INDEPENDENT AUDITORS' REPORT To, Deputy General Manager Energy Efficiency Centre Small Industries Development Bank of India New Delhi Report on the PRSF- Project Financial Statements We have audited the accompanying Project Financial Statements (PFS) of the 'Financing Energy Efficiency at MSMEs Project' under Partial Risk Sharing Facility for Energy Efficiency Project (GEF TF019308) along with part of Technical Assistance Component for the period April 01, 2015 to March 31, 2016. Project Financial Statements comprises as follows:- 1. Statement of PRSF - Balance Sheet as on March 31, 2016 2. Summary Guarantee Status as on March 31, 2016 3. Detailed Statement on Guarantee Status as on March 31, 2016 4. Statement of Sources and Application of Funds for TA Component for the year ended March 31, 2016 5. Claim for Disbursement by the Bank for the year ended March 31, 2016 6. Review of quarterly IUFRs of the Project submitted to the World Bank Management's Responsibility for PRSF-Project Financial Statement These statements are the responsibility of the Energy Efficiency Centre (EEC) of Small Industries Development Bank of India. Management is responsible for the preparation of the Project Financial Statements that give a true & fair view of sources and application of the project funds in accordance with the terms of the Financing/Loan/Project Agreements and instructions of Operational Manual. This responsibility includes the design, implementation and maintenance of internal control Visit us at: www.parycaorg A H.O.: 225, 2nd Floor, Vardhman Sunrise Plaza, Plot No-1, LSC, * Corp. Off.: A-603, 2nd Floor, T.: 0120-6888817 E-mail: info@paryca.org Near Abhyant Apartment, Vasundhara Enclave, Delhi-110 096 Sector-46, Noida-201 303 (U.P) M,: 99997 67040 yogeshmalik@paryca.org B.O.: * MUMBAI * SURAT A-HMEDABAD * HYDERABAD * KOLKATA relevant to the preparation of the Project Financial Statements that is free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on Project Financial Statements based on our audit. We have taken into account accounting and auditing standards and matters which are required to be included in the audit report under legal agreements and operational manual. We conducted our audit in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India (ICAI). Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the Project Financial Statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amount in the Project Financial Statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the Project Financial Statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and accounting policies used and the reasonableness of the accounting estimates made by management, as well as evaluating the overall presentation of the Project Financial Statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, to the best of our information and according to the explanations given to us, a) the Project Financial Statements give true & fair view of financial position of the project at the end of period under audit,the expenditure incurred on the project and of the sources and applications of project funds for that period; b) the Project funds were utilized for the purposes for which they were intended during the period April 1, 2015 to March 31, 2016; c) expenditures incurred for the period April 1, 2015 to March 31, 2016 and retroactive finance expenditures shown in the Project