30 JUN 2017
pa2 Sf
16' 6 fi
Fujian Provincial Audit Office of the People's Republic of China
Audit Report
A19*h4K [2017] 20-5
MIN AUDIT REPORT C 2017 J No.20
Project Name: World Bank Financed Fujian Fishing Port Project
A    : Ln8378
Loan No.: Ln8378
Project Implementation Unit: Fujian Provincial Department of Ocean and
Fisheries
dt-) : 2016
Accounting Year: 2016


目录
Contents
一、审计师意见．................................................................................．……1
1 .Auditor&5 OPinion..........................．……，...........．……，二，...．……，…，,,．…，，…，,3
二、财务报表及财务报表附注．...........．……，…，…，.........．……，二，．…，.，二，……5
11.Financial Statemellts and Notes to the Financial StatementS..........．……5
（一）资金平衡表．..．……，.......．……，.．……，…，二，二，，…，,..........................．……5
1 .Balance Sheet…，.，二，．…，,.,,.,,.,.,........................................................．……5
（二）项目进度表．.............................................................................．……7
11.Summary of Sources and Uses of Funds by Project ComPoneni...．……7
（三）贷款协定执行情况表．.....................................．……，.．…，二，，……，.,，二9
111 .Statement of llnplementation of the Loan Agreemeni...................．……9
（四）专用账户报表．.....................................................．……10
iv. Statements of the Special Account...............．……，....．……，……10
（五）财务报表附注．...................................................．……n
v.Notes to the Financial Statemeflts.........．……，.．…，,.，……，.,,,．…，14
三、审计发现的问题及议．................．……，.......................．……17
nl.A.udit Findings and Recommendations.....................................．……20


一、审计师意见
审计师意见
福建省海洋与渔业厅：
我们审计了世界银行贷款福建渔港项目2016年12月31日的资金平
衡表及截至该日同年度的项目进度表、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5页至第16页）。
（一）项目执行单位及福建省财政厅对财务报表的责任
簖制上述财务报表中的资金平衡表、项目进度表及贷款协定执行情况
表是你厅的责任，簖制专用账户报表是福建省财政厅的责任，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口
（二）审计责任
我们的责任是在执行审计工作的基础上对财务报表发表审计意见。我
们按照中国国家审计准则和国际审计准则的规定执行了审计工作，上述准
则要求我们遵守审计职业要求，计划和执行审计工作以对项目财务报表是
否不存在重大错报获取合理保证。
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。
l


（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编制，公允反映了世界银行贷款福
建渔港项目2016年12月31日的财务状况及截至该日同年度的财务收支、
项目执行和专用账户收支情况。
（四）其他事项
由于本期内项目没有提款报账，我们不对提款报账发表意见。
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
及财务报表附注和审计发现的问题及建议。
／每：·
地址：中国福建省福州市华林路201号
由卜政簖码：350003
电话：86一591一63396665
传真：86一591一63396260
2


1. Auditor's Opinion
Auditor's Opinion
To Fujian Provincial Department of Ocean and Fisheries
We have audited the attached financial statements (from page 5 to page 16) of
Fujian Fishing Port Project financed by the World Bank, which comprise the
Balance Sheet as of Dec 31, 2016, 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 year then ended, and Notes to
Financial Statements.
Project Entity and Fujian 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 and the Statement of Implementation of Loan
Agreement is the responsibility of your entity, while the preparation of the
Special Account Statement is the responsibility of Fujian 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
3


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 appropriate and
sufficient to provide a basis for our audit opinion.
Audit Opinion
In our opinion, the financial statements identified in the first paragraph present
fairly, in all material respects, financial position of Fujian Fishing Port Project
financed by the World Bank as of December 31, 2016, its financial receipts and
disbursements, the project implementation and the receipts and disbursements
of special account for the year then ended in accordance with Chinese
accounting standards and system, and the requirements of the project loan
agreement.
Other Matters
Since there was no withdrawal during this period, we give no opinion on the
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.
F  ianVroVI     AudIt fi ce
Ju I e 4 -207
Address: 201 Hualin Road, Fuzhou, Fujian, China
Postal Code: 350003
Tel: 86-591-63396665
Fax: 86-591-63396260
The English translation is for the convenience of report users; Please take the
Chinese audit report as the only official version.
4


