Acý.Du nt of PIU JSC 'UZPRQM STROYBANK" Avuýuni; No. »2 8-IC 200 CCC- 4"'3 CCý ý2f2itorý 3erký Cemral ý.,dcirffi5- ý, kslåri-,x Sireet, Tswýýený, I Related Credit NQ. 524 1 -UZ Currenuý- U$ Døllaf r., ý1J SIJj OppnIng Baýanceý $k Dl Jaruary 2R0 Cat>h Imflow: IU, Firianc-rd C2-sh Ouffim Sub-loans Ciór>iný Balanc@ w ?t ýt Decennbef Z}2Q Sh Yakub:w 3i"an cý Board isc PIL' ;--M Nure.s ni ødgffie:ý W W 3ý; ý,nr,ri, arý vireg,,al v&T o, !(ý,e U.ý,ský ! ` � � J � ь+.1 � � � L � �( i:в � �:ei : �i а и� {.J i� � � : � и � ! � � � �, � J � � � IMI WIMY CF ECONOrd1U UtVt1OPMýýTikNDýPOVERTY RED`UCTION OF UZEIE.KISTAN ENERGY EFFICIENCY rACILlTY FOR 1-MDI- 5TRIAL ENFý9PRISES PROJEC1r PROJECT COORDIKATIO N UNIT STAr:-ý!MENT OF CASH BALANIM OF IMPLEMENTING UNIT$ 5CIR THE YEAR ENDED 21. 2020 are 1,1 US Doi;@rs :Stat,emeint of USD ID-es ig nated Accourit of PC U 202C3 640 ýC4ý 101021 005 Depw -.ory Býi)k. -ý:a r%ýýhnat A Ta3hkr--,i, 100036 Related Cnzdlý,Nýi. 5124,1_ IJIZ Ddlars [USDý lisD '71 0-pening as at 01 Janivary 2020 ý5 $17 -Cash Fmflow, I IDA (in--- i!ý:,--,ý intýrwed å-y barý'ý corrir1i5sion'ý 5 2 2 P .... . ..... C agh -0 ufflaw: Tran5ýý-ý ink-, Current Aw.ouný. el 'CA. 1031 Closinq Bialance as al 31 Decamber 2020 21 ý44 N PGU 21 т. Е i W � i� ^ г i]� п-ч, � � 3 � � . � л..� r Уp b � � 1 � � 1 р 4.2 � � � ¢.+� . 3 �( f� � � '� �i! � �..! NI INIS-RY0FECONOMICIIDLVEL0r-MENTANDPOVERTY REDUC1I0N0I' LIZBEKI STAN ENERGY EFFICIENCY FACILITY FOR INUS7RIAL ENTERPRISES MØJECT PROýEOT COORDINATION UNIT -STATEMT OF CASfi BALANCES Of WýýlVF-UTING IJNITý FOR TRE YÉ-AR ENDED DECEMIýER li, 2020 stwmeint of LIZS Current Accouilt -ol PCO Aýuunt No. KK)3 oco Klo le 1 02" JSTIB 'IpctekL- bmV.,4--Åhiat Branch Addressý Is bk i o i r e p, i. T 9 nt, I 0Ci," 3 5 L Uzbek Soums (UZ5ý E;l11 zn.ce at ý1 January,2,1 2 fiý C:iý.5.h Infiow: Tramfer -"ro.il USD Nsignated Awejm of PL'LI 66 IC"13 cash Oufflow: F!rwicim a; elipible experlditvres l39 salan. ce as at 3t Dmonibef 2QU A Aliri,ýý3ev h' @nova nf PC J FM M2b.s ur? ý;ft,ýes JG f6-, w ifl!C-griýýp 'a,ýi of hc ýpsdaý-plirww 22 f � � � � � 1j Ё � � я � � ь.ii f � � � . L..г � '�i ! ! ь_,1 ь,+ :. 3 -,. ё i �7 [ � ь..ё ` р [{..� MINISTRY OF ECONOMIG DEVELOPflENT AND F1OVERTY RE DUC 7,LýN Oý UZSEKISTAN ENERG:V'EF FICI ERCY FAC ILITY rOR INDUSTRIÅL ENTERPRISES PROJ ECT PROJEGTCOORDINATION UNIT STATEMENT OF CASH "ýÅNCýS OF IMPLENIEN,1NG UN.11-5 FOR THE YEAR END5D ýÆCEMB,ER ý31. U-ZO A1-pouriýs ýn us Stmememt -of U.SD Desigrieted Acrount o[ PIU J SCW ASAXA SAN K" kjýruni No. 21 i0,2 8ý9 'i Deposftory Bank Gentral Slank cl Islar Kwir-,icý Ta5hk-enl., 11'jGi'iCl No, w6-uz?IBR3ý US Dollar:5 (M) 0 pening blýnýe as at 01, January 20ZI 52l 09(1 Inflow. IDA C ashOvfflow- Tram.'