Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

Decision of the Council of Ministers

•Memoranda of the Case:
•Decision Number 3527 for the year 2024
•Decision Number 3528 for the year 2024
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

Decision of the Prime Minister

Number 3527 for the Year 2024
Amending Certain Provisions of Egyptian Accounting Standards
The Prime Minister,
After reviewing the Constitution; And Law No. 159 of 1981 on Joint Stock Companies, Limited Liability Companies, and One-
Person Companies and its executive regulations; and Law No. 95 of 1992 on the Capital Market and its executive regulations;
and Law No. 10 of 2009 on Regulating Oversight of Markets and Non-Banking Financial Instruments;

And Presidential Decree No. 258 of 2024 forming the Ministry; and Presidential Decree No. 304 of 2024 delegating certain
powers to the Prime Minister; and Decision of the Prime Minister No. 2115 of 2023 regarding the reconstitution of the Permanent
Committee for Egyptian Accounting Standards and Egyptian Standards for Review and Limited Audit and other assurance
engagements; and Decision of the Minister of Investment No. 110 of 2015 concerning Egyptian Accounting Standards;

And upon the presentation of the Chairman of the Board of Directors of the General Authority for Financial Supervision;
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

Decision of the Prime Ministers

Number 3527 for the Year 2024
Amending Certain Provisions of Egyptian Accounting Standards

Article One:
A new standard numbered "51" entitled "Financial Statements in Hyperinflationary Economies," attached to this decision, shall
be added to the Egyptian Accounting Standards referred to herein.

Article Two:
This decision shall be published in the Official Gazette and shall come into force on the day following the date of its
publication.

Issued by the Prime Minister on 20 Rabi' al-Akhir 1446 AH (corresponding to 23 October 2024 AD).

Prime Minister
Dr. Mustafa Kamal Madbouly
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

Egyptian Accounting Standard (EAS) 51

Financial Statements in Hyperinflationary Economies.

• Scope
• Adjusting the Financial Statements
• General Price Index Selection
• Financial Statements
• Statement of Financial Position (Balance Sheet)
• Equity
• Income Statement and Statement of Comprehensive Income
• Gain or Losses on net Monetary Position
• Taxes
• Statement of Cash Flows
• Comparative Figures
• Consolidated Financial Statements
• Cessation of Classification of an Economy as Hyperinflationary
• Practical Expedients
• Disclosure
• Effective Date
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• Scope
This standard shall be applied to the financial statements, including consolidated financial statements, ‫ ﻷﻱ ﻜﻴﺎﻥ ﺃﻭ ﻤﻨﺸﺄﺓ ﺘﻜﻭﻥ ﻋﻤﻠﺔ ﺍﻟﻘﻴﺩ ﺍﻟﺨﺎﺼﺔ ﺒﻬﺎ ﻓﻲ‬، ‫ ﺒﻤﺎ ﻓﻲ ﺫﻟﻙ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﻤﺠﻤﻌﺔ‬، ‫ﻴﺠﺏ ﺘﻁﺒﻴﻕ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻋﻠﻰ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ‬
of any entity whose functional currency is in a hyperinflationary economy. ‫ﺍﻗﺘﺼﺎﺩ ﺫﻱ ﺘﻀﺨﻡ ﻤﻔﺭﻁ‬

This standard shall be applied to the financial statements, including separate and individual financial ‫ ﻷﻱ ﻤﻨﺸﺄﺓ ﺘﻜﻭﻥ ﻋﻤﻠﺔ ﺍﻟﻘﻴﺩ ﺍﻟﺨﺎﺼﺔ ﺒﻬﺎ ﻓﻲ ﺍﻗﺘـﺼﺎﺩ‬، ‫ ﺒﻤﺎ ﻓﻲ ﺫﻟﻙ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴـﺔ ﺍﻟﻤـﺴﺘﻘﻠﺔ ﻭﺍﻟﻤﻨﻔﺭﺩﺓ‬، ‫ﻴﻁﺒﻕ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻋﻠﻰ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ‬
statements, of any entity whose functional currency is in a hyperinflationary economy. This standard ‫ ﺃﻭ‬، ‫ ﺃﻭ ﺸﺭﻜﺔ ﺘﺎﺒﻌﺔ ﺃﻭ ﺸﺭﻜﺔ ﺸﻘﻴﻘﺔ‬، ‫ﺫﻱ ﺘـﻀﺨﻡ ﻤﻔﺭﻁ ﻜﻤﺎ ﻴﻁﺒﻕ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻋﻠﻰ ﺃﻱ ﻤﺠﻤﻭﻋﺔ ﻟﺩﻴﻬﺎ ﻋﻤﻠﻴﺔ ﺃﺠﻨﺒﻴﺔ )ﺒﻤﺎ ﻓﻲ ﺫﻟﻙ ﻓﺭﻉ‬
shall also be applied to any group that has a foreign operation (including a branch, subsidiary, . ‫ ﺃﻭ ﻏﻴﺭﻫﺎ( ﻓﻲﺍﻗﺘﺼﺎﺩ ﺫﻱ ﺘﻀﺨﻡ ﻤﻔﺭﻁ‬، ‫ﻤﺸﺭﻭﻉ ﻤﺸﺘﺭﻙ‬
associate, joint venture, or other) in a hyperinflationary economy

This standard requires the adjustment of financial statements prepared in the currency of a ‫ ﻭﺒﻬﺩﻑ ﺘﻭﻓﻴﺭ ﻤﻌﻠﻭﻤﺎﺕ ﻤﻔﻴﺩﺓ ﺤﻭل ﺍﻟﻭﻀـﻊ ﺍﻟﻤـﺎﻟﻲ‬، ‫ ﻴﺘﻁﻠﺏ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﺘﻌﺩﻴل ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﻤﻌﺩﺓ ﺒﻌﻤﻠﺔ ﺍﻗﺘﺼﺎﺩ ﺫﻱ ﺘﻀﺨﻡ ﻤﻔـﺭﻁ‬٣
hyperinflationary economy, with the objective of providing useful information about the financial ‫ ﻭﺍﻟﺘﻐﻴﺭﺍﺕ ﻓﻲ ﻭﻀﻌﻬﺎ ﺍﻟﻤﺎﻟﻲ ﻟﻤﺠﻤﻭﻋﺔ ﻭﺍﺴﻌﺔ ﻤﻥ ﺍﻟﻤﺴﺘﺨﺩﻤﻴﻥ ﻻﺘﺨﺎﺫ ﻗﺭﺍﺭﺍﺕﺍﻗﺘﺼﺎﺩﻴﺔ ﺒﻨﺎﺀ ﻋﻠﻰ ﻋﺭﺽ ﻋﺎﺩل ﻟﻠﻘﻭﺍﺌﻡ‬، ‫ ﻭﺃﺩﺍﺌﻬـﺎ‬، ‫ﻟﻠﻤﻨـﺸﺄﺓ‬
position, performance, and changes in the financial position of the entity to a wide range of users for ‫ﺍﻟﻤﺎﻟﻴﺔ‬
making economic decisions based on a fair presentation of the financial statements.
‫) ﺒﻭﺤﺩﺓ ﻗﻴﺎﺱ ﺠﺎﺭﻴﺔ ﻓﻲ ﺘﺎﺭﻴﺦ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺘﻭﻓﺭ ﻋﺩﺓ ﻓﻭﺍﺌﺩ‬٥١( ‫ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﺘﻲ ﻴﺘﻡ ﺍﻟﺘﻌﺒﻴﺭ ﻋﻨﻬﺎ ﻭﻓﻘﺎ ﻟﻤﻌﻴﺎﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬
Financial statements expressed in accordance with Egyptian Accounting Standard No. 51, in a current ‫ﻟﻠﻤﺴﺘﺨﺩﻤﻴﻥ‬
measurement unit at the date of the financial statements, provide several benefits to users:
(a) They provide comparable information from period to period for management, shareholders, and ‫ ﺘﺘﻌﻠﻕ ﺒﺎﻟﻨﺘﺎﺌﺞ ﺍﻷﺴﺎﺴﻴﺔ ﻟﻠﻌﻤﻠﻴﺎﺕ‬، ‫( ﺃ) ﺘﻭﻓﺭ ﻤﻌﻠﻭﻤﺎﺕ ﻗﺎﺒﻠﺔ ﻟﻠﻤﻘﺎﺭﻨﺔ ﻤﻥ ﻓﺘﺭﺓ ﺇﻟﻰ ﻓﺘﺭﺓ ﻟـﻺﺩﺍﺭﺓ ﻭﺍﻟﻤـﺴﺎﻫﻤﻴﻥ ﻭﻏﻴﺭﻫﻡ ﻤﻥ ﺍﻟﻤﺴﺘﺨﺩﻤﻴﻥ‬
other users regarding the basic results of operations, the preservation of capital, and performance ‫ ﻭﻤﺅﺸﺭﺍﺕ ﺍﻷﺩﺍﺀ‬، ‫ﻭﺍﻟﺤﻔﺎﻅ ﻋﻠﻰ ﺭﺃﺱ ﺍﻟﻤﺎل‬
indicators.
(b) The presentation of financial statements in a more appropriate manner enables management to . ‫(ﺏ) ﻋﺭﺽ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺒﺼﻭﺭﺓ ﺃﻜﺜﺭ ﻤﻼﺌﻤﺔ ﺤﺘﻰ ﺘﺘﻤﻜﻥ ﺍﻹﺩﺍﺭﺓ ﻤﻥ ﺍﺘﺨﺎﺫ ﻗﺭﺍﺭﺍﺕ ﺃﻜﺜﺭ ﻤﻭﺜﻭﻗﻴﺔ ﺒﺸﺄﻥ ﺨﻁﻁ ﺍﻹﻨﻔﺎﻕ ﺍﻟﺭﺃﺴﻤﺎﻟﻲ‬
make more reliable decisions regarding capital investment plans.

(c) Financial statements become comparable to other entities in the same industry, regardless of . ‫ ﺒﻐﺽ ﺍﻟﻨﻅﺭ ﻋﻥ ﺍﻟﻤﻭﻗﻊ ﺍﻟﺠﻐﺭﺍﻓﻲ ﺃﻭ ﺍﻟﺒﻴﺌﺔ ﺍﻻﻗﺘﺼﺎﺩﻴﺔ‬، ‫( ﺝ) ﺘﺼﺒﺢ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻗﺎﺒﻠﺔ ﻟﻠﻤﻘﺎﺭﻨﺔ ﻤﻊ ﺍﻟﻤﻨﺸﺂﺕ ﺍﻷﺨﺭﻯ ﻓﻲ ﻨﻔﺱ ﺍﻟـﺼﻨﺎﻋﺔ‬
geographic location or economic environment.
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• Scope
This standard does not specify a specific rate at which an economy is classified as hyperinflationary. The ‫ ﻭﻴﺘﻡ ﺩﺭﺍﺴﺔ ﺘﺼﻨﻴﻑ ﺍﻟﻤﻌﺎﻤﻼﺕ ﺍﻻﻗﺘﺼﺎﺩﻴﺔ ﺒﺄﻨﻬﺎ ﺘﺘﺴﻡ ﺒﺘﻀﺨﻡ‬، ‫ ﻻ ﻴﺤﺩﺩ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻤﻌﺩل ﻤﻁﻠﻕ ﻴﺼﻨﻑ ﻋﻨﺩﻩ ﺃﻥ ﺍﻻﻗﺘﺼﺎﺩ ﺫﻭ ﺘﻀﺨﻡ ﻤﻔﺭﻁ‬-
classification of economic transactions as hyperinflationary is determined by studying the characteristics : ‫ ﻋﻠﻰ‬- ‫ ﻭﻟﻜﻥ ﻻ ﺘﻘﺘﺼﺭ‬- ‫ ﻭﺍﻟﺘﻲ ﺘﺘﻀﻤﻥ‬، ‫ﻤﻔﺭﻁ ﻤﻥ ﺨﻼل ﺨﺼﺎﺌﺹ ﺍﻟﺒﻴﺌﺔ ﺍﻻﻗﺘﺼﺎﺩﻴﺔ‬
of the economic environment, which include, but are not limited to:
"Most individuals prefer to hold their wealth in non-monetary assets or in relatively stable foreign ‫ ﻭﻴﺘﻡ ﻋﺎﺩﺓ ﺍﺴﺘﺜﻤﺎﺭ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﺤﺘﻔﻅ‬. ‫( ﺃ ) ﺘﻔﻀﻴل ﻤﻌﻅﻡ ﺍﻟﺴﻜﺎﻥ ﺍﻻﺤﺘﻔﺎﻅ ﺒﺜـﺭﻭﺍﺘﻬﻡ ﻓـﻲ ﺃﺼـﻭل ﻏﻴـﺭ ﻨﻘﺩﻴـﺔ ﺃﻭ ﻓﻲ ﻋﻤﻠﺔ ﺃﺠﻨﺒﻴﺔ ﻤﺴﺘﻘﺭﺓ ﻨﺴﺒﻴﺎ‬
currencies. Typically, amounts held in the local currency are immediately invested to preserve purchasing ‫ﺒﻬﺎ ﺒﺎﻟﻌﻤﻠﺔ ﺍﻟﻤﺤﻠﻴﺔ ﻋﻠﻰ ﺍﻟﻔﻭﺭ ﻟﻠﺤﻔﺎﻅ ﻋﻠﻰ ﺍﻟﻘﻭﺓ ﺍﻟﺸﺭﺍﺌﻴﺔ‬
power."
b) Most individuals measure the amounts of local currency in terms of a relatively stable foreign currency, ‫ ﻭﻗﺩ ﻴﺘﻡ ﺍﻹﻋﻼﻥ ﻋﻥ ﺍﻷﺴﻌﺎﺭ ﺒﺘﻠﻙ ﺍﻟﻌﻤﻠﺔ‬، ‫(ﺏ) ﻴﻘﻴﺱ ﻋﻤﻭﻡ ﺍﻟﺴﻜﺎﻥ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻨﻘﺩﻴﺔ ﺒﺎﻟﻌﻤﻠﺔ ﺍﻟﻤﺤﻠﻴﺔ ﺒﺎﻟﻤﻌﺎﺩل ﻟﻌﻤﻠﺔ ﺃﺠﻨﺒﻴـﺔ ﻤﺴﺘﻘﺭﺓ ﻨﺴﺒﻴﺎ‬
and prices may be quoted in that foreign currency; ‫ﺍﻷﺠﻨﺒﻴﺔ ؛‬
c) Future sales and purchases are made at prices that compensate for the expected loss in purchasing ‫ ﺤﺘﻰ ﻭﻟﻭ ﻜﺎﻨﺕ‬، ‫(ﺝ) ﺘﺘﻡ ﺍﻟﻤﺒﻴﻌﺎﺕ ﻭﺍﻟﻤﺸﺘﺭﻴﺎﺕ ﺍﻵﺠﻠﺔ ﺒﺎﻷﺴﻌﺎﺭ ﺍﻟﺘـﻲ ﺘﻌـﻭﺽ ﺍﻟﺨـﺴﺎﺭﺓ ﺍﻟﻤﺘﻭﻗﻌـﺔ ﻻﻨﺨﻔﺎﺽ ﺍﻟﻘﻭﺓ ﺍﻟﺸﺭﺍﺌﻴﺔ ﺨﻼل ﻓﺘﺭﺓ ﺍﻻﺌﺘﻤﺎﻥ‬
power during the credit period, even if the period is short; ‫ﺍﻟﻔﺘﺭﺓ ﻗﺼﻴﺭﺓ ؛‬
d) Interest rates, wages, and prices are linked to a price index; ‫ ﻭﺍﻷﺠﻭﺭ ﻭﺍﻷﺴﻌﺎﺭ ﺒﻤﺅﺸﺭ ﻟﻸﺴﻌﺎﺭ ؛‬، ‫(ﺩ) ﻴﺘﻡ ﺭﺒﻁ ﻤﻌﺩﻻﺕ ﺍﻟﻔﺎﺌﺩﺓ‬
e) The cumulative inflation rate over the three years preceding the date of classification of the economy is . ‫ ﺃﻭ ﺃﻜﺜﺭ‬، ٪١٠٠ ‫(ﻫ) ﻴﻘﺎﺭﺏ ﻤﻌﺩل ﺍﻟﺘﻀﺨﻡ ﺍﻟﺘﺭﺍﻜﻤﻲ ﻋﻠﻰ ﻤﺩﺍﺭ ﺜﻼﺙ ﺴﻨﻭﺍﺕ ﺴـﺎﺒﻘﺔ ﻟﺘـﺎﺭﻴﺦ ﺘﺼﻨﻴﻑ ﺍﻻﻗﺘﺼﺎﺩ ﻨﺴﺒﺔ‬
approximately 100% or more.
A decision is issued by the Prime Minister or his authorized representative to determine the beginning and ‫ﻴﺼﺩﺭ ﻗﺭﺍﺭ ﻤﻥ ﺭﺌﻴﺱ ﻤﺠﻠﺱ ﺍﻟﻭﺯﺭﺍﺀ ﺃﻭ ﻤﻤﻥ ﻴﻔﻭﻀﻪ ﺒﺘﺤﺩﻴﺩ ﺘـﺎﺭﻴﺦ ﺒﺩﺍﻴـﺔ ﻭﻨﻬﺎﻴﺔ ﺍﻟﻔﺘﺭﺓ ﺃﻭ ﺍﻟﻔﺘﺭﺍﺕ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﺘﻲ ﻴﺠﺏ ﺘﻁﺒﻴﻕ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ‬
end dates of the financial period(s) during which this standard must be applied when the functional : ‫ﺨﻼﻟﻬﺎ ﻋﻨـﺩﻤﺎ ﺘﻜﻭﻥ ﻋﻤﻠﺔ ﺍﻟﻘﻴﺩ ﻫﻲ ﺍﻟﻌﻤﻠﺔ ﺍﻟﻤﺤﻠﻴﺔ ﻤﻊ ﻤﺭﺍﻋﺎﺓ ﻤﺎ ﻴﻠﻲ‬
currency is the local currency, taking into account the following:

a) This standard shall be applied to the entity's financial statements from the beginning of the financial ، ‫( ﺃ ) ﺃﻥ ﻴﻁﺒﻕ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻋﻠﻰ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻟﻠﻤﻨﺸﺄﺓ ﺍﻋﺘﺒـﺎرا ﻤـﻥ ﺒﺩﺍﻴـﺔ ﺍﻟﻔﺘـﺭﺓ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﺘﻲ ﺼﻨﻑ ﻓﻴﻬﺎ ﺍﻻﻗﺘﺼﺎﺩ ﺃﻨﻪ ﻨﻭ ﺘﻀﺨﻡ ﻤﻔﺭﻁ‬
period in which the economy was classified as hyperinflationary, and comparative figures presented in the . ‫ﻭﻴﺠﺏ ﺘﻌـﺩﻴل ﺃﺭﻗـﺎﻡ ﺍﻟﻤﻘﺎﺭﻨﺔ ﺍﻟﻤﻌﺭﻭﻀﺔ ﻓﻲ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺒﺄﺜﺭ ﺘﻁﺒﻴﻕ ﻤﺘﻁﻠﺒﺎﺕ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ‬
financial statements shall be adjusted for the effects of applying the requirements of this standard.

