Jordan Decapolis Properties : Disclosure (JDPC) 2023 04 03

JORDAN DECAPOLIS PROPERTIES

	To: Jordan Securities Commission,	ﺔﻴﻟﺎﻤﻟﺍ ﻕﺍﺭﻭﻻﺍ ﺔﺌﻴﻫ ﺓﺩﺎﺴﻟﺍ
	Amman Stock Exchange	ﻥﺎﻤﻋ ﺔﺻﺭﻮﺑ ﺓﺩﺎﺴﻟﺍ
	Company's Name: JORDAN DECAPOLIS PROPERTIES	ﻙﻼﻣﻸﻟ ﺲﻟﻮﺑﺎﻜﻳﺩ ﻥﺩﺭﻷﺍ :ﺔﻛﺮﺸﻟﺍ ﻢﺳﺍ
	Date: 03-04-2023 10:35:32 AM	AM 10:35:32 2023-04-03 :ﺦﻳﺭﺎﺘﻟﺍ
	Subject: Company's opinion on the aforementioned	ﺕﺎﺑﺎﺴﺤﻟﺍ ﻖﻗﺪﻣ ﺮﻳﺮﻘﺗ ﻝﻮﺣ ﺔﻛﺮﺸﻟﺍ ﻱﺍﺭ :ﻉﻮﺿﻮﻤﻟﺍ
	auditor's report
	Kindly be informed that our opinion regarding our	ﺓﺩﺎﺴﻟﺍ ﺔﻛﺮﺸﻟﺍ ﺕﺎﺑﺎﺴﺣ ﻖﻗﺪﻣ ﺮﻳﺮﻘﺗ ﻝﻮﺣ ﺎﻨﻳﺍﺮﺑ ﻢﻜﻣﻼﻋﺍ ﺩﻮﻧ
	Auditor's report Messrs.' RSM Jordan as follows:-	-:ﻲﻠﻳ ﺎﻤﻛ RSM Jordan
	Type of Report: Qualified	ﻆﻔﺤﺗ :ﺮﻳﺮﻘﺘﻟﺍ ﻉﻮﻧ
	Company's opinion:	:ﺔﻛﺮﺸﻟﺍ ﻱﺃﺭ
	With referenc e to the auditor's report for the Jordan	،ﺪﻌﺑﻭ ﺔﻴﺤﺗ
	Decapolis Properties Company for the fiscal year ending	ﻙﻼﻣﻼﻟ ﺲﻟﻮﺑﺎﻜﻳﺩ ﻥﺩﺭﻻﺍ ﺔﻛﺮﺸﻟ ﺕﺎﺑﺎﺴﺤﻟﺍ ﻖﻗﺪﻣ ﺮﻳﺮﻘﺗ ﻰﻟﺍ ﺓﺭﺎﺷﻻﺎﺑ
	on December 31, 2020, which includes a qualified	ﺎﻈﻔﺤﺘﻣ ﺎﻳﺃﺭ ﻦﻤﻀﺘﻤﻟﺍ 2022 ﻝﻭﻻﺍ ﻥﻮﻧﺎﻛ 31 ﻲﻓ ﺔﻴﻬﺘﻨﻤﻟﺍ ﺔﻴﻟﺎﻤﻟﺍ ﺔﻨﺴﻠﻟ
	opinion, we would like to clarify to you the matters set	ﻱﺃﺮﻟﺍ ﺱﺎﺳﺍ ﺓﺮﻘﻓ ﻦﻣ ﺪﻨﺑ ﻞﻜﻟ ﻩﺎﻧﺩﺃ ﺔﻨﻴﺒﻤﻟﺍ ﺭﻮﻣﻻﺍ ﻢﻜﻟ ﺢﺿﻮﻧ ﻥﺍ ﺩﻮﻧ ﺎﻨﻧﺈﻓ
	out below for each clause of the paragraph, the basis for
