ra or riANCE
REPUBLIC OF GHANA
GHANA FINANCIAL SECTOR DEVELOPMENT PROJECT
AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
#PEER f Professional / Ethical / Efficient / Responsive / Transforming Ghana Beyond Aid
TABLE OF CONTENTS
CONTENTS PAGE REFERENCE
PROJ ECT BACK( ROUND INFORMATION 1-3
GENERAL INFORMATION 4-4
INDEPENDENT AUDITOR'S REPO\T 5-7
STATEMENT OF FINANCIAL POSITION 8-8
S)OURCES AND USES OF FUNDS 9-9
NOTES TO THE FINANCIAL STAEMENTS 10-18
GHANA FINANCIAL SECTOR DEVELOPMENT PROJECT (GFSDP)
Project Background Information
Ghana Financial Sector Development Project referenced Credit Number CR.
631 0-GH is funded through Credit by the International Development Association
(IDA) at an estimated cost of US$30 Million. The Project was approved on
September 20, 2018, and became effective on March 12, 2019. The Borrower is
the Ministry of Finance on behalf of the Government of Ghana.
The primary beneficiaries of the project are individuals residing in Ghana, both
current users and non-users of formal financial services through direct support
to the Ministry of Finance (Financial Sector Division), ARB Apex Bank, Bank of
Ghana, Credit Union Association, Ghana Micro Finance Institution Network
(GHAMFIN), National Insurance Commission (NIC) and Security and Exchange
Commission (SEC).
Project Development Objectives (PDO)
The objective of the project is to promote financial sector soundness and access
to financial services by individuals.
The objective will be achieved by: upgrading the regulatory framework for
Specialized Deposit- taking Institutions (SDIs) and Credit Unions and building
supervisory capacity; promoting market transparency and discipline; upgrading
systems used by Rural Community Banks (RCBs), Micro Finance Institutions
(MFIs), and credit unions; increasing access points; linking informal groups with
formal financial services providers; and educating and protecting consumers of
financial services.
Project's Components
Component 1: Improving Financial Sector Regulatory Oversight and Market
Transparency and Discipline-US$8million
This will support Bank of Ghana (BoG) and the Ministry of Finance (MoF) to
improve the oversight of Specialized Deposit Taking Institutions (SDIs) and
promote market transparency and discipline. Interventions include the
enhancement of the regulatory and supervisory framework for SDIs and credit
unions to limit the recurrence of financial distress, while increasing consumers'
trust in SDIs and supporting broader financial inclusion. It also supports the
establishment of a robust regulatory framework for credit unions to ensure their
effective licensing and supervision. Moreover, the component supports the
establishment of a domestic Credit Rating Agency (CRA) to facilitate independent
ratings of banks, SDIs, and insurance companies as a way to increase market
transparency and discipline and supplement supervisory oversight while
contributing to the development of the capital market.
Component 2: Increasing the Outreach of RCBs and MFIs and Linking VSLAs to
the Formal Financial Sector- US$13.Omillion
The objective of this component is to increase the outreach of Rural Community
Banks (RCBs) and Micro Finance Institutions (MFIs) and integrate Village Saving
and Loans Association (VSLAS) into the formal financial sector by:
(i) Modernizing the Management Information System (MIS) used by RCBs and
MFls to manage their business operations and to report to regulators.
(ii) Upgrading the e-banking platform of the ARB Apex Bank and developing and
rolling out a shared network of bank agents to expand the existing branch
network of Rural Community Banks RCBs and
(iii) Building the capacity of select VSLAs in support of their outreach and
integration into the broader financial sector.
2
Component 3: Bolstering Financial Capability and Consumer Protection -
US$3.6million
The objective of this component is to bolster financial capability and consumer
protection and contribute to both financial stability and inclusion. It supports
the design of targeted financial education campaigns and the upgrade of
regulatory capacity and systems for consumer protection.
Component 4: Enhancing the Capacity for the Implementation and
Monitoring of Financial Sector Policies and Supporting Project
Implementation -US$3.4million
(i) Building the capacity of the Ministry of Finance's Financial Sector Division to
carry out its responsibilities through training; provision of technical advisory
services on conducting a financial inclusion survey; and establishing a
website/database on financial inclusion and disseminating relevant information.
