Audited Project Financial Statements
Project Number: 48289-002 Loan Number: 3543 Period covered: 15 November 2017 to 30 June 2019
PAK: Peshawar Sustainable Bus Rapid Transit Corridor Project
Prepared by Peshawar Development Authority and TransPeshawar (The Urban Mobility
Company)
For the Asian Development Bank Date accepted by ADB: 29 September 2020
The audited project financial statements are documents owned by the borrower. The views expressed herein do not necessarily represent those of ADB’s Board of Directors, Management, or staff. These documents are made publicly available in accordance with ADB’s Access to Information Policy and as agreed between ADB and the Peshawar Development Authority.
Financial Attest Audit Report on the accounts of Construction of Peshawar Mass Transit System (BRT) Peshawar Sustainable Bus Rapid Transit Corridor Project, ADB loan No.3543-PK Financed by the Asian Development Bank and Govern.ment of Khyber Pakhtunkhwa For the financial year 2017-19
Auditor GenyaI o\akista~-~slamabad
I I f , , r -r ~ .-,, • , • I,. " .'• . \
- 3 1 DEC 2019 Financial Attest Audit Report on the accounts of Construction of Peshawar Mass Transit System (BRT) Peshawar Sustainable Bus Rapid Transit Corridor Project, ADB loan No.3543-PK Financed by the Asian Development Bank and Governrnent of Khyber Pakhtunkhwa ]For the financial year 2017-19
Auditor General of Pakistan Islamabad TABLE OF CONTENTS Abbreviations and Acronyms ...... 1 Preface ...... 2
PART-1 ...... 3 Project Overview ...... 4 Auditor' s Report ...... 5 Financial Statements ...... 7 (Peshawar Development Authority) ...... 8-31 Trans Peshawar Company ...... 32-43
PART-II ...... 44 Covering letter to the Management...... 45 Executive Summary ...... 46 Management Letter ...... 48 1. Introduction ...... 50 2. Audit Objective ...... 50 3. Audit Scope and Methodology ...... 50 4. AUDIT FINDINGS AND RECOMMENDATIONS ...... 51 4.1 Organization and Management ...... 51 4.2 Financial Managernent ...... 51 4.3 Procurement and Contract Management ...... 65 4.4 Construction and Works ...... 67 4.5 Asset Management ...... 76 4.6 Monitoring and Evaluation ...... 76 4.7 Con1pliance with rules ...... 76 4. 8 Performance Rating of the Project ...... 77 4.9 Risk Rating of the Project ...... 77 4.10 Compliance with grant/ loan covenants ...... 77 4.11 Environ1nent ...... 77 4.12 Sustainability ...... 77 4 .13 Overall Assessment ...... ,...... 77 5. CONCLUSION ...... 78 ACKNOWLEDGEMENT ...... 79 Annexures ...... 80 Abbreviations and Acronyms
A.A Administrative Approval ADB Asian Development Bank BOQ Bill of Quantity BRT Bus Rapid Transit CALSON Chaudary Abdul Latif & Sons CTR Central Treasury Rules DPs Displaced Person ECNEC Executive Committee of National Economic Council IPC Interim Payment Certificate IPSAS International Public Sector Accounting Standards ISSAI International Standards of Supreme Audit Institutions KPUMA Khyber Pakhtunkhwa Urban Mobility Authority LARP Land Acquisition and Resettlement Plan MMP Mot Macdonald Pakistan NMT Non-Motorized Transport PC-I Planning Commission Proforma-I PDA Peshawar Development Authority PEC Pakistan Engineering Council SNGCL Sui Northern Gas Company Limited TMTD Transport and Mass Transit Department TOOP Transit-Oriented Development Plan UTS Urban Transport System
lJ Pa ge PREFACE
The Auditor-General conducts audits subject to A1iicle 169 and 170 of the Constitution of the Islamic Republic of Pakistan 1973, read with Sections 8 and 12 of the Auditor-General's (Fun~tions, Powers and Terms and Conditions of Service) Ordinance, 2001. The Financial Attest Audit of the "Construction of Mass Transit System (BRT) Peshawar Sustainable Bus Rapid Transit Corridor Project" for the financial year 2018-19 and Trans Peshawar (The Urban Mobility Company) for the financial year 2017-18 and 2018-19 under ADB Loan No.3543-PAK, financed by the Asian Development Bank and Government of Khyber Pakhtunkhwa, was carried out according! y.
The Directorate General, Audit, Khyber Pakhtunkhwa conducted Financial Attest Audit of the "Construction of Mass Transit System (BRT) Peshawar Sustainable Bus Rapid Transit Corridor Project under ADB Loan No. 3543-PAK, financed by the Asian Development Bank and Government of Khyber Pakhtunkhwa for the financial year 2018-19 and Trans Peshawar for financial year 2017-18 respectively in September 2019, with a view to reporting significant findings to stakeholders. Audit examined the economy, efficiency, and effectiveness aspects of the project. In addition, Audit also assessed, on a test check basis, whether the management complied with the applicable laws, rules and regulations in managing the project. The Audit Repo1i indicates specific actions that, if taken, will help the management realize the objectives of the project.
The report was finalized in light of the discussion with the Project Management. The Principal Accounting Officer was also requested to convene the DAC meeting however; it was not convened till finalization of this report.
The report consists of two paiis. Part-I contains Auditor' s Repo1i (Audit Opinion) and Financial Statements. Part-II contains Executive Summary, Management Letter and Audit Findings.
The report has been prepared for submission to the Asian Development Bank in terms of its loan agreement with the Govermnent of Khyber Pakhtunkhwa. N1~ Dated: 12-- / 11..L2019 (Asmat Ullah Shah)-- Peshawar Director General Audit Khyber Pakhtunkhwa
21 Page PART-I
1. PROJECT OVERVIEW 2. AUDITOR'S REPORT TO THE MANAGEMENT 3. FINANCIAL STATEMENTS
3 1P age PROJECT OVERVIEW
Name of the Project Construction of Mass Transit System (BRT) Peshawar Sustainable Bus Rapid Transit Conidor Project Sponsoring Authority Asian Development Bank Executing Authority Government of Khyber PakhtW1khwa, Transport and Mass Transit Department through Khyber Pakhtunkhwa Urban Mobility Authority and Peshawar Development Authority Loan No 3543- PAK PC-I Cost (Original) Rs. 49.346 billion PC-I Cost (Revised) Rs. 66.437 billion ADB share (Original) Rs. 41.881 billion ADB share (Revised) Rs. 53.320 billion Khyber Pakhtunkhwa share (Original) Rs. 7.465 billion Khyber Pakhtunkhwa share (Revised) Rs. 13.117 billion Date of commencement ( original) December 2017 Date of commencement (Actual) December, 2017 Date of completion (as per PC-I Original) 30th June 2018 Date of completion (as per PC-I Revised) 31 st March 2019 Date of approval by ECNEC 14th November 2018 Loan closing date as per Loan Agreement 31 st December 2021 Loan utilization status during 2018-19 Rs. 21.403 billion ADB share (PDA) Rs. 16.662 billion (Trans Peshawar) Rs. 1.418 billion Khyber Pakhtunkhwa share (PDA) Rs. 2 .122 billion (Trans Peshawar) Rs. 1.201 billion Progressive expenditure up to June, 2019 Rs. 46.038 billion ADB share (PDA) Rs. 3 7.13 5 billion (Trans Peshawar) Rs. 2.503 billion Khyber Pakhtunkhwa share (PDA) Rs. 5 .166 billion (Trans Peshawar) Rs. 1.234 billion
41 P age OFFICE OF THE DIRECTOR GENERAL AUDIT DGA = 9211306 KHYBER P AKHTUNKHWA Fax: = 9222417 PBX: = 211250-54 PESHA.WAR
AUDITOR'S REPORT (AUDIT OPINION)
We have audited the accompanying financial statements of Construction of Mass Transit System (BRT) Peshawar Sustainable Bus Rapid Transit Corridor Project, financed by the Asian Development Bank under Loan No. 3543- PAK as of September 2019 for the year ended upto 30th June, 2019.
These financial statements are the responsibility of the Management. Our responsibility is to express an opinion on the accompanying statements based on our audit.
We conducted our examination in accordance with International Standards on Auditing. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of misstatements. Our audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the Financial Statements. Our audit also includes assessing the accounting principles and significant estimates made by management, as well as evaluating the overall statement presentation. We believe that our audit provides a reasonable basis for opinion.
The management of Peshawar Development Authority & Trans Peshawar (E. A's) is to prepare the accompanying statements in the format agreed between the Asian Development Bank and Government of Khyber Pakhtunkhwa as noted in the Minutes of Negotiations for the Loan, on a cash receipts and disbursements basis in which cash is recognized when received and expenses are recognized when paid, rather than when incurred/ on the accruals basis in which expenses are recognized when incuned and revenue is reported when income is due.
In our opinion, (A) the aforementioned financial statements and appended notes that were also the subject of the audit, fairly present in all material respects except expenditure of Rs 101.671 million for which record was not provided, the financial position of the project as at 30-06-2019 and the results of its operations for the year ended up to 30-06-2019, in conformity with
SI Pagc Acceptable Accounting Standards, applied on a basis consistent in all material respects with that of the previous year; (B) the Peshawar Development Authority & Trans Peshawar (EA's) have utilized all proceeds of the loan withdrawn from Asian Development Bank only for the purposes of the Project as agreed between the Asian Development Bank and Government of Khyber Pakhtunkhwa in accordance with the Loan Agreement; and no proceeds of the loan have been utilized for other purposes; and (C) the P<~shawar Development Authority & Trans Peshawar (EA's) were in compliance as at the date of the Financial Statements of the year of audit with all financial covenants of the Loan Agreement.
