CONFIDENTIAL

Internal Audit Directorate CBK

INTERNAL AUDIT REPORT AI 85/2011

CURRENCY HOLDING-CASH COUNT-YEAR END-DECEMBER

30, 2011

Audit performed by: Gani GECI, enior Auditor !ender B"N#AK", enior Auditor efer BE$I%I, Auditor Dafina ADIK", IT Auditor
FROM: Ga ! GECI, S" !#$ A%&!'#$ THROUGH: A($# DIDA, C)!"* I '"$ a+ A%&!'

Ca&' In(entory )ear end *+,,

CONFIDENTIAL
TO:

Internal Audit Directorate CBK

,"*-"$" HATASHI, C)!"* #* .a%+', /"'# BA/RAMA/, D!$"0'#$ Ca-) 1Pa23" '- D!$"0'#$a'" , L%+4!3 ISMA/LI .!0" G#5"$ #$6 Ga ! G7RGURI, G#5"$ #$ /ANUARY 5, 2011

CC:

DATE:

"B#ECT- )EA% END.CASH COUNT

F!+"6 $"*6 AI 85/2011

INTRODUCTION: Y"a$ E & 8/'y&ically Ca&' countin0 of 1ault ,, 1ault * and ca&'ier conducted by t'e )ear 2End Ca&' In(entory Committee e&tabli&'ed by t'e Go(ernor on t'e la&t day of t'e )ear *+,,, Friday 3+, *+,, &tartin0 at ,-*+ p4m4 until ,5-3+ p4m4 T'e Ca&' Count In(entory Committee 6a& compo&ed by t'e follo6in0 member&,4 7r4#eton BA#%A7A#, DI%ECTO% CA 8 9/A)7ENT DI%ECTO%ATE: *4 7r&4$ef&ere 8ATA 8I, member: 34 7r&4I&lam BA8TI%I, member: 54 7r&4;et'ane BE%I 8A, member: <4 Abdulla' TE%NA1A, memberT'e 6or! of t'e Ca&' In(entory Committee 'a& been monitored by t'e Internal Audit compo&ed of t'e follo6in0 &taff,4 7r4 Gani GECI, *4 7r&4Dafina ADIK" 34 7r4 !ender B"N#AK" 54 efer BE$I%I It 6a& pre&ent 7r4A&trit KEL7ENDI from Grant T8O%TON.E=ternal Audit4

9OR: DONE:

Ca&' In(entory )ear end *+,,

CONFIDENTIAL

Internal Audit Directorate CBK

T'e ca&' count at t'e 1ault * &tarted at ,3-*+ until ,3-<+4T'e 1ault 6a& opened by t'e official& in c'ar0e4 T'e Total amount of t'e counted ca&' 6a& >?,?*@,+3+4++ from 6'ic', ban!note& >A,?B@,+++4++ and t'e coin& > ,,B3+,+3+4++4 T'e ca&' count at t'e 1ault , &tarted at ,3-<, until ,5-,<4 T'e 1ault 6a& opened by t'e ca&' 9 (ault &taff4 T'e Total amount 'eld in t'e (ault , 6a& >5,<?,,+++4++ from 6'ic', ban!note& >*,3++,+++4++ and t'e coin& > *,*?,,+++4++4 T'e &ample ban!note& and coin& 6ere counted in accordance 6it' t'e Internal re0ulation of Ca&' 9 1ault operation& article B, para0rap' 3 9 5 a& follo6in0TABLE ,- ample ban!note& pac!a0e& counted in t'e 1ault * Denomination
><++ >*++ >,++ ><+ >*+ >,+ ><

Total counted pac!a0e&

A A A ? A < ?