(ii) Supporting Project implementation including the recruitment of a project
coordinator and procurement specialist, developing a communication strategy
for the project, financing of Operating Costs and implementing a monitoring
evaluation system.
Unallocated Amount -US$2.Omillion
This unallocated amount - equivalent to 6.7 percent of the project amount - will
provide flexibility during project implementation. It will cover any unexpected
funding requirements to be agreed between the World Bank and the MoF
possible unfavorable budget variances in the acquisition of IT systems and the
possible implementation of the data center (depending on the results of the
design financed in Subcomponent 1.3).
3
General Information
Name Designation
Project
Implementation
Team
Ms. Eva Esselba Mends Chief Director
Mr. Sampson Akligoh Director, Financial Service
Division
Miss. Afua Brown-Pobee Director of Finance
Mr. K. Dankyi Darfoor Project Coordinator
Mr. Paul Agbo Senior Project Accountant
Mr. Godwing Adapaura Project Accountant
Address:
Ministry of Finance
Finance Drive, Accra.
P. 0. Box M40, Accra -
Ghana
GA-144-2024
info@mofep.gov.gh
Tel: +233 302-747-197
Auditors Ghana Audit Service
Post Office Box M96
Bankers Bank Of Ghana
4
CGAD/MoF/AUDIT/23/33I
M 96
ACCRA
3 JULY-2
THE CHIEF DIRECTOR
MINISTRY OF FINANCE
MINISTRIES-ACCRA
INDEPENDENT AUDITOR'S REPORT ON THE FINANCIAL STATEMENTS OF
THE GHANA FINANCIAL SECTOR DEVELOPMENT PROJECT REFERENCED
IDA CREDIT NUMBER 6310-GH.
We have audited the accompanying financial statements of the Ghana Financial
Sector Development Project (GFSDP) referenced Credit Number 6310-GH
funded by the International Development Association (IDA) which comprises the
Statement of Financial Position as at 31 December 2023, Statement of Sources
and Uses of Funds for the year ended 31 December 2023 as well as the notes to
the financial statements, including, list of material assets acquired to date with
project funds and a summary of significant accounting policies as set out in note
one to the financial statements.
Opinion
In our opinion, the Project's Financial Statements present fairly, in all material
respect the financial position of GFSDP as of 31 December 2023 and the results
of its operations for the year ended in accordance with International Public
Sector Accounting Standards (IPSAS) and provisions of the Financing Agreement
referenced (IDA) Credit Number 6310-GH and the Accounting Policies set out in
Note 1 of the Project's Financial Statements.
Basis for Opinion
We conducted our audit in accordance with International Standards of Supreme
Audit Institutions (ISSAls), promulgated by INTOSAI. Our responsibilities under
those standards are further described in the Auditor's Responsibilities for the
Audit of the Project's Financial Statements section of our report. We are
independent of the Project (Ministry of Finance) in accordance with the ethical
requirements that are relevant to our audit of the Financial Statements, and we
have fulfilled our other ethical responsibilities in accordance with these
5
requirements. We believe that the audit evidence we have obtained is sufficient
and appropriate to provide a basis for my opinion.
Responsibility of Management and Those charged with Governance for the
Financial Statements
The Project Implementation Team is responsible for the preparation and fair
presentation of these Financial Statements in accordance with International
Public Sector Accounting Standards (IPSAS), and for such internal controls as
Management determines are necessary to enable the preparation of Financial
Statements that are free from material misstatements, whether due to fraud or
error. Those charged with governance are responsible for overseeing the Ministry
of Finance's financial reporting process.
Auditor's Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the Project's
Financial Statements as a whole are free from material misstatements, whether
due to fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance but is not a guarantee that an
audit conducted in accordance with International Standards of Supreme Audit
Institutions (ISSAls), promulgated by International Organization of Supreme
Audit Institutions (INTOSAI) 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 based on these Financial Statements.
As part of an audit in accordance with ISSAls we exercise professional judgment
and maintain professional skepticism throughout the audit. We also:
* Identify and assess the risks of material misstatements 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 our 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 the purpose of expressing an opinion on the effectiveness of the
Project's internal control.
