STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2016 The an estimated $5.1 billion (TTD) in assets (as at 2016-12-31). I is a equity mutual fund domiciled in Trinidad and Tobago. It manages (Expressed in Trinidad and Tobago Dollars) According to the fund's prospectus, its investment objective is "to hold the Initial Assets [40,072,299 Reputable Bank Limited ("RBL") Shares representing 25% of the issued share capital of RBL and the Trinidad and Tobago Government Securities with aggregate face value of aggregate face value of $702,866,700. TTD] and the Additional RBL Shares [additional RBL shares acquired in accordance with the fund's trust deed], for a period of ten (10) years. These assets will be in the form of Note 2016 2015 Investment income 174,314,501 30,258,074 174,314,501 30,111,762 Dividend income Interest income 1. The RBL Shares 2. The Government Securities Total investment income 204,572,575 204,426,263 The Fund is not a performance driven fund hence this investment objective will not change. The Fund does not have the power to borrow cash or provide a security interest over any of the assets of the Fund. Еxpenses Fees and expenses 9 2,987,712 2,826,516 Total expenses 2,987,712 2,826,516 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2016 (Expressed in Trinidad and Tobango Dollars) Net income 201,584,863 201,599,747 Notes 2016 2015 Other comprehensive income Assets Items that may be reclassified subsequently to profit or loss: Unrealised loss on revaluation 124,299,968 4,920,079,312 Cash and cash equivalents 125,135,202 5,087,501,844 16,106,063 5,317,946 Available-for-sale financial assets Held-to-maturity financial assets Interest receivable 16,640,499 5,242,021 6. (167,422,532) (389,230,769) Total comprehensive income/(loss) 34,162,331 (187,631,022) Total assets 5,066,261,800 5,234,061,05s Liabilities Accrued expenses 1473,494 1,475,080 1,473,494 1,475,080 Equity Capital account Undistributed income 5,100,000,000 145,084,132 (12,498,157) 5,100,000,000 144,708,995 Investment revaluation reserve (179,920,689) 5,064,788,306 5,232,585,975 Total liabilities and equity 5,066,261,800 5,234,061.05s Number of units 8 204,000,000 204,000,000 Net asets value per unit $24.83 $25.66