b) Notwithstanding the requirements of paragraph 39 of Egyptian Accounting Standard No. (1), ‫ ﻴﺘﻡ ﺍﺴﺘﺨﺩﺍﻡ ﺍﻟﺘﻘﺩﻴﺭ ﺍﻟﺸﺨﺼﻲ ﻋﻨﺩ ﺘﻁﺒﻴﻕ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻋﻨﺩ‬، )١( ‫" ﻤﻥ ﻤﻌﻴﺎﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬٣٩" ‫(ﺏ) ﺍﺴﺘﺜﻨﺎﺀ ﻤﻥ ﻤﺘﻁﻠﺒﺎﺕ ﺍﻟﻔﻘﺭﺓ‬
professional judgment shall be used in applying this standard when accounting for a foreign operation . ‫ ﻟﺘﺤﺩﻴﺩ ﻤﺎ ﺇﺫﺍ ﻜﺎﻥ ﺍﻻﻗﺘﺼﺎﺩ ﺫﻱ ﺘﻀﺨﻡ ﻤﻔﺭﻁ‬، (‫ ﺃﻭ ﻤـﺸﺭﻭﻉ ﻤﺸﺘﺭﻙ‬، ‫ ﺃﻭ ﺸﺭﻜﺔ ﺘﺎﺒﻌﺔ ﺃﻭ ﺸﺭﻜﺔ ﺸﻘﻴﻘﺔ‬، ‫ﺍﻟﻤﺤﺎﺴﺒﺔ ﻋﻥ ﻋﻤﻠﻴﺔ ﺃﺠﻨﺒﻴﺔ ﻤﺜل ﻓﺭﻉ‬
such as a branch, subsidiary, associate, or joint venture to determine whether the economy is
hyperinflationary.
c) This standard shall be applied to all entities whose functional currency is the currency in which the ‫(ﺝ) ﻴﺠﺏ ﺘﻁﺒﻴﻕ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻋﻠﻰ ﺠﻤﻴﻊ ﺍﻟﻤﻨﺸﺂﺕ ﺍﻟﺘﻲ ﺘﻜﻭﻥ ﻋﻤﻠﺔ ﺍﻟﻘﻴﺩ ﻟﻬﺎ ﻫﻲ ﺘﻠﻙ ﺍﻟﻌﻤﻠﺔ ﺍﻟﺘﻲ ﺘﻡ ﺘﺼﻨﻴﻑ ﺍﻻﻗﺘﺼﺎﺩ ﺒﻬﺎ ﺃﻨﻪ ﺫﻭ ﺘﻀﺨﻡ ﻤﻔﺭﻁ‬
economy was classified as hyperinflationary.
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• Adjusting the Financial Statements

Prices change as a result of political, economic, and social factors, and two phenomena must be distinguished: : ‫ ﻭﻴﺠﺏ ﺍﻟﺘﻤﻴﻴﺯﺒﻴﻥ ﻅﺎﻫﺭﺘﻴﻥ‬، ‫ ﻭﺍﺠﺘﻤﺎﻋﻴﺔ‬، ‫ﺘﺘﻐﻴﺭ ﺍﻷﺴﻌﺎﺭ ﻨﺘﻴﺠﺔ ﻟﻌﻭﺍﻤل ﺴﻴﺎﺴﻴﺔ ﻭﺍﻗﺘﺼﺎﺩﻴﺔ‬

a-"Specific influence factors such as changes in supply and demand, and technological advancements that can lead ‫ ﻭﺍﻟﺘﻐﻴﺭﺍﺕ ﺍﻟﺘﻜﻨﻭﻟﻭﺠﻴﺔ ﺍﻟﺘﻲ ﻗﺩ ﺘﺅﺩﻱ ﺇﻟﻰ ﺯﻴﺎﺩﺓ ﺃﻭ ﺍﻨﺨﻔﺎﺽ ﺃﺴﻌﺎﺭ ﺍﻟﺴلع و الخدمات صوره‬، ‫( ﺃ ( ﻋﻭﺍﻤل ﺍﻟﺘﺄﺜﻴﺭ ﺍﻟﺨﺎﺼـﺔ ﻤﺜـل ﺍﻟﺘﻐﻴـﺭﺍﺕ ﻓـﻲ ﺍﻟﻌـﺭﺽ ﻭﺍﻟﻁﻠـﺏ‬
to increases or decreases in the prices of goods and services, independently and individually (specific price ) ‫فرديه و بشكل مستقل عن بعضها البعض ( التغيرات السعريه المحددة‬
changes)."
Factors Affecting the General Price Level and Subsequent Decrease in the General Purchasing Power of Money ‫(ﺏ( ﻋﻭﺍﻤل ﺍﻟﺘﺄﺜﻴﺭ ﺍﻟﻌﺎﻤﺔ ﺍﻟﺘﻲ ﻗﺩ ﺘﺅﺩﻱ ﺇﻟﻰ ﺘﻐﻴﺭﺍﺕ ﻜﺒﻴﺭﺓ ﻓﻲ ﺍﻟﻤﺴﺘﻭﻯ ﺍﻟﻌﺎﻡ ﻟﻸﺴﻌﺎﺭ ﻭﺒﺎﻟﺘﺎﻟﻲ ﺘﺅﺩﻯ ﺇﻟﻰ ﺍﻨﺨﻔﺎﺽ ﻤﻠﺤﻭﻅ ﻓﻲ ﺍﻟﻘﻭﺓ ﺍﻟـﺸﺭﺍﺌﻴﺔ ﺍﻟﻌﺎﻤـﺔ ﻟﻠﻨﻘﻭﺩ‬
. (‫ﺍﻟﺘﻐﻴﺭﺍﺕ ﺍﻟﺴﻌﺭﻴﺔ ﺍﻟﻌﺎﻤﺔ‬
Entities that use the historical cost basis in preparing financial statements, without considering changes in the general ‫ ﻓﻲ ﺇﻋﺩﺍﺩ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴـ ﺔ ﺩﻭﻥ ﺍﻟﻨﻅﺭ ﺇﻟﻰ ﺍﻟﺘﻐﻴﺭﺍﺕ ﻓﻲ ﺍﻟﻤﺴﺘﻭﻯ ﺍﻟﻌﺎﻡ ﻟﻸﺴﻌﺎﺭ ﺃﻭ ﺍﻟﺯﻴﺎﺩﺍﺕ ﻓﻲ ﺃﺴـﻌﺎﺭ‬، ‫ ﺘﻘﻭﻡ ﺍﻟﻤﻨﺸﺂﺕ ﺍﻟﺘﻲ ﺘﺴﺘﺨﺩﻡ ﺃﺴﺎﺱ ﺍﻟﺘﻜﻠﻔﺔ ﺍﻟﺘﺎﺭﻴﺨﻴﺔ‬-
price level or increases in the prices of assets or recognized liabilities, and the exceptions to this, are those assets and ‫ ﻋﻠﻰ ﺴﺒﻴل‬، ‫ ﺍﻟﻤﻨﺸﺄﺓ ﺃﻥ ﺘﻘﻴﺴﻬﺎ ﺒﺎﻟﻘﻴﻤﺔ ﺍﻟﻌﺎﺩﻟﺔ‬- ‫ ﺘﺨﺘﺎﺭ‬-‫ﺍﻷﺼﻭل ﺃﻭ ﺍﻻﻟﺘﺯﺍﻤﺎﺕ ﺍﻟﻤﻌﺘﺭﻑ ﺒﻬﺎ ﻭﺍﻻﺴﺘﺜﻨﺎﺀﺍﺕ ﻟﻬﺫﺍ ﻫـﻲ ﺘﻠـﻙ ﺍﻷﺼـﻭل ﻭﺍﻻﻟﺘﺯﺍﻤﺎﺕ ﺍﻟﺘﻲ ﻴﺘﻌﻴﻥ ﻋﻠﻰ ﺃﻭ‬
liabilities that the entity is required to or elects to measure at fair value. For example, property, plant, and equipment ‫ ﺘﻌﺘﻤـﺩ ﺒﻌـﺽ ﺍﻟﻤﻨﺸﺂﺕ ﻓﻲ ﻋﺭﺽ‬، ‫ ﻭﻤﻊ ﺫﻟﻙ‬. ‫ ﻴﻤﻜﻥ ﺇﻋﺎﺩﺓ ﺘﻘﻴﻴﻡ ﺍﻷﺼﻭل ﺍﻟﺜﺎﺒﺘﺔ ﺒﺎﻟﻘﻴﻤﺔ ﺍﻟﻌﺎﺩﻟـﺔ ﻭﻋـﺎﺩﺓ ﻤﺎ ﻴﺘﻡ ﻗﻴﺎﺱ ﺍﻷﺼﻭل ﺍﻟﺒﻴﻭﻟﻭﺠﻴﺔ ﺒﺎﻟﻘﻴﻤﺔ ﺍﻟﻌﺎﺩﻟﺔ‬، ‫ﺍﻟﻤﺜﺎل‬
may be revalued to fair value, and biological assets are usually measured at fair value. However, some entities ‫ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻟﻬﺎ ﻋﻠﻰ ﺃﺴﺎﺱ ﺍﻟﺘﻜﻠﻔﺔ ﺍﻟﺠﺎﺭﻴﺔ ﺍﻟﺫﻱ ﻴﻌﻜﺱ‬
present their financial statements based on the current cost basis, which reflects the impact of specific price changes
for held assets.
Financial statements, whether based on historical cost or current cost, are only useful in an economy classified as ‫ﺘﻜﻭﻥ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺴﻭﺍﺀ ﻜﺎﻨﺕ ﻤﻌﺘﻤﺩﺓ ﻋﻠﻰ ﺃﺴﺎﺱ ﺍﻟﺘﻜﻠﻔﺔ ﺍﻟﺘﺎﺭﻴﺨﻴﺔ ﺃﻭ ﺃﺴﺎﺱ ﺍﻟﺘﻜﻠﻔﺔ ﺍﻟﺠﺎﺭﻴﺔ ﻤﻔﻴﺩﺓ ﻓﻘﻁ ﻓﻲ ﺍﻗﺘﺼﺎﺩ ﺼﻨﻑ ﺃﻨﻪ ﺫﻭ ﺘﻀﺨﻡ ﻤﻔﺭﻁ ﺇﺫﺍ ﺘﻡ ﺍﻟﺘﻌﺒﻴﺭ ﻋﻨﻬﺎ‬
hyperinflationary if they are expressed in a common unit of measure at the end of the reporting period. Consequently, ‫ ﻓﺈﻥ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻴﻨﻁﺒﻕ ﻋﻠﻰ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻟﻠﻤﻨﺸﺂﺕ ﺍﻟﺘﻲ ﺘﻌﺩ ﺘﻘﺎﺭﻴﺭﻫﺎ ﺒﺎﻟﻌﻤﻠﺔ ﺍﻟﺘﻲ ﺘـﻡ ﺘﺼﻨﻴﻑ‬، ‫ ﻭﻨﺘﻴﺠﺔ ﻟﺫﻟﻙ‬، ‫ﺒﻭﺤﺩﺓ ﻗﻴﺎﺱ ﺠﺎﺭﻴﺔ ﻓﻲ ﻨﻬﺎﻴﺔ ﻓﺘﺭﺓ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ‬
this standard applies to the financial statements of entities that prepare their reports in the currency of an economy ‫ ﻋﻼﻭﺓ ﻋﻠﻰ ﺫﻟﻙ ﻻ ﻴﺴﻤﺢ ﺒﺘﻘﺩﻴﻡ‬. ‫ ﻭﻻ ﻴﺴﻤﺢ ﺒﺘﻘﺩﻴﻡ ﺍﻟﻤﻌﻠﻭﻤﺎﺕ ﺍﻟﻤﻁﻠﻭﺒﺔ ﺒﻤﻭﺠﺏ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻜﻤﻠﺤﻕ ﻟﻠﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﺘﻲ ﻟﻡ ﻴﺘﻡ ﺘﻌﺩﻴﻠﻬﺎ‬. ‫ﺍﻗﺘﺼﺎﺩﻫﺎ ﺍﻨﻪ ﺫﻭ ﺘﻀﺨﻡ ﻤﻔﺭﻁ‬
classified as hyperinflationary. The information required by this standard may not be presented as a supplement to . ‫ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻗﺒل ﺍﻟﺘﻌﺩﻴل ﺒﺸﻜل ﻤﻨﻔﺼل‬
unadjusted financial statements. Furthermore, unadjusted financial statements may not be presented separately.

The financial statements of an entity whose functional currency is the currency of a hyperinflationary economy shall be ، ‫ﻴﺠﺏ ﺃﻥ ﻴﺘﻡ ﻋﺭﺽ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻟﻤﻨﺸﺄﺓ ﺘﻜﻭﻥ ﻋﻤﻠﺔ ﺍﻟﻘﻴﺩ ﺍﻟﺨﺎﺼﺔ ﺒﻬﺎ ﻫـ ﻲ ﻋﻤﻠﺔ ﺍﻗﺘﺼﺎﺩ ﺫﻱ ﺘﻀﺨﻡ ﻤﻔﺭﻁ ﺒﻭﺤﺩﺓ ﺍﻟﻘﻴﺎﺱ ﺍﻟﺠﺎﺭﻴﺔ ﻓﻲ ﻨﻬﺎﻴﺔ ﻓﺘﺭﺓ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ‬
presented in a common unit of measure at the end of the reporting period, whether based on historical cost or current ‫ ﻜﻤﺎ ﻴﺠﺏ ﺃﻥ ﺘﻜﻭﻥ ﺍﻷﺭﻗﺎﻡ ﺍﻟﻤﻘﺎﺭﻨﺔ ﻟﻠﻔﺘﺭﺓ ﺍﻟﺴﺎﺒﻘﺔ ﺍﻟﻤﻁﻠﻭﺒﺔ ﺒﻤﻭﺠﺏ ﻤﻌﻴﺎﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ‬. ‫ﺴﻭﺍﺀ ﻜﺎﻨﺕ ﻤﻌﺘﻤﺩﺓ ﻋﻠﻰ ﺃﺴﺎﺱ ﺍﻟﺘﻜﻠﻔﺔ ﺍﻟﺘﺎﺭﻴﺨﻴﺔ ﺃﻭ ﺃﺴﺎﺱ ﺍﻟﺘﻜﻠﻔـﺔ ﺍﻟﺠﺎﺭﻴﺔ‬
cost. Comparative figures for the prior period required by Egyptian Accounting Standard No. )1( “Presentation of ‫ ﻭﻷﻏﺭﺍﺽ ﻋﺭﺽ‬. ‫) ﻋﺭﺽ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴـﺔ" ﻭﺃﻱ ﻤﻌﻠﻭﻤـﺎﺕ ﺘﺨﺹ ﻓﺘﺭﺍﺕ ﺃﺴﺒﻕ ﻤﻌﺭﻭﻀﺔ ﺒﻭﺤﺩﺓ ﺍﻟﻘﻴﺎﺱ ﺍﻟﺠﺎﺭﻴﺔ ﻓﻲ ﻨﻬﺎﻴﺔ ﻓﺘﺭﺓ ﺍﻟﻘـﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ‬١( ‫ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬
Financial Statements” and any information for prior periods shall also be presented in a common unit of measure at ، ‫ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﻘﺎﺭﻨـﺔ ﺒﻌﻤﻠـﺔ ﻋـﺭﺽ ﻤﺨﺘﻠﻔـﺔ‬
the end of the reporting period. For the purpose of presenting comparative amounts in a different presentation : ‫ﻴﺘﻡ ﺘﻁﺒﻴﻕ ﻤﺎ ﻴﻠﻲ‬
currency, the following shall apply:

a) When translating amounts into the currency of an economy that is not hyperinflationary, the comparative amounts ‫( ﺃ ) ﻋﻨﺩ ﺘﺭﺠﻤﺔ ﺍﻟﻤﺒﺎﻟﻎ ﺇﻟﻰ ﻋﻤﻠﺔ ﺍﻗﺘﺼﺎﺩ ﻏﻴﺭ ﺫﻱ ﺘـﻀﺨﻡ ﻤﻔـﺭﻁ ﻴﺠـ ﺏ ﺃﻥ ﺘﻜﻭﻥ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﻘﺎﺭﻨﺔ ﻫﻲ ﺘﻠﻙ ﺍﻟﺘﻲ ﺘﻡ ﺘﻘﺩﻴﻤﻬﺎ ﻜﻤﺒﺎﻟﻎ ﻟﻠـﺴﻨﺔ ﺍﻟﺤﺎﻟﻴـﺔ ﻓﻲ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ‬
shall be those presented as current year amounts in the financial statements for the prior period concerned (i.e., . (‫ﻟﻠﺴﻨﺔ ﺍﻟﺴﺎﺒﻘﺔ ﺍﻟﻤﻌﻨﻴﺔ )ﺃﻱ( ﺩﻭﻥ ﺘﻌﺩﻴل ﻟﻠﺘﻐﻴﺭﺍﺕ ﺍﻟﻼﺤﻘﺔ ﻓﻲ ﻤﺴﺘﻭﻯ ﺍﻷﺴﻌﺎﺭ ﺃﻭ ﺍﻟﺘﻐﻴﺭﺍﺕ ﺍﻟﻼﺤﻘﺔ ﻓﻲ ﺃﺴﻌﺎﺭ ﺍﻟﺼﺭﻑ‬
without adjustment for subsequent changes in the general price level or subsequent exchange rate changes).
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• Adjusting the Financial Statements

The financial statements of an entity whose functional currency is the currency of a hyperinflationary ‫ﻴﺠﺏ ﺃﻥ ﻴﺘﻡ ﻋﺭﺽ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻟﻤﻨﺸﺄﺓ ﺘﻜﻭﻥ ﻋﻤﻠﺔ ﺍﻟﻘﻴﺩ ﺍﻟﺨﺎﺼﺔ ﺒﻬﺎ ﻫـﻲ ﻋﻤﻠﺔ ﺍﻗﺘﺼﺎﺩ ﺫﻱ ﺘﻀﺨﻡ ﻤﻔﺭﻁ ﺒﻭﺤﺩﺓ ﺍﻟﻘﻴﺎﺱ ﺍﻟﺠﺎﺭﻴﺔ ﻓﻲ ﻨﻬﺎﻴﺔ ﻓﺘﺭﺓ‬
economy shall be presented in a common unit of measure at the end of the reporting period, whether ‫ ﻜﻤﺎ ﻴﺠﺏ ﺃﻥ ﺘﻜﻭﻥ ﺍﻷﺭﻗﺎﻡ ﺍﻟﻤﻘﺎﺭﻨﺔ ﻟﻠﻔﺘﺭﺓ ﺍﻟﺴﺎﺒﻘﺔ‬. ‫ ﺴﻭﺍﺀ ﻜﺎﻨﺕ ﻤﻌﺘﻤﺩﺓ ﻋﻠﻰ ﺃﺴﺎﺱ ﺍﻟﺘﻜﻠﻔﺔ ﺍﻟﺘﺎﺭﻴﺨﻴﺔ ﺃﻭ ﺃﺴﺎﺱ ﺍﻟﺘﻜﻠﻔـﺔ ﺍﻟﺠﺎﺭﻴﺔ‬، ‫ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ‬
based on historical cost or current cost. Comparative figures for the prior period required by Egyptian ‫) ﻋﺭﺽ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴـﺔ" ﻭﺃﻱ ﻤﻌﻠﻭﻤـﺎﺕ ﺘﺨﺹ ﻓﺘﺭﺍﺕ ﺃﺴﺒﻕ ﻤﻌﺭﻭﻀﺔ ﺒﻭﺤﺩﺓ ﺍﻟﻘﻴﺎﺱ ﺍﻟﺠﺎﺭﻴﺔ‬١( ‫ﺍﻟﻤﻁﻠﻭﺒﺔ ﺒﻤﻭﺠﺏ ﻤﻌﻴﺎﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬
Accounting Standard No. (1) “Presentation of Financial Statements” and any information for prior periods ، ‫ ﻭﻷﻏﺭﺍﺽ ﻋﺭﺽ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﻘﺎﺭﻨـﺔ ﺒﻌﻤﻠـﺔ ﻋـﺭﺽ ﻤﺨﺘﻠﻔـﺔ‬. ‫ﻓﻲ ﻨﻬﺎﻴﺔ ﻓﺘﺭﺓ ﺍﻟﻘـﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ‬
shall also be presented in a common unit of measure at the end of the reporting period. For the purpose of : ‫ﻴﺘﻡ ﺘﻁﺒﻴﻕ ﻤﺎ ﻴﻠﻲ‬
presenting comparative amounts in a different presentation currency, the following shall apply:

a) When translating amounts into the currency of an economy that is not hyperinflationary, the comparative ‫( ﺃ ) ﻋﻨﺩ ﺘﺭﺠﻤﺔ ﺍﻟﻤﺒﺎﻟﻎ ﺇﻟﻰ ﻋﻤﻠﺔ ﺍﻗﺘﺼﺎﺩ ﻏﻴﺭ ﺫﻱ ﺘـﻀﺨﻡ ﻤﻔـﺭﻁ ﻴﺠـﺏ ﺃﻥ ﺘﻜﻭﻥ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﻘﺎﺭﻨﺔ ﻫﻲ ﺘﻠﻙ ﺍﻟﺘﻲ ﺘﻡ ﺘﻘﺩﻴﻤﻬﺎ ﻜﻤﺒﺎﻟﻎ ﻟﻠـﺴﻨﺔ ﺍﻟﺤﺎﻟﻴـﺔ‬
amounts shall be those presented as current year amounts in the financial statements for the prior period . (‫ﻓﻲ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻟﻠﺴﻨﺔ ﺍﻟﺴﺎﺒﻘﺔ ﺍﻟﻤﻌﻨﻴﺔ )ﺃﻱ( ﺩﻭﻥ ﺘﻌﺩﻴل ﻟﻠﺘﻐﻴﺭﺍﺕ ﺍﻟﻼﺤﻘﺔ ﻓﻲ ﻤﺴﺘﻭﻯ ﺍﻷﺴﻌﺎﺭ ﺃﻭ ﺍﻟﺘﻐﻴﺭﺍﺕ ﺍﻟﻼﺤﻘﺔ ﻓﻲ ﺃﺴﻌﺎﺭ ﺍﻟﺼﺭﻑ‬
concerned (i.e., without adjustment for subsequent changes in the general price level or subsequent
exchange rate changes).