* Evaluate the appropriateness of accounting policies used and the
reasonableness of accounting estimates and related disclosures made by
Management.
6
* 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 achieves fair presentation.
We communicated with those charged with governance regarding, among other
matters, the planned scope and timing of the audit and significant audit findings,
including any significant deficiencies in internal control that we identify during
our audit.
We also provided those charged with governance with a statement that we have
complied with relevant ethical requirements regarding independence, and to
communicate with them all relationships and other matters that may reasonably
be thought to bear on our independence, and where applicable, related
safeguards.
ALI MOHAMMED ZAKARIA
DEPUTY AUDITOR GENERAL /CGAD
for AUDITOR-GENERAL
Date: 0 1 jLo
7
MINISTRY OF FINANCE
FINACIAL SECTOR DIVISION
GHANA FINANCIAL SECTOR DEVELOPMENT PROJECT CREDIT NO. 6310-GH
STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2023
NOTES 2023 2022
NON-CURRENT ASSETS US$ US$
Investment In Project 2 17,963,089.92 11,285,674.11
CURRENT ASSETS
Bank Baiances 3 1,698,910.08 4,876,325.89
Advance to (DFP 4 0.00 500,000.00
Total Assets 19,662,000.00 16,662,000.00
FINANCED BY
IDA Designated Loan Account 5 19,662,000.00 16,162,000.00
SIGNED:
. KWABENA DANKYI DARFOOR MR. GODWIN ADAPAURA
PROJECT COORDINATOR PROJECT ACCOUNTANT
MINISTRY OF FINANCE MINISTRY OF FINANCE
DATE: pu&) DATE:(t1/2
MINISTRY OF FINANCE
FINACIAL SECTOR DIVISION
GHANA FINANCIAL SECTOR DEVELOPMENT PROJECT CREDIT NO. 6310-GH
SOURCES & USES OF FUNDS FOR THE YEAR ENDED DECEMBER 2023
2023 2022 Cumulative to
US$ US$ date US$
IDA Designated Dollar Account 3,000,000.00 5,000,00000 19,662,000.00
Interest Earned 0,00 0.00 0.00
Total Project receipts 3,000,000.00 5,000,000.00 19,662,000.00
1.1 Enhancing the Regulatory and Supervisory
36,551,74 249,414.03 307,920.65
Framework and Capacity for SDIs.
1.2 Building the Capacity of CUA to Supervise
838,856.69 23,392.27 936,920.18
Credit Unions.
1.3 Supporting the Establishment of a Domestic
14,515.56 241,609.44 678,821.26
CRA and the Design of a Financial Data Center
2.1 Upgrading ARB Apex's Systems & ICTs for
Digital Financial Services & Accommodate 858,439.84 881,287.78 6,014,680,02
Banking Agent Services.
2.2 Developing and Rolling Out an Agent
Banking Network Managed by the ARB Apex
1,910,346.97 98,659.24 2,541,356.99
Bank
2.3 Upgrading MIS of Micro Finance
Institutions. 47,756.35 0.00 218,136.04
2.4Linking V1I As to Formal Financial Services
Providers. 1,048,373.58 153,391.94 1,270,946.86
3.1 Bolstering Financial Capabi11ty through
623,018.77 (64,488.39 21,162,872.85
Targeted Financial Education Campaigns
3.2 Building Regulatory Capacity and Systems
501,000.14 325,793.00 1,018,397.43
for Consumer Protection".
4.1 Building Capacity of the Financial Sector
26,555.52 11,313.38 243,734,92
Dlivision.
4.2 Supporting Project Implementation 772,000.65 515,023.19 2,569,301.72
Total Expenditure 6,677,415.81 3,164,372.65 17,963,089.92
Income Deficit/Surplus (3,677,415.81) 1,835,627.35 1,698,910.08
9
MINISTRY OF FINANCE
FINANCIAL SECTOR DIVISION
GHANA FINANCIAL SECTOR DEVELOPMENT PROJECT CREDIT NO. 6310-GH
NOTES TO THE FINANCIAL STATEMENTS
1. Significant Accounting Policies
The following are summary of the significant accounting policies adopted in the
preparation of the Financial Statements:
Basis of Accounting
The Financial Statements have been prepared on IPSAS cash basis and under
the historical cost convention. This means that revenue and expenditures are
recognized in the Financial Statements when they are received and paid for
respectively. Under the historical cost convention, assets and liabilities are
reflected or disclosed in the Financial Reports at the cost incurred or price paid
at the time of transaction.
