Al-`Aqar Healthcare REIT Annual Report 2024

FINANCIAL STATEMENT & OTHER INFORMATION SECTION 5 151 Al-`Aqar Healthcare REIT | Annual Report 2024 The Group The Fund Note 2024 RM 2023 RM 2024 RM 2023 RM Revenue 4 117,215,932 121,022,481 116,248,674 115,250,328 Other income 636,093 731,276 612,971 731,276 Total revenue 117,852,025 121,753,757 116,861,645 115,981,604 Property expenses 5 (6,525,878) (6,552,386) (6,493,606) (6,486,678) Manager’s fees (4,651,967) (4,430,769) (4,651,967) (4,430,769) Professional fees (2,498,731) (3,298,450) (606,696) (1,031,315) Valuation fees (595,727) (653,198) (595,727) (622,000) Trustee’s fees (428,994) (418,825) (428,994) (418,825) Disposal fees (65,000) - (65,000) - Maintenance of property (1,542,427) (958,959) (1,542,427) (958,959) Total property expenses (16,308,724) (16,312,587) (14,384,417) (13,948,546) Net property income 101,543,301 105,441,170 102,477,228 102,033,058 Investment revenue 6 1,885,072 1,450,856 2,661,888 5,906,057 Gain on disposal of investment property 1,000,000 - 1,000,000 - Fair value written down of asset held for sale (16,571,468) - - - Fair value adjustment of investment properties 10,134,121 (5,151,250) 10,134,121 8,735,161 Total investment (loss)/income (3,552,275) (3,700,394) 13,796,009 14,641,218 Net investment income 97,991,026 101,740,776 116,273,237 116,674,276 Finance costs: Islamic financing (36,956,507) (36,834,869) (36,956,507) (36,834,869) Transaction cost 17 (1,652,481) (2,312,217) (1,652,481) (2,312,217) Unrealised gain on foreign exchange - 55,712 - 55,712 Directors fees (22,592) (23,398) - - Printing expenses (113,146) (45,848) (112,986) (45,688) Secretarial fee (915) (1,155) - - STATEMENTS OF COMPREHENSIVE INCOME For the year ended 31 December 2024

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