Financial Statements are eligible for financing under the legal agreements and are recorded in the books of account of SIDBI and no other sources of funds have been received by SIDBI for incurring these expenditures; d) the Interim Unaudited Financial Reports (IUFRs) submitted during the period under audit are supported by adequate detailed documentation maintained in SIDBI's offices/branches to support claims to the World Bank for reimbursement of expenditure incurred; Restriction on Distribution and Use This Report has been issued solely for the purpose of onward submission to World Bank in accordance with Terms of Reference of the World Bank-PRSF Project. This Report may not be suitable for any other purpose. V&Q For PARY & Co. ,, xChartered Accountants fo H 0 I o t Firm Regn. No. 007288C Place: New Delhi CA Yogesh Malik Date : 05.12.2016 Partner M.N. 074635 PRSF - Project Financial Statements as on 31st March, 2016 1. PRSF - Balance Sheet as on March 31, 2016 Particulars As on 31st March, 2015 Annex Ref Amount (INR) Liabilities Partial Risk Sharing Facility : GEF Guarantee Facility - SIDBI 1A 391,248,010.00 GEF Guarantee Facility - PFI A 398,310,000.00 CTF Sub Guarantee 1A Guarantee Payable (balance) - Operating Fund balance 1B Total Liabilities 789,558,010.00 Assets Balance at Bank 789,558,010.00 Total Assets 789,558,010.00 The Accomponaying Annexures are an Integral Part of the Financial Statements, In Terms of our Report Attached. For PARY & Co. Chartered Accountants Firm Regn. No. 007288C CA Yogesh Malik Rajiv Kumar, DGM Partner Membership No. 074635 Authorized Signatory (SIDBI) Place: New Delhi Date : 05.12.2016 PRSF - Project Financial Statements as on 31st March, 2016 Annex lA. Statement of Facility Sources and Application of Funds during the period O1st September, 2015 to 31st March, 2016 ]NR Particulars GEF Guarantee Facility - GEF Guarantee Facility - CTF Sub- _ _ _ __SIDBI PFI Guarantee Total (i) Facility balance at the beginning of the Year - (ii) Add: Receipts/ inflows during the Year: _ a Amounts received from GEF (one time) 398,310,000.00 398,310,000.00 796,620,000.00 b Amounts received from CTF (recurring) c Recoveries against payouts d Penalties & fines received e Transfer in from Operations Account 14,733,725.00 - 14,733,725.00 (iii) Total receipts/ inflows during the Year (a to e) 413,043,725.00 398,310,000.00 811,353,725,00 (iv) Total Fund Sources (i)+(iii) 413,043,725.00 398,310,000.00 811,353,725.00 (v) Less: Payments/ outflows during the Year f Guarantee payouts - first tranch - - g Guarantee payouts - final tranch h Transfer out to Operations Account 21,795,715.00 - - 21,795,715.00 (vi) Total payments/ outflows during the Year (f to h) 21,795,715.00 - 21,795,715.00 (vii) Fund balance at the end of the Year 391,248,010.00 398,310,000.00 - 789,558,010.00 The Accomponaying Annexures are an Integral Part of the Financial Statements. In Terms of our Report Attached. For PARY & Co. Chartered Accountants Firm Regn. No. 007288C CA Yogesh Malik R Kumar, IDG Partner Authorized Signatory (SIDBI) Membership No. 074635 Place : New Delhi Date : 05.12.2016 PRSF - Project Financial Statements as on 31st March, 2016 Annex lB. Facility Operations Account For the period 01st September, 2015 to 31st March, 2016 Particulars Amount (INR) Remarks Opening balance Add Interest on Facility cash balances 20,347,893.00 Add guarantee fees received