II. Financial Statements and Notes to the Financial Statements
i. Balance Sheet
BALANCE SHEET
2016  - 12 }] 31 1
(As of December 31, 2016)
Project Name: World Bank Financed Fujian Fishing Port Project
T0444k: fWA     tWAAi      Ff                                                       AV, FP~ &V rl
Prepared by: Fujian Provincial Depa rment of Ocean and Fisheries  Currency Unit: RMB Yuan
Application of Funds      n      Balnceg     Balan          Sources of Funds     Line No.  Balncen     Balnce
1    14,469,391.95 18706944.76  I. Total project appropriation  28  9830,000.00 25442098.23
I. Total project expenditure                                          Bands
1. Assets put into service  2        0.00         00                                    29        00           00
Project caDital and caDital
2YJ)1 ,4: 4fQ                                                       30        0.00
2. Construction expenditure to be  3     0.00         00            Including: grants      30        0.00         00
disposed
3.#14#                4         0.00         00                                    31    10,974,040.0 17977550.00
3. Investment transferred-out                                   III Total project loan
4.3+418 it 3-U5             14,469,391.95 18706944.76    1   A                    32    10,974,040.0 17977550.00
4. Construction in progress                                 Total project investment loan
6        0.00          00             (1) AW#               33     974,040.00  7977550.00
II. Investment loan receivable                                    (1) Foreign loan
Including: World Bank      7        0.00          00            Including: IDA         34        0.00         00
investment loan receivable
III. Appropriation of investment  8     0.00          00                BRD                35     974,040.00  7977550.00
loan                                                          .
Including: Appropriation of  9        0.00          00         Technical cooperation     36        0.00         00
World Bank investment loan
10        0.00                                               37       0.00          00
IV. Equipment                                                 Co-financing
Pt : *AX3_i#4k                                                    2)IMP J
Including: Equipment losses in  11      0.00                        Domestic loan          38    10,000,000.0 10,000,000.0
suspense
12    7,763,352.20  51915549,34       2. -XA-q4A             39        00           00
V. Total monetary fund                                            Other loan
5


1. Cash in bank        13   7,763,352.20 51899239.44 IV. Appropriation of investment  40   0.00         00
loan
4ttp: _W\.t9rMAZ
14       0.00      6939258.20   Including: appropriation of  41     0.00         00
Including: special account                                     World Bank loan
2, 5A               15       0.00       16309.9       ER                       42       0.00         00
2. Cash                                                  V. Bond fund
VTlv e          16     978,694.29  22800653.93 VI Construction expenditure to  43  0.00         00
VI. Total advance and receivable                                     be Offset
At±:      tI~t
Including: World Bank loan  17     4,654.29                                            44    2,407,398.44  50001241.6
interest receivable
r_,±#tMZAA1;M9_
World Bank loan commitment   18    974,040.00   932279.04   Including: World Bank loan  45     4,654.29       00
fee receivable                                            interest payable
World Bank loan service-fee  19      0.00          00     World Bank loan commitment   46       0.00         00
receivable                                                 fee payable
-h., **hiE#                                         )ILh~ ft -i  *--&A
VII. Marketable securities  20      0.00                  World Bank loan service-fee  47      0.00         00
payable
A, 1EPV-A4iR             21       0.00                      A48                              0.00         00
VIII. Total fixed assets                                    VIII. Other payables
19  t     P           22        0.00                  I    ,                     49        0.00         00
Original value of fixed assets                              IX. Appropriation of funds
A:    ifIU          23        0.00                                             50        0.00       2258.2
Less: accumulated depreciation                                 X. Retained earnings
24        0.00
Net value of fixed assets
25        0.00
Disposal of fixed assets
26        0.00
Fixed assets losses in suspense
27   23,211,438.44 93423148..03                            51    23,211,438.44 93423148.03
Total capital occupation                                     Total source of fund
1i                           (The notes are integral parts of the financial statements)
6