In addition:
a. (1) With respect to Statements of Expenditure, adequate supporting documentation has been maintained to support claims to the Asian Development Bank for re-imbursements of expenditures incurred; and (2) the expenditures are eligible for financing under Loan Agreement No 3543-PAK
Dated: I 2. /12/2019 (Asmat Ullah Shah) Peshawar Director General Audit Khyber Pakhtunkhwa
61 Pngc FINANCIAL STATEMENTS CONSTRUCTION OF MASS TRANSIT SYSTEM (BRT) PESHAWAR SUSTAINABLE BUS RAPIU TRANSIT CORRIDOR PROJECT ADB LOAN No. 3543-PAK FOR THE YEAR ENDED ON 30th JUNE, 2019
A) Peshawar Development Authority Page No Statement of Receipts and Payments 8
Statement of Comparison of Budget and Actual Amounts 9
Notes to the Financial Statements 10-31
B) Trans Peshawar (The Urban Mobility Company) F.Y 2018-19
Page No Statement of Receipts and Payments 32
Statement of Comparison of Budget and Actual Amounts 33
Notes to the Financial Statements 34-37
C) Trans Peshawar (The Urban Mobility Company) F.Y 2017-18 Page No Statement of Receipts and Payments 38
Statement of Comparison of Budget and Actual Amounts 39
Notes to the Financial Statements 40-43
7J Page FINANCIAL STATEMENTS BRT Project Implementation Unit (manag e d by Peshawar Development Authority) ADS Loan 3543-PAK: Pes h a w a r Sus t ain a ble Bu s Ra pid T r ansit Corridor Pr ojec t Statement of Cas h Rec e ipts and Paymen ts for t he per i od ended 30th June 2019
FY 2018-19 (PKR) FY 2017-18 (PKR) Payments by Third Parties Payments by Project Payments by Third Note Tota l Payments by Project Au thorties Total Aut horties Parties Receipts External Assistance 5 16,661,719,718 16,661,719,718 20,473.830,630 20,473,830,630 Counterpart Funds 2018-19 6 3,555,822.000 3,555,822.000 4,292.469,000 4,292.469,000 Total Receipts 3,555,822,000 16.661.719,718 20,217,541 ,71 8 4,292,469,000 20,473,830,630 24,766,299,630
Payments Civil Works 7 1,391 ,095, 149 · 15,901 ,582,217 1"7,292,677,366 1,492,334,641 18,846,580,145 20,338,914 .786 Consultants 8 294,992,304 760,137,501 1,055,129,805 52,013,438 350,461 ,945 402.475,383 . Utilitily Relocation 9 188, 111 ,465 188, 111 . 465 108,731 ,647 1,275,000,706 1,383,732.353 PIU 10 87,066,?48 87,066,248 127,84'8,534 · 127,848,534 Enviornmental and Social Mitigation ~ Pro(ect Des_1~nAdvacne (P.GA) 11 1,787,834 . 1.787,834 Land Acquisition for Depots · 1:169,6 98,297 12 101,670,979, 101-,670,9.79 1,169,698,297. .-~ '{ Social 'Resettlement Cost 13 78,942.822 78,942,822 80.043,791' .80.043.791 Advertisment 1~ 970,','34 970.73:4 13,237.290 13,237,290 Total Paym ents 2,142,849 ,701 16,661,719,718 18,804,569,419 3,043,907,638 - 20,473,830,630 23.517,738,268
lncrease/(Decrea·se) in Cash 1,412,972,299 ~ 1,41 2,972,299 1,248,561 ,362 Cash at beginning of year 15 • 1,248,561,362 1.248.561 ,362 Bank Profit 16 56,314,110 56,314,11 0 Cash at end of year . 2,717,847,771 - I\ - 2,I1_I_,_847, 7_7_1
1 F:".io-:-.r. · ~
FY 2018-19 (PKR) FY 2017-18 (PKR) Actual Budget Difference of Bu dget Actual Budget Difference _of Budget an d Actual and Actual
Cash in Flows External Assistance 16,661,719,718 16,661 ,719,718 0 20,473,830,630 (20,473,830,630)
Counte_rpart Funds 3,555,822,000 3,555,822,000 0 4,292,469,000 (4.292,469,000)
20,217,541,718 20,21i ,541,718 24,7.66,299,630 (24,766,299,630) Total Receipts ® Casti ,Outflows Civil Works · 17,292.677,366 28,409,085,214 11 ,116,407 848 20.338,914,786 . 31 ,620,0QO,OOO 11,281 ,085,214
Consultants 1.,055, 129,805 .7-40,524,617 (314,605,1 88) 402,475,38~ 483,000,000 80,524,617
Util~i!y Re!ccatic~ 188,111 ,465 . . 1 } 9,267 ,647 (i1.843 .818) 1,383.73 2,353 1,680,000._000 296.267,647 \ ~ . Enviornmental and Social Mitigation 0 ~ PIU BRT 87 066.248 72,151 ,466 (14,91<17 82) 127,848,534 (127,848,534)
Project Design Advacne (PDA) 1,787,834 (1,787,83<1)
Land Acquisition for Depots 101 ,670,979 330.301,703 228,630, i2 4 1, T69,6!:18.297 2,1 50,000,000 980,301 ,703
Social Resettlemem Cost 78,942,822 39,956.209 (38,986,613) 80.043,791 63,000,000 (17,0A3,791 )
Advertisment 970,734 237,290 (1,208,024) 13,237,290 (13,237,290)
Total Payments 18,804,569,419 29,708,049,566 10,903.480, 1<16.82 23,517,738,268 35,996,000,000 12,478,261,732
Net Cash 1,41 2,972,299 1,248,561 ,362 ·v~ , - 'Dircctorl:in:ince ,~ .. Q ,.-,.t esha1var Sust.:iinablo-Bus)t'ip@ ~ t~... [ .:t'! ransit C?rridnr ~r~jecr ,; ORT Projec t I mpl ementation Unit (PI U) manage·d by Pi,shawar Development Authority
0 ADO Loan No. 3543: Peshawar Su:stainabh! !I~• ,Rapi_d Transit Corridor Project Notes to the Financial Statemehts For t he period! ended 30th June, 2019
1. Reporting Enllly , . , This financial statement is only for Peshawar Development Aut11or1ily being ProjeCI lmpleiTientalion Unft (PIU) of Peshawar Sustainable Bus Rapid Transit Corrn;tor Project. ·
The financial stalernen1s encompassed the reporUng entity as defined i,1 fln;mcing Agrecmenl betw een lhe Islamic Republic pf Pakistan and the Asian Development Bank fhe Financing Agreement (loan 3543-PAK) was signed on 22nd September 2017 ror an amo1 1n1 of US$ 335 million (2017) Ttie project ' became effective from 15 Nov 2017 wilh the closing date of 31 Dec: 2021. The Proiecl is !niplemenled through Khyber Pakhtunkhwa Urban Mobilily At1lhorily (Execuling Agency) TransPeshawar and Peshawar Development Authority being Implementing Agencies
\ . Financing: the financing is made in the form of c1edil based on Asian Oeve!opmenl Bank te,rns 25 years grace period 5 years and financing agreemenl numb.er is 3543-PAK.
Responsible Agency· A prin1ary responsibiHly for overall progress and management C?f tt)e loan has been enlrusl ed to Trrtnsport and Mass l I ans11 Deparlmenl . Government of Khyber Pakhtunkhwa,
2. Certification by Project Management on Application of Funds Peshawar Development Authority being Project hn plement~tion Unit {PIUj or P~sha\yitr Sustainable Bus Rapid Transil Corridor Project cer1ifierl that the fonrts h;we been applied/expenditure have been incurred for the pllr pose inlended in lhe financing agreemenL
3. AccounUrig Conventions and basis or pro pa ration The financial slalemenls tiave been prepared in accordance with C~sh Basis IPSAS {Financial Repo,1ing under The Cash Basis of Accounling) Transaclions are recognized only when cash or cash equivalenl rs paid or received by the project. The accounting policies have been applied consfstently throughoul the period.
4. Significant Accounting Polices 4.1 Foreign Currency Transaction Cash receipls and pa\•menls arising rrom l ransaclions in for.eign currencies are tecorded in Pale. Rupee by applying to the foreign currency amou11t. lhe exchange rate between !he Pak Rupee and the Foreign Currency at !he dale.cit the receipts and p.Jy1J1er)ls Exchange diffe•cnces a11sing on setlfemenl o' lhese irnn~actions are recognized in lhe Slalemenl of Receipls and Payments
4.2 Reportln9 Curroncv All amounts ln the linancbl slatements are in P2k Rupee. 4.3 Recognition of Expenditure Expenditure is recognized on !he date ,vhen payment is made or cheql•e is issu~d. FinBncial year'to wt1ich U1e payments pertain is delermrned by the dale on wllich a cheque or paymenl advice is issued. · 4A Payments by Third Pa1ty The projecl c1lso benefils from direct payments regarding civil works i!nd consultancy to lhe Conlraclor/Consullanl, Projecl au1horlties do not receive cash {including cash equivalents) directly from, or gain control of the bank accounts or similar·racilily,established for its benefit by, !he lhird parties Paymenls by lhird parties are disclosed in the payments by third parties column on the face of Sta1emenl of Cash Receipts and notes lo the financial slalements ·
4.5 Employees Terminal Benefits 0 The employees working for projecl arc regular government start and salaries of lhese a·re paid oul of development budget Markel based staff has been hired on contract basis. No 1e,minal benefits are payable to these employees by the project
4.7 Significant Estimates The preparation of financial stalemenl in conformfty wilh IPSAS requires m.anagemerit 10 value judgments. eslimales and assumptions thal effect !he application of policies and reported sources and use or funds. The estrmates and associa!ed Bssumplions are based on historical experience and various olher factors thal are belleved to be ,easonable under the circumstances. and !he res~ills of w:hfth fonn the basis of mar.:.ing judgment about uses or funds The eslimales and underlying assumptions are reviewed on an on-going basis.
5. External Assistance Financing: the financing is made in the form or credit base(t on Asian 0 evelopment B"nk lorms 25 years . grace period 5 years and financing agreement number is 3543--PAK.
l:.oan No. 3543.PAK FY 2018-19 (PKR) ______FY 2017,18 (P~------·- (Ordinary Capital Resources) PKR USS PKR USS Direct payment 5.1 ___1c..c 6~.6~6-"I,c_ 7.cc19cc.7c.cl..c8_,3-'-3--"$_ _ _ 16 1, 76'1]!3J.} .1 ;m ,, .-3.aJo 6?9 a-1 _,s_ _ ,_,a_,~33~-1 ."o" 06 Talat 16,661,7'9,718,33 : $ 161 ,764, 269.11 20,'173,830.629,84 $ 18 1,334,404~05 5.1 Dftect Payment This procedure used 101 payment to conlracl ors, suppliers of goods, and superi.iision consultants. There are 06 large civil works conlracls {3 road packages and 3 building) which are administered by Peshawar Oevelopmenl Aulhdrily (POA). By procedure, contractor submit Invoice along with an interim progress certificate showing lhe completed civil works for the period. The construction supervision consultants ,eviewed !he interim progress certificale against the contracl and endorse the invoice to PDA Upon satisfactory review. PDA's Projecl implementation unit (PIU) is prepared a wiU,drawal application (WA) fo, direct paymenl lo the contractor, for signature of loan authorized signatories. AOB made payment tp the conlractor based on !he submitted WA.
