1116582902public Accounts 2004

Reports and Financial Statements of the Government of the
Republic of Uganda for the year ended 30 June 2004.

Government of the Republic of Uganda
Reports and Financial Statements for the year ended on 30 June 2004
Table of contents

Srl No. Description of Reports and Financial Statements Pages
Report of the Auditor General
1 Statement of Responsibilities 1
2 Statement from the Minister of Finance, Planning and Economic Development 2
3 Statement from the Secretary to the Treasury 3
4 Commentary on the Financial Statements by the Accountant General 4-7
5 Statement of Financial Performance [by Nature] 8
6 Consolidated Statement of Financial Position 9
7 Cash Flow Statement of the Consolidated Fund 10-11
8 Statement of Outstanding Public Debt 12
9 Statement of Outstanding Loans issued by the Government 13
10 Statement of Investments held by the Government 14
11 Summary Statement of Revenues and Expenditures [by Vote] 15-22
12 Statement of Contingent Liabilities 23-27
13 Statement of Outstanding Commitments 28-32
14 Statement of losses of public moneys and stores written off, and claims abandoned 33-37
15 Statement of losses of public moneys and stores reported 38-42
16 Summary Statement of Arrears of Revenue 43-47
17 Statement of stores and other assets 48-52
18 Accounting Policies 53-56
19 Notes to the Financial Statements 57-66

Reports and Financial Statements for the year ended 30 June 2004

1
Statement of Responsibilities

The financial statements set out on pages 8 to 52 have been prepared by the Accountant
General in accordance with the provisions of the Public Finance and Accountability Act,
2003 [the Act].

The Minister of Finance, Planning and Economic Development is responsible for the
management of the Consolidated Fund and for the supervision and control of all matters
relating to the financial affairs of the Government.

Under the provisions of Section 6 of the Act, the Secretary to the Treasury is responsible
for the effective application of the Act and any regulations, instructions, and directives
issued under the Act.

The Accountant General is responsible for establishing and maintaining a system of
internal control designed to provide reasonable assurance that the transactions recorded
are within the authority and properly record the use of all public funds by the
Government of the Republic of Uganda.

To the best of my knowledge the system of internal control has operated adequately
throughout the fiscal year ended 30 June 2004.

G. O.L. Bwoch
Accountant General

I accept responsibility for the integrity of these financial statements, the financial
information they contain and their compliance with the Public Finance and
Accountability Act, 2003.

..
C M. Kassami
Permanent Secretary/Secretary to the Treasury

To the best of my knowledge these financial statements fairly present the public funds of
the Government of the Republic of Uganda as at 30 June 2004 and its operations for the
finanacial year ended on that date.

Dr. Ezra Suruma
Minister of Finance, Planning and Economic Development.

2
Ministerial Statement

Statement of Financial Performance
Our total operating revenue for the financial year ended 30 June 2004 was Shs 2,887
[2003, Shs. 2,091] billion whilst total operating expenditure was Shs 2,354 [2003, Shs.
2,058] billion resulting in a surplus on operating activities of Shs 532bn[2003, was
surplus of Shs.33] billion before finance costs. With total finance costs of Shs 167 billion
for the year [2003, was Shs. 176 billion], we recorded an overall surplus of Shs 365
billion during the year under review [2003, was a deficit of Shs143 billion]. The finance
cost is mainly interest on treasury bills and interest on external debt incurred during the
year.

Consolidated Statement of Financial Position.
It is instructive to note that property, plant and equipments [fixed assets] are not included
in the Statement of Financial Position because of the modified cash basis of accounting,
which has been used in preparing the financial statements. These assets are expensed in
full in the year of acquisition. Total value of fixed assets acquired during the year
increased from Shs 223 to Shs 245 billion.

The statement of Financial position shows that total assets [cash and bank balances,
receivables, and investments] were Shs 3,596 [2003, Shs. 4,719] billion as against total
liabilities of Shs 10,590 [2003, Shs. 11,169] billion, resulting in a net liability position of
Shs 6,994 billion as compared to a net liability of Shs. 6,449 billion at the end of the
previous year. The deficit arose from domestic arrears of the past, past borrowings, past
performance,recognition of pension liabilities and treatment of fixed assets which are
expensed 100% on acquisition. In response the government has instituted strict budgetary
controls and strict financial discipline across the board in order to control deficits and to
reduce borrowings.

Cash Flow Statement
Our Cash Flow Statement shows an overall positive cash and bank position decreasing
from Shs.532 billion to Shs.444 billion by the end of the year. There was an overall
decrease in cash position by Shs.88 billion during the year.

External debt
As shown in Note 21 to the financial statements, external borrowings were Shs 7,939
[2003, Shs.7,978] billion representing about 78% of total borrowings. This is set to
reduce, as it is government policy to borrow on very concessional terms. All loans are
closely monitored and controlled following restoration of Debt Management and
Financial Analysis System [DMFAS] in the Treasury.

Dr. Ezra Suruma
Minister of Finance, Planning and Economic Development


3

Statement from the Secretary to the Treasury

The Public Finance and Accountability Act, 2003 [the Act] came into force on July 1,
2003. However, the Honourable Minister of Finance, Planning and Economic
Development signed a statutory instrument, which postponed implementation of certain
provisions of the Act, namely provisions relating to Internal Audit functions, Audit
Committees, Output Oriented Budgeting, and Net-worth of State Enterprises. Some of
these provisions are planned for implementation during the FY 2005/06. I am pleased to
report that some progress has been made to that effect.

In accordance with the provisions of the Act, financial statements have been prepared
using Generally accepted Accounting principles taking into consideration the
Governments Legal and regulatory framework regarding Public Finances. I am pleased
to report that, the Treasury has been able to prepare various financial statements as
required by the Act.

Unlike financial statements for the past years, these financial statements provide more
comprehensive and useful information for monitoring, and for decision making purpose.
The financial statements are more transparent thus providing greater accountability.

The cash basis of accounting, modified as disclosed and as appropriate, has been used
consistently during the year in preparing the financial statements. This is the second year
of preparing accounts in the new format..

It has not been possible to prepare a Statement of net-worth of all state enterprises
because arrangements for consolidating state enterprises had not been finalized.

As disclosed in the financial statements there is a provision of Shs. 6.7 billion in respect
of receivables from privatized companies, which are considered doubtful of recovery and
a provision has been created as we undertake a process to have it approved by Parliament
as a charge on the Consolidated Fund in accordance with the PFAA 2003.

..
C. M. Kassami
Ministry of Finance, Planning and Economic Development


4

Commentary on the Financial Statements by the Accountant General

1. Financial Statements

The financial statements for the year ended 30 June 2004 have been prepared in
compliance with the provisions of the Public Finance and Accountability Act, 2003 [the
Act], which requires that the financial statements be prepared in accordance with and
complying with generally accepted accounting practice, taking into consideration the
Government of Uganda legal and regulatory frameworkregarding public finances.

The accompanying accounting policies and the notes to the financial statements form an
integral part of these financial statements. Supporting schedules, where appropriate, have
been prepared under separate cover.

2. Statement of Financial Performance

The statement gives a summary of operating revenues including grants but excluding
borrowings, and a summary of expenditures on operating activities of the Government of
the Republic of Uganda but excluding expenditures on investments and loans issued out.

3. The Consolidated Statement of Financial Position of the Consolidated Fund
[the Balance Sheet]

The Consolidated Fund means the Consolidated Fund of Uganda established under
Article 153 of the Constitution of the Republic of Uganda, 1995.

Under Section 9 of the Act, all revenues or other moneys raised and received for the
purpose of the Government, not being revenues or other moneys that are payable by or
under any law into some other fund established for any specific purpose or that may ,
under any law, be retained by a department of Government that received them for the
purposes of defraying the expenses of that department, shall be paid into and form part of
the Consolidated Fund.

The Balance Sheet is a summary of assets and liabilities of all public funds and other
entities wholly funded through the Consolidated Fund i.e the Consolidated Fund, the
Treasury and ministries, Agencies, Embassies/Missions, Referral Hospitals, but
excluding Local Governments. All grants to Local Government units are expensed during
the year of actual disbursements.

4. Cash Flow Statement of the Consolidated Fund

Provides a high-level consolidated summary of cash flows from operating, investing, and
financing activities of the Government through the Consolidated Fund.


5
5. Statement of Outstanding Public Debt

The statement provides information on the outstanding public debt of the Republic of
Uganda at the end of the year. Public debt includes borrowings from the central bank and
other financial institutions, treasury bills, bonds and other financial instruments, and other
borrowings. The information makes a distinction between domestic debt and external
debt.

6. Statement of Loans issued by the Government

The statement provides information on outstanding financial resources at the year-end the
Government has provided to government entities, state enterprises, the public etc by way
of loans.

7. Statement of Investments held by the Government

The statement provides summary information on outstanding investments held by the
Government at the end of the financial year. The Statement provides information as to the
historical cost of the investments at the year end. Current values of the investments will
be provided in future years.

8. Statement of Net-Worth of all state enterprises

The statement provides information on the Net-Worth of all state enterprises; state
enterprises are those Government Business Enterprises [GBEs] including trading
enterprises, utilities, financial institutions which are, in substance, no different from
entities conducting similar activities in the private sector.

Net-Worth is the residual interest in the assets of the entity after deducting all its
liabilities.It was not practical to provide this statement. A process is being under taken to
complete this statement for the subsequent years.

9. Summary Statement of Revenues and Expenditures

The statement of Revenues and Expenditures is a summary of all statements signed and
submitted by accounting officers to the Accountant General in respect of (a) the services
for which the moneys expended were voted, the sums actually expended on each service,
and the state of each vote compared with the amount appropriated or approved for that
vote by Parliament.For purposes of reporting this statement includes statutory
expenditure.The consolidated statement, summarized by class of votes, is derived from
statements, prepared, signed and submitted by Accounting Officers.

10. Statement of Contingent Liabilities

The statement intended to provide information of the outstanding amounts guaranteed by
the Government in respect of bank overdrafts, loans, public loan issues and other

6
contingent liabilities such as pension liabilities and outstanding litigation cases at the end
of the year. The consolidated statement, summarized by class of votes, is derived from
statements signed and submitted by Accounting Officers.

11. Statement of Outstanding Commitments

The statement provides information as to outstanding commitments at the end of the
financial year the Government has entered into for the supply of goods and services for
each vote summarized and analyzed in terms of functions of government, and between
operating and capital commitments. The consolidated statement, summarized by class of
votes, is derived from statements signed and submitted by Accounting Officers.

12. Statement of losses of public moneys and stores written off, and claims
abandoned.

The statement provides a summary of losses of public moneys, stores written off, and all
claims abandoned during the year. The consolidated statement, summarized by class of
votes, is derived from statements signed and submitted by Accounting Officers.

13. Statement of losses of public funds and stores reported

The statement provides a summary of losses of public moneys and stores reported during
the year whether or not written off or recovered. The consolidated statement, summarized
by class of votes, is derived from statements signed and submitted by Accounting
Officers.

14. Statement of Arrears of Revenue

The statement provides a summary of arrears of revenue. The consolidated statement,
summarized by class of votes, is derived from statements signed and submitted by
Accounting Officers.

15. Statement of stores and other assets

The statement provides a summary of physical assets purchased/acquired during the year.
The consolidated statement, summarized by class of votes, is derived from statements
signed and submitted by Accounting Officers.

16. Accounting Policies

These are the specific principles, bases, conventions, rules and practices adopted by the
Government of the Republic of Uganda in preparing and presenting the financial
statements. The accounting policies have been applied consistently through out the year.
a) The basis of accounting adopted is cash basis but modified as regards payables,
pension liabilities and revenue specifically from URA.


7
b) Consolidation has been done on a line by line basis for the Central Government votes
and Missions abroad.

c) The disbursements to Local Governments, Tertiary institutions and independent self
accounting projects are captured as grants paid and indicated in the statement of
Financial Performance.

17. Notes to the Financial Statements

Notes to the financial statements explain the make up or amounts shown in the financial
statements.

18. Schedules to the Financial Statements

These are detailed supplementary information to support figures and balances in the notes
to these financial statements. These are presented under separate cover to these Reports
and Financial Statements of the Government of the Republic of Uganda for the year
ended.

19. Classified expenditures

Classified expenditures are disclosed in the financial statements under supply of goods
and services in the Statement of Financial Performance, and are audited separately.
Regulations regarding the audit of classified expeditures were issued during the year
under review.

.
G. O. L. Bwoch
Accountant General


8
Statement of Financial Performance for the year ended 30 June 2004
[ Based on classification of expenditures by nature]

30-Jun 2004 30-Jun 2003 Notes
Shs Shs
Operating revenue
Taxes 3 1,654,747,882,038 1,415,182,296,039
Non Tax revenue 4 130,411,969,330 138,969,323,756
Grants 5 876,859,270,930 417,609,165,032
Other revenues 6 224,590,046,350 119,012,608,942
Total operating revenue 2,886,609,168,648 2,090,773,393,769
Operating expenses
Employee costs 7 462,260,304,933 407,898,732,759
Goods and services consumed 8 572,898,618,515 539,625,719,585
Consumption of property, plant & equipments 9 245,428,069,145 222,771,100,554
Interest --accounting officers 10 6,805,151,870 29,135,182
Subsidies 11 - 1,037,876,408
Grants paid 12 1,527,296,572,299 784,457,469,957
Social benefits 13 2,127,872,033 60,592,388,260
Other expenses 14 79,113,628,218 54,794,867,138
Foreign exchange losses (gains) 15
(541,435,452,390)
5,693,064,599
Total operating expenses 2,354,494,764,623 2,076,900,354,442

(Deficit)/surplus from operating activities 532,114,404,025 13,873,039,327
Finance costs 16 167,303,082,947 176,114,604,936

Surplus for the year 364,811,321,078 (162,241,565,609)

The following accounting policies and notes set out on pages 53 to 66 form an integral part of these financial statements.

.
G. O. L. Bwoch
Accountant General


9

The Consolidated Statement of Financial Position as at 30 June 2004

30-June 2004 30-June 2003 Notes
Shs. Shs.
ASSETS
Cash and cash equivalents 18 1,619,001,414,361 2,153,018,906,214
Receivables 19 1,363,954,415,990 1,558,510,642,577
Investments 20 612,840,105,933 1,007,830,686,782

Total assets

3,595,795,936,284 4,719,360,235,573

LIABILITIES

Borrowings (interest bearing liabilities) 21 10,174,426,218,510 10,577,669,331,853
Payables 22 237,525,371,252 318,563,748,957
Pension liabilities 23 178,060,274,062 272,500,000,000

Total liabilities 10,590,011,863,824 11,168,733,080,810

Net liabilities

(6,994,215,927,540) (6,449,372,845,237)
REPRESENTED BY:

Accumulated deficit in the Consolidated Fund
24
(6,879,169,842,386) (6,335,210,272,548)
Deficit in Other Reserves 25 (115,281,062,104) (114,397,549,639)
Sub-total (6,994,450,904,490) (6,449,607,822,187)
Contingency Fund 26 234,976,950 234,976,950
Net Deficit.

