JiangXi Provincial Audit Office of the People's Republic of China Audit Report [2020] 8 JIANGXI AUDIT REPORT [2020] No. 8 Project Name:Jiangxi Agricultural Products Circulation System Construction Project Financed by the World Bank : 8800-CN Loan No.: 8800-CN Project Entity: Jiangxi Provincial Department of Agriculture and Rural Affairs Adtifr [: 2018* 5 ] 1 F 2019 12 } 31 F Accounting Period : May 1, 2018 - December 31, 2019 目录 ContelltS ……一…… 口口口．.．尸～一－- 一、审计师意见 审计师意见 江襼省农业农村厅： 我们审计了世界银行贷款江襼农产品流通体系建设项目2帆9年12月 31日的资金平衡表，以及截至该日同期间的项目进度表、贷款协定执行情 况表和专用账户报表等特定目的财务报表及财务报表附注（第6页至第23 页）。 （一）项目执行单位对财务报表的责任 簖制上述财务报表中的资金平衡表、项目进度表、贷款协定执行情况 表及财务报表附注是你单位的责任，编制专用账户报表是江西省财政厅的 责任。这种责任包括： 1．按照中国的会计准则、会计制度和本项目贷款协定的要求编制项目财 务报表，并佼其实现公允反映； 2，设计、执行和维护必要的内部控制，以使项目财务报表不存在由于舞 弊或错误而导致的重大错报。 ;；……：…：………；：… 否存在重大错报获取合理保证。 l 为获取有关财务报表金额和披露信息的有关证据，我们实施了必要的 审计程序。我们运用职业判断选择审计程序，这些程序包括对由于舞弊或 错误导致的财务报表重大错报风险的评估。在进行风险评估时，为了设计 恰当的审计程序，我们考虑了与财务报表相关的内部控制，但目的并非对 内部控制的有效性发表意见。审计工作还包括评价所选用会计政策的恰当 性和作出会计估计的合理性，以及评价财务报表的总体列报。 我们相信，我们获取的审计证据是适当的、充分的，为发表审计意见 提供了基础。 （三）审计意见 我们认为，第一段所列财务报表在所有重大方面按照中国的会计准则、： 会计制度和本项目贷款协定的要求簖制，公允反映了世行贷款江西农产品 流通体系建设项目2019年12月31日的财务状况，以及截至该日同期间的 财务收支、项目执行情况和专用账户收支情况。 （四）其他事项 我们审查了本期内报送给世界银行的第01号提款申请书及所附资料。 我们认为，这些资料均符合贷款协议的要求，可以作为申请提款的依据。 本审计师意见之后，共同构成审计报告的还有两项内容：财务报表及 财务报表附注、审计发现的问题及建议·－ 中华人民共和国江西省审计厅 202。年5月”日 2 1 地址：江襼省南昌市疊山路209兮 ::，〕！!!:!&;!::!;::3〕 1. Auditor's Opinion Auditor's Opinion To Jiangxi Provincial Department of Agriculture and Rural Affairs We have audited the special purpose financial statements (from page 6 to page 23) of Jiangxi Agricultural Products Circulation System Construction Project Financed by the World Bank, which comprise the Balance Sheet as of December 31, 2019, the Summary of Sources and Uses of Funds by Project Component, the Statement of Implementation of Loan Agreement and the Special Account Statement for the period then ended, and Notes to the Financial Statements. Project Entity and Jiangxi Provincial Finance Department's Responsibility for the Financial Statements The preparation of the Balance Sheet, the Summary of Sources and Uses of Funds by Project Component, the Statement of Implementation of Loan Agreement and Notes to the Financial Statements is the responsibility of your entity, while the preparation of the Special Account Statement is the responsibility of Jiangxi Provincial Finance Department, which includes: i. Preparing and fair presenting the accompanying financial statements in accordance with Chinese accounting standards and system, and the requirements of the project loan agreement; ii. Designing, implementing and maintaining necessary internal control to ensure that the financial statements are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with the Government Auditing Standards of the People's Republic of China and International Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entities' preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of 4 accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is appropriate and sufficient to provide a basis for our audit opinion. Opinion In our opinion, the financial statements identified in the first paragraph present fairly, in all material respects, financial position of Jiangxi Agricultural Products Circulation System Construction Project Financed by the World Bank as of December 31, 2019, its financial receipts and disbursements, the project implementation and the receipts and disbursements of special account for the period then ended in accordance with Chinese accounting standards and system, and the requirements of the project loan agreement. Other Matters We examined the withdrawal applications No.01 and the attached information submitted to