DCG/287 /347/024 27th December 2024 The Accounting Officer Ministry of Water and Environment KAMPALA REPORT OF THE AUDITOR GENERAL ON THE FINANCIAL STATEMENTS OF INTEGRATED WATER MANAGEMENT AND DEVELOPMENT PROJECT FOR THE AUDIT YEAR ENDED DECEMBER 2024 I am enclosing herewith a report which I have already sent to the Rt. Hon. Speaker of Parliament in accordance with Article 163 (4) of the Constitution of Uganda 1995 (as amended). Edward Akol AUDITOR GENERAL Copy to: The Inspector General of Government The Permanent Secretary/Secretary to the Treasury Ministry of Finance, Planning & Economic Development The Permanent Secretary, Ministry of Water & Environment The World Bank The Financial Management Specialist, IWMDP The Assistant Commissioner Accounts - MoWE The Project Coordinator, IWMDP REPORT OF THE AUDITOR GENERAL ON THE FINANCIAL STATEMENTS OF INTEGRATED WATER MANAGEMENT AND DEVELOPMENT PROJECT FOR THE AUDIT YEAR ENDED DECEMBER 2024 DECEMBER 2024 PREAMBLE This report presents the findings and recommendations of the Auditor General on the Intergrated Water Managementand Development Projet, for the Audit year ended December 2024. The report is based on a comprehensive analysis of the evidence gathered from the audits undertaken during the year and is intended to provide stakeholders with a clear understanding of the key findings and conclusions of the Auditor General. The recommendations outlined in this report aim to support the entity in achieving its goals and objectives and to promote better service delivery. This report has 2 sections: Section 1 contains the financial audit report for financial year ended 3ah June 2024, and Section 2 hi;hlights an evaluation of the project's performance 2 Table of Contents List of Tables 2 LIST OF ACRONYMS 1 SECTION1: REPORT OF THE AUDITOR GENERAL ON THE AUDIT OF THE INTEGRATED WATER MANAGEMENT AND DEVELOPMENT PROJECT FOR THE FINANCIAL THE YEAR ENDED 30TH JUNE, 2024 2 SECTION 2: REPORT ON BUDGET PERFORMANCE EVALUATION 6 2.1 Cumulative disbursement performance and implementation of project activities 6 2.1.1 Cumulative disbursement of Project funds 6 2.1.2 Cumulative achievement of project activities 7 2.2 Performance of the budget for the year 7 2.2.1 Performance of Project Receipts 7 2.2.2 Absorption of funds 8 2.3 Delivery of services from implemented activities 9 Appendices 12 Appendix I: Cumulative achievement of Project targets 12 Appendix II: Delivery of services from implemented activities 20 1 List of Tables Table 1: Showing cumulative disbursement of donor funds ..........................................................6 Table 2: Showing unspent balances held in project bank accounts.............................................8 Table 3: Showing Un-implemented activities because of Under-absorption of funds................8 Table 4: Showing service delivery from implemented activities....................................................9 2 LIST OF ACRONYMS. FSN IAcronym Meaning ,1 Bn Billion _________ 2I GoLl Government of Uqanda___ ______ 3 IDA International Development Agency 4 INTOSAI International Organization of Supreme Audit Institutions 5 IPPS Integrated Personnel and Payrollsyste 6 ISSAIs International Standards of Su reme Audit Institutions 7 IWMDP IneatedWater anagement and Develo'tent Proj 8 MDAs Ministries, Departments and Aencies 9 Mn Million 10 MoFPED Minist of Finance Plannin and Economic Deve t 11 NAA 12 OAG Office of the Auditor General 13 PAPS Project affected Persons 14 PBS Program Budgeting System 15 PFMA Public_Finance n Ma ement Act 16 PPDA Public Procurement & Disposal of Public Assets 17 PS/ST Permanent Secretary / Secretary to Treasury 18 UGX Uganda Shillings 19 us$ U nited States Dollars (USD SECTION1: REPORT OF THE AUDITOR GENERAL ON THE AUDIT OF THE INTEGRATED WATER MANAGEMENT AND DEVELOPMENT PROJECT FOR THE FINANCIAL THE YEAR ENDED 30TH JUNE 2024 THE RT. HON. SPEAKER OF PARLIAMENT Opinion I have audited the accompanying financial statements of the Integrated Water Management and Development Project, Credit Number 62760-UG and Grant Number D3380-UG implemenented by the Ministry of Water and Environment (MWE) which comprise the Statement of Financial Position as at 30th June 2024, Statement of financial performance and Statement of Cash Flows, together with other accompanying statements for the year then ended, and notes to the financial statements including a summary of significant accounting policies In my opinion, the accompanying Financial Statements of the Integrated Water Management and Development Project implemenented by MWE, for the year 30th June 2024 were prepared in all material respects, in accordance with Section 49 of the Public Finance Management Act, Cap 171, the Financial Reporting Guide, 2024 and the World Bank (IDA) financing agreement terms. Basis for Opinion I conducted my audit in accordance with the International Standards of Supreme Audit Institutions (ISSAIs). My responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of my report. I am independent of the Project Management in accordance with the Constitution of the Republic of Uganda (1995) as amended, the National Audit Act (NAA) Cap 170, the International Ethics Standards Board for Accountants (IESBA) Code of Ethics for Professional Accountants, together with the ethical requirements that are relevant to my audit of the financial statements in Uganda, and I have fulfilled my other ethical responsibilities in accordance with these requirements and the IESBA Code. I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my opinion. Key Audit Matters Key audit matters are those matters that, in my professional judgment, were of most significance in my audit of the financial statements of the current period. I have determined that there are no key audit matters to communicate in my report. Other Information Management is responsible for the other information. The other information comprises the Project Information, the Project Management report, the statement of management responsibilities and other supplementary information. The other information does not include the financial statements and my auditors' report thereon. My opinion on the financial statements does not cover the other information and I do not express an audit opinion or any form of assurance conclusion thereon. 2 In connection with my audit of the financial statements, my responsibility is to read the other information and, in doing so, consider whether the other information is materially consistent with the financial statements or my knowledge obtained in the audit, or otherwise appears to be materially misstated. If based on the work I have performed, I conclude that there is a material misstatement of this other information, I am required to report that fact. I have nothing to report in this regard. Management Responsibilities for the Financial Statements Under Article 164 of the Constitution of the Republic of Uganda, 1995 (as amended) and Section 43 of the Public Finance Management Act, Cap 171, management is accountable to Parliament for the funds and resources of the Project The Management of the Project is also responsible for the preparation of financial statements in accordance with the requirements of the Public Finance Management Act, Cap 171, and for such internal control as the Accounting Officer determines is necessary to enable the preparation of financial statements that are free from material misstatement whether due to fraud or error. In preparing the financial statements, management is responsible for assessing the Project's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting, unless management has a realistic alternative to the contrary. Management is responsible for overseeing the Project's financial reporting process. Auditor's Responsibilities for the Audit of the Financial Statements My objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error and to issue an auditor's report that includes my opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISSAIs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users, taken on the basis of these financial statements. As part of an audit in accordance with ISSAIs, I exercise professional judgement and maintain professional skepticism throughout the audit. I also; * Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for my opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. * Obtain an understanding of internal controls relevant to the audit to design audit procedures that are appropriate in the circumstances, but not for expressing an opinion on the effectiveness of the Ministry's internal control. 