(6,994,215,927,540) (6,449,372,845,237)

The following accounting policies and the notes on pages 53 to 66 form an integral part of the financial statements.

..
C. M. Kassami


10
Consolidated Cash Flow Statement for the year ended 30 June 2004 [Direct Method]

30-June 2004 30-June 2003
Shs. Shs.
CASH FLOWS FROM OPERATING ACTIVITIES
Total receipts from operating revenues were (see below): 2,695,025,821,739 2,014,227,217,434
PAYMENTS FOR OPERATING EXPENSES:
Employee costs 430,464,236,296 405,248,559,506
Goods and services consumed 507,379,290,343 484,488,351,482
Interest expense 6,805,151,870 29,135,182
Subsidies - 0
Grants paid 1,516,843,278,470 780,587,824,781
Social benefits 2,115,455,666 60,592,109,914
Other expenses 47,032,269,297 51,188,181,083
Finance costs 115,134,235,736 152,537,823,619
Advances during the year 292,900,843 0
Others 77,265,881,807
Domestic arrears paid during the year 140,422,586,600

Total payments for operating activities 2,843,755,286,928 1,934,671,985,567
Net cash (outflows)/inflows from operating activities (148,729,465,189) 79,555,231,867
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipments (240,241,598,307) (221,786,994,065)
Other outflows relating to investment activities
Net cash outflows from investing activities (240,241,598,307) (221, 786,994,065 )
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issue of government bonds and treasury bills 1,235,595,158,134 1,202,389,803,559
Proceeds from issue of government bonds 151,181,321,218 0
Re-purchase of government bonds & treasury bills (1,352,424,498,501) (1,156,724,996,982)
Proceeds from external borrowings 451,719,859,725 599,043,640,473
Repayments of external borrowings (199,469,201,216) (82,415,507,721)
Proceeds from other domestic loans 14,536,551,242 12,531,682,241
Net cash flows from financing activities 301,139,190,602 574,824,621,570
Net (decrease)/ increase in cash and cash equivalents (87,831,872,894) 432,592,859,372


.
G. O. L. Bwoch
Accountant General


11

Cash Flow Statement for the year ended 30 June 2004 [Direct Method] (continued)

For cash flow purposes receipts from operating revenue comprise:

30-Jun 2004 30-Jun 2003 Notes
Shs. Shs.
Operating revenue
Taxes 3 1,654,747,882,038 1,415,182,296,039
Non Tax revenue 4 130,411,969,330 138,969,323,756
Grants received 5 876,859,270,930 417,609,165,032
Other revenues 6 224,590,046,350 119,012,608,942
Last years revenue received this year 76,062,142,844
Advances recoverd during the year 5,540,000
Unspent balances-Grants from the districts 9,701,324,580
Total operating revenue 2,972,378,176,072 2,090,773,393,769
Less amounts with URA not yet remitted 18 97,022,947,717 (75,571,027,172)
Less Grants received under HIPC as non-cash 180,329,406,616 0
Less balance with Accounting Officers - (975,149,163)
Total cash receipts from operating activities 2,695,025,821,739 2,014,227,217,434

Reconciliation of movement of cash during the year

30-Jun 2004 30-Jun 2003
Shs. Shs.
At the beginning of the year 531,659,589,015 99,066,729,643
Net increase in cash from the Cash Flow Statement (87,831,872,894) 432,592,859,372
At the end of the year 443,827,716,121 531,659,589,015

Net cash and bank balances comprise

30-Jun 2004 30-Jun 2003 Notes
Shs. Shs.
Cash and bank balances 18 1,619,001,414,361 2,153,018,906,214
Less Bank overdraft (with BoU & others) 21 1,175,173,698,240 1,621,359,317,199
Net cash and bank balances 443,827,716,121 531,659,589,015



12

Statement of Outstanding Public Debt as at 30 June 2004
[As submitted and signed by Accounting Officers]

30.June 2004. 30.June 2003. Notes
Shs. Shs.
DOMESTIC DEBT
Borrowings from the central bank-BoU 1,175,172,396,382 1,621,210,285,616
Payables 237,525,371,252 318,563,748,957
Pension Liabilities 285,060,274,062
272,500,000,000
Borrowings from domestic financial institutions
Treasury bills 846,285,337,210 904,072,265,957
Government Bonds 151,181,321,218 -
Promisory notes 10,114,530,921 10,114,148,058
Interest payable on treasury bills 52,168,847,211 64,124,423,449
Other loans(Tax Reserve Certificate) 3,042,399 3,042,399

Total domestic debt/borrowings 2,757,511,120,655 3,190,587,914,436

EXTERNAL DEBT
Borrowings by missions abroad 1,301,858 149,031,583
Borrowings from multilaterals 7,215,437,118,194 6,974,689,694,215
Borrowings from bi-laterals 684,897,648,763 959,486,906,335
Borrowings from commercial non banks 37,137,975,178 41,551,954,710
Borrowings from commercial banks 2,026,699,176 2,267,579,531

Total external debt/borrowings 7,939,500,743,169 7,978,145,166,374

TOTAL PUBLIC DEBT 10,697,011,863,824 11,168,733,080,810


.
G. O. L. Bwoch
Accountant General


13

Statement of Outstanding Loans issued by Government as at 30 June 2004


.
G. O. L. Bwoch
Accountant General

30.June 2004. 30.June 2003. Notes
Shs. Shs.
ADVANCES
Staff advances 292,900,843 -
Advances to departments -
Advances to Embassies and Missions -
Other advances-deferred expenditure 74,467,504,115

Total advances 74,760,404,958 -

LOANS
Loans to State Enterprises 1,185,478,706,653 1,414,207,098,377
Loans to agencies 26,929,101 26,929,101
Loans to private organizations 13,403,527,328 13,576,460,383
Other loans -

Total loans 1,198,909,163,082 1,487,810,487,861

Total outstanding loans see Note 19 to the
Financial Statements
1,273,669,568,040 1,487,810,487,861

14

Statement of Investments held by the Government as at 30 June 2004

30-June 2004 30-June 2003
At
current
values
At cost At cost

Shs. Shs. Shs.
Securities other than equity (short term)
-Corporate bonds 0
-Promisory notes 0
-Debentures 0
-Fixed deposits 0
-Other securities-IMF 496,612,986,488 496,612,986,488
Sub-total 496,612,986,488 496,612,986,488
Shares and other equity
-Shares in public corporations 0
-Shares in other entities. 116,227,119,445 511,214,700,294
Sub-total 116,227,119,445 511,214,700,294
Financial derivatives
Total investments 612,840,105,933 1,007,827,686,782

Analyzed between:
Investments held-for-trading
Investments available-for-sale
Investments held-to-maturity 612,840,105,933 1,007,827,686,782
Analyzed between
Domestic investments 0 0
Foreign investments 612,840,105,933 1,007,827,686,782


.
G. O. L. Bwoch
Accountant General


15

Summary Statement of Revenues and Expenditures for the year ended 30 June 2004

For all ministries, agencies, Referral hospitals, Embassies/Missions, Districts, and Urban/Municipal
Councils.

Approved Actual Actual Under/(over)
estimates released expenditure expenditure
Summary
Shs. Shs. Shs. Shs.
Ministries 1,633,833,945,634 1,495,382,815,697 1558,082,938,936 64,826,529,982

Agencies 271,398,247,000 260,700,325,701 284,363,784,743 (13,763,834,694)

Referral Hospitals 51,260,779,000 42,596,771,213 44,859,779,956 6,400,999,250

Embassies and Missions 26,262,874,000 26,256,874,076 30,814,075,440 (4,561,556,562)

District Councils 725,637,585,948 695,510,399,613 695,510,399,613 0

Urban/municpal Councils 37,340,707,536 32,438,278,916 32,438,278,916 0

Totals for 30 June 2004 2,746,814,671,634 2,552,885,465,216 2,646,069,257,604 52,902,137,976
Totals for 30 June 2003 2,560,511,087,056 2,171,389,736,890 2,247,321,894,686 (75,932,157,796)

Detailed amounts by each Accounting Officer are shown in the pages that follow.



16

Summary Statement of Revenues and Expenditure for the year ended 30 June 2004

MINISTRIES

Name of ministry
Shs. Shs. Shs. Shs
Office of the President
45,520,120,923

43,940,425,483

73,600,033,728

(28,079,912,805)
State House
55,690,893,000

51,120,761,733

48,616,611,981

7,074,281,019
Office of the Prime Minister
16,508,114,000

15,227,335,930

14,567,744,071

279,034,929
Ministry of Defence
313,053,687,000

312,978,259,420

324,886,154,766

(11,832,467,766)
Ministry of Public Service
67,183,135,000

66,488,889,557

79,604,189,457

(12,421,054,457)
Ministry of Foreign Affairs
13,707,167,000

13,648,476,979

27,112,115,694

(13,404,948,694)
Ministry of Justice and Constitutional
Affairs

61,768,326,711

55,417,061,446

60,611,680,983

1,156,645,728
Ministry of Finance, Planning and
Economic

552,925,843,000

502,314,376,643

502,220,092,768

(31,271,901,814)
Ministry of Internal Affairs
31,327,024,000

30,859,493,928

30,988,626,339

338,397,661
Ministry of Agriculture, Animal
Industry and

31,342,437,000

27,147,394,296

29,708,553,178

1,633,883,822
Ministry of Local Government
8,815,974,000

6,913,446,166

6,855,250,957

1,960,723,043
Ministry of Lands, Water and
environment

55,154,432,000

46,589,680,590

44,485,030,373

10,669,401,627
Ministry of Education and Sports
93,101,628,000

79,529,887,958

68,941,492,525

24,160,135,475
Ministry of Health
77,137,460,000

68,717,305,260

62,338,429,888

14,799,030,112
Ministry of Tourism, Trade and Industry
12,901,352,000

11,818,877,981

12,790,563,825

110,788,175
Ministry of Works, Housing and
Community

163,727,126,000

136,335,823,623

136,122,289,963

16,410,359,321
Ministry of Energy and Minerals
23,367,090,000

17,214,588,219

23,420,793,685

(53,703,685)
Ministry of Gender, Labour and Social
Devt

10,602,136,000

9,120,730,485

11,213,284,755

(611,148,755)
Treasury Consolidation

Totals for 30 June 2004

1,633,833,945,634

1,495,382,815,697

1,558,082,938,936

64,826,529,982
Totals for 30 June 2003 1,537,409,194,270 1,224,005,310,400 1,227,969,436,300 -3,964,125,900



17

AGENCIES
Name of agency
Shs. Shs. Shs. Shs.
Judiciary
17,496,585,000

16,409,782,330

16,927,467,039 569,117,961
Electoral Commission
14,735,765,000

14,027,050,689

14,055,258,284 680,506,716
Inspector General of Governments
Office

7,908,519,000

7,908,518,997

7,713,346,783 195,172,217
Parliamentary Commission
39,997,158,000

38,762,297,945

38,752,128,116 1,245,029,884
Law Reform Commission
2,001,000,000

1,961,365,991

1,966,733,845 34,266,155
Uganda Human Rights Commission
2,642,000,000

2,630,869,000

4,660,969,038 (2,018,969,038)
Uganda Aids Commission
4,084,000,000

4,083,999,829

2,721,261,133 1,362,738,867
National Planning Authority
2,045,730,000

1,780,128,000

1,773,134,743 272,595,257
Office of the Auditor General
5,594,980,000

5,462,296,299

5,409,985,767 184,994,233
Education Service Commission
1,673,649,000

1,633,765,420

1,662,911,223 10,737,777
Directorate of Public Prosecutions
3,553,190,000

3,005,860,662

3,377,388,054 175,801,946
Health Service Commission
1,247,748,000

1,246,308,883

1,251,846,054 (4,098,054)
Mass Mobilisation
6,024,543,000

5,544,603,694

5,337,670,508 686,872,492
Makerere University
26,733,794,000

26,590,262,050 26,590,262,050 0
Mbarara University
7,625,600,000

7,518,600,000 7,518,600,000 0
Makerere University Business School
2,907,034,000

2,907,034,000 2,907,034,000 0
Kyambogo University (Formerly ITEK)
7,573,871,000

7,550,667,999 7,550,667,999 0
Uganda Management Institute
395,560,000

395,560,000 395,560,000 0
National Agricultural Research
Organisation

8,627,218,000

6,793,504,814

27,634,267,832 (19,007,049,832)
Uganda Police
79,219,532,000

76,532,509,185

76,409,286,770 2,810,245,230
Uganda Prisons
21,519,891,000

21,091,057,438

22,913,338,564 (1,393,447,564)
Public Service Commission
1,836,000,000

1,758,022,304

1,774,707,453 61,292,547
Local Government Finance Commission
1,337,840,000

1,337,839,841

1,311,887,268 25,952,732
Judicial Service Commission
1,601,540,000

1,277,482,331 1,257,134,220 344,405,780
Gulu University
3,015,500,000

2,490,938,000 2,490,938,000 0
Total for 30 June 2004
271,398,247,000

260,700,325,701

284,363,784,743 (13,763,834,694)
Total for 30 June 2003 254,326,904,786 235,332,813,052 305,410,388,268 -70,077,575,216

The following accounting policies and notes set out on pages 53 to 66 form an integral part of the financial statements.

