3.3  Strategic Grain Reserve (SGR)  125. Botswana Bureau of Standards  2.0 Accounts 2.1 Audit Opinion The auditors noted, as in the previous year, that the contractual  stock holding levels for grains were not met as at year-end. According to the contract with SGR the contract stock quantities  should be maintained as follows The auditors highlighted this non-compliance with the agreement by the government through the parent ministry and  recommended that management should actively review and  ensure compliance with agreement. In response, management stated that the SGR funds had been  depleted and the Government had been informed that they  needed to replenish the funds with P234 million in order to keep  the SGR stock at the required levels. Management further stated  that Government had indicated that they had no funds. The  funds had been included in the Ministry’s proposed budget for  2019/20.  The financial statements of Botswana Bureau of Standards for the  financial year ended 31 March 2018 were audited by Messrs Mazars,  Certified Auditors, who were appointed by the Board.  In the opinion of the auditors:  The financial statements presented fairly, in all material respects,  the financial position of Botswana Bureau of Standards as at 31 March 2018, and of its financial performance and cash flows for  the year then ended, in accordance with International Financial  Reporting Standards.  107  Product  Minimum  Quantity per Contract (Mt)  Actual  Holdings (Mt)  Compliance  With  Contract  Sorghum  10 000  30 000  Yes  Beans/cowpeas 2 000  1997  No  Maize  5 Nil 