Al-`Aqar Healthcare REIT Annual Report 2019

04 Corporate Profile 05 Objective, Policy & Strategies 06 Corporate Information 08 Letter to Stakeholders 10 Salient Features 11 5 Years’ Financial Performance 13 Trading Performance 16 Analysis of Unitholdings 20 Trust Structure 21 Organisation Structure 22 The Board of Directors’ Profile 31 The Shariah Committee’s Profile 34 The Management 38 Management Discussion & Analysis 50 Investor & Public Relations 52 Market Report Summary 56 Portfolio Summary & Details 70 About This Report 70 Sustainable REIT 72 Governance and Accountability 72 Engaging Stakeholders 73 Materiality Assessment 74 Sustainability Pillars 74 Governance 75 People 76 Partner 78 Board Charter 85 Corporate Governance Statement 90 Audit Committee Report 92 Statement on Risk Management & Internal Control 98 Manager’s Report 104 Independent Auditors’ Report 108 Statements of Comprehensive Income 110 Statements of Financial Position 112 Statements of Changes in Net Asset Value 114 Statements of Cash Flows 116 Notes to the Financial Statements 163 Statement by the Directors of the Manager 164 Declaration by the Director of the Manager 165 Shariah Committee Report 166 Trustee’s Report 01 02 03 04 05 06 Corporate Overview Driving Force Strategic Performance Sustainability Report Essence of Corporate Governance Financial Reports 02 2019 Highlights