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2017 Annual Report - s1.q4cdn.com

2017 Annual ReportContentsFairfax Corporate s Letter to s Responsibility for the FinancialStatements and Management s Report onInternal Control over Financial Reporting ..28 Independent Auditor s Report to Consolidated Financial to Consolidated Financial Statements ..39 Management s Discussion and Analysis ofFinancial Condition and Results of Operations123 Appendix Fairfax Guiding Annual ReportFairfax Corporate Performance(in US$ millions, except as otherwise indicated)(1)BookCommonEarningsvalueClos ingNetshare-Shares(loss)pershareearnings TotalInvest-Netholders out-pershareprice(1)Revenue(loss)assetsm entsdebtequity standingshareAs at and for the years ended December 31(2) (3) ( ) ( ) , , , , , , , , , , , 13, , , , 22, 12, , , , 21, 10, , , , ( ) 22, 10, , , ( ) , 22, 10, , , , 24, 12, , , , 26, 13, , , , ( ) 27, 14, , , ( )

30JAN201416052574 2017 Annual Report Fairfax Corporate Performance (in US$ millions, except as otherwise indicated)(1) Book Common Earnings value Closing Net share- Shares (loss)

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