Direct payment procedure is also used for payment to consultants T~ere is one conslruction sup·ervision consuttanl contract which is administered by PDA The supervision consullanls is submitted their invoices to POA for verificatiOn. Once lhe invoices and inputs are verified, PDA's PIU prepared a WA for direcl payment. for signature or Ifie loan authorized signalories, ADD made d irect pa)lment lo the account or !he co,,sullant based on the WA
6. Counierp:trt Funding by Government of f FY 2018-19 (PKRI FY 2011-18 (PKR) Receipts GoKPK Funds · PD~ for BRT Project BF 3,555,822.000 4,292,469,000 P:iyments Land acquisition 10 1.610,979 1. 169,698,297 PIU PDA Charges 87.066.248 127.848,534 Ta~es/Oernond Noliccs for Civil works 1.391 095 149 I 492.33d 64 I Sales Tax for Consull Tolal . 1.o~s, 1_~0 80_5 _ ~02,47_5,383 8.1 Project Managemenl and Construclion Supervision Consultants c+:>nlracl is awarded to MM Pakistan in Association w;lh Molt Macdonald , payments made to MM Pakistan in PKR and US$ is used io, paymenfs to Mott Macdonatd. 8.2 Individual confracls ,:i ,e awarded for LARP Consultant, Socic:1I Oevelophlent and Re-Sc~llement Consultant and Social Gender Consuftanl Utility Relocation _____l:Yl0!_8..:!~JY. FY 2017-18 (PKRL__ _ Ulilily Refocalions (funded by ADB) 9 1 1,275,000,706 Utility Relocations (funded by GoKPK) 9 2 188. 11 1.465 108,731.647 Tolal 188,1 11,465 1,383,732,353 fl.nnt!•urc.E 9.1 POA claimed reimbursement from AOB through four withdrawal appiicalions U0001. 0no1O. BRO22. and BROSS~ · 10 PIU PDA Chargos ____£1'_2_()1 8-19(PKfY_ FY 2017-18 (PKR) PIU _·_ ___ 87.066,~18 ______1,., Zc.7,811,53~- Total --- 87,066,248 ------·- 127,848,534 "IUlc:irurc-F 11 P roject Design Advacne {PDA) Project Design Advacne (PDA) -·--- 7-· - . -"~-- --~-,.;______Tol~I , __ ._ ___. ______.,_ 1,c.7:c.87,_,,"-8Jc..4.c.. Anncxure-G 12 Land Acquisition for Depot f- y 2018:19 Jf.~!31 ______FY 2()1J:18f~ Land - :--101,670.!~~. 1169 698,297 Anncicurc-tl Tolal 101 670,979 -----_ _ _ __'.1.!.C,1c:6c.::9,c:,6c.::9.:.8 ,c:2.:.97 :_ ··-·-·. 13 S0cfiil Ro.settlement Cost . _ _l;_Y ~p~~-.1~(P_~R) __ _ _ FY 2017-18 {PKR) Social Reselllement . ---78,942,822_ .. -·-· ______80,04J, 791 _ Total 78,942,822 80,043,791 14 Advertlsment Charges _!'.!'_2S)_1/!:!UP~_R) FY 2017-18 (PKR) Advert isment _ _ ___9~70 .734 __ •·-·------'1"'3,c,2~7.290 /\nncxurc-J Total ---· ~ 7..Q,_7_J.4 13,237,290 15 Cash at beginning or yc;1r .• _. FY20,l8-f 9 1PKR) __ FY 2017~jPKR) Cash al Beginning 1,248,561,362 Tolal 16 Profit .__fl_~~UUP_Kf3.) _ FY 2017_:18 (PKRJ 16.1 Profrl al Bank 55.634.P40 __ _ lotal 55 634,Q~.Q ______..:.,__ An.-icll:un.•-K 17 Genoral 17.1 Level o f Precision Figures in these financial slalements have been rounded off the nearest rnpees 17.2 Corresponding flg11res C••=~•••o '•••• M,o~ !)_~"' ooa "°'"''~"'"•=••"'°.'~a•~••~~- ,. - jj - ,'1;. \ ~ I · ~ ,(bd I Olli or frupcctldri l •ill , , · i(G,. 'i/q\'fl'<.' ,•1-,-•l!,• . ; iJ'.ij: f:,~_• ._;;l~J&l(~M4hl~J ADB Loan 3543-PAK: Peshawa r Sust a inable Bus Rapid Transit Corridor Project Proj ect Implementat ion U nit (Pes hawar Development Author ity) Fin ancia ls for Civil w or k s Co ntracts upto 3 0 th Ju ne , 2019 (Amounts in PK R ) Contract Name: Civil Work for Chamkani to Firdaus Reach-I (BS-01 to 85-08) Contractor Name: SGEC•MAQBOOL-CALSONS JV Original Contract Cost: 7,270,164,460/- Revised Contract Cost: 10,664,2S3,474/• Amounts Claimed Deductions Net Amount Date IPC No. WA No. Mob. Advance Retention Money Disable Person ,ax A h ded f Paid by Gross Amount Mob Advance I. Tax (7.5%) Prof.tax (DPR) I ny 01 er uc 10n Recovered (5%) ADB 4/12/2017 Mob.(IPC-1) CF-001 545.262,335 (40,894,675) 545,262,335 5/12/2017 Mob.(IPC-1) CF-002 545,262.335 l (40,89• ,675) I 545 262.33S 16/12/2017 IPC-2 BR-007 706.~98.062 I (35,344,903) (53,017,355) 618,535,804 1 ,037.337,201 26/1/2018jlPC-3 BR-016 1.1 &5,52P30 I (59,276,412) (88,914,617) 4/3/2018 IPC-• I BR-028 so6.s95 .0•1 I (40.344, 752) (60.5i7.129) (100,000) (2,000) 705,931,166 I 1/4/2018 IPC-5 BR-040 1.-IU7.187.551 (272.631 , 167) (70,359,378) (105,539.066) (1 15,885) 958.542,055 2/6/2018 IPC-6 BR-059 I. 738.880.108 (272,631,167) (86,944,005) (130.416.008). (668.973) 1.248,219,955 471.966:045 7/8120 IS IPC-7 I GR-086 5,9.506 .337 ' · (26,975,317) (40,462.975) (100,000) (2,000) .. ', 13/11/201 8 IPC-8 (Doller !\/CJ 106/35 per$ I UR-107 763.909.072 ( I 90. 977 .268) I 38.195.453°.6 I) (5i.2 93. I 80) ( 1,527.824) 475,915..352 1'7/1212018· IPC-9 (Doller ,VCi 106/35 "r,cr S GR-121 800,Z45.145 (254,284.977) (6.068.0t 1.95) (60.018.386) (355.212,1 91) 124,661.580 1015/20 I 9IIPC-10 .: I- DD-12 655.935.197 - - - ( t00.000,000) . (49, 195.140) .·1 506.74Q,057 300,000,000 ' ' 10/5/2014 IPC-H , · Dll- 1:? 91)~.258.270 I. (1>8.119.35(>) . (541l.1.iX.9 14) · · 10/5/2019 IPC-1 1· f 1)1)-13 ·• 540,138,914 29/04/20 I'I IPC-lJ W11hcld :mmunt ·()l) .()X 355,212,191 2/6/20 I'I 1Pl'-t2· · . ! ll} \J" 20 31<39 70.1 92 '21.62• .780 ' 2/6/20 I 'I ll'l -12 I)(>"" 21 (J9 ,12U59 ) 7.450 168,525.286 Total (PKR) 10.034,867,799 1.090,524,670 (1,090,524.579) (363,508,232) (834,404,421 ) (200.000) (1,531.824) 896,128,513 8,916,220.468 F inancial Summary of Contract Execution upto this report PKR Contract Amount 10,664,253.474 Total Paid by ADB upto this report 8 916,220,466 Contract Balance 1,748,033.006 @) Contract Name: Gvil Work for Post Firdaus Gnema to Aman Chowk Reach-II (B5-09 to BS-18) Contractor Name: CR21G·MAQBOOL-CALSONS JV Original Contract Cost: 10,611,163,380/- Revised Contract Cost: 13,467,S84,387/• Amounts Claimed Deductions Net Amount Date IPC No. WA No. Mob. Advance Retention Money 0 Disable Person tax Paid by Gross Amount Mob Advance I. Tax (7.5%) I Prof.tax Any other deduction Recovered (5%) (DPR) ADB 14112/2017 IMob.(IPC-1) BR-005 1 500.000.000 1,500,000.000 2211212017 IIPC -2 BR-009 225.349.058 (11.267.453) 214.081.605 26/1/2018IIPC-3 BR-015 928.018,610 I ! (46.400.931) (69.601.396) -812.016.284 11312018 II PC~ BR-027 968,078.786 (48.403.939) 1ag:so1.oeai (100,000) (2,000) 830.065. 759 13/4/2018jlPC-5 BR-042 1.560, 755.233 1 I (375.000.000) (78.037,762) (117.056.642) 990.660.829 29/5/2018~_:§_ BR057 2,006,445,756 I (375.000.000) (100.322.288) ( 150.483.432) (156.183) 1.380,483.854 14/8/2018IIPC-7 BR-082 8 I 6.848.006 (80.536.609) (40.842.400 3011 (6 1.263.600) ( )00.000) (2.000) 634,103.396 I 311 1/20 I 8 IIP C-8 ( Doller NC) I 04/80 per S ,OR-108 708,214.191 ( ! 77.053.5221\ (35,410,709.56)1 (53.116.064 li ( 1.062.358) 441,571 .538 12/12/20!8jlPC.-9 (Doller NC) 104/80 per S BR-120 1.054.059.431 (263.514.884) /52.252.965.60)1 (78.379,501) (9.000.000) 650.~12,081 19/03/2019 IIP.C- 10 1)1)..i 6 I 5.587.209 (I 54.062, I 34) (30.779,360.00)i (46.)69 ,041 ) 384,576,674 18/03/2019j1PC-1 I (Doller NC) 104/80 per S DD-3 736.954.438 ( 74.832.859) (36.m.6&0 oo~ @ 7 1.62_5_) (699.959) 569.302.315 2/6/201'9jJPC-12 IDD No. 22 144.503.375 7 18.127.667 2/6/2019jJPC- 12 IDD No. 23 I. (35.906)83) (53.859-.575) (3.452.97N) 480.405.376 Total 10,338.438,386 1,500,000,000 i 1.500.000.007.80) .' (5 I 6.471.870.6 I·) (•774.707.964-.32) /200.000.00) I 1.066.357.60)1 ( IJ .3119.l 19.M) 9,032,683,086 I Financial Summary OtContract Execution. upto this report PK~ Contract Amount .13.46_1.sa4_3e~ K! l Total Paid by ADB upto this repo'rt 9.032.683.08~ Contract Balance a.43<\,901,301 ~ Contract Name: Civil Work for Gora Qabristan (Post Aman Cl)owk) to Cancer Hospital Hayatabad Reach-Ill (85-19 to 85-31) Contractor Name: CR21G· MAQBOOL-CALSON5 JV Original Contract Cost: 10,561,421,551/· Revised Contract Cost: 14,883,421,551/· . Amounts Claimed1 Deductions Net Amount '"· ' - Date IPCNo. WA-No. Mob. Advance Retention_Money Disable Person tax- Paid by Gross AmOunt Mob Advance I. Tax.(7.5%) Prof.tax Any other deduction Recovered (5%) (OPR) . ADB 15112/2017 Mob.(IPC-1) BR-006 1,58•.213.233 (118,815.992) 1,584,213,233 16/12/2017 IPC-2 BR-008 499,963,425 (24,998.171) 474,965,254 2611/2018 IPC-3 BR-014 584,073,366 (29,203,668) (43,805,502) 511,064,195 22/2/2018 IPC-4 BR-023 804,880.266 (40,244,013) (97,863.277) (100.000) (2,000) 666,670,976 2/4/2018 IPC-5 BR-039 s1 8.5o3.83o I (48,925.192) (73,387.787) I 856,190,851 81512018 IPC-6 BR-046 1,618.092,341 (396,053.308) (80,904,617) (121 ,356.926) 1,019.777,490 29/S/2018hPC-7 BR056 1,981.467.281 (396.053,308) (99,073,364) (148,610.046) 1,337,730,563 18107/2018 IPC-8 BR075 1,551,064,814 (396,053,308) (77,553.241) (116,329.861) 961,128,404 27/8/2018 IPC-9 BR-083 903,110.806 (45.155.540.30) (67,733.310) 790,221 ,955 2/11/2018 IPC-10 (Doller NC) 106/35 per S BR-103 l_,132.143.820 (283.035. 955) (56.607.233.55) (84,910.797) . (2.264.298) 705,325,537 6/1 2/20 I 8 IPC-11 (Doller NC) 106135 per S . IW-117 1.116,491,972 (49,006.930.80) (86,272.396) 1.790.934 I !249.029.054) 733.974,525 6/12/2018 ll'C -11 · BR-l 16 242A20,259 (t 13,0 t 7,354) (23.600,898.00) ( l 5,645.976) (l.791.030) 135,566,7&4 9/5/2019 IPC-12 00 - 10 284 ,725.531 (21.354.4 15) ·263,371, 116 -530,561,880 9/5/20 I 9 IPC-13 DD-10 .. 573.580.41 I . , . (43,0 18.531 ) .. : 563,808,211 915/20 I 9 IPC-14 · .. 00-10 728.969.608 I (54.672.721) ( 110.488.624) ·9/5/2019 IPC-14 {Wl°ll amouht DD-II ' . , . 110,488,624 29/04/2019 IPC- 11 (WH) ainount DD-09 •· : 249,029,054 2/6/2019 ll'C- 15' [)[) No.! 7 . 