TABLE OF CONTENTS

PART PARTICULARS PAGE

I Audited Financial Statements

Independent Auditor’s Report 1

Statement of Management’s Responsibility for 4

Consolidated Financial Statements

Consolidated Statement of Financial Position 5

Consolidated Statement of Financial Performance 7

Consolidated Statement of Changes in Net Assets/Equity 8

Consolidated Statement of Cash Flows 9

Consolidated Statement of Comparison of Budget and 11

Actual Amounts

Notes to Consolidated Financial Statements 12

II Audit Observations and Recommendations 45

III Status of Implementations of Prior Year’s Audit 63

Recommendations

IV Annexes