NEPAL INDIA REGIONAL TRADE AND TRANSPORT PROJECT (NIRTTP) Date: - 22 March 2019 To, Mr. Deepak Man Singh Shrestha Task Team Leader The World Bank Nepal Country Office Yak and Yeti Hotel Complex Kathmandu. Sub: - Nepal India Regional Trade and Transport Project (NIRTTP) (IDA Credit No.:- 5273-NEP) Audited Project Account, Fiscal Year - 2017/2018(2074-075) Dear Sir/Madam Please find enclosed herewith a copy of Audited Project Account of Nepal India Regional Trade and Transport Project for the Fiscal Year 2017/2018 (2074/075) under the IDA Credit No.: 5273-NEP. Thanking You. Yours Sincerely, (Sapana Adhikari) Account Officer Cc: Office of Auditor General, Babar Mahal. Ministry of Physical Planning and Works, Singha Durbar. Financial Comptroller General Office, Reimbursement Section, Anamnagar. Director General, Department of Roads, Babar Mahal. Ref. No.-2075/76 - 496 Date: March 14, 2019 INDEPENDENT AUDITOR'S REPORT The Secretary Ministry of Finance Singh Durbar, Kathmandu Report on the Financial Statements We have audited the accompanying Project Financial Statements including Statement of Designated Account and Statements of Expenditures (SOEs) of the "Nepal India Regional Trade and Transport Project" financed by IDA Credit No S273-NEPas at 16" July 2018 (32" Ashad, 2075) and for the year then ended and a summary of accounting policies and other explanatory notes. Management's Responsibility for Financial Statements Management is responsible for the preparation and fair presentation of the Financial Statements in accordance with the Government of Nepal (GON) accounting policies and relevant practices. This responsibility included designing, implementing and maintaining internal control relevant to preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud and error. Auditor's Responsibility Our responsibility is to express an opinion of these Project Financial Statements based on our audit. We conducted our audit in accordance with the INTOSAI (International Organization of Supreme Audit Institutions) Fundamental Auditing Principles. Those principles require that we 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 entity's 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 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 sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the Project FinanciaJ Statements including Statement of Designated Account in all material respects, give a true and fair view of the financial position of the "Nepal India Regional Trade and Transport Project" as of 16th July 2018 (32 dAshad 2075), and of the results of its operations and its cash flows for the year then ended in accordance with GON accounting policies. We also report that funds provided under IDA Credit No 5273-NEP has been utilized for intended purposes. In addition with respect to SOEs a) adequate supporting documentation has been maintained to support claims to donors for reimbursement of expenditures