SAVE THE CHILDREN JAPAN-MONGOLIA
"Improving Primary Education Outcomes for the most Vulnerable Children in Rural Mongolia Project"
international Financial Reporting Standards
Financial Statements
and
Independent Auditor's Report
21 October 2017


Contents
Independent auditor's report..................................................................................
Audited financial position.........................................................................iti
Independent auditor's report / Statement of Sources and Uses of Funds...............................3
Statement of Sources Uses of Funds.........................................................................4
Independent auditor's report / Statement of Expenditures / .............................................5
Statement of Expenditures ...................................................................................6
Independent auditor's report / Statement of Designated account /......................................7
Statement of Designated account............................................................................
N otes.........................................................................................................9-15


Date:.
INDEPENDENT AUDITOR'S REPORT
To:    Mr. Mitsuaki Toyoda Country Director
Improving Primary Education Outcomes for
The Most Vulnerable Children in Rural Mongolia Project
"Save the children" Non-Governmental Organization
Grant No: TF012100
We have audited the Financial Management Reports comprising the balance sheet, project source and
uses of funds by project activity, disbursement report and the designated account statement of Improving
Primary Education Outcomes for The Most Vulnerable Children in Rural Mongolia Project Grant No:
TF012100 for the project ended October 21, 2017. The management of Improving Primary Education
Outcomes for The Most Vulnerable Children in Rural Mongolia Project is to prepare the Financial
Management Reports on the cash receipts and payments basis in conformity with International Public
Sector Accounting Standards (IPSAS). On this bases cash receipts are recognized when received and cash
expenditures are recognized when paid rather than when incurred. Our responsibility is to express an
opinion thereon based on our audit.
We conducted our audit in accordance with International Standards on Auditing issued by the
International Auditing and Assurance Standards Board of the International Federation of Accountants.
These standards require that we plan and perform the audit to obtain reasonable assurance about whether
the interim financial reports are free of material misstatement. An audit includes examining on test basis,
evidence supporting the amounts and disclosures in the final financial reports. An audit also includes
assessing the accounting principles used and significant estimates made by management as well as
evaluating the overall statement presentation. We believe our audit provides a reasonable basis for our
opinion.
In our opinion, the Financial Management Reports have been prepared in accordance with International
Public Sector Accounting Standard issued by the Public Sector Committee of the Federation of
Accountants, presented fairly the cash receipts and payments of the project during the project ended
October 21, 2017 and furthermore in all material respected, expenditure have applied to the purpose
intended in the Grant Agreement, Grant No: TFO12 100.
General irector, CPA
T. SUGARSUREN
Ulaanbsatar city Sukhbaatar district Baga toiruu-44 Phone/Fax 31-89-18, 70120095
E-mail: info@niislelaudit.mn


"IMPROVING PRIMARY EDUCATION OUTCOMES FOR THE MOST
VULNERABLE CHILDREN IN RURAL MONGOLIA PROJECT-130760
AUDITED BALANCE SHEET
(as of 21 October 2017)
SD)
2016.12.31             2017.10.21
ASSET
Cash
Small lund MN                                                           -                      -
Designated account 1 SD                                          157.509.00                  0.09
Total cash                                                          157.509.00                  0.00
NON-CURRENT ASS r
Goods                                                            643.43395            659-548.62
Consultant se:. ces                                              276,147.08            320.410.72
I raining                                                      1.005.166.97           1,158,409.20
Ci%-iliorks                                                      27,202.46             27,202.46
Community Block Grants                                            99,618.39             117,000,00
Operating costs                                                  146.,077.40            175,008.00
Non-financed lunds                                                    0.01                   0.01
rxpenses covered from bank interest income                            0.00               5.768.64
Total                                                             2 197,686.26           2,463,347.65
TOTAL ASSET                                                       2,355 195.26           2,463,347.65
LIABILITIES AND SOURCES
Sources
Grant I und from.Japan Social Development I und               2.349,909.00           2,457,579.00
--Sa%e the ChildrecnNon-go'.ernmental Organization I und                                       -
Total sources                                                     2,349,909.00           2 457 579.00
Bank net interest income
Designated ico:iml lie interest income                            5,286.26               5.768.64
Total net interest income                                             5,286.26              5,768.64
TOTAL LIABILITIES AND SOURCES                                     2,355,195.26           2,463,347.64
Mitsuaki Toyoda                                           GereltuyaTs.
GountryDirector                                           Project Manager
~Bulgan B.
Finance Manager