3 * Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. * Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Project's ability to achieve its objectives. If I conclude that a material uncertainty exists, I am required to draw attention in my auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify my opinion. My conclusions are based on the audit evidence obtained up to the date of my auditor's report. However, future events or conditions may cause the Project's to fail to achieve its objectives * Evaluate the overall presentation, structure, and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that complies with the Government of Uganda Public Financial Management laws and regulations I communicate with Project management regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal controls that I identify during my audit. I also provide Project management with a statement that I have complied with relevant ethical requirements regarding independence and communicate to Project management all relationships and other matters that may reasonably be thought to bear on my independence, and where applicable, actions taken to eliminate threats or safeguards applied. From the matters communicated to Project management, I determine those matters that were of most significance in the audit of the financial statements of the current period and are therefore the key audit matters. I describe these matters in my auditor's report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, I determine that a matter should not be communicated in my report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication. Other reporting responsibilities In accordance with Section 18 (1) of the National Audit Act, Cap 170, I report to you, based on my work described on the audit of Financial Statements, that the activities, financial transactions and information reflected in the financial statements that have come to my notice during the audit, are in all material respects, in compliance with the authorities which govern them. 4 Report on the Audit of Compliance with Legislation There were no material findings in respect of the compliance criteria for the applicable subject matters. Edward Akol AUDITOR GENERAL 23rd December 2024 5 SECTION 2: REPORT ON BUDGET PERFORMANCE EVALUATION In accordance with Paragraph 2 Schedule 5 of the Public Finance Management Act, Cap 171 on the presentation of financial statements, and Section 18 of the National Audit Act, Cap 170, I undertook an evaluation of the Project's actual performance in comparison with its planned activities and outputs for the project period. This section presents the findings from the evaluation of the performance 2.1 Cumulative disbursement performance and implementation of project activities 2.1.lCumulative disbursement of Project funds a. Donor Funding I compared the total cumulative disbursements of project funds as of 30th June 2024 against the project financing agreement and noted that the total cumulative disbursements to date were less than expected as per the project financing agreement. Table 1 refers Table 1: Showig cumulative disbursement of donor funds Details Expected total Actual Undisbursed disbursement as per disbursement as funds financing agreement of 30th June 2024 (US$) Mn (US$) Mn (US$) Mn Project year - -61 (2g/2024) 256.00 92.05 163.94 Source: OAG review of the project appraisal document, and financial statements The shortfall in disbursements implies that the project implementation and ultimately service delivery to the intended beneficiaries will delay. b. GOU counterpart funding I reviewed the Project Appraisal Document and noted that whereas the expected counterpart funding was US$8Mn, this was not broken down over the years to enable me to perform an analysis of the cumulative disbursement of counterpart funds against the budget. Without the annualization of GOU counterpart financing, assessing performance was made difficult The Accounting Officer explained that disbursements by the Donor are based on the financial need as per funds commitments as a result of signed contracts. The major contracts for which the budget forecast had been made were not signed during the year and therefore affecting donor disbursements Recommendation I advised the Accounting Officer to always ensure that contracts are timely signed so as not to delay release of funds from the donors 6 R )A MINISTRY OF WATER AND ENVIRONMENT INTEGRATED WATER MANAGEMENT AND DEVELOPMENT PROJECT (IWMDP) FUNDED BY WORLD BANK ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024 TABLE OF CONTENTS 1.0 ACRONYMS SUMMARY 2 2.0. BACK GROUND INFORMATION 3 2.1. Statement of Management's Responsibilities 6 2.3. Statement of Responsibilities of the Accounting Officer 7 2.4. Commentary on the Financial Statements by the Accounting Officer 8 2.5. Commentary on the Financial Statements by the Head of Accounts 13 3.0. FINANCIAL STATEMENTS 14 3.1 Statement of Financial Performance for the period ended 30t' June, 2024 14 3.2 Cash Flow Statement for the Period ended 30th June, 2024 15 3.3 Statement of Financial Position as at 30th June, 2024 16 3.4 Statement of Changes in Equity (Net Worth) as at 30th June, 2024 17 3.5 Budget Execution Statement for Donor Funds as at 30th June, 2024 18 3.6 Consolidated Donor and Counterpart Funds Budget Execution Statement as at 30th June, 202419 4.0. NOTES TO THE FINANCIAL STATEMENTS 20 Note 4.1: Disbursements from World Bank 20 Note 4.2: Quarterly Interim Financial Reports For The Financial Year 2023/2024 21 Note: 4.3: Water Supply and Sanitation in Small Towns- Sub Component 1.1 21 Note: 4.4 Water Supply and Sanitation in Rural Growth Centres - Sub Component 1.1b 22 Note: 4.5 Water Supply and Sanitation in Selected Districts Hosting Refugees - Sub Component 1.2 23 Note: 4.6 Directorate of Water Resources Management - Component 3 24 Note: 4.7 Project Implementation and Institutional Strengthening Component 4 25 Note 4.8 Opening Bank Balances: 25 Note 4.9: Closing Bank Balances: 25 Note 4.10 Analysis of Cumulative Planned and Actual Disbursements since Project inception to 30th June 2024. 26 Note 4.11 Analysis of Funds Absorption as against Actual Disbursements since project inception to 30th June 2024. 26 Note 4.12 Government of Uganda Contribution Performance (FY2023/24): 26 Note 4.13 Cumulative Government of Uganda Contribution Performance Since Project Inception: 27 Note 4.14 Computation of Foreign exchange gain and loss 27 Note 4.15 IWMDP Trial Balance as at 30/06/2024 29 1 1.0 Acronyms summary MWE - Ministry of Water & Environment IWMDP - Integrated Water Management and Development Project MFPED - Ministry of Finance, Planning and Economic Development NWSC - National Water & Sewerage Corporation WESWG - Water & Environment Sector Working Group DWD - Directorate of Water Development DWRM - Directorate of Water Resources Management UWSD - Urban Water and Sewerage Department IWRM - Integrated Water Resources Management WMZs - Water Management Zones CMOs - Catchment Management Organisations MOU - Memorandum of Understanding WESLD - Water & Environment Sector Liaison Department PST - Project Support Team M&E - Monitoring and Evaluation ToR - Terms of Reference CMP - Catchment Management Plan EOI - Expression of Interest SDR - Special Drawing Rights PIU - Project Implementation Unit UWA Umbrella Water Authority 2 1.0 Acronyms summary MWE - Ministry of Water & Environment IWMDP - Integrated Water Management and Development Project MFPED - Ministry of Finance, Planning and Economic Development NWSC - National Water & Sewerage Corporation WESWG - Water & Environment Sector Working Group DWD - Directorate of Water Development DWRM - Directorate of Water Resources Management UWSD - Urban Water and Sewerage Department IWRM - Integrated Water Resources Management WMZs - Water Management Zones CMOs - Catchment Management Organisations MOU - Memorandum of Understanding WESLD - Water & Environment Sector Liaison Department PST - Project Support Team M&E - Monitoring and Evaluation ToR - Terms of Reference CMP - Catchment Management Plan EOI - Expression of Interest SDR - Special Drawing Rights PIU - Project Implementation Unit UWA Umbrella Water Authority 2 2.0. Back Ground Information The Integrated Water Management & Development Project (IWMDP) is a World Bank and Government of Uganda funded project whose financing agreement (between the Government of Uganda and World Bank) was signed on 041h March 2019. The loan and grant became effective on 27' June 2019 with closing Date of02nd December 2024. According to the signed agreement, the project is 100% financed where the World Bank financing is SDR 194.8million (Credit: SDR174.6 million and Grant SDR20.2million) which, at the time of loan signing was equivalent to US$280million for both MWE and NWSC. The counterpart funding for RAPS implementation is USD5million for MWE and USD3million for NWSC. The project activities under NWSC are further co-financed by KFW to a maximum of USD25million. The project has 2 implementing agencies, i.e. the Ministry of Water & Environment (MWE) for components 1, 3 & 4; and the National Water & Sewerage Corporation (NWSC) for component 2 as indicated in the Project Appraisal Document (PAD) and Project Implementation Manual (PIM). The NWSC signed a subsidiary agreement with the Ministry of Finance, Planning & Economic Development (MFPED) on 10th May 2019 and it is a self- accounting institution. Therefore, these final accounts cover only components 1, 3 and 4 which are implemented by the Ministry of Water & Environment (MWE). The NWSC prepares separate final accounts for component 2 (which are audited separately). A. Project Development Objective The project development objectives are to improve: i) Access to water supply and sanitation services ii) Integrated water resources management. iii) Operational performance of water and sanitation service providers in project areas. The project also contributes to four high level national objectives of transforming Uganda into a modem and prosperous country, improvement for a holistic and sustainable development approach for refugee management and host communities, enhanced resilience of the poor and the vulnerable, eliminating extreme poverty and promoting shared prosperity. B. Oversight of IWMDP In line with the Sector Wide Approach (SWAP), the institutional and implementation arrangements were mainstreamed (as much as possible) within the existing MWE and NWSC structures. 