incurred; and h) expenditures are eligible for financing und r the above mentioned Loan . Wurarn Gautam Deputy Auditor General GOVERNMENT OF NEPAL MINISTRY OF PHYSICAL INFRASTRUCTURE AND TRANSPORT DEPARTMENT OF ROADS NEPAL INDIA REGIONAL TRADE AND TRANSPORT PROJECT (NIRTTP) IDA Credit No.: 5273-NEP (IDA Project ID Number: PI 44335) Audited Project Account FY 074-75 (2017/2018) (Period between 16 July 2017 to 16 July 2018) Kathmandu Nepal Department of Roads Nepal India Regional Trade and Transport Project Under IDA Credit No.5273-NEP Sources and Uses of Fund F.Y. 2074/03/olto 2075/03/32 Period: 16 July 2017 to 16 July 2018 Description Notes Cumulative Upto Reporting FY 2074/75 Cumulative to AJc Last Year Total to Date Budget Allocation 5,409,138,3D4.00 2,560,719,000.00 7,969,857,304.00 A) Receipt: GoN Fund 1 62,254,896.31 63,079,827.90 125,334,724.21 GON Reimbursable Fund 197,754,655.61 408,899,564.45 606,654,22006 IDA Credit 1,427,883,329.07 1,391,375,613.63 2,819,258,942.70 Direct Payment . Designated Account Replenishable 1 - Transfer K 17 99,721,707,97 (99,721,707.97) Direct Payment 17,856,847.51 (10,922,514.82) 6,934,332-69 Total Fund Received05 4 7 ,7S20 -7.s.19 -558,182,219.66 B) Uses of Fund: a) Goods,works, non-consulting services and consultants' sevices including training and 2.1 1,743,216,540.16 1,689,630,955.29 3,432,847,495.45 workshop for Category 3. Part C1 b) Project Costs including Operating Costs (Government Source) 2.1 62,254,896.31 63,079,827.90 125,334,724.21 Tota I Uses of Fund 1,805,471,436.47 1,752,710,783.19 3,558,182219.66 Designated Account Statement{NRs) 1) Opening Cash Balance in DA 397,089,115.78 2) Fund Received From IDA 3 1,921,182,87653 1,400,460,061.36 3,321,642,937.89 3) Total Cash Available(1+2) 1,921,182,876.53 1,797,549,177.14 3,321,642,937.89 4) Less: Transfer to Gov. Treasury Account 3 1,475,290,284.50 1,229,510,464.74 2,704,800,749,24 5) Less: Direct Payment 70,171,600.05 51,220,926.10 121,392,526.15 6) Foreign Exchange Gain/Loss 3 21,368,123.80 22,951,163.47 44,319,287.27 7) Closing Designated ACCount Balance 397,089,115.78 539,768,949.77 539,768,949.77 9.Total 397,089,115.78 539,768,949.77 539,768,949.77 Sury Prasad e- Sapana Adhikari Keshab Kumar Sharma Surys Mani Gautam Rabindra Nath Shresthe Ru ra i mLamichhane Madhu Sudhan Adhikari Gautam Bauramn Gautam Account Officer Project Coordinator Chief Account Controller DG Under Secretary Secretary FCG Deputy Auditor General NIRTTP NIRTTP DOR DOR MoPIT MoPIT FCGO OAG Note - 1 Ministry of Physical Infrastructure & Transport Department of Roads Nepal India Regional Trade and Transport Project Under IDA Credit No.5273-NEP Supplementary Report of Sources and Uses of Fund F.Y. 2074/03/01to 2075/03/32 Period: 16 July 2017 to 16 July 2018 Amount in NPR Notes Cumulative Upto Reporting FY 2074/75 Cumulative Description to A/c Last Year Total to Date Release: A). GoN Fund 2.1 62,254,896.31 63,079,827.90 125,334,724.21 GoN