I                U          " L
Date: 4.
INDEPENDENT AUDITOR'S REPORT
To:   Mr. Mitsuaki Toyoda Country Director
Improving Primary Education Outcomes for
The Most Vulnerable Children in Rural Mongolia Project
"Save the children" Non-Governmental Organization
Grant No: TF012100
We have audited the accompanying the Statement of Sources and Uses of Funds of Improving
Primary Education Outcomes for The Most Vulnerable Children in Rural Mongolia Project
submitted to the World bank during the period between January 1, 2017 and October 21, 2017 in
support of credit withdrawals under the Grant Agreement, Grant No: TFO 12100.
We conducted our audit in accordance with generally accepted auditing standards that
accordingly included examination, on a test basis, of evidence supporting the amounts and
disclosures in the Statement of Sources and Uses of Funds. An audit also includes assessing the
accounting principles used and significant estimates made by management as well as evaluating
the overall statement presentation. We believe our audit provides a reasonable basis for our
opinion.
In our opinion, the Statement of Sources and Uses of Funds submitted together with the internal
controls and procedures involved in their preparation can be relied upon to support the
application for credit withdrawals.
Generalk xrector, CPA
T.SUGARSUREN
Ulaanbaalar city. Sukhbaafar district, Baga loiruu-44 Phone/Fax 31-89-18, 70120095
E-mail. info@niislelaudit mn


Japan Social Development Fund -TF012 100
"IMPROVING PRIMARY EDUCATION OUTCOMES FOR THE MOST
VULNERABLE CHILDREN IN RURAL MONGOLIA PROJECT-130760
AUDITED SOURCES AND USES OF FUNDS
(as at 21 October 2017
(USD)
Accumulated as                   Accumulated as
of31.12.2016                     of 21.10.2017
SOURCES OF FUNDS:
Beginning balance ol'monetarN asset
Grant I und rom .Iapan Social Development I und  2.349.909.00    107.670.00       2,457,579.00
"Sae the Ch'Idren" Non-gom ernmental Organization
I und
Non-financed source
Total sources                    2,349,909.00    107,670.00       2,457,579.00
Bank net interest income                            5,286.26        482.38           5,768.64
Total oier sources                    5,286.26        482.38           5,768.64
TOTAL SOURCES OF FUNDS                           2,355,195.26   350,890.85        2,463,347.64
USES OF FUNDS
Goods                                             643.473.95      16,074.67        659548.62
Consultants' serv'ces                             276.147.08      44.263.64        320.410.72
1 raininj;                                       1.005.166.97    153.242.23       1.158,409.20
Ci% ilworks                                        27.202.46             -          27.202.46
Community Block Grants                             99,618.39      17,381.61         117.000,00
Operating costs                                   146,077.40      28,930.60         175,008.00
Amount withdrawn and not Net claimed                    0.01             0               0.00
I \penses co% ered from bank interest income              -       5.768.64           5.768-64
TOTAL IDISBURSEMEN 1                             2, 197,686.26  265,661.39        2,463,347.64
Financing balnne                                 157,509.00    (157,509.0)              0.00
Designated account                                157.509.01             --
Operating account
TOTAL CASH AND CASH EQUIVALENTS                   157,509.00    (157,509.0)
Mitsuaki Toyoda                                          GereltuyaTs.
Country Director                                          Project Manager
Bulgan B.
Finance Manager


