DMIT Annual Report 2017

N OTES TO THE C ONSOLIDATED F INANCIAL S TATEMENTS (Thousands of US dollars) Dar Al-Maal Al-Islami Trust 60 14. Fair values of land and buildings (continued) Information about fair value measurements using significant unobservable inputs (Level 3) for significant properties Description At 31 December 2016 Fair Value Valuation technique(s) Unobservable inputs Range of unobservable inputs (probability – weighted average) Relationship of unobservable inputs to fair value Tour de Cointrin Switzerland 43,325 Market comparable rents and sales and discounted cash flow Rents per square meter, price per square meter, Capitalisation / discount rate CHF 260-650 (CHF 450), CHF 7,500-9,000 (CHF 7,800), 5.0-5.5% (5.25%) The higher the rent or price the higher the fair value. The lower the discount rate the higher the fair value. Emile De Mot Belgium 1,884 Income Capitalisation & Sales Comparison Approach Rents per square meter Office EUR 95- 196 (EUR 110), Retail EUR 150- 250 (EUR 150), Archive & Storage EUR 50-70 (EUR 55), Parking EUR 1,001- 2,294 (EUR 1,400) The higher yield and net income generated for a property results in the higher fair value. Capitalisation 5.77%-10.93% (7.15%) Al Khumrah Land Kingdom of Saudi Arabia 53,711 Residual Approach Price per square meter Net Land Value SAR 547 The higher the price per square meter the higher the fair value. Hidd Land Kingdom of Bahrain 3,278 Sales Comparison Approach Price per square foot BHD 23 The higher the price per square foot the higher the fair value.