Reimbursable Fund 2.1 1,673,044,940.11 1,647,465,672.06 3,320,510,612.17 Direct Payment 70,171,600.05 51,220,926.10 121,392,526.15 Total (A) 1,805,471,436.47 1,761,766,426.06 3,567,237,862.53 Unspent Balance Transfer to Treasury A/C From DA 3 1,475,290,284.50 1,229,510,464.74 2,704,800,749.24 To be deposite in central tresuary 9,055,642.87 9,055,642.87 (refund to the government) Direct Payment 70,171,600,05 51,220,926.10 121,392,526.15 Total 1,545,461,884.55 1,289,787,033.71 2,835,248,918.26 Total GoN Fund 62,254,896.31 63,079,827.90 125,334,724.21 Total Reimbursable Fund 197,754,655.61 408,899,564.45 606,654,220.06 Sapana Adhikari Keshab Ku ar Sharma Account Officer Project Coordinator NIRTTP NIRTTP Ministry of Physical Planning and Works Department of Roads Nepal India Regional Trade and Transport Project Consolidated Statement of Expenditure Budget Head: (3373303 and 3373304) F.Y. 2074/03/01to 2075/03/32 Period: 16 July 2017 to 16 July2018 Cum. Government Cumulative Item Description IDA Budget Total Expenditure Balance Budget CumEpenie N. Description Exp. upto, Budget Allocation AloainTotal Budget (y27/8Amut% Expenditure No. 09 po nue loain Allocation (Fy 2017/18) Amount FY 2016/17 to Date 11 13(9/6*10 1 2 3 4 5 6(4+5) 10 (10/6* 100) 12 (6-10) 0) 10(3+7) 21111 Salary 7,526,773.36 4,459,00000 4,459,000.00 2,156,756.80 0.48 2,302,243.20 0.52 9,683,530.16 21112 Local Allow. - - - - - - 21113 Dearness Allow. 221,410.00 108,000.00 108,000.00 51,500.00 0.48 56,500.00 0.52 272,910.00 21119 Mis. Allow. 53,500.00 36,000.00 36,000.00 24,600.00 0.68 11,400.00 0.32 78,100.00 21121 Cloth 150,000.00 68,000.00 68,000.00 67,500.00 0.99 500.00 0.01 217,500.00 22111 Water & Elec. 170,516.00 66,000.00 66,000.00 53,479.00 0.81 12,521.00 0.19 223,995.00 22112 Comm. 194,563.77 72,000.00 72,000.00 72,000.00 1.00 - - 266,563.77 22121 Rent 1,164,100.00 396,000.00 396,000,00 344,400.00 0.87 51,600.00 0.13 1,508,500,00 22211 Fuel 1,065,296.04 140,000.00 140,000.00 200,000.00 1.43 (60,000.00) (0,43) 1,265,296.04 22212 Re. & Maint. 662,948.25 110,000.00 110,000.00 160,000.00 1.45 (50,000.00) 822,948.25 22213 Insurance 81,740,00 36,000.00 36,000.00 35,640.00 0.99 360.00 0.01 117,380.00 22311 Office Exp. 1,810,843.57 540,000.00 540,000.00 640,000.00 1.19 (100,000.00) (0.19) 2,450,843.57 22411 Cons. Sers, 486,137.36 162,000.00 162,000.00 24,000.00 0.15 138,000.00 0.85 510,137.36 22412 Other servs. 2,479,653.00 1,247,000.00 1,247,000.00 1,187,030.00 0.95 59,970.00 0.05 3,666,683.00 22611 Mon/Eva. Exp. 350,000.00 51,000.00 51,000.00 51,000.00 1.00 - - 401,000.00 22612 TADA 123,050.00 37,000.00 37,000.00 87,000.00 2.35 (50,000.00) (1.35) 210,050.00 22711 Misc. 168,881.00 48,000.00 48,000.00 47,406.00 0.99 594.00 0,01 216,287.00 A. Ttal of Recurret (3371303) 16,709,412.35 757,00.00 - 7,576,000.00 5,202Z31180 9.69 2,373,688.20 .0.31 .2t11724.15 29111 Land pur. 20,119,663.76 800,000.00 800,000.00 318,387.00 0.40 481,613.00 0.60 20,438,050.76 29311 Furniture 618,501.00 -- - 618,501.00 29411 Vehicle 16,254,168.00 - - - - 16,254,168.00 29511 Equipment 1,396,781.00 - - - - 1,396,781.00 29611 Pub.ConADA. 