ýr ifflo Týwsk U SD Ac~ 4 at C "W c Cl cisIng Balance as iat 31 D",ýmber 2020 Stat«n eni: of USD Ccu"spoýnding Åcrouni. o[ PILI J SC ASAKA BARK' Ac--ý-jqk No 1 9'jý 0 1 cu 4 2n 3 C 3 ,ep- Stýerz,.. 100001 Rela-=1 Cfý,di- -UZ il FRU.: Currency. us DQIIitrs (U's!ý-". OpÉmIng Ballance as;ý1 Dl January 2D20 U.SD c:ash inflow: IC-A F'-iancing ,,,onsfer irorn Accouni: zit (ý2 J 521 ýXj,5 Cas h CWIQw: (,-losing Balance as at 31 DKembef 2Ø20 521000 1ý f 6t Chpirrran cý 5104rd iSC `ý--:,aka bi3nk" Pi U Fr-A 3. is, ý0 36 fi;ýrfr an.:PlEgnW paý Re åg:?v.ý må ; i u MINISTRY OF ECONOMIC DEVELORIVENT AND POVERTY R EDUCTION OF UEEI$TAU ENERGY EF FICIENCY FACILITY FOR INDUSTRIAL ENTERPRIS ES PROJECT PROJEGT COORDINATIDN UNIT STATEMENT OF CASH BALANCES OF MPLEMENTING UNITS FOR THE YEAR ENDED DECEMBER 3t, 2020 Aauprs are p.ienin US Dc,'trs Slatement of USD Designated Accourit o PIiU JSC "HAMKORBAN K" Acoun[ No 2' D2 840 700 CCC 083 CCA Ce osiltry Bank- Con-ral 33S, ç·(UA - Iv-Ik11-S FOR THE YEP'R £NDED DKEMI3ER. 31, 2020 Amou!-;ýs ilre pæssepw in Slatefinffilt of USD Desig nalod Account or PIU JSC " INANBAJNIK A=ur.t No. 213C£ 840 1 Cý- 00 1 C-41 002 Depesbry lýank. Bank of Uzbekisku:-, t":" 1-z. ý.1-1 Sv*1ý Tmhki2.ýt, 10000 1 P.-2 rkled ILmn Nu u Z C-F"C-Cy (UsDý USD Opeýning Balance a!5 ýrt il) I Jan uary 2020 679212 Gas h Inflow: PRD I-Inancirr,, Cash Oulllow: G1a5Jn9 Baluýce asat 31 [k--ember 2029 2 F ir2ý Da--,ýy Chairrnu, P,1 Bewd JSC Ii iý 2,ý;--k' Pi u ;:m 5 a-. p -g w W tý 3 a r., ýr,,ý E -3 rd i' fi &4 v _r.ý r..p 7. 1 ýýL o s i- C:j v i Éki s 27 !" iI ь.�1 � ;� .�i i � � я i: ; f � i, �1 л.1 � � � �° ..г. ьti � J е Lл1 � � � M INISTRY OF ECOHOMIC DEVELOPMENT AND POVERTY REDUCTIO NO F UZBEKI5TÅN EN ERGY EFFICIENCY FACILITY FOR INDIUM-IÅL ENTERPRISES PROJECT PROJ ECT COORDI NATION UNIT STATE MENT OF CASH EMANCE 9 OF I MPLýtärNrl NG UNITS FO R TH, - YEAR ENDECI DECEMBER 31,2020 bA:rloun.rs air. in U-S UtNåv$ Statement of USID Design ated Account of P111 J SC "ASIA ALLIAN CE BAN Kli kxjurý Nu 21 34,ý2 840 41',0 00 1 002 Dý-L.oiicrj Bank- CenV.31 Bank cý 1,lzbek.:stbr, Addrecs- lsi-,vn Kanr-lr.-,- - ýrä-äl Tashberl, 1 000r 1 Relnied Lwn No, CurTency US Dollars (USD) Opväln 9 Bala-ncea5 at 0 1 January 2020 Gåsh InOim. Cash Outflow; Sub-,öws Ciesäg Bålarice @5 at 31 Dccýrmbcr 2020 P! U t., c -nan jý-C ",A.