WB. In our opinion, these statements all meet the loan agreement and can be used as the basis for loan withdrawal. The audit report consists of the Auditor's Opinion and two more parts hereinafter: Financial Statements and Notes to the Financial Statements, Audit Findings and Recommendations. Jiangxi Provincial Audit Office of the People's Republic of China May 27, 2020 Address: No. 209, Dieshan Rd., Nanchang City, Jiangxi Province, P. R. China Postcode: 330006 Tel.: 86-791-86817626 Fax: 86-791-86817852 5 二、财务报表及财务报表附注 11.Financial Statements and Notesto the Financial Statements （一）资金平衡表1.Balance shect 资金平衡表 BALANCE SHEET 本期截至2019年12月31日 (As of December 31,2019) 项目名称：世行贷款江襼农产品流通体系建设项目 Pf叼eCt Name:world Bank Loan Jiangxi AgicultUral Products Circulation Systenl Construction Project 簖报单位：江襼省农业农村厅货币单位：人民币元 ENTITY NAME:Jiangxi Provincial Departnlent ofA盯iculture and Rural Affairs Cttrren即Unit:RMB Yuan 式 M1-1 ý k it 16 0.00 706.118.08 43 0.00 0.00 repaid alid Reccivabl Construction Expenditure s to be Offset 5ý & lit ff R EAI 17 44 0.00 780,134.73 Rank Loan Interest Total Pavable i_ý FuA i r, VY 18 M1.- 45 0.00 0.00 Rank Loan Commitm World Bajik Loan Interest å 15Y e-K ýk k 6 ffi 59,ý 19 ej7 46 lank Loan Service-Fe World Bank loan Coimåtni elit 20 h'ý 44 1 - 17 kJK Sj- -67 i_'i M Vk 47 .table Securities World Bank Loan S enI ce Fee 21 0.00 ý `ý` it 48 0.00 0,00 -ixed Assets Other Payables ý, ?ý,- 99 ýý 0.00 0.00 _Effi MA å 4 49 0.00 0.00 Assets. 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Special Account Statement t ffi 9 p -x SPECIAL ACCOUNT STATEMENT 9 2019 ÄF- 12 )4 31 H (For the peri ed ended December 31,2019) (ProjeetNai-ne: ) Wc>rldBaDkLoanJiangxiAgriculWmlProduetsCirculationSystel-nConstniefionProjeet 936001010009986669 (DepositoryBank/AccouriVNo.:) PostalSavingsBankofChinaSiangxiBraiichwiththeaecountliumberof 936001010009986669 8800-CN (WorldBankLoan:) 8800-CN (Ciirrency:)USD Preparedby: TheFinaiieeDepartnici-itofJiangxiProviiiec (jý) Amount Part A: Account Activity for the Period 0.00 Beginning Balance Add: 3,440,431.46 Total arnount deposited by World B ank 1,346.26 Total Interest carned this period if deposited in Special Account Total amount reftinded to cover in cligible expenditures ,UJ 9b Deduct * M --ý- 44 Aål ä0 1,778,286.16 Total amount wiffidrawn 16 Total service charges if not included in above amount X 1 9 ý1 11ý 11 0 Ending balance B IAU ýY: -t M ý1,ý P iffi 1ý Part B: Account Reconciliation i . fit Yr, ffllý IT -ä- 6ý 4 X. la ffi 3,000,000 Amount advanced by World Bank X5 Deduct Total amount recovered by World Bank 3. * 99 RH 5KN ÄV n999ý) f) 3,000,000 Outstanding amjount advanced to the0 Special Account at mnonth/day/year 4. 1ý f C ,*A ) 1,663,475.56 Ending balance of Special Account at month/day/year iPn add: 5.I4MHAk 1,337,854.7 Arnount claimed but not yet credited at mn-th/day/year Application No. Amount Arnount withdcrawni but not yet claimned 7.R 1: (ý Uký:5 QU 6 t P16 CumuiLlative service charges(if not included in item 5.Or6) k,-Deduct: 8. -#0 1,346.26 Interest earned 1(if included i Special Account) 9. *3,000,000 Total advance to Special Accounted for at monthi/daylyear 12 口口口甲．....,～一－ （五）财务报表附注 财务报表附注 1．项目情况 世行贷款江襼农产品流通体系建设项目贷款号为8800一CN，项目旨在 加强江襼高效、畅通、安全、有序的农产品流通体系建设，提高农产品稳 定均衡供给保障能力，促进农民增收、社会和谐。该项目谈判日期：2018 年3月5日，贷款协议签籲日期：2018年3月5日（贷款号：工BRD 88。。一CN), 项目协议签籲日期：2018年6月13日，生效日期：2018年5月15日， 转贷日期：2018年7月6日，关账日期：2023年12月31日。项目计划 总投资14.18亿元人民币，其中利用世行贷款1.5亿美元（约合人民币 10.41亿元）。 1.1项目区分布 项目建设涉及宜春、九江、赣州、萍乡、吉安、上饶6个市8个县（区）, 即宜春市靖安县，九江市彭泽县、九江经开区，赣州市龙南县、会昌县， 吉安市泰和县，萍乡市安源区，上饶市玉山县。 1.2项目投资安排 本项目总投资成本人民币1417钻．38万元（合20425.85万美元） 其中申请世界银行贷款人民币104100．叭万元（合15。。。万美元），占总 投资的73.44%；国内配套人民币37655.37万元（合5425.85万美元） 占总投资的26.56％。