(b) When the functional currency of an entity is the currency of an economy with hyperinflation, the entity ‫ ﻴﺠﺏ ﻋﻠﻰ ﺍﻟﻤﻨﺸﺄﺓ ﺘﻌﺩﻴل ﻗﻭﺍﺌﻤﻬﺎ ﺍﻟﻤﺎﻟﻴﺔ ﻭﻓﻘﺎ ﻟﻬﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻗﺒل ﺘﻁﺒﻴـﻕ‬، ‫ب)ﻋﻨﺩﻤﺎ ﺘﻜﻭﻥ ﻋﻤﻠﺔ ﺍﻟﻘﻴﺩ ﻟﻤﻨﺸﺄﺓ ﻫﻲ ﻋﻤﻠﺔ ﺍﻗﺘﺼﺎﺩ ﺫﻱ ﺘﻀﺨﻡ ﻤﻔﺭﻁ‬
must adjust its financial statements in accordance with this Standard before applying the translation ‫ ﺒﺎﺴﺘﺜﻨﺎﺀ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﻘﺎﺭﻨﺔ ﺍﻟﺘـﻲ ﺘﺘﺭﺠﻡ ﺇﻟﻰ ﻋﻤﻠﺔ ﺍﻗﺘﺼﺎﺩ ﻏﻴﺭ ﺫﻱ ﺘﻀﺨﻡ ﻤﻔﺭﻁ ﻭﻋﻨﺩﻤﺎ ﻴﺘﻭﻗﻑ ﺘـﺼﻨﻴﻑ‬،)١٠،١( ‫ﻁﺭﻴﻘـﺔ ﺍﻟﺘﺭﺠﻤﺔ ﺍﻟﻤﺤﺩﺩﺓ ﻓﻲ ﺍﻟﺒﻨﺩ‬
method specified in paragraph (10.1), except for comparative amounts translated into the currency of an ‫ ﻴﺠﺏ ﻋﻠﻴﻬﺎ ﺍﺴـﺘﺨﺩﺍﻡ‬، )٥١( ‫ ﻭﻟﻡ ﺘﻌـﺩ ﺍﻟﻤﻨـﺸﺄﺓ ﺘﻌـﺩل ﻗﻭﺍﺌﻤﻬـﺎ ﺍﻟﻤﺎﻟﻴﺔ ﻭﻓﻘﺎ ﻟﻤﻌﻴﺎﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬، ‫ﺍﻻﻗﺘﺼﺎﺩ ﻤﻥ ﺃﻨﻪ ﺒﻪ ﺘﻀﺨﻡ ﻤﻔﺭﻁ‬
economy not experiencing hyperinflation. When an economy ceases to be classified as hyperinflationary ‫ﺍﻟﺘﻜﻠﻔﺔ ﺍﻟﺘﺎﺭﻴﺨﻴﺔ ﻜﻤﺭﺠﻊ ﻟﻠﺘﺭﺠﻤﺔ ﺇﻟﻰ ﻋﻤﻠﺔ ﺍﻟﻌﺭﺽ ﺒﺎﺴﺘﺨﺩﺍﻡ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﺘﻲ ﺘﻡ ﺘﻌﺩﻴﻠﻬﺎ ﺇﻟﻰ ﻤﺴﺘﻭﻯ ﺍﻷﺴﻌﺎﺭ ﻓﻲ ﺍﻟﺘﺎﺭﻴﺦ ﺍﻟﺫﻱ ﺘﻭﻗﻔﺕ ﻓﻴﻪ ﺍﻟﻤﻨﺸﺄﺓ ﻋن‬
and the entity no longer adjusts its financial statements in accordance with Egyptian Accounting Standard .‫ـﺘﻌﺩﻴل ﻗﻭﺍﺌﻤﻬﺎ ﺍﻟﻤﺎﻟﻴﺔ‬
No. 51, it should use historical cost as a reference for translation into the presentation currency using the
amounts adjusted to the price level at the date the entity ceased to adjust its financial statements.

Any gain or loss arising from the net monetary position should be recognized in profit or loss and disclosed ‫ ﻭﺍﻹﻓﺼﺎﺡ ﻋﻨﻪ ﺒﺸﻜل ﻤﻨﻔﺼل ﻓـﻲ ﻗﺎﺌﻤـﺔ ﺍﻷﺭﺒـﺎﺡ‬،‫ﻴﺠﺏ ﺇﺩﺭﺍﺝ ﺍﻟﻤﻜﺴﺏ ﺃﻭ ﺍﻟﺨﺴﺎﺭﺓ ﺍﻟﻨﺎﺘﺠﺔ ﻋـﻥ ﺍﻟﻤﺭﻜـﺯ ﺍﻟﻨﻘـﺩﻱ ﺍﻟـﺼﺎﻓﻲ ﻓﻲ ﺍﻟﺭﺒﺢ ﺃﻭ ﺍﻟﺨﺴﺎﺭﺓ‬
separately in the income statement. It should also be presented in a separate line within equity and not ‫ ﻁﺒﻘﺎﹰ‬،‫ ﻜﻤﺎ ﻴﺠﺏ ﻋﺭﻀﻪ ﻓﻲ ﺒﻨﺩ ﻤﺴﺘﻘل ﻀﻤﻥ ﺤﻘﻭﻕ ﺍﻟﻤﻠﻜﻴﺔ ﻭﻻ ﻴـﺘﻡ ﺇﻀﺎﻓﺘﻪ ﺇﻟﻰ ﺍﻷﺭﺒﺎﺡ ﺃﻭ ﺍﻟﺨﺴﺎﺌﺭ ﺍﻟﻤﺭﺤﻠﺔ ﻓﻲ ﻨﻬﺎﻴﺔ ﺍﻟﻔﺘﺭﺓ‬،‫ﺃﻭ ﺍﻟﺨﺴﺎﺌﺭ‬
added to retained earnings at the end of the period, in accordance with the requirements and limitations ٢٩ ‫ﻟﻠﻤﺘﻁﻠﺒـﺎﺕ ﻭﺍﻟﻘﻴﻭﺩ ﺍﻟﻤﺒﻴﻨﺔ ﻓﻲ ﺍﻟﻔﻘﺭﺓ‬
set out in paragraph 39.

After the consistent application of procedures and estimates, professional judgment should take .‫ﺒﻌﺩ ﺜﺒﺎﺕ ﻭﺍﺘﺴﺎﻕ ﺍﻟﺘﻁﺒﻴﻕ ﻟﻺﺠﺭﺍﺀﺍﺕ ﻭﺍﻟﺘﻘﺩﻴﺭ ﺍﻟﺸﺨﺼﻲ ﺍﻟﻤﺴﺘﺨﺩﻡ ﻟﻪ ﺍﻷﻭﻟﻭﻴـﺔ ﻋﻠﻰ ﺤﺴﺎﺏ ﺍﻟﻘﻴﻡ ﻋﻨﺩ ﺇﻋﺩﺍﺩ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﻤﻌﺩﻟﺔ‬
precedence over the use of historical cost when preparing the adjusted financial statements.
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• General Price Index Selection

The adjustment of financial statements in accordance with this Standard requires the use of a ‫ﻴﺘﻁﻠﺏ ﺘﻌﺩﻴل ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻭﻓﻘﺎ ﻟﻬﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﺍﺴﺘﺨﺩﺍﻡ ﻤﺅﺸﺭ ﺃﺴـﻌﺎﺭ ﻋـﺎﻡ ﻴﻌﻜﺱ ﺍﻟﺘﻐﻴﺭﺍﺕ ﻓﻲ ﺍﻟﻘﻭﺓ ﺍﻟﺸﺭﺍﺌﻴﺔ ﺍﻟﻌﺎﻤﺔ‬
general price index that reflects changes in general purchasing power, except as provided in :‫ﻴﺘﻡ ﺍﺘﺒﺎﻉ ﻤﺎ ﻴﻠﻲ‬، ٤٤ ‫ﺒﺎﺴﺘﺜﻨﺎﺀ ﻤﺎ ﻭﺭﺩ ﻓﻲ ﻓﻘﺭﺓ ﺭﻗﻡ‬
paragraph 44, the following should be followed:

(1) Identification of the appropriate index: The index used should be capable of measuring changes ‫( ﺃ ) ﺘﺤﺩﻴﺩ ﺍﻟﻤﺅﺸﺭ ﺍﻟﻤﻨﺎﺴﺏ ﻴﺠﺏ ﺃﻥ ﻴﻜﻭﻥ ﺍﻟﻤﺅﺸﺭ ﺍﻟﻤﺴﺘﺨﺩﻡ ﻗـﺎﺩﺭ ﺍ ﻋﻠـﻰ ﻗﻴﺎﺱ ﺍﻟﺘﻐﻴﺭﺍﺕ ﻓﻲ ﺍﻷﺴﻌﺎﺭ ﻋﻠﻰ‬
in prices broadly and reflecting economic changes affecting the purchasing power of the currency. .‫ﻨﻁـﺎﻕ ﻭﺍﺴـﻊ ﻭﻴﻌﻜـﺱ ﺍﻟﺘﻐﻴـﺭﺍﺕ ﺍﻻﻗﺘﺼﺎﺩﻴﺔ ﺍﻟﺘﻲ ﺘﺅﺜﺭ ﻋﻠﻰ ﺍﻟﻘﻭﺓ ﺍﻟﺸﺭﺍﺌﻴﺔ ﻟﻠﻌﻤﻠﺔ‬

The head of the Financial Regulatory Authority, in coordination with the Central Bank of Egypt and ‫ ﻟﺘﺤﺩﻴﺩ‬،‫ ﺒﻌﺩ ﺍﻟﺘﻨﺴﻴﻕ ﻤﻊ ﺍﻟﺒﻨﻙ ﺍﻟﻤﺭﻜﺯﻱ ﺍﻟﻤﺼﺭﻱ ﻭﻭﺯﺍﺭﺓ ﺍﻟﻤﺎﻟﻴﺔ‬،‫ﻴﺼﺩﺭ ﻗﺭﺍﺭ ﻤﻥ ﺭﺌﻴﺱ ﺍﻟﻬﻴﺌﺔ ﺍﻟﻌﺎﻤﺔ ﻟﻠﺭﻗﺎﺒﺔ ﺍﻟﻤﺎﻟﻴﺔ‬
the Ministry of Finance, will decide on the appropriate index to be used when applying this Standard .‫ﺍﻟﻤﺅﺸﺭ ﺍﻟﻤﻨﺎﺴـﺏ ﺍﻟﻭﺍﺠﺏ ﺍﺴﺘﺨﺩﺍﻤﻪ ﻋﻨﺩ ﺘﻁﺒﻴﻕ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻋﻠﻰ ﺍﻟﻌﻤﻠﺔ ﺍﻟﻤﺤﻠﻴﺔ‬
to the local currency.

‫ ﺃﻭ ﻤﺸﺭﻭﻉ ﻤﺸﺘﺭﻙ ﺘﺴﺘﺨﺩﻡ ﺍﻟﻤﻨﺸﺄﺓ ﺍﻟﺘﻘﺩﻴﺭ‬،‫ ﺃﻭ ﺸﺭﻜﺔ ﺘﺎﺒﻌﺔ ﺃﻭ ﺸﺭﻜﺔ ﺸﻘﻴﻘﺔ‬،‫ﻭﻓﻴﻤﺎ ﻴﺘﻌﻠﻕ ﺒﺎﻟﻌﻤﻠﻴﺎﺕ ﺍﻷﺠﻨﺒﻴﺔ ﻤﺜل ﻓﺭﻉ‬
Regarding foreign operations, such as branches, subsidiaries, sister companies, or joint ventures, ‫ﺍﻟﺸﺨﺼﻲ ﻟﺘﺤﺩﻴﺩ ﺍﻟﻤﺅﺸﺭ ﺍﻟﻤﻨﺎﺴﺏ ﺍﻟﻭﺍﺠﺏ ﺍﺴﺘﺨﺩﺍﻤﻪ ﻟﻠﻌﻤﻼﺕ ﺍﻷﺠﻨﺒﻴﺔ ﻓﻲ ﻀﻭﺀ ﻤـﺎ ﻴﺘﻡ ﺍﺴﺘﺨﺩﺍﻤﻪ ﻋﺎﺩﺓ ﻓﻲ ﺇﻋﺩﺍﺩ ﺍﻟﻘﻭﺍﺌﻡ‬
the entity shall use professional judgment to determine the appropriate index to be used for foreign ‫ﺍﻟﻤﺎﻟﻴﺔ ﻓﻲ ﺍﻟﺒﻴﺌﺔ ﺍﻻﻗﺘﺼﺎﺩﻴﺔ ﻟﻬذه ﺍﻟﻌﻤﻠﺔ ﺍﻷﺠﻨﺒﻴﺔ‬
currencies, based on what is typically used in preparing financial statements in the economic
environment of that foreign currency.
Amounts in the statement of financial position that are not measured in the current measurement unit .‫ ﺍﻟﺘﺄﻜﺩ ﻤﻥ ﺃﻥ ﺍﻟﻤﺼﺩﺭ ﺍﻟﺫﻱ ﻴﺘﻡ ﺍﻟﺤـﺼﻭل ﻤﻨـﻪ ﻋﻠﻰ ﺒﻴﺎﻨﺎﺕ ﺍﻟﻤﺅﺸﺭ ﻤﻭﺜﻭﻕ ﻭﻤﻌﺘﺭﻑ ﺒﻪ‬:‫ﺍﻟﺘﺤﻘﻕ ﻤﻥ ﻤﺼﺎﺩﺭ ﺍﻟﺒﻴﺎﻨﺎﺕ‬
at the end of the reporting period shall be adjusted by applying a general price index.

Items of a monetary nature shall not be adjusted, as they are presented in the current measurement . ‫ﺍﻟﺘﺄﻜﺩ ﻤﻥ ﺍﻟﺘﺤﺩﻴﺙ ﺍﻟﺩﻭﺭﻱ ﻟﻠﻤﺅﺸﺭ ﻴﺠﺏ ﺃﻥ ﻴـﺘﻡ ﺘﺤـﺩﻴﺙ ﺍﻟﻤﺅﺸـﺭ ﺒﺎﻨﺘﻅـﺎﻡ ﻟﻴﻌﻜﺱ ﺃﺤﺩﺙ ﺍﻟﺒﻴﺎﻨﺎﺕ ﺍﻻﻗﺘﺼﺎﺩﻴﺔ‬
unit at the end of the reporting period. Monetary items include cash held and items that will be
collected or paid in cash.

Assets and liabilities related to contracts with price changes, such as bonds and loans linked to an ‫ﺍﺴﺘﺨﺩﺍﻡ ﺍﻟﻤﺅﺸﺭ ﺒﺸﻜل ﻤﻭﺤﺩ ﻴﺠﺏ ﺃﻥ ﻴﻁﺒﻕ ﺍﻟﻤﺅﺸﺭ ﺍﻟﻤﺨﺘـﺎﺭ ﺒـﺸﻜل ﺜﺎﺒـﺕ ﺒﻭﺍﺴﻁﺔ ﺠﻤﻴﻊ ﺍﻟﻤﻨﺸﺂﺕ ﺍﻟﺘﻲ ﺘﻘﺩﻡ ﺘﻘﺎﺭﻴﺭﻫﺎ‬
index, shall be adjusted in accordance with the contract to determine the carrying amount at the end ‫ﺒﻌﻤﻠﺔ ﻨﻔﺱ ﺍﻻﻗﺘﺼﺎﺩ ﻭﻋﺒﺭ ﻜﺎﻓـﺔ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻟﺘﻭﻓﻴﺭ ﻤﻘﺎﺭﻨﺔ ﺩﻗﻴﻘﺔ ﻋﺒﺭ ﺍﻟﻔﺘﺭﺍﺕ ﺍﻟﺯﻤﻨﻴﺔ ﺍﻟﻤﺨﺘﻠﻔﺔ ﻤﺘـﻰ ﺃﻋﻠـﻥ ﻫﺫﺍ ﺍﻟﻤﺅﺸﺭ‬
of the reporting period. These items shall be presented at this adjusted amount in the adjusted .‫ ﻭﻴﺭﺍﻋـﻰ ﺃﻥ ﻴﻜـﻭﻥ ﺍﻟﻤﺅﺸـﺭ ﻴﻐﻁـﻰ ﺃﻁﻭل ﻓﺘﺭﺓ ﺴﺎﺒﻘﺔ ﻤﺘﺎﺤﺔ‬،‫ﻤﻥ ﻗﺒل ﺍﻟﺠﻬﺎﺕ ﺍﻟﻤﻌﻨﻴﺔ‬
statement of financial position.
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• Financial Statements
• Statement of Financial Position (Balance Sheet)
Amounts in the statement of financial position that are not measured in the current measurement unit ‫ ﻤﻥ ﺨﻼل ﺘﻁﺒﻴﻕ ﻤﺅﺸﺭ ﻋﺎﻡ‬،‫ ﺍﻟﺘﻲ ﻻ ﻴﺘﻡ ﻗﻴﺎﺴﻬﺎ ﺒﻭﺤﺩﺓ ﺍﻟﻘﻴﺎﺱ ﺍﻟﺠﺎﺭﻴﺔ ﻓﻲ ﻨﻬﺎﻴﺔ ﻓﺘﺭﺓ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ‬،‫ﻴﺘﻡ ﺘﻌﺩﻴل ﻤﺒﺎﻟﻎ ﻗﺎﺌﻤﺔ ﺍﻟﻤﺭﻜﺯ ﺍﻟﻤﺎﻟﻲ‬
at the end of the reporting period shall be restated by applying a general price index." .‫ﻟﻸﺴﻌﺎﺭ‬

Items of a monetary nature, which include cash on hand and items that will be collected or paid in ‫ ﻭﺘﺸﻤل ﺍﻟﺒﻨﻭﺩ ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﺍﻟﻨﻘﺩﻴﺔ‬.‫ﻻ ﻴﺘﻡ ﺘﻌﺩﻴل ﺍﻟﺒﻨﻭﺩ ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﺍﻟﻨﻘﺩﻴﺔ ﺤﻴﺙ ﺘﺩﺭﺝ ﺒﻭﺤﺩﺓ ﺍﻟﻨﻘﺩ ﺍﻟﺠﺎﺭﻴﺔ ﻓـﻲ ﻨﻬﺎﻴﺔ ﻓﺘﺭﺓ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ‬
cash, are not restated as they are already expressed in the current reporting currency at the end of .‫ﺍﻟﻨﻘﻭﺩ ﺍﻟﻤﺤـﺘﻔﻅ ﺒﻬﺎ ﻭﺍﻟﺒﻨﻭﺩ ﺍﻟﺘﻲ ﺴﻴﺘﻡ ﺘﺤﺼﻴﻠﻬﺎ ﺃﻭ ﺩﻓﻌﻬﺎ ﻨﻘﺩﺍﹰ‬
the reporting period."