-4iåkfiwce BanV OGros Q9 Pz,n8 2C ta 3F cl liyj Spe.-Lg;-p.)rppss Casc usks hr,111-i. ýPMEýT.%20!s. �!. � � � � �' ,� � �� J �� � �" � � �J J �I L� : 4 ч +.д � s i ' �..ti � i�.i 1; i 4� � � Е ' Е' ! �:вt € '. +�1 г � ч�.� MINISTRY OF 212MONUIS DEVELOPMENT AND PCIVZRTY R EDUCTION OF UZIBEKIl$TÅN ENE.KaY EFFICIEMCY FAC ILITV FOR I NIDUSTRIAL ENTERPRISES PROJ ECT PROJKT COORDI MATUDN UMIT SJ.ATEVCNT OF EXPEND17URE WITHURAWAL SCHEDUILE FOR THE YEARENDIEr) DEC EM BER 31.2020 Armm.Mq ärig p!esentcd in US GG4,ws 113A Cred it 1.524i-iUZý Di:Bburs,.ment CategDry Part A Part E3 oi$Uirmed i-n FY Withårawal app: -13Uun No- Bev o[DprnEmt c4 E15 C-apacity Credit Lim 10 Partcipoti 19 Banks 2029, Pcu 2 C 12 66 17 0ý 67 52 2681-131) 52 4.13.80 Plus Subtata l J0TAL 52 2t15.810 i åkb Lvän :gag.t.iZ) 112 u Efftent Catpg,3ry, part A Part B ý4~ in FY Withdrawår,'-"lpllpitlcin N*. DirialopmentDf EE CåpäMy C recift Line to PvrIllci pating Elanks Peu plu JSC "Agio All: -mec Bank" 213 344 C-' ý.411 344 411 11 014 5,:- 29 3 800 9D9.00 Sub-tat.RI 159 143.02 2159 143.02 flilJI dEC ýHawn_r;vrtän k . . ............... M 3 >5 9 7 2.-t7 r11111 97 527 ä .02 1.4 1 37 2 50J.00 .00 Sýub-t,ot-ol 4 305 M.00 4 å15 27'UO Plu 1 Lie UgprprnåtýIäl 4 7.. 4 999 SÅ-tetal 4 919991994a 4 999 . ..... I l 464 P. 52 11464419.52 TOTAL 71 NLres cm Pnu.S 2,5 ?o 36 p2ý1 ID! fhu Gså Esuj t� � �, � 1� � 3i : З ! а..�: ° ... У..л ��� ]�` W С � r__б � � � т r � � � i `ии � ! Р.-ь � � ) У� ! �..9 € � MINIMY OF ECONOMIC DEVSLOF`4`15NT 40 POVERTY RED UCTION OF IJIZýEKISTÅN E:NERGY EFP ICIENCY FACI LffY FO R INOUTR IAL ENTERPRISES PROJECT PROJECT GOVRIDINATION ONIT NOTES TO SPECIAL-PURPOSE FINANCIAL 73ATIEMENT FOR THE YEAR ENOGO DECFMEiE R 3t, 2020 LIS DoJiJars i PR:D,1ECT AND ITE OPERATICIN The In[ Ce%lelopm--nt MSTIiqýim (hereinsäer - 'IDA') and ohe rg%pernn:ýqnj of (hrä6.in2ý1,«,r - juverr:: ';'x -nen! on 18 July 20 13 have signC Financ..--.- A4rccn--- 91. -`rediý 1%4 524 1 -UZj fcr leriding le m. aý Rapi. c; :)1 for og SS. i Million Epecial ru, ý-,creeir,Eiý.er - 'SDR") equivalent,y ý-ý U S Dollam 1 D0,0 Million ýey al re "Energly E'fciericy Pju,!y [or ýndusuial Fmjeiul iher&iruftcr - 'tnc Pmjecl'ý on the hvm5, :r -i-jns stipulated in Ihe, Finigrieing.Aairre7ent,,ýjikh P.ý repa,.. . -ient t-erintif 25 years, in[!ý.idig 5 years. cf gracc pened F-PV Präijmt elýecF,-,-e is te ýkiliatc ri-oåerni7ýwi.