Cer ed audt lppas and accutn consultancy, copn
Date:
INDEPENDENT AUDITOR'S REPORT
To:   Mr. Mitsuaki Toyoda Country Director
Improving Primary Education Outcomes for
The Most Vulnerable Children in Rural Mongolia Project
"Save the children" Non-Governmental Organization
Grant No: TF012100
We have audited the accompanying the Statement of Expenditures (SOEs) of Improving Primary
Education Outcomes for The Most Vulnerable Children in Rural Mongolia Project submitted to
the World bank during the period between January 1, 2017 and October 21, 2017 in support of
credit withdrawals under the Grant Agreement, Grant No: TFO 12100.
We conducted our audit in accordance with generally accepted auditing standards that
accordingly included examination, on a test basis, of evidence supporting the amounts and
disclosures in the Statement of Expenditures. An audit also includes assessing the accounting
principles used and significant estimates made by management as well as evaluating the overall
statement presentation. We believe our audit provides a reasonable basis for our opinion.
In our opinion, the Statement of Expenditures submitted together with the internal controls and
procedures involved in their preparation can be relied upon to support the application for credit
withdrawals.
General Director, CPA.
TLISUGARSU REK
Ulaanbaatar city, Sukhbaatar distridct, Baga foiruu-44 Phone/Fax: 31-89-18, 70120095
E-mail: info@nfisle1auditmn


Japan Social Development Fund -TF012100
"IMPROVING PRIMARY EDUCATION OUTCOMES FOR THE MOST
VULNERABLE CHILDREN IN RURAL MONGOLIA PROJECT-130760
AUDITED SUMMARY OF APPLICATION FOR WITHDRAWAL
(as at 21 October 2017)
-- -                                         (USD)
Claimed                       Financing
Number                      date         Amount          date          Amount
Reference
Documentation 47         20-Jan-2017       60,550.07
Documentation 48          17-Feb-2017      34,391.17
Documentation 49         20-Mar-2017       24,827.30
Documentation 50         20-Apr-2017       18,553.63
Documentation 51         22-May-2017       48,399.90  21-Apr-2017       107,670.00
Documentation 52         26-Jun-2017       72,796.34
Documentation 53         25-Jul-2017       55,510.78
Documentation 54         20-Oct-2017        5,413.63
Total for 2017                            320,442.82                    107,670.00
Mitsuaki Toyoda                                     Gereltuya Ts.
CountryDirector                                     Project Manager
Bulgan B.
Finance Manager
46


t¢                                                                              �,1°�
f+ О м О  R оо  м          И���.
м;�О а� м t+ �о         n'
.= t� < м' а, ю с м        ri <
�                          rn г-� и' rn а. --         а,
д                          г� оо  и г� [-  и� оо '
<V]                        v�  v'�:оо'�.оо �ч  �гь  и   о+:
'                              �1 .                               м N  �- � t�  и              еИ  �..
3       5
F
�
д
,                              х
i,                               н            ...                .....   ОО  10 ��Т  � м О    �   О
о м оо г-  о и           �д  .
'���                  и                       � гJ ni N и  ri          а
�- а                            [�  р ,      ,   `�"                     �  С �, r  омо  м  � .   Омr  �.
Ооw          `'' й                            �гч-йvr'                 оо
I � w и      �' �                                                      г•�
н                          W F=� ''�    а �                                                        с`r
О      •• а                                                       од
г-,                        [-х-� W F    U о,                    '                         F`�
д:~'в          О                                               w �
� {               °о�р��                                                                  ��
,.,   а w                                               w`�-�           � г,
�  W  Q  Q�, ^                                         � � й  о  7              �О   \   �  �
�,t�"�a r        �                                     иooni�Q                  ...      С7А.
Ei О� р  г-°,,         ьа�,  г.; р°q                   �,N °°'° n�`   !         �'
С Е-� Z W  д w�. �, �                                                           ..
wpp�  °                G  °а"а �
�z�Н''_о ;  � �и
� ' �     z "�'        W  и °
�     b
Qа�� �       и
�иа� �
а.                дд�R.          �   G                                   ��е�чоо°OоеOOч�"'о, й
WZO          ?'   й са
�            Е.,   г�   � �                            �о�°о�°�мn�              о�о
'с+ '�+ �,�        у    а q                            �л о с_ оо оо оо Q и
й'R�. Q,�          �    а 5                            N�^� �'� и�'
4               �    и  а                             fV
С���        :" ё ��
а Q;  х а   �V  й О
'��UF       �и й 3
'4 .
w �    .а'.  д
z��       й��й
в                                                                               Ч
д� � �                                                                                 о    �   с�'ia
� н�        �         ��� и й й й       '                                              р со.   �   Д�   �
� ��                  ,а о о о о о а                   �                               � А         ��
�   �   �  � � � � � � , �                                              ' � �+      � �
�   р°   ai  й r,�i  ai  e�i  c�i  ai   :С                              _�          дд
Е Е Е Е Е Е Е                  G                   о              �
Q        � � п а� п п                   �                               � V   �
ы и ы г�  ы са  и
й        А�АА❑°❑°о �
'              С I   I                           '    ' ra
�'                                     '   о
Q',                                        F
�         `д
Q         ¢
3         3            '
��
��
�


