One close, worked through.

A fictional contracting company closes its half-year at 30 June 2026. This supplement follows three of GREENLINE's period-end rules from the books to the proposed entry, and shows why the period cannot lock until each one is resolved.

Every figure is a fictional sample record, simplified to show the mechanics. Loss rates, cost estimates and actuarial assumptions are your company's judgments, agreed with your auditor and, for IAS 19, your actuary.

S.1

The close board.

At 30 June every period-end rule has run. Four are clear. Three have measured a difference and proposed an entry, and each of those blocks the close until it is posted and reviewed.

EXHIBIT S1 · CLOSE BOARD AT 30 JUNE 2026

RULE	STANDARD	OWNER	STATUS	CLOSE
Expected credit losses	IFRS 9	Receivables accountant	Entry proposed, SAR 42,180.00	Blocks
Revenue on contracts	IFRS 15	Project accountant	Entry proposed, SAR 270,000.00	Blocks
End-of-service obligation	IAS 19	Payroll accountant	Entry proposed, SAR 397,000.00	Blocks
Leases	IFRS 16	General ledger accountant	Measured, no difference	Clear
Inventory at net realisable value	IAS 2	Cost accountant	Finding accepted by the owner, reason recorded (a)	Clear
Foreign-currency retranslation	IAS 21	Treasury accountant	Entry posted	Clear
Zakat	IAS 12 and zakat	Tax accountant	Entry posted	Clear

(a) Reason recorded with the finding: the items in the over-12-month band are committed under a signed sales order at a price above cost. Illustrative close on fictional sample records.

S.2

Expected credit losses, IFRS 9.

The simplified approach, with a provision matrix built from the company's own write-off history and adjusted for weighted forward-looking scenarios. One customer in dispute is assessed individually and kept out of the matrix. The rule compares the allowance required with the allowance held and proposes the difference.

EXHIBIT S2 · PROVISION MATRIX, TRADE RECEIVABLES AT 30 JUNE 2026

DAYS PAST DUE	GROSS (SAR)	HISTORICAL LOSS RATE	FORWARD-LOOKING ADJUSTMENT	RATE APPLIED	ALLOWANCE (SAR)
Not past due	4,820,000	0.5%	0.1%	0.6%	28,920
1 to 30	1,960,000	1.5%	0.3%	1.8%	35,280
31 to 90	1,140,000	3.8%	0.7%	4.5%	51,300
91 to 180	610,000	9.5%	1.5%	11.0%	67,100
181 to 365	285,000	28.0%	4.0%	32.0%	91,200
Over 365	96,000	100.0%	0.0%	100.0%	96,000
Collective assessment	8,911,000				369,800
Customer in dispute, assessed individually	150,000			45.0%	67,500
Allowance required	9,061,000			4.83%	437,300
Allowance held in the books					(395,120)
Increase proposed					42,180

Illustrative figures on fictional sample records. The loss rates and scenario weights are the company's own, reviewed by its auditor.

PROPOSED ENTRY · IFRS 9

ACCOUNT	DEBIT (SAR)	CREDIT (SAR)
Impairment loss on financial assets	42,180.00
Allowance for expected credit losses		42,180.00
Total	42,180.00	42,180.00

S.3

Revenue on contracts, IFRS 15.

Progress is measured by the cost incurred against the estimated total cost of each contract. The company books revenue as it invoices, so the rule carries the difference between revenue measured and revenue billed as a contract asset or a contract liability, contract by contract. No contract balances were brought forward.

EXHIBIT S3 · CONTRACT MEASUREMENT AT 30 JUNE 2026 (SAR)

CONTRACT	PRICE	ESTIMATED TOTAL COST	COST TO DATE	PROGRESS	REVENUE MEASURED	BILLED AND BOOKED	ASSET / (LIABILITY)
Contract A	12,000,000	9,600,000	5,760,000	60.0%	7,200,000	6,950,000	250,000
Contract B	4,500,000	3,750,000	1,125,000	30.0%	1,350,000	1,620,000	(270,000)
Total	16,500,000	13,350,000	6,885,000		8,550,000	8,570,000	(20,000)

Contract A is under-billed and shown as a contract asset; Contract B is over-billed and shown as a contract liability. The two are not offset. Neither contract is loss-making, so IAS 37 requires no onerous-contract provision. Illustrative figures on fictional sample records.