-,n, 1:---,chnicäý and b-rchninlziqizýal upgrzýdc 71 lhe iärä?rprisc of the -ea; områvly sechy, ýmprDyinq eVizenv? å:-.,2 c'-fextvenevs, ii ýhe ir.lrcduchr-.p. el energy -:c @quipri-ent anl Äccrý-äriq imhp Finan:-:rg AgreernPrit, Ille PFOjeCt Will 1ý-e kraflýEJ -2v- t-a acaurt c-f IDA-funded vk] gird on the xcuunl DI C0-1 by the Banks: JSC 'Asaka 6wK JSC '-ýgvik-,..ljbanV and JSC i'hereinaler - .4 Bank on 18 july 7113 have 5ý9 ýä-L-px:r-,7 BE?nkCi Tä ä!::;iate Pn:,:-<,( inkpc-,nentatcn. tt... IDA each Fadiuipälýnf rFd iho Fi.iam-,ý Agmerrient. _he r,` of Fnärpm on of ý-;- -ý.epuWic ol UzbeKIUJ - 'W,9PJ nind Padicip,ýling 12nriks m. 'ý CýcUet, 90 13, K3.ve :5igned vie F :-.-cing K)rpqrmrä on sji 5;-,,jf-j.-.ernents [cm lår- IDA bindt; f3r C"- Projecl imp`_ementaäon' Tte plar. of financiig of the Prö.,ý ý1 by Emme5 of 8*acled funds. m Jullows. LJS Bal la rs 134 ýäé31,, Nen, 124 101000 Piqý Aýat n 5,ink,2 funds (Cc. liri;3riLingl_ . .... 24 76;«i 032 Total 124 7-w 000 The, Cabinel of el Uvbekistan Pe:r.Dlut,,9r. "!ýiäsälutöri'ý untier Cea No 166 'On suppli-i-,.-_--i-arý rncýsures ýwiliw,,ing -nplementation c4 JK Efficé-ýley F,2ility for Indusin,-! h Isne of ,he 0.K dahe;' 19, Juna 2,313 idenhýiF2ý hat trc- lollom-jg au.."rilies f,2ý3pu-sihlp Ice, h impipnipii[27,är-, ýýinlly wfefredas the Implerve> ,ing UnitE) MiniWy å4 Ec3nomt and 7;DI"(gr - 'Pniýen Exeuuling Agency' - :PEA-j,'ý is for lhe coordinaton el lha Projem., ----1 irrpwmom c-. G1 lhe cNmpcnen'. c1 Er-FErgy E Vj:lioney Capazitv arri Prejoel PadiGipaling unks: JSC 'ÄseMsi B2rk', JSC, and JK a-c k-,r [argemd aid eHecliv£ý use GfIffie rc-linåriiä-_1 px-ý. ofthe IDA CredC and 1-Jý the uredit Line to PgoiripAr.g Banks", 71w Projimt Coordinatbri Uni, :--_-ciånEter - -PCW'k was establi,,-ýhild .--2-ur lhe PEA ånd the Pro.'- lrrplýýfnontalicn [Jrr. blis-ý unOEýr moh Partcipating Bänk in erde - b emmt, effectke- ProjK, (hereinafter - was tsta PursýjjqM la Me rp-quirerredsstgod in the at-o-ýegegoýjlion, tre ;ýA, ifie WY and Pad-cipoLin Barks huje Cät.Dfgled me Projeet Manual i.PCPA'j in wj-Sultålion wilh Cc IDA, -, -ýe - YA referä t-i Ihe léird,'r?q arrangemels, H!CGI .511-prämt ew. alija'.- ri aý.so FinanJal mariggiaff cit, inenitý,ofing and cýäluätoq rw fe lhe 2inänvrig Agreerrent (vå ropåyrnent of ICA Kredit Is 2 m[ -Dn [re amyint of Pigrt)ý.lpal ýgr Banks in part u, re finareed cmdii i>Acn rhe repaymen[;jl efel r, m poul & 1119 Piujecl Cofilponent 'K - -Lýevelapneric ol Eý-orrvj y Efficiency CaýAcir? and Projed rnanage-,lient' is wr7c-' ollt an lha w-vjL;rd,,,)[ puhlic budgeK. � ;.