Property, Plant and Equipment
All Property, Plant and Equipment acquired or constructed under all sources of
funding have been stated at the actual payments made during the year and shall
not be depreciated.
Revenue and Expenditure
Revenue is recognised when funds are received from IDA and expenditures are
accounted for in the year when goods and services are incurred and paid for.
Presentational Currency
The Financial Statement is denominated in the United States Dollar (,S$).
10
MINISTRY OF FINANCE
FINANCIAL SECTOR DIVISION
GHANA FINANCIAL SECTOR DEVELOPMENT PROJECT CREDIT NO. 6310-GH
NOTES TO THE FINANCIAL STATEMENTS
2. Investment in Project
Investments are the total eligible expenditures incurred on the Project as at the
date of reporting. They are recognized in the statement of financial position as
assets of the Project at the total value of all eligible expenditures.
Additions Closing Bal 31
Component Opni B0l3 1 during 2023 Dec. 2023
_ ~ ~Jan. 2023ULS$ 1~
US$ US$
Component 1: Improving
fmnancial sector regulatory
1,033,738.10 889,923.99 1,923,662.09
oversight and market
transparency and discipline
Component 2: Increasing the
outreach of RCBs and MFIs
and linkin VSLAs tod Fa 6,180,203.15 3,864,917.74 10,045,120.89
and linking VSLAs to formal
financial service providers
Component 3: Bolstering
financial capacity and 2,057,251.37 1,124,018.91 3,181,270.28
consumer protection
Component 4: Enhancing the
capacity for financial sector
policy implementation and 2,014,481.48 798,555.18 2,813,036.66
monitoring and supporting
project implementation
Total 11,285,674.10 6,677,415.82 17,963,089.92
3. Bank Balance
This represents the Bank balance of funds in the Project's USD Designated
Account with the Bank of Ghana.
MINISTRY OF FINANCE
FINANCIAL SECTOR DIVISION
GHANA FINANCIAL SECTOR DEVELOPMENT PROJECT CREDIT NO. 6310 GH
NOTES TO THE FINANCIAL STATEMENTS
4. Advances to Ghana Development Finance Project
The amount of US$500,000 was advanced to the Ghana Development Finance
Project (GDFP) to finance key activities under GDFP because there were no funds
in the designated account of the Project. The amount of US$500,000 had since
been refunded.
5. Funds from International Development Association (IDA)
The amount of US$19,662,000 represents deposits of portions the IDA funding
for the Project over the past five (5) years as shown in the summary of Withdrawal
Applications shown below.
Payment Date (Client Withdrawal
Connection) Application No.
24-Oct-18 001 1,000,000.00
23-Apr-20 IDA63100-03 8,162,000.00
29-Jun-21 IDA 62100-07 2,500,000.00
27-May-22 I IDA 62100-00 5,000,000.00
11-July-23 IDA 62100-09 3,000,000.00
Total 19,662,000.00
12
6. List of material assets acquired
Assets acquired as Project management support were valued at US$500,531.75
as of 31 December 2023.
A.
PURCHASED COST
REF. DESCRIPTION LOCATION
DATE (USD) CONDITION
KINGDOM BOOKS AND STATIONERY
LIMITED. (1) MONEY COUNTING MACHINE
760OUV/MG, (1) LARGE SIZE FIREPROOF
15/5/2021 MOF/FSDP VERY GOOD
UNBREAKABLE SAFE, (1) GAINT STAPLER, 4,315.00
(4) OFFICE CALCULATORS, (10) LARGE SIZE
NOTE_BOOKS.