Date:          a
INDEPENDENT AUDITOR'S REPORT
To:   Mr. Mitsuaki Toyoda Country Director
Improving Primary Education Outcomes for
The Most Vulnerable Children in Rural Mongolia Project
"Save the children" Non-Governmcntal Organization
Grant No: TF012100
We have audited the accompanying the Designated Account Statement of Improving Primary
Education Outcomes for The Most Vulnerable Children in Rural Mongolia Project submitted to
the World Bank during the period between January 1,2017 and October 21, 2017 in support of
credit withdrawals under the Grant Agreement, Grant No: TFO 12 100.
We conducted our audit in accordance with generally accepted auditing standards that
accordingly included examination, on a test basis, of evidence supporting the amounts and
disclosures in the Designated Account Statement. An audit also includes assessing the
accounting principles used the significant estimates made by management as well as evaluating
the overall statement presentation. We believe our audit provides a reasonable basis for our
opinion.
In our opinion, the Designated Account Statement submitted together with the internal controls
and procedures involved in their preparation can be relied upon to support the application for
credit withdrawals.
General Wector, CPA
TSUGARSUREN
LJ
Li                        Ulaanbaalar city, Sukhbaafar district, Baga toiruu-44 PhonelFax.- 31-89-18, 70120095
E-mail., info@nfislelsudit.mn
Li


Japan Social Development Fund -TF012100
"IMPROVING PRIMARY EDUCATION OUTCOMES FOR THE MOST
VULNERABLE CHILDREN IN RURAL MONGOLIA PRO.IECT-130760
AUDITED STATEMENT OF DESIGNATED ACCOUNT
(as at 21 October2017)
PARr A- ACCOUNT TRANSNCTIONS                                                     (USD)
2016/12/31        2017/10/21
Beginning bilance                                              198,325.80       157,509.00
Add:
Ad% ance received from Japan Social Development Fund                 -
I unds received from Japan Social Development Fund on that year  349,330.00   107,670,00
Net interest of account balance                                1.560.85          482,38
Deduct:
Goods                                                        103.662.30        16,074.67
Consultants' ser% ices                                        39.210.78        44,263.64
Iraining                                                    197,150.72        153,242.23
Civil works                                                          -                -
Community Block Grants                                        27,129.90        17,381.61
Operating costs                                               24,844.59        28,930.60
I xpenses covered from bank interest income                          -          5,768.64
Amount v,ithdrawn and not yet claimed                          (290.64)               -
Ending halance                                                 157,509.00            0.00
PAlR B- ACCOUNT RECONCILIATION
Designated account balance as of year ending                   157,509.00            0.00
Add:
Amount %%ithdrawn and not yet claimed
Non-financed sources                                          60.550.08            0!.00
Puid for bank scr% ice                                               -
Deduct:
Net intereHt paid for account balance                          5.286.26         5,768.64
Non-financed sources
Tolal advance recorded in designated account                   212,772.82         5,768.64
Mitsuaki I oyoda                                         Gereltuya Ts.
Country Director                                         Project Manager
Bulgan B.
Finance Manager
L J