� � �� �. � V _, � „ '= �.� � 3 _. : L 1..и . г , : � !� �� Ьл L,� � 1 Э � � L Е � §..1 f � , MIKISTRY Oý ýCONOMIC DýVýLOPMEýýT Agý POVCRTV'REDIJICTIION OF UMFKISTAN ElýýýRCY Ef taxesi USD PI,5P!ýrient of EPCýgy ýfý rýiýy !'r. and Part Credit LinD For PP rtýLipati nma nks Sub-i)rojeýts --ýFO 0 _0.3 000. D00 i 4Fx)id:rQ lo the Plan. approvet by ihýj l.linut-iý5 iýf ND93t,:ýiions bøl-ýjeen -,ho Liýýk and 12i-s, dated 25 ýilar,"i 2,115 Projects 2f o. @mQurýt In US" Part A: Doelo,,,ment of Enqýrgy ýýFfi :ýffce :cpffinlýqr-6, fax". gapý maý.hine ufliw fir, ýliM - ý-:le Da ý00 the enerW effdercy capaciýw of ind indust-ý, aý5ýýiqlicns and 241: 000 --.hrouQh Ihe TrBirliri.ý L,:,ýludiýg ý-,xøorl.s arid pro Jý n 126 Týé;ýil;ng far rm iiýperrs ar, c,' 'Lýýe 0 ýýe cariacily of PEA arid ýre for PrDject 300 lioný,- 19,3 ar-,:.2 -1, ihrough th-H i.,rDvisim c."' cAds, wn:ýijiMnt's Trainin2 4. lrnp,,c;ýengiý el ýhe re;c-rlj'rlq ýdracliv area cý censurr-ýý,iin ýri 000 5, Pr C:Ewca ,2.1 wsý5 T!.-.t al Rart Å r'ý q Q TG be c- � �� ь.� � �� 4 � ы � � 1 и � � ч..� f..� .1 � � � д ; L-л В ;. . ti . ; � � ' I! ;: ь.д € . � 3 � 3 1 � / W iввl � ' � {Y1i %ги � MINISTRY OF ECONOMIC DEVELOPMENT AND POVERTY REDUCTION OF UZBEKI STAN ENERGY EFFICIENCY FACILITY FOR INDUSTRIAL ENTERPRISES PROJECT PROJECT COORDINATION UWT NCITE 5 TO SPM-L-PURPOSE FINANCIAL STÅTEMENT FOR -WE YEAR 50ED DECaMISER 31. 2020 1,3 IDA Cr04 ållocinted rrv in U SU Oart 9, credit L-m P Kor Pärffici 2:-1,1211C 33 -SM iYIG 7. -rK-Kn.i ý c "C 3n 0001 :.XV') 99 011 rrtå I Part B 000 &-ant Totål 00ý 000 According t9 the F iw-ång Ägreemerýt the irihål clTie IDA Credit C1399 Dete woos 31 Jslnu2ý-) 2,31B- ýn 2ddlti--iri, Lhe Board rif Ge-vornors of Ene V,'wC Raik u-s apprived addl,,ional Projec! by -h? C-i Ilie kr 4. ReegnKtrur,,ion and DcjieýDpment : tý--reirýýFter 1 7ý -X'; -)n 30 'änuarj 29' 5 Iv- tutal arnount zif 0SI7 MG Millionvärm 1:ýe repsy-nert r-erm of 25 years, inciljding 5 ye-ars uf pm perigd. Pý-sucint to Ihe Leän Agreement. i W'j L:-,an and vrnrre-ciol banks o,' Uzb-kisjvý pncipat-9,9 withu-, Ihe Prcýect m-mr ýiyz PrQc_-.t rnplgin.entato, !vjch ää JSC 'Ac,ý;pend"ures cf [unds shall be elct:.21e wr,er trey as paid rather than when ircurred The Friane-al Statnwnts prepa.red urer ihe casq-basis proviie readers v.ir r-:iacr-nf abouth sol,rces ::l rai rsod -1r·' he pn-rioc. the purprme foe.v".ich cash was used and tne cash balan:s a ihe repDrg d;.te. he rneasurerner;13 .D..