About the consolidated financial statements for the 1st half of 2020

About the consolidated financial statements for the 1st half of 2020, in accordance with article 118 of the Budget Code of the Republic of Kazakhstan, on the basis of the reports submitted by 29 administrators of budget programs, consolidated financial statements for Semey city for the 1st half of 2020 were formed.
The financial statements were prepared in accordance with the requirements of the Order of the Minister of Finance of the Republic of Kazakhstan dated December 6, 2016 No. 640 "on approval Of the rules for preparation of consolidated financial statements by budget program administrators and local authorized bodies for budget execution".
In General, for the 1st half of 2020, 58 047.6 million tenge was received to cash control accounts, including:
-56,977. 0 million tenge for receipts to the city budget;
-4.4 million tenge from sponsorship and charitable assistance;
- 88.8 million tenge from the sale of goods, works and services by state institutions;
-977.4 million tenge for temporary placement in accordance with the current legislation.
The received funds were used in the amount of 31,751. 9 million tenge. Of these, 8,837,6 million tenge (27.8%) was allocated for labor and tax payments to the budget, 14,765,7 million tenge (46.5%) was allocated for settlements with suppliers and contractors for goods and services, 148,9 million tenge (0.5%) for the purchase of long-term assets, and 7,999,7 million tenge (25.2%) for other areas.
According to the approved schedule, the consolidated financial statements for the 1st half of 2020 are submitted to the Finance Department of East Kazakhstan region.

Department of Economics and Finance