NOTE 1. PROJECT INTRODUCTION
Project name:                                   Improving primary education outcomes
lor the mot vulnerable children in rural
Mongolia
Project addrew                                  Chingeltei district. Khoroo 1. 4"' Floor,
Arizona Centre
Grant number:                                   Japan Social Development Fund Grant-
TF012100
Implementing agency                             "Save the Children" Non-governmental
organization
Contract approval date                          2012.02,15
Duration of the project                         2012.06.21-2017.06.21
Project total budget                            2,637,579 USD
Objective:
The project aims to improve quality, performance, and access to preschool and primary school
education for 7500 children aged between 5-10 in 30 soums of the Arkhangai, Uvurkhangai,
Dornod, Sukhbaatar province,.
The development objective of the project is to improve the education outcomes of some 7,500
most vulnerable children (aged 5-10) in four educationally underperforming and underserved
rural aimags (Dornod. Sukhbaatar. Arkhangai and I vArkhangai) of Mongolia. The project is
comprised of three main components:
1. Strengthening school preparation programs for new school entrants in remote communities
(home-based curriculum development; capacity building and technical support; and
community mobilization);
*  Training modules and materials on school readiness developed for parents,
school administrators. kindergarten primary teachers, and dormitory staff;
*  Learning resource materials on school preparation produced for 10,000
children families;
*  30 Toyand Equipment Libraries setup at 30 target kindergartens. schools;
*  40 soum governors and local government official strained on school readiness
preparation;
* 30 community education councils formed at soum level and conduct regular
operations:
*  Capacity of it least 210 kindeigarten primary dormitor leachers on school
preparation built through training;
* Up to 30 CEC-s provided with community block grants to promote the program
delivery and reach; and
* At least 3,600 parents. caregivers contacted to share knowledge and skills on caring
for 5-6 year old children's psychosocial and development needs.


2. Introducing extracurricular after-school programs specifically targeting lower-primary age
children living away from home (development of after-school programs; capacity building
and technical support; program delivery support; and community participation); and
*  A school guidance manual on after-school programs developed and 30 soum schools (5
teachers per school, including primary and dormitory teachers and school social workers)
receive relevant training;
*  At least 60 target children regularly attend and benefit From the afler-school programs per
school each Near during the second year to the fourth year;
*  At least 5 community members are identified, trained and act as after school program
facilitators at each school;
*  500 copiesofan "After-School Program BestvPracticesvManual" developed and circulated
to all schools in Mongolia;
*  Up to 30 CEC-s provided with community block grants to promote the program delivery
and reach and
*  30 school dormitories supported with basic equipment and renovation.
3. Piloting compensatory distance education programs for lower-primary age children in rural
communities (program curriculum and learning resource material development; parents'
education; capacity building and technical support; and program delivery support).
*  Alternative lower-primary, home-learning education curricula (grades1-3) and
their corresponding teaching and learning materials (including a series of self-
learning videoprograms) developed and piloted;
*  At least 1.000 teaching and learning resource materials developed, produced, and
disseminated;
*  Training for atleast 140 teachers, community volunteers and mentor parents
trained on individual teaching/coaching monitoring techniques and program
delivery;
*  At least 300 children enrolled in the alternative lower-primary education equivalency
programs;
*  Capacity of 34 soum aimag schools or enlightenment centers to deliver program activities
improved (e.g., setting up of resource libraries);
*  Up to 30 CEC-s provided with community block grants to promote the program delivery
and reach; and
*  Project-produced teaching and learning resource materials uploaded onto NFDE's
website for wider circulation and use.
New approaches and innovations
*  A School Readiness Toy and Equipment library will be established in each of the 30
soums.
*  Community Education Councils will be established in each of the 30 soums.
*  A small sized, results based community block grant scheme will be introduced on a pilot
basis.
*  Alternative  lower-primary, home-learning  education  curricula (grades[-3) and
corresponding teaching and learning materials will be developed and piloted, including a
series of self-learning video programs for parents of children in Grade 1-3.