99,295.060 567 ,313.0(!3 i I l/6/2019 . ll'C- 15 DD No 18 " ·. (42.-548:'175) (5.o57.82 ,, Net Amount . ~ Amounts· Claimed Deductions ·• - Date IPC No. WANO. '· Mob: Advance Retention Money · Disable Person tax Paid by ·· Gross Amount Mob Advance I. Tax (7.5%) Prof.tax Any other deduction Recovered (10%). (DPR) ADB 10/0612018 Mob (IPC-1) BR-006 322.199,513 (24, 164,963) 298,034,550 WI0/201 8 IPC-2 13R-093 124 .230.650 ( 12.423.065) (9,3 17,299) 102.490.286 22/1 !/20! 8IIPC-3 flR-113 239,759.086 (5,776.422) (17,981.93 1) (450,000) 215,550,733 20/12/2018 IPC--1 BR-123 215.658.713 ( 10,760.436) ( 16. 140.654 l 188.757.623 122.917,879 23/ 1/2019 IPC-5 DD No. I I 167,518.828 (25.579,563) (8,375,941.00) ( 10.645.445) 14/03120 19 IPC-6 DD-02 266.3 I 1.354 I (66,577.9 18) (13,315,568.00) ( 14.980.008) 17 1,437,860 154,089,004 26/03/2019 IPC-7 DD-06 239.677,846 (59,919.46 1) (11,983,893.00) ( 13.481.879) I (203.609) 27/05/?019 IPC-R DD-07 210.787.9111 (52,696,975) (10,539,395.00) ( 11,856,820) (266,490) 135,428,221 Total 1.463.944,378 322,1 99,513 (204,773,917) (73,174,720) (118,568,999) (920,099) 1,388,706,1 56 Financial S ummary of Contract Execution upto this report PKR Co ntract Amount . 2,147,996,754 Tot,al Paid by ADB upto this report 1,388.706, 156 Contract Balance 759,290,598 Contra~t Name: Chamkani Bus Depot and Park & Ride : LOT- II Contractor Name: ANHUI CAL.SONSJV Original Cont"'ct Cost: 2,114,202,389/- Revised Contract Cost: " • Amounts Clai med .. Deductions Net Amount Date ·, IPC No. -WA No. • · Mob. Advance Retention Money Disable Person tax , Paid by Gross AmOunt Mob Adyance I. Tax (~•:5%) Prof.tax Any other deduction ' Recovered (10%) (DPR) ADB 2610612018 Mob (IPC-1) BR-067 317.130,353 (23,784.777) . 293,345,581 2610612018 IPC-2 BR-068 105,491 639 (10,549,164) (7,911,873) 87,030,602 2718/2018 IPC:-3 BR-084 126.531.073 ( 12,653.107) (9,489,830) (100,000) (2,000) 104,286.1 35 ! 811012018 IPC-.t llR-10 1 I g4_092.U45 (18,409,205) (13:806 903) (368, 184) 151,507,753 2011212018 IPC-5 BR-124 212,185.395 (10,609,270) (15,913,905) 185,662,220 61212019IIPC-6 DD-01 513,216 831 ( 126,814,067) (4,855.104) (28:980,207) I 352,567.453 171412019 !PC-7 DD-02 690. 172. 152 ( 172.543,038) (34,508 608) (38,822.1841 I 444,298,323 Total 1,831.689,1 35 317,130,358 (299,357,105) (91 ,584,458) (138,709,680) (100,000) (370,184) 1,6)8 ,698,067 Contract Amount 2,114,202. 389 Total Paid by ADB upto this re po rt 1,518.698.(!67 Co ntract Balance 495,504,322 €J Contract Name: Dabgari Staging Facility, Commerical Area and Park & Ride LDT- Ill Contractor Name: ANHUI MAQBOL JV Original Contract Cost: 2,386,721 ,942/- Revised Contract Cost: I Amounts Claimed Deductions Net Amounr- Date IPC No. WA No. Mob. Advance Retention Money Disable Person tax Pa id by Gross A mount Mob Advance I. Tax( 7.5%) Prof.tax Any other deduction Recovered (10%) (DPR) ADB 14106/2018 Mob.(IPC-1) BR-064 I I 358,008.291 (26,850.622) 331 ,157.669 317/2018 IPC N0.2 BR-071 22 1. 790.099 (22,179,010) (16.634.257) ; 82.976.832 15/08/201 8 IPC NO 3 ilR-081 156.316,061 (15,631.606) (11 ,723,705) (100.000) (2.000) 128,858.750 2718/20 l 8 IPC--1 llR-085 I 5 9.457.620 (15,945,762) (1 1.959,322) I 131,552,537 Wl0/201R IPC-5 llR-095 15 0 .024.296 (15 002,430) (11.251,822) 123,770,044 16111/2018 IPC-6 llR- 112 300.111.2s3 I (67.920,694) (15,005,564) (17,414.294) 199,770.731 20112/20 18 I IPC-7 13R-125 209.195 .256 (52.298,814) (10,459.763) (11,767 233) 134,669.446 8/2/2019 IPC-8 DD-01 199.687,259 (49,975.505) (9,984,363) (11.228,382) 128,499,009 19/3/2019 I IPC-9 I DD No.5 239_051..;24 I (59.762.856) (11.952.571) (13.446,643) (49.000) 153,840.354 27/05/20 I 9 IPC-10 DD No. 16 191,586.622 (47,896°,656) (3.175.029) (10.776.747) ~191,295) 129.546.895 2/6120 I 9 IPC- 11 I DD No.19 I 9 3 .338,084 (48,334.521 l ( 111.875.267) (111,375)1 134,016,921 Total 2,020 ,558,004 358,008,291 (326,189,046) (119,336,098) (153,928,294) (100,000) (2,000) (351,670) 1,778,659,1¥ - .. Revised Contract Amount (ADB S hare) 2,366. 721,9"'", i~ Total Paid by ADB upto this rep ort .. 1,778.659.18& Contract Balance 608,062,754 i'- - {#,.ii.-,;.Dirci:to.,-Eiifiin·ce:- ;t. t• t' ...-: . ' • . , ~ ;.i ~ · Pcsiia,v.arSustailia61e.13us,Rapiif' k~~'lfran!"J" ~ . - - ·· , • Peshawar Sustainable Bus Ra·pid Transit Corridor Project Pro j ect Implementation Unit (Peshawar Development Authority) Financial s for Consultants Contracts upto 30th June , 2019 (Amounts in PKR) Contract Name: Proje ct Mana gement Consut3nts and Supervision Contracto r Name: MM Pakistan Pvt lt d . Original Contra ct Cos t: Revised Contract Cost : Amounts Claimed (Pt Date tnvNo . WA No. Profossk>nal Tax Gross Amount Mob Advance Mob Recovered I, Tax (7.5•1.1 Salos Tax (15%) o n GoKP Rocoupable from I GOP Panelty/Wlthold Net Amou nt paid by A08 (PKRI 6/12/2017 M ob.(lnv- 1) MP-001 I D2.300.181 92.) 00.18 1 22/2/2018 INV-1. Nov-017 BR-024 32.000,482 I (4 ,173 ,976) '2.7.826 50t, 27/2/2018 INV- 2, Oec-017 BR-026 46.992,985 I ( 18,460,036) I (6,129,520) 22.~0).~29 3/4/2018 INV-3, J an-018 BR-038 58.898.012 I ( 18,460,036) (7 ,682.357)\ 32,755.<,79 23/04/2018 INV-4, Feb-018 I BR-043 53.099 .19 5 I (18.460.036) (6 ,926.060) \ 27) 1.\700 15/5/2018 INV-5, Mar-018 BR-051 66,110,990 (1 8.460.036) (8 ,623, 174)1 39.027,780 31/512018 INV-6, Apr-018 BR-058 63,619.1ss I I (18,460,036) (8.298,151 )1 36,860,968 31/0712018 INV-7. May-018 BR-076 69,021,835 1 I · I (9.002.848) 60.0 I 8 'J87 ISN/20 18 JN V-8. fom:-OIX llR-0X7 !8.1895 I 9 (7 .«02.~8 I l (600,000) 50.086,5 3X 9/ 10/2018 INV-9, July-0I X llR-094 74 ,480.412 · (IJ.114.836) 64,i6 S.376 INV- 10, Au!!USl-0I K 7,573) . ,• 6 7/l l/2018 IIR- 104 JS.894.729 (6.;1 .. J2.5l7 .iS 22111,2018 \NV-1 l. Scpnnber-018 llR- 114 46.835.658 (6.108.?99) J0,726.659 11/ 12/2018 INV-12 October-I S \JR- I 19' 56,842.202 4.S4 7,376 (7 .J 14 .20.0) 49.428,00 2 1 20/12/2018 IN V- D November- IS : 13R'-12T 99 .796,514 ? .?SJ.721 (13.016.937) (57,876,201) ~8.)0; .:;;6 1 1 I :!S/02 201 } INV -13 Novcn1ncr- l8 I II!{-\ ;,, I I I SJ,.SiG 20i ?i.:nh ~i,I .ar.i20lf) INV- 14 D~cc,nbcr-101 ~ BR- LW. 66.205.J 18 . . (X.o;,; J89)1 51.561J.021J 15/3'l:?Olt1 INV- 15. Jau-018 . IIH- 142 57) 44,3S5 I , . (7,Jl9.6 89)i I 49.~0J t,6(, 13/05/2019 INV- 16. F.:hurnr,-0 19 · llR- 1-43 47.523.J0X {h . l'JX,692) I 41.J°;41il6 14/51:?QJ() 1:,.JV-17, \.1ar-OIIJ llH-147 47,409,<108 :1 \6,18•.'lOl l 41 .~16.007 24J;i1019 l~V - 18. Apnl--019 BR- Id? · JIY>tU06 I c:-:J?S.8<>2) I 36.17~.l,14 ~ Total paid (PKR) 1,034,963,844 92,300,181 (92.300, 180j 12.s J1,097 I (134 ,995,275) (600.IX>0) 899,368.570 f_t 17/4~ .~ ·"'-~ ;n itcd.()~Fioan~'; -~.;,I Pcshnwa'r s uStainablc eubtrpfd ~ Tra nsit Corridor ProJcc~ I•-~~;;;. _• . .-t~. - • K ~ .: ,.,~ SUMMARY AND DETAIL 01' ADU PAYMENTS MADE TO CONSULTANT FOR SUPERVISION SERVICES Contract Name: Project Management Consutants and Supervision Contractor Name: Mott Macdonald Original Contract Cost: USS 1,977,000/· Revised Contract Cost: Amounts Cl~imod (USS) ...... n ..~"-'"'OS m !USS) D.1te Inv No. WA No. ,.< T••, ..... 112.5"1.) Gross Amount Mob Advance MFYI UUob Recon,1.\,V vereVll;CIO:,d'l,l 1 _ I ,.DK?··- ··-- ,---, I __ I ~--5 2212/ZOIBjlNV-1 , Nov-017 (Dollars S) BR-025 s 109,125 s (11.861)1 s (1 4 ,23• >15 83,030 8/3/2018jlNV-2. Dec-017 (Dollars S) BR-032 s 68.489 I s (7,445) S (8,933)1 s 52.1i1 3/4/2018IINV-3. Jan-018 (Dollars S) BR-037 s 171,401 I s (18.630) S (22.357)1 s 130,414 9/5/2018j1NV-". Feb-018 (Dollars S) BR-04 7 s 208.699 I S (26,087) S (23,819)1 S 158,793 28/5/2018 jlNV-5. Mar 18 i D~llars Sl BR-055 s 241.2s9 1 I s (30.161) S 127,538)1 S 183,590 2/10/2018 I INV-6. Apr-018 (Dollar, S) 13R-O __21_10~0_1_:(_[_it-l_V-7.:vtay-018 (Dollars S) IIR-092 s 7<,.962.00 s (9.6!0 ~5)1 S (8.78◄.0011s 58,558 9/10/2Oi8[1NV-R . .lunc-0IS (Dollars S) llR-096 s 50,43J 00 s !6.31lJ .25) 5 (S.75600)1 S -38,374 'I/I0/2018!1NV-9 . .l ulv-0 18 (Doll,rs S) BR-097 s 39 377.00 s (4.lJ22. I) ) S (4,494 00)1 s 29.961 6/12/2018! INV-10.• ~u cusi-018 (Dollar,-S) BR-I 1; s 38,877.00 s (4,860.00) S (4,431.0011 s 29,580 6/ 12/20 18j(NV- I I, Sop1cmbcr-OI 8 (Dollars S) llR- 118 s 54.lliOO s (6.Rl 9 13) S ~IS 41.508 ~/1_/2~19~V - 12-1"3 Oc1obcr& N~v ~0 18_(Oolla~l OR-1 32 s 2su~~.oo I s (J l.% 5.2; )1 s 129, 18600)1 S 194,571 1/3/2019 I INV-14 & I; ~c()_I~ & Jan 2()19 (Dollars) ~ R-1; 7 s 183, 168.0U s (22,S%.OU)j S J_i0 ,•J0;,Q0)i S 139.367 f Ji0S/2019 I 1-NV-16 Feb 2019 (Dolbrs) ~R- 144 s 34,85;,Q0 s (10,5(,'),00) S (9.650 00)j 5 64.u36 13/0512019 I INV-17, ~::1~ch-0l 9 (l}oil:i~s) llR- l;0 (114,021) ( 104,106) 694.038 912116; I - -2,016.523.88 lTotal paid 's 2.650.194.00 ·S s (325,546.13) I s jJoa,12◄.001I s T/~71 ) VY!r·.- /.~ I· I .J ·, /,/_· ~,.. . . '--~'1 )'Iii. - - i· ...... l/1/ . - . • Dir r ·' • . . ~ · Pcsltawar S ,-- -~orF rnancc.. ., ~ ,_ -~ ;I ,; •if-. ~-~-udit: ~O.• ?.'t'1rns-~....- ~ ·pec- ~ -!~ < ~. ..· ,·"'•'" Gol 9-0ct-2018 BR 093 01 Civil works 00 11, ANHUI Maqbool JV ( LOT 1) 102,490,286 854 085 72 9-0ct-2018 BR 095 01 Civil works 001(, ANHUI Maqbool JV ( Dabgari LOT 3) 123. 