其中： 子项目A：加强生产物流（采收后和初加工）人民币投资26689.69 万元，占项目总投资的18.83%；子项目B：改善销售物流（配送中心和集 13 散平台）投资97334.75万元，占项目总投资的68,&%；子项目C：农产 品物流体系的支持服务投资3&．叨万元，占项目总投资的。．22%；子项 目D：项目管理、监测和评价投资3594．叨万元，占项目总投资的2.54%; 子项目E：项目前期准备投资4146.63万元，占项目总投资的2.93%；建 设期利息、先征费及扼诺费投资9681.3。万元，占项目总投资的6.83％。 L3项目建设内容 世行贷款江襼农产品流通体系建设项目包括：A、加强生产物流（采 收后和初加工）,B、改善销售物流（配送中心和集散平台）,C、农产品 物流体系的支持服务，D、项目管理、监测和评价，E、项目前期准备等五 个子项目。 泪… 一炭一令一井 2．财务报表编制范围 本财务报表的簖制范围包括8个县项目办公室及省项目办合并财务 报表和财政厅专用账户报表。 3．主要会计政策 3.1本项目财务报表按照财政部《世界银行贷款项目会计核算办法》 （财际字〔200。〕13号）的要求编制。 3.2会计核算年度采用公历年制，即公历每年1月1日至12月31日。 3.3本项目会计核算以“权责发生制”作为记账原则，采用借贷复式记 账法记账，以人民币为记账本位币。 3.4按照中国人民银行2019年12月31日汇率，即1美元二人民币 石．97石2元。 耳．报表科目说明 4.1项目支出 截至2019年12月31日，项目累计支出人民币26003739,63元，占 总投资计划的2％。其中： 子项目A．加强生产物流子项目支出人民币46800．叨元，占子项目A 总计划额的叫； 子项目B．改善销售物流子项目支出人民币1们66204.69元，占子项 目B总计划额的1%; 子项目D．项目管理、监测和评价费用支出人民币噜44670.50元，占 15 子项目D总计划额的1%; 子项目E．项目前期准备支出人民币3730829．肠元，占子项目E总 计划额的9%; 支出项目建设期利息人民币879543．朽元，占该类计划的1%; 支出项目先征费人民币2573700元，占该类计划的99呱 支出项目扼诺费人民币4似9987.33元，占该类计划的59%; 汇兑损益人民币142004.61元。 4.2货币资金 2019年12月31日货币资金余额为人民币12499891.20元，全部为银 行存款，其中专用账户存款人民币11604738.2。元。 4.3预付及应收款 2019年12月31日预付及应收款余额为人民币706118．岭元。 4．斗项目拨款 2019年12月31日项目拨款余额为人民币6852031.93元，其中县级 配套为人民币6 5 5 2 031.9玩、建设单位自筹为人民币3的叨0.0玩· 项目计划配套资金总额人民币3765537。。．00元，截至2沮9年12月 31日到位配套人民币6852031.93元，占计划的2％。 4.5项目借款 2019年找月31日项目借款余额为人民币31568302．的元，全部为 世行贷款。 、二。。，。粗，。日洲日，累计提取世界银行贷款资金人民币 截至2019牛上z月似。，尔。．、抵二”－二。，、月＊、，、一 315683胜．09元，占贷款总额的3％。其中：市场基础设施建设、货物、咨 ～、．、曰二），。了，。月n二、二n。。异士；六米布十劫｝件勃的1%; 询服务和其他累计提款人民币12405679·89兀，占议尖计戈，冥秋口”&/v, 16 } 先征费、建设期利息及扼诺费累计提款人民币7567164,16元，占该类计 划贷款的8%；专用账户人民币n595458.04元。， 4.6应付款 2019年12月31日应付款余额为人民币780134.73元。 5．专用账户使用情况 本项目已开设专用账户，开户银行名称／账号：邮政储蓄银行江西省 分行936。。1010009986669，币种为美元。专用账户首次存款总额 3000000．。。粎元，本期期初余额O粎元，本期回辛l·3440431。46美元，利 息收入1346.26粎元，本期支付1778286.16美元，未包括在支付额中的 服务费支出16．。。粎元，期末余额为1663475美元。 6．其它需要说明的事项 本项目是从2018年5月开始建账，但在此前发生的与项目有关的费 用，如：可研报告簖制费、环境评价报告编制费等费用一并在2018年度 内进行核算。 v. Notes to the Financial Statements Notes to the Financial Statements 1. Project Overview gricultural Products Circulation The loan number of Jiangxi A I System Construction Project Financed by the World Bank is No.8800-CN, This project aims to strengthen the construction of efficient, unimpeded, safe and orderly agricultural products circulation system in Jiangxi, improve the capacity to guarantee stable and balanced supply of agricultural products, and promote the increase of farmers' income and social harmony. The negotiation date of the project was March 5, 2018. The Loan Agreement was signed on March 5, 2018 (Loan No.: IBRD 8800-CN) and Project Agreement signed on June 13, 2018. The Loan Agreement came into effect on May 15, 2018, the re-lending date was July 6, 2018, and the account closing date is December 31, 2023. The total planned project investment is FJV113 1.418 billion yuan, among which USD 150 million(about FJVIB 1.041 billion yuan) is the World Bank loan. 1. 1 Covering areas of the project The project involves 8 counties (districts) in 6 cities, i.e. Jingan County in Yichun City, Pengze County and Economic Development Zone in Jiujiang City, Longnan County and Huichang County in Ganzhou City, Tailie County in Ran City, Anyuan District in Pingxlang City, and Yushan County in Shangrao City. 1.2 Project investment arrangement The total project investment is RMB 1,417,553,800 yuan (USD 2045258,500), among which World Bank loan is RMB 1,041,000,100 yuan (USD 150,000,000), accounting for 73.44% of the total; domestic supporting facilities RMB 376,553,700 yuan (USD 54,258,500), accounting for 26.56% of the total. Among them: Component A. Improving production circulation: RMB 266,896,900 yuan, accounting for 18.831% of the total; Component B. Improving sale circulation (distribution center and