INDEPENDENT AUDITORS’ REPORT TO THE SHAREHOLDERS OF FINANCE HOUSE P.J.S.C

Our Opinion

In our opinion, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of Finance House P.J.S.C. (“the Company”) and its subsidiaries (together, “the Group”) as at 31 December 2016, and its consolidated financial performance and its consolidated cash flows for the year then ended in accordance with International Financial Reporting Standards and in compliance with the applicable provisions of the UAE Federal Law No. (2) of 2015.

 

What we have audited

The Group’s consolidated financial statements comprise:

the consolidated statement of financial position as at 31 December 2017;

the consolidated statement of profit or loss for the year then ended;

the consolidated statement of comprehensive income for the year then ended;

the consolidated statement of changes in equity for the year then ended;

the consolidated statement of cash flows for the year then ended; and

the notes to the consolidated financial statements, which include a summary of significant accounting policies.