770,044 1,031 ,417 03 10-0ct-2018 BR 101 01 C1v11wor1 6-Dec-2018 BR 116 0 1 C1v1JWor1 •' 20-Dec-2018 BR124 01 Civ1!Wor1 14-Mar-2019 0 0-001 01 I Civil works 10002 DG PDA / Oabgari Depot L.:OT-111 128.499,009 19-Mar-2019 00-005 I 01 Civtl works 0021 ANHUI-Maqbool JV/ Dabgan Depot LOT-Ill 153,840,354 10-May-2019!00- 012 I 01 !Civ1IWor1 -.... , Peshaw ar Sustainable Bus Rapid Tran sit Corridor Project Paid to Income Tax Deptt. (Income Tax) (Annex-B) Date Descriotlon Cheque No. Cheque Amount 19/01/2018 I BRTTax 21373116 100.000.000 8f>J2018 BRTTox 2137313.t 200.000.000 27/02f.!0 I 8 BRTTax }1697877 50.000.000 21103/2018 BRT Tax 66336096 153,226.361 1713/2018 BRTTax 6i485154 250.000.000 23/04/20 I 8 BRTTax 67485211 I 200.000.000 28.105/201R IJRT Tax ' I 894300 ;00.000.000 25,'6.'20IS BRTTax 48::?3il9 60.000.000 21(,6/2018 I 13RTTax >82372 126.9 IJ .227 28/6/20 I 8 !JRTTox 482353 2.699.012 28/6120 I 8 13RT Tux ➔82354 88 1. 208 28/6/20 I 8 I BRT Tax 48235S q1 3,542 2&16/2018 !JRTTa~ ➔82356 10.306.96S 28/6/2018 13RT Tax 482357 110,653.833 ~ 281612018 BRTTax 4823S& 1.334.500 28/6120 I 8 BRTTax 482359 14.726.44S ·u . . 2816/2018 BRTTox 482)6 1 I0,000,000 •. 28:6/20 I 8 BRT Tax 482)6~ .· 679.54 8 2X :v2UI~ !.SK I l.1:\ . . +\l894J.!7 100.000000 7,'l'.:018 ilRTTax 3189~3.J.'J I OOJKl0.000 25,-'>12tl I X rmT T.i.x 4X~21J4 56.8-l9.036 25 lJ(?Ull-i URT T~tX ➔8529, 10.019.665 ~-- •Jt101S IJR fTax -1~52'lf-i ~.303.-11X :!~ 'l,201 !\ 13RT l'.x 16062919 }0,827.881 29 10, 2018 llRT Tax ]I 8943'7 100,UOO,OOU 30 I l,101X BRr Tax 31 XQ,(;67 150,000.000 ~ 21<12::201x llRT Tox _143555:'J IOOJKJ0.000 }O 11:019 fl RT T:ix 34SSQ9~; 100.0()0,000 27,1/20 19 !lRT Ta., )4~~9972 I 00,000.0oO 1,• 21)19 llKT Ta., 3JMK99j )10 lllJ\l.000 2~ ~/2019 flRTTox J4KQ()()OU 2 I 9,flC)O,O ~8 06,2Lll4 I RO City Rllf.:11D iv Pi.:~ha,,.ir J4SCJOI 1• l,S:!8.'.'.89 -,,, r , Total ,,,..,-... .Z.883,429,790 ~ ,, I ~ YV~ - . Pcslmwar S u$t:1in.1blCBus..-R.41.pid Tr.:in siLConlt.lur Projt.-ct ,.. J!:!~·"1-•.. -.,,.r -_ !-i·· -;r: --·.;,_.t, - • ,. . ····,.; _t..... ::2.: -' - ----' Li_:~ _~ _ i Peshawar ·Sustainable Bus Rapid -Transit Corridor Project . Consu ltant Supervi sion Net Payment (Annex-C ) Date of WA WA.No . Cataory Cataory of Ex penditu jPCSS Name of Parties PKR US$ 6-Dec-2017 MP001 04 Consultant 0001 MM PAKISTAN (PVT.) LIMITED 92.300, 181 881,147 22-Feb-2018 BR024 04 Consultant 0001 MM PAKISTAN (PVT.) LIMITED 27.826,506 265,647 27-Feo-2018 BR026 04 Consultant 0001 MM PAKISTAN (PVT.) LIMITED 22,403.429 213,875 2-Apr-2018 BR037 04 Consultant 0001 MM PAKISTAN (PVT.) LIMITED 32,755,679 312.703 21-Apr-2018 BR043 04 Consultant 0001 MM PAKISTAN (PVT.) LIMITED 27,713,700 264,570 14-May-2018 BR051 04 Consultant 0001 MM PAKISTAN (PVT.) LIMITED 39,027,780 372.580 29-May-2018 BR058 04 Consultant 0001 MM PAKISTAN (PVT.) LIMITED 36,860,968 351 ,895 31/07/2018 BR076 04 Consultant 0002 MM PAKISTAN (PVT.) LIMITED '60.018,987 572.974 18-Sep-2018 BR 037 04 Consultant 0007 MM PAKISTAN (PVT.) LIMITED 50,086.538 478.153 9-0ct-2018 BR094 07A Consultant 0015 MM PAKISTAN (PVT.) LIMITED 64,765,576 618,287 7-Nov-2018 BR 104 04 Consultant 0001 MM PAKISTAN (PVT.) LIMITED 42.517,156 405,892 12-Dec-2018 BR119 04 Consultant 0001 MM PAKISTAN (PVT.) LIMITED 49,428.002 471 ,866 22/1 112018 BR114 04 Consultant I MM PAKISTAN (PVT.) LIMITED · 40,726.659 388.799 20-Dec-2018 BR-122 04 Consultant 000 1 MM PAKISTAN (PVT.) LIMITED . 28.903,376 275,927 25-Feb-2019 BR136 04 Consullant 0001 MM PAKISTAN (PVT.) LIMIT.ED. 57,876,201 552,517 4-Mar-2019 BR13-9 04 Consultant 0001 MM PAKISTAN (PVT.l LIMITED - 57,569,929 549,594 15-Mar-2019 BR142 04 Consultant 10001 MM PAKISJ'AN (PVT.) LIMITED . 49,864,656 476,035 .\3) 2210212018 BR-025 I 04 Consultant .10001 .. MM PAKIST-AN (PVT:) LIMITEDl·Mott Macdonald 26.850.7'98 83,030 3-Aug-2018 BR-032 04 _ .Consultant 0001 MM PAKISTAN (PVT.) LIMff.EDI Molt Macdonald · 20,194,900 52,111 10 ,.,1:.,a,,i:: I 4·-Mar-2018 BR-037 04 Consultant - looo1 IMM PAKIS'fAN (PVT.) L!MITED{Mott Macdona!d , v , ,1,..v4 ,"'-..v 13p.41~ , 5-Sep-2018 BR-047 04 . Consultant , • · 000 1 MI\A PAKISTAN (PVT.) LIMITED/ Motl Macdonald .. 18.261 .195 . 158.793 28/0!l/2018IBR-055 04 Consultant 0001 MM PAKISTAN (PVT.) LIMITEO/'Mott Macdonald 14.345.540 183.590 18-Sep-2018 BR 091 04 Consultant· •· 0001 MM PAKISTAN (PVT.) LIMl:rEDI Mott Macdonald 14,159,280 117.994 1-0c:-2018 BR 092 07A · Consultant 000 1 MM PAKISTAN (PVT.) LIMITED/ Mott Macoonald 7,026,960 58.558 9-0ct-2018 BR 096 07A Consultant 10001 MM PAKISTAN (PVT.) LIMITED/ Mott Macdonald 5,732,210 38,374 9-0c,-2018 BR 097 07A Consultant 0001 MM P~KISTAN (PVT.) LIMITED/ Mott Macdonald 4,980,960 29,961 6-Dec-2018 BR 115 04 Consultant jooo 1 MM PAKISTAN (PVT.) LIMITED/ Mott Macdonald 4,604,880 29,580 12-Dec-2018 BR118 04 Consultant 0001 MM PAKISTAN (PVT.) LIMITED/ Mott Macdonald 3,549,600 41,508 ® 4-Feb-2019 BR132 04 Consultant 0001 MM PAKISTAN (PVT.) LIMITED/ Molt Macdonald 3.511,320 194.571 1-Mar-2019 BR137 04 Consultant 0001 MM PAKISTAN (PVT.) LIMITED/ Mott Macdonald 9,133,300 139,367 13/05 201 9 llR- I~3 04 Consultant 0001 MM PAKISTAN (PVT.) LIMITED 41.324.616 394,507 H /5120 l ~(j .,. j ,. .. in . .,./ ' ~ ~ ..•.~-~,. Auait.Offi,ce.r s~ectio]l . ~ ·I : • ,, Dimto,)" Oaa« ··: j --P°'esAaw.afs,i?tiiina_'hlcBus Rani ,rl · ::C: .i1t~~~ ~~'.;'~! ~~.fl·•A,.e _,i . '!~~4rare?~~.::~"3!-f.!..,o!_:• . _roJ,e. ---~ ""l ~ ~ r--:~.;n~ra%~1.a1!"11fo--• ~= -P'- ~ •- -r ~..~. ~- -!.)•- • • _ _...:::,.: Peshawar Sustainable Bus Rapid Transit Corridor Proiect Paid to Income Tax Deptt: (Sales Tax) Annexure-0 Date Cheque No. Ch eque Amount 27/4/2018 67485217 22,773,569 28/6/2018 482366 29,232,173 1/4/2019 3488992 130,000,000 26/06/2019 34890001 165,000,000 Grand Total. .... >>>> 347,005,742 , ..~ · /'iJ'fiMK.· _· __- ~ _17iQ ~ 1 0 ;.. :; - . Dirictor::F~;nce-~- - : · f~~ ~""F~-'.~~-•C•~ ,~~~~:·- fn>~:!ii'Ya~~u~f~~lfB~~;pid j {'::s;;ce_,.r;t%,~•,:=.,¥-i'~,>·,;\-~· ' .., •;\;, ·: ~; ,.-1:rnnsff-Cort:.iOorPiofect ' l :It- - ~ ~· ,,., '. - .,, ~l"""'I ~ ~ ~L~ -- . ~ - .. _., ! !·~ ,.. Peshawar Sustainable Bus Rapid Transit -Corridor Project Utilities Relocation GoKP (Annex-El Date CV No Cataory of Expenditure Name of Parties PKR 20-Nov-2017 U0001 Utility Relocation VARIOUS 500.000,000 12-Jan-2018 BR010 Utility Relocation VARIOUS 343,550,000 15-Feb-2018 BR022 Utility Relocation VARIOUS 364,750,706 25-Jun-2018 BR065 I Utility Relocation DG PDA I 66,700,000 To mi (ADB) 1,275,000,706 March, 2018 2113/16 Utility Relocation IPTCL 7,704,918 March, 2018 2219/28 Utility Relocation CEO Pesce 29,300,110 Aonl, 201 8 2327/43 Utility Relocation ICantonme nt Executive Officer 1,600,000 Aon.I 2018 2485162 Ul!lity Relocation Cantonment Executive Officer 1,500,000 April, 2018 2503/64 Food Street Cantonment Executive Officer 25,000,000 May, 2018 2650/84 Utility Relocation !Cantonment Executive Officer 1,500,000 May, 2018 2648/84 Utility Relocation I HQ Siqnal 11 Crops 5.614, 116 May, 2018 2722/93 Utility Relocation Cantonment Executive Officer 1,500,000 May, 2018 127971102 Utility Relocation CEO Pesce 23.412,503 June. 2018 2972/125 Utility Relocation Cantonment Executive Officer 1,600,000 ~ June, 2018 3184/151 Removal of Hording Board Cantonment Executive Officer 10,000,000 July,2018 35/1 63 Utility Relocation Cantonment Executive Officer I 1,500;000 July, 2018 143/163 Utility-Relocation Cantonment Executive Officer 1,500.000 ~ July, 2018 - 159/178 Utility Relocation Station _Head HQ-Peshawar: Cantt. 23,129,981 July, 2018 - 224/186_- Utility-Relocation Canlonment Executive Officer 1,500,000 Auqust, 2018 1366/207 .. Utility•Relocation . 23 Siqnal Battalian Peshawar -268,800 September, 2018 · 29130 Utility Relocation 'Cantor:iment Executive Officer 3,100,000 September. 2013· 38/31 - · Utility Relocation Cantonment Executive Officer 1,600,000 ·. ~ October. 2018 42/34 Utility Relocation Cantonment Executive Officer 3,000,000 Oc,ober, 2018 942/42 Utility Relocation CEO Pesce• 9,355,294 November. 2018 1170/72 Utility Relocation CEO Pesce 54,445,124 November. 2018 1244/81 Utility Relocation Cantonment Executive Officer 3,100,000 November, 2018 1324/908 Utility Relocation GE Army services Peshawar 1,297,000 December 2018 1494/111 Utility Relocation Senior Manager PTCL 50,000,000 December, 2018 70/42 Utility Relocation Cantonment Executive Officer 3,000,000 January, 2019 79/46 · Utility Relocation SNGPL 650,000 Apnl, 2019 107/55 Utility Relocation PESCO 612,780 May 2019 119/59 I Utility ·Relocat1on . ISNGPL 1,937,160 May, 2019 120/59 Utility Relocation CEO Pesco 9,158,277" June, 2019 129/62 Utility Relocation Cantonment Executive Officer 9.907,049 June. 201 9 130/62 Utility Relocation Cantonment Executive Officer 9,050,000 I Suh- l"otal ~ .... 2%.M-13,112 C r_a_nd· 111ral (.\-'-B) !/ •I"'- ·- I .S7 I .X-IJ.818 -rr ~ I ) m~ ~ . . "..c- \! r· ' ~ ircctorY,ini ncc. ~- ~ t ~ t\u~ce!:.fn;P,CCtio~ . ii \';'l'cshawartSustairia61c;Jlus Rap'~ ~;-_ ,.,,-~{r :~•-.- . - ~,-~... ~~ ": .... ·- .....~~~5• -~~ t -er•"'1'7•_•.,"fl.~ ~.. I : ·,•" .. ' '·°"'f· '\;·'~ • · ~-;{:c..Jp ns1t.~orr~~~!J JC~r-~~ '.'I ,4.rM...--:- ...11 . _;_._ Jk .rt~,-..~ Peshawar Sustainable Bus Rapid Transit Corridor Project PIU EXPENDITUR E ANNEXURE-F S.No I Payment 2017-18 2018-19 Amo unt Contingencies 3,577,123.00 7.691 ,673.00 11,268.796 2 Salaries 5,056,380.00 15,213,206.00 20,269,586 3 POL I 0, 183.080.00 22,341.7 I 0.00 32,524,790 4 Purchase of Machinery and Transport 48,586,513.00 (20,607,447. 