Assets and liabilities linked to variable rate agreements, such as bonds and loans indexed to an ‫ ﻭﻓﻘﺎ ﻟﻼﺘﻔﺎﻗﻴﺔ‬، ‫ ﻤﺜل ﺍﻟﺴﻨﺩﺍﺕ ﻭﺍﻟﻘﺭﻭﺽ ﺍﻟﻤﺭﺘﺒﻁﺔ ﺒﻤﺅﺸﺭ‬، ‫ﻴﺘﻡ ﺘﻌﺩﻴل ﺍﻷﺼﻭل ﻭﺍﻻﻟﺘﺯﺍﻤﺎﺕ ﺍﻟﻤﺭﺘﺒﻁﺔ ﺒﺎﺘﻔﺎﻗﻴﺎﺕ ﺍﻟﺘﻐﻴﺭﺍﺕ ﻓﻲ ﺍﻷﺴـﻌﺎﺭ‬
index, shall be adjusted in accordance with the agreement to determine the carrying amount at the . ‫ ﻭﺘﻅﻬﺭ ﻫﺫﻩ ﺍﻟﺒﻨﻭﺩ ﺒﻬﺫﺍ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﻌﺩل ﻓﻲ ﻗﺎﺌﻤﺔ ﺍﻟﻤﺭﻜﺯ ﺍﻟﻤﺎﻟﻲ ﺍﻟﻤﻌﺩﻟﺔ‬. ‫ﻟﺘﺤﺩﻴﺩ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻘﺎﺌﻡ ﻓﻲ ﻨﻬﺎﻴﺔ ﻓﺘﺭﺓ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ‬
end of the reporting period. These items shall be presented at this adjusted amount in the restated
statement of financial position."

Non-monetary items that are measured in a manner that already reflects the current purchasing ‫ ﻤﺜل ﺘﻠﻙ‬، ‫ﻻ ﻴﺘﻡ ﺘﻌﺩﻴل ﺍﻟﺒﻨﻭﺩ ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﻏﻴﺭ ﺍﻟﻨﻘﺩﻴﺔ ﺍﻟﺘﻲ ﻴﺘﻡ ﻗﻴﺎﺴﻬﺎ ﺒﻁﺭﻴﻘﺔ ﺘﻌﻜـﺱ ﻭﺤﺩﺓ ﺍﻟﻨﻘﺩ ﺍﻟﺠﺎﺭﻴﺔ ﻓﻲ ﻨﻬﺎﻴﺔ ﻓﺘﺭﺓ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ‬
power of money at the end of the reporting period, such as those measured at fair value or net ‫ ﺃﻭ ﺼﺎﻓﻲ ﺍﻟﻘﻴﻤﺔ ﺍﻟﻘﺎﺒﻠﺔ ﻟﻠﺘﺤقق‬، ‫ﺍﻟﺒﻨﻭﺩ ﺍﻟﺘﻲ ﻴـﺘﻡ ﻗﻴﺎﺴﻬﺎ ﻓﻲ ﻨﻬﺎﻴﺔ ﺍﻟﻔﺘﺭﺓ ﺒﺎﻟﻘﻴﻤﺔ ﺍﻟﻌﺎﺩﻟﺔ‬
realizable value, are not restated.

Therefore, fixed assets (measured at cost less accumulated depreciation) and inventories (raw ‫ ﺃﻭ ﺍﻟﺘﻜﻠﻔﺔ ﻨﺎﻗﺼﺎ ﺍﻻﺴﺘﻬﻼﻙ ﺍﻹﻫﻼﻙ ﺃﻭ ﺍﻻﻀﻤﺤﻼل‬، ‫ ﺍﻟﺘﻲ ﻴﺘﻡ ﻗﻴﺎﺴـﻬﺎ ﺒﺎﻟﺘﻜﻠﻔـﺔ ﺍﻟﺘﺎﺭﻴﺨﻴﺔ‬، ‫ﻴﺘﻡ ﺘﻌﺩﻴل ﻤﺒﺎﻟﻎ ﺍﻟﺒﻨﻭﺩ ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﻏﻴﺭ ﺍﻟﻨﻘﺩﻴﺔ‬
materials, work-in-progress, and finished goods) shall be adjusted from their acquisition dates. / ‫ ﻴﺘﻡ ﺘﻁﺒﻴـﻕ ﻤﺅﺸـﺭ ﺍﻷﺴﻌﺎﺭ ﺍﻟﻌﺎﻡ ﻋﻠﻰ ﺍﻟﺘﻜﻠﻔﺔ ﺍﻟﺘﺎﺭﻴﺨﻴـﺔ ﻭﺍﻻﺴـﺘﻬﻼﻙ‬، ‫ ﻭﻋﻨﺩ ﺘﺤﺩﻴﺩ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﻌﺩل ﻟﻠﺒﻨﺩ‬. ‫ﺍﻟﻭﺍﺭﺩﺓ ﻓﻲ ﻗﺎﺌﻤﺔ ﺍﻟﻤﺭﻜﺯ ﺍﻟﻤﺎﻟﻲ‬
Intangible assets such as goodwill, patents, and trademarks, and similar assets, shall be adjusted ‫ ﻴﺘﻡ ﺘﻌﺩﻴل ﺍﻷﺼﻭل ﺍﻟﺜﺎﺒﺘﺔ ﺃي(ﺍﻟﺘﻲ‬، ‫ ﻟﺫﺍ‬. ‫ﺍﻹﻫـﻼﻙ ﺍﻟﻤﺘـﺭﺍﻜﻡ ﻭﺍﻻﻀﻤﺤﻼل ﻤﻥ ﺘﺎﺭﻴﺦ ﺍﻻﻋﺘﺭﺍﻑ ﺒﺎﻷﺼل ﻭﺤﺘﻰ ﺘﺎﺭﻴﺦ ﻨﻬﺎﻴﺔ ﻓﺘﺭﺓ ﺍﻟﻘـﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ‬
from their acquisition dates. Work-in-progress and finished goods shall be adjusted from the dates ، ‫ ﻭﺍﻟﻌﻼﻤﺎﺕ ﺍﻟﺘﺠﺎﺭﻴﺔ‬، ‫ ﻭﺒﺭﺍﺀﺍﺕاﻻﺨﺘﺭﺍﻉ‬، ‫ ﻭﺍﻟﺸﻬﺭﺓ‬، ‫ ﻭﺍﻟﻤﺨﺯﻭﻥ ﻤﻥ ﺍﻟﻤﻭﺍﺩ ﺍﻟﺨﺎﻡ ﻭﺍﻟﺒﻀﺎﺌﻊ‬، )‫ﻴﺘﻡ ﻗﻴﺎﺴﻬﺎ ﺒﺎﻟﺘﻜﻠﻔﺔ ﻤﻁﺭﻭﺤﺎ ﻤﻨﻬﺎ ﺍﻹﻫﻼﻙ‬
on which the entity incurred purchase and conversion costs. ‫ﻭﺍﻷﺼﻭل ﺍﻟﻤﻤﺎﺜﻠﺔ ﻤﻥ ﺘﻭﺍﺭﻴﺦ ﺸـﺭﺍﺌﻬا ﻭﻴﺘﻡ ﺘﻌﺩﻴل ﺍﻟﺴﻠﻊ ﻨﺼﻑ ﺍﻟﻤﺼﻨﻌﺔ ﻭﺍﻟﺴﻠﻊ ﺍﻟﺠﺎﻫﺯﺓ ﺍﻟﻤﺩﺭﺠﺔ ﻓﻲ ﺍﻟﻤﺨﺯﻭﻥ ﻤﻥﺍﻟﺘﻭﺍﺭﻴﺦ ﺍﻟﺘﻲ ﺘﻜﺒﺩﺕ ﻓﻴﻬﺎ‬
‫ﺍﻟﻤﻨﺸﺄﺓ ﺘﻜﺎﻟﻴﻑ ﺍﻟﺸﺭﺍﺀ ﻭﺍﻟﺘﺤﻭﻴل‬
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• Financial Statements
• Statement of Financial Position (Balance Sheet)
The conversion factor shall be calculated based on the increase in the general price index to adjust ‫ ﻋﻠﻰ ﺴﺒﻴل‬. ‫ﻴﺘﻡ ﺤﺴﺎﺏ ﻤﻌﺎﻤل ﺍﻟﺘﺤﻭﻴل ﺒﻨﺎﺀ ﻋﻠﻰ ﺍﻟﺯﻴﺎﺩﺓ ﻓﻲ ﻤﺅﺸﺭ ﺍﻷﺴﻌﺎﺭ ﺍﻟﻌﺎﻡ ﻟﺘﻌﺩﻴل ﻤﺒﺎﻟﻎ ﺍﻟﺘﻜﻠﻔﺔ ﺍﻟﺘﺎﺭﻴﺨﻴﺔ ﺇﻟﻰ ﺍﻟﻘﻭﺓ ﺍﻟﺸﺭﺍﺌﻴﺔ ﺍﻟﺤﺎﻟﻴﺔ‬
historical cost amounts to current purchasing power. For example, if an entity is adjusting its fixed assets ‫ ﻭﻜﺎﻥ ﺃﺤﺩ ﺒﻨﻭﺩ ﺍﻷﺼﻭل ﺍﻟﺜﺎﺒﺘﺔ ﻗﺩ ﺘﻡ ﺸﺭﺍﺅﻩ ﻓﻲ ﺩﻴﺴﻤﺒﺭ‬، ٢٠٠٢ ‫ ﺇﺫﺍ ﻜﺎﻨﺕ ﻤﻨﺸﺄﺓ ﺘﻌﺩل ﻟﻠﻤﺭﺓ ﺍﻷﻭﻟﻰ ﺒﻨﻭﺩ ﺍﻷﺼﻭل ﺍﻟﺜﺎﺒﺘﺔ ﻓﻲ ﻋﺎﻡ‬، ‫ﺍﻟﻤﺜـﺎل‬
for the first time in 2002, and one of its fixed assets was purchased in December 2000 for 200 million ٢٠٠٢ ‫ ﺩﻴﺴﻤﺒﺭ‬٣١ ‫ ﻭﻓﻲ‬٣٠٠ ‫ ﺘﺴﺎﻭﻱ‬٢٠٠٠ ‫ ﺩﻴـﺴﻤﺒﺭ‬٣١ ‫ ﻓﺈﺫﺍ ﻜﺎﻨﺕ ﻤﺅﺸﺭﺍﺕ ﺍﻷﺴﻌﺎﺭ ﺍﻟﻌﺎﻤﺔ ﻓـﻲ‬، ‫ ﻤﻠﻴﻭﻥ ﻭﺤﺩﺓ ﻨﻘﺩﻴﺔ‬٢٠٠ ‫ ﺒﺴﻌﺭ‬٢٠٠٠
currency units, and the general price indices were 300 on December 31, 2000, and 540 on December 31, ٣٦٠ = ١,٨٠ × ٢٠٠ ‫ ﻭﺒﺎﻟﺘﺎﻟﻲ ﺘﻜﻭﻥ‬، ١,٨٠( = ٣٠٠ / )٥٤٠ ‫ ﻴﺴﺎﻭﻱ‬٢٠٠٢ ‫ ﺴﻭﻑ ﻴﻜﻭﻥ ﻤﻌﺎﻤـل ﺍﻟﺘﺤﻭﻴل ﻓﻲ ﺩﻴﺴﻤﺒﺭ‬، ٥٤٠ ‫ﺘﺴﺎﻭﻱ‬
2002, then the conversion factor in December 2002 would be (540/300 = 1.8), and thus the adjusted ٢٠٠٢ ‫ ﺩﻴﺴﻤﺒﺭ‬٣١ ‫ﻤﻠﻴﻭﻥ ﻭﺤـﺩﺓ ﻨﻘﺩﻴـﺔ ﺍﻟﻘﻴﻤﺔ ﺍﻟﻤﻌﺩﻟﺔ ﻟﻸﺼل ﺍﻟﺜﺎﺒﺕ ﻓﻲ‬
amount would be: 200 million x 1.8 = 360 million currency units on December 31,
2002.
If detailed records of the acquisition dates of fixed asset items are not available or are difficult to estimate, ‫ ﻗﺩ ﻴﻜﻭﻥ ﻤﻥ‬، ‫ ﻭﻓﻲ ﻤﺜل ﻫﺫﻩ ﺍﻟﻅﺭﻭﻑ ﺍﻟﻨﺎﺩﺭﺓ‬، ‫ﻗﺩ ﺘﻜﻭﻥ ﺍﻟﺴﺠﻼﺕ ﺍﻟﻤﻔﺼﻠﺔ ﻟﺘﻭﺍﺭﻴﺦ ﺍﻗﺘﻨﺎﺀ ﺒﻨﻭﺩ ﺍﻷﺼﻭل ﺍﻟﺜﺎﺒﺘﺔ ﻏﻴﺭ ﻤﺘﺎﺤﺔ ﺃﻭ ﻴﺼﻌﺏ ﺘﻘﺩﻴﺭﻫﺎ‬
in such rare circumstances, it may be necessary to use an independent professional valuation of the ‫ ﻋﻠﻰ ﺃﻥ ﻴﺘﻡ ﺫﻟﻙ ﻋﻥ ﻁﺭﻴﻕ ﺨﺒﺭﺍﺀ‬، ‫ﺍﻟﻀﺭﻭﺭﻱ ﺍﺴﺘﺨﺩﺍﻡ ﺘﻘﻴﻴﻡ ﻤﻬﻨﻲ ﻤﺴﺘﻘل ﻟﻠﻌﻨﺎﺼﺭ ﻜﺄﺴﺎﺱ ﻟﺘﻌﺩﻴﻠﻬﺎ ﻓﻲ ﺃﻭل ﻓﺘﺭﺓ ﺘﻁﺒﻴﻕ ﻟﻬﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ‬
items as a basis for their adjustment in the first period of applying this Standard. This should be done ‫ﻤﺘﺨﺼﺼﻴﻥ ﻓﻲ ﺍﻟﺘﻘﻴﻴﻡ ﻭﺍﻟﺘﺜﻤﻴﻥ ﻀﻤﻥ ﺍﻟﻤﻘﻴﺩﻴﻥ ﻓﻲ ﺴﺠل ﺍﻟﺨﺎﺹ ﺒﺈﻋﺎﺩﺓ ﺍﻟﺘﻘﻴﻴﻡ ﻟﻸﺼﻭل ﺒﺎﻟﻬﻴﺌﺔ ﺍﻟﻌﺎﻤﺔ ﻟﻠﺭﻗﺎﺒﺔ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﻤﻨﺼﻭﺹ ﻋﻠﻴﻪ ﻓﻲ ﻤﻌﻴﺎﺭ‬
through experts specializing in valuation and appraisal who are registered in the revaluation register for ‫ ﻭ ﻤﻌﻴﺎﺭ‬، ‫) ﺍﻷﺼﻭل ﻏﻴـﺭﺍﻟﻤﻠﻤﻭﺴﺔ‬٢٣( ‫ ﻭ ﻤﻌﻴﺎﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬، ‫) ﺍﻷﺼـﻭل ﺍﻟﺜﺎﺒﺘﺔ ﻭ ﺇﻫﻼﻜﺎﺘﻬﺎ‬١٠( ‫ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬
assets with the Financial Regulatory Authority, as stipulated in Egyptian Accounting Standard No. (10) ‫ﻭﻻ ﻴﺘﻡ ﺇﻋﺎﺩﺓ‬، ‫) ﺍﻟﺘﻨﻘﻴﺏ ﻋﻥ ﻭﺘﻘﻴﻴﻡ ﺍﻟﻤﻭﺍﺭﺩ ﺍﻟﺘﻌﺩﻴﻨﻴﺔ‬٣٦( ‫ﻭﻤﻌﻴﺎﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬، ‫) ﺍﻻﺴـﺘﺜﻤﺎﺭ ﺍﻟﻌﻘـﺎﺭﻱ‬٣٤( ‫ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬
Fixed Assets and Depreciation, Egyptian Accounting Standard No. (23) Intangible Assets, and Egyptian ‫ﺘﻘﻴﻴﻡ ﻫﺫﻩ ﺍﻷﺼﻭل ﻓﻲ ﺍﻟﺴﻨﻭﺍﺕ ﺍﻟﻼﺤقة‬
Accounting Standard No. (34) Investment Property. Egyptian Accounting Standard No. (36) Exploration
for and Evaluation of Mineral Resources."These assets shall not be revalued in subsequent years.**

If the entity has foreign branches, subsidiaries, sister companies, or joint ventures whose financial ‫ﻭ ﻓﻴﻤﺎ ﻴﺨﺹ ﺍﻟﻜﻴﺎﻨﺎﺕ ﺍﻷﺠﻨﺒﻴﺔ ﺍﻟﺘﺎﺒﻌﺔ ﺃﻭ ﺍﻟﺸﻘﻴﻘﺔ ﺃﻭ ﺫﺍﺕ ﺍﻟﺴﻴﻁﺭﺓ ﺍﻟﻤﺸﺘﺭﻜﺔ ﺍﻟﺘﻲ ﺘﻌﺩ ﻗﻭﺍﺌﻤﻬﺎ ﺍﻟﻤﺎﻟﻴﺔ ﺒﻌﻤﻠﺔ ﺃﺠﻨﺒﻴﺔ ﻭﺍﻟﺘﻲ ﺘﻌﻤل ﻓﻲ ﺍﻗﺘـﺼﺎﺩ ﺫﻱ‬
statements are denominated in a foreign currency and operate in an economy with hyperinflation, and a ‫ ﻓﻘﺩ ﻴﻜﻭﻥ ﻤﻥ‬، ‫ﺘـﻀﺨﻡ ﻤﻔﺭﻁ ﻭﺍﻟﺘﻲ ﻗﺩ ﻻ ﻴﺘﻭﻓﺭ ﻤﺅﺸﺭ ﺃﺴﻌﺎﺭ ﻋﺎﻡ ﻷﺤﺩ ﺍﻟﻌﻤﻼﺕ ﻟﻠﻔﺘﺭﺍﺕ ﺍﻟﺘﻲ ﻴﻜﻭﻥ ﻤﻁﻠﻭﺏ ﻓﻴﻬﺎ ﺘﻌﺩﻴل ﺍﻷﺼﻭل ﺍﻟﺜﺎﺒﺘﺔ‬
general price index for the relevant periods is not available, it may be necessary to use an estimate based ‫ﺍﻟﻀﺭﻭﺭﻱ ﺍﺴﺘﺨﺩﺍﻡ ﺘﻘﺩﻴﺭ ﻴﻌﺘﻤﺩ ﻋﻠﻰ ﺴﺒﻴل ﺍﻟﻤﺜﺎل ﻋﻠﻰ ﺘﺤﺭﻜﺎﺕ ﺴﻌﺭ ﺍﻟﺼﺭﻑ ﺒﻴﻥ ﻋﻤﻠﺔ ﺍﻟﻘﻴﺩ ﻭﻋﻤﻠـﺔ ﺃﺠﻨﺒﻴﺔ ﻤﺴﺘﻘﺭﺓ ﻨﺴﺒﻴﺎ ﻜﺒﺩﻴل ﻟﻤﺅﺸﺭ‬
on factors such as exchange rate movements between the functional currency and a relatively stable . ‫ﺍﻷﺴﻌﺎﺭ ﺃﻭ ﻤﻌﺩل ﺍﻟﺘﻀﺨﻡ‬
foreign currency as a substitute for the price index or inflation rate.