3 Overall oversight of the IWMDP implementation is through semi-annual Supervision Missions by the World Bank, and by the Water and Environment Sector Working Group (WESWG) for the Ministry of Water & Environment (MWE) for components 1, 3 &4; and the NWSC Board of Directors for component 2. C. Project Implementation Arrangements for MWE: The project implementation is through 3 (three) components each with sub-components which are described below: Component 1: Water Supply and Sanitation in Small Towns and Rural Growth Centers and Support to Districts Hosting Refugees. This component aims to improve water and sanitation coverage and living conditions in selected urban and rural growth centers. It involves improving and expanding existing water supply infrastructure and sanitation/sewerage services as well as attendant catchment management/source protection activities Sub-component 1.1-Urban: Small towns Water Supply and Sanitation which is implemented by the MWE/Urban department in the selected towns of Busia, Namungalwe-Kaliro, Kyegegwa-Mpara- Ruyonza, Namasale, Butaleja-Busolwe, Budaka-Kadama-Tirinyi-Kibuku. The activities include constructing and rehabilitating WSS facilities as well as providing associated services including Engineering, environmental-social studies and supervision of the construction activities. Other activities include preparing and implementing sanitation plans in the selected small towns, strengthening the capacity of the selected UWAs in the areas of operational and financial management. Carrying out environmental and social management related activities to protect water sources and community sensitisation. Sub-component 1.1-Rural: Water Supply and Sanitation in Rural Growth Centers (RGCs) which is implemented by the MWE/Rural Water Department in the RGCs of Bitsya & Nyamugasani, and 32 RGCs benefiting from solar-powered water systems. The activities further include implementation of environment and source protection in their respective catchment areas. Sub-component 1.2- WSS for Refugees & hosting communities: This is also implemented by the MWE/Rural Water Department and includes Water Supply and Sanitation (WSS) in selected Districts Hosting Refugees in Kiryandongo, Arua, Yumbe, Moyo, Adjumani and Lamwo districts. The activities 4 consist of construction and rehabilitation of WSS facilities as well as providing associated services including feasibility studies, detailed engineering designs and construction, environment and source protection, preparing and implementing sanitation plans, strengthening capacity of UWAs in operation & maintenance, and financial management. Component 3: Water Resources Management This component supports implementation of catchment management and restoration activities in selected sub-catchments. The activities include undertaking management measures (including soil and water conservation, tree planting, river bank protection and restoration). The other activities include preparation of a water resources management strategy and plan for the Albert Nile WMZ, preparation of Catchment Management Plans (CMPs) for priority sub-catchments, undertaking ground water management study and strengthening Water resource monitoring and Information System (WIS) at national and regional WMZ levels, installation of water monitoring stations and supply of laboratory equipment for the regional Water Quality Laboratories. Component 4: Project Implementation and Institutional Strengthening This component which is implemented by MWE/Water & Environment Sector Liaison Department (WESLD) finances overall coordination, financial management, planning, reporting and capacity development of the project implementing staff of MWE and NWSC. The capacity development activities are provided through a Project Support Team (PST) consisting of individual specialists in the areas of technical support, financial management, procurement, and ensuring implementation of environment and social protection activities in accordance with GoU and World Bank policies. D. Progress of Activities: The overall status of the project activities is detailed in Appendix 1. 5 2.1. Statement of Management's Responsibilities The Management of the Integrated Water Management and Development Project (IWMDP) is responsible for the preparation of the financial statements for the project, which comprise the Statement of Financial Position, Statement of Cash Flows, Statement of Financial Position, Statement of Changes in Equity, Budget Execution Report (Donor), Budget Execution Report (Consolidated) and the notes to the statements, which include a summary of significant accounting policies and other explanatory notes set out on pages 13 - 23. The Management also responsible the Financial Statements are in accordance with the provisions of the Project Appraisal Document (PAD) and Financing Agreement signed between the World Bank/International Development Association and the Government of Uganda, and for such internal control as management determines is necessary to enable the preparation of the Financial Statements that are free from material misstatement, whether due to fraud or error. Management accepts responsibility for the Financial Statements and the notes thereto, which have been prepared using appropriate accounting policies supported by reasonable and prudent judgments and estimates, in conformity with the World Bank and GoU financial guidelines and policies. Management is of the opinion that the Financial Statements give a true and fair view of the state of financial affairs for the 12 months period ended 30 June 2024. Management further accepts responsibility for the maintenance of accounting records that may be relied upon in the preparation of the financial statements, as well as adequate systems of internal financial control. Approval of Statement of Management Representation: Bateesa Sulaimani Date Financial management Specialist Dr. Mu u ga E anu I Date Accou ing OK(& 6 2.3. Statement of Responsibilities of the Accounting Officer The financial statements set out on pages 7 to 12 have been prepared in compliance with the provisions of the Public Finance Management Act, CAP 171. and the generally accepted accounting principles for the public sector. They have also been prepared as per the provisions of the Project Appraisal Document (PAD) for Integrated Water Management and Development Project (IWMDP) and the Financing Agreement signed between World Bank/International Development Association (IDA) and the Government of Uganda. The revenue is recognized by the project when received. Expenditures are recognized by the project when paid as further detailed in the accounting policies attached to these financial statements. In accordance with the provisions of Section 45 and Schedule 5 of the Public Finance Management Act, CAP 171, I am responsible for and personally accountable to Parliament for the activities of the vote/project to which I am the accounting officer. Further, I am responsible for the regularity and proper use of the funds appropriated to the vote/project to which I am the Accounting Officer. I am also responsible for authorizing any commitments made by the vote/project and for controlling resources received, held or disposed of by or on account of the vote/project. Finally, I am responsible for putting in place effective systems of risk management and internal control in respect to all resources and transactions of the vote/project. Section 45 (3) of the Act require the Accounting Officer to enter into an annual budget performance contract with the Secretary to the Treasury which shall bind the Accounting Officer to deliver on the activities in the work plan of the vote/project for a financial year. Sections 50 and 51 of the Act require me to prepare and submit financial statements of the vote/project to the Accountant General for consolidation and to the Auditor General for audit within the specified timelines using the prescribed formats. Accordingly, I am pleased to report that I have complied with these provisions in all material respects and I am also pleased to submit the required financial statements in compliance with the Act. I have provided, and will continue to provide all the information and explanations as maybe required in connection with these financial statements. To the best of my knowledge and belief, these financial statements agree with the books of account, which have been properly kept. I accept responsibility for the integrity and objectivity of these financial statements and confirm their comp4ance with the Public Finance Management Act, CAP 171. as amended. r. gung E anu Accounting icer 23rd December, 2024 7 2.4. Commentary on the Financial Statements by the Accounting Officer General Information about the Reporting Entity Mandate The Integrated Water and Management Project (IWMDP) derives its mandate from the Financing Agreement signed between the World Bank/Intemational Development Association (IDA) and the Government of Uganda represented by Ministry of Finance, Planning and Economic Development (MOFPED), the Project Appraisal Document (PAD) and the Project Implementation Manual (PIM) on the other hand that initiate legislation, formulate policy, set standards, on how to carry out project inspections, monitoring, coordination and back up technical support in relation to the Integrated Water Management and Development Project. Principal Activity of the Project The project's development objectives are to improve: iv) Access to Water