The SAO audited the Fuel Combine Ústí and its management: serious errors were not found
Press Release – January 6, 2014
The Supreme Audit Office (SAO) scrutinized the state enterprise Fuel Combine Ústí and its management within the audited period 2010–2012. The Fuel Combine Ústí aims at complex revitalizations of former mines and at effacing the impacts of mining activities. The Enterprise also liquidates old ecological burdens in previous oil and natural gas extraction sites in South Moravia. For example, mining localities Ležáky and Kohinoor, Kladno mines, and Eastern Bohemian coal mines come under the Fuel Combine Ústí, which was administering 534 main mining locations by the end of 2012.
Auditors scrutinized assets and liabilities in the amount of CZK 1,500 million. The Fuel Combine Ústí violated the Cadastre Act when failed to inform about changes to data about some of their buildings and constructions. In 2010, the cadastre did not have records about 58 buildings and constructions, while 32 buildings and constructions were not recorded in the cadastre in 2011, and 26 buildings and constructions were omitted in the cadastre in 2012. The buildings and constructions were mostly intended for demolitions.
Auditors also concluded that the Fuel Combine Ústí violated the Accounting Act when failed to ascertain the actual state of its assets through inventorying. In 2010 and 2011, assets in the amount of CZK 11 million were omitted in the inventorying records. The assets were put in the appropriate accounts in the following accounting periods when traced back during some non-scheduled inventorying. The Fuel Combine Ústí made errors in financial statements for all the audited accounting years as their appendices omitted some obligatory information.
For further details about auditing operation No. 13/05 (in Czech only), see the following link: http://www.nku.cz/assets/media/informace-13-05.pdf (pdf 379 kB).
Communication Department
Supreme Audit Office