1,557,924,178.14 149,445,000.00 2,182,777,000.00 2,332,222,000.00 1,620,354,273.91 0.69 711,867,726.09 0.31 3,178,278,452.05 29711 Cons. Ser. 192,448,732.22 220,121,000.00 220,121,000,00 135,891,453.35 0.62 84,229,546.66 0.38 328,340,185.57 <>B. Total of Capita 1,788,762,024.12~ 150,245,000.03 2,402,898,000.00 2,55343,00A)0 11756564114.6 0.69 796,578,885.75 01 3,545,326,13838 C. TOTAL 1,S,471;436,47 157,821,000.00 2,402,898,000.00 2,560,719,00000 1,7617 66,426060 09 X798,952,373.95 0.31 ,567,237,86Z.3 10 be aeposite In central tresuary (refund to the 9,055,642.87 9,055,642.87 9,055,642.87 government) Total 1,805,471A36.47 1S7,821,000.00 2,402,898,000,00 2,560,719,000.00 1,752,710,783.19. 789,8I,931.08 3,553,182,219.66 Sapana Adhikari Keshab Kum Sharma Accounts Officer Project Coordinator NIRTTP NIRTTP Aote - 2 Ministry of Physical Planning and Works Department of Roads Nepal India Regional Trade and Transport Project Statement of Expenditure by GON Budget Heads Budget Head : (3373303 and 3373304) F.Y. 2074/03/Olto 2075/03/32 Period: 16 July 2017 to 16 July 2018 Item No. Description Expenditure upto last FY 2016/17 Expenditure FY 2017118 Cumulative Expenditure Up to Date GON IDA Dir. Total GON IDA(Reimb) IDA (Dir) Total GON IDA (rimb) IDA (Dir) Total 211II Salffy 7,526,77336 - 7,526,773.36 2,156,75680 - - 2,156,756.10 9,683,53t16 -. 683.530r 16 21112 LocalAllaw. 21113 Dear Allow. 221,410.00 - 221,410.00 51,500.00 - - 51,500.00 272,910,00 - 272,91000 21119 Mis. Allow. 53,5GO.00 - 53,500.00 24,600.00 - 24600.00 78,100.00 - - 78,100.00 21 121 Cloth 150,000.00 - 130,000,00 67,500.00 - 67,50000 217,500.00 . - 217,500.00 22111 Water/Elect 170.51600 - 170,516.00 53,479.00 - 53,479.00 223,99500 * 223,995.00 22112 Communi 194,563.77 - 94,563.77 72,.000 - 72,000.00 266,563.77 - 266,563.77 22121 Remt 1,164,10000 - 1,164,100,00 344,400.00 - - 344,400.00 1,50K,500.00 - 1,508,50000 22211 Fuel 1,665,296.04 1 ,065,296 04 200,000.00 - - 200,000.00 l,265,296.04 - 1,265,296 04 22212 Re! Maint. 662,948625 - 662,948.25 160,000.00 - 160,000.00 822,94gr25 *a* 022,948.25 22213 Insuruce 81,740.00 - 81,740.00 35,640.00 - 35,640.00 117,380.00 - l17,380.00 22311 Office Exp. 1,010,843.57 - 1,810,843.57 640,000.00 - 640,000.00 2,450,843.57 2,450,843.57 22411 Ceos. Se. 486,137.36 - 486,137r36 24,000.00 - 24,000.00 510,137.36 - - 510,137.36 22412 O1her ear. 2,479,653.00 - 2,479,653,00 1,187,030.00 - 1,187,030.00 3,666,683.00 . - 3,666,683.00 22611 Mon/Eva 350,000.00 350,000.00 51,000.00 - 51,000.00 401,000.00 - - 401,000.00 22612 TADA 123,050.00 - 123,050,00 87,000.00 87,000.00 210,050.00 - - 210.050,00 22711 Misce. 168,881.00 - 16,801.00 47,406.00 - 47,406.00 216,287.00 - . 216,287.00 A; Total of... ..*** turren..{3373303) 16 ,412,3 04. . - 6o709412, 5,202,31180 . 5,202,3110 2i,91;724.15 . 