International Investment Bank: Condensed Consolidated Interim Financial Information - 30 September 2017

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1. International Investment Bank B .S.C. (c) Condensed Consolidated Interim Financial Information – for the nine months ended 30 September 2017 CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION as at 30 September 2017 US$ 000’s 30 September 2017 (reviewed) 31 December 2016 (audited) 2,898 3,450 52,792 65,990 4,202 830 20,421 1,770 152,353 2,564 8,406 66,605 68,614 4,202 25,144 830 20,421 2,630 199,416 ASSETS Cash and balances with banks Placement with financial institutions Investment securities Assets acquired for leasing Investment in real estate Musharaka financing Equity-accounted investees Assets held-for-sale Other assets Total assets LIABILTIES AND OWNERS’ EQUITY Liabilities Liabilities related to assets acquired for leasing Liabilities related to assets held-for-sale Financing liabilities Other liabilities Total liabilities OWNERS’ EQUITY Share capital Treasury shares Share premium Accumulated losses Statutory reserve Investment fair value reserve Total equity attributable to shareholders of the Bank Non-controlling interests Non-controlling interests held-for-sale Total owners’ equity TOTAL LIABILITIES AND OWNERS’ EQUITY 57,854 14,487 2,078 74,419 60,760 14,487 10,187 2,504 87,938 109,996 (6,798) 19,645 (58,561) 6,980 84 71,346 4,247 2,341 77,934 152,353 109,996 (6,798) 19,645 (27,485) 6,980 864 103,202 5,935 2,341 111,478 199,416 CONDENSED CONSOLIDATED INCOME STATEMENT For the nine months ended 30 September 2017 US$ 000’s 30 September 2017 (reviewed) Balance at 1 January 2017 Loss for the period Total recognised income and expense for the period Fair value changes during the period Distribution to non-controlling interests Balance at 30 September 2017 30 September 2016 (reviewed) (restated) Balance at 1 January 2016 as previously reported Effect of restatement As restated Loss for the period Total recognised income and expense for the period Adjustment of accumulated losses Non-controlling interests related to assets held for-sale Transfer to income statement on disposal Fair value changes during the period Changes in non-controlling interests Distribution to non-controlling interests Balance at 30 September 2016 Share capital Treasury shares 109,996 109,996 (6,798) (6,798) INCOME Income from investment securities Management fees Income from assets acquired for leasing, net Income from placements with financial institutions Rental income from investment in real estate Foreign exchange loss Other income Total income EXPENSES Staff costs Finance expenses Legal and professional expenses Premises costs Other operating expenses Total expenses Loss before impairment allowances Impairment allowances (charge) / reversal - Musharaka financing - Investment securities - Investment in real estate - Receivables LOSS FOR THE PERIOD Attributable to: Shareholders of Bank Non-controlling interests Attributable to shareholders of Bank Investment Share Accumulated Statutory fair value premium losses reserve reserve 19,645 19,645 For the nine months ended 30 September 2017 (1,689) 971 37 158 (3) 2 (524) (4,151) 67 808 165 338 (31) 59 (2,745) 462 340 5 113 (4) 916 (5,654) 287 54 107 (1) (5,207) 2,507 366 307 232 1,538 4,950 2,727 1,337 351 221 838 5,474 798 66 28 82 553 1,527 877 437 132 76 304 1,826 (5,474) (8,219) (611) (7,033) (25,144) (1,580) (513) (32,711) (1,310) (1,084) 646 (9,967) (61) (672) (1,310) (1,084) (9) (9,436) (31,076) (1,635) (32,711) (9,310) (657) (9,967) (689) 17 (672) (8,733) (703) (9,436) (27,485) (31,076) (31,076) (58,561) 6,980 6,980 864 (780) 84 US$ 000’s Property fair value reserve - Total Noncontrolling interests Non-controlling interests heldfor-sale Total owners’ equity 103,202 (31,076) (31,076) (780) 71,346 5,935 (1,635) (1,635) (53) 4,247 2,341 2,341 111,478 (32,711) (32,711) (780) (53) 77,934 OPERATING ACTIVITIES Loss for the period Adjustments for: Depreciation and amortization Fair value changes on investments Impairment allowances (Loss)/gain on sale of investments, net Operating loss before changes in operating assets and liabilities Changes in operating assets and liabilities: Other assets Other liabilities Net cash flows used in operating activities INVESTING ACTIVITIES Purchase of investment Proceeds from disposal of investments Net cash flows on acquisition of subsidiary held-for-sale Purchase of equipment, net Net cash flows generated from/(used in) investing activities FINANCING ACTIVITIES Financing liabilities repaid Distribution to non-controlling interests Net cash flows used in financing activities NET DECREASE IN CASH AND CASH EQUIVALENTS Cash and cash equivalents at beginning of the period CASH AND CASH EQUIVALENTS AT END OF THE PERIOD Cash and cash equivalents comprise: Cash and balances with banks Placements with financial institutions (with original maturities of 3 months or less) (6,798) (6,798) (6,798) 51,240 51,240 (31,595) 19,645 (31,595) (5,774) (37,369) (9,310) (9,310) 31,595 (15,084) 6,980 6,980 6,980 2,693 2,693 (55) (3,291) (653) 262 262 (262) - 132,778 (5,774) 127,004 (9,310) (9,310) (55) (3,553) 114,086 4,944 4,944 (657) (657) 480 (66) 4,701 2,341 2,341 137,722 (5,774) 131,948 (9,967) (9,967) 2,341 (55) (3,553) 480 (66) 121,128 (32,711) (9,967) 2,756 1,561 27,237 342 (815) 2,672 5,621 1,748 (1,230) (1,156) 508 (3,332) (3,639) 624 (1,960) (2,492) (5,570) 15,193 (9) 9,614 (8,458) 8,020 (2,253) (55) (2,746) (10,553) (44) (10,597) (4,622) 10,970 6,348 (20,523) (1,320) (21,843) (27,081) 39,405 12,324 2,898 3,450 6,348 3,405 8,919 12,324 The above statements have been extracted from the Condensed Consolidated Interim Financial Information of International Investment Bank B.S.C.(c) for the nine month period ended 30 September 2017, which were approved for issue by the Board of Directors on 9 November 2017 and reviewed by KPMG Fakhro, Kingdom of Bahrain, who issued an unqualified review report on 9 November 2017. Saeed Abdul Jalil Al Fahim Chairman 109,996 109,996 109,996 US$ 000’s Nine months ended 30 September 30 September 2017 2016 (reviewed) (reviewed) (restated) Nine months ended Three months ended 30 September 30 September 30 September 2016 30 September 2016 2017 (reviewed) 2017 (reviewed) (reviewed) (restated) (reviewed) (restated) CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN OWNERS’ EQUITY For the nine months ended 30 September 2017 CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS Fareed Bader Board Member and Acting Chief Executive Officer International Investment Bank B.S.C.(c) 37th Floor, Almoayyed Tower, Al Seef District, P.O. Box 11616 Manama, Kingdom of Bahrain. Telephone: (+973) 1756 5000, Fax: (+973) 1756 5050 www.iib-bahrain.com Licensed as an Islamic Wholesale Bank by the Central Bank of Bahrain.