- in theViáarcial slalt" ents is balanzes Ql[tash and changes ther*in. The PRoecfs spe.a-p.;;:é cash-basis F -.&rt:1l Slaternents are prepared on ihe basis of .ash receipts and fsburswnenls which ar 0a ccmnprehensi-a bas:s "' acunir:. Financing The Iino rg -.o Designate ccounLs is rec[gnimI wlhen frds are Irfed frcm lDA C'ec iand IBIR-3 L:2n 2;'counts tn lhe Proje": USD esgalcd ccount re.c - al JS- [:.'ipote.:a Bank' !Åehnat ?-arch in TashkeMd c ly £rd at ile Ce-Iral Bad fUzbelustan (CBU) ihe iraicin; zy te Parti^,ring Banks is recc M a tion !Lrcs are .iSburSed to the or.ers fram ihe Parliripal!ng Banks' Icon accés rh iCo-financing acc¢.jI$1 I Exl-M!uditur!I The FrcecI's experdibres are re:c'irvzed and entered in the Projecl F ran::ial Stateners l ert cr the cash baiS * Payrrents to the s;:v;:ni goods Dr se-V::S are nade frorr ile Prcees Designaied Account or direrily Ironr [DA Credit and 1uRO lhønn 2:co rds unde- Ilhe pr;.edjre ol Direct paymenIs. * Sub-Ibansl Itle borroNel are disbursed &c -n he F C., esignated ac-::uLin: held at the Partcipal.% Banks, under o Ca.J, in line v4h :ht World Bank r-urÉfnts. or d ecty lron DA Dredit and IBRO Lua aco.rls under ihH prore: .re of Df ct payrents: i ,ubloans to th berwbers are d sburs:: rï, h Pra Cc-linancinr aciwnis held al h Partdipatirig Banks .Ac::urn ·sj of 0U itrr. -e PEA is ;c:r.cted in accordin::e iitl the app!-.L:! asof the RepuU.:|c of Uzbekistan wit iho spccit inpIerrer rl the Prcject, rclidirg ;:ing cas- rrelhd FoanS Mangernent r! tIi1 ?rc¶a-d is carred ut by tye fr'ic»Ming rnain tasks: 1) An:'ss c he per-trnance ¢osis; 1 Ån-aiys's Cf cash expense$ and Fa' tírders; 31 Anaivsis of financna norýiian l' An we!ysis c' budge" exec'ion, � ti �1 I � � Е J � � � Э ! 1 � ьо.J ! t � i � t � � ,:� 1 : �i Б ; 1-.J � � � � 4.� i 3 ь__ч � ! и ъ � � � � � MIMIMY CF FCONOMr. OýVýLOPMEýT AND POVERTYRENCTION OF LIZ13EKIVALN ENERGY C MCIENC Y FACI 1-IITY FOR INIDU;ýTRIAL "TE RPR:1SESPROJECT PROJECT G~INATION VW TO SPECIAL-PURPOSE FINANCIAL STATEMENT FOR Ti-IEYEAR EN DEW DEC EMBER 31. 2020 US DIsbursennent methods i>f World Bank (@", Rei rkýbuf sement; T!ýe Bank maýý reirnbu"e tlip Icr eligbe for linanýin.ý purs:-jwi ýo the Finaric.;--,:: Agrk?e" nr (eligible experidipurýý) Iha7 ýhe bc.,rro-ýyer has its a*n wselj-ces. ýb) Advance: ihey 2m inc-urred wr.i,^.ti suppoýling be lateý, dake. ,Vi Direet PaýitieRtý rhe Rank may paý-rnenis, at ihe bcirrqwe?S r,ý?luesr,, diL-er-ý i'ý-Dr example. supplier, contractor, -ýr dýlures, Special Camm-dmerit.