	:ﻆﻔﺤﺘﻤﻟﺍ
	the qualified opinion :
	1-Management has not been able to make a decision	ﻪﺠﺗﺎﻨﻟﺍ ﺔﻠﺠﺴﻤﻟﺍ ﺓﺮﻬﺸﻟﺎﺑ ﻖﻠﻌﺘﻳ ﺎﻤﻴﻓ ﺭﺍﺮﻗ ﺫﺎﺨﺗﺍ ﻦﻣ ﺓﺭﺍﺩﻻﺍ ﻦﻜﻤﺘﺗ ﻢﻟ:ﻻﻭﺃ
	regarding the registered goodwill resulting from the	ﻞﻤﻌﺑ ﻡﻮﻘﺘﺳﻭ ، ﻥﺎﻤﻋ ﺀﺎﻴﺣﺃ ﺔﻛﺮﺷ ﺔﻌﺑﺎﺘﻟﺍ ﺔﻛﺮﺸﻟﺍ ﻲﻓ ﺎﻬﺘﺼﺣ ﻚﻠﻤﺗ ﻦﻋ
	acquisition of its stake in the subsidiary Ahyaa Amman	.ﺐﺳﺎﻨﻤﻟﺍ ﺭﺍﺮﻘﻟﺍ ﺫﺎﺨﺗﺍﻭ 2023 ﻡﺎﻌﻟﺍ ﻝﻼﺧ ﺓﺮﻬﺸﻟﺍ ﺔﻤﻴﻗ ﻲﻓ ﻲﻧﺪﺘﻠﻟ ﺭﺎﺒﺘﺧﺍ
	Company, and will conduct a test for impairment in	ﺎﻬﺑ ﺔﻄﺒﺗﺮﻤﻟﺍ ﺕﺎﻣﺍﺰﺘﻟﻻﺍﻭ ﻊﻴﺒﻟﺍ ﺔﻴﻨﺑ ﺎﻬﺑ ﻆﻔﺘﺤﻤﻟﺍ ﺕﺍﺩﻮﺟﻮﻤﻟﺍ ﻢﻴﻗ ﻥﺍ:ﺎﻴﻧﺎﺛ
	goodwill during the year 2023 and take the appropriate
	6 ﻖﻓﺍﻮﻤﻟﺍ ﺔﻛﺮﺸﻟﺍ ﺔﻴﻔﺼﺗ ﻥﻼﻋﺍ ﺦﻳﺭﺎﺗ ﺔﻳﺎﻐﻟ ﺔﻴﻨﻣ ﺔﻛﺮﺷ ﻲﻓ ﺓﺪﺻﺭﻻﺍ ﻞﺜﻤﺗ
	decision.
	ﻚﻠﺗ ﻲﻓ ﺔﻋﻮﻤﺠﻤﻟﺍ ﺕﺎﺑﺎﺴﺣ ﻖﻗﺪﻣ ﻞﺒﻗ ﻦﻣ ﺎﻬﻘﻴﻗﺪﺗ ﻢﺗ ﺪﻗﻭ 2016 / 4 /
		ﺪﺟﻮﻳﻻ ﺚﻴﺣ . 2016 ﻡﺎﻌﻠﻟ ﺓﺪﺣﻮﻤﻟﺍ ﺔﻴﻟﺎﻤﻟﺍ ﺕﺎﻧﺎﻴﺒﻟﺍ ﺩﺍﺪﻋﺍ ﺽﺍﺮﻏﻻ ﺓﺮﺘﻔﻟﺍ
	2-The values of assets held for sale and the liabilities	ﺍﺮﻈﻧ ﺔﻛﺮﺸﻟﺍ ﻲﻤﻫﺎﺴﻣ ﻰﻠﻋ ﺄﺸﻨﺗ ﻥﺍ ﻦﻜﻤﻣ ﺮﺋﺎﺴﺧ ﻭﺍ ﻯﺮﺧﺍ ﺕﺎﻣﺍﺰﺘﻟﺍ ﺔﻳﺍ
	ﺔﻴﻨﻣ ﺔﻛﺮﺷ ﻲﻓ ﺭﺎﻤﺜﺘﺳﻻﺍ ﺔﻤﻴﻗ ﻞﻣﺎﻜﺑ ﺕﺎﺼﺼﺨﻣ ﻞﻴﺠﺴﺘﺑ ﺔﻛﺮﺸﻟﺍ ﻡﺎﻴﻘﻟ
	associated with them represent the balances as per the
	ﻲﻫ ﺔﻴﻨﻣ ﺔﻛﺮﺷ ﻥﺍ ﺪﻛﺆﻧﻭ ﺎﻘﺑﺎﺳ ﻡﻻﺍ ﺔﻛﺮﺸﻟﺍ ﺎﻬﺑ ﺖﻣﺎﻗ ﺕﺎﻋﻮﻓﺪﻣ ﺔﻳﺄﺑﻭ
	books of Munya company at the date of the
	ﺪﻳﻭﺰﺗ ﻢﺘﻴﺳ ﻪﻧﺍﻭ ﺎﻴﻟﺎﺣ ﺕﺎﻃﺎﺸﻧ ﺔﻳﺍ ﺱﺭﺎﻤﺗ ﻻﻭ ﺔﻳﺭﺎﻴﺘﺧﻻﺍ ﺔﻴﻔﺼﺘﻟﺍ ﺪﻴﻗ
