AL-SALAM REIT ANNUAL REPORT 2017

AL-SALĀM REIT ANNUAL REPORT 2017 127 Note 2017 2016 RM RM CASH FLOWS FROM/(USED IN) FINANCING ACTIVITIES Income distributions paid 10 (36,249,858) (22,039,901) Islamic financing costs paid (17,464,245) (17,849,508) Increase in Islamic financing 16 3,100,000 - Net Cash (Used In) Financing Activities (50,614,103) (39,889,409) NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS (2,704,378) 21,658,017 CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 37,855,659 16,197,642 CASH AND CASH EQUIVALENTS AT END OF YEAR 14 35,151,281 37,855,659 The accompanying Notes form an integral part of the Financial Statements. STATEMENT OF CASH FLOWS - CONT’D