Supply and Sanitation Services v) Integrated Water Resources Management. vi) Operational Performance of Water and Sanitation Service providers in project areas. The project also contributes to four high level national objectives of transforming Uganda into a modem and prosperous country, improvement for a holistic and sustainable development approach for refugee management and host communities, enhanced resilience of the poor and the vulnerable, eliminating extreme poverty and promoting shared prosperity. List of entities under the supervision of the Accounting Officer Component 1: Water Supply and Sanitation in small towns (implemented by Urban Water Supply and Sanitation Department), Rural Growth Centers and Support to Districts Hosting Refugees (implemented by Rural Water Supply and Sanitation Department). Component 2: Water Supply and Sanitation in Large towns under National Water and Sewerage Cooperation (NWSC) although this prepares its own Financial Statements Component 3: Water Resources Management activities implemented by Directorate of Water Resources Development (DWRM) Component 4: Project Implementation and Institutional Strengthening implemented by the Water and Environment Sector Liaison Department (WESLD) Key cumulative Performance highlights: As of 30th June 2024, the following achievements had been met: 1. Urban Water Supply and Sanitation in small towns * Construction of Busia Water Supply: The Contractor achieved substantial completion on 29th February 2024 with all components tested and the system is now delivering clean water to the 8 consumers. The overall physical progress currently stands at 99.0% and is now under defects liability period, with correction of some snags still on-going. Construction of Namasale Water Supply and Sanitation & Koboko sanitation facilities: All the sanitation facilities (toilets) in Namasale (5No.) and Koboko (14NO.) have been completed and are to be handed over to the users in December 2024. The fecal sludge treatment plant in koboko is at 85% completion. The overall physical progress currently stands at 71.3% against 97.3% contract time elapsed. The Contractor was unable to complete on time due to some justifiable reasons and requested for time extension of 3 months which was granted up to 02nd Feb 2025. Construction of Kaliro-Namungalwe Water Supply and Sanitation System: includes the towns of Kaliro, Namungalwe and the en-route Rural Growth Centres (RGCs) of Bukaye, Nasuti, Nambale, Naibiri, Namunkesu and Nabitende. The overall project progress currently stands at 45% against 83% contract time elapsed. Works implementation has delayed due to cash flow constraints, which are being addressed. Rukungiri Sanitation Facilities involves construction of the following: - i. Eight (8 No.) Public and Institutional toilets broken down as follows: 4 No. Institutional toilets at Primary Schools, 1 No. Public toilet at Kebisoni Market and Ino. Public toilet at Nyamayenje Market, 1 No. Institutional toilet at Kakabanda Health Centre and 1 No. Institutional toilet facility at Nyakibale Hospital. All the toilet facilities have been completed and are to be handed over to the users in December 2024. ii. A faecal sludge treatment plant comprising of a screen and grit chamber, 4no. planted drying beds, 2no. Constructed wetlands and 2no. horizontal rock filters. The plant is now 99% complete. * Mbale Small Towns WSS (Butaleja-Busolwe; lot 1) & (Budaka-Kibuku-Kadama-Tirinyi; Lot 2): This is being implemented through 2 works contracts (lots 1 & 2). The overall project progress for lot 1 towns currently stands at 24.3% against 63.6% contract time elapsed. The overall project progress for lot 2 currently stands at 41% against 60% contract time elapsed * Feasibility study and Detailed Design for Kyegegwa-Mpara-Ruyonza WSS: The consultant submitted the final ESIA, RAP and the Tender Documents to the Ministry of Water and Environment on 31st January 2024 which marked the end of the consultancy services for detailed design. Presently, the scheme (Kyegegwa - Mpara-Ruyonza) has no funding under the project for its' implementation * Community engagement, Sanitation & hygiene Promotion in the above towns: The ministry carried out stakeholder engagement activities in all the above towns with support from consultants to engage the beneficiary communities and district stakeholders at different project implementation stages (Pre-construction, Construction and Post construction); develop Town Sanitation Plans for the beneficiary urban centers and promote appropriate sanitation and hygiene practices during the implementation of water supply and sanitation projects * Supply of 765,560m of Pipes and Fittings for Umbrellas of Water and Sanitation: All the pipes and fittings were delivered and installations made in the 5 regional Umbrella areas with a total of 25,000 new connections made. * Professionalization of Umbrella Authorities: The overall objective of this consultancy is to develop the Umbrellas of Water and Sanitation (UWS) into well-performing Utilities and build the 9 capacities of the Support to Utility Management Division and the Water Utility Regulation Department of MWE to effectively undertake the supportive and regulatory roles respectively. The consultant developed, Standard Operating Procedures and priority training areas/packages which were approved by the client (MWE) on 15th June 2023. Performance Improvement Plans and 5-year Strategic Business plans have been developed for all Umbrellas. Additionally, the consultant has also generated Standard Operating Procedures/ Manuals which include: Human Resource Manual, the Finance and Accounting Procedure Manuals, Chart of Accounts, technical and Monitoring and Evaluation Framework among others. The overall progress currently stands at 83% against 94% contract time elapsed. 2. Rural Water supply and sanitation * Construction of Nyamugasani Water Supply and Sanitation System, implemented in 2 contracts: (Lot 1 - Construction of Nyamuruseghe intake, water treatment plant, Kyarumba - Kisinga supply area; and Lot 2 - Construction of Kyarumba - Muhokya supply area). For each lot, the overall physical progress is 2.5% within 12.5% of contract time; Substantial completion for both lots is scheduled to be attained in November 2025. * Construction of Bitsya Water Supply and Sanitation System: The Works Contract for Bitsya WSS was fully signed on 15/2/2023. Site handover to the contractor was done on 7/6/2023 and the works commenced on 12/7/2023. Overall construction works physical progress is estimated at 75% against 98.9% of contract time an indication that the project is behind schedule. The main challenge affecting the progress of the works contract is the delay in the compensation of some PAPs along the pipeline routes. 14% of PAPS have so far been paid, while another 40% are expected to be paid by the end of December 2024.. * Construction of Water Supply and Sanitation Systems in 15 Rural Growth Centres (RGCs): Works implementation is on-going in Kikoora & Mwitanzige RGCs in Kakumiro District (physical progress 35% against 30% of contract time. Implementation is also on-going in Kasese & Lwentulege RGCs in Rakai District - 58% progress against 30% contract time. Works contracts for the balance of 11 RGCs were signed and implementation commenced on October 10, 2024. 3. WSS Support to Districts Hosting Refugees * Construction of Water Supply and Sanitation Systems for refugees and hosting communities in 20 RGCs in the districts of (Arua -2, Yumbe -6, Moyo - 3, Adjumani - 3, Lamwo - 3, Kiryandongo -3): Works contracts for 5 RGCs in Adjumani and Lamwo Districts have been signed, with implementation scheduled to commence Jan 01, 2025 for a period of 12months to be completed Dec 30, 2025. Bid evaluation for procurement of the works contractors for 5 RGCs in Yumbe & Moyo Districts is ongoing. Contract award and signature is expected by 30/1/2025 with works scheduled to commence February 2025 for a period of 11 months with substantial completion in December 2025. Construction of Ala - Ora Water Supply and Sanitation Systems Water Supply System: The construction work is being implemented through 4No works contracts (in 4 lots as indicated below): - Lot 1: Construction of Nyagak (Intake, water treatment plant, Anyiribu & Ndiriba) Lot 2: Construction of Nyagak (Goli, Baribu, Ogoko, and Pawor) Lot 3: Construction of Enyau (Intake, water treatment plant, Otumbari, Ndaapi & Mvepi) Lot 4: Construction of Enyau (Mvepi, Ombeci & Ariwa) 10 The four sites were handed over to the four contractors in August 2024 and commencement orders issued to all contractors with 16/9/2024 as the start date, with substantial completion expected in December 2025. * Preparation of 6 micro Catchment Management Plans: Six (6) micro-Catchment Management Plans for the Ora, Anyau, Laropi, Ayugi, Nyimur & Mutunda micro catchments were prepared. Implementation of the plans was deprioritized due to lack of funding under the project. 