Table 3: A&A Requirements in Top 10 SOEs with Largest Asset Size Thousands MDL A&A requirements Availability State of the Managing Entity Sector share Total Total financial Authority Accounting Audit % assets Revenue statements 1. JSC Banca de Ministry of Banking 56 5,841,010 666,003 IFRS Mandatory Yes Economii (PIE) Finance Public 2. JSC Telecommunication 100 5,445,160 2,238,624 NAS Mandatory No Property Moldtelecom Agency Not Ministry of 3. SE Administratia required by Transport and de Stat a Road infrastructure 100 3,821,397 59,677 NAS No Law. Done Road Drumurilor for 2011. Infrastructure 4. JSC Centrala Not Electricity Ministry of electrica cu 100 3,101,095 1,493,413 NAS required by No generation Economy termoficare nr.2 Law Ministry of Not 5. SE Calea Ferata Transport and Railways 100 2,609,169 1,281,826 NAS required by No din Moldova Road Law Infrastructure Not Electricity sector Ministry of 6. SE Moldelectrica 100 2,252,589 298,490 NAS required by No transmission Economy Law
Table 3: A&A Requirements in Top 10 SOEs with Largest Asset Size Entity Sector State share % Thousands MDL A&A requirements Availability of the financial statements Managing Authority Total assets Total Revenue Accounting Audit 1. JSC Banca de Economii (PIE) Banking 56 5,841,010 666,003 IFRS Mandatory Yes Ministry of Finance 2. JSC Moldtelecom Telecommunication 100 5,445,160 2,238,624 NAS Mandatory No Public Property Agency 3. SE Administratia de Stat a Drumurilor Road infrastructure 100 3,821,397 59,677 NAS Not required by Law. Done for 2011. No Ministry of Transport and Road Infrastructure 4. JSC Centrala electrica cu termoficare nr.2 Electricity generation 100 3,101,095 1,493,413 NAS Not required by Law No Ministry of Economy 5. SE Calea Ferata din Moldova Railways 100 2,609,169 1,281,826 NAS Not required by Law No Ministry of Transport and Road Infrastructure 6. SE Moldelectrica Electricity sector transmission 100 2,252,589 298,490 NAS Not required by Law No Ministry of Economy
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