The amounts of non-monetary assets that are revalued to fair value at dates other than the acquisition ‫ﻴﺠﺏ ﺘﻌﺩﻴل ﻤﺒﺎﻟﻎ ﺍﻷﺼﻭل ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﻏﻴﺭ ﺍﻟﻨﻘﺩﻴﺔ ﺍﻟﺘﻲ ﻴﺘﻡ ﺇﻋﺎﺩﺓ ﺘﻘﻴﻴﻤﻬـﺎ ﺇﻟﻰ ﺍﻟﻘﻴﻤﺔ ﺍﻟﻌﺎﺩﻟﺔ ﻓﻲ ﺘﻭﺍﺭﻴﺦ ﺘﺨﺘﻠﻑ ﻋﻥ ﺘﺎﺭﻴﺦ ﺍﻻﻗﺘﻨـﺎﺀ ﻭﺘﺨﺘﻠـﻑ‬
date and the date of the financial statements (such as revaluations of fixed assets in accordance with ‫ ﻭﻴﺠﺏ ﺘﻌﺩﻴﻠﻬﺎ ﺇﻟﻰ ﻭﺤﺩﺓ‬، )١٠(( ‫ ﻤﺜل ﺇﻋﺎﺩﺓ ﺘﻘﻴﻴﻡ ﺍﻷﺼﻭل ﺍﻟﺜﺎﺒﺘﺔ ﺒﻤﻭﺠﺏ ﻤﻌﻴـﺎﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬، ‫ﻜـﺫﻟﻙ ﻋﻥ ﺘﺎﺭﻴﺦ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ‬
Egyptian Accounting Standard No. 10) shall be adjusted to the current measurement unit from the date of ‫ ﻭﺘﺘﻡ ﺍﻟﻤﺤﺎﺴﺒﺔ ﻋﻥ ﺍﻟﻔﺭﻕ ﺒﻴﻥ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﻌـﺩل ﻭﺍﻟﻘﻴﻤـﺔ ﺍﻟﻌﺎﺩﻟﺔ )ﺒﺎﻓﺘﺭﺍﺽ ﻋﺩﻡ ﻭﺠﻭﺩ ﺇﻀﺎﻓﺎﺕ ﺃﻭ‬، ‫ﺍﻟﻘﻴﺎﺱ ﺍﻟﺠﺎﺭﻴﺔ ﻤﻥ ﺘﺎﺭﻴﺦ ﺇﻋﺎﺩﺓ ﺍﻟﺘﻘﻴﻴﻡ‬
revaluation. The difference between the adjusted amount and the fair value (assuming no additions or ‫ﺍﺴـﺘﺒﻌﺎﺩﺍﺕ( ﻋﻠـﻰ ﺃﻨـﻪ ﺯﻴـﺎﺩﺓ ﺃﻭ ﺍﻨﺨﻔﺎﺽ ﻓﻲ ﺇﻋﺎﺩﺓ ﺍﻟﺘﻘﻴﻴﻡ ﻭﻓﻘﺎ ﻟﻠﻤﻌﻴﺎﺭ ﺍﻟﻤﻌﻤﻭل ﺒﻪ ﻭﻋﻠﻰ ﺴـﺒﻴل ﺍﻟﻤﺜـﺎل ﻓﻲ ﺤﺎﻟﺔ ﺍﻻﺴﺘﺜﻤﺎﺭﺍﺕ ﻓﻲ ﺃﺩﻭﺍﺕ ﺤﻘﻭﻕ‬
disposals) shall be recognized as an increase or decrease in revaluation surplus in accordance with the ‫ ﺴﻴﺘﻡ ﺍﻻﻋﺘﺭﺍﻑ ﺒﺎﻟﻔﺭﻕ ﻓﻲ‬، ‫ ﻋﺭﺽ ﺘﻐﻴﻴﺭﺍﺕ ﺍﻟﻘﻴﻤﺔ ﺍﻟﻌﺎﺩﻟﺔ ﻓﻲ ﺍﻟﺩﺨل ﺍﻟﺸﺎﻤل ﺍﻵﺨﺭ‬- ‫ﺒﺸﻜل ﻻ ﺭﺠﻌﺔ ﻓﻴﻪ‬- ‫ ﺍﻟﺘﻲ ﺍﺨﺘـﺎﺭﺕ ﺍﻟﻤﻨـﺸﺄﺓ‬، ‫ﺍﻟﻤﻠﻜﻴﺔ‬
applicable standard. For example, in the case of investments in equity instruments where the entity has . )٤٧( ‫ﺍﻟﺩﺨل ﺍﻟﺸﺎﻤل ﺍﻵﺨﺭ ﻭﻓﻘـﺎ ﻟﻤﻌﻴـﺎﺭ ﺍﻟﻤﺤﺎﺴـﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬
irrevocably elected to present fair value changes in other comprehensive income, the difference shall be
recognized in other comprehensive income in accordance with Egyptian Accounting Standard No. 47.
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• Financial Statements
• Statement of Financial Position (Balance Sheet)
Non-monetary assets such as fixed assets, goodwill, patents, trademarks, and similar assets that have been ‫ ﻤﺜل ﺍﻷﺼـﻭل ﺍﻟﺜﺎﺒﺘـﺔ ﻭﺍﻟـﺸﻬﺭﺓ ﻭﺒﺭﺍﺀﺍﺕ ﺍﻻﺨﺘﺭﺍﻉ ﻭﺍﻟﻌﻼﻤﺎﺕ ﺍﻟﺘﺠﺎﺭﻴﺔ ﺍﻟﺘﻲ ﺘﻡ ﺘﻌﺩﻴﻠﻬﺎ ﻭﻓﻘﹰﺎ ﻟﻬـﺫﺍ‬، ‫ﺘﻅل ﺍﻷﺼﻭل ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﻏﻴﺭ ﺍﻟﻨﻘﺩﻴﺔ‬
adjusted in accordance with this Standard are subject to impairment testing. If the adjusted amount exceeds the ‫ ﻭﺇﺫﺍ ﻜﺎﻥ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﻌﺩل ﺃﻜﺒﺭ ﻤﻥ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻘﺎﺒل ﻟﻠﺘﺤﻘﻕ ﻟﻸﺼل ﻭﻓﻘﺎ ﻟﻤﻌﺎﻴﻴﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻴﺔ‬. ‫ﺍﻟﻤﻌﻴـﺎﺭ ﺨﺎﻀﻌﺔ ﻟﺘﻘﻴﻴﻡ ﺍﻻﻀﻤﺤﻼل ﻓﻲ ﺍﻟﻘﻴﻤﺔ‬
recoverable amount of the asset in accordance with the relevant Egyptian Accounting Standards, the asset shall be ‫ ﺤﺘﻰ ﺇﺫﺍ ﻟﻡ ﻴﻜﻥ ﻫﻨﺎﻙ ﺤﺎﺠﺔ ﻟﺘﻘﻴﻴﻡ ﺍﻀﻤﺤﻼل ﻗﻴﻤﺔ ﺍﻷﺼل ﻓﻲ ﺍﻟﻘﻭﺍﺌﻡ‬، ‫ ﻴـﺘﻡ ﺨﻔﺽ ﻗﻴﻤﺔ ﺍﻷﺼل ﺇﻟﻰ ﺼﺎﻓﻲ ﺍﻟﻘﻴﻤﺔ ﺍﻟﻘﺎﺒﻠﺔ ﻟﻠﺘﺤﻘﻕ‬، ‫ﺫﺍﺕ ﺍﻟﻌﻼﻗـﺔ‬
written down to its recoverable amount, even if there is no need to assess impairment of the asset based on . ‫ ﻭﻴﺘﻡ ﺍﻻﻋﺘﺭﺍﻑ ﺒﺄﻱ ﻤﺨﺼﺹ ﺍﻀﻤﺤﻼل ﻓﻲ ﺍﻟﻘﻴﻤﺔ ﻜﻤـﺼﺭﻭﻑ ﻓﻲ ﺍﻷﺭﺒﺎﺡ ﺃﻭ ﺍﻟﺨﺴﺎﺌﺭ‬. ‫ﺍﻟﻤﺎﻟﻴﺔ ﻋﻠﻰ ﺃﺴـﺎﺱ ﺍﻟﺘﻜﻠﻔـﺔ ﺍﻟﺘﺎﺭﻴﺨﻴﺔ‬
historical cost. Any impairment loss shall be recognized as an expense in profit or loss.

When an entity makes an investment in another entity that is accounted for using the equity method, and the ‫ ﺒﺈﻋﺩﺍﺩ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻟﻬﺎ ﺒﻌﻤﻠﺔ ﺍﻗﺘﺼﺎﺩ ﺫﻱ ﺘﻀﺨﻡ ﻤﻔﺭﻁ‬، ‫ﻗﺩ ﺘﻘﻭﻡ ﺍﻟﻤﻨﺸﺄﺓ ﺍﻟﻤﺴﺘﺜﻤﺭ ﻓﻴﻬﺎ ﺍﻟﺘﻲ ﺘﺘﻡ ﺍﻟﻤﺤﺎﺴﺒﺔ ﻋﻨﻬﺎ ﺒﺎﺴﺘﺨﺩﺍﻡ ﻁﺭﻴﻘﺔ ﺤﻘﻭﻕ ﺍﻟﻤﻠﻜﻴﺔ‬
invested-in entity prepares its financial statements in the currency of an economy with hyperinflation, the invested-in ‫ ﻭﻴﺠـﺏ ﻭﻓﻘﹰﺎ ﻟﻬﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﺘﻌﺩﻴل ﻗﺎﺌﻤﺔ ﺍﻟﻤﺭﻜﺯ ﺍﻟﻤﺎﻟﻲ ﻭﻗﺎﺌﻤﺔ ﺍﻷﺭﺒـﺎﺡ ﺃﻭ ﺍﻟﺨـﺴﺎﺌﺭ ﻭﻗﺎﺌﻤﺔ ﺍﻟﺩﺨل ﺍﻟﺸﺎﻤل ﻟﻤﺜل ﻫﺫﺍ ﺍﻟﻤﻨﺸﺄﺓ ﺍﻟﻤﺴﺘﺜﻤﺭ ﻓﻴﻬﺎ ﻤﻥ‬،
entity must adjust its financial statements in accordance with this Standard before calculating the investor's share of ‫ ﻭﺇﺫﺍ ﻜﺎﻥ ﻴـﺘﻡ ﻋﺭﺽ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﻤﻌﺩﻟﺔ ﻟﻠﻤﻨﺸﺄﺓ ﺍﻟﻤﺴﺘﺜﻤﺭ‬، ‫ﺃﺠل ﺤﺴﺎﺏ ﻨﺼﻴﺏ ﺍﻟﻤﻨﺸﺄﺓ ﺍﻟﻤﺴﺘﺜﻤﺭﺓ ﻓﻲ ﺼﺎﻓﻲ ﺃﺼﻭﻟﻬﺎ ﻭﺭﺒﺤﻬﺎ ﺃﻭ ﺨﺴﺎﺭﺘﻬﺎ‬
its net assets and profit or loss. If the adjusted financial statements of the invested-in entity are presented in a foreign ‫ ﻴـﺘﻡ ﺘﺭﺠﻤﺘﻬﺎ ﺒﺄﺴﻌﺎﺭ ﺍﻹﻗﻔﺎل‬، ‫ﻓﻴﻬﺎ ﺒﻌﻤﻠـﺔ ﺃﺠﻨﺒﻴـﺔ‬
currency, they must be translated using the closing rates.

The impact of inflation on borrowing costs is reflected in the fact that it is not appropriate to adjust capital ، ‫ ﻓﻤﻥ ﻏﻴﺭ ﺍﻟﻤﻨﺎﺴﺏ ﺘﻌﺩﻴل ﺍﻟﻨﻔﻘﺎﺕ ﺍﻟﺭﺃﺴﻤﺎﻟﻴﺔ ﺍﻟﺘﻲ ﻴﺘﻡ ﺘﻤﻭﻴﻠﻬﺎ ﻋﻥ ﻁﺭﻴﻕ ﺍﻻﻗﺘﺭﺍﺽ‬، ‫ﺤﻴﺙ ﻴﻨﻌﻜﺱ ﺘﺄﺜﻴﺭ ﺍﻟﺘﻀﺨﻡ ﻓﻲ ﺘﻜﺎﻟﻴﻑ ﺍﻻﻗﺘﺭﺍﺽ‬
expenditures financed through borrowing and to capitalize the portion of borrowing costs that compensates for ‫ ﻭﻴﺘﻡ ﺇﺜﺒﺎﺕ ﻫﺫﺍ ﺍﻟﺠﺯﺀ ﻤﻥ ﺘﻜﺎﻟﻴﻑ ﺍﻻﻗﺘﺭﺍﺽ ﻋﻠﻰ ﺃﻨﻪ‬، ‫ﻭﺭﺴـﻤﻠﺔ ﺫﻟـﻙ ﺍﻟﺠﺯﺀ ﻤﻥ ﺘﻜﺎﻟﻴﻑ ﺍﻻﻗﺘﺭﺍﺽ ﺍﻟﺫﻱ ﻴﻌﻭﺽ ﻋﻥ ﺍﻟﺘﻀﺨﻡ ﺨﻼل ﻨﻔﺱ ﺍﻟﻔﺘـﺭﺓ‬
inflation during the same period. This portion of borrowing costs should be recognized as an expense in the period in . ‫ﻤﺼﺭﻭﻑ ﻓﻲ ﺍﻟﻔﺘـﺭﺓ ﺍﻟﺘﻲ ﻴﺘﻡ ﻓﻴﻬﺎ ﺘﻜﺒﺩ ﺍﻟﺘﻜﺎﻟﻴﻑ‬
which the costs are incurred.

The amounts recognized as differences within the cost of assets, which were permitted by the addendum to Egyptian ‫) ﻓـﻲ ﺃﻭﻗـﺎﺕ‬١٣( ‫ﻴﺠﺏ ﺃﻥ ﻴﺘﻡ ﺇﻟﻐﺎﺀ ﻤﺎ ﺘﻡ ﺍﻻﻋﺘﺭﺍﻑ ﺒﻪ ﻤﻥ ﺍﻟﻔﺭﻭﻕ ﻀﻤﻥ ﺘﻜﻠﻔﺔ ﺍﻷﺼﻭل ﺍﻟﺘﻲ ﺴﻤﺤﺕ ﻤﻼﺤﻕ ﻤﻌﻴﺎﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬
Accounting Standard No. (13) at specific times and under certain conditions, to be recognized within the cost of ‫ﻤﺤـﺩﺩﺓ ﻭﺒﺸﺭﻭﻁ ﻤﻌﻴﻨﺔ ﺒﺎﻻﻋﺘﺭﺍﻑ ﺒﻬﺎ ﻀﻤﻥ ﺘﻜﻠﻔﺔ ﺍﻷﺼﻭل ﺍﻟﻤﺸﺘﺭﺍﺓ ﺒﻌﻤﻠﺔ ﺃﺠﻨﺒﻴـﺔ ﻭﺫﻟﻙ ﺒﺎﻟﻔﺭﻭﻕ ﺍﻟﻨﺎﺘﺠﺔ ﻋﻥ ﺘﺨﻔﻴﺽ ﺴﻌﺭ ﺍﻟﺼﺭﻑ ﻟﻠﻌﻤﻠﺔ‬
assets acquired in a foreign currency due to the depreciation of the local currency against foreign currencies, should ‫ ﻭﻴﺘﻡ‬، ‫) ﻴﺘﻡ ﺘﻌﺩﻴل ﻤﺒﺎﻟﻎ ﺒﻨﻭﺩ ﺘﻠﻙ ﺍﻷﺼﻭل ﻭﻓﻘﹰﺎ ﻟﻬﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ‬٥١( ‫ ﻭﻋﻨﺩ ﺘﻁﺒﻴﻕ ﻤﻌﻴﺎﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬، ‫ﺍﻟﻤﺤﻠﻴﺔ ﺃﻤﺎﻡ ﺍﻟﻌﻤﻼﺕ ﺍﻷﺠﻨﺒﻴﺔ‬
be reversed when applying Egyptian Accounting Standard No. (51). These amounts should be recognized as an ‫ ﻴﺘﻡ ﺘﻌﺩﻴل‬، ‫ ﻭﺇﺫﺍ ﻜﺎﻨﺕ ﺍﻟﻔﺘﺭﺓ ﺍﻟﺘﻲ ﺤﺩﺜﺕ ﻓﻴﻬﺎ ﻫﺫﻩ ﺍﻟﻔﺭﻭﻕ ﻏﻴﺭ ﻤﻌﺭﻭﻀـﺔ ﻀﻤﻥ ﺃﺭﻗﺎﻡ ﺍﻟﻤﻘﺎﺭﻨﺔ‬، ‫ﺘﺤﻤﻴﻠﻬﺎ ﻜﻤﺼﺭﻭﻑ ﻓﻲ ﺍﻟﻔﺘﺭﺓ ﺍﻟﺘﻲ ﻨﺸﺄﺕ ﻓﻴﻬﺎ‬
expense in the period in which they arose. If the period in which these differences occurred is not presented in the
‫ﺍﻷﺭﺒﺎﺡ ﺍﻟﻤﺭﺤﻠـﺔ ﺍﻻﻓﺘﺘﺎﺤﻴـﺔ ﻷﻭل ﻓﺘـﺭﺓ ﻤﻌﺭﻭﻀﺔ ﺒﻬﺎ‬
comparative figures, the opening retained earnings for the first period presented should be adjusted.

The effect of the adjustments made to assets and equity under Addendum (1) to Egyptian Accounting Standard No. ‫ ﺍﻟـﺼﺎﺩﺭ ﻓـﻲ‬، )١٣( ‫ﻴﺘﻡ ﺇﻟﻐﺎﺀ ﺃﺜﺭ ﺍﻟﺘﻌﺩﻴﻼﺕ ﺍﻟﺘﻲ ﺃﺠﺭﺘﻬﺎ ﻋﻠﻰ ﺍﻷﺼﻭل ﻭﻋﻠﻰ ﺤﻘـﻭﻕ ﺍﻟﻤﻠﻜﻴـﺔ ﺒﻤﻭﺠﺏ ﻤﻠﺤﻕ )ﺃ( ﻟﻤﻌﻴﺎﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬
(13), issued on February 7, 2017, before adjusting the amounts of asset items in accordance with this Standard and ‫ ﻭﺫﻟﻙ ﻋﻠﻰ ﺍﻟﻤﻨﺸﺂﺕ‬، ‫ ﻤﻥ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ‬٢٦" " ‫ ﻗﺒل ﺘﻌﺩﻴل ﻤﺒﺎﻟﻎ ﺒﻨﻭﺩ ﺍﻷﺼﻭل ﻭﻓﻘﹰﺎ ﻟﻬﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﺒﺎﻹﻀـﺎﻓﺔ ﻟﻤﺘﻁﻠﺒﺎﺕ ﺍﻟﻔﻘﺭﺓ‬، ٢٠١٧ ‫ ﻓﺒﺭﺍﻴﺭ‬٧
the requirements of paragraph "15" of this Standard, should be reversed for entities that chose to apply the modified ‫ﺍﻟﺘﻲ ﺍﺨﺘـﺎﺭﺕ ﺘﻁﺒﻴﻕ ﻨﻤﻭﺫﺝ ﺍﻟﺘﻜﻠﻔﺔ ﺍﻟﻤﻌﺩﻟﺔ ﺍﻟﻭﺍﺭﺩ ﻓﻲ ﺍﻟﻤﻠﺤﻕ ﺍﻟﻤﺸﺎﺭ ﺇﻟﻴه‬
cost model included in the aforementioned addendum.