4. Water Resources management * Supply and Installation of hydrometric equipment for 12 monitoring stations: Four ground water stations have been fully installed, with installation work for one in Lira still on going. Two surface water stations (Aswa I and Pager) are remaining with pillar gauges and painting. The installation works for another three stations is 30% complete. Fabrication of the masts for the weather stations is on-going. * Preparation of 4 Catchment Management Plans in: Lot 1 Nyamugasani & Kafu in Albert WMZ and Lot 2: Sezibwa & Okweng in Kyoga WMZ. is in advanced stages and is planned to be completed in February 2025. * Preparation of Albert WMZ Water Resources Strategy and Action Plan was completed. * Implementation of priority WRM measures is on-going and is 90% complete in Lwakhakha, 93% complete in Aswa-II, 82% complete in Kochi, and 78% in Awoja catchments. All the work in all the catchments is planned to be complete by May 2025. Study for quantification of the available groundwater and assessment of its sustainability: Below is the summary status of this activity. Deliverable fully Completed: Inception Report, Detailed baseline assessment Report and Groundwater resources availability and demand assessment report Deliverable not fully Completed PlannedAchieved comment 1. Threats, pressures and impacts Report 100% Complete70% Complete Delayed due to extended field investigations. Draft report was submitted and submitted to consultant. Revised Report is expected by Oct. 20, 2024. 2. Impacts and Strategies Report 50% Complete Delays caused by delayed finalization of Threats, pressures and impacts Report 3. Groundwater Resources Development and Management Strategy 20% progress 4. Groundwater Resources Development and Management Policy 95% complete 20% progress * Roll out of Water & Environment Information System (WEIS): The assignment commenced in October 2021 and has been substantially completed. The maintenance period is currently ongoing and is scheduled to end on November 27, 2024. The WEIS is fully operational at MWE -Luzira, and in the ministry regional offices in Wakiso, Lira, Mbarara, Fort Portal and Mbale. In addition, a capacity building plan was prepared and is being implemented. * Procurement of Technical equipment for Regional Laboratories as: Four (4) MWE Regional laboratories located in Lira (for Upper Nile WMZ), in Mbale (for Kyoga WMZ), in Mbarara (for Victoria WMZ), and Fort Portal (for Albert WMZ) were set up as part of the de-concentration of some water resources management functions to the lowest appropriate level. New equipment was procured and installed in all 3 regional laboratories (Lira, Mbale and Mbarara) and is now in use. 11 * River Nyamwamba Emergency Catchment measures- Implementation of priority catchment management measures in Nyamwamba was completed in May 2023. The overall purpose of the project was to support communities in Nyamwamba catchment to use participatory, inclusive community actions and implement catchment-based and community-driven activities aimed at improving soil and water conservation, afforestation, reforestation, agroforestry, river bank restoration, and community livelihood improvements. * Nyamwamba Emergency works maintenance- This work targeted 3 selected priority hotspots that are most hit by floods stretching up to 5.4km as an emergency measure and involve the following activities: - i) excavation of critical river sections and filling works for the Gabions acting as retaining walls of the Bank protection for all kinds of soils according to their type including the rocky soil, and ii) supporting excavation sides and extracting water and all the implementing requirements. The Works were completed on Sept. 12, 2024 5. Project Coordination and Implementation support. * Coordination of Project Activities. Meetings were conducted and full participation in support missions held. * Quarterly and annual progress reports prepared * Project Financial Management arrangements. Project annual budgets prepared, quarterly and annual financial reports were all prepared that were timely, reliable and accurate. Dr. u unga mm uel Accounting 0 cer 23rd December, 2024 12 2.5. Commentary on the Financial Statements by the Head of Accounts Income and Expenditure of the project against budget For the period ended 30' June, 2024 the total approved budget for IWMDP under Ministry of Water and Environment was UGX 149,669,476,000. Total receipts during the financial year 2023-24 amounted to UGX 145,211,539,648.77 plus balance B/F UGX 80,469,469,904 which represents 151% of the approved budget. During the year under Audit, the project advance funds to various supplies totaling to UGX 11,768,284,650 for implementation of various contracts. These funds are recoverable as per clauses in the respective contracts. As at 30th June 2024, the total expenditure for the period was UGX 105,132,814,856.87 (70 % of the annual budget). Table I: Budget Performance as at 30th June, 2024 As at 30 June 2024 Total Total Budget (UGX) 149,669,476,000.00 40,451,209.73 Receipts plus Balance B/F (USD) 225,681,009,553.00 59,993,512 Expenditure (USD) 105,132,814,856.87 28,010,095.58 % Performance Budget Vs Expenditure 70% 70% Budget vs Receipts 151% 151% Receipts Vs Expenditure 46.6% 46.6% Movement of Expenditure and Assets Tablel II: A Comparison of Project Expenditure Over the Last Two Years Works Consultancies Goods Operating Total Project Year costs Expenditure USD USD USD USD USD 30-Jun-23 10,158,096 5,313,978 2,943,948 1,145,854 19,561,876 30-Jun-24 17,098,091 9,234,251 105,616 1,572,138 28,010,096 % Movement 168% 174% 4% 137% 143% As per the Table II above, there was an increase in expenditure for all other categories as more contracts were signed except the cost of Goods that decreased from $2,943,948 to $105,616. I take full responsibility for the completeness and integrity of these Financial Statements BateQ h7 Financial Management Specialist 23rd December, 2024 13 3.0. FINANCIAL STATEMENTS 3.1 Statement of Financial Performance for the period ended 30th June, 2024 FY2023-24 FY2023-24 FY2022-23 FY2022-23 REVENUE Note Donor Actual Donor Actual Donor Actual Donor Actual UGX USD UGX USD Receipts 4.1 145,211,539,649 38,020,106 102,086,197,501 27,125,800 TOTAL RECEIPTS 145,211,539,649 38,020,106 102,086,197,501 27,125,800 EXPENDITURES 1.1:Water Supply and Sanitation in 4.3 44,946,771,366 11,974,980 20,994,664,885 5,525,545 Small Towns 1.1 Water Supply and Sanitation in Rural 20 8 11,582,590,219 Growth Centres 4.4 26,706,678,309 7,115,348 11,582,590,219 3,069,025 1.2: Water Supply and Sanitation in Selected Districts Hosting Refugees 4.5 8,787,772,104 2,341,289 5,370,533,769 1,418,470 3: Integrated Water Resources Management, Catchment Management 4.6 22,143,156,638 5,899,508 33,600,784,905 8,863,386 and restoration in selected sub- catchments 4: Project Implementation and 2.7 2,548,436,440 678,969 2,588,845,374 685,421 Institutional strengthening Total Expenditures 105,132,814,857 28,010,096 74,137,419,151 19,561,847 Add/(loss): Forex loss 4.14 2,157,420,074) (1,467,436,518) Excess of Income over Expenditure 37,921,304,718 10,010,011 26,481,341,832 7,563,953 Bateesa Sulaimani Date Financial Management Specialist Dr. M unga nue. Date . Acco ing O r 14 3.2 Cash Flow Statement for the Period ended 30th June, 2024 Description FY2023/24 (UGX) FY2023/24 FY2022/23 FY2022/23 Note (USD) (UGX) (USD) Cash flows from Operating activities Disbursement from World Bank 4.1 145,211,539,649 38,020,106 102,086,197,501 27,125,800 Net cash inflows from operating activities 145,211,539,649 38,020,106 102,086,197,501 27,125,800 Payments for operating activities: 1.1: Water Supply and Sanitation in Small 43 44,946,771,366 11,974,980 20,994,664,885 5,525,545 Towns 1.1 Water Supply and Sanitation in Rural 4.4 26,706,678,309 7,115,348 11,582,590,219 3,069,025 Growth Centers 1.2: Water Supply and Sanitation in Selected 45 8,787,772,104 2,341,289 5,370,533,769 1,418,470 Districts Hosting Refugees 3: Integrated Water Resources Management, Catchment Management and restoration in 4.6 22,143,156,638 5,899,508 33,600,784,905 8,863,386 selected sub-catchments 4: Project Implementation and Institutional strengthening 2.7 2,548,436,440 678,969 2,588,845,374 685,421 Total cash out flow from operations 105,132,814,857 28,010,096 74,137,419,151 19,561,847 Net cashflow from operating activities 40,078,724,792 10,010,011 27,948,778,350 7,563,953 Noncash movements Exchange Gain/(Loss) 4.14 -2,157,420,074 -1,467,436,518 Purchase of property, plant and equipment - Net cash out flow from investments Cash flows from financing activities Proceeds from domestic borrowings Interest payments on borrowings Net Cash flows from financing activities Cash and cash equivalents Reconciliation of the movement in cash during the year Cash and bank as at 1st July 2023 4.8 80,469,469,904 21,973,406 53,988,128,072 14,405,670 Net(decrease)/Increase in cash (from cash flow 37,921,304,718 10,010,011 26,481,341,831 7,563,953 statement) Cash and bank CF 118,390,774,622 31,983,417 80,469,469,904 21,973,406 Bateesa Sulaimani Date Financial Management Specialist r. M g ga Em anu F. Date Accou ' g Office 15 3.3 Statement of Financial Position as at 30th June, 2024 Notes 30 June 2024 30 June 2024 30 June 30 June 2023 US$ UGX 2023 UGX US$ ASSETS Current Assets Cash and cash equivalents 4.9 31,983,417 118,390,774,622 21,973,406.00 80,469,469,903.84 Receivables Inventories Investments (Short term) Total current assets 31,983,417 118,390,774,622 21,973,406.00 80,469,469,903.84 Non-Current Assets Investments (Long term) Investment Properties Property, Plant, and Equipment Total non-current assets Total Assets 31,983,417 118,390,774,622 21,973,406.00 80,469,469,903.84 LIABILITIES Current Liabilities Borrowings (Short term) Payables Pension Liability Total Current liability Non-current Liabilities Long-term borrowings Payables Total non-current liability -Total Liabilities Net assets (liabilities) REPRESENTED BY:- Net worth/ Equity 31,983,417 118,390,774,622 21,973,406.00 80,469,469,903.84 