18

REFERRAL HOSPITALS

Approved Actual Actual Under(over)
Referral hospital
Shs. Shs. Shs. Shs.
Mulago Hospital Complex
21,485,285,000

20,581,344,290

22,356,733,866

(871,448,866)
Butabika Hospital
11,602,249,000

7,421,656,981

7,417,895,949

4,184,353,051
Arua Hospital
1,761,000,000

1,661,265,003

1,656,457,189

104,542,811
Fort Portal Hospital
1,796,600,000

1,261,529,405

1,243,877,724

552,722,276
Gulu Hospital
1,666,000,000

1,260,967,376

1,268,540,808

397,459,192
Hoima Hospital
1,555,260,000

983,192,259

980,591,000

574,669,000
Jinja Hospital
2,616,980,000

2,616,979,567

3,047,319,230

(430,339,230)
Kabale Hospital
1,706,000,000

1,093,511,771

1,096,717,314

609,282,686
Masaka Hospital
1,933,318,000

1,612,447,402

1,619,144,807

314,173,193
Mbale Hospital
2,129,605,000

2,129,605,333

2,129,658,011

(53,011)
Soroti Hospital
1,729,982,000

1,362,571,668

1,376,653,335

353,328,665
Lira Hospital
1,278,500,000

611,700,158

666,190,517

612,309,483

51,260,779,000

42,596,771,213

44,859,779,956

6,400,999,250
Total for 30 June 2003.
46,413,205,000 36,315,572,061 35,417,893,166



19
EMBA88E8/M88ON8 EMBA88E8/M88ON8 EMBA88E8/M88ON8 EMBA88E8/M88ON8
Approved Actual Actual Under(over)
Name of Embassy/mission
Shs Shs Shs Shs
Uganda Mission at the United Nations,
New York

2,012,352,000

2,012,351,998

4,145,797,697

(2,133,445,697)
Uganda High Commission in the United
Kingdom

1,779,307,000

1,779,307,259

2,539,623,145

(760,316,145)
Uganda High Commission in Canada
(Ottawa)

758,068,000

758,068,000

825,081,373

(67,013,373)
Uganda High Commission in India (New
Delhi)

714,960,000

714,960,000

918,194,763

(203,234,763)
Uganda High Commission in Egypt
(Cairo)

763,913,000

763,913,338

763,898,734

14,266
Uganda High Commission in Kenya
(Nairobi)

1,101,840,000

1,101,840,082

1,593,472,445

(491,632,445)
Uganda High Commission in Tanzania
(Dar es Salaam)

1,177,673,000

1,177,673,000

543,132,457

634,540,543
Uganda High Commission in Nigeria
(Abuja)

622,108,000

622,108,000

644,982,430

(22,874,430)
Uganda High Commission in South
Africa (Pretoria)

993,778,000

993,778,077

1,093,937,901

(100,159,901)
Uganda Embassy in the United States
(Washington)

1,383,485,000

1,383,485,000

1,562,754,059

(179,269,059)
Uganda Embassy in Ethiopia (Addis
Ababa)

924,649,000

924,648,761

796,161,912

128,487,088
Uganda Embassy in China (Beijing)
1,914,781,000

1,914,781,001

2,043,083,000

(128,302,000)
Uganda Embassy in Rwanda (Kigali)
1,128,457,000

1,128,457,001

1,287,919,948

(159,462,948)
Uganda Embassy in Switzerland
(Geneva)

1,578,217,000

1,578,216,729

1,902,412,408

(322,659,686)
Uganda Embassy in Japan (Tokyo)
1,391,688,000

1,388,688,000

1,376,797,156

3,000,000
Uganda Embassy in Libya (Tripoli)
768,914,000

768,913,977

772,764,406

(3,850,406)
Uganda Embassy in Saudi Arabia
(Riyadh)

975,915,000

975,915,000

668,647,752

307,267,248
Uganda Embassy in Denmark
(Copenhagen)

1,125,059,000

1,125,059,000

1,141,055,009

(15,996,009)
Uganda Embassy in Belgium (Brussels)
1,317,988,000

1,317,987,853

1,344,655,790

(26,667,790)
Uganda Embassy in Italy (Rome)
1,478,744,000

1,478,744,000

1,978,273,621

(499,529,621)
Uganda Embassy in DRC (Kinshasa)
1,000,000 -

1,000,000
Uganda Embassy in Sudan (Khartoum)
784,597,000

784,597,000

819,120,176

(34,523,176)
Uganda Embassy in France (Paris)
457,754,000

457,754,000

705,402,896

(247,648,896)
Uganda Embassy in Germany (Berlin)
415,878,000

415,878,000

578,789,434

(162,911,434)
Uganda Embassy in Iran (Teharan)
365,641,000

364,641,000

187,459,382

178,181,618
Uganda Embassy in Russia (Moscow)
326,108,000

325,108,000

580,657,546

(254,549,546)
26,262,874,000

26,256,874,076

30,814,075,440

(4,561,556,562)
18,599,018,000 18,227,583,000 21,015,730,571 (2,788,147,571)


20
D8TRCT COUNCL8 D8TRCT COUNCL8 D8TRCT COUNCL8 D8TRCT COUNCL8
Approved Actual Actual Under
(over)
District Council
Shs Shs Shs Shs
Adjumani District 5,292,231,306 5,112,517,367 5,112,517,367
Apac District 20,840,408,722 19,475,460,985 19,475,460,985
Arua District 25,468,486,677 24,967,392,805 24,967,392,805
Bugiri District 11,096,168,984 10,759,403,863 10,759,403,863
Bundibugyo District 7,339,388,552 7,099,359,273 7,099,359,273
Bushenyi District 23,749,804,393 22,865,010,419 22,865,010,419
Busia District 7,920,285,969 7,647,870,329 7,647,870,329
Gulu District 14,365,190,171 13,145,478,059 13,145,478,059
Hoima District 9,991,286,908 9,610,489,803 9,610,489,803
Iganga District 21,209,425,892 20,596,768,845 20,596,768,845
Jinja District 11,899,197,580 11,541,195,208 11,541,195,208
Kabale District 16,599,745,424 16,003,801,182 16,003,801,182
Kabarole District 10,670,338,011 10,263,708,870 10,263,708,870
Kaberamaido District 5,273,568,095 5,049,169,368 5,049,169,368
Kalangala District 2,892,141,169 2,649,895,884 2,649,895,884
Kampala District 22,739,363,668 21,700,716,044 21,700,716,044
Kamuli District 18,515,149,367 17,884,211,401 17,884,211,401
Kamwenge District 7,986,913,208 7,770,992,889 7,770,992,889
Kanungu District 7,348,274,658 6,969,382,814 6,969,382,814
Kapchorwa District 8,639,350,880 8,289,083,513 8,289,083,513
Kasese District 16,229,874,345 15,554,628,267 15,554,628,267
Katakwi District 9,924,598,274 8,612,562,893 8,612,562,893
Kayunga District 8,963,009,829 8,742,050,887 8,742,050,887
Kibale District 10,916,600,244 10,530,971,238 10,530,971,238
Kiboga District 8,311,580,493 7,763,307,978 7,763,307,978
Kisoro District 7,933,221,089 7,500,209,179 7,500,209,179
Kitgum District 10,784,419,673 9,721,810,335 9,721,810,335
Kotido District 10,914,993,410 10,389,649,979 10,389,649,979
Kumi District 13,101,135,267 12,586,388,556 12,586,388,556
Kyenjojo District 9,970,258,006 9,728,659,936 9,728,659,936
Lira District 21,003,421,149 20,335,703,567 20,335,703,567
Luwero District 17,574,992,721 17,281,799,479 17,281,799,479
Masaka District 19,277,957,629 18,496,428,539 18,496,428,539
Masindi District 13,125,682,068 12,775,058,223 12,775,058,223
Mayuge District 9,369,747,579 8,970,559,400 8,970,559,400
Mbale District 20,108,209,023 19,511,417,494 19,511,417,494
Mbarara District 29,901,831,806 29,106,908,144 29,106,908,144
Moroto District 6,111,088,333 5,747,181,613 5,747,181,613
Moyo District 5,876,753,517 5,553,593,558 5,553,593,558
Mpigi District 15,334,312,339 14,275,921,894 14,275,921,894
Mubende District 17,683,298,460 17,201,233,681 17,201,233,681
Mukono District 23,877,208,489 23,281,591,854 23,281,591,854
Sub-total 566,130,913,377 543,069,545,615 543,069,545,615 -


21


DISTRICT COUNCILS (continued)

Approved Actual Actual
Under(over)
District Council
Shs. Shs. Shs. Shs.
Sub-total brought forward 566,130,913,377 543,069,545,615 543,069,545,615 -
Nakapiripiri District 4,541,883,461 4,264,869,031 4,264,869,031
Nakasongola District 5,635,770,244 5,408,754,904 5,408,754,904
Nebbi District 12,961,249,384 12,571,845,645 12,571,845,645
Ntungamo District 12,319,888,634 11,873,755,793 11,873,755,793
Pader District 9,392,082,678 8,280,317,401 8,280,317,401
Pallisa District 14,529,502,450 13,801,217,674 13,801,217,674
Rakai District 16,874,312,781 16,299,853,381 16,299,853,381
Rukungiri District 11,415,428,194 11,082,047,423 11,082,047,423
Sembabule District 6,725,640,534 6,501,520,309 6,501,520,309
Sironko District 8,937,317,138 8,698,562,436 8,698,562,436
Soroti District 10,881,310,452 10,331,180,430 10,331,180,430
Tororo District 17,641,654,663 16,840,202,614 16,840,202,614
Wakiso District 19,180,401,482 18,492,383,413 18,492,383,413
Yumbe District 8,470,230,376 7,994,343,544 7,994,343,544

Total for 30 June 2004 725,637,585,948 695,510,399,613 695,510,399,613
Total for 30 June 2003. 685,949,071,000 641,236,799,292 641,236,799,292 -



22


URBAN/MUNICIPAL COUNCILS

Approved Actual Actual Under
(over)
Municipal Council
Shs. Shs. Shs. Shs.
Arua Municipal Council 2,601,241,090 2,033,232,825 2,033,232,825
Entebbe Municipal Council 2,345,939,495 2,027,571,244 2,027,571,244
Fort Portal Municipal Council 2,512,397,323 2,214,580,114 2,214,580,114
Gulu Municipal Council 3,515,447,525 3,297,709,245 3,297,709,245
Jinja Municipal Council 3,358,744,088 3,224,395,411 3,224,395,411
Kabale Municipal Council 3,226,499,525 2,723,307,626 2,723,307,626
Lira Municipal Council 2,940,593,017 2,747,900,785 2,747,900,785
Masaka Municipal Council 2,464,572,166 2,040,941,540 2,040,941,540
Mbale Municipal Council 3,866,231,930 3,267,499,812 3,267,499,812
Mbarara Municipal Council 3,497,749,023 2,901,888,818 2,901,888,818
Moroto Municipal Council 965,787,256 766,431,361 766,431,361
Soroti Municipal Council 2,674,454,522 2,292,181,096 2,292,181,096
Tororo Municipal Council 3,371,050,576 2,900,639,039 2,900,639,039

Total for 30 June 2004. 37,340,707,536 32,438,278,916 32,438,278,916
Totals for 30 June 2003. 17,782,698,000 16,271,659,085 16,271,659,085



23

Statement of Contingent Liabilities as at 30 June 2004
[As submitted ans signed by Accounting Officers]

For all ministries, agencies, Referral hospitals, Embassies/Missions, Districts, and Urban/Municipal Councils.

Summary Legal
proceedings

Shs.
Guarantees
&
indemnities

Shs.
Guarantees
of bank
Overdrafts

Shs.
Other
Contingent
Liabilities

Shs.
Total
Contingent
Liabilities

Shs.
30
June
2003

Shs.

Ministries 239,376,215,980 0 0 107,000,000,000 346,376,215,980 0
Agencies 0 0 0 930,060 930,060 130,339,000
Referral
Hospitals
0 0 0 0 0 0
Embassies and
Missions
0 0 0 0 0 1,366,797,052
District
Councils
0 0 0 0 0 0
Urban Councils 0 0 0 0 0 0

Total
contingent
liabilities
239,376,215,980 0 0 930,060 346,377,146,040 1,497,136,052

Analyzed as
follows:

Domestic
contingent
liabilities
213,240,612,081 0 0 107,000,930,060 320,241,542,141 130,339,000
External
contingent
liabilities
26,135,603,899 0 0 0 26,135,603,899 1,366,797,052

At 30 June
2004
239,376,215,980 0 0 107,000,930,060 346,377,146,040
At 30 June
2003
10,000,000 29,944,000 0 1,457,192,052 1,497,136,052



24


MINISTRIES

Ministry Legal
proceedings

Shs.
Guarantees
&
indemnities

Shs.
Guarantees
of bank
Overdrafts

Shs.
Other
Contingent
Liabilities

Shs.
Total
Contingent
Liabilities

Shs.
30
June 2003

Shs
Office of the President 0 0 0 0 0 0
State House 0 0 0 0 0 0
Office of the Prime
Minister
0 0 0 0 0 0
Ministry of Defence 0 0 0 0 0 0
Ministry of Public
Service
0 0 0 107,000,000,000 107,000,000,000 0
Ministry of Foreign
Affairs
0 0 0 0 0 0
Ministry of Justice and
Constitutional Affairs
213,240,612,081 0 0 0 213,240,612,081 0
Ministry of Finance,
Planning and Economic
Development
0 0 0 0 0 0
Ministry of Internal
Affairs
0 0 0 0 0 0
Ministry of Agriculture,
Animal Industry and
Fisheries
0 0 0 0 0 0
Ministry of Local
Government
0 0 0 0 0 0
Ministry of Lands,
Water and environment
0 0 0 0 0 0
Ministry of Education
and Sports
0 0 0 0 0 0
Ministry of Health 0 0 0 0 0 0
Ministry of Tourism,
Trade and Industry
0 0 0 0 0 0
Ministry of Works,
Housing and
Communications
0 0 0 0 0 0
Ministry of Energy and
Minerals
0 0 0 0 0 0
Ministry of Gender,
Labour and Social
Development
0 0 0 0 0 0
Treasury Consolidation 26,135,603,899 0 0 0 26,135,603,899
0

Total at 30 June 2004. 239,376,215,980 0 0 107,000,000,000 346,376,215,980
Total at 30 June 2003 0 0 0 0 0



25

AGENCIES

Agency Legal
proceedings

Shs.
Guarantees
&
indemnities
Shs.
Guarantees of
bank
Overdrafts
Shs.
Other
Contingent
Liabilities
Shs.
Total
Contingent
Liabilities
Shs.
30
June 2003
Shs
Judiciary 0 0 0 0 0
Electoral Commission 0 0 0 0 0
Inspector General of
Governments Office
0 0 0 0 0
Parliamentary
Commission
0 0 0 0 0
Law Reform
Commission
0 0 0 0 0
Uganda Human Rights
Commission
0 0 0 0 0
Uganda Aids
Commission
0 0 0 0 0
National Planning
Authority
0 0 0 0 0
Office of the Auditor
General
0 0 0 0 0
Education Service
Commission
0 0 0 0 0
Directorate of Public
Prosecutions
0 0 0 0 0
Health Service
Commission
0 0 0 0 0
Mass Mobilisation 0 0 0 0 0
National Agricultural
Research Organisation
0 0 0 0 0
Uganda Police 0 0 0 930,060 930,060
Uganda Prisons 0 0 0 0 0
Public Service
Commission
0 0 0 0 0
Local Government
Finance Commission
0 0 0 0 0 120,399,000
Judicial Service
Commission
0 0 0 0 0

At 30 June 2004 0 0 0 930,060 930,060
At 30 June 2003 10,000,000 0 0 120,339,000 130,339,000



