2011 - EITI

Independent Auditor's Report
We have performed reconciliation of the "Report on the significant tax and non-tax Payments / Receipts" and "Report on the
Payments / Receipts for socially important objectives on subsoil users whose tax payments were recognized significant by NSC"
presented by Payers of oil and gas, mining sector according to the EITI requirements and Recepients’ data for 2011.
The Recipients of taxes and other obligatory payments to the budget (hereinafter - the "Recepients") were as follows:
- Tax Committee of the Ministry of Finance of the Republic of Kazakhstan - on tax and other payments to the budget except of
customs duties;
- Ministry of Finance - on tax payments to the budget;
- The Ministry of Oil and Gas of Kazakhstan - on payments made in kind.
This reconciliation was prepared based on the Memorandum of Understanding (hereinafter referred to as the “EITI MOU”) on
implementation of the «Extractive industries Transparency Initiative in the Republic of Kazakhstan» (hereinafter referred to as
the EITI) dated 5 October 2005, signed by Government of the Republic of Kazakhstan the deputies of Parliament RK, companies
operating in extractive industries of the Republic of Kazakhstan, non-government organizations and Ministry of Energy and
Mineral Resources of the Republic of Kazakhstan, and based on agreement № 77 of 20 July 2012 with the National Center for
State geological information "Kazgeoinform" of the Committee of Geology and Subsoil Use of the Republic of Kazakhstan
This reconciliation was performed in compliance with the International Auditing Standards (IAS), applicable to related services
(MSSSU 4400 «Agreements on agreed procedures in relation to financial information»). Agreement on the implementation of
agreed-upon procedures is included examining, data analysis and comparison of them with primary documents, data of personal
accounts of taxpayers, Receients’s reports, currency conversion, according to which we have planned and conducted the audit to
obtain sufficient information and evidence to express an opinion on the audit objectives.
The purpose of the audit is ensuring the completeness, accuracy and accessibility of information on Payments / Receipts to the
state from the extractive industries in 2011 in connection with the implementation of the EITI in Kazakhstan.
The information for reconciliation included reports presented by Payers signed the MOU EITI, and Payers producing
hydrocarbon crude whose annual payments to the budget is more than 30 million tenge, extracting solid minerals whose annual
payments to the budget exceeds 15 million tenge and Recepient’s Reports, and the supporting information to the reports. The
Payers perform fulfillment of tax obligations to pay taxes and other obligatory payments to the budget in accordance with the
Code "About taxes and other obligatory payments to the budget" and subsoil use contracts concluded with the Government of
RoK.
The head or representative of the Payer or appropriate delegate who has the authority of signatures as well as head of the finance
and economics department are responsible for the quality and fair presentation of the information of Taxpayer. Head of the
Authorized body/or the organization shall be responsible for quality and reliability of information.
An audit includes examining on a test basis of evidence that supporting the reconciliation of the “Report on significant tax and
non-tax payments / receipts”, "Report on Payments / Receipts on socially important objectives for subsoil users whose tax
payments were recognized significant by NSC" submitted by Payers and Recepients’ data.