Bateesa ani Date Fmi cial Management Specialist r. M gu ga Eman IF. Date Acconi Offi er 16 3.4 Statement of Changes in Equity (Net Worth) as at 30th June, 2024 DETAIL Note 30th June 2024 30th June 2024 UGX USD Balances Brought Forward 4.9 80,469,469,904 21,973,406 (Deficit)/Surplus for the year 37,921,304,718 10,010,011 Balance carried forward 118,390,774,622 31,983,417 Represented by: Net Worth 118,390,774,622 31,983,417 .. .. . .. . . . . . . Bateesa Sulaimani Date Financial Management Specialist Dr. u unga E a uel F. Date Acco ting Officer 17 3.5 Budget Execution Statement for Donor Funds as at 30th June, 2024 Actual REVENUE Note Budget (UGX) Expenditure %age (UGX) Balance B/F 4.9 80,469,469,903.84 Receipts 4.1 145,211,539,648.77 TOTAL RECEIPTS 225,681,009,552.61 EXPENDITURES 1.1: Water Supply and Sanitation in .3 48,983,471,800.00 44,946,771,365.55 92% Small Towns 1.1 Water Supply and Sanitation in 4 30,636,272,500.00 26,706,678,309.02 87% Rural Growth Centers 1.2: Water Supply and Sanitation in SelecWtericts Hosing Refugeeson i44.5 34,849,732,700.00 8,787,772,103.89 24% Selected Districts Hosting Refugees 3: Integrated Water Resources Management, Catchment Management 4.6 31,753,187,000.00 22,143,156,638.13 70% and restoration in selected sub- catchments 4: Project Implementation and 4.7 3,500,358,400.00 2,548,436,440.27 73% Institutional strengthening Total Expenditures 149,669,476,000.00 105,132,814,856.87 21% Add/(loss): Forex loss 4.14 (2,157,420.074) Excess of Income over Expenditure 149,669,476,000.00 118,390,774,621.67 78% Bateesa Date Financial Management Specialist u ga E an el Date Accou g Of cer 18 3.6 Consolidated Donor and Counterpart Funds Budget Execution Statement as at 30th June, 2024 Project components Budget (UGX) Actual Expenditure (UGX) %age Description Donor FCounterpart Total Donor Counterpart Total Cunterar Funds Receipts Balance B/F 80,469,469,904 15,569,336,004 96,038,805,908 100% Disbursements 145,211,539,649 145,211,539,649 100% Total Receipts 225,681,009,553 225,681,009,553 100% Expenditures Water Supply and Sanitation in Small 48,983,471,800 15,569,336,004 64,552,807,804 44,946,771,366 15,569,336,004 60,516,107,370 94% Towns Water Supply and Sanitation in Rural 30,636,272,500 30,636,272,500 26,706,678,309 26,706,678,309 87% Growth Centers Water Supply and Sanitation in Selected Districts Hosting 34,849,732,700 36,636,272,500 8,787,772,104 8,787,772,104 24% Refugees Integrated Water Resources Management, Catchment Management 31,753,187,000 31,753,187,000 22,143,156,638 22,143,156,638 70% and restoration in selected sub-catchments Project Implementation and Institutional 3,500,358,400 3,500,358,400 2,548,436,440 2,548,436,440 73% strengthening Total Expenditures 149,669,476,000 15,569,336,004 167,078,898,204 105,132,814,857 15,569,336,004 120,702,150,861 72% Bateesa Sulaimani Date Financial Management Specialist M g nga E an el F. Date Acco ing O icer 19 4.0. NOTES TO THE FINANCIAL STATEMENTS Accounting policies These are the specific principles, bases, conventions, rules and practices adopted by Integrated Water Management and Development Project in preparing and presenting the financial statements. The principal accounting policies adopted in the preparation of these financial statements are set out below. These policies have been consistently applied in all years presented, unless otherwise stated. (a) Basis of Preparation These financial statements have been prepared in accordance with the International Public Sector accounting standards, which inter alia, include the application of the cash basis of recognition of transactions. (b) Functional currency and translation of Uganda shillings: (i) Presentation currency The reporting and presentation currency is United States Dollar, which is the legally agreed reporting currency between the Goverm-nent of Uganda and the World Bank (ii) Translation of transactions in foreign currency The Uganda shillings transactions are/were translated into the foreign currency at the Bank of Uganda rate that was used when the United States Dollars (USD) were transferred from the Designated Account to the Operational Account. (c) Reporting Period The reporting period for these financial statements is the financial year of the Government, which is from 1st July 2023 to 30' June 2024. (d) Revenue Revenue relates to the funds disbursed by World Bank and is/was recognized in the period in which the Ministry of Water & Environment/Integrated Water management and Development Project received it. (e) Expenditures Expenditures incurred by the MWE for implementation of the Integrated Water management and Development project are/were recognized in the receipts and payments statement in the period they are/were spent. (f) Inventory The fixed assets are/were fully expensed in the year of purchase and a Fixed Assets Register is maintained. (g) Un spent Balances The un spent donor balances at the end of the financial year are/were rolled off to the next financial year. Note 4.1: Disbursements from World Bank 20 Loan Amount Loan Amount Grant Total Amount No. Quarter (UGX) (USD) Amount (USD) (USD) 1 10/04/2023 29,966,207,453.16 8,118,635.25 - 8,118,635.25 2 22/1/2024 19,276,389,540.99 5,103,962.28 - 5,103,962.28 -3 06.03.2024 854,137,448.03 218,451.71 218,451.71 4 21.03.2024 95,114,805,206.59 24,579,056.84 - 24,579,056.84 ___Total 145,211,539,648.77 37,801,654.37 218,451.71 38,020,106.08 The above funds were disbursed from World Bank to the Project Designated account based on a six month forecast. Note 4.2: Quarterly Interim Financial Reports for The Financial Year 2023/2024 REVENUE QI Q2 Q3 Q4 TOTAL USD USD USD USD USD Balance B/F 21,973,406 16,539,442 15,884,485 43,238,195 21,973,406 Disbursements - 8,118,635 29,901,471 - 38,020,106 Total Funds Available 21,973,406 24,658,077 45,785,956 43,238,195 59,993,512 -EXPENDITU RESI 1. 1: Water Supply and Sanitation in Small Towns 2,674,868 4,534,785 1,127,719 3,637,608 11,974,980 1.1 Water Supply and Sanitation in Rural Growth Centres 1,401,094 671,569 603,093 4,439,593 7,115,348 1.2: Water Supply and Sanitation in Selected Districts 848,031 685,561 282,125 525,572 2,341,289 Hosting Refugees 3: Integrated Water Resources Management, Catchment 401,369 2,590,018 452,495 2,455,626 5,899,508 Management and restoration in selected sub-catchments 4: Project Implementation and Institutional strengthening 108,602 291,659 82,329 196,380 678,969 Total Expenditures 5,433,964 8,773,592 2,547,760 11,254,779 28,010,096 Excess of Income over Expenditure 16,539,442 115,884,485 43,238,195 31,983,417 _31,983,417 Note: 4.3: Water Supply and Sanitation in Small Towns- Sub Component 1.1 Details 2023/24 2023/24 DtdBudget (UGX) _Budget (USD) Actual (UGX) Acul(S) % age Busia Town WSS works 10,850,885,886 2,932,671.86 10,444,483,978.00 2,72,80.13. 96% Busia Town WSS works Supervision 2,093,593,769 565,836.15 1,720,162,692.54 458,295.74 82% Namasale WSS works 5,226,768,000 1,412,640.00 -4,278,846,308.00 1,139,995.10 82% Namasale WSS Works supervision 352,080,950 95,157.01 265,976,918.00 70,863.12 76% Kaliro-Namungalwe WSS works 6,693,678,700 1,809,102.35 7,014,001,240.00 1,868,710.98 105% Kaliro-Namungalwe WSS works 217,589,033 58,807.85 229,821,101.00 61,230.27 106% Supervision Rukungiri Municipality Sanitation works 979,656,800 264,772.11 890,744,288.00 237,317.27 91% -~ Rukungiri Municipality Sanitaiion works 1,020,630,800 275,846.16 957,638,802.00 2)55,139.70 94% supervision Kyegegwa-Mpara-Ruyonza WSS design 840,539,800 227,172.92 209,877,470.70 55,916.78 25% Hygien Education and Sanitation in all 350,000,000 94,594.59 276,339,000.00 73,623.84 79% towns consultancy- Lot 2-Net worth Hownn Ensutc Lot -ani atenr Earth 300,000,000 81,081.08 246,780,000.00 65,748.56 82% Institutional strengthing of umbrella Authorities-Supply of Pipes and Fittings 3,086,696,400 834,242.27 2,348,471,186.00 625,693.34 76% 21 Institutional strengthing of umbrella 3,503,409,000 946,867.30 3,220,714,000.00 858,081.34 92% Authorities - Professionalisation Contract Management costs 1,728,822,012 467,249.19 2,245,002,929.00 598,126.73 130% Mbale cluster towns (Butaleja-Busolwe, Budaka- Kadama-Tirinyi-Kibuku) Water 11,739,120,650 3,172,735.31 10,597,911,452.31 2,823,557.17 90% Supply and Sanitation System works Lot 1 Total 48,983,471,800 13,238,776.16 44,946,771,365.55 11,974,980.06 92% 92% of the component budget was spent. Underspending was due to delayed procurement of most the planned activities Note: 4.4 Water Supply and Sanitation in Rural Growth Centres - Sub Component 1.1b Budget Actual Detail Budget (UGX) (USD) Actual (UGX) (USD) %age Construction of sanitation and Hygiene 94% facilities in Nyamugasani works 12,430,097,280 3,359,486 11,634,084,119 3,099,620 Works supervision for Bitsya 757,837,800 204,821 689,808,794 183,783 91% Community engagement and social risk 14,900,000 3,970 10% management for Bitsya 145,750,000 39,392 Construction of sanitation and Hygiene 7,698,924,338 100% facilities for solar power systems 7,689,382,990 2,078,212 2,051,192 Works supervision for Solar power systems 2,800,000,000 756,757 2,748,548,206 732,284 98% Community engagement and social risk 244,950,000 65,261 59% management for Solar power systems 413,985,300 111,888 ESIA and RAPS for 5RGcs Solar Power 276,699,362 73,720 27% Systems in Eastern Uganda-JBN 1,037,498,300 280,405 Bwera Dunguluha Design 1,210,262,600 327,098 260,015,816 69,275 21% Contract management costs for RGCs 228,042,080 61,633 81,248,200 21,647 36% Procurement costs for RGCs 697,669,510 188,559 54,718,440 