15) 27.979.066 5jBRT Allowance 60,445,438.00 62,427, l 06.00 122,872,544 jGRAND TOTAL 127,848,534 87,066,248 214,914,782 @ l'--, -'· If'.T,-· - ·. (~ "' ··.•~ Peshawar Sustainable .Bus Rapid Transit Corridor Project Project Design Advance (PDA} (Annex-G) Date of WA WA. No. Cataory Cataory of Expenditure PCSS Name of Parties Value date PKR US$ 18-Jan-2018 BR011 07A. Project Design Advance 0015 ABDUL HAFEEZ BUZDAR 20180126 749,650 6,815.00 18-Jan-2018 BR012 07A Project Design Advance 0016 NAILA JABEEN 20180129 182,295 1,650.22 18-Jan-2018 BR013 07A Project Design Advance 0017 ABDUL NASIR KHAN 20180129 151,149 1,368.27 31-Jan-2018 BR017 07A Project Design Advance 0015 ABDUL HAFEEZ BUZDAR 20180208 484,220 4,402.00 31-Jan-2018 BR018 07A Project Design Advance 0016 NAILA JABEEN 20180209 120,000 1,086.41 31-Jan-2018 BR019 07A Project Design Advance 0017 ABDUL NASIR KHAN 20180209 ·100,520 910 05 Total 1,787,834 -~ ~ ~%w f ,,.~- .,.,..... ~10<-.f., rrJil f."· ;:;.... i - · - : ~-~~. ' , , .:~; •·· -c, ,;..•.l'\,On:ecton-Fmanc~ Land Payments (Annex-H) S.no Date CV.No Payment Made Amount 1 Nov, 2017 1/99 Deputy Commissioner 752,719,000 2 Dec,2017 1103/90 Deputy Commissioner 116,979,297 3 April, 2018 2502/64 Aman Chowk 1st Payment 300,000,000 4 May, 2019 121 /59 LAC 1,670,979 5 May,2019 122/59 Aman Chowk 2nd Payment 100,000,000 GRAND TOTAL 1,271 ,369,276 ® (}··n ·@? . / . Al \1/V / · ,.. , U¼-=- :i-. ~~ ~- . ::: ~- ~~-f -·-.i .~;~r--..,,s. ,,Drrector Finag.ce.. •:.,:,;,~,;;:; ...... --r . - -~ .'l~ ... •":' ~· ... - '...... ,., . .. ~, :-'i,...':f111:,,- ·I ;.;peslrj1Wli.'r~u ~!ftinabf~l3us/R~pid h . ·-- ~--..:'°'.""" --- .. ~ ...., : @) ~r::-:t~:~: :,'.:, ... ·::Ffjuisit'Corrido'¼.~oject ~.-'"' .; '~~~~.~,qr;~ ~-~r !".""~-11 .:;i { "• rJ:• , :."--~~ ~,,..~"'-• . 1. -- ,·-!""-, .•• G-£, ... =r:~.::,.}'\..' i Peshawar Sustainable Bus Rapid Transit Corrido r Project Social Resettlement GoKP Payments (Annex-I) S.No Payment Month CV. No Am ount 1 LAC January, 2018 1379/141 10,000,000 2 LAC January, 2018 1403/146 2,111,300 3 LAC January, 2018 1404/146 376,699 4 LAC January, 2018 1405/146 4,550,340 1651 ,1652,1653,1 5 Resettlement Payments February, 2018 654,1655, 1656, 17 47,1748,1749 31,828,278 6 Resettlement payment March. 2018 2024,2025,2060 4,600.000 7 Resettlement Payments April, 20'18 2358,2508. 6 ,503,975 8 Resettlement Payment May,2018 2699.2848 . .20,595,487 ~ .. 9 Resettlement Payment ·. July, 2018 158/178 4,800,000 . · 10 · ·Resettlement Payment · August. 2018 . 367. 368 14,390,000 11 . Resettlement Payment Sep'te!:nber, ·2018 41/32 10,235,000 . 12 Resettlement Payment October,. 2018 46 49 6 ,510,000 13 Resettlement Payment November. 2018 53/37 3,325.000 14 Resettlement Payment December, 2018 ' 68/41 10,725,000 15 Resettlement payment January, 2019 82/46 4,030,000 16 Resettlement Paynient January, 2019 83/47 5.175,000 17 Resettlement Payment January,20.19 81/46 · 1,345,000 ® 18 Resettlement Payment Feburary, 2019 93/49 2,295,534 . 19 Resettlement Payment June, 2019 '17,995,000 Total Gross Payment 161,391,613 lcancellaiion I December, 2018 I 9a/40 2,405,000 Total Net Payment 158,986,613 I' •• ·,·• • D.-;~, t .•, •.,. . ' "' ;.c:,.'. ,,:;, .__tree o~ _,~inancc., ;· " .. , . Peshawar Sustainable Bus l!!\pi ADVERTISEMENT CHARGES (Annex-J) I jM/S Midas 1ml Advance Payment For !\Jvcrtism cnts 6,585.635 2 MIS Midas l111I l'aymcnl For l3RT AJvcr11s111c111s 5,225,323 3 MIS Midas 11111Pay ment For l3RT /\Jvcnismc111s 640. 154 4 M/S Midas l1111 Payment For BRT /\Jvcrtism cn1s 155,692 : M/S·Midas fm! l'aymcnl For BRT /\Jvc nismcms 126.087 6 M/S Midas Intl l'aymcnl For BRT AJvcnismen1s 504.399 7 l'aymc m to Mr. Khaizcr Ali Khan for Oocumemary 47.074 . 8 Jia,d To Mr .. Manzoor Khan Complete BRT Route Coverage. 74.000 ·9 IP:1id To Mr. Manzoor Khan Complete llRT Ro111cCov cru~e. 7~.000 10 Paid•To Mr. Manzoor Khan Complete. URT Route Coverage. . 49,000 ® 11 !Paid To :vlr Manzoor Khan Complc1c·llRT Roule Covcra~c 49.000 i 2 Paid '\'o M r. Man~o(.)rKhan Compl1-!t\!!~ RT Roule Covr.:rngc I 49.000 13 ll'a,J To Mr. :Vfonzoor Khan Complc1c BRT Rou1c.Covcragc 49.000· 14 Pmd To Mr Manzoor Khan Comph.:lc BRT Routc"Covcrn!.!c 4'1.000 15 Paid To Mr. \1an7.oor Khan Compktc !!RT Route Covcrag._c I 49,001) ~ 16 l':11J To Mr M:mzoor Khan Complc1c Il l{ I' Route Covcra~c 49,000 \ ~ 17 l'a,J To Mr. Manzour Khan Complc1c llRT Roule Covcraec 98.000 18 l'a,J lO M/S Midas h11cma1ional 97,660 19 ,PJ1d To Mr :vlanzoor ~han Cornph:t1.:HRT Route Covcrngt..: -19.000 20 l'a,d To Mr Mtlnzoor Khan Compkle llRT Route Covcrn~c 50.000 21 !'aid To Mr. Manzoor Khun Compklc BRT Roule Coverage 40.000 11 Paid To Mr Manzoor Khan Compl~h.: !\RT Roule Covcrm!t..: 49.000 _) J- l':uJ To Mr. Manzoor Khun Complc1c !IRl RoUlc Coverage 49.000 Total /'"'\ / r; \ _,/'/ 1-1,208,0H , I I , I " I / Di recto r. Finance· ~ 1 . A~i~cer r~__ Q.ecti.9. "tr :.e;-:i Pcshawa~ Sustainable Bus Rapid-- : I;. :..1 •· - -.t:e · -:·ransit Co,rridor Proj'ect / J 1,. ~ -- • ~- % ·, __:_j L ,.·~ .. -,~ Peshawar Sustainable Bus Rapid Transit Corridor Project - Profit Ea med Annexure-K - 1 Profit l/8/2018 325,625.17 2 Profit 31/08/2018 187,215.00 3 Profit 30/09/2018 140,982.00 4 Pro fit 31/10/2019 61,397.00 5 Profit 30/11/2018 40,414.00 Total Profit at UBL 755.633.17 · Less WHT on Profit 75,563.32 .. . ,• · S ub-Total UBL(A} - 680,069.85_ ~ 1 Protit . 18-Dec 6,084,323 . ;r Profit, 19-J'an 12,537.696 . . 3 Pio fit 19--Feb . 8,903,006 4 . Pro tit 19-Mar 4.213,2.95 5 Pro tit I 9-Apr -~ 2.059,222 VV\ 6 Profit 19-May 6. 190,838 I 7 . Pro tit 19-Jun 15,645,660 Sub-Total BOK (B) 55,634,040 Grand Total 56,3 14,110 Q, ,~l ', ',. f . -~;¢~,~$- ,;. •<'; Ii .. Director Fma nce-,:ff': ,_.$,,, j i, ·:Peshawa:t sustainabfetB;t?&a:'pt&°~, t :""I· 1..,_ .• V ;. ( -t·,.';'fi/--· ~- *r• ' :',! l . .·,• Transit Corrid'oi;::fiofect; . ~;l,c~I ,.,~, .... ,... "' :-:~ :J ~- ·~ 1,_ "'h'~!!;':i.~ -\ ...--.:frl :t.. ~ t!'•:~ ."'"'-"'~ -,·a " . " ·.. "•,--:,--,-· ,•~- YEARLY PROJECT ACCOUNTS TransPeshawar (The Urban Mobility Company) ADB Loan No. 3543-PAK : Peshawar Sustainable Bus Rapid Transit Corridor Proiect Statement of Cash Receipts and Payments for the year ended 30th June 2019 FY 2018-19 (PKR) Asian Note Counterpart Funds Development Bank Total Funds Receipts External Assistance 5 1,314,141,019 1,314,141,019 Counterpart Funds 6 3,357, 115,296 3,357, 115,296 Total Receipts 3,357, 115,296 1,314,141,019 4,671,256,315 Payments Project: BRT Fleet 7 1,033,861,160 1,140,221,806 2,174,082,966 Intelligent Transport System 8 184,448,978 174,549,624 358,998,602 TransPeshawar: Capital Assets 9 1,720,168 3,068,507 4,788,675 Advances 10 2,002,959 1,505,933 3,508,892 Payable 11 (22,966,740) 111,475 (22,855,265) @ Operating expenditure 12 2,379,808 98,797,019 101,176,827 Total Payments 1,201,446,333 1,418,254,364 2,619,700,697 lncrease/(Decrease) in Cash 2,155,668,963 (104,113,345) 2,051,555,618 Cash at beginning of year 2,003,456 225,489,781 227,493,237 Cash at end of year 2,157,672,419 121,376,436 2,279,0~8,855 CHIEF FINANCIAL OFFICER TRANSPESHAWAR'~ YEARLY PROJECT ACCOUNTS TransPeshawar {The Urban Mobility Company} ADB Loan No. 3543-PAK : Peshawar Sustainable Bus Rapid Transit Corridor Proiect Statement of Cash Receipts and Payments for the year ended 30th June 2019 FY 2018-19 (PKR) Asian Budget Note Counterpart Funds Development Bank Total Funds 2018-19 Receipts External Assistance 5 1,314,141,019 1,314,141,019 Counterpart Funds 6 3,357, 115,296 3,357, 115,296 Total Receipts 3,357, 115,296 1,314,141,019 4,671,256,315 Payments Project: BRT Fleet 7 1,033,861 ,160 1,140,221,806 2,174,082,966 Intelligent Transport System 8 184,448,978 174,549,624 358,998,602 TransPeshawar: Capital Assets 9 1,720,168 3,068,507 4,788,675 12,200,000 Advances 10 2,002,959 1,505,933 3,508,892 Payable 11 (22,966,740) 111,475 (22,855,265) Operating expenditure 12 2,379,808 98,797,019 101, 176,827 269,311,741 ® Total Payments 1,201,446,333 1,418,254,364 2,619,700,697 281,511,741 lncrease/(Decrease) in Cash 2,155,668,963 (104,113,345) 2,051,555,618 Cash at beginning of year 2,003,456 225,489,781 227,493,237 Cash at end of year 2,157,672,419 121,376,436 2,279,048,855 ~ L CHIEF FINANCIAL OFFICER TRANSPESHAWAR TransPeshawar 1(The Urban Mobility Company) ADB Loan No. 3543: Peshawar S,ustainable Bus Rapid Transit Corridor Project Notes to the Financial Statements For the year ended 30th June 2019 1. Reporting Entity This financial statement is only for TransPeshawar (The Urban Mobility Company), being the operating company of Peshawar Sustainable Bus Rapid Transit Corridor Project. The financial statements encompasses the reporting entity as defined in financing Agreement between the Islamic Republic of Pakistan and the Asian Development Bank. The Financing Agreement (loan 3543-PAK) was signed on 22nd September 2017 for an amount of US$ 335 million (2017). The project became effective from 15 Nov 2017 with the closing date of 31 Dec 2021. The Project is implemented through Khyber Pakhtunkhwa Urban Mobility Authority (Executing Aaencv). TransPeshawar and Peshawar Devefooment Authoritv beina lmolementina Aaencies. Financing: the financing is made in the form of credit based on Asian Development Bank terms 25 years , grace period 5 years and financing agreement number Is 3543-PAK. Responsible Agency: A primary responsibilit}r for overall progress and management of the loan has been entrusted to Transport and Mass Transit Department , Government of Khyber Pakhtunkhwa. 