Project source of funds:
World Bank will provide an amount of 2,457,579 two million four hundred ifty seven thousand five
hundred seventy nine USD Grant from Japan Social Development Fund according to Recipient
agreement. Grant will be disbursed in accordance with following category.
/USD/
Component                        Component name                          Budget
I       Strengthening school preparation programs lor new school entrants (5 to 6  731.731.00
years of age) in tie community
2       Introducing eiracuNicular alter-:ichool pro1lma; in schools for  623.913.00
ulnerablc children (6 to 10,ear; of ahe)LIi ing ma. From parent:./I.one
3       Piloting compensator education programs lor loer-primar% out-ol-  573,287.00
school children (6 to 9 years of age) in rural communities
4       Procct management. monitoring and evaluation. and knowledge  528,648.00
I dissemination
Total Project budget                     2,457,579.00
/ USD/
Expenditure category        Aiount        Finnncing percentage      Total
Consultants' services, training.  2.165,571.00         100%               2,165,571.00
goods, civil works
Community Block Grants             117,000.00          100%                 117,000.00
OperatinE Costs                    175,008.00          100%                 175,008.00
Total amount             2,457,579.00         100%               2,457,579.00
NOTE 2. ACCOUNTING POLICY
The Recipient shall provide the World Bank with the
following financial reports, which are prepared in
accordance with the guidelines by the World Bank.
I. Balance sheet
I   Financial reporting       2. Statement on Use of Funds by disbursement categories
3. Statement on Use of Funds by project activity or
components
4. Designated account statement, Designated account
reconciliation statement
5. Statement of Expenditures
Received funds and uses of the Project's financial
statements are prepared on the cash basis of accounting.
Project accounting should be in accordance with the
Financial Management Manual approved by World Bank.
Reporting currency will be USD. MNT incurred costs shall
be converted to USD by TDB exchange rate of first
3   Reporting measurement      working day of each month.
USD incurred costs shall be converted to MNT by TDB
e\change rate of that day.
Balance as of 31 December 2016 should be considered as
4 Presentation of the report  beginning balance and account balance should be presented
by cumulative amount as of 2lOctober 2017 in Project
financial statements.
5   Monitoring organization    World Bank


6   Registration  Information  -Sun Systems" accounting software is used to keep record
System                    and report.
Income is recognized when cash is received. Income
7   Income                    consists of World Bank's financing and bank account
interest earnings.
Disbursement is recognized as expenditure when the money
is paid according to the purpose.
Project's Designated Account in USD should be opened in
a commercial bank according to World Bank's approval.
The ceiling of the Designated Account is as follows:
I. Grant No: TF012100-250.000 USD
Procurement guidelines of World Bank should be adhered
to in the procurement of goods, works and services.
Following  methods should  be  used  according  to
10  Procurement of goods. works procurement plan of reporting period.
and services                 I. National Competitive Bidding 50,000 200,000
2. Shopping 50,000
3. Direct Contracting-all contracts regardless of
contract value
Should adhere to Consultant selection guidelines of World
Bank. Following methods should be used according to
procurement plan of reporting period.
1. Quality-cost based selection *100,000
Procurement of consultants'  2. Less-cost  selection-  Assignment  meeting
11 services                         requirement of Para 3.6 of Consulting guideline.
3. Consultant's Qualification Selection- Assignment
meeting the requirement of Para. 3.7 of Consultant
guideline
4. Individual Consultant Selection  Assignment
meeting the requirement of Para. 5.1 and 5.3
NOTES 3. FINANCIAL STATEMENT INDICATOIS
A. Cash and cash equivalents
Designated account:
Bank name          Account name         Account    2016.12.31    2017.10.21
number
Trade and          Designated account  452566696     157,509.00         0.00
Development Bank    USD
Amount                          157,509.00         0.00
Total                         157,509.00          0.00
The project does not have small fund and sub-account. Expenditures occurred in rural areas and
by cash are disbursed from non-governmental organization's general account and are replenished
from designated account at the end of every month.