.,,:,,―「――괘


CD      CD     CD     CD      CD     CD     CD     CD
CD      CD     CD     C)      C>     CD     CD     CD
CS      c;     C5     c;      cý     6      cý     c;
ää
Aj
(D      CD             C>     CD     CD     CD     CD
R       R              cý     9      9      9      R
CD      CD     C3      CD     C>     C)     CD     CD
DO
CD
00            0%     CD     aý     CD     C71
r14     cý    C9     c;     ýn
0,1    cm     el            rq            c
wý      fn            Ln            in
oo
ej                            C5      CD     cD     cD     CD     CD     CD
U              J2
rn                                     U      W       cD     cp     0      CP     C>     (D     C>
D<,m                          m     ýR  9
ej
0   CS -8                                        <Z,      c5     cD      cD     cD     C>     CD     CD
ej                                  cý     V      V      CD
"tS
<      c>      CD     C>     cD     cD      cD     cD     cD
CD      CD     CD                    C-     w      CD
cý
ýD      C>     11ý     Do
ýD      C2     Fý      R      CD            W
bo            cy,    C>     al            C%
el]
cm            C>
en                          v)            r-     44
bo
CL
bn
A9 -s4
w 2: -U1 --
97    3*  P,
e
4a                                                               Pv
å                                                              ýk+     -       t    ä
4- o5             ,5 2   .2   F.
IIIIR pmý                                                         XK      4N           02K
iý4                                                                V,
r
lev
m


0 0
C:44
o  Kae u    me              ngno
m     oa    e..e ,. -9  c 9,  9  c  -  CD o2
25 -CD
CAA (D_  CD0 >C  DC  D  >C  DC   .
en
CD  C w D-
.E- e 2
e o o
1                           -5
80 8
x e    sgMgssHHoooo     **o  g
-B -  l  l i l  l   fl  fl  æ -
cp b RM      u cp9 P RRR lpRR
di 0EM+
-)                  ¢ ¢ ¢ -
*~  g-~      En
cp<  c  >  Dc  <Dc>  :  D  >c:  DCDc  >  )w c>I
Z) ~ ~ ~ ~ ~ ~ ~ v CD CD c>  vDC  DC  Dw  DC  Dc  D w wC  D
0k        .-0  k'D4-
C4~d      bonnViC
In            In c1                   c
cd  b )  bädiv
~boO, -i.~    EL]
w~#2CPbbbfl~<Et~'P3
fl~dielN5AYr  flväj _cdf-4<d
té~ Q~    .SWQ2 of
f      41
di~  00- flo
u2       Id             flu  0


iv. Special Account Statement
SPECIAL ACCOUNT STATEMENT
Q      E 2016 * 12 A 31 l
(For the period ended December 31, 2016)
Project Name: World Bank Financed Fujian Fishing Port Project           Depository Bank/Account No: Fuzhou Ximen
JM#: Ln8378                                                            Sub-branch, Industrial Bank
Loan No. Ln8378                                                         JI&%: 118081400100011525
#A-4k: 4'*4tKfWf                                                     AccountNo. : 118081400100011525
Prepared by: Fujian Provincial Department of Finance                      $ W$k : 2it Currency: USD
Amount
A W#+: *2##A'1'K?         #L Party A: Account activity for the period                                         0.00
Mt71#   :   Beginning balance:                                                                                0.00
brr: Add:                                                                                                     0.00
t1 t-       5 W[ # AM  Total amount deposited by World Bank                                               1000000.00
t        M $ 'J  ~(#A  ) Th KA 4S-) Total interest earned this period if deposited in the special account   337.53
t    $k#A    B 0if5~ 4 WTotal amount refunded to cover ineligible expenditure                                0.00
4*: Deduct:                                                                                                   0.00
*   *,l401 Total amount withdrawn                                                                             0.00
tJW*'    t&&+It    P OR#        & Total service charges if not included in above amount withdrawn            12.00
11 JA Afl Interest transferred-out this period                                                               0.00
%      Ending balance                                                                                   1000325.53
B4A:}+kAilij$ Part B: Account Reconciliation                                                                  0.00
1±- k1k,#4               Amount advanced by World Bank                                                    1000000.00
$}4r:  Add:                                                                                                   0.00
2, tk         RAik l'. 0  Total amount recovered by World Bank                                                0.00
3 ,           i RP     t-A' 4 #  Outstanding amount advanced to the special account at the end of this period  1000325.53
4,   1 k    fl **.#  Ending balance of special account at the end of this period                           1000325.53
IO, : Add:                                                                                                    0.00
54 E       A$ L 'P #4     k  # *  1 # #    Amount claimed but not yet credited at the end of this period      0.00
6. 4                #  A '# i         *    Amount withdrawn but not yet claimed at the end of this period     0.00
7,   # -    itA l Cumulative service charges                                                                 12.00
8, M .4.4   Interest transferred-out                                                                          0.00
A!   Deduct:                                                                                                  0.00
9. 111AA    Interest earned                                                                                 337.53
10, $M M} t# }*P 1 k44*411 Total advance to the special account at the end of this period                  1000325.53
J4K#   z # ijL)P;*Az 6il 41143 W  (The notes are integral parts of the financial statements)
10