from SIDBI Add guarantee fees received from PFIs Add transfer from facility account (GEF - SIDBI) 21,795,715.00 - Less transfer to facility account (GEF - SIDBI) 14,733,725.00 - Total inflow 27,409,883.00 - Less: Fixed management fee paid to SIDBI 10,738,385.00 Variable management fee paid to SIDBI CTF front end fee 15,124,623.00 - CTF guarantee fee 1,506,592.00 - M&V fees and costs End to end solutions Salaries of contractual staff of PMU . Admin & others operating expenses of PMU 40,283.00 Audit fees Total outflow 27,409,883.00 Closing balance The Accomponaying Annexures are an Integral Part of the Financial Statements. In Terms of our Report Attached. For PARY & Co. Chartered Accountants Firm Regn. No. 007288C CA Yogesh Malik Rajiv Kumar, DGM Mbhiner NAuthorized Signatory (SIDBI) Membership No. 074635 Place: New Delhi Date 05.12.2016 PRSF - Project Financial Statements for the period Olst September, 2015 to 31st March, 2016 2. Summary Guarantee Status as on 31st March, 2016 (In INR) Total Loain (uarantec Clains Gaantee Claims Guarante Claimus Unrecovered Glarantee Leifdler Name .4motof OItstanIdin Guarantee Otitstantidig (Total) PaP ble Recovery status - Remarks Loa gf- OpnClose g.n PRSF % Others % PRF Others PRSF Others PZSF PRSFl"r Others PRSF Otbers pen/ A. GEF - SIDI (Facility Limit INR 39,83,10,000) SIDBI (as Lender) Ni Nil INil NiU Nìl Ni! il Nii Nil NNil Nil I Nil [ril NU )Nil INil B. GEF - PFI (Facility Limit INR 39,83,10,000) Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil C, CTFØ (FI) Suib-Guarantee Nil NI Nil Nil Ni Nil NI Nil Nil Nil Nil Ni Ni Nil Nil Nl Nil Nil - ___________ __________ _________ ________ - _______ ._______ _______ ________ _______ ________ ________ ________ ______CIFX 4_________ ____________ PRSF - Project Financial Statements for the period 0 Ist September, 2015 to 3 Ist Marcli, 2016 3. Detailed Statement on Guarantee Status as on 31st Mareli, 2016 (INR) (i) Loan Particuars by Fund Source, Borrower and PFI Loan Si no Fund Source PFI Naune r Name Løan Ref Loan Akillitt Loan Par-ticulas and Loan Period (Date) Outstanding Purpose (INR) Fromi To Principl A GEF (limit INR SIDB] (as PFI) Nil N Ni Nil Nil Nil 39,83,10.000) - - 3 GEF (Imit [NR (PFI) Nil Nil Nil Nil Nil Nil Nil C CIT (PFn) Ni Nil Nil N Nil Nil Nil Notes: The report will provide the status of'outstanding loans guarantee, recoveries etc as on date oftie report Totals will be drawn by Pi and overall grand total The detais will be based on records maintained by SIDBI based on own/ PFI inputs or web-bascd in which case the PFIs wiIl upload tie necessary data. The statement and the back up data will be subNject to audit/ verification PRSF - Projeet Fiianieal Statemenrs for tie period Øist September, 2015 to 31st Mareh, 2016 (contd) 3. Detailed Statenient on Guarantee Status as on 31st March, 2016 (INR) (iH) Guarantee Details ,kvailahe (iii) Guarantee Claims, Recovery and Status Limit for GIIarantce Claim Guarannte Claim Recovery Unrecovered Guaranltev Guara ntet GuaranecGuantee Paid Pavable Proceedings (ate) Recovery Status - Re f..Isie Iu (PRSF) Open/ PRSF % Others % PRSF Others PRSF Others Start Close PRSF Others PRSF Others Close Nil Ni! Nif Nil Nui Nil Nl Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Ni! Nil Nil Nil Nil Ni! Ni Nil Nil Nil NW Nil N Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Ni! PRSF - Project Financial Statements