2. Certification by Project Management on Applicattion of Funds TransPeshawar, being implementing agency c,f Peshawar Sustainable Bus Rapid Transit Corridor Project certifies that the funds have been applied/expenditure have be,en incurred for the purpose intended in the financing agreement. 3. Accounting Conventions and basis of preparatic,n The financial statements have been prepared in accordance with Cash Basis IPSAS (Financial Reporting under The Cash Basis of Accounting). Transactions are recognized only when cash or cash equivalent is paid or received by the project. The accounting policies have been applied consistently throughout the period. 4. Significant Accounting Polices 4.1 Foreign Currency Transaction Cash receipts and payments arising from transactions in foreign currencies are recorded in Pak Rupee by applying to the foreign currency amount, the exchange rate bHtween the Pak Rupee and the Foreign Currency at the date of the receipts and payments. Exchange differences arising on settlement of these transactions are recognized in the Statement of Receipts and Payments. 4.2 Reporting Currency All amounts in the financial statements are in Pak Rupee. 4.3 Recognition of Expenditure Expenditure is recognized on the date when payment is made or cheque is issued. Financial year to which the payments pertain is determined by the date on which a cheque or payment advice is issued. 4.4 Payments by Third Party (Asian DevelopmEmt Bank) The project also benefits from direct payments regarding procurment of BRT fleet and Intelligent Transport System. Project authorities do not receive cash (including cash equivalents) directly from, or gain control of the bank accounts or similar facility established for its benefit by third partiE!S. Payments by Asian Development Bank, being a third party, are disclosed on the face of Statement of Cash Receipts & Payment and Notes to the financial statements. 4.5 Employees Terminal Benefits The employees working for the project are contractual employees and salaries are paid to them from the funds allocated in PC-1 for TransPeshawar operations. No terminal benefits are payable to these employees by the project. 4.7 Significant Estimates The preparation of financial statement in conformity with IPSAS requires management to value judgments, estimates and assumptions that effect the application of policies and reported sources and use of funds. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, and the results of which form the basis of making judgment about uses of funds. The estimates and underlying assumptions are reviewed on an on-going basis. 5. External Assistance Financing: the financing is made in the form c,f credit based on Asian Development Bank terms 25 years , grace period 5 years and financing agreement number is 354:3-PAK. Loan No. 3543-PAK FY 2018-19 (PKR) (Ordinary Capital Resources) PKR US$ Direct payment 5.1 1,314,141 ,019 $ 11,691,061 .15 Initial Advance $ Total 1,314,141,019 $ 11,691,061.15 5. 1 Direct Payment This procedure is used for payment to suppliers and consultants. There are 02 supplier for BRT fleet procurment & maintenance and system control goods & services which are administered by TransPeshawar. By procedure, the supplier submits invoice as per the terms of contract for the goods supplied. The goods are inspected by TransPeshawar staff and inspection report is generated. Upon satisfactory review, TransPeshawar submit a withdrawal application (WA) for direct payment to the supplier. ADB makes direct pavment to the supplier based on the submitted WA. Direct payment procedure is also used for payment to consultants. There is one Operational Design & Business Modelling (ODBM) consultant contract which is administered by TransPeshawar. The consultant submit invoice for verification. Once the invoice and input are verified, TransPeshawar submit WA for direct payment to the consultant. ADB makes direct paymeot to the the coos,ltaot ~esobm;tted WA. <.,, 6. Counterpart Funding by Government of Khyber Pakhtunkhwa The counterpart funding is provided to BHT Project through KPK's Annual Development Program (ADP) and mainly these funds are relating to counterpart funds for duties and taxes. FY 2018-19 (PKR) Receipts - For Project 3,344,704,000 - For Operations - Bank Guarantee Income 12,000,000 - Interest Income 356,296 - Tender Fee Income 40,000 - Pink buses rentals 15,000 3,357,115,296 FY 2018-19 (PKR) 7. BRT Fleet ADB Funds: Direct payment to Supplier 7.1 1,139,591 ,395 Duties & Taxes Import Clearing Charges 630,411 1,140,221 ,806 Counterpart Funds: Duties & Taxes 1,028,169,845 L/C Opening Charges 5,788,221 Import Clearing Charges Volvo Pakistan Limited (96,906) 1,033,861,160 Total 2,174,082,966 8. Intelligent Transport System FY 2018-19 (PKR) ADB Funds: Direct payment to Supplier 7.1 174,549,624 174,549,624 Counterpart Funds: Duties & Taxes 184,448,978 184,448,978 Total 358,998,602 FY 2018-19 (PKR) 9. Capital Assets ADB Funds: Office Renovation 359,105 Electrical Equipments 563,588 Computer Equipment & Accessories 1,259,900 Office Equipment 93,159 Furniture 443,023 Vehicle Owned 349,732 3,068,507 Counterpart Funds: Office Renovation Electrical Equipments Computer Equipment & Accessories Furniture Vehicle Owned 17,600 Pink Buses 1,702,568 1,720,168 Total 4,788,675 Advances FY 2018-19(PKR) 10 ADB Funds: Pakistan State Oil Adv to Employees against Expenses 74,892 CyberVision lntrnational 1,427,391 Advance Income Tax 3,650 1,505,933 Counterpart Funds: Adv to Employees against Expemses Advance Income Tax 51,775 Advance income tax on bank transactions 1,951,184 2,002,959 Total 3,508,892 11 Payable FY 2018-19(PKR) ADB Funds: Performnace securities 111,475 111 ,475 Counterpart Funds: Performnace securities 34,960 WHT AIT (23,001,700) (22,966,740) Total (22,855,265) y FY 2018-19 (PKR) 12 Operating expenditure ADB Funds: Salaries, allowance and other benefits 77,863,951 Consultancy services 611,739 Advertisement 2,520,079 Office rent 9,030,000 Security guards 1,585,082 Travelling and conveyance 99,450 Seminars and workshops 848,555 Utilities 980,674 Vehicle rent 64,791 Printing and stationery expenses 809,779 Legal and professional fee 1,933,063 Auditors' remuneration Petrol, oil and lubricants 1,309,384 Office supplies 17,050 General Expenses Meeting expenses 3,953 Insurance 637,035 Repair and maintenance 193,632 IT expense 230,900 Bank charges 700 Postage and courier 57,202 98,797,019 Counterpart Funds: Salaries, allowance and other benefits Advertisement Office rent Security guards 116,736 Travelling and conveyance 763,337 Utilities 454,105 Vehicle rent Printing and stationery expenses 158,644 Legal and professional fee 870 Petrol, oil and lubricants 45,517 Office supplies 420,510 Meeting expenses 91,068 Accommodation expenses (19,421) Repair and maintenance 128,876 IT expense 8,910 Bank charges 20,844 Postage and courier 19,653 Books and periodicals 79,874 Miscellaneous 90,285 2,379,808 Total 101,176,827 13. General 13.1 Level of Precision Figures in these financial statements have been rounded off the nearest rupees. 13.2 Corresponding figures Corresponding figures have been rearranged and reclassified where necessary for the purpose of comparison. CHIEF FINANCIAL OFFICER TRANSPESHAWAR YEARLY PROJECT ACCOUNTS TransPeshawar (The Urban Mobility Company) ADB Loan No. 3543-PAK : Peshawar Sustainable Bus Rapid Transit Corridor Proiect Statement of Cash Receipts and Payments for the year ended 30th June 2018 FY 2017-18 (PKR) Asian Counterpart Note Development Total Funds Bank Funds Receipts External Assistance 5 1,310,149,932 1,310,149,932 Counterpart Funds 6 35,105,873 35,105,873 Total Receipts 35,105,873 1,310,149,932 1,345,255,805 Payments Project: BRT Fleet 7 100,000 1,021 ,019,399 1,021,119,399 Intelligent Transport System 8 TransPeshawar: Capital Assets 9 10,550,590 19,006,229 29,556,819 Advances 10 123,046 1,322,609 1,445,655 Payable 11 (284,275) (284,275) Operating expenditure 12 22,613,056 43,311,915 65,924,971 Total Payments 33,102,417 1,084,660,152 1,117,762,569 ~ lncrease/(Decrease) in Cash 2,003,456 225,489,781 227,493,237 Cash at beginning of year - Cash at end of year 2,003,456 225,489,781 227,493,237 (~ AUDIT OFFICER CHIEF FINANCIAL OFFICER DG AUDIT, PESHAWAR TRANSPESHAWAR YEARLY PROJECT ACCOUNTS TransPeshawar (The Urban Mobility Company) ADB Loan No. 3543-PAK : Peshawar Sustainable Bus Rapid Transit Corridor Proiect Statem~nt of Cash Receipts and Payments for the year ended 30th June 2018 FY 2017-18 (PKR) Asian Counterpart Note Development Total Funds Budget Bank Funds 2018 Receipts External Assistance 5 1,310,149,932 1,310,149,932 Counterpart Funds 6 35,105,873 35,105,873 Total Receipts 35,105,873 1,310, 149,932 1,345,255,805 Payments Project: BRT Fleet 7 100,000 1,021 ,019,399 1,021,119,399 Intelligent Transport System 8 TransPeshawar: Capiiai Assets 9 10,550,590 19,006,229 29,556,819 52,610,000 Advances 10 123,046 1,322,609 