2Z,913,724.15 29111 LaodpurL 20.119,663.76 - - 20,119,663.76 318,387,00 - 318,38700 20,438,05076 - 20,439,030,76 29311 Fumiture 618,50100 - - 618,50100 - 618,501.00 . . 0 .00 29411 Vehicle - 16,254,161LOO - 16,254,16800 - 16,254.168.00 29511 Equipmect 1,396,781.00 - 1,596,781.00 1,396,78LO0 29611 Public Const 22,581,817.33 1,535,342,36o.i 1,557,924,178.14 57,559,129.10 1,562,795,144.81 - 1,620,354,273.91 00,140,946,43 3,098,137,505.62 - 3,178,78,452 05 29711 CoesOlt Se, 828,720,87 121,448,411.30 70,171,60005 192,448,752 22 - 84,670,527.25 51,220,926.10 135,891,453.35 828,720.87 206,1108.938 55 121,392,526.15 329,340,M85.57 B. Toworcapild 3373304) 45,54S,43.96 1.673,044,940.11 70,it-1100 5 1 8762,02412 52,877,516,to 1,647,465,67206 51,22926310 1,75,564414,26 103,423100006 3,3,0,50612.17 12392526.15 M,545,326838 C. TOTAL33733O3/4 (tAr B) ,e 62 4,894431 1,673*644,94011 70,171,600,05 1,505,471,43647 63,979$27N,0 1,647,465,672.06 51,22026.19 1,761,766,426.06 12,334,724,28 2,320,510,61247 821,3,2,526.15, . 4,Z371653 tresuary (rAne t h gove ent) 9,055,642.87 9,055,642.87 9,055,642.87 9,055,64287 Total 62,254,896.31 1,673044,940.11 70,171,600.05 1,805,471,436.47 63,079i827.90 1,63S,410,029.19, 51,220,926.10 1,752,710,78319 125,334,72421 3,311,454,06930 121,392,526.15 3,558,182,419.66 Sapana Adhikari Kesh VK air Sharma Account Officer Project Coordinator NRTTNIRTTP Note-3 Ministry of Physical Infrastructure & Transport Department of Roads Nepal India Regional Trade and Transport Project Under IDA Credit No.5273-NEP Reconciliation of Designated Account By Detail Transaction F.Y. 2074/03/01to 2075/03/32 Period: 16 July 2017 to 16 July 2018 S No. Description NPR USD Remarks 1 A). Opening Balances as of Reporting Period 397,089,115.78 3,860,481.39 2 B). Receipt of Fund 1,400,460,061.36 13,179,731.26 5 C) Total Receipt of Fund 1,797,549,177.14 17,040,212.65 6 C). Less :Transfer to GoN Treasury 1,229,510,464.74 11,609,850.36 7 D). Less : Direct Payment 51,220,926.10 493,752.18 8 E). Foreign Exchange Gain/Loss 22,951,163.47 - 9 F). Closing Balance as of Reporting Period 539,768,949.77 4,936,610.11 Ex Rate of Nrb at 16 July 2018 is 109.34 Sapana Adhikari Keshab Ku ar Sharma Account Officer Project Coordinator NIRTTP NIRTTP Note - 4 Ministry of Physical Infrastructure & Transport Department of Roads Nepal India Regional Trade and Transport Project Under IDA Credit No.5273-NEP Summary of Exchange Gain/Loss F.Y. 2074/03/01to 2075/03/32 Period: 16 July 2017 to 16 July 2018 Amount in NPR Cumulative Cumulative as of Cmltv S. No. Particulars 2umlai7 FY 2017/18 to 2016/17 Dt Date 1st 2nd 3rd Total 1 Monthly Adjustment by Nepal Rastra Bank 21,368,123.80 7,407,715.72 (4,282,456.88) 19,825,904.63 22,951,163.47 44,319,287.27 Total Exchange Gain/Loss 21,368,123.80 7,407,715.72 (4,282,456.88) 19,825,904.63 22,951,163.47 44,319,287.27 Sapana Adbikari Keshab K ar Sharma Account Officer Project coordinator NIRTTP NIRTTP Ministry