‫ﻴﺘﻡ ﺘﻌﺩﻴل ﺍﻷﺼﻭل ﺍﻟﻤﻘﺘﻨﺎﺓ ﺒﻤﻭﺠﺏ ﺘﺭﺘﻴﺏ ﻴﺴﻤﺢ ﻟﻬﺎ ﺒﺘﺄﺠﻴل ﺍﻟﺩﻓﻊ ﺒﺩﻭﻥ ﺘﺤﻤل‬
Assets acquired under an arrangement that allows for deferred payment without incurring explicit interest costs
should be adjusted from the date of payment, not the date of purchase. . ‫ ﻭﺫﻟﻙ ﻤﻥ ﺘﺎﺭﻴﺦ ﺍﻟﺩﻓﻊ ﻭﻟﻴﺱ ﻤﻥ ﺘﺎﺭﻴﺦ ﺍﻟﺸﺭﺍﺀ‬، ‫ﻋﺏﺀ ﻓﺎﺌﺩﺓ ﺼﺭﻴﺤﺔ‬
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• Equity

In the initial application period of this standard: (a) Equity components, excluding accumulated ‫ ﺒﺎﺴﺘﺜﻨﺎﺀ ﺍﻷﺭﺒﺎﺡ ﺃﻭ ﺍﻟﺨﺴﺎﺌﺭ ﺍﻟﻤﺭﺤﻠﺔ ﻭﺃﻱ‬، ‫ ) ﺃ ( ﻴﺘﻡ ﺘﻌﺩﻴل ﻤﻜﻭﻨﺎﺕ ﺤﻘﻭﻕ ﺍﻟﻤﻠﻜﻴﺔ‬: ‫ﻓﻲ ﺒﺩﺍﻴﺔ ﺃﻭل ﻓﺘﺭﺓ ﻴﺘﻡ ﻓﻴﻬﺎ ﺘﻁﺒﻴﻕ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ‬
profits or losses and any revaluation surplus, shall be adjusted by applying a price index from ‫ ﻭﻴﺘﻡ ﺇﻟﻐﺎﺀ ﺃﻱ ﻓﺎﺌﺽ ﺇﻋﺎﺩﺓ ﺘﻘﻴﻴﻡ ﻨﺸﺄ ﻓـﻲ‬. ‫ ﻭﺫﻟﻙ ﺒﺘﻁﺒﻴﻕ ﻤﺅﺸﺭ ﺃﺴﻌﺎﺭ ﻤﻥ ﺍﻟﺘﻭﺍﺭﻴﺦ ﺍﻟﺘﻲ ﺘﻡ ﻓﻴﻬﺎ ﺍﻻﻋﺘﺭﺍﻑ ﺒﻬﺎ‬، ‫ﻓﺎﺌﺽ ﺇﻋﺎﺩﺓ ﺘﻘﻴﻴﻡ‬
the dates on which they were recognized. Any revaluation surplus arising in prior periods shall . (‫) ﻋﻠﻰ ﺭﺃﺱ ﺍﻟﻤﺎل‬٥١( ‫ ﻭﻴﺘﻡ ﻋﺭﺽ ﻓﺭﻕ ﺘﻌﺩﻴل ﻤﻜﻭﻨﺎﺕ ﺤﻘﻭﻕ ﺍﻟﻤﻠﻜﻴﺔ ﻓﻲ ﺒﻨﺩ ﻤـﺴﺘﻘلﺃﺜﺭ ﺘﻁﺒﻴﻕ ﻤﻌﻴﺎﺭ‬، ‫ﺍﻟﻔﺘـﺭﺍﺕ ﺍﻟﺴﺎﺒﻘﺔ‬
be eliminated, and the difference arising from the adjustment of equity components shall be
presented in a separate line item as ‘Effect of applying Standard (51) on equity’. ’.

(b) The cumulative adjustment arising from the adjustment of other financial statement items )٥١( ‫( ﻴﺘﻡ ﺇﺩﺭﺍﺝ ﺍﻟﻤﻜﻤل ﺍﻟﺤﺴﺎﺒﻲ ﺍﻟﻨﺎﺘﺞ ﻤﻥ ﺘﻌﺩﻴل ﺒﺎﻗﻲ ﺒﻨﻭﺩ ﺍﻟﻘـﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴـﺔ ﻓﻲ ﺒﻨﺩ ﻤﺴﺘﻘل ﻀﻤﻥ ﺤﻘﻭﻕ ﺍﻟﻤﻠﻜﻴﺔ )ﺃﺜﺭ ﺘﻁﺒﻴﻕ ﻤﻌﻴﺎﺭ‬
shall be presented in a separate line item within equity as ‘Effect of applying Standard )51( on . (‫ﻋﻠﻰ ﺍﻷﺭﺒﺎﺡ ﺃﻭ ﺍﻟﺨﺴﺎﺌﺭ ﺍﻟﻤﺭﺤﻠﺔ ﻭﺍﻻﺤﺘﻴﺎﻁﻴﺎﺕ ﺍﻷﺨﺭﻯ‬
retained earnings, accumulated losses, and other reserves

At the end of the initial period and in subsequent periods, all components of shareholders’ equity ‫ ﻴﺘﻡ ﺘﻌﺩﻴل ﺠﻤﻴﻊ ﻤﻜﻭﻨﺎﺕ ﺤﻘـﻭﻕ ﺍﻟﻤﺴﺎﻫﻤﻴﻥ ﻤﻥ ﺨﻼل ﺘﻁﺒﻴﻕ ﻤﺅﺸﺭ ﺃﺴﻌﺎﺭ ﻋﺎﻡ ﻤـﻥ‬، ‫ﻓﻲ ﻨﻬﺎﻴﺔ ﺍﻟﻔﺘﺭﺓ ﺍﻷﻭﻟﻰ ﻭﻓﻲ ﺍﻟﻔﺘﺭﺍﺕ ﺍﻟﻼﺤﻘﺔ‬
shall be adjusted by applying a general price index from the beginning of the period or the date ‫ ﻭﻴﺘﻡ ﺍﻹﻓﺼﺎﺡ ﻋﻥ ﺍﻟﺘﻐﻴـﺭﺍﺕ ﺨـﻼل ﺍﻟﻔﺘـﺭﺓ‬، ‫ ﺇﺫﺍ ﻜﺎﻥ ﺫﻟﻙ ﻻﺤﻘﺎ‬، ‫ﺒﺩﺍﻴـﺔ ﺍﻟﻔﺘـﺭﺓ ﺃﻭ ﺘـﺎﺭﻴﺦ ﺍﻻﻋﺘﺭﺍﻑ‬
of recognition, if later. Changes in equity during the period shall be disclosed in accordance with ‫) ﺍﻟﻨﺎﺘﺠﺔ ﺒﻨﻔﺱ ﺍﻟﻁﺭﻴﻘﺔ ﺍﻟﻤﺘﺒﻌﺔ ﻓﻲ‬٥١( ‫ ﻭﻴﺘﻡ ﻋﺭﺽ ﺃﺜـﺭ ﺘﻁﺒﻴﻕ ﻤﻌﻴﺎﺭ‬، )١( ‫ﻓﻲ ﺤﻘﻭﻕ ﺍﻟﻤﻠﻜﻴﺔ ﻭﻓﻘﺎ ﻟﻤﻌﻴﺎﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬
Egyptian Accounting Standard No. (1), and the effect of applying Standard (51) shall be . "٢٩" ‫ﺍﻟﻔﻘﺭﺓ‬
presented in the same manner as in paragraph 29.

When adjusting equity in accordance with paragraphs 29 and 30, the effects of applying ‫) ﺍﻟﻤﺒﻭﺒﺔ ﻀﻤﻥ ﺤﻘﻭﻕ‬٥١( ‫ ﻻ ﻴﺠﻭﺯ ﺍﻟﺘﺼﺭﻑ ﻓﻲ ﺁﺜﺎﺭ ﺘﻁﺒﻴﻕ ﻤﻌﻴﺎﺭ‬، "٣٠" ‫" ﻭﺍﻟﻔﻘﺭﺓ‬٢٩" ‫ﻋﻨﺩ ﺘﻌﺩﻴل ﺤﻘﻭﻕ ﺍﻟﻤﻠﻜﻴﺔ ﻭﻓﻘﺎ ﻟﻠﻔﻘﺭﺓ‬
Standard (51) included in equity shall not be dealt with by distribution, capital adjustment, or any ‫ ﺇﻻ ﻭﻓﻘﺎ ﻟﻠﻘﻭﺍﻋﺩ ﺍﻟﺘﻲ ﻴـﺼﺩﺭﻫﺎ ﺭﺌـﻴﺱ ﻤﺠﻠﺱ ﺍﻟﻭﺯﺭﺍﺀ ﺃﻭ ﻤﻥ ﻴﻨﻴﺒﻪ ﻓﻲ‬، ‫ﺍﻟﻤﻠﻜﻴﺔ ﺒﺎﻟﺘﻭﺯﻴﻊ ﺃﻭ ﺘﻌﺩﻴل ﺭﺃﺱ ﺍﻟﻤﺎل ﺃﻭ ﺃﻱ ﺼﻭﺭﺓ ﺃﺨﺭﻯ‬
other means, except in accordance with the rules issued by the Prime Minister or his deputy in ‫ﻫﺫﺍ ﺍﻟﺸﺄﻥ‬
this regard."
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• Income Statement and Statement of Comprehensive Income

This standard requires the adjustment of all items in the income statement ‫ﻴﺘﻁﻠﺏ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﺃﻥ ﻴﺘﻡ ﺘﻌﺩﻴل ﺠﻤﻴﻊ ﺍﻟﺒﻨﻭﺩ ﻓﻲ ﻗﺎﺌﻤﺔ ﺍﻷﺭﺒﺎﺡ ﺃﻭ ﺍﻟﺨـﺴﺎﺌﺭ ﻭﻗﺎﺌﻤﺔ ﺍﻟﺩﺨل ﺍﻟﺸﺎﻤل ﺒﻭﺤﺩﺓ‬
and statement of comprehensive income using the current measurement ‫ ﻴﺠﺏ ﺇﻋﺎﺩﺓ ﺘﻘﻴﻴﻡ ﺠﻤﻴﻊ ﺍﻟﻤﺒﺎﻟﻎ ﻤﻥ ﺨﻼل ﺘﻁﺒﻴﻕ ﺍﻟﺘﻐﻴﺭ‬، ‫ ﻭﻟﺫﻟﻙ‬، ‫ﺍﻟﻘﻴﺎﺱ ﺍﻟﺠﺎﺭﻴﺔ ﻓﻲ ﻨﻬﺎﻴﺔ ﻓﺘﺭﺓ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴـﺔ‬
unit at the end of the reporting period. To achieve this, all amounts must ‫ﻓﻲ ﻤﺅﺸـﺭ ﺍﻷﺴﻌﺎﺭ ﺍﻟﻌﺎﻡ ﻤﻥ ﺍﻟﺘﻭﺍﺭﻴﺦ ﺍﻟﺘﻲ ﺘﻡ ﻓﻴﻬﺎ ﺘﺴﺠﻴل ﺒﻨﻭﺩ ﺍﻹﻴﺭﺍﺩﺍﺕ ﻭﺍﻟﻤﺼﺭﻭﻓﺎﺕ ﻷﻭل ﻤﺭﺓ ﻓﻲ ﺍﻟﻘﻭﺍﺌﻡ‬
be restated by applying the change in the general price index from the . ‫ﺍﻟﻤﺎﻟﻴﺔ‬
dates on which the items of income and expense were initially recognized
in the financial statements

The income statement and comprehensive income statement prepared ‫ ﻗﺒل ﺘﻌﺩﻴﻠﻬﺎ ﺒﺸﻜل‬- ‫ﺘﻌﺭﺽ ﻗﺎﺌﻤﺔ ﺍﻷﺭﺒﺎﺡ ﺃﻭ ﺍﻟﺨﺴﺎﺌﺭ ﻭﻗﺎﺌﻤﺔ ﺍﻟﺩﺨل ﺍﻟﺸﺎﻤل ﺍﻟﺘﻲ ﻴﺘﻡ ﺇﻋﺩﺍﺩﻫﺎ ﺒﺎﺴـﺘﺨﺩﺍﻡ ﺍﻟﺘﻜﻠﻔﺔ ﺍﻟﺠﺎﺭﻴﺔ‬
using the current cost basis generally reflect the current costs at the time ‫ ﻭﻴﺘﻡ ﺘﺴﺠﻴل ﺘﻜﻠﻔﺔ ﺍﻟﻤﺒﻴﻌﺎﺕ ﻭﺍﻻﺴﺘﻬﻼﻙ ﺒﺎﻟﺘﻜﻠﻔـﺔ‬. ‫ﻋﺎﻡ ﺍﻟﺘﻜﺎﻟﻴﻑ ﺍﻟﺠﺎﺭﻴﺔ ﻓﻲ ﺍﻟﻭﻗﺕ ﺍﻟﺫﻱ ﺤـﺩﺜﺕ ﻓﻴﻪ ﺍﻟﻤﻌﺎﻤﻼﺕ‬
the transactions occurred. The cost of sales and depreciation are recorded ، ‫ ﻟﺫﻟﻙ‬. ‫ﺍﻟﺠﺎﺭﻴـﺔ ﻓـﻲ ﻭﻗﺕ ﺍﻻﺴﺘﻬﻼﻙ؛ ﺒﻴﻨﻤﺎ ﺘﹸﺴﺠل ﺍﻟﻤﺒﻴﻌﺎﺕ ﻭﺍﻟﻤﺼﺭﻭﻓﺎﺕ ﺍﻷﺨـﺭﻯ ﺒﺎﻟﻤﺒـﺎﻟﻎ ﺍﻟﻨﻘﺩﻴـﺔ ﻋﻨﺩ ﺤﺩﻭﺜﻬﺎ‬
at the current cost at the time of consumption, while sales and other ‫ﻴﺠﺏ ﺇﻋﺎﺩﺓ ﺘﻘﻴﻴﻡ ﺠﻤﻴﻊ ﺍﻟﻤﺒﺎﻟﻎ ﺇﻟﻰ ﻭﺤـﺩﺓ ﺍﻟﻘﻴـﺎﺱ ﺍﻟﺠﺎﺭﻴـﺔ ﻓﻲ ﻨﻬﺎﻴﺔ ﻓﺘﺭﺓ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻤﻥ ﺨﻼل ﺘﻁﺒﻴﻕ ﻤﺅﺸﺭ ﺃﺴﻌﺎﺭ‬
expenses are recorded at the cash amounts at the time of occurrence. . ‫ﻋﺎﻡ‬
Therefore, all amounts must be revalued to the current measurement unit
at the end of the reporting period by applying a general price index.
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• Gain or Losses on net Monetary Position

In periods of hyperinflation, an entity that holds a net monetary asset position relative to its net monetary ‫ ﺘﺘﻌﺭﺽ ﺍﻟﻤﻨﺸﺄﺓ ﺍﻟﺘﻲ ﺘﺤﺘﻔﻅ ﺒﺯﻴﺎﺩﺓ ﻓﻲ ﺍﻷﺼﻭل ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﺍﻟﻨﻘﺩﻴﺔ ﻤﻘﺎﺭﻨﺔ ﺒﺎﻻﻟﺘﺯﺍﻤﺎﺕ ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﺍﻟﻨﻘﺩﻴـﺔ ﻟﻔﻘـﺩ‬، ‫ﻓﻲ ﻓﺘﺭﺍﺕ ﺍﻟﺘﻀﺨﻡ ﺍﻟﻤﻔﺭﻁ‬
liability position experiences a loss of purchasing power, while an entity that holds a net monetary liability ‫ ﺒﻴﻨﻤﺎ ﺘﺤﻘﻕ ﺍﻟﻤﻨﺸﺄﺓ ﺍﻟﺘﻲ ﺘﻤﻠﻙ ﺯﻴﺎﺩﺓ ﻓﻲ ﺍﻻﻟﺘﺯﺍﻤﺎﺕ ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌـﺔ ﺍﻟﻨﻘﺩﻴﺔ ﻤﻘﺎﺭﻨﺔ ﺒﺎﻷﺼﻭل ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﺍﻟﻨﻘﺩﻴﺔ ﻤﻜﺴﺒﺎ ﻓﻲ ﺍﻟﻘﻭﺓ‬، ‫ﺍﻟﻘـﻭﺓ ﺍﻟﺸﺭﺍﺌﻴﺔ‬
position relative to its net monetary asset position gains purchasing power to the extent that the assets and ‫ ﻭﻴﻤﻜﻥ ﻗﻴﺎﺱ ﻫﺫﺍ ﺍﻟﻤﻜﺴﺏ ﺃﻭ ﺍﻟﺨﺴﺎﺭﺓ ﻤﻥ ﺼﺎﻓﻲ ﺍﻟﻤﺭﻜﺯ‬، ‫ﺍﻟﺸﺭﺍﺌﻴﺔ ﺇﻟـﻰ ﺍﻟﺤﺩ ﺍﻟﺫﻱ ﻻ ﺘﻜﻭﻥ ﻓﻴﻪ ﺍﻷﺼﻭل ﻭﺍﻻﻟﺘﺯﺍﻤﺎﺕ ﻤﺭﺘﺒﻁﺔ ﺒﻤـﺴﺘﻭﻯ ﺍﻷﺴـﻌﺎﺭ‬
liabilities are not linked to price levels. This gain or loss on the net monetary position can be measured ‫ ﻭﺍﻟﺒﻨﻭﺩ ﻓﻲ ﻗﺎﺌﻤﺔ ﺍﻷﺭﺒﺎﺡ ﺃﻭ ﺍﻟﺨﺴﺎﺌﺭ ﻭﻗﺎﺌﻤﺔ‬، ‫ ﻭﺤﻘﻭﻕ ﺍﻟﻤﻠﻜﻴﺔ‬، ‫ﺍﻟﻨﻘﺩﻱ ﻋﻠﻰ ﺃﺴﺎﺱ ﺍﻟﻔﺭﻕ ﺍﻟﻨﺎﺘﺞ ﻋﻥ ﺘﻌﺩﻴل ﺍﻷﺼﻭل ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﻏﻴﺭ ﺍﻟﻨﻘﺩﻴﺔ‬
based on the difference resulting from adjusting non-monetary assets, equity, and income statement and ‫ ﻭﻴﻤﻜﻥ ﺘﻘﺩﻴﺭ ﺍﻟﻤﻜﺴﺏ ﺃﻭ ﺍﻟﺨﺴﺎﺭﺓ ﻤﻥ ﺨﻼل ﺘﻁﺒﻴﻕ ﺍﻟﺘﻐﻴﺭ ﻓﻲ ﻤﺅﺸﺭ ﺍﻷﺴﻌﺎﺭ‬. ‫ ﻭﺘﻌﺩﻴل ﺍﻷﺼﻭل ﻭﺍﻻﻟﺘﺯﺍﻤﺎﺕ ﺍﻟﻤﺭﺘﺒﻁﺔ ﺒﺎﻟﻤﺅﺸﺭ‬، ‫ﺍﻟﺩﺨل ﺍﻟﺸﺎﻤل‬
comprehensive income statement items, and adjusting assets and liabilities linked to an index. The gain or . ‫ﺍﻟﻌﺎﻡ ﻋﻠﻰ ﺍﻟﻤﺘﻭﺴﻁ ﺍﻟﻤﺭﺠﺢ ﻟﻠﻔﺘﺭﺓ ﻟﻠﻔـﺎﺭﻕ ﺒﻴﻥ ﺍﻷﺼﻭل ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﺍﻟﻨﻘﺩﻴﺔ ﻭﺍﻻﻟﺘﺯﺍﻤﺎﺕ ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﺍﻟﻨﻘﺩﻴﺔ‬
loss can be estimated by applying the change in the general price index to the weighted average of the
period's difference between net monetary assets and net monetary liabilities.