T'e ca&' in(entory of t'e ca&' 6it' t'e ca&'ier conducted at t'e ca&' area T'e Total amount t'at 6a& included in t'e 1ault * 6a& >5@,,5<4,A from 6'ic' total , ban!note& in amount of >5A,@5+4++ and coin& >5+<4,A4
Ca&' In(entory )ear end *+,, 3

CONFIDENTIAL

Internal Audit Directorate CBK

T'e Ca&' In(entory Committee confirmed t'at t'e Total Ca&' counted at t'e December 3+&t *+,, in t'e CBKC& 1ault& 6a& ;13,<55,1=561> eDual 6it' t'e Fle=cube &y&tem Balance 'eet and compared to t'e Ca&' 9 1ault unit record&, plea&e refer to t'e table belo6 .INTE%NAL A"DIT.CA 8 CO"NT . "77A%) TABLE4 /'y&ically counted ca&' 6a& compared 6it' t'e data in t'e follo6in0 document& T'e 1ault %e0i&ter, 6'ic' &'ould i& !ept in&ide t'e 1ault follo6in0 t'e Internal Audit recommendation plea&e refer to ref4no4A,: A*4 Daily %eport 6'ic' i& prepared by C'ief of 1ault and indicate all t'e mo(ement& in denomination& plea&e refer to ref4no4B,, B*4 %eport of ca&' po&ition at 1ault , and 1ault * plea&e refer to ref4no4C, Form for 'ando(er receipt of ca&' ECCF plea&e refer to ref4no4D, I.fle= entrie& Balance 'eet December 3+, *+,, total Ca&' 6it' Ca&'ier& account A ,+5++++, plea&e refer to ref4no4F, Item& in cu&tody plea&e refer to ref4no4 G,

Ca&' In(entory )ear end *+,,

CONFIDENTIAL

Internal Audit Directorate CBK

TABLE *4INTE%NAL A"DIT.CA 8 CO"NT . "77A%) TABLE

Total Unprocessed Flexcube Difference

Vault 1 Vault 2 cashier TOTAL

4,851,000.00 8,827,030.00 47,145.16 13,455,175.16

5,?<,,+++4++ ?,?*@,+3+4++ 5@,,5<4,A

13,455,175.16

0.00 0.00

0.00

/lea&e &ee attac'ed t'e detailed re&ult& of count, plea&e refer to ref4no47,: 7*: 73: 754

Ca&' In(entory )ear end *+,,

<

CONFIDENTIAL

Internal Audit Directorate CBK

CBK 2 INTE%NAL A"DIT DI%ECTO%ATE 2 CA 8 CO"NT Date of count 3+G,*G*+,, 1A"LT ,,1A"LT * and Ca&'ier&

ummary 1ault , 1ault *

Ca&'ier& Total ca&'

Total
5,<?,,+++4++ ?,?*@,+3+4++ 5@,,5<4,A ,3,5<<,,@<4,A

Fle=ube
5,<?,,+++4++ ?,?*@,+3+4++ 5@,,5<4,A ,3,5<<,,@<4,A

Diferenca
+4++ +4++ +4++

Internal Audit &taff

,4GaniGeci, enior Internal Auditor *4Dafina adi!u Internal IT, Auditor 34 !ender BunHa!u, enior Internal Auditor 54 efer BeDiri Internal Auditor

Ca&' 9 1ault
,4#eton BaHramaH,Director Ca&'9/ayment& *4$ef&ere 8ata&'i,member 34I&lam Ba'tiri,member 54;et'ane Beri&'a,member <4Abdulla' Terna(a,member 1ault ,%e&ult& of count4 CBK 2 INTE%NAL A"DIT DI%ECTO%ATE 2 CA 8 CO"NT Date of count Denomination Balance piece& <++4++ 3+G,*G*+,,

Balanca (alue

Ca&' In(entory )ear end *+,,

CONFIDENTIAL *++4++ ,++4++ <+4++ *+4++ ,+4++ <4++ Total ban!n4 *4++ ,4++ +4<+ +4*+ +4,+ +4+< +4+* +4+5 Total coin&4 *,+++ 5++,+++4++

Internal Audit Directorate CBK

3?,+++ @A+,+++4++ @3,+++ @3+,+++4++ ?*,+++ 5,+,+++4++ 1?5,000 2,300,000600 A++,+++4++ ,,*++,+++4++ A?+,+++4++ A?+,+++4++ 5++,+++4++ *++,+++4++ <++,+++4++ ,++,+++4++ @++,+++4++ @+,+++4++ ,<+,+++4++ @,<++4++ ?++,+++4++ ,A,+++4++ @<+,+++4++ @,<++4++ <,580,000 2,281,000600 T#'a+ Ca-):