26


REFERRAL HOSPITALS

Referral hospital Legal
proceedings

Shs.
Guarantees
& indemnities

Shs.
Guarantees of
bank
Overdrafts
Shs.
Other
Contingent
Liabilities
Shs.
Total
Contingent
Liabilities
Shs.
30
June 2003
Shs
Mulago Hospital
Complex
0 0 0 0 0 0
Butabika Hospital 0 0 0 0 0 0
Arua Hospital 0 0 0 0 0 0
Fort Portal
Hospital
0 0 0 0 0 0
Gulu Hospital 0 0 0 0 0 0
Hoima Hospital 0 0 0 0 0 0
Jinja Hospital 0 0 0 0 0 0
Kabale Hospital 0 0 0 0 0 0
Masaka Hospital 0 0 0 0 0 0
Mbale Hospital 0 0 0 0 0 0
Soroti Hospital 0 0 0 0 0 0
Lira Hospital 0 0 0 0 0 0
At 30 June 2004 0 0 0 0 0
At 30 June 2003 0 0 0 0 0 0



27

EMBA88E8/M88ON8 EMBA88E8/M88ON8 EMBA88E8/M88ON8 EMBA88E8/M88ON8
Embassy/Mission Legal
proceedings

Shs.
Guarantees
& indemnities

Shs.
Guarantees of
bank
Overdrafts
Shs.
Other
Contingent
Liabilities
Shs.
Total
Contingent
Liabilities
Shs.
30
June
2003
Shs
Uganda Mission at the United
Nations, New York
0 0 0 0 0 0
Uganda High Commission in
the United Kingdom
0 0 0 0 0 0
Canada (Ottawa)
0 0 0 0 0 0
India (New Delhi)
0 0 0 0 0 0
Egypt (Cairo)
0 0 0 0 0 0
Kenya (Nairobi)
0 0 0 0 0 29,944,000
Tanzania (Dar es Salaam)
0 0 0 0 0 0
Nigeria (Abuja)
0 0 0 0 0 0
South Africa (Pretoria)
0 0 0 0 0 0
Uganda Embassy in the
United States (Washington)
0 0 0 0 0 0
Uganda Embassy in Ethiopia
(Addis Ababa)
0 0 0 0 0 0
Uganda Embassy in China
(Beijing)
0 0 0 0 0 0
Uganda Embassy in Rwanda
(Kigali)
0 0 0 0 0 0
Uganda Embassy in
Switzerland (Geneva)
0 0 0 0 0 0
Uganda Embassy in Japan
(Tokyo)
0 0 0 0 0 0
Uganda Embassy in Libya
(Tripoli)
0 0 0 0 0 0
Uganda Embassy in Saudi
Arabia (Riyadh)
0 0 0 0 0 0
(Copenhagen)
0 0 0 0 0 0
Uganda Embassy in Belgium
(Brussels)
0 0 0 0 0 0
Uganda Embassy in Italy
(Rome)
0 0 0 0 0 1,336,853,052
Uganda Embassy in DRC
(Kinshasa)
0 0 0 0 0 0
(Goma)
0 0 0 0 0 0
Uganda Embassy in Sudan
(Khartoum)
0 0 0 0 0 0
Uganda Embassy in France
(Paris)
0 0 0 0 0
Uganda Embassy in Germany
(Berlin)
0 0 0 0 0
Uganda Embassy in Iran
(Teharan)
0 0 0 0 0
Uganda Embassy in Russia
(Moscow)
0 0 0 0 0
At 30 June 2004 0 0 0 0 0
At 30 June 2003 0 29,944,000 0 1,336,853,052 1,366,797,052


28

Statement of Outstanding Commitments as at 30 June 2004
[As submitted and signed by accounting Officers]


Outstanding
commitments
Summary Operating
commitments
(Payables)
Capital
commitments
(Payables)
( longterm )
Total
Commitments
2004
Total
commitments
2003
shs shs shs shs
Ministries 118,272,475,640 4,288,529,548 353,960,000,000 476,521,005,188 76,124,113,084

Agencies 11,510,632,985 854,072,218 - 12,364,705,203 10,494,241,592

Referral Hospitals 1,607,732,504 - - 1,607,732,504 662,665,261

Embassies and Missions 2,471,624,797 43,869,072 - 2,515,493,869 3,709,607,646

Commitments for prior years to FY
2002/03
214,173,000,000

At 30 June 2004 133,862,465,926 5,186,470,838 353,960,000,000 493,008,936,764
At 30 June 2003 90,006,520,182 984,106,489 305,163,627,583



29


MINISTRIES

Outstanding
commitments
Operating
commitments
(Payables)
Capital
commitments
(Payables)
( longterm )
Total
Commitments
2004
Total
commitments
2003
Ministry
Shs. Shs. Shs. Shs. Shs
Office of the President 29,755,821,703 - - 29,755,821,703 -
State House 1,199,518,828 - - 1,199,518,828 2,958,266,549
Office of the Prime Minister 1,042,316,027 - - 1,042,316,027 8,203,585
Ministry of Defence 18,703,256,444 - - 18,703,256,444 988,820,585
Ministry of Public Service 344,536,389 - - 344,536,389 81,913,000
Ministry of Foreign Affairs 1,432,615,959 - - 1,432,615,959 3,412,629,174
Affairs
31,559,565,050
-
- 31,559,565,050 20,596,198,269
Economic Development
15,729,911,185
-
- 15,729,911,185 35,352,609,317
Ministry of Internal Affairs 15,869,376 - - 15,869,376 64,737,387
Industry and Fisheries
3,007,330,596
-
- 3,007,330,596 959,204,000
Ministry of Local Government 6,139,952
-
- 6,139,952 1,510,264
environment
349,311,990
-
- 349,311,990 861,000,000
Ministry of Education and Sports 404,729,386
-
- 404,729,386 378,232,175
Ministry of Health 2,725,211,516 - - 2,725,211,516 7,587,490,779
Ministry of Tourism, Trade and
Industry
67,282,267 - - 67,282,267 237,543,000
Communications
7,804,145,200 3,784,325,548 353,960,000,000 365,548,465,748 803,701,000
Ministry of Energy and Minerals 2,580,509,656 - - 2,580,509,656 1,572,069,000
Ministry of Gender, Labour and
Social Development
1,544,404,116 504,209,000 - 2,048,613,116 259,985,000
Treasury Consolidation - - - - 0

At 30 June 2004 118,272,475,640 4,288,529,548 353,960,000,000 476,521,005,188
At 30 June 2003 76,124,113,084 0 76,124,113,084



30


AGENCIES

Agency Operating
commitments
(Payables)
shs.
Capital
commitments
(Payables)
shs.
Outstanding
Commitments
(Longterm)
shs.
Total
Commitments
2004
shs.
Total
commitments
2003
Judiciary 294,551,052 847,338,976 - 1,141,890,028 996,555,991
Electoral Commission 77,316,664 - - 77,316,664 -
Inspector General of Governments
Office
3,773,330 - - 3,773,330 -
Parliamentary Commission - - - - -
Law Reform Commission 971,940 2,000,000 - 2,971,940 -
Uganda Human Rights Commission 216,610,798 - - 216,610,798 100,521,419
Uganda Aids Commission - - - - -
National Planning Authority 981,854 4,733,242 - 5,715,096
Office of the Auditor General - - - - -
Education Service Commission 52,373,250 - - 52,373,250 42,525,750
Directorate of Public Prosecution 4,687,750 - 4,687,750 -
Health Service Commission 18,828,254 - - 18,828,254 -
Mass Mobilisation 65,885,762 - - 65,885,762 220,000,000
Organisation
2,593,468,000
-
- 2,593,468,000 1,149,000
Uganda Police 4,540,559,944 - - 4,540,559,944 3,074,078,000
Uganda Prisons 3,574,460,970 - - 3,574,460,970 2,894,410,650
Public Service Commission 50,000,000 - - 50,000,000 36,926,853
Local Government Finance
Commission
5,473,000 - - 5,473,000 19,315,000
Judicial Service Commission 10,690,417 - - 10,690,417 11,000,000

At 30 June 2004. 11,510,632,985 854,072,218 - 12,364,705,203
At 30 June 2003. 9,750,353,191 743,887,489 10,494,240,680



31


REFERRAL HOSPITALS

Operating
commitments
(Payables)
Capital
commitments
(Payables)
Outstanding
commitments
(longterm)
Total
Commitments
2004
Total
commitments
2003
Referral Hospital
Shs. Shs. Shs. Shs. Shs.
Mulago Hospital Complex 8,676,489 - - 8,676,489 76,789,000
Butabika Hospital 1,178,231,237 - - 1,178,231,237 -
Arua Hospital 1,946,600 - - 1,946,600 -
Fort Portal Hospital - - - - 51,567,115
Gulu Hospital 10,493,585 - - 10,493,585 7,796,117
Hoima Hospital - - - - -
Jinja Hospital 367,240,190 - - 367,240,190 371,967,000
Kabale Hospital 7,931,798 - - 7,931,798 53,975,146
Masaka Hospital 17,031,921 - - 17,031,921 83,729,113
Mbale Hospital - - - - 9,781,305
Soroti Hospital 16,180,684 - - 16,180,684 7,060,465
Lira Hospital - - - - -

At 30 June 2004. 1,607,732,504 - -
1,607,732,504

At 30 June 2003. 662,665,261 - - 662,665,261



32


EMBASSIES/MISSIONS

Operating
commitments
Payables
Capital
commitments
Payables
Outstanding
Longterm
Commitments
Total
Commitments
2004
Total
commitments
2003
Embassy/Mission
Shs. Shs. Shs. Shs.
Uganda Mission at the United Nations, New
York
93,039,896 - -
93,039,896
550,118,763
Kingdom
365,063,770 - -
365,063,770
-
Uganda High Commission in Canada (Ottawa) 66,133,095 - - 66,133,095 35,569,220
Uganda High Commission in India (New Delhi) 161,000,875 16,130,790 - 177,131,665 -
Uganda High Commission in Egypt (Cairo) - - - - -
Uganda High Commission in Kenya (Nairobi) 217,831,736 - - 217,831,736 335,272,346
Uganda High Commission in Tanzania (Dar es
Salaam)
3,349,239 - -
3,349,239
680,778,236
Uganda High Commission in Nigeria (Abuja) 57,114,266 - - 57,114,266 37,045,260
Uganda High Commission in South Africa
(Pretoria)
68,419,000 - -
68,419,000
68,417,000
(Washington)
23,527,449 - - 23,527,449 -
Uganda Embassy in Ethiopia (Addis Ababa) - - - - 306,000,000
Uganda Embassy in China (Beijing) 56,607,000 - - 56,607,000 -
Uganda Embassy in Rwanda (Kigali) 160,980,066 - - 160,980,066 -
Uganda Embassy in Switzerland (Geneva) 264,760,716 - -
264,760,716
21,387,000
Uganda Embassy in Japan (Tokyo) 1,762,043 - - 1,762,043 -
Uganda Embassy in Libya (Tripoli) 20,840,724 - - 20,840,724 397,155,400
Uganda Embassy in Saudi Arabia (Riyadh) 55,117,506 - - 55,117,506 459,181,802
Uganda Embassy in Denmark (Copenhagen) - - - - 61,580,000
Uganda Embassy in Belgium (Brussels) 23,435,230 - - 23,435,230 134,235,000
Uganda Embassy in Italy (Rome) - - - - 574,210,574
Uganda Embassy in DRC (Kinshasa) - - - - -
Uganda Embassy in DRC (Goma) - - - - -
Uganda Embassy in Sudan (Khartoum) 35,037,657 - - 35,037,657 48,657,045
Uganda Embassy in France (Paris) 10,338,416 27,738,282 - 38,076,698
Uganda Embassy in Germany Berlin) 335,960,114 - - 335,960,114
Uganda Embassy in Iran (Tehran) - - - -
Uganda Embassy in Russia (Moscow) 451,305,999 - - 451,305,999
At 30 June 2004 2,471,624,797 43,869,072 - 2,515,493,869
At 30 June 2003 3,469,388,646 240,219,000 - 3,709,607,646



33

Summary Statement of losses of public moneys and stores written off, and claims abandoned during
the year ended 30 June 2004
[As reported and signed by Accounting Officers]


Summary Losses of public
moneys (cash
and cash
equivalents)
Shs.
Values of
stores written
off

Shs.

Claims
abandoned
during the year

Shs.

Total losses
wiritten off

Shs.

Total losses
at 30 June
2003

Shs.

Ministries 0 0 0 0 0

Agencies 0 0 0 0 0

Referral Hospitals 0 0 0 0 200,000

Embassies and Missions 0 0 0 0 0

Districts 0 0 0 0 0

Urban and municipal councils 0 0 0 0 0

At 30 June 2004 0 0 0 0
At 30 June 2003 0 0 200,000 200,000



34

Statement of losses of public moneys and stores written off, and claims abandoned during the year
ended 30 June 2004
[As reported and signed by Accounting Officers

MINISTRIES

Ministry Losses of public
moneys (cash
and cash
equivalents)

Shs.

Values of
stores written
off

Shs.

Claims
abandoned
during the year

Shs.

Total losses
wiritten off

Shs.

Total losses
at 30 June
2003

Shs.
Office of the President 0 0 0 0 0
State House 0 0 0 0 0
Office of the Prime Minister 0 0 0 0 0
Ministry of Defence 0 0 0 0 0
Ministry of Public Service 0 0 0 0 0
Ministry of Foreign Affairs 0 0 0 0 0
Affairs
0 0 0 0 0
0 0 0 0 0
Ministry of Internal Affairs 0 0 0 0 0
0 0 0 0 0
Ministry of Local Government 0 0 0 0 0
environment
0 0 0 0 0
Ministry of Education and Sports 0 0 0 0 0
Ministry of Health 0 0 0 0 0
Ministry of Tourism, Trade and
Industry
0 0 0 0 0
Communications
0 0 0 0 0
Ministry of Energy and Minerals 0 0 0 0 0
Ministry of Gender, Labour and
Social Development
0 0 0 0 0
Treasury Consolidation 0 0 0 0 0

At 30 June 2004. 0 0 0 0
At 30 June 2003 0 0 0 0 0



35

ended 30 June 2004
[As reported and signed by Accounting Officers]

AGENCIES

Agency Losses of public
moneys (cash and
cash equivalents)
Shs.

Values of stores
written off

Shs.

Claims
abandoned
during the year
Shs.

Total losses
wiritten off

Shs.

Total losses at
30 June 2003

Shs
Judiciary 0 0 0 0 0
Electoral Commission 0 0 0 0 0
Governments Office
0 0 0 0 0
Parliamentary Commission 0 0 0 0 0
Law Reform Commission 0 0 0 0 0
Uganda Human Rights
Commission
0 0 0 0 0
Uganda Aids Commission 0 0 0 0 0
National Planning Authority 0 0 0 0 0
Office of the Auditor General 0 0 0 0 0
Education Service Commission 0 0 0 0 0
Prosecution
0 0 0 0 0
Health Service Commission 0 0 0 0 0
Mass Mobilisation 0 0 0 0 0
Organisation
0 0 0 0 0
Uganda Police 0 0 0 0 0
Uganda Prisons 0 0 0 0 0
Public Service Commission 0 0 0 0 0
Commission
0 0 0 0 0
Judicial Service Commission 0 0 0 0 0
At 30 June 2004 0 0 0 0
At 30 June 2003 0 0 0 0 0



36

ended 30 June 2004

REFERRAL HOSPITALS

Referral hospital Losses of public
moneys (cash and
cash equivalents)

Shs.
Values of stores
written off

Shs.