GET 4 LESS GHANA LIMITED. (4) HP
SPECTRE X360, (2) HP LASERJET PRO MFP
2 21/6/2021 MOF/FSDP VERY GOOD
M283FDW COLORED PRINTER, (8) HP 9,572,21
TONER 207A 4-i
BILL+ENTERPRISE. (3) DELI HEAVY DUTY
3 PERFORATOR, (1) POWERSHRED/LIBRA 30/6/2021 MOF/FSDP VERY GOOD
16,603.90 1
S_ !HREDDER
BILL+ENTERPR[SE (1) 2.5 SPLIT UNIT AIR-
CONDITION 8/9/2021 MOF/FSDP 120404 VERY GOOD
BILL+ENTERPRISE. (1) 2.5 SPLIT UNIT AIR- 27/9/2021 MOF/FSDP VERY GOOD
CONDITION 2,594.68
HENKOQ VENTURES. (2) DESKTOP
COMPUTERS (ALL IN ONE), (6) LAPTOPS
6 COMPUTER, (5) PC TABLET WITH KEYPAD, 5/11/2021 MOF/FSDP VERY GOOD
36,907.03
(1) COLOURED PRINTER (ALL IN ONE), (1)
OFFICE DESK
KINGDOM BOOKS AND STATIONERY
LIMITED. (2) L-SHAPED DESK, (2) SWIVEL 7/12/2021 MOF/FSDP 1,949.15
CHAIR LEATHER, (1) SLIDING DOOR 1,949.15
CABINET
EBENTECH BUSINESS SERVICES. (16)
CANON IR 2545, IR 2535 & COLOURED
8 CANON IR 5030i PHOTOCOPIER MACHINE. 22/3/2021 MOF/FSDP VERY GOOD
(5) HP COLOURED LASERJET PRO MFP 277n 9,722.58
PRINTER
HENKOQVENTURES LTD. (1) SAMSUNG
SMART 55' TELEVISION, (1) HEAVY FULL
9 MOTION SWIVEL TV WALL BRACKET, (1) 20/12/2021 MOF/FSDP 2,175.37 VERY GOOD
JOVISION 1080P WEBCAM, LOGITECH
KEYBOARD & MOUSE COMBO
BILL+ENTERPRISE. (2)DESKTOP
10 COMPUTERS (ALL IN ONE), (6) LAPTOP 16/12/21 MOF/FSDP VERY GOOD
COMPUTERS, (4) PRINTER, (1)SHREDDER
I HENKOQ VENTURES LTD. (2) HP COLOUR
14 LASERJET 479 FWD PRINTER (ALL IN ONE), 8/12/2020 MOF/FSDP GOOD
HP PAVILION 14 LAPTOPS 25,154.41
13
ROYAL IDEAS GHANA LTD.(13)HP PAVILION
23-6700 (ALL IN ONE DESKTOP), (15)HP
ENVY 13 LAPTOP COMPUTERS, (2)HP
COLOUR LASERJET 497 FWD PRINTERS, 87,561.90
(6)HP LASERJET PRO M428 DN
PRINTERS,(6) APC UPS 1500i
TOTAL 241,778.71
# DESCRIPTION DATE OF COST CURRENT
PURCHASED (USD) CONDITION
I Stapler Machine 10/12/2019 15.87 GOOD
2 Stapler Machine 10/12/20 19 15.87 GOOD
3j Giant Stapler 10122019 317.40 GOOD
4 Giant Stapler - 10/12 2019 317,40 GOOD
5 Office Dust Bin 16/08 2019 52.94 GOOD
6 Office Dust Bim 16/08/2019 52.94 GOOD
7 Office Dust Bm 16, 08/2019 52.94 GOOD
8 IIP LeaserJet 16/08/2019 278.19 GOOD
9 HP LeaserJet 16/08 2019 27819 GOOD
10 HP Scanjet 16/08/2019 1,287.71 GOOD
11 IP ScanJet 16/08 2019 1,287.71 GOOD
12 Sindiing Machine 16/08/2019 252.04 j -- GOODl
13 Transeend 2TB 16/08/2019 130.48 GOOD
14 Transcend 2TB 16/08/2019 1OOD
15 Transcend 2TB 16108/2019 130.48 GOOD
16 Transcend 2TB 16/08/2019 1 3 0 .4 8 GOOD