PROPOSED ENTRY · IFRS 15

ACCOUNT	DEBIT (SAR)	CREDIT (SAR)
Contract asset, Contract A	250,000.00
Revenue from contracts with customers	20,000.00
Contract liability, Contract B		270,000.00
Total	270,000.00	270,000.00

S.4

End-of-service obligation, IAS 19.

Valued by the projected unit credit method from the payroll itself. Payroll has already posted the settlements paid in the half-year; the rule measures the closing obligation and proposes the rest, with service and interest cost to profit or loss and the remeasurement to other comprehensive income.

EXHIBIT S4 · MOVEMENT IN THE OBLIGATION, HALF-YEAR TO 30 JUNE 2026

ITEM	RECOGNISED IN	SAR
Obligation at 1 January 2026		3,480,000
Current service cost	Profit or loss	214,000
Interest cost, 5.0% a year on the opening obligation for six months	Profit or loss	87,000
Settlements paid	Posted by payroll	(156,000)
Remeasurement loss, change in the salary-growth assumption	Other comprehensive income	96,000
Obligation at 30 June 2026		3,721,000
Held in the books (opening obligation less settlements paid)		(3,324,000)
Increase proposed		397,000

Simplified for illustration: interest is calculated on the opening obligation only. The discount rate, salary growth and attrition are assumptions the company agrees with its actuary. Fictional sample records.

PROPOSED ENTRY · IAS 19

ACCOUNT	DEBIT (SAR)	CREDIT (SAR)
Employee benefits expense, current service cost	214,000.00
Finance cost, interest on the obligation	87,000.00
Remeasurement of the obligation, other comprehensive income	96,000.00
End-of-service obligation		397,000.00
Total	397,000.00	397,000.00

S.5

Effect on the period.

Before the close, the owner sees what the three proposed entries do to the half-year result, rule by rule.

EXHIBIT S5 · EFFECT OF THE PROPOSED ENTRIES (SAR)

RULE	PROFIT OR LOSS	OTHER COMPREHENSIVE INCOME	TOTAL COMPREHENSIVE INCOME
Expected credit losses, IFRS 9	(42,180)	–	(42,180)
Revenue on contracts, IFRS 15	(20,000)	–	(20,000)
End-of-service obligation, IAS 19	(301,000)	(96,000)	(397,000)
Total	(363,180)	(96,000)	(459,180)

Shown before any zakat or income-tax effect. Illustrative figures on fictional sample records.

S.6

The record, and the lock.

Each proposed entry carries its own record: the rule and standard behind it, and who prepared, reviewed and approved it, and when. Exhibit S6 shows the record behind the IFRS 9 entry.

EXHIBIT S6 · THE RECORD BEHIND THE IFRS 9 ENTRY

FIELD	RECORD
Rule	Expected credit losses, IFRS 9, simplified approach
Proposed	By the rule at period end, 30 June 2026: SAR 42,180.00
Prepared and posted	Receivables accountant, 30 June 2026, 18:40
Reviewed	General ledger lead, 1 July 2026, 09:15
Approved	Finance manager, 1 July 2026, 11:30
Audit log	Each step written to the hash-chained log, linked to the entry before it

Illustrative record on fictional sample data. Roles and approval levels are your company's settings.

The lock.

With the three entries posted and reviewed, no blocking rule is open and the period locks. The approved statements are frozen with their SHA-256 fingerprint. Any later correction posts in an open period, as a reversal and a new journal.

GREENLINE applies the rules and proposes the entries. The loss rates, the cost estimates and the actuarial assumptions are judgments that stay with your team, and the audit opinion with your auditor.

Bring one workflow from your last close.

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The standards each rule applies are set out in Notes 1 and 2.