Claims
abandoned
during the year

Shs.
Total losses
wiritten off

Shs.
Total losses at
30 June 2003

Shs
Mulago Hospital Complex 0 0 0 0 200,000
Butabika Hospital 0 0 0 0 0
Arua Hospital 0 0 0 0 0
Fort Portal Hospital 0 0 0 0 0
Gulu Hospital 0 0 0 0 0
Hoima Hospital 0 0 0 0 0
Jinja Hospital 0 0 0 0 0
Kabale Hospital 0 0 0 0 0
Masaka Hospital 0 0 0 0 0
Mbale Hospital 0 0 0 0 0
Soroti Hospital 0 0 0 0 0
Lira Hospital 0 0 0 0 0
At 30 June 2004 0 0 0 0
At 30 June 2003 0 0 200,000 200,000



37
ended 30 June 2004

EMBASSIES/MISSIONS
Embassy/Mission Losses of public
moneys (cash
and cash
equivalents)

Shs.

Values of
stores written
off

Shs.

Claims
abandoned
During the year

Shs.

Total losses
wiritten off

Shs.

Total losses`
at 30 June
2003

Shs.
Nations, New York
0 0 0 0 0
Uganda High Commission in the
United Kingdom
0 0 0 0 0
(Ottawa)
0 0 0 0 0
Uganda High Commission in India
(New Delhi)
0 0 0 0 0
(Cairo)
0 0 0 0 0
(Nairobi)
0 0 0 0 0
0 0 0 0 0
(Abuja)
0 0 0 0 0
Uganda High Commission in South
Africa (Pretoria)
0 0 0 0 0
(Washington)
0 0 0 0 0
Ababa)
0 0 0 0 0
Uganda Embassy in China (Beijing) 0 0 0 0 0
Uganda Embassy in Rwanda (Kigali) 0 0 0 0 0
Uganda Embassy in Switzerland
(Geneva)
0 0 0 0 0
Uganda Embassy in Japan (Tokyo) 0 0 0 0 0
Uganda Embassy in Libya (Tripoli) 0 0 0 0 0
(Riyadh)
0 0 0 0 0
(Copenhagen)
0 0 0 0 0
(Brussels)
0 0 0 0 0
Uganda Embassy in Italy (Rome) 0 0 0 0 0
Uganda Embassy in DRC (Kinshasa) 0 0 0 0 0
Uganda Embassy in DRC (Goma) 0 0 0 0 0
(Khartoum)
0 0 0 0 0
Uganda Embassy in France (Paris) 0 0 0 0 0
Uganda Embassy in Germany (Berlin) 0 0 0 0 0
Uganda Embassy in Iran (Tehran) 0 0 0 0 0
Uganda Embassy in Russia (Moscow) 0 0 0 0 0
At 30 June 2004 0 0 0 0 0
At 30 June 2003 0 0 0 0 0


38

Summary Statement of losses of public moneys and stores reported during the year ended 30 June 2004


Summary Losses of public
moneys (cash
and cash
equivalents)

Shs.

Values of losses
of stores

Shs.

Total losses
reported during
the year

Shs.

Total losses at
30 June 2003

Shs

Ministries 236,836,981 49,389,600 286,226,581 53,568,000

Agencies 0 124,804,480 124,804,480 49,598,000

Referral Hospitals 0 0 0 1,100,000

Embassies and Missions 0 0 0 0

Districts 0 0 0 0

Urban and municipal councils 0 0 0 0

At 30 June 2004 236,836,981 174,194,080 411,031,061
At 30 June 2003 10,198,000 94,068,000 104,266,000



39

Statement of losses of public moneys and stores reported during the year ended 30 June 2004

MINISTRIES

Ministry Losses of public
moneys (cash
and cash
equivalents)

Shs.

Values of losses
of stores

Shs.

Total losses
reported during
the year

Shs.

Total losses
reported at
30 June 2003

Shs
Office of the President 4,752,150 0 4,752,150 0
State House 0 0 0 0
Office of the Prime Minister 0 0 0 0
Ministry of Defence 231,264,831 0 231,264,831 0
Ministry of Public Service 0 0 0 0
Ministry of Foreign Affairs 0 0 0 0
Affairs
0 0 0 0
0 0 0 0
Ministry of Internal Affairs 0 26,980,000 26,980,000 0
Ministry of Agriculture, Animal Industry
and Fisheries
0 0 0 30,000,000
Ministry of Local Government 0 0 0 0
Ministry of Lands, Water and environment 0 0 0 0
Ministry of Education and Sports 0 7,909,600 7,909,600 0
Ministry of Health 0 0 0 0
Ministry of Tourism, Trade and Industry 0 0 0 0
Communications99
820,000 14,500,000 15,320,000 0
Ministry of Energy and Minerals 0 0 0 23,568,000
Ministry of Gender, Labour and Social
Development
0 0 0 0
Treasury Consolidation 0 0 0 0

At 30 June 2004 236,836,981 49,389,600 286,226,581
At 30 June 2003 0 53,568,000 53,568,000



40


AGENCIES

Agency Losses of
public moneys
(cash and cash
equivalents)

Shs.

Value of
losses of
stores

Shs.

Total losses
reported
during the
year

Shs.

Total losses
reported at 30
June 2003

Shs
Judiciary 0 0 0 0
Electoral Commission 0 20,600,000 20,600,000 0
Inspector General of Governments Office 0 0 0 9,298,000
Parliamentary Commission 0 0 0 0
Law Reform Commission 0 0 0 0
Uganda Human Rights Commission 0 0 0 0
Uganda Aids Commission 0 0 0 0
National Planning Authority 0 0 0 0
Office of the Auditor General 0 0 0 0
Education Service Commission 0 0 0 0
Directorate of Public Prosecution 0 0 0 0
Health Service Commission 0 0 0 0
Mass Mobilisation 0 840,000 840,000 0
National Agricultural Research Organisation 0 7,161,480 7,161,480 40,300,000
Uganda Police 0 96,203,000 96,203,000 0
Uganda Prisons 0 0 0 0
Public Service Commission 0 0 0 0
Local Government Finance Commission 0 0 0 0
Judicial Service Commission 0 0 0 0

At 30 June 2004 0 124,804,480 124,804,480
At 30 June 2003 9,298,000 40,300,000 49,598,000



41

REFERRAL HOSPITALS

Referral hospital Losses of public
moneys (cash and
cash equivalents)

Shs.
Values of losses of
stores

Shs.
Total losses
reported during
the year

Shs.

Total losses
reported at 30 June
2003

Shs.
Mulago Hospital Complex 0 0 0 200,000
Butabika Hospital 0 0 0 0
Arua Hospital 0 0 0 0
Fort Portal Hospital 0 0 0 0
Gulu Hospital 0 0 0 0
Hoima Hospital 0 0 0 900,000
Jinja Hospital 0 0 0 0
Kabale Hospital 0 0 0 0
Masaka Hospital 0 0 0 0
Mbale Hospital 0 0 0 0
Soroti Hospital 0 0 0 0

At 30 June 2004 0 0 0
At 30 June 2003. 900,000 200,000 1,100,000



42
Statement of losses of public moneys and stores reported during the year ended 30 June 2004.

EMBASSIES/MISSIONS

Embassy/Mission Losses of public
moneys (cash
and cash
equivalents)
Shs.

Values of losses
of stores

Shs.
Total losses
reported during
the year

Shs.

Total losses as
reported at 30
June 2003

Shs.
Uganda Mission at the United Nations,
New York
0 0 0 0
Kingdom
0 0 0 0
(Ottawa)
0 0 0 0
Uganda High Commission in India (New
Delhi)
0 0 0 0
(Cairo)
0 0 0 0
(Nairobi)
0 0 0 0
Uganda High Commission in Tanzania
(Dar es Salaam)
0 0 0 0
(Abuja)
0 0 0 0
Uganda High Commission in South Africa
(Pretoria)
0 0 0 0
(Washington)
0 0 0 0
Ababa)
0 0 0 0
Uganda Embassy in China (Beijing) 0 0 0 0
Uganda Embassy in Rwanda (Kigali) 0 0 0 0
Uganda Embassy in Switzerland (Geneva) 0 0 0 0
Uganda Embassy in Japan (Tokyo) 0 0 0 0
Uganda Embassy in Libya (Tripoli) 0 0 0 0
(Riyadh)
0 0 0 0
(Copenhagen)
0 0 0 0
Uganda Embassy in Belgium (Brussels) 0 0 0 0
Uganda Embassy in Italy (Rome) 0 0 0 0
Uganda Embassy in DRC (Kinshasa) 0 0 0 0
Uganda Embassy in DRC (Goma) 0 0 0 0
Uganda Embassy in Sudan (Khartoum) 0 0 0 0
Uganda Embassy in Iran (Teharan) 0 0 0 0
Uganda Embassy in France (Paris) 0 0 0 0
Uganda Embassy in Germany (Berlin) 0 0 0 0
Uganda Embassy in Russia (Moscow) 0 0 0 0
At 30 June 2004. 0 0 0
At 30 June 2003 0 0 0



43
Statement of Arrears of Revenues as at 30 June 2004

For all Ministries, Agencies, Referral hospitals, Embassies/Missions, Districts, and Urban/Municipal Councils.

Budgeted
revenue
Actual revenue
collected
Revenue remitted
to the
Consolidated
Fund
Due to
Consolidated
Fund
Arrears of
revenue at
30 June
2004
Arrears of
revenue at 30
June 2003
Summary
Ministries 16,271,286,469
112,212,928,563

111,196,320,054

1,016,608,509

-

Agencies 4,671,827,684 5,134,777,741 3,278,551,788 342,589,994 546,441,000
663,857,440

Referral Hospitals 2,047,317,400 1,498,744,427 1,306,831,333 191,913,094 382,401,149
307,616,000

Embassies and
Missions
1,087,228,695 6,860,257,207 3,282,371,729 3,577,885,478

- 3,675,724
Districts 0 0 0 0 0
-
Urban and
municipal
councils
0 0 0 0 0
-

At 30 June 2004 24,077,660,248 125,706,707,938 119,064,074,904 5,128,997,075 928,842,149
At 30 June 2003 48,046,410,745 137,825,107,441 136,849,958,277 975,149,164



44

MN8TRE8 MN8TRE8 MN8TRE8 MN8TRE8
Budgeted
revenue
Actual revenue
collected
Revenue remitted
to the UCF
Due to
Consolidated
Fund
Arrears
of
revenue
at the
year
end.
Arrears of
revenue at
30 June
2003
Ministry
Shs. Shs. Shs. Shs. Shs. Shs.
Office of the President 910,000,000 1,206,016,084 1,084,135,704
121,880380
- -
State House 13,000,000 6,080,000 6,080,000
-
- -
Office of the Prime
Minister
5,019,000 9,001,000 9,001,000
-
- -
Ministry of Defence 25,000,000 48,758,966 36,552,500
12,206,466
- -
Ministry of Public
Service
5,411,000 8,683,697 6,818,402
1,865,295
- -
Ministry of Foreign
Affairs
- 4,495,000 4,495,000
-
- -
Constitutional Affairs
1,960,319,000 1,622,214,655 1,620,565,741
1,648,914
- -
Development
- 6,190,000 6,190,000
-
- -
Ministry of Internal
Affairs
5,641,672,000 6,465,157,098 6,558,323,061
(93,165,963)
- -
Ministry of
Agriculture, Animal
1,230,904 737,738,152 214,326,639

523,411,513
- -
Ministry of Local
Government
22,000,000 11,280,000 10,550,300
729,700
- -
Ministry of Lands,
Water and environment
2,416,775,000 2,899,459,810 2,477,276,565
422,183,245
- -
Ministry of Education
and Sports
115,000,000 120,314,065 120,114,506
199,559
- -
Ministry of Health 10,000,000 88,368,775 105,298,315
(16,929,540)
- -
Ministry of Tourism,
Trade and Industry
26,199,000 35,345,837 35,345,837
-
- -
Ministry of Works,
Housing and
Communications
803,625,565 570,231,009 536,434,826

33,796,183
- -
Ministry of Energy
and Minerals
4,294,710,000 1,892,465,271 1,887,675,271
4,790,000
- -
Ministry of Gender,
Labour and Social
Development
21,325,000 13,601,107 9,608,350

3,992,757
- -
Treasury
Consolidation
0 96,467,528,037 96,467,528,037
0
- -

At 30 June 2004. 16,271,286,469
112,212,928,563
111,196,320,054
1,016,608,509
-
At 30 June 2003 16,655,632,000 88,161,474,453 88,161,474,453 -



45


AGENCE8 AGENCE8 AGENCE8 AGENCE8
Budgeted
revenue
Actual revenue
collected
Revenue
remitted to the
UCF
Due to
Consolidated
Fund
Arrears of
revenue at 30
June 2004
Arrears of
revenue at
30 June
2003
Agency
Judiciary 616,000,000 752,998,638 679,452,033 73,546,605
-
-
Electoral
Commission
100,000,000 18,380,150 18,380,150 -
-
-
Governments Office
20,107,000 5,990,200 5,948,200 42,000
-
-
Parliamentary
Commission
20,900,000 26,893,967 9,392,000 17,501,967
-
-
Law Reform
Commission
103,000,000 926,673,697 919,770,760 6,902,937
-
-
Uganda Human
Rights Commission -

2,700,000

2,700,000
-
-
-
Uganda Aids
Commission
30,000,000 23,011,964 20,767,540 2,244,424
-
-
National Planning
Authority
- - - -
-
-
General
- 815,000 815,000 -
-
-
Education Service
Commission
1,906,000 4,189,000 4,189,000 -
-
-
Prosecution
7,000,000 4,890,000 - 4,890,000
-
-
Health Service
Commission
4,504,000 2,010,000 3,740,085 (1,730,085)
-
-
Mass Mobilisation - 3,555,000 3,555,000 - -
521,159,684 295,461,875 36,419,716 -
-
-
Uganda Police 2,717,959,000 1,766,528,000 1,531,915,854 234,612,146 546,441,000
663,857,440
Uganda Prisons 526,192,000 1,290,280,250 35,686,450 - -
Public Service
Commission
700,000 2,590,000 2,590,000 -
-
-
Local Government
Finance Commission
600,000 1,650,000 1,650,000 0 - -
Judicial Service
Commission
1,800,000 6,160,000 1,580,000 4,580,000
-
-

At 30 June 2004 4,671,827,684 5,134,777,741 3,278,551,788 342,589,994 546,441,000
At 30 June 2003 25,930,341,004 43,716,965,448 43,053,108,008 663,857,440