The gain or loss arising from the net monetary position is recognized in profit or loss. An offset is made ‫ ﻭﻴﺘﻡ ﺇﺠﺭﺍﺀ ﻤﻘﺎﺼﺔ ﺒﻴﻥ ﺍﻟﺘﻌﺩﻴل ﻋﻠﻰ ﺍﻷﺼـﻭل‬. ‫ﻴﺘﻡ ﺇﺩﺭﺍﺝ ﺍﻟﺭﺒﺢ ﺃﻭ ﺍﻟﺨﺴﺎﺭﺓ ﺍﻟﻨﺎﺘﺠﺔ ﻤﻥ ﺼﺎﻓﻲ ﺍﻟﻤﺭﻜﺯ ﺍﻟﻨﻘﺩﻱ ﻓـﻲ ﺍﻟـﺭﺒﺢ ﺃﻭ ﺍﻟﺨﺴﺎﺭﺓ‬
between the adjustment to assets and liabilities linked to price change agreements, in accordance with ‫ ﻜﻤﺎ‬. ‫ ﻭﺒـﻴﻥ ﺍﻟﻤﻜـﺴﺏ ﺃﻭ ﺍﻟﺨﺴﺎﺭﺓ ﺍﻟﻨﺎﺘﺠﺔ ﻤﻥ ﺼﺎﻓﻲ ﺍﻟﻤﺭﻜﺯ ﺍﻟﻨﻘﺩﻱ‬، "١٦" ‫ ﻭﻓﻘﹰﺎ ﻟﻠﻔﻘﺭﺓ‬، ‫ﻭﺍﻻﻟﺘﺯﺍﻤـﺎﺕ ﺍﻟﻤﺭﺘﺒﻁﺔ ﺒﺎﺘﻔﺎﻗﻴﺎﺕ ﺘﻐﻴﺭﺍﺕ ﺍﻷﺴﻌﺎﺭ‬
paragraph 16, and the gain or loss arising from the net monetary position. Other income and expense ‫ ﻭﻓﺭﻭﻕ ﺃﺴﻌﺎﺭ ﺍﻟﺼﺭﻑ ﺍﻟﻤﺘﻌﻠﻘﺔ ﺒﺎﻷﻤﻭﺍل‬، ‫ ﻤﺜل ﺇﻴﺭﺍﺩﺍﺕ ﻭﻤﺼﺭﻭﻓﺎﺕ ﺍﻟﻔﻭﺍﺌﺩ‬، ‫ﺘﺭﺘﺒﻁ ﺒﺼﺎﻓﻲ ﺍﻟﻤﺭﻜـﺯ ﺍﻟﻨﻘﺩﻱ ﺒﻨﻭﺩ ﺍﻟﺩﺨل ﻭﺍﻟﻤﺼﺭﻭﻓﺎﺕ ﺍﻷﺨﺭﻯ‬
items, such as interest income and expense and foreign exchange differences related to invested or ‫ ﻓﻘﺩ ﻴﻜـﻭﻥ ﻤـﻥ ﺍﻟﻤﻔﻴﺩ ﺘﻘﺩﻴﻤﻬﺎ ﻤﻊ ﺍﻟﻤﻜﺴﺏ ﺃﻭ ﺍﻟﺨﺴﺎﺭﺓ‬، ‫ ﻋﻠـﻰ ﺍﻟﺭﻏﻡ ﻤﻥ ﺃﻨﻪ ﻴﺘﻡ ﺍﻹﻓﺼﺎﺡ ﻋﻥ ﻫﺫﻩ ﺍﻟﺒﻨﻭﺩ ﺒﺸﻜل ﻤﻨﻔﺼل‬. ‫ﺍﻟﻤﺴﺘﺜﻤﺭﺓ ﺃﻭ ﺍﻟﻤﻘﺘﺭﻀـﺔ‬
exposed funds, are also related to the net monetary position. Although these items are disclosed . ‫ﺍﻟﻨﺎﺘﺠﺔ ﻤﻥ ﺼﺎﻓﻲ ﺍﻟﻤﺭﻜﺯ ﺍﻟﻨﻘﺩﻱ ﻓﻲ ﻗﺎﺌﻤﺔ ﺍﻷﺭﺒﺎﺡ ﺃﻭ ﺍﻟﺨﺴﺎﺌﺭ ﻭﻗﺎﺌﻤﺔ ﺍﻟﺩﺨل ﺍﻟﺸﺎﻤل‬
separately, it may be useful to present them together with the gain or loss arising from the net monetary
position in the income statement and comprehensive income statement.

From the perspective of the entity’s financial statements, the entity may be able to calculate the gain or ‫ ﻷﺴﺒﺎﺏ‬. ‫ ﻭﻟﻜﻥ ﻗﺩ ﻴﻜﻭﻥ ﺫﻟﻙ ﻤﻜﻠﻔﹰﺎ ﺒﺩﺭﺠﺔ ﻜﺒﻴﺭﺓ‬، ‫ﻤﻥ ﺍﻟﻤﻤﻜﻥ ﺤﺴﺎﺏ ﺍﻟﺭﺒﺢ ﺃﻭ ﺍﻟﺨﺴﺎﺭﺓ ﺍﻟﻨﺎﺘﺠﺔ ﻋﻥ ﺼـﺎﻓﻲ ﺍﻟﻤﺭﻜـﺯ ﺍﻟﻨﻘـﺩﻱ ﺍﻟﻴﻭﻤﻲ ﻟﻠﻤﻨﺸﺄﺓ‬
loss on the net monetary position. However, this can be very costly. As a practical alternative, the gain or ‫ ﻴﻤﻜﻥ ﺘﻘﺩﻴﺭ ﺍﻟﺭﺒﺢ ﺃﻭ ﺍﻟﺨﺴﺎﺭﺓ ﺍﻟﻨﻘﺩﻴﺔ ﻋﻥ ﻁﺭﻴﻕ ﺘﻁﺒﻴﻕ ﺍﻟﺘﻐﻴﺭ ﻓـﻲ ﻤﺅﺸـﺭ ﺍﻷﺴﻌﺎﺭ ﺍﻟﻌﺎﻡ ﻋﻠﻰ ﺍﻟﻤﺘﻭﺴﻁ ﺍﻟﻤﺭﺠﺢ ﻟﻠﻔﺘﺭﺓ ﻟﻠﻔﺭﻕ ﺒﻴﻥ‬، ‫ﻋﻤﻠﻴـﺔ‬
loss on the net monetary position can be estimated by applying the change in the general price index to ‫ ﻭﻴﻤﻜﻥ ﺍﺴﺘﺨﺩﺍﻡ ﻫﺫﺍ ﺍﻟﻤﻨﻬﺞ ﻟﺘﻘﻴﻴﻡ ﻤﺩﻯ ﻤﻌﻘﻭﻟﻴﺔ ﺍﻟﻤﻜﺴﺏ ﺃﻭ ﺍﻟﺨﺴﺎﺭﺓ ﺍﻟﻨﻘﺩﻴﺔ‬، ‫ﺍﻷﺼﻭل ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﺍﻟﻨﻘﺩﻴﺔ ﻭﺍﻻﻟﺘﺯﺍﻤﺎﺕ ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﺍﻟﻨﻘﺩﻴﺔ‬
the weighted average of the period’s difference between net monetary assets and net monetary liabilities. ‫ ﻭﻤﻊ ﺫﻟﻙ ﻓﻌﻨﺩﻤﺎ ﺘﺤﺩﺙ ﺘﻘﻠﺒﺎﺕ ﻤﺅﺜﺭﺓ ﻓﻲ ﻤﺅﺸﺭ ﺍﻷﺴﻌﺎﺭ ﺍﻟﻌﺎﻡ ﺨﻼل ﻓﺘﺭﺓ‬. ‫ﺍﻟﻨﺎﺘﺠـﺔ ﻤـﻥ ﺘﻌـﺩﻴل ﺍﻷﺼـﻭل ﻭﺍﻻﻟﺘﺯﺍﻤﺎﺕ ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﻏﻴﺭ ﺍﻟﻨﻘﺩﻴﺔ‬
This approach can be used to assess the reasonableness of the gain or loss on the net monetary position . ‫ ﻓﻼ ﻴﻌـﺩ ﺍﺴـﺘﺨﺩﺍﻡ ﺍﻟﻤﺘﻭﺴـﻁ ﺍﻟﻤﺭﺠﺢ ﻋﻥ ﺘﻠﻙ ﺍﻟﻔﺘﺭﺓ ﻤﻨﺎﺴﺒﺎ‬، ‫ﻤﻌﻴﻨﺔ‬
resulting from the adjustment of non-monetary assets and liabilities. However, when there are significant
fluctuations in the general price index during a specific period, using the weighted average for that period
may not be appropriate.
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• Taxes
Adjustments to the financial statements in accordance with this • ‫ﻗﺩ ﻴﻨﺸﺄ ﻋﻥ ﺘﻌﺩﻴل ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻭﻓﻘﹰﺎ ﻟﻬﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻓﺭﻭﻕ ﺒﻴﻥ ﺍﻟﻤﺒﻠﻎ ﺍﻟﺩﻓﺘﺭﻱ ﻟﺒﻨﻭﺩ ﺍﻷﺼﻭل ﻭﺍﻻﻟﺘﺯﺍﻤﺎﺕ‬
Standard may result in differences between the carrying amount of ‫ ﻴﺠﺏ ﺃﻥ ﺘﺘﻡ ﺍﻟﻤﺤﺎﺴﺒﺔ ﻋﻥ ﻫﺫﻩ ﺍﻟﻔﺭﻭﻕ ﻭﻓﻘﹰﺎ‬. ‫ﺍﻟﻭﺍﺭﺩﺓ ﻓﻲ ﻗﺎﺌﻤـﺔ ﺍﻟﻤﺭﻜـﺯ ﺍﻟﻤـﺎﻟﻲ ﻭﺍﻷﺴـﺎﺱ ﺍﻟﻀﺭﻴﺒﻲ ﻟﻬﺎ‬
assets and liabilities in the statement of financial position and their . ‫) ﻀﺭﺍﺌﺏ ﺍﻟﺩﺨل‬٢٤( ‫ﻟﻤﻌﻴﺎﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬
tax basis. These differences should be accounted for in accordance
with Egyptian Accounting Standard No. (24) Income Tax.

• Statement of Cash Flows

All items in the statement of cash flows should be presented in the ‫ﻴﺠﺏ ﻋﺭﺽ ﺠﻤﻴﻊ ﺍﻟﺒﻨﻭﺩ ﻓﻲ ﻗﺎﺌﻤﺔ ﺍﻟﺘﺩﻓﻘﺎﺕ ﺍﻟﻨﻘﺩﻴﺔ ﺒﻭﺤﺩﺓ ﻗﻴﺎﺱ ﺠﺎﺭﻴﺔ ﻓـﻲ ﺘﺎﺭﻴﺦ ﻗﺎﺌﻤﺔ ﺍﻟﻤﺭﻜﺯ ﺍﻟﻤﺎﻟﻲ؛‬
current measurement unit at the date of the statement of financial . ‫ ﻴﺘﻡ ﺘﻌﺩﻴﻠﻬﺎ ﻋﻥ ﻁﺭﻴﻕ ﺘﻁﺒﻴﻕ ﻭﺤـﺩﺓ ﺍﻟﻘﻴﺎﺱ ﺍﻟﺠﺎﺭﻴﺔ ﻤﻥ ﺘﺎﺭﻴﺦ ﻭﻗﻭﻉ ﺍﻟﻤﻌﺎﻤﻠﺔ‬، ‫ﻭﺒﺎﻟﺘﺎﻟﻲ‬
position. Therefore, they should be adjusted by applying the current
measurement unit from the date of the transaction.

• Comparative Figures
Comparative figures for the prior period and any information relating to ‫ ﺴﻭﺍﺀ ﻜﺎﻨﺕ‬، ‫ﻴﺘﻡ ﺘﻌﺩﻴل ﺍﻷﺭﻗﺎﻡ ﺍﻟﻤﻘﺎﺭﻨﺔ ﻟﻔﺘﺭﺓ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﺴﺎﺒﻘﺔ ﻭﺃﻱ ﻤﻌﻠﻭﻤﺎﺕ ﺘﺘﻌﻠـﻕ ﺒﻔﺘﺭﺍﺕ ﺃﺴﺒﻕ‬
earlier periods, whether based on historical cost or current cost, shall ، ‫ ﻤﻥ ﺨﻼل ﺘﻁﺒﻴﻕ ﻤﺅﺸﺭ ﻋﺎﻡ ﻟﻸﺴﻌﺎﺭ‬، ‫ﻤﺴﺘﻨﺩﺓ ﺇﻟـﻰ ﺃﺴـﺎﺱ ﺍﻟﺘﻜﻠﻔـﺔ ﺍﻟﺘﺎﺭﻴﺨﻴـﺔ ﺃﻭ ﺃﺴـﺎﺱ ﻟﺘﻜﻠﻔﺔ ﺍﻟﺠﺎﺭﻴـﺔ‬
be restated by applying a general price index. Comparative financial ‫ﺒﺤﻴﺙ ﻴﺘﻡ ﻋـﺭﺽ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﻤﻘﺎﺭﻨﺔ ﻭﺃﻱ ﻤﻌﻠﻭﻤﺎﺕ ﺘﺘﻌﻠﻕ ﺒﻔﺘﺭﺍﺕ ﺃﺴﺒﻕ ﺒﻭﺤـﺩﺓ ﺍﻟﻘﻴـﺎﺱ ﺍﻟﺠﺎﺭﻴﺔ ﻓﻲ‬
statements and any information relating to earlier periods shall be ، ‫ﺃ‬١٠ " ‫ ﺘﻁﺒﻴﻕ ﺍﻟﻔﻘﺭﺘﺎﻥ‬، ‫ﻨﻬﺎﻴﺔ ﻓﺘﺭﺓ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻭﻟﻐﺭﺽ ﻋﺭﺽ ﺃﺭﻗﺎﻡ ﻤﻘﺎﺭﻨـﺔ ﺒﻌﻤﻠـﺔ ﻋﺭﺽ ﻤﺨﺘﻠﻔﺔ‬
presented in the current measurement unit at the end of the reporting ‫ﺏ‬١٠
period. To present comparative figures in a different presentation
currency, paragraphs 10(a) and 10(b) shall be applied.
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• Consolidated Financial Statements

If a parent company operates in a hyperinflationary economy and has subsidiaries that also ‫ﺇﺫﺍ ﺍﺴﺘﺨﺩﻤﺕ ﺸﺭﻜﺔ ﺃﻡ ﻋﻤﻠﺔ ﻗﻴﺩ ﺍﻗﺘﺼﺎﺩﻫﺎ ﺫﻱ ﺘـﻀﺨﻡ ﻤﻔـﺭﻁ ﻭﻜـﺎﻥ ﻟـﺩﻴﻬﺎ ﺸﺭﻜﺎﺕ ﺘﺎﺒﻌﺔ ﺘﻘﻭﻡ ﺃﻴﻀﺎ ﺒﺈﻋﺩﺍﺩ ﻗﻭﺍﺌﻤﻬﺎ ﺍﻟﻤﺎﻟﻴﺔ ﺒﻌﻤﻼﺕ‬
prepare their financial statements in the currencies of hyperinflationary economies, the financial ‫ ﻓﻴﺘﻡ ﺘﻌﺩﻴل ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻟﻬﺫﻩ ﺍﻟـﺸﺭﻜﺎﺕ ﺍﻟﺘﺎﺒﻌـﺔ ﺒﺎﺴـﺘﺨﺩﺍﻡ ﻤﺅﺸـﺭ ﺍﻷﺴﻌﺎﺭ ﺍﻟﻌﺎﻡ ﻟﻠﺒﻠﺩ ﺍﻟﺫﻱ ﺘﻘﺩﻡ ﻗﻭﺍﺌﻤﻬﺎ‬، ‫ﺍﻗﺘﺼﺎﺩﺍﺕ ﺫﺍﺕ ﺘـﻀﺨﻡ ﻤﻔﺭﻁ‬
statements of these subsidiaries shall be restated using the general price index of the country in ‫ ﻭﻴﺘﻡ ﺘﺭﺠﻤﺔ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﻤﻌﺩﻟـﺔ ﻟﻠﺸﺭﻜﺎﺕ ﺍﻟﺘﺎﺒﻌﺔ‬، ‫ﺍﻟﻤﺎﻟﻴﺔ ﺒﻌﻤﻠﺘﻪ ﻗﺒل ﺇﺩﺭﺍﺠﻬـﺎ ﻓـﻲ ﺍﻟﻘـﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﻤﺠﻤﻌﺔ ﺍﻟﺘﻲ ﺘﺼﺩﺭﻫﺎ ﺍﻟﺸﺭﻜﺔ ﺍﻷﻡ‬
which they are prepared before consolidation. The restated financial statements of foreign ‫ ﺃﻤـﺎ ﺍﻟﻘـﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴـﺔ ﻟﻠﺸﺭﻜﺎﺕ ﺍﻟﺘﺎﺒﻌﺔ ﺍﻟﺘﻲ ﻻ ﺘﻜﻭﻥ ﻋﻤﻠﺘﻬﺎ ﺍﻟﻭﻅﻴﻔﻴﺔ ﻋﻤﻠﺔ ﻓﻲ ﺍﻗﺘـﺼﺎﺩ ﺫﻱ ﺘـﻀﺨﻡ‬، ‫ﺍﻷﺠﻨﺒﻴﺔ ﺒﺄﺴﻌﺎﺭ ﺍﻟﺼﺭﻑ ﻋﻨﺩ ﺍﻹﻗﻔﺎل‬
subsidiaries shall be translated at the closing rate. For subsidiaries whose functional currency is . )١٣( ‫ ﻓﻴﺘﻡ ﺍﻟﺘﻌﺎﻤل ﻤﻌﻬﺎ ﻤﺒﺩﺌﻴﺎ ﻭﻓﻘا ﻟﻤﻌﻴﺎﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ ﺍﻟﻤﺼﺭﻱ ﺭﻗﻡ‬، ‫ﻤﻔﺭﻁ‬
not the currency of a hyperinflationary economy, Egyptian Accounting Standard No. 13 shall be
applied initially."