as on 31st March, 2016 4. Sources and Application of Funds for TA Component For the period 01st April, 2015 to 31st March, 2016 Actual Particulars Remarks As on 31st March, 2016 Reimbursement received from the Bank 9,416,396.00 - Sources of funds - Contribution from SIDBI 11,655,088.00 - Total 11,655,088.00 Application of funds - Capacity, resource building and institutional 10,343,379.00 strengthening Technical assistance and capacity building for 806,709.00 ESCOs and PFIs Other market development elements Total 11,655,088.00 - HO PRSF - Project Financial Statements as on 31st March, 2016 5. Claim for Disbursement by the Bank (INR) Claims under Guarantee Facility Technical Assistance Claims Particulars Current Claim Total claimed Claims disbursed by Current ai Total claimed including current Claims disbursed by Current Claim including current claim the Bank till date receivable as on 31st claim the Bank till date March, 2016 GEF disbursement - SIDBI GEF disbursement - PFI Guarantee payout - CTF TA reimbursement 2,238,692.00 11,655,088.00 9,416,396.00 Total 2,238,692.00 11,655,088.00 9,416,396.00 I c i RETROACTIVE FINANCING - IUFR PRSF - Quarterly IUFR for the period till September 30, 2015 1. PRSF - Balance Sheet as on September 30, 2015 INR Particulars GEF Guarantee GEF Guarantee CTF Sub- Annex Ref Total Facility - SIDBI Facility - PFI Guarantee Liabilities Partial Risk Sharing Facility GEF Guarantee Facility - SIDBI 1A 376514285 GEF Guarantee Facility - PF 1A 398310000 CTF Sub Guarantee 1A 0 Grarantee Payable (balance) - --- Operating Fund balance 1B 1775850.5631 Total Liabilities 378290135.6 398310000 0 776600136 Assets Cash-in-Hand/ Balance at Bank/ Investments GEF Guarantee Facility - SIDBI 376514285 GEF Guarantee Facility - PFI 398310000 CTF Sub Guarantee 0 Facility Income 1775850.563 1 Total 378290135.6 398310000 0 776600136 SIDBI assertion: The PRSF closing balances are represented by unencumbered cash and cash equivalent of INR xxxx as per audited/ unaudited accounts of SIDBI as on xxxx. These adequately cover the facility balances. Authorize Si natory (SIDBI) 7- PRSF - Quarterly IUFR for the period till September 30, 2015 Annex 1A. Statement of Facility Sources and Application of Funds for the period till September 30, 2015 INR GEF Guarantee GEF Guarantee CTF Sub- Particulars Facility - SIDBI Facility - PFI Guarantee Total (i) Facility balance at the beginning of the quarter 0 0 0 0 (ii) Add: Receipts/ inflows during the quarter: a Amounts received from GEF (one time) 398310000 398310000 796620000 b Arnounts received from CTF (recurring) 0 0 c Recoveries against payouts 0 0 0¯ 0 d Penalties & fines received 0 0 0 0 e Transfer in from Operations Account 0 0 0 0 (iii) Total receipts/ inflows during the quarter (a to e) 398310000 398310000 0 796620000 (iv) Total Fund Sources (i)+(iii) 398310000 398310000 0 796620000 (v) Less: Payments/ outflows during the quarter: f Guarantee payouts - first tranch 0 0 0 0 g Guarantee payouts - final tranch 0 0 0 0 h Transfer out to Operations Account 21795715 0 0 21795715 (vi) Total payments/ outflows during the quarter (f to h) 21795715 0 0 21795715 (vii) Fund balance at the end of the quarter (iv-vi) carrid forward to IUFR 1 376514285 398310000 0 774824285 H OF o ý NO - PRSF - Quarterly lUFR for the period till September 30, 2015 Annex lB. Facility Operations Account for the period till September 