17 Transcend 2TB 16/08/2019 130.48 GOOD
18 Seagate ITB 16/08/2019 93.17 GOOD
19 Seagate 1TB 16/08 2019 93.17 GOOD
20 Scagate 1TB 16/08 2019 93.17 GOOD
21 Seagate iTB 16/08/2019 93.17 GOOD
22 Seagate 1TB 16/08/2019 93.17 GOOD
23 Smart-UPS 16/08/2019 666.54 000D
24 Smart-UPS 16/08/2019 666.54 GOOD
25 Smart-UPS 16/08 2019 666.54 GOOD
26 Smart-UPS 16/08/2019 666.54 GOOD
27 Smiart-UPS < 16/08/2019 666.54 GUOD
28 Smart-UPS < 16/08/2019 666.54 GOOD
29 Smart-UPS 16/08/2019 666.54 GOOD_
30 Smart-UPS 16/08/2019 666.54 GOOD
31 Smart-UPS 16/08/2019 666.54 GOOD
32 Smart-UPS _ 16/08/2019 1 666.54 GOOD
33 Laptops {17) 16/08/2019 2,663.46 GOOD
14
34 Latos o i7_ 16 08 2019 2,663.46 GOOD
35 Laptops (i7) 16/08/2019 2,663.46 GOOD
36 Swivel Chair 16[08/2019 1,561.44 GOOD
37 Swivel Chair 16/08/2019 1,561.44 GOOD
38 WiFi Moderm ___ 1 /08/2019 86.54 GOOD
39 WiFi Moderm 16/08/2019 86.54 GOOD
40 WiFi Moderm 1 16 08/2019 86.54 GOOD
41 HP Laser Jet 479FWD Printer 12 11/2020 1,852.97 GOOD
42 HP Laser Jet 479FWD Printer 12111/2020 1,852.97 GOOD
43 HP Pavilion 14 Laptop 12/11/2020 1,644.58 GOOD
44 HP Pavilion 14 Laptop 12/ 11 2020 1,644.58 GOOD
HP Pavilion 23-67 Desk Top PC
45 (All-In-One) 3/9/2020 1984,11 GOOD
LIP Pavilion 23-67 Desk Top PC
46 (All-n-One) _ _ 3/9/2020 1,984.11 GOOD
HP Pavilion 23-67 Desk Top PC
47 (All-In-One) 3/9/2020 1,984.11 GOOD
HP Pavilion 23-67 Desk Top PC
48 (All-In-One) 3/9/2020 1,984.11 GOOD
HP Pavilion 23-67 Desk Top PC
49 (All-ln-Oeel 3/9/2020 1,984.11 GOOD
HP Pavilion 23-67 Desk Top PC
50 (All-In-Onei 3/9/2020 1,984.11 GOOD
HP Pavilian 23-67 Desk Top PC
51 (All-ln-One 3 /9 2020 1,984.11 GOOD
HP Pavilion 23-67 Desk Top PC
AP-nll-One) 3/9/2020 1 1,984.11 GOOD
HP Pavilion 23-67 Desk Top PC
53 (All-In-One) 3/9/2020 1,984.11 GOOD
HP Pavilion 23-67 Desk Top PC
54 (All1-In-Onel 3/9/2020 1,984.11 GOOD
HP Pavilion 23-67 Desk Top PC
55 ne) 3/9/2020 1,984.11 GOOD
HP Pavilion 23-67 Desk Top PC
56 (All-In-Oe) 39/2020 1,984.11 GOOD
57 HP Envv 13 Laptop 3/9/2020 2,166.64 GOOD
58 HIP Envy 13 Laptp 3/9/2020 2,166.64 GOOD
59 HP Envy 13 Laptop 3/9/2020 2,166.64 GOOD
60 HP Envv 13 Laptop 3/9/2020 2,166.64 GOOD
61 HP Envy 13 Laptop 3/9/2020 2,166.64 GOOD
62 HP Envy 13 Laptop 3/9/2020 2, 166.64 GOOD
63 HP Envy 13 Laptop 3/9/2020 2,166.64 GOOD
64 HP Envy 13 Lapp 3/9/2020 2,166.64 GOOD
65 HP Envy 13 Laptop 3/9/2020 2,166.64 GOOD
66 HP Envy 13 Laptop 3/9/2020 2,166.64 GOOD