distribution platform): RMB 973,347,500 million yuan, accounting for 68.66% of the total; Component C. Supporting services of agricultural product circulation system: RMB 3.09 million yuan, accounting for 0.22% of the total; Component D. Project management, supervision and evaluation: RMB 35.94 million yuan, accounting for 2.54% of the total; Component E. Early preparation: RMB 41,466,300 yuan, accounting for 2.93% of the total; the interest, front-end fee and commitment fee investment in the construction period is RMB 96,813,000 million yuan, accounting for 6.83% of the total. 1.3 Project construction components The project components include: A. Improving production eirculation(post harvest and primary processing) B. Improving sale circulation(distribution center and distribution platform) C. Supporting services of agricultural products logistics system D. Project management, monitoring and evaluation, E. Early preparation. S.N. Sub project Main Component ( Support the establishment and improvement of farmers' professional cooperative organizations and family farms; Z provide technical support services; © support brand building of agricultural products; ( support Component A.Improving e-commerce for agricultural products; S I production circulation(post support professional farmer cooperatives, harvest and primary processing) farmers, etc.to establish agricultural information cooperatives; 9 improve the capacity building of cooperatives; (7) support the improvement of primary processing in producing area, storage and transportation facilities of agricultural products. 19 (1) Market infrastructure construction: 0 build 5 comprehensive modern distribution platforms of agricultural products (Jing'an, Huichang, Taihe, Anyuan, Longnan), transform 1 comprehensive modern distribution platform of agricultural products(Yushan, including 2 new township demonstration markets), build 2 professional modern distribution platforms of agricultural products(for Pengze cotton, Component B.Improving sale. Circlon(t.ributin cene aquatic products of Jiujiang Economic 2 ircula(distribution ) Development Zone); Olmprove the cold and dtchain, storage and transportation facilities and equipment of agricultural products distribution in 8 project counties. (2) Market information system: 0 improve distribution electronic information system of agricultural products, 0 develop county-level e-commerce operation platform of agricultural products. (3) Project technical support: @support services for market construction and operation,D bidding and supervision fees. © Carry out the special research on the circulation system of agricultural products of Jiangxi Province, Z Jiangxi PMO Component C. Supporting formulates the construction and 3 services of agricultural product development plan of provincial level circulation system circulation system of agricultural products after study, 0 improve capacity building of the circulation system of agricultural products. 20 Component D. Project Support project implementation agencies to 4 management, supervision and comprehensively improve project evaluation coordination, management, monitoring and evaluation capabilities. Carry out preliminary preparations for 5 Cenvironmental assessment, energy saving assessment, social assessment, feasibility study report, survey, design, etc. 2. Consolidation Scope of the Financial Statements Consolidation scope of the financial statements covers the financial statements prepared by 8 project county offices and consolidated by Provincial Project Office, and the Special Account Statement prepared by Jiangxi Provincial Finance Department. 