AFAQ FOR ENERGY CO. P.L.C

To: Jordan Securities Commission,

ﺔﻴﻟﺎﻤﻟﺍ ﻕﺍﺭﻭﻻﺍ ﺔﺌﻴﻫ ﺓﺩﺎﺴﻟﺍ

Amman Stock Exchange

ﻥﺎﻤﻋ ﺔﺻﺭﻮﺑ ﺓﺩﺎﺴﻟﺍ

Company's Name: AFAQ FOR ENERGY CO. P.L.C

ﺔﻗﺎﻄﻠﻟ ﻕﺎﻓﺁ :ﺔﻛﺮﺸﻟﺍ ﻢﺳﺍ

Date: 25-07-2023 10:14:41 AM

AM 10:14:41 2023-07-25 :ﺦﻳﺭﺎﺘﻟﺍ

Subject: Opinion Company

ﻖﻴﻗﺪﺘﻟﺍ ﺔﻛﺮﺸﻟ ﻆﻔﺤﺘﻤﻟﺍ ﻱﺃﺮﻟﺍ ﻰﻠﻋ ﺔﻛﺮﺸﻟﺍ ﺩﺭ :ﻉﻮﺿﻮﻤﻟﺍ

ﻲﺟﺭﺎﺨﻟﺍ

In response to the conservative opinion contained in the

ﻡﺎﻌﻠﻟ ﺔﻴﻟﺎﻤﻟﺍ ﻢﺋﺍﻮﻘﻟﺍ ﻲﻓ ﺩﺭﺍﻮﻟﺍ ﻆﻔﺤﺘﻤﻟﺍ ﻱﺍﺮﻟﺍ ﺱﺎﺳﺃ ﻰﻠﻋ ﺍﺩﺭ

financial statements for the year ending 2022 related to

ﻲﻟﻭﺪﻟﺍ ﺔﻴﻟﺎﻤﻟﺍ ﺮﻳﺭﺎﻘﺘﻟﺍ ﺭﺎﻴﻌﻣ ﻖﻴﺒﻄﺘﺑ ﻖﻠﻌﺘﻤﻟﺍﻭ 2022 ﻲﻬﺘﻨﻤﻟﺍ

the application of International Financial Reporting

ﺮﻴﻳﺎﻌﻤﻟﺍ ﺔﻓﺎﻛ ﻖﻴﺒﻄﺘﺑ ﺔﻣﺰﺘﻠﻣ ﺔﻗﺎﻄﻠﻟ ﻕﺎﻓﺁ ﺔﻛﺮﺷ ﻥﺎﻓ 9 ﻢﻗﺭ

Standard No. 9, Afaq Energy Company is committed to

ﻲﻓ ﺮﻬﻈﻳ ﻪﻘﻴﺒﻄﺗ ﺱﺎﻜﻌﻧﺍ ﻥﺎﻛﻭ 9 ﻢﻗﺭ ﺭﺎﻴﻌﻤﻟﺍ ﺎﻬﻴﻓ ﺎﻤﺑ ﺔﻴﻟﻭﺪﻟﺍ

applying all international standards, including Standard

ﺏﺎﺴﺣ ﻰﻠﻋ ﺔﻛﺮﺤﻟﺍ ﻞﻴﺻﺎﻔﺗ ﺪﻨﺑ ﺖﺤﺗ 10 ﻢﻗﺭ ﺡﺎﻀﻳﻻﺍ

No. 9, and the reflection of its application appears in Note

ﻎﻠﺒﻤﺑ ﻩﺪﻴﺻﺭ ﻊﻔﺗﺭﺍ ﺚﻴﺣ ﺔﻌﻗﻮﺘﻣ ﺔﻴﻧﺎﻤﺘﺋﺍ ﺮﺋﺎﺴﺧ ﺺﺼﺨﻣ

No. 10 under the item Details of the movement on the

ﻦﻣ % 5 ﻎﻠﺑ ﻪﻧﺍ ﻱﺍ ﺭﺎﻨﻳﺩ 4,335,766 ﺢﺒﺼﻴﻟ ﺭﺎﻨﻳﺩ 1000,000

expected credit losses provision account, as its balance

ﺔﻋﻮﻤﺠﻣ ﻚﻟﺎﻤﻟﺍ ﺀﺎﻨﺜﺘﺳﺎﺑ ﺔﻗﻼﻋ ﺕﺍﺫ ﺕﺎﻛﺮﺸﻟﺍ ﺓﺪﺻﺭﺍ

increased by 1,000,000 dinars to become 4,335,766

ﺔﻳﻮﻨﺴﻟﺍ ﺡﺎﺑﺭﻻﺍ ﺕﺎﻌﻳﺯﻮﺘﺑ ﻥﻮﻤﻀﻣ ﺎﻫﺪﻴﺻﺭ ﻥﺍ ﺚﻴﺣ ﺮﻴﺻﺎﻨﻤﻟﺍ

dinars, meaning that it amounted to 5% of the balances of

ﺔﻗﻼﻋ ﺕﺍﺫ ﺕﺎﻬﺟ ﻦﻣ ﻢﻣﺬﻟﺍ ﺔﺳﺍﺭﺩ ﺕﺎﻴﻄﻌﻣ ﺐﺴﺣﻭ ، ﺔﻛﺮﺸﻠﻟ

related companies, except for the owner, Manaseer

ﺔﻴﻓﺎﻛ ﺔﺒﺴﻧ ﺔﻗﻼﻋ ﺕﺍﺫ ﻢﻣﺫ ﻲﻟﺎﻤﺟﻻ ﺔﺒﺴﻧ ﺺﺼﺨﻤﻟﺍ ﺔﻤﻴﻗ ﻥﺎﻓ

Group, as he Its balance is guaranteed by the company's

annual profit distributions, and according to the data of

the receivables study from related parties, the value of the

provision is a percentage of the total related receivables, a

sufficient percentage

31-12-2022

31-12-2022

Please accept our sincere thanks and appreciation.

.ﻡﺍﺮﺘﺣﻻﺍ ﻖﺋﺎﻓ ﻝﻮﺒﻘﺑ ﺍﻮﻠﻀﻔﺗﻭ

Chairman of Board of Directors

ﺓﺭﺍﺩﻹﺍ ﺲﻠﺠﻣ ﺲﻴﺋﺭ

User Name: mahmoud samhan

mahmoud samhan :ﻡﺪﺨﺘﺴﻤﻟﺍ ﻢﺳﺍ

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AFAQ for Energy Co. PSC published this content on 25 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 July 2023 07:36:03 UTC.