（五）财务报表附注。
财务报表附注
1．项目概况
世界银行贷款福建渔港项目贷款号为Ln8378，项目协议于2014年7
月7日签订，2014年10月3日生效，将于2020年12月31日关闭。项
目用于6个渔港、1个完善应急指挥系统、1个渔民职业技能培训及能力
建设及技术支持。项目计划总投资人民币635,377,600.00元，其中：世界
银行贷款60,000,000.00粎元，折合人民币365,445,000.00元。
2．财务报表编制范围
本年度财务报表的簖制范围包括：福建省海洋与渔业厅、福建省海
洋技术学校、霞浦县海洋与渔业局、霞浦县国有资产投资经营有限公司
项目财务报表及福建省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〔2000〕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2016年12月31日公布的汇率，即USDI二人
民币6.937元。
4．报表科目说明
4.1项目支出
2016年12月31日项目支出人民币4,129,281 .85元，累计支出人民币
15,706,944.76元，占总投资计划为人民币635,377,600元的2.94％。
4.2货币资金
2016年12月31日余额为人民币51,915,549.34元，为专用帐户人民
币6,939,258.2元，项目单位银行存款为人民币44,959,981.24元，现金为
1l


人民币16,309.9元。
4.3预付及应收款
20 16年12月31日余额为人民币22,800,653.93元，其中，应收款是
霞浦县财政局未分割的先征费为人民币9犯，279.04元；霞浦县国有资产
投资经营公司渔港专户转出到本公司其他帐户，年末未归还余额为人民币
20,000,000元；霞浦县国有资产投资经营公司渔港指挥部购买北京现
代越野车一辆，车身价为人民币172,643 .56元记“固定资产”，车险为人民
币6,428.33元记“在建工程，，科目，合计为人民币179,071.89元，经查阅，
项目可研报告中无购买汽车项目。审计期间，霞浦县国投公司已自行纠正
并暂挂“其他应收款，’。
4.4项目拨款
2016年12月31日余额为人民币25,442,095.23元，为省、县无偿的
配套资金，占配套资金总计划人民币266,929,600元的9 .53％。其中：省
级到位资金为人民币212,098.23元县级累计到位资金为人民币25,230,000
元。
4.5项目借款
20 16年12月31日项目借款余额为人民币25,442,098.23元，其中：
国际复兴开发银行贷款l,150,000.00美元，折合人民币7,977,550
元，占核定贷款总额的2.17％。其他为国内借款，即霞浦县财政局借给霞
浦县海洋与渔业局用于项目前期费用为人民币10,000,000.00元。
具体提款情况如下：
一应鸳』
4.6应付款。2016年 12月31日应付款余额为人民币50,001,241.60
元，主要为霞浦县国有资产投资有限公司向县财政局借款为人民币
50,000,000元，时间为一年期。
l2


4.7留成收入。专用帐户存款利息粎元337.53，服务费支出美元12,
余额粎元325.53，折人民币2,258.20元。
5．专用账户使用情况
本项目专用账户设在兴业银行福州西门支行，账号为
118081400100011525，币种为美元。2016年4月21日省财政厅向世界银
行提款粎元l,000,000。
6．其他需要说明的事项
项目资金平衡表中国际复兴开发银行贷款期末数与期初数之差、项
目进度表中相应本期发生额与贷款协定执行情况表人民币本期提款数不
一致是由于历年汇兑损益造成的。
13


v. Notes to Financial Statements
Notes to Financial Statements
1. Project Overview
The loan number of World Bank Financed Fujian Fishing Port Project is
LN8378, and the Loan Agreement was signed on July 7, 2014 and came into
effect as from Oct 3, 2014. The loan provided by World Bank, totaling USD
60,000,000.00, will be closed on Dec 31, 2020. The loan is used to finance the
construction of 6 fishing ports, the upgrading of I emergency command
system, the vocational training of fishermen and capacity building &
implementation support, with planned gross investment reaching RMB
635,377,600.00.
2. Consolidation Scope of the Financial Statements
The scope of financial statements prepared covers: the special account
statements of Fujian Provincial Department of Ocean and Fishery, Fujian
Provincial School of Marine Technology, Xiapu Marine & Fisheries Bureau,
Xiapu State Owned Assets Investment & Operation Co., Ltd and Fujian
Provincial Department of Finance.
3.Main 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
(CaYizi[2000]N6.13) of the Ministry ofFinance.
3.2 In accounting practice, the Gregorian calendar year is adopted as the fiscal
year from January I to December 3 1.
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, 2016 of the People's Bank of China, which is USDI=
RMB6.9370 yuan.
4.Explanation of Items in Statements
4.1 This project is currently under construction. As of December 3 1.  2016, the
project expenditures reached RMB 4,129,281.85 for the current period, with
cumulative expenditures totaling RMB 18,706,944.76, or 2.94% of the gross
investment (RMB 635,377,600).
14