B. Project disbursement
Cumulative disbursement of the Project by disbursement category:
Accumulate                Accumulate    Performance
Disbursement caegory  Total Budget    d as or       2017        d as of     percentage
31.12.2016                21.10.2017
Goods                     442.841.00   643.473.95     16.074.67  659,548.62        148,9%
Consultants' serices     495.560.00   276.147.08    44,263.64   320.410.72         64.70i
Training                 1.200.170.00  1.005.166.97  153.242.23  1.158,409.20       96.50i
Ci% il w%orks              27.000.00    27.202 46            -    27.202.46        1(10.7%
Community iBlock GrainS   I17.000.00    99.61839      17.381.61   I17.000.00        100"
Operating costs           175.008.00   146.077 40    28.930.60    175.008.00        100
Total amount        2,457,579.00  2,197,686.25  259,892.71  2,457,579.00       100%
Components            tnoal Budget    .%ctual    Fluctuation     Disbursement
disbursement                  percentage
I  Strengthening school
preparation programs for
nex% school entrants (5 to 6  731,731.00   873.162.57  (141,431.57)       119.3),
ycars ol age) in the
community
2   Introducing extracurricular
aler-schoo: programs in
schools or N u nerable .3.91 00            576.709.37   47.203.63         L2.4V:.
children (6 to 10Nears o 1
age) lix ing aN aN from
parents/home
3   Piloting compensatory
education programs for
primary out-of-school        573.287 00    532.740.18   40,546.82
children (6 to 9 yCars 01
age)
IProjcct management.
monitoring and e% aluation.  528.648.00    474,966.88   53.681.12         89.9,0
.nd knowNledge
dissemination
Votal             2,457,579.00   2,457,579.00    0.00           100%
C. Project financing
Finance performance of grant:
Withdrawal
Source                  Budget      Withdrawal       Balance      perage
percentage
Japan Social Dexclopment I und grant  2.457.579.00  2.457,579.00   0.00          10000
Total amount             2,457,579.00  2,457,579.00      0.00          100%


D. Procurement
Description of Contract       Contract    Contract   Paid amount Performance
date       amount
I  Printing extra curriculum activity  31 Mar 2017  3,090.49  3,090.49  Finalized
2  Contract for consultant service  04 Apr 2017  12 300.12  12,300.12  Finalized
3  Project closing workshop     24 May 2017      418.41       418.41   Finalized
4  Service contract_programms  09 May 2017    7,025.85    7,025.85   Finalized
5  Handbookprinting             23 May 2017      945.12       945.12   Finalized
6  Service providing contract   29 May 2017     3,558.66    3,558.66   Finalized
7  Printing news letter and other  02 May 2017  3,971.39    3,971.39   Finalized
materials
8  Printin handbook stream to    06 Jun 2017    1,650.47     1,650.47  Finalized
9  DVD du licatin                06 Jun 2017    1,477.42     1,477.42  Finalized
10  Service contract 1 can do i  20 Jun 2017    3,528.44     3,528.44  Finalized
Total amount                          37 966.37   37 966.37
When purchasing goods, in accordance with the Project Implementation Guidelines agreed
with the World Bank, the project went through a selection of suppliers process, entered and
signed a total of 10 contracts, and purchased goods and services worth 37,966.37USD. Audit
procedures per Project Implementation Guidelines included whether the supplier selection
process and procurement were executed in accordance with the WB Procurement Guidelines,
and results showed that no apparent violations were made.
E. Operating Costs
Ex enditure                  2016         2017           Cumulative
1  Pro'ect staff sal              77 796.04    14,681.95            92,477.99
2   Office rent                   51 641.50      6417.30             58,058.80
3   Recruitment                    4267.90        245.78              4,513.68
4  Communication                   4,806.61       736.42              5,543.03
5   Stationery                       460.50         0.00               460.50
6  Other su  ort costs             7,104.85      6,849.15            13,954.00
Total amount             146 077.40    28 930.60            175 008.0
F. Designated account net interest earnings
Bank name          Account           2016           2017     Cumulative
number
Trade and Development  452566696        1,560.85       482.38         5,768.64
Bank
1,560.85      1,560.85        5,768.64
Amount
LJ


G. Bank interest income disbursements
#        Expenditure                 2016          2017          Cumulative
I  Project staff salary               0.00     5,731.29             5,731.29
2  Other support costs                0.00        37.35                37.35
Total amount                 0.00      5,768.64             5,768.64
5.768.64 USD bank interest income has been accumulated during the project implementation period.
This has been used for the operational expenses upon the approval from World Bank.