• Cessation of Classification of an Economy as Hyperinflationary

A parent company may consolidate subsidiaries whose financial statements are denominated in ‫ﻗﺩ ﺘﻘﻭﻡ ﺍﻟﺸﺭﻜﺔ ﺍﻷﻡ ﺒﺘﺠﻤﻴﻊ ﺍﻟﺸﺭﻜﺎﺕ ﺍﻟﺘﺎﺒﻌﺔ ﺍﻟﺘﻲ ﺘﻌﺩ ﻗﻭﺍﺌﻤﻬﺎ ﺍﻟﻤﺎﻟﻴﺔ ﺒﻌﻤﻠـﺔ ﺍﻗﺘﺼﺎﺩ ﺫﻱ ﺘﻀﺨﻡ ﻤﻔﺭﻁ ﻭﺍﻟﺘﻲ ﺘﻨﺘﻬﻲ ﻓﺘﺭﺍﺕ‬
the currency of an economy with hyperinflation and whose financial period ends on dates ‫ ﻴﺘﻡ ﺘﻌﺩﻴل ﺠﻤﻴﻊ‬، ‫ ﻓﻲ ﻫﺫﻩ ﺍﻟﺤﺎﻟـﺔ‬. ‫ﻗﻭﺍﺌﻤﻬﺎ ﺍﻟﻤﺎﻟﻴﺔ ﻓـﻲ ﺘـﻭﺍﺭﻴﺦ ﻤﺨﺘﻠﻔﺔ ﻋﻥ ﺘﺎﺭﻴﺦ ﺍﻨﺘﻬﺎﺀ ﻓﺘﺭﺓ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻟﻠﺸﺭﻜﺔ ﺍﻷﻡ‬
different from the end date of the parent company’s financial period. In this case, all items in the ‫ ﺇﻟﻰ ﻭﺤﺩﺓ ﺍﻟﻘﻴﺎﺱ ﺍﻟﺠﺎﺭﻴﺔ‬، ‫ ﺴـﻭﺍﺀ ﻜﺎﻨـﺕ ﺫﺍﺕ ﻁﺒﻴﻌﺔ ﻨﻘﺩﻴﺔ ﺃﻭ ﺫﺍﺕ ﻁﺒﻴﻌﺔ ﻏﻴﺭ ﻨﻘﺩﻴﺔ‬، ‫ﺒﻨﻭﺩ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻟﻠﺸﺭﻜﺎﺕ ﺍﻟﺘﺎﺒﻌﺔ‬
financial statements of the subsidiaries, whether monetary or non-monetary, must be adjusted to ‫ﻓﻲ ﺘﺎﺭﻴﺦ ﺍﻨﺘﻬﺎﺀ ﻓﺘﺭﺓ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﻤﺠﻤﻌﺔ ﻟﻠﺸﺭﻜﺔ ﺍﻷﻡ‬
the current measurement unit at the end of the parent company’s consolidated financial period.

End of Classification of an Economy as Hyperinflationary

When a currency ceases to be the currency of an economy with hyperinflation, and the entity ‫ﻋﻨﺩﻤﺎ ﺘﺘﻭﻗﻑ ﻋﻤﻠﺔ ﻤﺎ ﻋﻥ ﻜﻭﻥ ﺍﻗﺘﺼﺎﺩﻫﺎ ﺫﻱ ﺘﻀﺨﻡ ﻤﻔﺭﻁ ﻭﺘﻘﻭﻡ ﺍﻟﻤﻨـﺸﺄﺓ ﺒﻭﻗﻑ ﺇﻋﺩﺍﺩ ﻭﺘﻘﺩﻴﻡ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﻤﻌﺩﺓ ﻭﻓﻘﺎ‬
ceases to prepare and present financial statements in accordance with this Standard, it must ‫ ﻴﺠـﺏ ﻋﻠﻴﻬـﺎ ﺍﻋﺘﺒﺎﺭ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﻌﺒﺭ ﻋﻨﻬﺎ ﺒﻭﺤﺩﺓ ﺍﻟﻘﻴﺎﺱ ﺍﻟﺠﺎﺭﻴﺔ ﻓﻲ ﻨﻬﺎﻴﺔ ﺍﻟﻔﺘـﺭﺓ ﺍﻟـﺴﺎﺒﻘﺔ ﻜﺄﺴﺎﺱ ﻟﻠﻘﻴﻡ‬، ‫ﻟﻬﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ‬
consider the amounts adjusted to the current measurement unit at the end of the previous ‫ﺍﻟﺩﻓﺘﺭﻴﺔ ﻓﻲ ﻗﻭﺍﺌﻤﻬﺎ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﻼﺤﻘﺔ‬
period as the carrying amounts in its subsequent financial statements.
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• Practical Expedients

An entity may apply the following practical expedients in applying this ‫ ﻴﻤﻜﻥ ﻟﻠﻤﻨﺸﺂﺕ ﺘﻁﺒﻴﻕ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻟﻌﻤﻠﻴﺔ ﺍﻟﺘﺎﻟﻴﺔ‬، ‫ﻴﺘﻁﻠﺏ ﺘﻁﺒﻴﻕ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﺘﻌﺩﻴﻼﺕ ﻜﺒﻴﺭﺓ ﻓﻲ ﺍﻟﻨﻅﻡ ﻭﺍﻟﻭﻗﺕ ﻭﺍﻟﺘﻜﻠﻔﺔ ﻟﻠﻤﻨﺸﺂﺕ ﻟﻬﺫﺍ‬
Standard:
a. The entity may use an annual average of the general price index to ‫ﻴﻤﻜﻥ ﺍﺴﺘﺨﺩﺍﻡ ﻤﺘﻭﺴﻁ ﺴﻨﻭﻱ ﻟﻤﺅﺸﺭ ﺍﻷﺴﻌﺎﺭ ﺍﻟﻌﺎﻡ ﻟﺘﻌﺩﻴل ﻗﻴﻡ ﺍﻷﺼـﻭل ﻭﺍﻻﻟﺘﺯﺍﻤﺎﺕ ﺫﺍﺕ ﺍﻟﻁﺒﻴﻌﺔ ﻏﻴﺭ ﺍﻟﻨﻘﺩﻴﺔ ﻭﺒﻨﻭﺩ ﺍﻷﺭﺒﺎﺡ ﺃﻭ ﺍﻟﺨﺴﺎﺌﺭ‬
adjust the amounts of non-monetary assets and liabilities, as well as ‫ﻭﺍﻟﺩﺨل‬
income statement and comprehensive income statement items, and equity
items.

b. For assets acquired before the date on which the general price index ‫ﺒﺎﻟﻨﺴﺒﺔ ﻟﻸﺼﻭل ﺍﻟﺘﻲ ﺘﻡ ﺍﻗﺘﻨﺎﺅﻫﺎ ﻗﺒل ﺍﻟﺘﺎﺭﻴﺦ ﺍﻟﺫﻱ ﻴﺒﺩﺃ ﻓﻴﻪ ﺘﻭﺍﻓﺭ ﻤﺅﺸـﺭﺍﻷﺴﻌﺎﺭ ﺍﻟﻌﺎﻡ‬
became available:
1. The entity may assume that the assets were acquired at the beginning of ‫ ﻭﻴﺘﻡ ﺍﺴﺘﺨﺩﺍﻡ ﻤﺅﺸﺭ ﺍﻷﺴﻌﺎﺭ ﺍﻟﻌﺎﻡ ﻤـﻥ ﺫﻟﻙ ﺍﻟﺘﺎﺭﻴﺦ‬، ‫ﻴﺠﻭﺯ ﺍﻋﺘﺒﺎﺭ ﺃﻨﻬﺎ ﺘﻡ ﺍﻗﺘﻨﺎﺅﻫﺎ ﻓﻲ ﺒﺩﺍﻴﺔ ﺃﻭل ﻓﺘﺭﺓ ﻤﺎﻟﻴﺔ ﺘـﻡ ﺘـﻭﻓﻴﺭ ﻤﺅﺸﺭ ﺍﻷﺴﻌﺎﺭ ﺍﻟﻌﺎﻡ ﻟﻬﺎ‬
the first financial period for which the general price index was available, ‫ﻟﺘﻌﺩﻴل ﻤﺒﺎﻟﻎ ﺘﻠﻙ ﺍﻷﺼﻭل‬
and use the general price index from that date onwards to adjust the
amounts of those assets.

2. The entity may estimate the value of these assets at the beginning of the ‫ ﻭﻴﺠـﻭﺯ ﺇﺠﺭﺍﺀ ﺫﻟﻙ ﻟﻜل‬، ‫" ﻤﻥ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ‬٢٠" ‫ﻴﺠﻭﺯ ﺘﻘﺩﻴﺭ ﻗﻴﻤﺔ ﻫﺫﻩ ﺍﻷﺼﻭل ﻓﻲ ﺘﺎﺭﻴﺦ ﺒﺩﺍﻴـﺔ ﺘﻁﺒﻴـﻕ ﻫـﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻭﻓﻘﺎ ﻟﻠﻤﺘﺒﻊ ﻓﻲ ﺍﻟﻔﻘﺭﺓ‬
application of this Standard in accordance with paragraph 20 of this ‫ ﻭﻻ ﻴﺘﻡ ﺇﻋـﺎﺩﺓ ﺘﻘﻴـﻴﻡ ﻫـﺫﻩ ﺍﻷﺼﻭل ﻓﻲ ﺍﻟﻔﺘﺭﺍﺕ ﺍﻟﻼﺤﻘﺔ‬، ‫ﺃﺼل ﻋﻠﻰ ﺤﺩﺓ‬
Standard. This may be done for each asset individually, and these assets
will not be revalued in subsequent periods.
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• Disclosure
Entities must disclose the following information in the adjusted financial statements or the ‫ﻴﺠﺏ ﻋﻠﻰ ﺍﻟﻤﻨﺸﺂﺕ ﺍﻹﻓﺼﺎﺡ ﻓﻲ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﻤﻌﺩﻟﺔ ﺃﻭ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﺘﻲ ﺘﺠﻤﻊ ﺸﺭﻜﺎﺕ ﺘﺎﺒﻌﺔ ﺫﺍﺕ ﻋﻤﻠﺔ ﻗﻴﺩ ﻓﻲ ﺍﻗﺘﺼﺎﺩ ﺫﻱ ﺘﻀﺨﻡ‬
consolidated financial statements that include subsidiaries operating in economies with :‫ﻤﻔﺭﻁ‬
hyperinflation:

a. The gain or loss arising from the net monetary position must be recognized in profit or loss and . ‫( ﺃ) ﻴﺩﺭﺝ ﺍﻟﺭﺒﺢ ﺃﻭ ﺍﻟﺨﺴﺎﺭﺓ ﺍﻟﻨﺎﺘﺠﺔ ﻋﻥ ﺼﺎﻓﻲ ﺍﻟﻤﺭﻜﺯ ﺍﻟﻨﻘﺩﻱ ﻓـﻲ ﺍﻟـﺭﺒﺢﺃﻭ ﺍﻟﺨﺴﺎﺭﺓ ﻭﻋﺭﻀﻬﺎ ﺒﺸﻜل ﻤﻨﻔﺼل‬
presented separately.
b. The methodology used in applying this Standard must be described within the accounting :‫ ﻭﻴﺠﺏ ﺍﻹﻓﺼﺎﺡ ﻋﻥ ﺍﻟﻤﻌﻠﻭﻤﺎﺕ ﺍﻟﺘﺎﻟﻴﺔ‬، ‫(ﺏ) ﺘﺼﻑ ﺍﻟﻤﻨﻬﺠﻴﺔ ﺍﻟﻤﺴﺘﺨﺩﻤﺔ ﻓﻲ ﺘﻁﺒﻴﻕ ﻫﺫﺍ ﺍﻟﻤﻌﻴـﺎﺭ ﻀـﻤﻥ ﺍﻟـﺴﻴﺎﺴﺎﺕﺍﻟﻤﺤﺎﺴﺒﻴﺔ‬
policies. The following information must also be disclosed:

1. The fact that the financial statements and comparative figures have been adjusted and are ‫ﺃﻨﻬﺎ ﻤﻌﺒﺭ ﻋﻨﻬﺎ ﺒﻭﺤﺩﺍﺕ ﺍﻟﻘﻴﺎﺱ ﺍﻟﺠﺎﺭﻴﺔ ﻓﻲ ﺘﺎﺭﻴﺦ ﺍﻟﻤﺭﻜﺯ ﺍﻟﻤﺎﻟﻲ‬، ‫ﺤﻘﻴﻘﺔ ﺃﻥ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ ﻭﺃﺭﻗﺎﻡ ﺍﻟﻤﻘﺎﺭﻨﺔ ﻗﺩ ﺘﻡ ﺘﻌﺩﻴﻠﻬﺎ ﻭﻨﺘﻴﺠﺔ ﻟـﺫﻟﻙ‬
therefore presented in terms of the current measurement unit at the end of the reporting period.

2. The nature and level of the general price index at the end of the reporting period and its ‫ﻁﺒﻴﻌﺔ ﻭﻤﺴﺘﻭﻯ ﻤﺅﺸﺭ ﺍﻷﺴﻌﺎﺭ ﻓﻲ ﺘﺎﺭﻴﺦ ﺍﻟﻤﺭﻜﺯ ﺍﻟﻤـﺎﻟﻲ ﻭﺤﺭﻜـﺔ‬
movement during the current and previous periods. . ‫ﺍﻟﻤﺅﺸﺭ ﺨﻼل ﺍﻟﻔﺘﺭﺍﺕ ﺍﻟﺤﺎﻟﻴﺔ ﻭﺍﻟﺴﺎﺒﻘﺔ‬

Disclosure of any significant judgments and estimates made in the application of this Standard in ‫" ﻤﻥ ﻤﻌﻴﺎﺭ ﺍﻟﻤﺤﺎﺴﺒﺔ‬١٢٢" ‫ﺘﻔﺼﺢ ﻋﻥ ﺃﻱ ﺘﻘﺩﻴﺭﺍﺕ ﻭﺃﺤﻜﺎﻡ ﺸﺨﺼﻴﺔ ﻫﺎﻤﺔ ﺘﻡ ﺍﺘﺨﺎﺫﻫﺎ ﻋﻨـﺩ ﺘﻁﺒﻴـﻕ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻭﻓﻘﹰﺎ ﻟﻤﺘﻁﻠﺒﺎﺕ ﺍﻟﻔﻘﺭﺓ‬
accordance with the requirements of paragraph 122 of Egyptian Accounting Standard No. 1." )١( ‫ ﺭﻗﻡ‬. ‫ﺍﻟﻤـﺼﺭﻱ‬

Entities that own subsidiaries operating in hyperinflationary economies must disclose how they ‫ﻴﺠﺏ ﻋﻠﻰ ﺍﻟﻤﻨﺸﺂﺕ ﺍﻟﺘﻲ ﺘﻤﺘﻠﻙ ﺸﺭﻜﺎﺕ ﺘﺎﺒﻌﺔ ﺒﺎﻗﺘﺼﺎﺩ ﺫﻱ ﺘـﻀﺨﻡ ﻤﻔـﺭﻁ ﺘﻭﻀﻴﺢ ﻜﻴﻑ ﺘﺘﻡ ﺍﻟﻤﺤﺎﺴﺒﺔ ﻋﻨﻬﺎ ﻭﻜﻴﻔﻴﺔ ﺘﻁﺒﻴﻕ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻓﻲ‬
account for these subsidiaries and how they apply this Standard in their accounting policies. These ، ‫ ﻴﺠﺏ ﻋﻠﻰ ﺘﻠﻙ ﺍﻟﻤﻨﺸﺂﺕ ﺃﻴﻀﺎ ﺘﻭﻀﻴﺢ ﺃﻥ ﺍﻟﻤﺒـﺎﻟﻎ ﺍﻟﻤﻘﺎﺭﻨﺔ ﺍﻟﻤﻘﺩﻤﺔ ﺴﺎﺒﻘﺎ ﺒﻌﻤﻠﺔ ﻤﺴﺘﻘﺭﺓ ﻻ ﻴﺘﻡ ﺘﻌﺩﻴﻠﻬﺎ‬. ‫ﺍﻟـﺴﻴﺎﺴﺎﺕ ﺍﻟﻤﺤﺎﺴﺒﻴﺔ ﺍﻟﺨﺎﺼﺔ ﺒﻬﺎ‬
entities must also disclose that previously presented comparative figures in stable currencies are ‫ﺇﻟﻰ ﺠﺎﻨـﺏ ﺍﻟـﺴﻴﺎﺴﺔ ﺍﻟﻤﺘﺒﻌﺔ ﻟﻼﻋﺘﺭﺍﻑ ﺒﺎﻻﺨﺘﻼﻓﺎﺕ ﺒﻴﻥ ﺤﻘﻭﻕ ﺍﻟﻤﻠﻜﻴﺔ ﺍﻟﺨﺘﺎﻤﻴﺔ ﻟﻠـﺴﻨﺔ ﺍﻟـﺴﺎﺒﻘﺔ ﻭﺤﻘﻭﻕ ﺍﻟﻤﻠﻜﻴﺔ ﺍﻻﻓﺘﺘﺎﺤﻴﺔ ﻟﻠﺴﻨﺔ ﺍﻟﺤﺎﻟﻴﺔ‬
not adjusted, along with the policy followed for recognizing the differences between the closing
equity of the previous year and the opening equity of the current year.

Disclosures required by this Standard are essential to clarify the basis for addressing the effects of ‫ﺍﻹﻓﺼﺎﺤﺎﺕ ﺍﻟﻤﻁﻠﻭﺒﺔ ﺒﻤﻭﺠﺏ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻀﺭﻭﺭﻴﺔ ﻟﺘﻭﻀﻴﺢ ﺍﻷﺴﺎﺱ ﺍﻟـﺫﻱ‬
hyperinflation on the economy in the financial statements. They also aim to provide additional ‫ ﻜﻤﺎ ﺘﻬﺩﻑ ﺇﻟﻰ ﺘﻘﺩﻴﻡ ﺍﻟﻤﻌﻠﻭﻤﺎﺕ ﺍﻷﺨﺭﻯ ﺍﻟﻼﺯﻤﺔ ﻟﻔﻬﻡ ﻫﺫﺍ‬، ‫ﻴﺘﻡ ﻤﻥ ﺨﻼﻟﻪ ﻤﻌﺎﻟﺠﺔ ﺁﺜﺎﺭ ﺍﻟﺘﻀﺨﻡ ﺍﻟﻤﻔﺭﻁ ﻋﻠﻰ ﺍﻻﻗﺘﺼﺎﺩ ﻓﻲ ﺍﻟﻘﻭﺍﺌﻡ ﺍﻟﻤﺎﻟﻴﺔ‬
information necessary to understand this basis and the resulting amounts. ‫ﺍﻷﺴﺎﺱ ﻭﺍﻟﻤﺒـﺎﻟﻎ‬
. ‫ﺍﻟﻨﺎﺘﺠﺔ ﻋﻨﻪ‬
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

• Effective Date
This Standard is effective from the date of its issuance and is applied to "٦ ‫ ﻭﻴﺘﻡ ﺘﻁﺒﻴﻘﻪ ﻋﻠﻰ ﺍﻟﻔﺘﺭﺍﺕ ﺍﻟﻤﺎﻟﻴـﺔ ﺍﻟﺘﻲ ﻴﺘﻡ ﺘﺤﺩﻴﺩﻫﺎ ﻭﻓﻘﺎ ﻟﻠﻔﻘﺭﺓ‬، ‫ﻴﺴﺭﻱ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ ﻤﻥ ﺘﺎﺭﻴﺦ ﺇﺼﺩﺍﺭﻩ‬
financial periods identified in accordance with paragraph 6 of this ‫"ﻤﻥ ﻫﺫﺍ ﺍﻟﻤﻌﻴﺎﺭ‬
Standard.
 Official Gazette, Issue 42 Bis, Part C – 23rd of October , 2024

Decision of the Prime Minister

No. 3528 of 2024

The Prime Minister,

Having reviewed the Constitution; and Law No. 187 of 2023 on Reconciliation in Certain Construction Violations and the Regulation of Their Status;
and the Executive Regulations of the Law on Reconciliation in Certain Construction Violations and the Regulation of Their Status issued by the Prime
Minister's Decision No. 1121 of 2024;
And upon the approval of the Council of Ministers; Has Decided:

Article One:
The period stipulated for submitting reconciliation requests to the competent administrative authority specified in the first paragraph of Article (6) of the
Law on Reconciliation in Certain Construction Violations and the Regulation of Their Status, as referred to, shall be extended for an additional period of
six months.

Article Two:
This Decision shall be published in the Official Gazette and shall come into force on the day following the date of its publication.

Issued by the Presidency of the Council of Ministers on 20 Rabia Al-Akhir 1446 AH (corresponding to 23 October 2024 AD).

Prime Minister
Dr. Mostafa Kamal Madbouly
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