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AFS meaning in oil and gas
AFS means Abbreviated Financial Summary. A single report that combines a simplified Income Statement, Balance Sheet, and Cash Flow Statement. It is designed to give a project team sufficient information to be able to…
Definition
Abbreviated Financial Summary
A single report that combines a simplified Income Statement, Balance Sheet, and Cash Flow Statement. It is designed to give a project team sufficient information to be able to assess the impact of an investment proposal on the Group's results, without going into the fine detail.