Arion Bank hf. - Annual Financial Report

Annual financial statement of Arion Bank Mortgages Institutional Investor Fund (ABMIIF) for 2016

ABMIIF publishes its 2016 annual financial statement

  -- The fund reported annual earnings of ISK 1,537 million according to the
     income statement and the earnings are stated as an increase in units in the
     fund’s accounts.
  -- The net assets of the fund at the end of 2016 totalled ISK 24,607 million
     according to the balance sheet.
  -- The annual financial statement was audited by Deloitte ehf. in accordance
     with international standards on auditing. It is the auditor’s opinion that
     the financial statement gives a clear picture of the performance of the
     fund in 2016, its financial position as of 31 December 2016 and changes in
     the fund's net assets in 2016 in accordance with the Annual Accounts Act
     and the regulations on the financial statements of management companies of
     UCITS set by the Icelandic Financial Supervisory Authority.

The fund’s annual financial statement will be available on the website of
Stefnir hf. from today. www.stefnir.is 

For further information on the annual financial statement of ABMIIF please
contact Flóki Halldórsson, on +354 444 7464.

Attachments:

Financial statements ABMIIF 2016.pdf