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ANNUAL REPORT - tamdeen.com

ANNUAL Sheikh Sabah Al AhmadAl Jaber Al SabahAmir of the State of KuwaitIN THE NAME OF ALLAH, THE MOST GRACIOUS, THE MOST MERCIFUL Sheikh Nawaf Al AhmadAl Jaber Al SabahCrown prince of the State of Sheikh Jaber Al MubarakAl Hamad Al SabahPrime minister of the State of Kuwait5 TAMDEEN Real Estate Company - KPSC and subsidiaries - KuwaitBOARD OF DIRECTORS REPORT | 6 BOARD MEMBERS | 11 EXECUTIVE MANAGEMENT | 11 GOVERNANCE REPORT | 12 INDEPENDENT AUDITOR S REPORT | 24 CONSOLIDATED STATEMENT OF PROFIT OR LOSS | 28 CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME | 29 CONSOLIDATED STATEMENT OF FINANCIAL POSITION | 30 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY | 32 CONSOLIDATED STATEMENT OF CASH FLOWS | 34 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS | 36 CONTENTS6 ANNUAL REPORT 20177 TAMDEEN Real Estate Company - KPSC and subsidiaries - KuwaitBOARD OFDIRECTORSREPORTON MY OWN BEHALF AND ON BEHALF

8 Annual Report 2017 TAMDEEN Real Estate Company - KPSC and subsidiaries - Kuwait9 PEACE AND GOD’S MERCY AND BLESSINGS BE UPON YOU, MESHAL JASSIM AL MARZOUQ

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