<,581,000600

Internal Audit &taff

,4GaniGeci, enior Internal Auditor *4Dafina adi!u Internal IT, Auditor 34 !ender BunHa!u, enior Internal Auditor 54 efer BeDiri Internal Auditor

Ca&' 9 1ault
,4#eton BaHramaH,Director Ca&'9/ayment& *4$ef&ere 8ata&'i,member 34I&lam Ba'tiri,member 54;et'ane Beri&'a,member <4Abdulla' Terna(a,member 1ault *%e&ult& of count4 CBK 2 INTE%NAL A"DIT DI%ECTO%ATE 2 CA 8 CO"NT Date of count 3+G,*G*+,,

Ca&' In(entory )ear end *+,,

CONFIDENTIAL

Internal Audit Directorate CBK

Denomination Balance piece& Balanca (alue <++4++ *,,++ ,,+<+,+++4++ *++4++ *,<++ <++,+++4++ ,++4++ ,3,*++ ,,3*+,+++4++ <+4++ ,A,A++ ?3+,+++4++ *+4++ @A,*++ ,,<*5,+++4++ ,+4++ ,+?,?++ ,,+?+,+++4++ <4++ ,,?,A++ <B3,+++4++ Total ban!n4 33=,200 >,8?=,000600 *4++ <?A,<++4++ ,,,@3,+++4++ ,4++ 3@B,@<+4++ 3@B,@<+4++ +4<+ 5A5,A++4++ *3*,3++4++ +4*+ A5<,*++4++ ,*B,+5+4++ +4,+ <@,A++4++ <,@A+4++ +4+< ,3B,+++4++ A,B<+4++ +4+* B5,<++4++ ,,?B+4++ +4+5 ,35,+++4++ ,,35+4++ Total coin&4 2,501,150 1,?30,030600 T#'a+ Ca-):

8,82=,030600

Internal Audit &taff

,4GaniGeci, enior Internal Auditor *4Dafina adi!u Internal IT, Auditor 34 !ender BunHa!u, enior Internal Auditor 54 efer BeDiri Internal Auditor

Ca&' 9 1ault
,4#eton BaHramaH,Director Ca&'9/ayment& *4$ef&ere 8ata&'i,member 34I&lam Ba'tiri,member 54;et'ane Beri&'a,member <4Abdulla' Terna(a,member CA 8IE% Name of ca&'ier Fa'riHe Dra0u&'a CBK 2 INTE%NAL A"DIT DI%ECTO%ATE 2 CA 8 CO"NT

Ca&' In(entory )ear end *+,,

CONFIDENTIAL Date of count 3+G,*G*+,,

Internal Audit Directorate CBK

Denomination Balance piece& Balanca (alue <++4++ @@ *3,<++4++ *++4++ << ,,,+++4++ ,++4++ @* @,*++4++ <+4++ @@ 3,?<+4++ *+4++ 3, A*+4++ ,+4++ *+ *++4++ <4++ @5 3@+4++ Total ban!n4 <0> <>,=<0600 *4++ 3+4++ A+4++ ,4++ *,4++ *,4++ +4<+ 5BB4++ *5?4<+ +4*+ *@54++ <54?+ +4,+ +4++ + +4+< 3B<4++ ,B4@< +4+* 54++ +,+? +4+5 34++ +,+3 Total coin&4 2,501,150 <0561> T#'a+ Ca-):

<=,1<561>

Internal Audit &taff

,4GaniGeci, enior Internal Auditor *4Dafina adi!u Internal IT, Auditor 34 !ender BunHa!u, enior Internal Auditor 54 efer BeDiri Internal Auditor

Ca&' 9 1ault
,4#eton BaHramaH,Director Ca&'9/ayment& *4$ef&ere 8ata&'i,member 34I&lam Ba'tiri,member 54;et'ane Beri&'a,member <4Abdulla' Terna(a,member

Ca&' In(entory )ear end *+,,