of Physical Infrastructure & Transport Department of Roads Nepal India Regional Trade and Transport Project Under IDA Credit No.5273-NEP Summary of Cash Withdrawal (Disbursement Under 5273-NEP) F.Y. 2074/03/01to 2075/03/32 Period: 16 July 2017 to 16 July 2018 Lur. NPK Description WA No Value Date Advance Category 3(A) Total Cumulatives up to Last Year 2073/74 495,100,000.00 1,427,883,329.07 1,427,883,329.07 Fiscal Year 2074/2075 First Trimester 13 31-Aug-17 262,081,556.77 262,081,556,77 Total of First Trimester 262,081,556.77 262,081,556.77 Second Trimester 14 28-Feb-18 104,735,375.55 104,735,375.55 Total of Second Trimester , 104,735,375.55 104,735,375.55 Third Trimester 15 25-Apr-18 484,537,998.22 484,537,99B.22 16 18-Jun-18 540,020,683.09 540,020,683.09 Total of Third Trimester 1,024,558,681.31 1,024,558,681.31 Total of this Year - 1,391,375,613.63 1,391,375,613.63 Cumulatives upto Reporting Period 495,100,000.00 2,819,258,942.70 2,819,258,942,70 Cur. SDR Description WA No Value Date Advance Category 3(A) Total Cumulatives upto Last Year2073/74 .3,238,572.70 9,728,457.14 9,728,457.14 Fiscal Year 2074/2075 First Trimester 13 31-Aug-17 1,805,337.56 1,805,337.56 Total of First Trimester 1,805,337.56 1,805,337.56 Second Trimester 14 28-Feb-18 708,468.59 708,468.59 Total of Second Trimester 708,468.59 708,468.59 Third Trimester 15 25-Apr-18 3,203,679.77 3,203,679.77 16 18-Jun-18 3,526,351.03 3,526,351.03 Total of Third Trimester 6,730,030.80 6,730,030.80 Total of this Year 9,243,836.95 9,243,836.95 Cumulatives upto Reporting Period 3,238,572.70 18,972,294.09 18,972,294.09 Cur. US Description WA No Value Date Advance Category 3 (A) Total Cumulatives upto Last Year 2073/74 5,000,000.00 13,536,052.83 13,536,052.83 Fiscal Year 2074/2075 First Trimester 13 31-Aug-17 2,551,646.05 2,551,646.05 Total of First Trimester 2,551,646.05 2,551,646.05 Second Trimester 14 28-Feb-18 1,024,367.65 1,024,367.65 Total of Second Trimester 1,024,367.65 1,024,367.85 Third Trimester 15 25-Apr-18 4,627,330.98 4,627,330.98 16 18-Jun-18 4,976,386.58 4,976,386.58 Total of Third Trimester 9,603,717.56 9,603,717.56 .Total of this Year. .13,179,731.26 13,179,731.26 Cumulatives upto Reporting Period 5,000,000.00 26,715,784.09 SapaAdhikariK u rSr Account Officer Pro coordiatr NIR*rrP NIRTTP Department of Roads Nepal India Regional Trade and Transport Project Under IDA Credit No,5273-NEP Statement of Expenditure(SOE) F.Y. 2073/04/01 to 2074/03/30 Period: 16 July 2016 to 15 July 2017 Description WA No Value Date Category 3(A) NPR USD SDR Cumulatives up to Last Year 2073/74(2015/16) 109,655,013.07 1,031,890.61 754,352.48 Fiscal Year 2073/2074 (2016/17) First Trimester 13 31-Aug-17 47,108,540.17 457,406.18 323,623.47 Total of First Trimester 47,108,540.17 457,405.18 323,623.47 Second Trimester 14 28-Feb-18 47,701,787.63 466,581.95 322,695.33 Total of Second Trimester 47,701,787.68 466,581.95 322,695.33 Third Trimester is 25-Apr-18 98,919,576.85 