46

REFERRAL HOSPITALS

Budgeted
revenue
Actual revenue
collected
Revenue
remitted to the
UCF
Due to
Consolidated
Fund
Arrears of
revenue at
30 June 2004
Arrears of
revenue at
30 June
2003
Referral hospital
Mulago Hospital
Complex
1,653,717,000 1,132,169,181 1,068,365,786 63,803,395 382,401,149 307,616,000
Butabika Hospital 10,512,000 8,338,750 8,338,750 - - -
Arua Hospital 18,000,000 13,689,739 13,350,000 339,739 - -
Fort Portal Hospital - 75,464,387 25,253,221 50,211,166 - -
Gulu Hospital - - - - - -
Hoima Hospital 10,260,000 4,015,000 3,311,050 703,950 - -
Jinja Hospital 46,980,000 52,775,690 35,235,000 17,540,690 - -
Kabale Hospital 17,682,100 9,476,670 7,894,424 1,582,246 - -
Masaka Hospital 85,318,000 12,398,950 10,194,350 2,204,600 - -
Mbale Hospital 190,898,300 179,805,370 126,161,062 53,644,308 - -
Soroti Hospital 13,950,000 10,610,690 8,727,690 1,883,000 -
-
-
Lira Hospital - - - - - -

At 30 June 2004 2,047,317,400 1,498,744,427 1,306,831,333 191,913,094 382,401,149
At 30 June 2003 2,163,749,212 2,096,248,146 1,788,632,146 307,616,000



47
EMBASSIES/MISSIONS
Budgeted
revenue
Actual revenue
collected
Revenue
remitted to the
UCF
Due to
Consolidated
Fund
Arrears
of revenue
at 30 June
2004
Arrears of
revenue at 30
June 2003
Embassy/Mission
Nations, New York
- 2,302,168,681 41,343,503 2,260,825,178 -
the United Kingdom
- 886,901,393 841,466,842 45,434,551
-

Canada (Ottawa)
80,713,611 126,004,967 92,430,266 33,574,701
-
2,214,827
India (New Delhi)
- 132,480,957 94,582,169 37,898,788
-
1,173,560
Egypt (Cairo)
36,565,436 19,885,096 16,680,340
-

Kenya (Nairobi)
677,600,000 859,787,858 517,658,576 342,129,282
-

- 12,316,500 12,316,500 -
-

Nigeria (Abuja)
20,907,600 53,147,351 56,733,471
(3,586,120)

-

South Africa (Pretoria)
- 343,781,032 318,769,044 25,011,988
-

Uganda Embassy in the United
States (Washington)
- 885,213,705 547,595,623 337,618,082
-

Uganda Embassy in Ethiopia
(Addis Ababa)
56,360,384 64,266,630 - 64,266,630
-

(Beijing)
108,374,254 105,910,959 2,463,295
-

Uganda Embassy in Rwanda
(Kigali)
- 10,624,210 10,014,100 610,110
-

Uganda Embassy in
8,031,000 57,505,000 26,750,111 30,754,889
-

(Tokyo)
98,352,689 88,517,421 9,835,268
-

-

(Tripoli)
2,516,326 - 2,516,326
-

Arabia (Riyadh)
19,104,100 18,485,062 22,015,244
(3,530,182)

-
34,337
(Copenhagen)
143,000,000 132,783,588 141,246,113
(8,462,525)

-

(Brussels)
81,512,000 155,285,767 151,380,062 3,905,705
-

(Rome)
54,475,356 - 54,475,356
-

(Kinshasa)
- - - -
(Goma)
- - - -
(Khartoum)
66,650,000 33,378,877 33,271,123
-
253,000
(Paris)
396,166,892 157,238,752 238,928,140
-

Uganda Embassy in Germany
(Berlin)
- 47,589,744 - 47,589,744
-

(Teharan)
- 6,289,906 3,139,000 3,150,906
-

(Moscow)
- 3,020,157 - 3,020,157
-

At 30 June 2004 1,087,228,695 6,860,257,207 3282,371,729 3,577,885,478
At 30 June 2003 3,296,688,529 5,000,035,483 1,642,989,699 3,675,724 3,675,724

48

Statement of stores and other assets (physical assets) purchased during the year ended 30 June 2004

For all ministries, agencies, Referral hospitals and Embassies/Missions

Property-land,
buildings,
highways
Plant machinery,
trucks machinery
Others-computers,
copiers
Total value of
property, plant
& equipments
purchased
during the year
30 June 2004
Total value of
property, plant &
equipments
purchased-
30 June 2003
Summary
Shs Shs Shs Shs Shs

Ministries 139,003,926,022 79,656,492,251 11,270,866,809 229,931,285,082 199,760,842,875

Agencies 2,849,933,176 5,275,141,428 1,211,945,786 9,398,158,072 20,225,062,921

Referral hospitals 3,789,423,903 1,460,332,130 - 5,249,756,033 2,131,958,998

Embassies/Missions 36,855,658 838,042,915 35,103,997 910,002,570 653,226,896

At 30 June 2004 145,680,143,750 87,230,008,794 12,517,916,592 245,428,069,145
At 30 June 2003 57,619,154,381 30,585,472,921 124,432,393,577 222,771,091,690



49

Statement of stores and other assets (physical assets) acquired during the year ended 30 June 2004

MINISTRIES

Plant,
machinery,MV,
furniture
Total value of
property, plant &
equipments
purchased
Property-land,
buildings,
highways
trucks
Others-
computers,
copiers
Total value of
property, plant
& equipments
purchased
during the year 30-june-2003
Ministry
Office of the President
134,007,867 608,053,592 -
742,061,459 1,064,550,334
State House
768,910,079 1,355,905,072 9,896,361,381
12,021,176,532 13,066,192,971
Office of the Prime
Minister - 379,274,938 -
379,274,938 548,170,040
Ministry of Defence
2,481,499,379 6,037,597,252 -
8,519,096,631 9,846,039,355
Ministry of Public Service
36,570,530 323,411,788 -
359,982,318 651,964,193
Ministry of Foreign Affairs
12,940,384,979 15,520,000 -
12,955,904,979 11,407,000
Constitutional Affairs 1,400,724,331 1,819,334,687 -
3,220,059,018 6,620,894,501
Development 842,119,000 17,140,597,388 -
17,982,716,388 1,551,500,236
Ministry of Internal Affairs
143,631,712 170,040,824 20,226,050
333,898,586 203,751,821
Ministry of Agriculture,
Animal Industry and
Fisheries 774,508,000 2,107,744,221 82,427,667
2,964,679,888 698,220,000
Ministry of Local
Government - - -
- -
Ministry of Lands, Water
and environment 19,518,355,637 4,263,763,383 83,132,871
23,865,251,891 19,605,933,574
Ministry of Education and
Sports 3,903,103,077 2,078,853,579 1,188,718,840
7,170,675,496 30,234,321,279
Ministry of Health
4,113,728,630 16,023,784,795 -
20,137,513,425 4,879,927,951
Ministry of Tourism, Trade
and Industry 163,161,000 1,327,830,614 -
1,490,991,614 3,810,000
Ministry of Works,
Housing and
Communications
91,670,085,801
12,497,730,421 -
114,545,054,784 109,095,117,792
Ministry of Energy and
Minerals
108,819,000
12,963,479,997 -
13,072,298,997 294,144,805
Ministry of Gender, Labour
and Social Development
4,317,000
543,569,700 -
547,886,700 1,384,897,023
Treasury Consolidation - - - - -

At 30 June 2004 139,003,926,022 79,656,492,251 11,270,866,809 229,931,285,082
At 30 June 2003 55,709,745,447 22,086,059,142 121,965,038,286 199,760,842,875



50


AGENCIES

Total value of
acquisitions -
Property-land,
buildings,
highways
Machinery,plant
& Motor
vehicles etc
Others Total value of
acquisitions
during the year 37,802
Agency
Shs Shs Shs Shs Shs
Judiciary 387,400,000 660,466,667 - 1,047,866,667 746,172,300
Electoral Commission - 292,824,128 231,473,294 524,297,422 307,099,333
Governments Office
- 161,005,200 - 161,005,200 444,692,860
Parliamentary Commission 935,660,734 437,855,864 1,373,516,598 507,319,489
Law Reform Commission - 50,000,000 26,520,965 76,520,965 62,245,226
Uganda Human Rights
Commission
- 115,706,200 - 115,706,200 40,000,000
Uganda Aids Commission 51,524,940 - 721,202,082 772,727,022 154,914,436
National Planning
Authority
- 399,989,118 - 399,989,118 -
General
- 138,000,000 - 138,000,000 140,000,000
Education Service
Commission
- 32,697,000 4,194,000 36,891,000 113,991,000
Prosecution
196,010,028 221,873,953 160,403,145 578,287,126 609,719,656
Health Service Commission - 51,357,834 26,787,300 78,145,134 66,623,795
Mass Mobilisation 109,992,980 92,938,500 - 202,931,480 285,819,565
425,531,344 1,847,535,205 41,365,000 2,314,431,549 2,557,639,888
Uganda Police 714,292,000 333,053,000 186,212,286 1,233,557,286 2,713,817,000
Uganda Prisons 25,375,000 167,281,743 - 192,656,743 869,803,433
Public Service Commission 4,146,150 78,768,630 - 82,914,780 35,204,458
Commission
- 7,576,000 - 7,576,000 11,419,968
Judicial Service
Commission
- - - - 5,600,000

At 30 June 2004 2,849,933,176 5,275,141,428 1,211,945,786 9,337,020,290
At 30 June 2003 10,134,070,811 8,200,019,307 1,890,972,803 20,225,062,921



51


REFERRAL HOSPITALS

Total value of
fixed assets
acquired
Property-land,
buildings,
highways
Plant
machinery,
trucks
Others-
computers,
copiers
Total value of
fixed asset
acquisitions
during the year 30 June 2003
Referral hospital

Mulago Hospital Complex 1,076,313,875 16,451,920 - 1,092,765,795 1,342,177,498
Butabika Hospital 2,713,110,028 1,443,880,210 - 4,156,990,238 781,592,000
Arua Hospital - - - - -
Fort Portal Hospital - - - - -
Gulu Hospital - - - - -
Hoima Hospital - - - - -
Jinja Hospital - - - - -
Kabale Hospital - - - - -
Masaka Hospital - - - - 5,000,000
Mbale Hospital - - - - 3,189,500
Soroti Hospital - - - - -
Lira Hospital - - - -
At 30 June 2004 3,789,423,903 1,460,332,130 - 5,249,756,033
At 30 June 2003 1,909,408,934 61,080,000 161,470,064 2,131,958,998



52
EMBASSIES/MISSIONS
Property, land,
buildings,
highways
Plant,
machinery,
trucks
Others-
computers,
copiers
Total value of
fixed assets
acquired during
the year
Total value of
fixed assets
acquired- 30 June
2003.
Embassy/Mission
Shs Shs Shs Shs Shs
Uganda Mission at the
United Nations, New York
- 58,185,509
Uganda High Commission
in the United Kingdom
6,366,722 6,366,722 -
in Canada (Ottawa)
37,376,334 - 230,740 37,607,074 195,268,427
in India (New Delhi)
- 16,130,790 - 16,130,790 -
in Egypt (Cairo)
- 79,332,400 - 79,332,400 -
in Kenya (Nairobi)
- 5,421,000 - 5,421,000 3,300,269
in Tanzania (Dar es Salaam)
1,172,180 73,801,093 7,073,500 82,046,773 -
in Nigeria (Abuja)
- 36,484,484 48,799,315 85,283,799 14,086,962
in South Africa (Pretoria)
- 18,880,106 - 18,880,106 30,816,000
Uganda Embassy in the
United States (Washington)
35,683,478 84,803,940 - 120,487,418 71,933,796
Uganda Embassy in
Ethiopia (Addis Ababa)
- - 21,433,035 21,433,035 4,000,000
(Beijing)
77,076,939 77,076,939 -
Uganda Embassy in
Rwanda (Kigali)
25,023,463 52,229,000 - 77,252,463 -
Uganda Embassy in
- - - - -
(Tokyo)
- -
(Tripoli)
- -
Arabia (Riyadh)
- 6,435,569 - 6,435,569 19,099,268
Uganda Embassy in
Denmark (Copenhagen)
- - - - 37,060,000
Uganda Embassy in
Belgium (Brussels)
- 34,056,541 - 34,056,541 -
(Rome)
36,416,156 36,416,156 128,977,676
Uganda in DRC Kinshasa) - - - - -
Uganda in DRC (Goma) - - - - -
(Khartoum)
79,759,621 79,759,621 90,498,989
(Paris)
84,874,262 84,874,262
Uganda Embassy in
Germany (Berlin)
- 1,760,088 - 1,760,088
(Teharan)
- 16,254,273 - 16,254,273
(Moscow)
- 10,638,722 - 10,638,722
At 30 June 2004 36,855,658 838,042,915 35,103,997 910,002,570
At 30 June 2003 - 238,314,472 414,912,424 653,226,896


53
ACCOUNTING POLICIES
A. Accounting policies
These are the specific principles, bases, conventions, rules and practices adopted by the Government of the
Republic of Uganda in preparing and presenting the financial statements.

The accounting policies have been applied consistently through out the year.

B. General
The financial statements have been prepared in accordance with the requirements of the Public Finance and
Accountability Act, 2003 [the Act] and comply with Generally accepted Accounting Principles taking into
consideration the Government of Uganda legal and regulatory framework regarding public finances.

C. Reporting currency
The reporting currency is the Uganda Shilling, which is the legal tender of the Republic of Uganda.

D. Reporting Period
The reporting period for the Financial Statements is the financial year of the Government, which runs from
1 July to the next 30 June.

E. Basis of accounting
The Financial Statements comply with generally accepted accounting practice. The measurement base
applied is historical cost. The cash basis of accounting has been used consistently during the year, but
modified as regards recognition of pension liabilities, domestic arrears under payables and revenue from
Uganda Revenue Authority.

Under the modified cash basis of accounting, revenue is recognized generally when received and not when
earned, and expenditure is recognized generally when paid and not when incurred. Similarly, payments for
assets [property, plant and equipments] are expensed in the year they are paid for.

F. Basis of combination/consolidation
All ministries, embassies/missions, and agencies to the extent financed from the Consolidated Fund are
consolidated by line item in the financial statements. Corresponding assets, liabilities, revenues and
expenditures are added together line by line. Balances and transactions between these sub-entities are
eliminated on consolidation. The disbursements to Local Governments, Tertiary Institutions and
independent self accounting projects are captured as grants paid and indicated in the

Similarly, commitments and contingencies of ministries, embassies/missions, refereral hospitals, and other
agencies to the extent financed from the Consolidated Fund are added together on a line item basis, and are
presented separately in the Statement of Outstanding Commitments, Statement of Contingent Liabilities,
Statement of Revenue Arrears, and Statement of Revenues and Expenditure.

G. Revenue
Subject to Article 152 of the Constitution of the Republic of Uganda, tax is levied with the authority of
Parliament.