4.2 Cash and Bank: As of Dec 31, 2016, the balance of monetary fund was
RMB 51,915,549.34, including the deposit equivalent to RMB 6,939,258.2 in
the special account, the deposit of RMB 44,959,981.24 in the owner's bank
account and the cash in hand of RMB 16,309.9.
4.3 Prepaid and Receivables: As of Dec 31, 2016, the balance was RMB
22,800,653.93, of which the receivables include: the front end fee of RMB
932,279.04 which hasn't been divided by Xiapu County Finance Bureau;
RMB 20,000,000 which was transferred from the fishing port special account
to another bank account of Xiapu State Owned Assets Investment & Operation
Co., Ltd and hasn't been returned by the end of this year; RMB 179,071.89
spent by the fishing port command post of Xiapu State Owned Assets
Investment & Operation Co., Ltd to purchase a Hyundai SUV (including the
vehicle price of RMB 172,643.56 which was stated as "fixed asset" and the
vehicle insurance premium of RMB 6,428.33 which was stated as an item
under "Construction in Progress"). Upon auditing, it's found that the project
feasibility report provides for no budget to buy any vehicle. During the audit,
Xiapu State Owned Assets Investment & Operation Co., Ltd has corrected the
expenditure as "Other Receivables".
4.4 Project Appropriation Funds: As of Dec 31, 2016, the balance was RMB
25,442,098.23, which is the counterpart fund appropriated by the provincial
and county authorities, accounting for 9.53% of the gross counterpart funding
of RMB 266,929,600, including RMB 212,098.23 from the provincial
authority and RMB 25,230,000 from the county authority.
4.5 Project loans: As of Dec 31, 2016, the balance of project loans was RMB
25,442,098.23, including USD 1,150,000.00 (equivalent to RMB 7,977,550)
borrowed from International Bank for Reconstruction and Development,
accounting for 2.17% of the approved loan. Withdrawals are detailed as
follows:
Category        tA   ##-0           #t0 AIL#1
Loan Amount       Cumulative   %Withdrawal Ratio
withdrawal   _________
1.Z4S Construction      52,910,300.00            0                0
2.   Goods              4,313,800.00             0               0
3. 1 J  -                2,625,900.00             0               0
Consulting service and
training
4.  0E, Front end fee     150,000.00        150,000           100%
5. t   A   Special               0         1000000               0
account
& # Total          60,000,000.00     1150,000.00         2.17%
15


Domestic loan includes the RMB 10,000,000.00 borrowed by Xiapu Marine &
Fisheries Bureau from Xiapu County Finance Bureau for paying the front end
fee.
4.6 Payables: As of Dec 31, 2016, the balance of payables was RMB
50,001,241.60, including mainly RMB 50,000,000 borrowed by Xiapu State
Owned Assets Investment & Operation Co., Ltd from Xiapu County Finance
Bureau, with loan period being one year.
4.7 Retained income: The interest of USD 337.53 has been generated from the
deposit of special account. After deducting the service charge of USD 12, the
balanced was USD 325.53, equivalent to RMB 2,258.20.
5. Special Account
The special account was opened with Fuzhou Ximen Sub-branch of Industrial
Bank Co., Ltd, with account number being 118081400100011525 and
currency being USD. On April 21, 2016, Fujian Provincial Department of
Finance withdrew USD 1,000,000 from World Bank.
6. Other Notes
The difference between the closing balance and the opening balance of World
Bank loan proceeds in the project funding balance sheet, and the difference
between the amount incurred in the current year as indicated in the project
schedule and the RMB amount withdrew as indicated in the loan agreement
performance sheet are caused by exchange gains or losses in the past years.
16