Al-`Aqar Healthcare REIT Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS 15. OTHER PAYABLES AND ACCRUED EXPENSES The Group The Fund 2018 2017 2018 2017 RM RM RM RM Non-current: Other payables - tenant deposits received 6,907,481 6,907,481 6,907,481 6,907,481 Current: Amount owing to the Trustee 23,023 23,029 23,023 23,029 Amount owing to the Manager 141,271 139,955 141,271 139,955 Amounts owing to related companies 346,271 39,680,000 346,271 39,680,000 Other payables 371,845 582,566 102,231 423,035 Third interim income distribution payable (Note 10) 14,204,497 - 14,204,497 - Accrued financing costs on Sukuk Ijarah Programme (Note 17) 3,871,840 7,017,006 - - Other accrued expenses 1,135,822 1,436,111 1,068,085 1,278,170 20,094,569 48,878,667 15,885,378 41,544,189 27,002,050 55,786,148 22,792,859 48,451,670 Amounts owing to related companies in the current year represents registrar’s fee, secretarial fee and maintenance fee payable to related companies. The amounts are non-trade, unsecured, interest-free and repayable on demand. Amounts owing to related companies in 2017 represents an outstanding balance of RM38,900,000 and RM780,000 in respect of the purchased of investment property in prior years together with its related Goods and Services Tax borne by the Fund, respectively. The amounts were unsecured, interest-free and repayable on demand. The currency exposure profile of other payables and accrued expenses are as follows: The Group The Fund 2018 2017 2018 2017 RM RM RM RM Ringgit Malaysia 26,703,548 55,502,694 22,792,859 48,451,670 Australian Dollar 298,502 283,454 - - 27,002,050 55,786,148 22,792,859 48,451,670 FINANCIAL REPORTS 133 FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 (CONTINUED)