1,445,655 Payable 11 (284,275) (284,275) Operating expenditure 12 22,613,056 43,311 ,915 65,924,971 297,861,729 Total Payments 33,102,417 1,084,660,152 1,117,762,569 350,471,729 ~ lncrease/(Decrease) in Cash 2,003,456 225,489,781 227,493,237 Cash at beginning of year - - Cash at end of year 2,003,456 225,489,781 227,493,237 ,~ CHIEF FINANCIAL OFFICER DG AUDIT, PESHAWAR TRANSPESHAWAR TransPeshawar (irhe Urban Mobility Company) ADB Loan No. 3543: Peshawar S111stainable Bus Rapid Transit Corridor Project Notes to thn Financial Statements For the year ended 30th June 2018 1. Reporting Entity This financial statement is only for TransPeshawar (The Urban Mobility Company), being the operating company of Peshawar Sustainable Bus Rapid Transit Corridor Project. The financial statements encompasses the reporting entity as defined in financing Agreement between the Islamic Republic of Pakistan and the Asian Development Bank. Tile Financing Agreement (loan 3543-PAK) was signed on 22nd September 2017 for an amount of US$ 335 million (2017). The project became effective from 15 Nov 2017 with the closing date of 31 Dec 2021. The Project is implemented through f(hyber Pakhtunkhwa Urban Mobility Authority (Executing Agency), TransPeshawar and Peshawar Development Authority being Implementing Agencies. Financing: the financing is made in the form of credit based on Asian Development Bank terms 25 years , grace period 5 years and financing agreement number is 3543-PAK. Responsible Agency: A primary responsibility for overall progress and management of the loan has been entrusted to Transport and Mass Transit Department , Government of Khyber Pakhtunkhwa. 2. Certification by Project Management on Application of Funds TransPeshawar, being implementing agency of Peshawar Sustainable Bus Rapid Transit Corridor Project certifies that the funds have been applied/expenditure have been incurred for the purpose intended in the financing agreement. 3. Accounting Conventions and basis of preparation The financial statements have been prepared in accordance with Cash Basis IPSAS (Financial Reporting under The Cash Basis of Accounting). Transactions are recogniwd only when cash or cash equivalent is paid or received by the project. The accounting policies have been applied consistently throughout the period. 4. Significant Accounting Polices 4.1 Foreign Currency Transaction Cash receipts and payments arising from transactions in foreign currencies are recorded in Pak Rupee by applying to the foreign currency amount, the exchange rate between the Pak Rupee and the Foreign Currency at the date of the receipts and payments. Exchange differences arising on settlement of these transactions are recognized in the Statement of Receipts and Payments. 4.2 Reporting Currency All amounts in the financial statements are in Pak Rupee. 4.3 Recognition of Expenditure Expenditure is recognized on the date when payment is made or cheque is issued. Financial year to which the payments pertain is determined by the date on which a cheque or payment advice is issued. 4.4 Payments by Third Party (Asian Development Bank) The project also benefits from direct payments regarding procurment of BRT fleet and Intelligent Transport System. Project authorities do not receive cash (including cash equivalents) directly from, or gain control of the bank accounts or similar facility established for its benefit by third parties. Payments by Asian Development Bank, being a third party, are disclosed on the face of Statement of Cash Receipts & Payment and Notes to the financial statements. 4.5 Employees Terminal Benefits The employees working for the project are contractual employees and salaries are paid to them from the funds allocated in PC-1 for TransPeshawar operations. No terminal benefits are payable to these employees by the project. 4. 7 Significant Estimates The preparation of financial statement in conformity with IPSAS requires management to value judgments, estimates and assumptions that effect the application of policies and reported sources and use of funds. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumsta nces, and the results of which form the basis of making judgment about uses of funds. The estimates and underlying assumptions are reviewed on an on-going basis. 5. External Assistance Financing: the financing is made in the form of credit based on Asian Development Bank terms 25 years , grace period 5 years and financing agreement number is 3543-PAK. Loan No. 3543-PAK FY 2017-18 (PKR) (Ordinary Capital Resources) PKR US$ Direct payment 5.1 1,015,167,954 $ 9,695,969.00 Initial Advance 294,981 ,978 $ 2,671 ,793.00 Total 1,310,149,932 $ 12,367,762.00 5. 1 Direct Payment This procedure is used for payment to suppliers and consultants. There are 02 supplier for BRT fleet procurment & maintenance and system control goods & services which are administered by TransPeshawar. By procedure, the supplier submits invoice as per the terms of contract for the goods supplied. The goods are inspected by TransPeshawar staff and inspection report is generated. Upon satisfactory review, TransPeshawar submit a withdrawal application (WA) for direct payment to the supplier. ADB makes direct payment to the supplier based on the submitted WA. Direct payment procedure is also used for payment to consultants. There Is one Operational Design & Business Modelling (ODBM) consultant contract which is administered by TransPeshawar. The consultant submit invoice for verification. Once the invoice and input are verified, TransPeshawar submit ~ for direct payment to the consultant. ADB makes direct p,ymeot to lhe the ooosolta'c:f) lhe sobm;tted WA. y 6. Counterpart Funding by Government of Khyber Pc1khtunkhwa The counterpart funding is provided to BRT Project through KPK's Annual Development Program (ADP) and mainly these funds are relating to counterpart funds for duties and taxes. FY 2017-18 Budget Receipts 2017-18 - For Project - For Operations 33,660,000 - Bank Guarantee Income - Interest Income 525,873 - Tender Fee Income 920,000 - Pink buses rentals 35,105,873 FY 2017-18 7. BRT Fleet (PKR) ADS Funds: Direct payment to Supplier 7.1 1,015,167,954 Duties & Taxes 5,851,445 Import Clearing Charges 1,021,019,399 Counterpart Funds: Duties & Taxes L/C Opening Charges Import Clea ring Charges 100,000 Volvo Pakistan Limited 100,000 Total 1,021 ,119,399 8. Intelligent Transport System FY 2017-18 (PKR) ADS Funds: Direct payment to Supplier 7.1 Counterpart Funds: Duties & Taxes Total FY 2017-18 Budget 9. Capital Assets (PKR) 2018 ADB Funds: Office Renovation 796,160 3,000,000 Electrical Equipments 6,351 ,075 Computer Equipment & Accessories 526,558 9,650,000 Office Equipment 1,935,895 11 ,945,000 Furniture 2,090,647 6,015,000 Vehicle Owned 7,305,894 22,000,000 19,006,229 52,610,000 Counterpart Funds: Office Renovation 265,650 Electrical Equipments 985,608 Computer Equipment & Accessories 1,104,694 Furniture 3,964,233 Vehicle Owned 4,230,405 Pink Buses 10,550,590 Total 29,556,819 Advances FY 2017-18 10 (PKR) ADB Funds: Pakistan State Oil 300,000 Adv to Employees against Expenses CyberVision lntrnational 1,022,609 Advance Income Tax 1,322,609 Counterpart Funds: Adv to Employees against Expenses 25,167 Advance Income Tax 97,879 Advance income tax on bank transactions 123,046 Total 1,445,655 Payable FY 2017-18 11 (PKR) ADB Funds: Performnace securities Counterpart Funds: Performnace securities (284,275) WHT AIT (284,275) Total (284,275) f FY 2017-18 12 Operating expenditure (PKR) ADB Funds: Salaries, allowance and other bemefits 32,737,275 Consultancy services Advertisement 3,429,125 Office rent 4,872,500 Security guards 925,431 Travelling and conveyance 9,000 Seminars and workshops 660,293 Utilities 171,076 Vehicle rent 43,194 Printing and stationery expenses 194,238 Printing & Publication Legal and professional fee 56,250 Auditors' remuneration Petrol, oil and lubricants 199,959 Office supplies Meeting expenses Insurance Repair and maintenance 8,960 IT expense Gneral Expenses Bank charges 1,127 Postage and courier 3,487 43,311 ,915 Counterpart Funds: Salaries, allowance and other be,nefits 13,988,100 Advertisement 3,717,125 Office rent 1,727,500 Security guards Travelling and conveyance 624,640 Utilities 276,219 Vehicle rent 323,955 Printing and stationery expenses 133,599 Legal and professional fee 55,355 Petrol, oil and lubricants 180,883 Office supplies 257,393 Meeting expenses 1,103,215 Accommodation expenses 142,350 Repair and maintenance 45,726 IT expense Bank charges 8,156 Postage and courier 18,340 Books and periodicals 10,500 Miscellaneous 22,613,056 Total 65,924,971 13. General 13.1 Level of Precision Figures in these financial statements have been rounded off the nearest rupees. 13.2 Corresponding figures Corresponding figures have been rearranged and reclassified where necessary for the purpose of comparison. CHIEF FINANCIAL OFFI DG AUDIT, PESHAWAR c0 TRANSPESHAWAR ACKNO,VLEDGEMENT We wish to express our appreciation to the Management and staff of Peshawar Development Authority and PMU "Peshawar Sustainable Bus Rapid Transit Project" and Trans Peshawar for the assistance and cooperation they extended to the auditors during this assignment. 791 Page