30, 2015 showing income received and expenses incurred during the quarter (INR) Actual Remarks Particulars During the qr Year to date Project to date Opening balance 0 0 0 Add Interest on Facility cash balances 1775851 1775851 1775851 - Add guarantee fees received from SIDBI 0 0 0 - Add guarantee fees received from PFIs 0 0 0 - Add transfer from facility account (GEF - SIDBI) 21795715 21795715 21795715 - Less transfer to facility account (GEF - SIDBI) 0 0 0 - 0 0- Total inflow 23571566 23571566 23571566 - Less: Fixed management fee paid to SIDB 6122047 6122047 6122047 - Variable management fee paid to SIDBI - - CTF front end fee 15673668 15673668 15673668 - CTF guarantee fee 0 0 - M&V fees and costs End to end solutions Salaries of contractual staff of PMU - - Admin & others operating expenses of PMU - - Audit fees 0 0- Total outflow 21795715 21795715 21795715 - Closing balance 1775851 1775851 1775851 - I\ 4.-¼.- 'yy 2< 4 is4 74 4 e1 X - 4. i x4 \: - - - - - - - - -. 叮斗痲露 （領：必玀 咸難州；·，、。、、；,＊、。。。、1。：絕〕，。：（、，。：。，!!，〝、：，。―。：,；。，．。；，。，：、、。：、：。、、、、（。。〝，、、、。1、，,,,―、、、〕熙，汙”。！巢；&,；買〔’．疋’】叩斗瞋．〔；！、！!！中、常！〕】；’。〔〕！淤蘇啊慫’】．：訪W以叩！{ 【黠，J權，.｝、艮！tl，言l｝壯：l。、。l）文．01:j。土斤〔l股；〝化了！】1。、心1 11！、｀、【較］｀〕1 丰•震，〔｝。邊中、亂！1!（〕。」．。｛、化凡低、採午！立l向，。宅不n＼。）。」f）細、11;?tt·11寫‘!,1！權〕．詠工石毛！〕｀;t了1，取聖兀（)！、〕妒1111·工g。化｛；〔）｝、L、（〕1&:!l‘、、：，〔〉文言。．。七！〕 蘋荊 f令主N}）×××N tl叉）審！。51、訕1了｝鰓。。〕〔‘1，【t拙tl!）亂］O,t吧。I乏！。平！11駕斗》。l！、亡！乃（主、 、xxx。，，××、N、［.,）究！},，〕l:;，。I：、11;，、；)l卜｝fl！人｝,&;!,,1：、〕｝駕》l;l uoi- !Il.c pcviod li-olli xxý:ý: lo Octalli,d S(alcmcnt (m Guarnolc(: ýlUMis, alý on xxxx (INK) Gimran(cc (lajnìs, Rccovcý3,- anci Status Gklirn!11C(: (. jniln ýlìrc,:oý ci cki R,:ýukA Siarz tW)sc: P R S l' Uci 0 113", 1 s PRSF - Quarterly IUFR for the period till September 30, 2015 4. Sources and Application of Funds for TA Component For the period till September 30, 2015 (INR) SIDBI Actual Particulars During the quarter Year to date Project to date Remarks Sources of funds Reimbursement received from the Bank 0 0 0 Contribution from SIDBI 8194755 8194755 8194755 Total 8194755 8194755 8194755 Application of funds Capacity, resource building and institutional strengthening 8194755 8194755 8194755 - Technical assistance and capacity building for ESCOs and PFIs 0 0 - Other market development elements 0 0 - Total 8194755 8194755 8194755 - PRSF - Quarterly IUFR for the period till September 30, 2015 5, Claim for Disbursement by the Bank (INR) Claims under Guarantee Facility Technical Assistance Claims Total claimed Total claimed including Claims disbursed by including current Claims disbursed by Particulars Current Claim current claim the Bank till date Current Claim claim the Bank till date GEF disbursement - SIDBI 0 0 0 GEF disbursement - PFI 0 0 0 Guarantee payout - CTF 0 0 0 TA reimbursement 8194755 8194755 0 Total 8194755 8194755 0 iH Partial Risk Sharing Facility for Energy Efficiency (PRSF) - Interest Calculation Equivalent Grant USD) converted INR Period of Interest No. of Days Grant(USD)amount _______________ _______ From To 12,000,000 796,620,000 15-Sep-15 30-Sep-15 16 in INR Si No Date Opening Balance Closing Balance Repo Rate Margin Effetive Earne t (R) 1 15-Sep-i5 780,946,332 780,946,332 7.25% 2% 5.25% 112,328 2 16-Sep-15 780,946,332 780,946,332 7.25% 2% 5.25% 112,328 3 17-Sep-15 780,946,332 780,946,332 7.25% 2% 5.25% 112,328 4 18-Sep-15 780,946,332 780,946,332 7.25% 2% 5.25% 112,328 5 19-Sep-15 780,946,332 