67 HP Envy 13 Laptop 3/9/2020 2,166.64 GOOD
68 HP Envy 13 Laptop 3/9/2020 2,166.64 GOOD
69 HP Envy 13 Laptop - 3/9/2020 2,166.64 GOOD
15
70 HP Envy 13 L2ptop 3/9/2020 2,166.64 GOOD
71 HP Envy 13 Laptop 3/9/2020 2,166.64 GOOD
HP Colour LaserJet 497FWD
72 Printer 3/9/2020 1,913.63 GOOD
HP Colour LaserJet 497FWD
73 Printer 3/9 2020 1,913.63 GOOD
74 FIP LaserJet M428DN Printer 3 9 2020 993.68 GOOD
75 HP LaserJet M428DN Printer 3/9 /2020 993.68 GOOD
76 HP LaserJet M428DN Printe 3/9/2020 993.68 GOOD
77 HP LaserJet M428DN Printer 3/9/2020 993.68 GOOD
78 HP LaserJet M428DN Printer 3 92020 993.68 GOOD
79 HP LaserJet M428DN Printer 3/9/2020 99368 GOOD
80 APC UPS SMC 15001 3/ 9 2020 612.58 GOOD
81 APC UPS SMC 1500i 3/9 2020 612.58 GOOD
82 APC UPS SMC 15001 3/9/2020 612.58 GOOD
83 APC UPS SMC 15001 39/2020 612.58 GOOD
84 APC UPS SMC 15001 -3/9/2020 612.58 GOOD
85 APC UPS SMC 1500i 3/9/2020 612.58 GOOD
Tovota Land Cruiser Prado 3OL
86 DSL 2020 11/11/2020 74,535.90 GOOD
87 '1Toyota Hilux 2.5L DSL 4WD 2020 11/1 1/2020 44,133.10 GOOD
TOTAL 1 218,803.57
C.
REF. DESCRIPTION LOCATION COST (USD) CONDITION
DATE
1 BILLAENTERPRISE 31/01/2022 MOF/FSDP VERY GOOD
AIR CONDITIONER 2.5HP 1,101.66
HOPEBERRY INNOVATIVE
2 ENTERPRISE 05/12/2022 MOF/FSDP VERY GOOD
MIDEA 2.5HP AIR 977.50
CONDITIONER 2.5HP
HOPEBERRY INNOVATIVE
ENTERPRISE.
3 [MIDEA 2.5HP AIR 05/12/2022 MOF/FSDP 977.50 VERY GOOD
CONDITIONER 2.5HP
HOPEBERRY INNOVATIVE
ENTERPRISE.
4 f05/12/2022 MOF/FSDP VERY GOOD
MIDEA 2.5HP AIR 977.50
CONDITIONER 2.5HP
HOPEBERRY INNOVATIVE
5 ENTERPRISE. 14/12/2022 MOF/FSDP 2 VERY GOOD
273.68
TABLETOP FRIDGE
16
HOPEBERRY INNOVATIVE
6 ENTERPRISE. 14/12/2022 MOF/FSDP 205.26 VERY GOOD
APC MXS UPS 1000VA
HOPEBERRY INNOVATIVE
7 ENTERPRISE. 14/12/2022 MOF/FSDP VERY GOOD
APC MXS UPS 1000VA
HOPEBERRY INNOVATIVE
8 ENTERPRISE. 14/12/2022 MOF/FSDP VERY GOOD
1,136.84
AIR CONDITIONER 2.5HP
HOPEBERRY INNOVATIVE
9 ENTERPRISE. 14/12/2022 MOF/FSDP VERY GOOD
1,136.84
AIR CONDITIONER 2.5HP
HOPEBERRY INNOVATIVE
10 ENTERPRISE. 14/12/2022 MOF/FSDP 473.68 VERY GOOD
METAL CABINET
HOPEBERRY INNOVATIVE
11 ENTERPRISE. 14/12/2022 MOF/FSDP VERY GOOD
547,37
OFFICE DESK
HOPEBERRY INNOVATIVE
12 ENTERPRISE. 14/12/2022 MOF/FSDP VERY GOOD
547.37
OFFICE DESK
HOPEBERRY INNOVATIVE
13 ENTERPRISE. 14/12/2022 MOF/FSDP VERY GOOD
ORTHOPAEDIC ERGONOMIC 1,031.58
CHAIR
HOPEBERRY INNOVATIVE
ENTERPRISE.