3. Accounting Policies 3.1 The Financial Statements of the project were prepared according to the requirements of Accounting Methods for the World Bank Financed Projects (Caijizi[2000]No. 13). 3.2 In accounting practice, the Gregorian calendar year is adopted as the fiscal year from January 1 to December 31. 3.3 The accrual basis and the debit/credit double entry bookkeeping method are adopted. RMB is used as the recording currency of bookkeeping. 3.4 The exchange rate adopted in the financial statements was the exchange rate on December 31, 2019 of the People' s Bank of China, which is USD 1= RM`B 6.9762 yuan. 4. Explanation of Subjects 4.1 Total Project expenditures The cumulative project expenditure was RMB 26,003,739.63 yuan, accounting for 2% of the total investment plan. Among them: For Component A. Improving production circulation(post harvest and primary processing): RMB 46,800.00 yuan, accounting for 0% of the total planned amount of Component A; Component B. Improving sale circulation (distribution center and distribution platform): RMB 14,166,204.69 yuan, accounting for 1% of the total planned amount of Component B; Component D. Project management, supervision and evaluation: RMB 444,670.50 yuan, accounting for 1% of the total planned amount of Component D; Component E. Early preparation: RMIB 3,730,829.05 yuan, accounting for 9% of the total planned amount of Component E; IDC is RMB 879,543.45 yuan, accounting for 1% of such category; Front-end fee is RMB 2,573,700, accounting for 99% of such category; Commitment charges is RMB 4,019,987.33 yuan, accounting for 59% of such category; Exchange gain/loss is RMB 142,004.61 yuan. 4.2 Total Cash and Bank On December 31, 2019, the balance was RMB 12,499,891.20 yuan, all was bank deposits, including special account balance RMB 11,604,738.20 yuan. 4.3 Total Prepaid and Receivable Its balance on December 31, 2019 was RMB 706,118.08 yuan. 4.4 Total Project Appropriation Funds The balance on December 31, 2019 was RMB 6,852,031.93 yuan, which were the counterpart funds allocated by governments at county levels is RMB 6,552,031.93 yuan and self-funding is RMB 300,000.00 yuan. The planned total counterpart funds in the project were RMB 376,553,700.00 yuan. By the end of December 31, 2019, RMB 6,852,031.93 yuan of the counterpart funds had been received, which accounted for 2% of the total. 4.5 Total Project Loan The balance on December 31, 2019 was RMB 31,568,302.09 yuan, all is WB loan. As of December 31, 2019, accumulated USD 31,568,302.09 of the WB loan had been withdrawn, accounting for 3% of the total, among which, RMB 22 12,405,679.89 yuan for market infrastructure, goods, consulting services and others, accounting for 1% of this category; USD 7,567,164.16 for front-end, interest and commitment charges, accounting for 8% of this category and USD 11,595,458.04 in the special account. 4.6 Total Payable The balance on December 31, 2019 was RMB 780,134.73 yuan. 5. Special Account The Special Account of the loan is opened in Postal Savings Bank of China, Jiangxi Branch with the account number of 936001010009986669 with USD as the currency. The Amount advanced by WB in the Special Account is USD 3,000,000,00. The beginning balance was USD 0.00, total amount deposited by World Bank was USD 3,440,431.46, interest earned was USD 1,346.26, total amount withdrawn was USD 1,778,286.16, the total service charges if not included in above amount was USD 16.00. Thus, the ending balance was USD 1,663,475. 6. Other matters The project account starts from May 2018, but the expenses related to the project occurred before such as the preparation cost of feasibility study report, the preparation cost of environmental assessment report, etc., are accounted in 2018. 23