946,360.94 654,517.94 16 18-Jun-18 59,816,123.41 551,356.56 390,700.51 Total of Third Trimester 158,735,700.26 1,497,717.50 1,045,218.45 Total of this Year 253,546,028.11 2,421,705.63 1,691,537.25 Cumulatives upto Reporting Period 363,201,041.18 3,453,596.24 2,445,889,73 Sapana Adhikari Keshab Kumar Sharma Surya Mani Gautam Rabindra Nath Shrestha ra Pr ad Lamichhane Madhu S d an Adhikari Surya Prasad Gautam Baburam Gautam Account Officer Project Coordinator Chief Account Controller DG Uuer Secretary Secretary FCG DAG NIRTTP NIRTTP DOR DOR MoPIT MoPIT FCG Q OAG Nepal Rastra Bank Banking Office, Thapathali (Account Statement) Client Code: 1204643 Client Name: NEPAL INDIA KHETRIYA BYAPAR TATHA P A/c No: 1204643/001.004.840 A/c Name: 114-KHA 4 SPECIAL DEBT ACCOUNT Currency: USD Dr/C Amount Date Value Date Ref./Chq. Description r FC NPR Exch. Rate Balance 7/16/2017 7/16/2017 BALANCE b/d CR 3,860,481.39 3,860,481.39 8/20/2017 8/20/2017 TRANSFER ACCOUNT TO ACCOUNT CENTRAL DR -1,412,127.44 -144,503,000.43 102.33 2,448,353.95 9/1/2017 9/1/2017 6IRMT/10/074/75 IDA 5273000113 CR 2,551,646.05 260,140,314.80 101.95 5,000,000.00 10/6/2017 10/6/2017 ORMT TRANSFER ACCOUNT TO ACCOUNT NMB BAN DR -8,937.38 -928,861.90 103.93 4,991,062.62 11/1/2017 11/1/2017 TRANSFER ACCOUNT TO ACCOUNT STANDAR DR -87,663.53 -9,055,642.65 103.3 4,903,399.09 11/20/2017 11/20/2017 TRANSFER ACCOUNT TO ACCOUNT NEPAL 5 DR -12,024.64 -1,247,195.66 103.72 4,891,374.45 1/3/2018 1/3/2018 TRANSFER ACCOUNT TO ACCOUNT STANDAR DR -113,724.56 -11,516,886.19 101.27 4,777,649.89 1/31/2018 1/31/2018 TRANSFER ACCOUNT TO ACCOUNT CR 12,024.64 1,220,140.22 101.47 4,789,674.53 2/5/2018 2/5/2018 TRANSFER ACCOUNT TO ACCOUNT NMB BAN DR -36,571.79 -3,737,636.94 102.2 4,753,102.74 2/15/2018 2/15/2018 ORMT TRANSFER ACCOUNT TO ACCOUNT CENTRAL DR -777,470.39 -79,496,347.87 102.25 3,975,632.35 2/21/2018 2/21/2018 TRANSFER ACCOUNT TO ACCOUNT STANDAR DR -124,611.34 -12,881,074.22 103.37 3,851,021.01 3/2/2018 3/2/2018 6IRMT/80/074/75 TRANSFER ACCOUNT TO ACCOUNT CR 1,024,367.65 106,513,748.25 103.98 4,875,388.66 3/18/2018 3/18/2018 ORMT PA.SA. 074/75, CHA.NO. 357 DATED 20 DR -41,366.51 -4,285,570.44 103.6 4,834,022.15 4/19/2018 4/19/2018 ORMT DEBITED AS PER LETTER PA.SA. 074/75 DR -4,461,353.13 -467,371,353.57 104.76 372,669.02 4/26/2018 4/26/2018 61RMT/108/074/75 TRANSFER ACCOUNT TO ACCOUNT CR 4,627,330.98 493,967,582.12 106.75 5,000,000.00 6/1/2018 6/1/2018 ORMT REF. NO. 441/074/75 DATED AS 2075/0 DR -17,487.18 -1,880,921.08 107.56 4,982,512.82 6/17/2018 6/17/2018 ORMT PA.SA. 074/75, CHA.NO. 452 DATED AS DR -4,958,899.40 -538,139,762.87 108.52 23,613.42 6/19/2018 6/19/2018 61RMT/138/074/75 IDA 52730 001 16 CR 4,976,386.58 539,838,416.20 108.48 5,000,000.00 7/10/2018 7/10/2018 ORMT 2074/75, CHA.NO. 483 DR -10,940.38 -1,199,503.26 109.64 4,989,059.62 7/15/2018 7/15/2018 ORMT 2074/075, CHA.NO. 492 DATED DR -52,449.51 -5,734,829.42 109.34 4,936,610.11 Am||||1114 wl.. A + + n +++