- The 'ýNlýtid Bank rraý paý B:-iýunts to a ihir-j' .-ý,irly før e'.ýible expendlluri?s under ihe speri21 mw.rlitm.ent:s eý)terý(1 lnýo, inv,ýýing, 3ý. the borfoýveýs rec Lfflt ud on arid coridiýFýns agrei:ýJ ýn, ýeen i Bank anJ tbe ýcrmff r. curfflncy ýrfflrý.wýåljm (l) Fýw"6&naý and curf eneieýs Trp uj-rieniny of the Prq,"-el::t is ýý ýurreney of the p-iåry eegrýDmie in,.&hich il The r , .'-' ---; l --:d---eing oý funilior.ýal currøncýy is Uzbek (1-2S'). hýý.-eýker 11,ip ri- ----r pgrteri ýýf in LSD rhrý,ii:. Ihe IDA Credit and ISRE Loan accourits or ýy Prc>ý rarn are aiýo pres,=- -.ted S Deiýaý3 ('i4U) as ihis is -Qrvenlenl ;,Dr tý-:e i s i re s7,@Kments. The a,ýelg'addi-ions and ýxpiendiýure ýý.r in transiaZej intý !JSD us;r[ý, týe pirinciples oftansaclorl 0 Tre p:ýýrrenis, dEneriiinabEýd in Uý7-S, hzivD bi-en ýrlo U SD using rAIL:ý> of ex,^h;3r9-ý Qf cornrlereial b?riký ?3n the date ol crn,ý-riýcA, 0 The finanr.--9 b,ý lia PanicipatFig 13ariK-5. sub-lDans disýu r5Fid n lý Z;S, beuri lr"- latecl inm UýC- %B ý,ýle ýnn CBU w lbe ý.ls"burseriený. Qficiai eycharige raý;t- sQt by tý& C8,,,,.aný ýs at 31 "ýý32ý3 was UZs to JSDýl ý201ý- UZS 9,ýéý7.56 to Uý01; UZS UZ,ý 6,1 Xý,,07 D 1-, ýiriep, SLaplember Cýi lha eurreney ey,ýchange ex ý19 relatirý; ti3cwvertiw ILIZ5 intc,,udý.ur curfi2w,>GG. Ai pr--ýspn[, 1[ie ljZS si- r,:-,[.q eurreric.ý cuý51de J "uivalents For týp, purp()52 implerre:-4a1wri. Ihe PrDje,.p. 'ýrriplený-,nling Uni,,s havis opaned uý ;ýr4ounts wih lp L;ýý3 and in M. liý Iine k%ilh týPE IDA and IORD anJ ýiso azwrding to [i-,-ý IDA ýredit and 'he 18R,3 Lee.- kpeýernefit. !ha pý1.,"I,pai. -ýil -eýd XGOL:ri at ',he (ýBU ý)r ihe Býaný's ýind$. in additýnri, ýhere are ra.%-ing a-velionm. heid týy ihe Banks fc- oý lefidlrig týe CA, Citd` ariJ Ihe IPPD '-ýj2n funds tudhýýr 10 Iheir borrcw-prs li Fiji I -ýlpa1-g Barik,5 h?ld ýepa-at-e U:5D DBs,,c-i.ýiLed awc--jrý ak ]hu D-"- for the [ul ids lendý,ýg purpýs-ýs- Týj:ýse wwun'5 výiýre us£ýd k"ý ihe of su'--Icans !,:)r oý Ihe ccrnpcriený "Part W Lini 1,-D 1110 8anks', In addikpr., in lire Nv,,,,h "he Criýýil and 1-wn kýreernent5 ý:,. Partic;patiriq Bý,ýks 2ic, tý)r C.ý-riiwcirý3 20ý;i and ult te Iclai ýijb-learis lrom krii.- ac(;nunt.ý of funds, 4 � � .. � 3 � ! Fьд �..� 3 L� Е � ( 3� 4:.I i � � I i Э � .. Ь. ь •Е � � 1 Я L...�1 f Я � в : д Г� � �� � t Е ! 1.