The Government of the Republic of Uganda provides many services and benefits to the public but these do
not necessarily give rise to revenue to the Government. Equivalently, payment of tax and other dues do not
necessarily result into an entitlement to the taxpayer to receive corresponding value of services and benefits
because there is no explicit relationship between the payment of tax and other dues on one hand, and
receipt of goods and services from the Government of the Republic of Uganda on the other.

Tax and Non-Tax Revenue collected by the Uganda Revenue Authority (the URA) on behalf of the
Government, are recognized when received by the URA. Non-tax and other revenue is recognised when
actually received by the relevant entity of the Government.


54
ACCOUNTING POLICIES ( continued)
Other revenues, social contributions, grants, including investment income are recognized when received in
the Consolidated Fund.

H. Unrealized gains and losses
Unrealized foreign exchange gains and losses on monetary assets and liabilities such as bank balances
denominated in foreign currencies including those on marketable securities held for trading purposes are
recognized in the financial statements.

Unrealized gains or losses, excluding foreign exchange gains or losses, arising from changes in the value of
investments and marketable securities held for investment purposes are not recognized in the financial
statements.

I. Grants
Grants to the government are recognized when received; similarly, grants from the central government to
entities like local governments, agencies, and state enterprises are recognized at the point of disbursement.

J. Foreign currency transactions
Foreign currency transactions denominated in foreign currencies are recorded into Uganda Shillings at the
exchange rate ruling on the date of the transaction; realized gains and losses resulting from these
transactions are recognized in the Statement of Financial Performance. Monetary assets and liabilities
denominated in foreign currency at the year-end are translated at the closing rate of exchange with the
resulting exchange gains/(losses) dealt with through the Statement of Financial Performance.

K. Expenses
In general, expenses are recognised when actual payment is made. However, as explained in accounting
policy E above, expenses relating to pension liabilities, domestic arrears and interest expense on treasury
bills are recognized when incurred under the modified cash basis of accounting.

L. Property, Plant and Equipments (physical assets or fixed assets)
Physical assets principally comprise land, buildings, plant, equipments, state highways, specialist military
equipments]. Following adoption of the cash basis of accounting purchases of property, plant and
equipments are expensed in the year of purchase [effectively writtenoff in full in the year of purchase].
However, these assets are recorded in Fixed Asset Registers at historical cost as a memorandum record
with effect from 1 July 2003.

Unrealized gains or losses arising from changes in the values of property, plant and equipments [physical
assets] are recognized in the financial statements. Proceeds on disposal of these assets are recognized in the
financial statements as Non Tax Revenue.

M. Receivables
Receivables are carried at original historical cost less an estimate made for doubtful receivables based on a
review of all outstanding amounts at the year-end. Because prior Parliamentary approval is required before
charging to the Consolidated Fund, provisions for doubtful debts are shown as a movements in other
reserves. Bad debts are written off when identified and charged directly to the Consolidated Fund after
obtaining Parliamentary approval for the write off.

N. Inventories
Inventories, except for unissued currency stocks, are stated at the lower of cost and net realizable value.
Cost is determined by first-in, first-out [FIFO] method. The cost of finished goods and work in progress
comprises raw materials, direct labour, other direct expenses, and related production overheads [based on
normal operating capacity] but excludes borrowing costs. Net realizable value is the estimated selling price
in the ordinary course of business, less the cost of completion and selling expenses.


55
O. Investments
Investments are classified into three groupings, namely: investments held for trading; investments held-to-
maturity; and investments available for-sale.

Investments that are acquired principally for the purposes of generating profit from short-term fluctuations
in price are classified as trading investments, and are, therefore, current assets and are treated as
monetary assets.

Investments with fixed maturities and there is an intention and ability to hold them to maturity dates are
classified as Investments held-to-maturity, and are, therefore, non-current assets, and are treated as non-
monetary assets.

Investments intended to be held for an indefinite period of time, which may be sold in response to liquidity
needs or changes in interest rates, are classified as investments available-for-sale, and are therefore non-
current assets and regarded as non-monetary assets. However, if there is an expressed intention to sell these
within 12 months, then these are treated as current assets and are monetary assets.

The Government determines appropriate classifications of its investments at the time of purchase and re-
evaluates such designation on a regular basis.

All purchases and sales of investments are recognized at the date when payments are effected or when
proceeds are received. All investments in the balance sheet are carried at historical cost.

P. Investment properties
Investment property [principally comprising land, office, commercial and residential buildings, and other
physical assets], is held for long-term rental income and is not occupied by the Government. Investment
property is treated as a long-term investment and is carried at cost.

Q. Cash and cash equivalents
Cash and cash equivalents are carried in the balance sheet at cost. For the purposes of the cash flow
statement, cash and cash equivalents comprise cash on hand, deposits held at call with banks, other short-
term highly liquid investments, and bank overdrafts. In the balance sheet bank overdrafts are included in
borrowings.

R. Borrowings
Borrowings are initially recorded in the balance sheet at the proceeds received, net of transaction costs paid.
Unrealized gains or losses including exchange rate gains or losses are recognized in the financial
statements. Interest expense or income on borrowings is recognized when paid or received.

S. Employee benefits
Employee benefits include salaries, allowances, pensions and other related-employment costs. However,
these are recognized in the financial statements only when actual payments are made.

Under the Pension Act, {CAP 281} every officer in the public service who has qualified for pension is
entitled to pension. Accordingly pension liabilities at the end of a financial year are accrued in the financial
statements.

T. Contingencies
Contingent liabilities are recorded in the Statement of Outstanding Contingencies at a point when the
contingency is evident. Contingent assets are not disclosed.

U. Commitments
Commitments include operating and capital commitments arising from non-cancelable contractual or
statutory obligations. Interest commitments and loans and commitments relating to employment contracts

56

are not included in the Statement of Outstanding Commitments. Outstanding commitments are included in
the balance sheet as payables and in the Statement of Outstanding Commitments.

V. Payables
The payables which form part of the liabilities in the balance sheet are present obligations of the accounting
units arising from past events, the settlement of which is expected to result in an outflow from the entity of
resources embodying economic benefits or service potential.


57
Notes to the Financial Statements for the year ended 30 June 2004

Note 1
Functions of government
For presentation of certain information in the financial statements by functions of government, the Government Finance Statistics [the
GFS] as developed by the Organization for Economic Cooperation and Development [the OECD], and as published by the
International Monetary Fund [IMF], 2001 has been followed.

Note 2
Exchange rates
All monetary amounts in the financial statements are expressed in Uganda Shillings, the legal tender. The Uganda Shilling closing rate
(the Bank of Uganda middle rate) for major currencies were:

Actual
30

June 2004
Shs
Actual
30

June 2003
Shs
United States Dollar 1,794.73 2,008.04
Japanese Yen 16.57 119.60
British Pound 3,244.33 3,314.27
Euro 2,174.32 2,293.78

Note 3
Taxation revenues
Taxation revenues comprise both direct and indirect taxes levied and collected by the Uganda Revenue Authority [the URA] on behalf
of the Government, and are paid into the Consolidated Fund as required by Section 9 of the Public Finance and Accountability Act,
2003 [the Act]. Details of taxation revenues for the year are summarized hereunder:

30 June 2004 30 June 2003

Shs. Shs.
Customs and exercise taxes 488,314,264,476 389,428,541,495
Taxes on gains and profits, fees and licences including VAT 1,208,233,617,558 1,062,420,421,214
Sub-total 1,696,547,882,034 1,451,848,962,709
Less Tax refunds (41,799,999,996) (36,666,666,670)
Total taxation revenues 1,654,747,882,038 1,415,182,296,039

Note 4
Non-Tax Revenues [NTR]
The collection of certain NTR has recently been transferred to the URA but the bulk was collected by Accounting Officers during the
year. NTR principally comprise the following:

30 June 2004 30 June 2003

Shs. Shs.
Investment income 1,728,992,765 984,779,495
Dividends 2,639,000,000 1,651,485,200
Withdrawal from income of quasi-corporations 4,890,000 2,328,641,303
Property income attributed to insurance policy holders 0 1,000,000
Rent 3,902,967,601 6,017,945,855
Other property income 1,678,478,515 1,414,406,543
Sale of market establishments 4,395,267,882 1,726,911,541
Administrative fees & licenses 14,943,408,952 47,666,015,859
Incidental sales by non-market establishments 1,894,111,425 6,791,178,457
Imputed sales of goods and services 0 50,722,295
Court fines and penalties 187,737,341 328,046,000
Other fines and penalties 72,088,032 163,247,600
Miscellaneous and unidentified revenues 98,965,026,817 69,844,943,608
Total Non-Tax Revenue 130,411,969,330 138,969,323,756


58

Note 5
Grants received

30 June 2004 30 June 2003

Shs. Shs.
Grants from foreign governments 390,559,839,969 298,324,584,402
Grants from international organisations- 486,292,211,025 119,271,744,537
Grants from other general government units 7,219,936 12,836,093
Total grants 876,859,270,930 417,609,165,032

Note 6
Grants under Highly Indebted Poor Contries [HIPC] arrangement

30 June 2004 30 June 2003

Shs. Shs.
Under IMF arrangements 44,260,639,734 43,343,784,605
Other creditors- principal amounts 59,512,444,314 60,039,541,712
Other creditors- interests amounts 14,630,499,507 15,629,282,625
Japan cancellation 104,884,831,773
South Korea 1,301,631,022
Total relief 224,590,046,350 119,012,608,942

The above amounts includes non-cash relief of Shs. 180,329,406,616 for the year ended 30 June 2004
Note 7
Employee costs
Principally comprise:

30 June 2004 30 June 2003

Shs. Shs.
Wages and salaries 352,352,743,282 318,718,095,424
Social contributions 71,633,748,437 5,969,751,337
Other employment costs 38,273,813,214 83,210,885,998
Total employee costs. 462,260,304,933 407,898,732,759

Note 8
Goods and services consumed
These are mainly:

30 June 2004 30 June 2003

Shs. Shs.
General expenses 95,923,615,176 135,831,166,776
Communications 18,436,992,932 13,550,356,838
Utility and property expenses 64,925,449,655 39,730,764,323
Supplies and services 243,755,785,713 227,810,609,006
Professional services 30,396,493,359 15,771,374,230
Insurances and licences 2,870,980,974 592,476,745
Travel and transport 65,191226,515 56,559,265,371
Maintenance 51,398,074,191 48,517,230,183
Inventories 0 1,262,476,113
Total goods and services 572,898,618,515 539,625,719,585

Note 9
Consumption of property, plant and equipments (fixed assets or physical assets)
As explained in accounting policy L all property, plant and equipments purchased during the year are expensed during the year of
purchase [fully depreciated in the year of purchase].

The value of property, plant and equipments expensed [ fully depreciated in the year of purchase] comprise


59


30 June 2004 30 June 2003

Shs Shs.
Land 808,783,000 11,407,051,615
Buildings and structures 144,871,360,759 56,346,173,653
Machinery, furniture 72,056,990,472 105,794,801,371
Motor vehicles 15,173,018,322 26,022,380,055
Other fixed assets 12,517,916,592 23,200,693,860
Total value of property, plant and equipments expensed 245,428,069,145 222,771,100,554

Note 10
Interest expense
Interest expenses as submitted by Accounting Officers comprise:

30

June 2004
Shs
30

June 2003
Shs
Ministries 6,786,408,723 29,135,182
Agencies 0 -
Referral hospitals 0 -
Embassies/missions 18,743,147 -
Total 6,805,151,870 29,135,182

Note 11
Subsidies
Subsidies paid during the year are summarized as below:

30 June 2004 30 June 2003

Shs. Shs.
To public corporations 0 -
To private enterprises 0 1,029,814,408
To private individuals 0 8,062,000
Total subsidies for the year 0 1,037,876,408
Note 12
Grants paid
The Government paid grants during the year to the following:

30 June 2004 30 June 2003

Shs. Shs.
Transfers to Tertiary Institutions
47,453,062,249
To international organization 13,516,861,832 5,059,212,227
To other general government units 7,11874,117,716 108,582,807,612
To resident non-government units 26,503,851,973 13,306,991,741
To local governments 727,948,678,529 657,508,458,377
Total grants for the year 1,527,296,572,299 784,457,469,957

Government paid grants to international organizations to which Uganda is a member and such payments include but not limited
annual membership fees, contributions, provide support funds etc. Such organizations include African Union, IGAD, etc

Grants to general government units are support grants to agencies etc within the appropriated amounts by Parliament.

Grants to local governments comprise equalization, conditional and unconditional grants as appropriated by Parliament.


60


Note 13
Social benefits
Social benefits paid during the year comprise:

30 June 2004
Shs
30 June 2003
Shs
Social security benefits- cash 635,547,955 305,848,302
Social security benefits- imputed 0 24,999,938
Social assistance benefits- cash 325,430,459 21,227,000
Employer Social benefits- cash 1,166,893,619 60,240,313,020
Total social benefits 2,127,872,033 60,592,388,260

Note 14
Other operating expenses
These comprise:

30 June 2004 30 June 2003

Shs. Shs.
Property expenses other than interest 325,174,382 9,397,214,309
Miscellaneous expenses 78,788,453,836 45,415,652,839
Total other operating expenses 79,113,628,218 54,794,867,138

Note 15
Foreign exchange gains

30 June 2004 30 June 2003

Shs. Shs.
Realised on repayment of external debt 1,976,924,105 5,693,064,599
Unrealised gain on outstanding debt 515,316,859,642
Unrealised gain on disbursements 2003-04 22,350,840,813
Foreign exchange gain on HIPC payments 2003-04 1,790,827,830
Unrealised on monetary assets/liabilities denominated in foreign currencies 0 0
Foreign exchange (gains)/ losses 541,435,452,390 5,693,064,599

Note 16
Finance costs
Finance cost includes interests paid during the year in respect of external debts, commitment fees, and charges on treasury bills,
treasury bonds, and other domestic borrowings net of any interest income received during the year. These charges arise only from
financing arrangements for the budget rather than temporary arrangements to meet cash flow requirements.

Interest on outstanding treasury bills at the year of Shs 52,168,847,211[30 June 2003 was Shs. 64, 124,423,449] has been included in
the financial statements because Bank of Uganda initially makes payment and claims refund from the government.

30 June 2004 30 June 2003
Shs Shs
Interest on external borrowings 55,587,816,478 47, 101,661,616
Interest on treasury bills/bonds 111,715,266,469 128,984,483,844
Interest on other domestic borrowings 0 28,459,476
Total interest expense 167,303,082,947 176,114,604,936


61

Note 17
Bad debts expenses
The following companies were privatized and respective balances are considered irrecoverable.However, they can only be written off
and charged to the Consolidated Fund after receiving parliamentary approval. In the meantime , full provision has been made in the
financial statements by showing it as a movement on Other Reserve Funds as shown in Note 24 on the Consolidation Fund.