14,578 8% Contract Management and Monitoring 1,322,038,420 357,308 1,250,110,574 333,062 95% ESIA and RAPS for 6RGcs Solar Power 1,589,370,460 423,449 94% Systems in Western Uganda-Bright Tech 1,698,789,300 459,132 ESIA and RAPS for 5RGcs Solar Power 163,300,000 43,507 80% Systems in Central Uganda-Air Water Earth 204,918,920 55,383 Total 1 30,636,272,500 8,280,074 26,706,678,309 7,115,348 87% 87% of the component budget was spent. Underspending was due to delayed procurement of most the planned activities 22 Note: 4.5 Water Supply and Sanitation in Selected Districts Hosting Refugees - Sub Component 1.2 Detail Budget(UGX) Budget(USD) Actual (UGX) Actual %age Kiryandongo refugee settlement Solar systems and sanitation facilities-Systems Design 107,255,600.00 28,988.00 0% Kiryandongo refugee settlement Solar systems and sanitation 0% facilities-works Supervision 388,571,040.00 105,019.20 - - Kiryandongo refugee settlement Solar systems and sanitation facilities-ESIA & RAPS 2,000,000,000.00 540,540.54 375,404,588.49 100,017.47 19% Kiryandongo refugee settlement Solar systems and sanitation faiiisCmuiyEngagement and Soeial Risk 141% failities-Community 355,200,000.00 96,000.00 500,422,000.00 133,325.34 Management Kiryandongo refugee settlement Solar systems and sanitation facilities-works 2,097,095,920.00 566,782.68 - Solar systems and sanitation facilities in refugee settlements Lot 1: Arua & Moyo-Systems Design 1,470,605,700.00 397,461.00 1,033,707,970.77 7,06.49 70% Solar systems and sanitation facilities in refugee settlements Lot 1: Arua & Moyo-Works supervision 147,060,570.00 39,746.10 14,850,000.00 3,956.42 10% Solar systems and sanitation facilities in refugee settlements Lot 1: Arua & Moyo-ESIA & RAPS 1,987,030,500.00 537,035.27 1,355,665,000.00 361,184.15 68% Solar systems and sanitation facilities in refugee settlements Lot i: Aru &Moyo-Community Engagement and Social 834,157,600.00 225,448.00 521,348,770.00 138,900.77 63% Solar systems and sanitation facilities in refugee settlements 0 Lot 1: Arua & Moyo-Works 1,850,000,000.00 500,000.00 - - 0% Solar systems and sanitation facilities in refugee settlements Lot 2: Yumbe-Systems Design 1,398,455,700.00 377,961.00 839,073,000.00 223,550.71 60% Solar systems and sanitation facilities in refugee settlements Lot 2: Yumbe-Works supervision 601,171,590.00 162,478.81 419,536,500.00 111,775.35 70% Solar systems and sanitation facilities in refugee settlements Lot 2: Yumbe-ESIA & RAPS 1,311,650,000 354,500.00 922,328,609.85 245,732.15 70% Solar systems and sanitation facilities in refugee settlements Lot 2: Yumbe-Community Engagement and Social Risk 76% Management 598,279,640 161,697.20 456,185,049.00 121,539.47 Solar systems and sanitation facilities in refugee settlements Lot 2: Yumbe-Works 2,220,000,000 600,000.00 - 0% Solar systems and sanitation facilities in refugee settlements Lot 3: Adjumani & Lamwo - Systems Design 150,712,100 40,733.00 133,605,747.78 35,596.02 89% Solar systems and sanitation facilities in refugee settlements Lot 3: Adiumani & Lamwo - Works supervision 798,978,000 215,940.00 - 0% Solar systems and sanitation facilities in refugee settlements Lot 3: Adjumani & Lamwo - ESIA & RAPS 1,428,200,000 386,000.00 1,072,012,500.00 285,611.80 Solar systems and sanitation facilities in refugee settlements Lot 3: Adjumani & Lamwo - Community Engagement and 72% Social Risk Management 705,987,860 190,807.53 509,612,500.00 135,773.92 Solar systems and sanitation facilities in refugee settlements Lot 3: Adjumani & Lamwo - Works 2,220,000,000 600,000.00 - 0% Large Gravity Scheme for Ala-Ora WSS -Design 364,890,400 98,619.03 - - 0% Large Gravity Scheme for Ala-Ora WSS -Works Supervision 555,000,000 150,000.00 - 0% Large Gravity Scheme for Ala-Ora WSS -ESIA & RAPS 1,480,000,000 400,000.00 - - 0% Large Gravity Scheme for Ala-Ora WSS -Community Engagement and Social Risk management 409,218,800 110,599.68 - 0% Large Gravity Scheme for Ala-Ora WSS -works: Lot 1 3,499,636,780 945,847.78 - - 0% Large Gravity Scheme for Ala-Ora WSS -works: Lot 2 3,846,057,740 39,475.06 - - 0% Micro - Catchment Management and restoration 561,574,900 151,777.00 30,142,373.00 8,030.71 5% Data quality management and monitoring 1,166,942,260 315,389.80 603,877,495.00 160,888.55 52% Contract Management and Monitoring 296,000,000 80,000.00 - - 0% Total 34,849,732,700 9,418,846.68 8,787,772,103.89 2,341,289.32 25% 25% of the component budget was spent. Underspending was due delayed procurement of most planned activities 23 Note: 4.6 Directorate of Water Resources Management - Component 3 Details Budget (UGX) Budget Actual (UGX) Actual %age (USD) (USD) Lwakhakha Catchment priority 304,291.59 30% management Measures 3,805,773,750 1,028,587.50 1,142,125,042.00 Kochi Catchment priority management Measures 1,200,000,000 324,324.32 940,379,600.00 250,541.40 78% Kochi Catchment priority management Measures Supervision 3,822,683,000 1,033,157.57 112,775,863.00 30,046.40 3% Aswa Catchment priority management Measures 3,059,226,400 826,817.95 2,876,474,048.00 766,366.93 94% Aswa Catchment priority management 82,405.50 62% Measures supervision 500,000,000 135,135.14 309,300,000.00 Middle Awoja Catchment priority management Measures supervision 1,012,246,938 273,580.25 142,989,607.00 38,096.12 14% Prepare 4 catchment management plans 1,194,133,262 322,738.72 897,919,291.75 239,228.88 75% Supply and Installation of Water Information system phase 2 4,087,731,000 1,104,792.16 3,694,056,152.45 984,191.91 90% WIS Installation supervision 658,746,250 178,039.53 639,251,492.00 170,313.10 97% Assessing and managing use of Ground Water 1,748,153,750 472,473.99 1,404,790,848.68 Preparation of Albert Nile WMZ water resources strategy 2,572,747,250 695,337.09 2,354,254,887.03 627,234.27 92% Implementation of Priority Catchment Management Measures in Midstream 1,350,000,000 364,864.86 1,293,369,526.00 344,587.03 96% Nyamwamba Implementation of Priority Catchment Management Measures in downstream - - 0% N amamba150,000,000 40,540.54 Nyamwamba Undertaking emergency maintenance works of R.Nyamwamba for flood mitigation against damage of critical 973,827.14 96% infrastructure and loss of livelihoods in 3,792,443,200 1,024,984.65 3,655,153,131.00 Kasese district. Support to implementation of WR component 722,301,000 195,216.49 693,802,517.00 184,846.90 96% Procurement costs 100,000,000 27,027.03 67,385,975.00 17,953.36 67% Establishment of 17 water monitoring stations LotI/hydrometric 1,977,001,200 534,324.65 1,919,128,657.23 511,305.41 97% Total 31,753,187,000 8,581,942 22,143,156,638 5,899,508 70% 70% of the component budget was spent. Underspending was due delayed procurement of most planned activities 24 Note: 4.7 Project Implementation and Institutional Strengthening Component 4 PST monitoring 289,546,400 78,255.78 256,878,500 68,439 89% Vehicles Service and maintenance 50,000,000 13,513.51 35,394,947 9,430 71% Institutional capacity building 200,000,000 54,054.05 69,975,474 18,643 35% Safeguards monitoring costs 82,000,000 22,162.16 198,499,700 52,885 242% PST Procurement costs - - - 0% IT Equipment's 36,000,000 9,729.73 - - 0% PST communication 39,000,000 10,540.54 3,600,000 959 9% PST stationery 45,812,000 12,381.62 30,439,000 8,110 66% Bank charges 1,480,000 400.00 3,664,379 976 248% Project review and evaluation 307,076,700 82,993.70 133,635,630 35,604 44% Environmental and social audits 244,000,000 65,945.95 - 0% Project support Individual consultants pay 1,200,000,000 324,324.32 PST Vehicle running 84,000,000 22,702.70 95,400,000 25,417 114% PST Equipment maintenance - 6,626,000 1,765 0% PST Office maintenance 9,087,200 2,456.00 48,163,441 12,832 530% Purchase Vehicles 846,466,500 228,774.73 396,418,445 105,616 47% Project meetings costs 12,343,200 3,336.00 41,132,924 10,959 333% Total 53,546,400 14,472.00 - - 0% 3,500,358,400 946,043 2,548,436,440 678,969 73% 73% of the component budget was spent. Underspending was due to delayed procurement of most of the planned activities. Note 4.8 Opening Bank Balances: 01-Jul-23 01-Jul-23 01-Jul-22 (USD) (UGX) (USD) Designated Account Balance 3662.1 21,967,284.90 80,447,053,050.84 (Reconciled) 14,023,043.55 IWMDP Operational Account Balance 3662.1 6,121.26 22,416,853.00 (Reconciled) 382,626.08 Total opening Balance 21,973,406.16 80,469,469,903.84 14,405,669.63 Note 4.9: Closing Bank Balances: DETAILS Rate 30th June 2024 30" June 30th June 2023 30th June DEAL ae2024 30hJn 03 2023 (UGX) (USD) (UGX) (USD) Designated Account Balance Acct. No. (Reconciled) 3,701.63 101,500,787,316.52 27,420,565.35 80,447,053,050.84 21,967,284.90 Operational Account Balance (Reconciled) 3,701.63 16,889,987,305.36 4,562,851.31 22,416,853.00 6,121.26 Total Closing Balances 118,390,774,621.88 31,983,417 80,469,469,903.84 21,973,406.16 25 Note 4.10 Analysis of Cumulative Planned and Actual Disbursements since Project inception to 30th June 2024. Cumulative PAD Disbursements Cumulative Actual projections (USD) Disbursements (USD) 1.1 Urban 47,954,363 29,142,106 61 1.1 Rural 48,484,548 11,079,492 23 1.2 Refugees 44,010,000 16,302,805 37 3 DWRM 22,500,000 30,718,296 137 4 Coordination 4,348,196 4,809,483 111 Total 167,297,107 92,052,181 55 55% of the cumulative PAD projections has been disbursed. This performance has been due to delayed signing of the large contracts. Note 4.11 Analysis of Funds Absorption as against Actual Disbursements since project inception to 30th June 2024. Component Cumulative Actual Cumulative Actual %age Disbursements (USD) Absorption (USD) 1.1 Urban 29,142,106 21,982,554 75 1.1 Rural 11,079,492 9,320,882 84 1.2 16,302,805 6,021,381 37 3 30,718,296 20,108,914 65 4 4,809,483 3,059,726 64 Total 92,052,181 60,493,457 66 66% of the disbursed funds were absorbed. This was due to delayed signing of the large contracts. Note 4.12 Government of Uganda Contribution Performance (FY2023/24): Approved Funds Funds Spent Expenditure Component Description Annual Budget Released FUnds Se Eendiur (UGX) UGX (UGX) Vs Release 1.1 Small Towns Water Supply and 15569336,004 15,569,336,004 100 Sanitation (UWSD) 15,569,336,004 1,9304 55,3040 1.1 Rural Growth Centres Water Supply and Sanitation (RWSD) - 1.2 Support to Districts hosting Refugees 3 Directorate of Water Resources Management (DWRM) 4 Institutional Strengthening (WESLD) Total15,569,336,0 15,569,336,004 15,569,336,004 100 100% of the annual budget was released by MOFPED while 100% of the released funds were actually spent. 