+д � 1 ! � f� i__: У MINISTRY0F ECONOMIGDEVELOP~ AND POVERTYREDIJICTION OFUZBEKiSTAN ENERGYEFFICIENCYFACILITY FOR INDUSTRIALEKTERPRI3E3 PROJECT PROJECT COORDI NATION UNIT K,07ES TO SPECIAL-PURPOSE FINAKNCIAL STATEMENT FOR THE YEAR ENDED DECM8rER 31, Z2f1 A.mourirs afe US G ............ The PCU -eid USC- i'i2[,-,d a..d UZS Curren,. au.-juffis ler fiinan,ýý;g e.- pend -.ures. 6cýh a,,courits ý_ýsed rw ihe disbur-se,ient c.f fundýý- 1,ýý ',ri- WG1d 3a-ik for of Pro 'Pari: A' - & Er8j-.ýý EM,ý'enrY whicý irrludes wmsulký.r,ý's wrvicæs pmJ!ý-" r-------- and upemona ci2:;ls imp!eræ"talýc - o[ Iýrqi9c1 3 U[RECl' ISAYýAENTS Ne C,ýcd Paymerl-,, maý, ý-y Ihri F:,:i for ihe m,;,c.ling f--- bo--- i DA Ih,- IBRD LQ,9 hjr IDA AW I9RD FLINDVIDROCEEDS "il D@c-2.m.ber2020 D;reci PayrTýent5 t-D Plus P, ircct Pap-nem:ý to PCU '54.1 7,19 .14 Rnpýfmi 9-hmerits lo PC U 52 2% i 671 Réi rribumments tQ - 4 Q 48 ýý21ý -Asåýo BaW 22,ý o-Fi nancing ram 351' 169 -- - - - ----- pi 982 59l' c-ta l Funý 52 2% il 7Dý ý>25 1BR.D Loan ýB.V15-UZ.) _ý nýuto Pýks- 24 602 . . . ....... R-2p1c,n ish m-w--ý to F-lu-5: il 464420 4D j 14 DE3 ý05 2 77 3@rik" 2 15q '-ie iý t 4 5 2ý9 Répjonishmwt!i to PC.U Tr, be .ontinjæýt 3ý 5 � � � �. г � ' � • �.= i `. ? � •..д � € ; � i ! � и =..� � ;€ � -� � � .. 3 . � • 3 Lвiв s� 1� � I L..a1 ! i W 5 i � få[Y%'IISTRY Off CONOMIC DEVEL9PNIEN! ÄTý D MVERTYREDUCION 0 F U.2215EKISTAN KNERGY EFFIC IENCY F`ACI LETY FO R IN DUSTRIAL 1EX7, SkPRISES PROJECT PROJECT COORDINATION VN IT MES TO SPEC LkL-PURPOSE FINANC IAL ST,4.TEM, ENT FOR TH F- YEAR ENDE 0 09CEMBER 31. 202(1 grep pfflsc.r.ýed i? VS Dollårg Cfjrliririät.ý'.cN i ri:Dur.~ -tä t.0 be rwade to PIUs, 610065 RIJ JSC 1:: -y ii m k U' C, .1 ..... ....... .... . BanK r U i-.-n 6 Lj -m ým e rý 1,0 PC U vrý-finam,cinn from PIV5-- 3 n3 317 2 rj2 .-V ....... . ....... 85 ý72 2 Tola Funcis'Kqcccd5 577700,2 as ý'21 55ý3 5 R17CONCI1LIA110N Oý IDA AND IBRD FINANCING 7he L1.'%-jccr hc CI-ent Cdrr,,ec6cn dat-, and ý,[-c Prc;Gct data m- -,1F 31 Deceriber 2020 -5 4tMed beå'N ri scurces dient Corifhectiv 8 ati Differencc IDA Ci Prozeeds 91344 354 91344 354 IBR 1) Loan =und$ 65 416 e65 -55 416 666 5 LEGAL STATUS, JA.XES AND LEVIES 7Hc PQ] under the Minisstry o[ F' Dv.enoment -3n-... 7ýed XU-vi Proje-m -ExecL-fing åpc-ry - PFA) a-id Cc PILlc undef the Rwks are rmt Ule legg; and, 2ro not týe biisirk,ýs- tax pyers, they cni-y ir= tax ý91 fo4' rd',jidual:-ý.l.speeiiilfýtg coniravled by the PCIV ý TIýc FIW ---der4k Participafing 'Ltl.-ýrnc banýs(al Pc, P. nre nu cusis¥ prigoil bik.4eIed årnderlhu Rv,.'ecl, SUIEISEQLIIýNT ýVENTS Iheric oro no I:Pt ffqerlt