780,946,332 7.25% 2% 5.25% 112,328 6 20-Sep-15 780,946,332 780,946,332 7.25% 2% 5,25% 112,328 7 21-Sep-15 780,946,332 780,946,332 7.25% 2% 5.25% 112,328 8 22-Sep-15 780,946,332 780,946,332 7.25% 2% 5.25% 112,328 9 23-Sep-15 780,946,332 780,946,332 7.25% 2% 5.25% 112,328 10 24-Sep-i5 780,946,332 780,946,332 7.25% 2% 5.25% 112,328 11 25-Sep-15 780,946,332 780,946,332 7.25% 2% 5.25% 112,328 12 26-Sep-15 780,946,332 780,946,332 7.25% 2% 5.25% 112,328 13 27-Sep-15 780,946,332 780,946,332 7.25% 2% 5.25% 112,328 14 28-Sep-15 780,946,332 780,946,332 7.25% 2% 5.25% 112,328 15 29-Sep-15 780,946,332 780,946,332 6.75% 2% 4.75% 101,630 16 30-Sep-15 780,946,332 780,946,332 6.75% 2% 4.75% 101,630 ________ __________ _________ TOTAL ______ ____ ____ 4 775851 16 3-Sep15 80,96,32 78,94,3326.7% 2% 4.7% 10,63 Hs PRSF - Quarterly IUFR for the period till September 30, 2015 Retro & Non-Retroactive Financing Breakup Retroactive Financing (for the period till March 31, 2015) 3115243 Non- Retroactive Financing (for the period from April 01, 2015 to 5079512 September 30, 2015) sub-total 8194755 2>O j< 9j PRSF - Quarterly lUFR for the period till December 31, 2015 1. PRSF - Balance Sheet as on December 31, 2015 INR Particulars Annex Ref Amount Liabilities Partial Risk Sharing Facility: GEF Guarantee Facility - SIDBI 1A 386609252 GEF Guarantee Facility - PFI 1A 398310000 CTF Sub Guarantee 1A 0 Grarantee Payable (balance) 0 Operating Fund balance 1B - Total Liabilities 784919252 Assets Cash-in-Hand/ Balance at Bank/ Investments GEF Guarantee Facility - SIDBI 386609252 GEF Guarantee Facility - PFI 398310000 CTF Sub Guarantee 0 Facility Income Total Assets 784919252 Auta e Sign toy(S ID B) 1 I JI Au4 \T 2 2 PRSF - Quarterly IUFR for the period till December 31, 2015 Annex 1A. Statement of Facility Sources and Application of Funds for the perlod till December 31, 2015 NR Paniculir GEF Guarantee GEF Guarant:e CTF Sub- Facilit - SIDBI Facilily- PFI Guarantc.e tii Fjeiutr b---~v:1 lI- besýifii iq [rr 1-ir M« lu'v! 1 : f~~~~~i~ cl F.n*.r i,...* *~K ' .j. : -.,-i ir . *EF 'I..L.:f I-.--- 0 Penalties & fi ceived 0 0 0 eTransfer in from operations Account 10094967 0 0 10094967 (iii) Total receipts/ inflows during the quarter (a to e) 10094967 0 0 10094967 (iv) Total Fund Sources (i)+(iii) 386609252 398310000 0 784919252 g Guarantee payouts - final tranch 0 0 0 0 hjTransfer out to Operations Account 0 0 0 0 vi Total payments/ outflows during the quarter (f to h) 0 0 0 0 (vii Fund balance at the end of the quarter (iv-vi) carrid forward to IUFR I 386609252 398310000 0 784919252 H O2 2K PRSF - Quarterly IUFR for the period till December 31, 2015 Annex 1B. Facility Operations Account for the period till December 31, 2015 showing income received and expenses incurred during the quarter (INR) Actual Particulars Remarks During the qr Year to date Project to date Opening balance 1 '851 - Add Interest on Facility cash balances 9276663 11052514 11052514 - Add guarantee fees received from SIDBI 0 0 0 - Add guarantee fees received from PFIs 0 0 0 Add transfer from facility account (GEF - SIDBI) 4591535 21795715 21795715 Less transfer to facility account (GEF - SIDBI) 10094967 10094967 10094967 - Total inflow 5549082 22753262 22753262 - Less: Fixed management fee paid to SIDBI 4591535 6122047 6122047 - Variable management fee paid to SIDBI CTF front end fee - 15124623 15124623 - CTF guarantee