26 Note 4.13 Cumulative Government of Uganda Contribution Performance Since Project Inception: Current Cumulative Counter Part Funds ent Expenditure to %age of Component Description PAD Allocation ExpenditurteExp Year end PAD Year end June DaeYren PA (Full Project) (USD) 2024 (USD) June 2024 Allocation (USD) 1.1 Small Towns Water Supply and 2,000,000 4,207,928.65 5,184,441.94 259 Sanitation (UWSD) 20,0 ,09. 514 145 11 Rural Growth Centres Water 1,000,000 - 479,139.28 48 Supply 1.2 Support to Districts hosting 1,000,000 479,139.27 48 Refugees 3 Directorate of Water Resources 500,000 1,018,977.97 204 Management (DWRM) 4 Institutional Strengthening 500,000 2,965,395.79 593 4_____(WESLD) 500,000 2,95,957959 Total 5,000,000 4,207,928.65 10,127,094.25 203 Note 4.14 Computation of Foreign exchange gain and loss Date Ref. Payment Details USD Spot UGX Rate Revenue Opening Balance 01/07/2023 ICRP - DA Account 21,967,284.90 3,662.13 80,447,053,050.84 ICRP ACCOUNT Revenue 10/04/2023 991FICT232770005 Received from IDA 8,118,635.25 3,691.04 29,966,207,453.16 22/1/2024 991FICT240220008 Received from IDA 5,103,962.28 3,776.75 19,276,389,540.99 06.03.2024 991FICT240660010 Received from IDA 218,451.71 3,909.96 854,137,448.03 21.03.2024 991FICT240660010001 Received from IDA 24,579,056.84 3,869.75 95,114,805,206.59 38,020,106.08 145,211,539,648.77 Total 59,987,390.98 225,658,592,699.61 Expenditure 28/08/2023 991IFIN232400059 Transfer from USD to UGX 8,962,909 3,676.04 32,948,012,000.36 01/09/2023 991USUB232440002 interface consulting limited 49,984.50 3,713.83 185,633,935.64 01/09/2023 991USUB232440003 interface consulting limited 33,784.10 3,713.83 125,468,404.10 01/09/2023 991USUB232440004 interface consulting limited 135,136.74 3,713.83 501,874,879.11 01/09/2023 991USUB232440005 interface consulting limited 30,566.00 3,713.83 113,516,927.78 01/09/2023 991USUB232440006 interface consulting limited 67,568.37 3,713.83 250,937,439.56 10/04/2023 9911FINT232770015 Bank charges 2.68 3,737.00 10,015.16 10/04/2023 991IFINT232770015 Bank charges 20.00 3,737.00 74,740.00 10/10/2023 991USUB232830002 SABA ENGINEERING 47,530.30 3,743.67 177,937,758.20 10/10/2023 991FITC232830001 Bank charges 35.00 3,743.67 131,028.45 10/10/2023 991FITC232830001 earth link and advance resources 318,873.59 3,743.67 1,193,757,492.68 10/10/2023 991PCRU232830001 bounce back Saba engineering -47,530.30 3,743.67 -177,937,758.20 16/10/2023 991PCRU232830001 SABA ENGINEERING 47,530.30 3,749.29 178,204,878.49 11/06/2023 991USUB233100001 WSS SERVICES (U) LTD 257,636.02 3,777.25 973,155,656.55 11/06/2023 991FITC233100010 ZUTARI AFRICA 73,557.30 3,777.25 277,844,311.43 11/06/2023 991FITC233100010 Bank charges 35.00 3,777.25 132,203.75 11/06/2023 991FITC233100011 Bank charges 35.00 3,777.25 132,203.75 11/06/2023 991FITC233100011 ZUTARI AFRICA 128,725.70 3,777.25 486,229,150.33 11/06/2023 991FITC233100012 Bank charges 35.00 3,777.25 132,203.75 27 11/06/2023 991FITC233100012 ZUTARI AFRICA 206,037.30 3,777.25 778,254,391.43 11/06/2023 991FINT233100004 Bank charges 0.53 3,777.25 2,001.94 11/06/2023 991FINT233100017 Bank charges 0.53 3,777.25 2,001.94 11/06/2023 991FINT233100017 Bank charges 0.53 3,777.25 2,001.94 11/08/2023 991USUB233120001 CHINA RAILWAY NO 10 802,752.99 3,755.79 3,014,971,652.31 12/01/2023 991FINC233350113 Transfer from USD to UGX 8,962,909.00 3,799.33 34,053,049,051.00 12/05/2023 991FINC233390041 Bank charges 0.53 3,791.50 2,009.50 12/05/2023 991FINC233390042 Bank charges 0.53 3,791.50 2,009.50 22/12/2023 991USUB233560004 interface consulting limited 99,969.00 3,755.21 375,404,588.49 22/12/2023 991USUB233560008 MFI document solution ltd 318,937.40 3,755.21 1,197,676,913.85 27/12/2023 991USUB233560004 Bank charges 35.00 3,756.33 131,471.55 27/12/2023 991USUB233560004 WAGTECH PROJECTS LTD 121,933.19 3,756.33 458,021,299.59 27/12/2023 991USUB233560005 Bank charges 35.00 3,756.33 131,471.55 27/12/2023 991USUB233560005 WAGTECH PROJECTS LTD 249,612.16 3,756.33 937,625,644.97 01/02/2024 991FINT240020021 Bank charges 0.53 3,776.75 2,001.68 01/22/2024 991FICT240220008 Bank charges 20.00 3,800.25 76,005.00 02/09/2024 991USUB240400001 VAMBECO ENTERPRISES 87,770.08 3,832.79 336,404,284.92 02/06/2024 991FINT240430011 Bank charges 0.52 3,846.21 2,000.03 03.06.2024 991FICT240660010 Bank charges 20.00 3,909.96 78,199.20 03.21.2024 991FICT240660010001 Bank charges 20.00 3,869.75 77,395.00 04.09.2024 991USUB241000001 interface consulting limited 99,969.00 3,805.42 380,424,031.98 04.15.2024 991USUB241060001 WSS SERVICES (U) LTD 378,765.00 3,800.04 1,439,322,150.60 05/08/2024 991USUB241290004 MFI document solution ltd 637,874.80 3,774.50 2,407,658,432.60 05/09/2024 991FINC241300020 Bank charges 0.53 3,779.54 2,003.16 05/09/2024 991FINC241300021 Bank charges 0.53 3,779.54 2,003.16 05.30.2024 991FINC241510035 Bank charges 0.53 3,806.75 2,017.58 06/05/2024 991USUB241570001 ZHONGMEI ENGINEERING 1,110,770.00 3,804.96 4,226,435,419.20 06/05/2024 991USUB241570004 VAMBECO ENTERPRISES 148,192.41 3,804.96 563,866,192.35 06/10/2024 991FITC241620003 Bank charges 35.00 3,783.63 132,427.05 06/10/2024 991FITC241620003 STUDI INTERNATIONAL 66,589.09 3,783.63 251,948,478.60 06/10/2024 991FITC241620004 Bank charges 35.00 3,783.63 132,427.05 06/10/2024 991FITC241620004 STUDI INTERNATIONAL 88,462.87 3,783.63 334,710,768.82 06/12/2024 991FIN991640134 Transfer from USD to UGX 8,902,632.00 3,746.13 33,350,416,814.00 06.12.2024 991FITC241650006 Bank charges 1.07 3,744.33 4,006.43 06.20.2024 991USUB241720002 interface consulting limited 49,984.50 3,736.63 186,773,582.24 06.25.2024 991FITC241770011 Bank charges 35.00 3,711.04 129,886.40 06.25.2024 991FITC241770011 STUDI INTERNATIONAL 64,351.37 3,711.04 238,810,508.12 06.25.2024 991FITC241770014 Bank charges 35.00 3,711.04 129,886.40 06.25.2024 991FITC241770014 WAGTECH PROJECTS LTD 21,517.62 3,711.04 79,852,748.52 06.25.2024 991FITC241770020 Bank charges 35.00 3,711.04 129,886.40 06.25.2024 991FITC241770020 WAGTECH PROJECTS LTD 41,049.65 3,711.04 152,336,893.14 06.25.2024 991FINC2414770014 Bank charges 0.54 3,711.04 2,003.96 Subtotal (b) 32,566,825.63 122,000,386,434.01 28/6/2024 Subtotal (a-b) 27,420,565.35 103,658,206,265.59 Net Forex Gain/(Loss) (2,157,420,074) Closing Balance 28/6/2024 27,420,565.35 3,701.63 101,500,787,316.52 28 Note 4.15 IWMDP Trial Balance as at 30/06/2024 Debit Credit Us$ US$ Balance B/F Income - 21,973,406 World Bank Credit - 37,801,654 World Bank Grant - 218,452 1.1 Support to Small towns 11,974,980 1.1 Support to Rural Growth Centres 7,115,348 1.2 Support to Districts hosting Refugees 2,341,289 3 Support to Water Resources Management 5,899,508 4 Support to Project Implementation and Institutional 678,969 Strengthening Total 28,010,094 59,993,512 Balance Designated Account 27,420,567 Operational Account Balance translated 4,562,851 Total Closing Balances 31,983,418 Total 59,993,512 59,993,512 29 DESIGNATED ACCOUNT ACTIVITY STATEMENT FOR THE PERIOD ENDING 30 JUNE 2024 PART I Credit($) Grant($) Total ($) 1. Cumulative advances to the end of the current reporting period 87,661,353.94 4,390,826.71 92,052,180.65 2. Cumulative expenditures to the end of the last reporting period 47,081,971.65 1,744,973.90 48,826,945.55 3. Outstanding Advance to be accounted (line 1 minus line2) 40,579,382.29 2,645,852.81 43,225,235.10 PART II 4. Opening DA balance at the beginning of the reporting period (01.01.2024) 36,385,049.05 2,645,852.81 39,030,901.86 5. Add/subtract: Cumulative adjustments (if any) 4,194,333.24 4,194,333.24 6. Advances from the World Bank during the reporting period - - 7. Add lines 5 and 6 4,194,333.24 - 4,194,333.24 8. Outstanding advances to be accounted for (add line 4 and line 7) 40,579,382.29 2,645,852.81 43,225,235.10 9. Closing DA balance at the end of the current reporting period ( 30.06.2024) 24,990,196.95 2,430,368.40 27,420,565.35 10. Add/subtract: Cumulative adjustments (if any) 4,562,851.65 4,562,851.65 11. Expenditures for the current reporting period 11,026,333.69 215,484.41 11,241,818.10 12. Add lines 10 and 11 15,589,185.34 215,484.41 15,804,669.75 13. Add lines 9 and 12 40,579,382.29 2,645,852.81 43,225,235.10 14. Difference (if any) (line 8 minus line 13) (0.00) -(0.00) PART III 15. Total forecasted amount to be paid by the World Bank 37,372,360.87 6,274,733.79 43,647,094.67 16. Less: Closing DA balance after adjustments 29,553,048.60 2,430,368.40 31,983,417.00 17. Direct payments/SC payments 18. Add lines 16 and 17 29,553,048.60 2,430,368.40 31,983,417.00 19. Cash requirement from World Bank for next two reporting I I period (lines 15 minus line 18) 7,819,312.28 3,844,365.39 11,663,677.67 30