%y Indian Audit and Accounts Department Office of the Accountant General (G&SSA) Madhya Pradesh, Audit Bhawan, Gwalior Dedicated to Truth n Pubic interest ~T 30, #9a4 k vAv, edì<- 425001 (nw£rdr) CWTM-lfEíà RMsP 7 d 2018-19 ct 7F4WT -I tìì (V- 70 5doç0o- 095549 /?fR) 31 rý # 2018-19 - -Wi SM 110011 gtg-/ýTTagoto/omo- flèl]e wí í']N,- gTi9d ý-4 STýn q>ds i4A tq gflíut- 1 - fýbiqm -,ì« tíuli,onogo (SUTP) fk*uT n-r, Av'ìuTi suff-ý u14 , -4( íceîi - 110011 1 2- 75U ufle 4-ib WFfnnT -;:ìa VZTFi-: C4EF C4-,i M firer ennmetwr ì4~) y oí esìTr3fe4 Audit Opinion Repo)rt on the Project Financial, Statements TWH'e have audited the accompanying Finanal Statenient of the Sustainable Urban Transport Project financed under GEF Grant No TF 095549 IN, which comprise the Statement of Sources and Applications of Funds and the Reconciliation of claims to total Applications of Funds for the year ended 311t March 2019. These statements are the responsibility of the Project's Management. Our responsibility is to express an opinion on the accompanying Financial Statements based on our audit. We conducted our audit in accordance with the Auditing Standards promulated by the Comptroller and Auditor General of India. Those Standards require that we plan and perform the audit to obtain reasonable assurance about whether the Financial Statements are free of material misstatement Our audit examines, on a test basis, evidence supporting the amounts and disclosure in the Financial Statements. It also includes assessing the accounting principles used and significant estimates made by Management, as well as evaluating the overall statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the Financial Statements present fairly, in all material respects, the sources and applications of fund of sustainable Urban Transport Project GEF Grant No TF 095549 IN for the year 2018-19 in accordance with Government of India accounting standards. IT at - ,r to tatement of Source & Application of funds, adequate supporting documentation has been maintained to support claims to the World Bank for reimbursements of expenditures incurred, and (b) except for ineligible expenditure as detailed in the audit observation, if any, appended to this audit report, expenditure are eligible for financing under GEF Grant No TF 095549 JN. During the course of the audit, IUFRs and the connected documents were examined and these can be relied upon to support reimbursement under the Grant Agreement and details of the same as follows; (Amount in ) SI.No. Application No. 1Total Expenditure for the Reimbursement amount for year ending 311t March, the year ending 31"t March, 2019 2019 1 Not applicable Z 13.98 Million Z 13.95 M111ll I This report is issued without prejudice to CAG's right to incorporate the audit observation in the Report of CAG of India for being laid before Parliament/State Legislature. Enclose- Annexure-A (DR. MOHAMN/MAD SUHTAIL FAZAL) Deputy Accountant General /Social Sector-Ill 3ft n;j,WA ft ; 4 fc;P -474 0 02, ip'q: 0751-2323504, 2323505, 2436827, *:f 0751-2631290 AUDIT BHAWAN, JHANSI ROAD, GWALIOR-474002 Telephone: 0751-2323504, 2323505, 2436827, Fax: 0751-2631290 E-mail : agaumadhyapradeshl@cag.gov in Cr� � ;�j СС GИ'\ � г N � р Г, � С ° � 9 ' � I N ° � , О � г�J оС L -б .-- � � 'L � �, � О .."�+� � л ^ � о "�"�, й � � � � � х ° > � � о � с .с ее � � 'с� -O о 'с� �. да д � ° " ai с. � �. ,о -• � � > г��' о � С v � i V а� � у � .� ` � �,'-°°�-�°°.--- , � � г' i ш rn �� ��'�. � с а . д � °° � : � о � с � ' ;�. � � ` ° � � ``-�� с� � �- � `� Dw М/ и � С ° о � Е'. р'�р � � ��q Q ;."�, i i. � С � о о � � н- с�'J ' 7 О � С. i �U ^ � ,о 01 � . ы � � л с °�° � �' с �cj �� о ьд � � оо й N '"' л --I N "6 i � � ' ° С 1 с� '' С ¢ � � ^ :J С Ci а' � .� ги А � С � с� � а � � � b rn ы � ..° ,� W с'"е � ,У о � _ � � � к ° � 4 � д с д к w � L L о � � У � � � � � с � � о =о -в с�у г� 3 � м д � � о о � а� о х о .-. �'�„ W � м л � � С � I �. � у о � ; � � .х с �. `° к °о � о� й и; w -а � т �у с �р С � � • �, � ос ш о � ,д л о N � L :v -а � сч ' а w ;� �, о � о п о к о о,_ ы Е-� [=1 f� U м � � о Z � �; � _ � � � '3 с� � � С ° i П � О � И � П-r. G�'1 � С� � t-'� га�, О � Z � _ � г/� И