14 14/12/2022 MOF/FSDP VERY GOOD
ORTHOPAEDIC ERGONOMIC 1,031.58
CHAIR
HOPEBERRY INNOVATIVE
15 ENTERPRISE. 14/12/2022 MOF/FSDP VERY GOOD
15 515.79
SWIVEL CHAIR 515.79
HOPEBERRY INNOVATIVE
16 ENTERPRISE. 14/12/2022 MOF/FSDP VERY GOOD
252.63
VISITORS CHAIRS
HOPEBERRY INNOVATIVE
17 ENTERPRISE. 14/12/2022 MOF/FSDP VERY GOOD
252.63
VISITORS CHAIRS
HOPEBERRY INNOVATIVE
18 ENTERPRISE. 14/12/2022 MOF/FSDP VERY GOOD
252.63
VISITORS CHAIRS
HOPEBERRY INNOVATIVE
19 ENTERPRISE. 14/12/2022 MOF/FSDP VERY GOOD
252.63
VISITORS CHAIRS
17
HOPEBERRY INNOVATIVE
20 ENTERPRISE. 14/12/2022 MOF/FSDP 400.00 VERY GOOD
OFFICE CABINET
HOPEBERRY INNOVATIVE
21 ENTERPRISE. 14/12/2022 MOF/FSDP VERY GOOD
WOODEN CABINET
TOTAL
12,918.36
D.
DATE OP CURRENT COST CURRENT
SNJ_ DESCRIPTION_ _ _ __
DESCRIPTION PURCHASED LOC (USD) CONDITION
1 13.5-INCH LAPTOP 16/02/2023 FSD 1,934.09 VERY GOOD
2 13.5-INCH LAPTOP 16/02/2023 FSD 1,934,09 VERY GOOD
3 13.5-INCH LAPTOP 16/02/2023 FSD 1,93409 VERY GOOD
4 13.5-INCH LAPTOP 16/02/2023 FSD 1,934.09 VERY GOOD
5 13.5-INCH LAPTOP 16/02/2023 FSD 1,934.09 VERY GOOD
6 13.5-INCH LAPTOP 16/02/2023 FSD 1,934.09 VERY GOOD
-~~~~~~~ --113.5-INC LATO ------6/2/02------349-ER GO
7 13.5-INCH LAPTOP 16/02/2023 FSD 1,934.09 VERY GOOD
8 16-INCH LAPTOP 16/02/2023 FSD 2,156.25 VERY GOOD
9 16-INCH LAPTOP 16/02/2023 FSD 2,156.25 VERY GOOD
10 PRINTER 16/02/2023 FSD 940.90 VERY GOOD
11 PRINTER 16/02/2023 FSD 940.90 VERY GOOD
ALL-IN-ONE DESKTOP
12 16/02/2023 FSD 2,770.45 VERY GOOD
COMPUTER 1
HP ALL-IN-ONE DESKTOP
COMPUTER (CORE i7, - 1165G7,
16GB, 1TB SSD, 27, IRIS
13 GRAPHICS, WIRELESS 31/07/2023 FSD VERY GOOD
2,684.25
KEYBOARD AND MOUSE,
WINDOWS 10, OFFICE 2019,
TOUCH SCREEN)
14 METAL CABINET 31/07/2023 FSD 518.65 VERY GOOD
15 METAL CABINET 31/07/2023 FSD 518.65 VERY GOOD
EXECUTIVE SWIVEL CHAIR-
16 31/07/2023 FSD 403.09 VERY GOOD
MESH 403.09
17 31/07/2023 FSD VERY GOOD
______ MESH ____ ______________{ _______ 403.09 __________
TOTAL 27,031.11
18