30 June 2004
Shs
30 June 2003
Shs
Provision at the beginning of the year- at 1 July 5,854,587,303 0
Additional provision for the year 883,512,465 5,854,587,303

Less provision approved for write off during the year 0 0
Less provision no longer required 0 0
Provision at the end of the year- at 30 June 6,738,099,768 5,854,587,303

Note 18
Cash and Cash equivalents

Comprise cash and bank balances of all bank accounts operated by the Treasury and central government ministries with Bank of
Uganda and commercial banks. This include balances with the Bank of Uganda, for both the Consolidated Fund and for various votes
(accounting officers), and for all project accounts. It also includes all bank balances held with commercial banks operated by the
Treasury and vote holders.
30 June 2004 30 June 2003

Shs. Shs.
DOMESTIC
Revenue accounts 583,835,268 841,815,669
Expenditure accounts 19,926,642,182 37,674,472,313
Project Accounts 109,434,138,162 94,981,401,826
Contingency Fund Account 976,950 234,976,950
Collection accounts 1,031,107,696 10,428,399,530
Cash in transit 1,718,718,633 370,504,415
Cash at hand- Imprest 405,751,818 0
Others 1,483,321,626,282 2,008,078,215,808
Sub-total cash and cash equivalents- domestic 1,616,422,796,991 2,152,609,786,511
FOREIGN
Project Accounts 2,055,552,854 0
Contingency Fund Account 0 0
Collection accounts 265,333,016 208,171,010
Cash in transit 739,200 2,185,575
Cash at hand- Imprests 10,460,142 1,917,512
Others 246,532,158 196,845,606
Sub-total cash and cash equivalents- foreign 2,578,617,370 409,119,703
Total cash and cash equivalents 1,619,001,414,361 2,153,018,906,214

Note 19
Receivables

30 June 2004 30 June 2003

Shs. Shs.
Due from the URA 97,022,947,717 75,571,027,172
Loans- domestic 1,198,909,163,083 1,487,810,487,861
Advances- domestic 292,900,843 8,565,684
Advances-Deferred expenditure 74,467,504,115
Other accounts receivable- domestic 0 975,149,163
Suspense amount arising from reconciliation with Bank of Uganda[see below]. 108,542,962,336 108,542,962,336
Total Receivables 1,479,235,478,094 1,672,908,192,216
Less provision for Suspense account with Bank of Uganda [Note 25]. (108,542,962,336) (108,542,962,336)
Less provision for bad debts in respect of privatized companies [Note15]. (6,738,099,768) (5,854,587,303)
Net Receivable 1,363,954,415,990 1,558,510,642,577

62


Receivables include amounts due from the Uganda Revenue Authority (the URA) in respect of taxes and non-tax revenues collected
but not remitted to the Consolidated Fund at the year end.
The suspense account with Bank of Uganda of Shs. 108,542,962,336 represents un-reconciled difference between records of the
Treasury and the Bank of Uganda. Also as detailed in note 17 above, a provision of Shs. 6,738,099,768 in respect of privatized
companies considered irrecoverable. Both amounts require Parliamentary approval before they can be charged to the Consolidated
Fund in accordance with the provisions of the Act.

Receivables are reconciled to Statement of Outstanding Loans issued by the Government as follows:
30 June 2004 30 June 2003

Shs. Shs.
Total receivables as above 1,479,235,478,094 1,672,908,192,216
Less: Amount due from the URA (97,022,947,717) (75,571,027,172)
Less: other accounts receivable 0
(983,714,847)

Less: Bank of Uganda suspense (108,542,962,336) (108,542,962,336)
Balance of Loans issued by Government- See Statement of Outstanding Loans issued 1,273,708,071,185 1,487,810,487,861

Note 20
Investments
Comprise investments as follows:
30 June 2004 30 June 2003

Shs. Shs.
Securities other than shares (long-term)-domestic 0 3,000,000
Shares and other equity-domestic 0 -
Financial derivatives- domestic 0 -
Securities other than shares-foreign 116,227,119,445 511,214,700,294
Deposits with IMF 496,612,986,488 496,612,986,488

Securities other than shares comprise Government of Uganda interests in East African Development Bank, African Development
Bank, and the World Bank and these are held to maturity.

Similarly, Government of Uganda has deposits with the World Bank held as investment for the purposes of debt servicing.
These investments are further analyzed as follows:

30

June 2004
Shs.
30

June 2003
Shs.
Investments held-for-trading 0 0
Investments-available-for-sale 0 0
Investments-held-to-maturity 612,840,105,933 1,007,830,686,782

Note 21
Borrowings
These comprise short borrowings to finance the Consolidated Fund, and other government entities being consolidated. These
principally comprise treasury bills, bonds and external borrowings, which have not been redeemed by the year-end.

30 June 2004 30 June 2003
Amounts
Shs
% total
borrowings
Amounts
Shs.
% total
borrowings
DOMESTIC
Currency and deposits 0 -
Securities other than shares) 1,007,584,231,748 10 914,189,456,414 8.6
Loans 1,227,341,243,593 12 1,685,334,709,065 16.1
Shares and other equity (public corporations) 0 -


63
Total domestic borrowings 2,234,925,475,341 22 2,599,524,165,479 24.7
FOREIGN
Currency deposits 0 -
Securities other shares 0 -
Loans (see below) 7,939,500,743,169 78 7,978,145,166,374 75.3
Shares and other equity (public corporations) 0 -

Total external borrowings 7,939,500,743,169 78 7,978,145,166,374 75.3

Total borrowings 10,174,426,218,510 100 10,577,669,331,853 100

Note 21 (a) .
Securities other than shares
These comprise treasury bills, bonds and promissory notes issued by Bank of Uganda on behalf of the Government of the Republic of
Uganda. These are issued within the provisions of Section 20 of the Public Finance and Accountability Act, 2003, and were for
treasury and monetary policy management purposes. These are shown below as follows:

30

June 2004
Shs.
30

June 2003
Shs.
DOMESTIC
Treasury bills 846,285,337,210 904,072,265,957
Government bonds 151,181,321,218 0
Promissory notes 10,114,530,921 10,114,148,058
Others -tax reserve certificate 3,042,399 3,042,399
TOTAL 1,007,584,231,748 914,189,456,414

Maturity dates of treasury bills are analyzed as below:

30

June 2004
Shs.
30

June 2003
Shs.
91-day bills 26,223,559,566 50,120,268,692
182-day bills 49,282,022,857 100,915,960,498
273 day bills 219,911,440,647 226,444,575,690
364-day bills 550,868,314,140 526,591,461,077
Total value of treasury bills 846,285,337,210 904,072,265,956

Note 21 (b)
Promisory notes
These promissory notes were redeemed by Bank of Uganda and the amount is to be repaid to Bank of Uganda.

Note 21 (c)
Government bonds
Government issued Treasury bonds worth 151,181,321,218 during the financial year under review. Interest will be recognized on
redemption. Treasury bonds worth 74,320,369,085 are to be redeemed after 2 years, bonds worth 45,351,858,711 will be redeemed
after 3 years, bonds worth 18,517,958,802 to be redeemed after 5 years and bonds worth 12,991,134,620 after 10 years.

Note 21 (d).
Domestic loans
Domestic loans in general represent borrowings from Bank of Ugnada, whilst foreign loans comprise borrowings from multi-lateral
organizations, foreign governments, foreign commercial banks, and foreign non-commercial institutions.


64


Domestic loans comprise the following:

30 June 2004
Shs.
% of
total
loans
30

June 2003
Shs.
% of
total
loans
DOMESTIC
Loans from commercial banks 0 0
Interest payable- on treasury bills 52,168,847,211 64,124,423,449 0.9
Others- Bank of Uganda (the central bank) 1,175,172,396,382 1,621,210,285,616 16.7
Total domestic loans 1,227,341,243,593 1,685,334,709,065 17.6

Note 21 (e).
Borrowings from Bank of Uganda, the central bank
This is an interest free bank overdraft whose repayment terms have not been finalized. The overdraft arises from deficit financing of
the past. However, the overall cash and bank balances is positive as shown in the Cash Flow Statement above.

Foreign borrowings comprise the following:

30 June 2004
Shs.
30

June 2003
Shs.
FOREIGN
Loans from Multi-lateral organizations 7,215,437,118,194 6,974,689,694,215
Loans from foreign governments -bilateral 684,897,648,763 959,486,906,335
Others missions abroad 1,301,858 149,031,583
Loans from commercial banks 37,137,975,178 41,551,954,710
Loans from commercial non banks 2,026,699,176 2,267,579,531
Total external borrowings 7,939,500,743,169 7,978,145,166,374

Note 21 (f)
Loans from multi-lateral organizations
Include borrowings from foreign governments, from international financial institutions, and from any other foreign private financial
institutions.
These loans were contracted with the African Development Bank [ADB], African Development Fund [ADF], Arab Bank for
Economic Development in Africa [BADEA], Commonwealth Development Corporation [CDC], East African Development Bank
[EADB], European Investment Bank [EIB], International Development Association [IDA], International Fund for Agricultural
Development [IFAD], International Monetary Fund [IMF], Islamic Development Bank [IDB], Organization of Petroleum Exporting
Countries [OPEC], Shelter Afrique [SA], and Nordic Development Fund [NDF].

Note 21 (f)
Loans from multi-lateral organizations
Include borrowings from foreign governments, from international financial institutions, and from any other foreign private financial
institutions.

These loans were contracted with the African Development Bank [ADB], African Development Fund [ADF], Arab Bank for
Economic Development in Africa [BADEA], Commonwealth Development Corporation [CDC], East African Development Bank
[EADB], European Investment Bank [EIB], International Development Association [IDA], International Fund for Agricultural
Development [IFAD], International Monetary Fund [IMF], Islamic Development Bank [IDB], Organization of Petroleum Exporting
Countries [OPEC], Shelter Afrique [SA], and Nordic Development Fund [NDF].

These are summarized as follows:

30 June 2004

Shs
% of
total
multi-
lateral
debt
30

June 2003

Shs.
% of
total
multi-
lateral
debt
African Development Fund 868,010,162,811 758,116,795,240 10.8
International Monetary Fund 366,284,325,098 602,947,156,536 8.7
International Development Association 5,549,563,925,916 5,242,133,622,758 74.9

65
Sub-total 6,783,858,413,825 6,603,197,574,534 94.4
Others 431,578,704,369 371,492,119,717 5.6
Total multi-lateral debts 7,215,437,118,194 6,974,689,694,251 100

Note 21 (f)
Loans from foreign governments [bi-laterals]

These are from various governments and are summarized between OECD and non-OECD countries as follows:

30 June 2004
Shs
% of
total
bi-
lateral
debt
30

June 2003
Shs.
% of
total bi-
lateral
debt
From OECD countries 132,010,006,516 269,032,569,644 28
From non-OECD countries 552,887,642,247 690,454,336,691 72
Total loans from bi-laterals 684,897,648,763 959,486,906,335 100

Note 21 (g)
Commercial loans from non-banks

These are principally from Italy, United Kingdom, Kenya, Japan, and France with Italy accounting for more than 50 % of these loans.

Note 21 (h)
Loans from Commercial banks

There was one commercial loan from a bank in the United Kingdom which was contracted in the past.
Note 21 (i)
Effective rates of interests
The effective weighted average interest rate for external borrowings at the balance sheet date were as follows:

30 June 2004

Interest rate
%
30 June 2003
Interest rate
%
From International organizations-multilateral 05-6.75 0.5-6.75
From foreign governments-bilateral 0.2-7 0.2-7
From foreign commercial banks 1.75-10 1.75-10

Note 22
Payables
These comprise committed creditors [often referred to as domestic arrears] incurred by Accounting Officers, which have not been
redeemed/cleared by the year-end.
30 June 2004 30 June 2003

Shs. Shs.
DOMESTIC PAYABLES
Accounts payables-- Prior to FY 2003/2004 200,127,729,452 71,952,315,208
Accounts payables- FY 2003/04 810,543,273 214,173,000,000
Clearing transfers from other government units 0 13,400,031,000
Miscellaneous accounts payables 9,380,190,010 6,341,746,493
Total domestic payables 305,867,092,701
FOREIGN PAYABLES 12,696,656,256
Other accounts payables 27,206,908,517 12,696,656,256
Total payables 237,525,371,252 318,563,748,957


66


Note 23
Pension liabilities
It is government policy to pay pensions to all permanent and pensionable employees of the Government in accordance with the
provisions of the Pensions Act, Cap 281. Outstanding pension liabilities have been quantified by the Ministry of Public Service and
comprise the following amounts:

30 June 2004 30 June 2003

Shs. Shs.
Former east african community 45,000,000,000 43,000,000,000
Former employees in Military Service 20,000,000,000 118,000,000,000
Revalidation pension arrears 83,560,274,062 83,000,000,000
Local government pension arrears 17,500,000,000 17,500,000,000
Gratuity arrears 12,000,000,000 11,000,000,000
Total 178,060,274,062 272,500,000,000

These liabilities are unfunded and therefore they are a charge on the Consolidated Fund. Furthermore, there has been no independent
actuarial valuation carried out to confirm the extent of the liabilities.

Note 24
The Consolidated Fund.
The Consolidated Fund is set up by the Constitution of the Republic of Uganda, 1995.

Accumulated deficits in the Consolidated Fund 30 June 2004
Shs.
30 June 2003
Shs.
At beginning of the year, I July 6,335,210,272,548 6,172,968,706,939
Adjustment relating to re-statement of external debt, on-lent loans and investments
and others
908,770,890,916 0
Accumulated deficit in the Consolidated Fund re-stated, at 1 July 7,243,981,163,464 6,172,968,706,939
Surplus for the year- see Statement of Financial Performance (364,811,321,078) 162,241,565,609
At end of the year, 30 June 6,879,169,842,386 6,335,210,272,548

Note 25
Deficit in Other Fund Reserves or other Charges.
As explained in notes 17 and 19.above, the following charges require parliamentary approval before they can be transferred as a
charge to the Consolidated Fund.

30

June 2004
Shs.
30

June 2003
Shs.
At the beginning of the year 114,397,549,639 0
Provision against Suspense account with Bank of Uganda 0 108,542,962,336
Additional provision against privatized companies 883,512,465 5,854,587,303
Total charges to the Consolidated Fund awaiting Parliamentary approval 115,281,062,104 114,397,549,639

Note 26
The Contingency Fund
The Contingency Fund is set up under the provisions of Section 10 of the Public Finance and Accountability Act, 2003 for national
emergencies effective from 1 July 2003. There was no appropriation made therefore no movement during the year.

30

June 2004
Shs.
30

June 2003
Shs.
At the beginning of the year 234,976,950 234,976,950
Additions through appropriations 0 0
Balance at the end of the year 234,976,950 234,976,950


67

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Reports and Financial Statements of the Government of the

Republic of Uganda for the year ended 30 June 2004.

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