	announcement of and were audited by the group's
	ﺕﺍﺀﺍﺮﺟﺍ ﻝﺎﻤﻜﺘﺳﺍ ﺪﻨﻋ ﺕﺍﺩﻮﺟﻮﻤﻟﺍ ﻲﻓﺎﺻ ﻥﺎﻴﺒﺑ ﺔﺼﺘﺨﻤﻟﺍ ﺕﺎﻬﺠﻟﺍ
	auditor at the time.There are no other obligations or
	losses that may arise on the shareholders of the company	.ﺔﻴﻔﺼﺘﻟﺍ
	as parent company took provisions of the full value of the	ﺔﻔﻴﻠﺤﻟﺍ ﺔﻛﺮﺸﻟﺍ ﻲﻓ ﺭﺎﻤﺜﺘﺳﻻﺍ ﺔﻤﻴﻗ ﻲﻓ ﻲﻧﺪﺗ ﻞﻴﺠﺴﺘﺑ ﺔﻛﺮﺸﻟﺍ ﺖﻣﺎﻗ:ﺎﺜﻟﺎﺛ
	investment. We confirm that Munya Company is under	ﺎﻘﺣﻻ ﺎﻬﻠﻤﺤﺗ ﻊﻗﻮﺘﻤﻟﺍ ﺮﺋﺎﺴﺨﻟﺍ ﺔﻤﻴﻘﺑ ﺭﺎﻤﺜﺘﺳﻼﻟ ﻕﻭﺮﺸﻟﺍ ﻦﺋﺍﺪﻣ ﺔﻛﺮﺷ
	voluntary liquidation and does not currently practice any	ﻢﻟﻭ ﻝﺎﻤﻟﺍ ﺱﺍﺭ ﻲﻓ ﺔﻤﻛﺍﺮﺘﻤﻟﺍ ﺮﺋﺎﺴﺨﻟﺍ ﺀﺎﻔﻃﺎﺑ ﺔﻔﻴﻠﺤﻟﺍ ﺔﻛﺮﺸﻟﺍ ﺭﺍﺮﻗ ﺐﺒﺴﺑ
	activities, and will provide a statement of net assets upon	ﺔﻘﻗﺪﻣ ﺔﻴﻟﺎﻣ ﺕﺎﻧﺎﻴﺑ ﻰﻠﻋ ﻝﻮﺼﺤﻟﺍ ﻦﻣ ﻦﻜﻤﺘﻧ ﻢﻟﻭ ﺪﻌﺑ ﺕﺍﺀﺍﺮﺟﻻﺍ ﻞﻤﻜﺘﺴﺗ
	completion of the liquidation.	ﺔﻳﺍ ﻞﻴﺠﺴﺗﻭ ﻲﻧﺪﺗ ﺭﺎﺒﺘﺧﺎﺑ ﻡﺎﻴﻘﻠﻟ ﺎﻬﻴﻠﻋ ﺩﺎﻤﺘﻋﻻﺍ ﻦﻜﻤﻳ 2022 ﻡﺎﻌﻠﻟ
	3-The company recorded a decline in the value of the	. ﺭﺎﻤﺜﺘﺳﻻﺍ ﺔﻤﻴﻗ ﻰﻠﻋ ﺔﻴﻓﺎﺿﺍ ﺕﺎﺼﺼﺨﻣ
	2022 ﻡﺎﻌﻠﻟ ﺔﻴﻟﺎﻤﻟﺍ ﺎﻬﺗﺎﻧﺎﻴﺒﺑ ﺎﻧﺪﻳﻭﺰﺘﺑ ﺔﺒﻘﻌﻟﺍ ﺎﻳﺍﺮﺳ ﺔﻛﺮﺷ ﻢﻘﺗ ﻢﻟ :ﺎﻌﺑﺍﺭ
	investment in the associate company, Madain Al-Shorouk
	ﺓﺭﺍﺩﺍ ﻡﻮﻘﺘﺳﻭ ، ﺔﻟﺩﺎﻌﻟﺍ ﺎﻬﺘﻤﻴﻗ ﻲﻓ ﺮﻴﻐﺘﻟﺍ ﺮﺛﺍ ﺔﺳﺍﺭﺩ ﻦﻣ ﻦﻜﻤﺘﻧ ﻢﻟ ﻚﻟﺫﻭ
	Investment Company, by the value of the losses expected
