Basic HTML Version
914
ΕΠΙΣΗΜΗ ΕΦΗΜΕΡΙΔΑ ΤΗΣ 2ας ΑΥΓΟΥΣΤΟΥ
1984
(νι)
Updc1ted Project Cost. The annual report shall inc1ude an
updac~ ο:
the total project cost by contracts taking into conside!ration any
additional costs due to extra work, cost escalation adjuscmenC$,
or
any C08t reductions due to deletions or changes
ίη
design.
Β. Fr~~~CIAL ~ONITORING
Financial monitoring
ωίΙΙ
consist of cwo parcs;
ΙΑ)
quarterly reports for the first, second and third quarters
vt
t~e
year only which would consist
οΕ
the following data:
Ι.
Revenues billed·
2. Operating Costs
3. • (1-2) Profit before depn.
&
Interest
4. Interest Paid or Payable
5. Loan Principal Paid or Payab1e
6. Contribution to
Inνestment
7. • (3-4-5-6) Surplus (Deficit)
ίη
Funds
Quarter Only
8.
Revenues billed but not collected.
Cumulatiνe
Year to Date
Ιη
addition to the above data, a one or two page
narratiνe
should be
attached. and should describe:
(a) changes. if any to the revenue rates and charges which occurred
during the quarter;
(b) changes, if any to individual operating cos ts such as lncreases
to electric energy rates, prices
οΕ
fuel and transport, etc;
(c) any short-term borrowing (or lines-of-credit) estab1ished, and
why these were
n.cessa~y;
(d) any legal actions which might result
ιη eνentual
costs C:v
c:~e
Se!werage Board;
(e) any changes which occurred to the exchange rate;
(i)
any changes to laws which might affecc the Sewerage Board
such
as application
οΕ
income taxes. changes
ίη
import duties,
eCC.;
(g) any other condition which created financia1 difficulties for the
Sewerage Board.
(β)
Annual monitoring which would consist
of~
(ί)
coples of the Sewerage Boards annual
fi'~ ancial
statements (income
st.tement. balance. sheet, and source and application of funds)
ίη
the
formats shown
ίη
the IBRD Appraisal Report. Annex
2,·
Tables 1, 2, and
3, together with a copy of the Sewerage Boards annual report; and
( ίί )
a three year financial forecast using a Source and Application
οΕ
Funds
forτnat
as deacribed in IBRD Appraisal Report. Annex 2, Table
3
cogether with the
assuθptions
used to develop the forecasc.