fee 957547 1506592 1506592 - M&V fees and costs End to end solutions Salaries of contractual staff of PMU Admin & others operating expenses of PMU Audit fees Total outflow 5549082 22753262 22753262 - Closing balance 0 - Note. he interest income as well as the CTF guarantee fee pertains to the quarter expenses, however, these are not reflecting in the GL [ eport till December 2015 since the vouching has been done in the month of January 2016. For the purpose of reporting and give orrect income and expenditure income, these have been shown under current quarter. 2 1 ó Na ~ i ' \'e -o 7 4C ---- -- - - - zx 77 ∼／ : ）七 니‘ y눕‘& , 츤 구긺 ，톤 .. · &.; ,- & ; & ; ，ㅗ . 1구넌： ㅓ ㅏL. 奉J .& & 팝 , & 나〃α 靷 .& ｀니 ∥ & 』． ．■겯 식［ & & , ·‘ . ．」 ｀「 「 ,, · 쟈 밂 . . . 弱 니棧 ｀∥， & lr，「｀ ：軟‘) &, 円％ ; 衲，. · ．ㄴ？ : . 츤 구 . 11(& ，巨‘ i, 꺼， ；느 「여 :: 渚므 ，γ :&& 」 轍 혀 .’익1,? －出 鱗 & 씨 1l ，노衼 & 슥부飇｀。 믐，m沚뀌 ,, 니 & ．긴 .．■새川ㅆn｀녠””· ，논꼽 ：汕젼 :] 치JJ· 許：: 뜨「＼스；，긴｀[，씻J「겠겸；；인슨〉:；■I:1무얏〃｀&l」졌：毓 ‘색：르슨딨｀:&&．큐．■겸F硼：1,；섬：■■닒；『；J－「뜅스넉‘.& PRSF -Quarterly I UFR for the period till December 31, 2015 4. Sources and Application of Funds for TA Component For the period till December 31, 2015 (1 NR) SIDBI Actual Particulars During the Remarks Year to date Project to date quarter Reimbursement received from the Bank 8194755 81947.55 81941,55 Sources of funds - Contribution from SIDBI 1221641 9416396 9416396 - Total 1221641 9416396 9416396 Application of funds - Capacity, resource building and institutional 804541 8999296 8999296 - strengthening Technical assistance and capacity building for 417100 417100 417100 - ESCOs and PFIs Other market development elements 0 0 0 Total 1221641 9416396 9416396 2 A N' PRSF - Quarterly IUFR for the period till December 31, 2015 5. Claim for Disbursement by the Bank (INR) Claims under Guarantee Facility Technical Assistance Claims Particulars Total claimed . Total claimed Claims disbursed by Ttlcamd Claims disbursed by Current Claim . Current Claim including current including current claim the Bank till date the Bank till date claim GEF disbursement - SIDBI 0 0 0 GEF disbursement - PF] 0 0 0 Guarantee payout - CTF 0 0 0 TA reimbursement 1221641 9416396 8194755 Total 1221641 9416396 8194755 HO . ... ...... Pu 2 付＋尚“中抑 珊髒〕 PRSF - Quarterly IUFR for the period till March 31, 2016 1. PRSF - Balance Sheet as on March 31, 2016 Particulars. "' ill 'R; Annle,x Refl Amount Liabilities Partial Risk Sharing Facility GEF Guarantee Facility - SIDBI IA 391,248,010.00 GEF Guarantee Facility - PFJ IA 398,310,000.00 CTF Sub Guarantee IA Guarantee Payable (balance) Operating Fund balance 113 Total Liabilities 789,558,010.00 Assets Cash-in-Hand/ Balance at Bank/ Investments 789,558,010.00 Tota I Assets 78915581010.00 Authorized or (SIDBI) -------- -Sig H, 0, PRSF - Quarterly IUFR for the period till March 31, 2016 Annex IA. Statement of Facility Sources and Application of Funds for the period till March 31, 2016 INR Particulars GEF Guarantee Facility - GEF Guarantee Facility - CTF Sub- SIDBI PFI Guarantee Total ( Fc t M ne t [n.v_ _p-_ inr.r,j c.t [he q,_r_ _ _ b'J. 4 2s2 0 1 ICC. 00 -. ,19,25 2.00 (ii) Add: Receipts/ inflows during the quarter a Amounts received from GEF (one time) b Amounts received from CTF (recurring) c Recoveries against payouts - d Penalties & fines received efTransfer in from Operations Account 4,638,758.00 4,638,758.00 (iii)Total receipts/ inflows during the quarter (a