	ﺭﺎﻤﺜﺳﻻﺍ ﻲﻓ ﻲﻧﺪﺘﻟﺍ ﺮﺛﺍ ﺭﺎﻬﻇﺍ ﻦﻣ ﺐﺳﺎﻨﻤﻟﺍ ﺀﺍﺮﺟﻻﺍ ﺫﺎﺨﺗﺍ ﺔﺳﺍﺭﺪﺑ ﺔﻛﺮﺸﻟﺍ
	to be borne later due to the decision of the associate
	ﺔﻴﻟﻭﺪﻟﺍ ﺮﻴﻳﺎﻌﻤﻟﺍ ﺐﺴﺣﻭ ﺔﻴﻟﺎﻤﻟﺍ ﺕﺎﻧﺎﻴﺒﻟﺍ ﻲﻓ ﺔﺒﻘﻌﻟﺍ ﺎﻳﺍﺮﺳ ﺔﻛﺮﺷ ﻲﻓ
	company to extinguish the accumulated losses in capital,
	ﺔﻴﻟﺎﻤﻟﺍ ﺕﺎﻧﺎﻴﺒﻟﺎﺑ ﺎﻧﺪﻳﻭﺰﺗ ﺪﻨﻋ ﻚﻟﺫﻭ 2022 ﻡﺎﻌﻟﺍ ﻝﻼﺧ ﺔﻴﻟﺎﻤﻟﺍ ﺮﻳﺭﺎﻘﺘﻟﺍ
	and the procedures have not yet been completed, and we
	.ﺔﻘﻗﺪﻤﻟﺍ
	have not been able to obtain audited financial statements
	for the year 2022 that can be relied upon to carry out an
	impairment test and record any additional provisions on
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JORDAN DECAPOLIS PROPERTIES

the value of the investment .

4-Saraya Aqaba did not provide us with its financial data for the year 2022, so we could not study the effect of the change in its fair value, and the company's management will study taking the appropriate action in 2023.

Date of auditor's report: 28-03-2023

2023-03-28 :ﻖﻗﺪﻤﻟﺍ ﺮﻳﺮﻘﺗ ﺦﻳﺭﺎﺗ

Please accept our sincere thanks and appreciation. Chairman of Board of Directors

User Name: Lana Marwan Al Qabbani

.ﻡﺍﺮﺘﺣﻻﺍ ﻖﺋﺎﻓ ﻝﻮﺒﻘﺑ ﺍﻮﻠﻀﻔﺗﻭ ﺓﺭﺍﺩﻹﺍ ﺲﻠﺠﻣ ﺲﻴﺋﺭ Lana Marwan Al Qabbani :ﻡﺪﺨﺘﺴﻤﻟﺍ ﻢﺳﺍ

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