to e) 4,638,758.00 - - 4,638,758.00 (iv) Total Fund Sources (i)+(iii) 391,248,010.00 398,310,000.00 - 789,558,010.00 (v)Less; Payments/ outflows during the quarter: f Guarantee payouts - first tranch g Guarantee payouts - final tranch h Transfer out to Operations Account (vi) Total payments/ outflows during the quarter (f to h) vfl) Fund balance at the end of the quarter (iv-vi carrid forward to IUFR 1 391,248,010.00 398,310,000.00 - 789,558,010.00 PRSF - Quarterly IUFR for the period till March 31, 2016 Annex 1B. Facility Operations Account for the period till March 31, 2016 showing income received and expenses incurred during the quarter (INR) Actual Particulars During the qr Year to date Project to date Remarks Opening balance Add Interest on Facility cash balances 9,295,379.00 20,347,893.36 20,347,893.36 Add guarantee fees received from SIDBI Add guarantee fees received from PFIs Add transfer from facility account (GEF - SIDBI} 21,795,715.00 21,795,715.00 - Less transfer to facility account (GEF - SIDBI) 4,638,758.00 14,733,725.00 14,733,725.00 - Total inflow 4,656,621.00 27,409,883.36 27,409,883.36 - Less: Fixed management fee paid to SIDBI 4,616,338.00 10,738,385.00 10,738,385.00 - Variable management fee paid to SIDBI CTF front end fee 15,124,623.00 15,124,623.00 - CTF guarantee fee 1,506,592.00 1,506,592.00 - M&V fees and costs End to end solutions Salaries of contractual staff of PMU Admin & others operating expenses of PMU 40,283.00 40,283.00 40,283.00 Audit fees Total outflow 4,656,621.00 27,409,883.00 27,409,883.00 - Closing balance H 0 NOTE: THE AMOUNT OF EXCESS INTEREST INCOME TRANSFERRED TO PRSF SIDBI LENDING WINDOW ACCOUNT FROM THE OPERATIONS ACCOUNT IS NOT REFLECTED IN THE GL REPORT FOR THE PERIOD JANUARY 01, 2016 TO MARCH 31, 2016, SINCE THE VOUCHER WAS PASSED ANLY ON APRIL 26, 2016. FURTHER THE AMOUNT TRANSFERED TO PRSF SIDBI LENDING WINDOW ACCOUNT SHALL BE DEEMED TO BE .TRANSFERED ON MARCH 31, 2016 FOR THE PURPOSE OF CALCULATING INTEREST INCOME FOR THE PERIOD APRIL 01, 2016 TO JUNE 30, 2016. 華擊響 斗1絀汙丰 雜藝羹 方｀黝州一 PRSF - Quarterly JUFR ror tne period till MarcR 31, 2016 4. Sources and Application of Funds for TA Component For the period till March 31, 2016 SID131 Actual Particulars During the quarter Year to date Project to date Remarks P,einiL,i-jr--.eiiieiil receiý,cJ from trie- 83rlPý 1.2 2 116.11 00 9,4 16,396 00 9, -116, 3 9 6 00 Sources of funds Contribution frorn SIDBI 2,238,692.00 11,655,088,00 11, 55,088.00 - Total 2,238,692.00 11,655,088.00 11,655,088.00 Application of funds - Capacity, resource building and institutional 1,849,083.00 10,848,379.00 10,849,379,00 - strengthenling Technical assistance and capacity building for 389,609.00 806,709.00 806,709.00 - ESCOs and PFIs Other market development elements - - - - Total 2,238,692.00 11,655,088.00 11,655,088.00 i1.0 Ä b-- PRSF - Quarterly IUFR for the period till December 31, 2015 5. Claim for Disbursement by the Bank (INR) Claims under Guarantee Facility Technical Assistance Claims Particulars C Total claimed Claims disbursed by Total claimed including current Claims disbursed by Current Claim Current Claim including current claim the Bank till date claim the Bank till date GEF disbursement - SIB GEF disbursement - PFI Guarantee payout - CTF TA reimbursement 2,238,692.00 11,655,088.00 9,416,396.00 Total 2,238,692.00 11,655,088.00 9,416,396.00 .2 CN H.7 N Sj 繃獵 斗斗你斗·一