AL-SALAM REIT ANNUAL REPORT 2017

AL-SALĀM REIT ANNUAL REPORT 2017 145 10. NET INCOME DISTRIBUTION 2017 2016 RM RM Final distribution 2015 - 1.20 sen per unit - 6,959,977 Interim distribution 2016 - 2.60 sen per unit - 15,079,924 Final distribution 2016 - 3.40 sen per unit 19,719,924 - Interim distribution 2017 - 2.85 sen per unit 16,529,934 - 36,249,858 22,039,901 On 27 January 2017, the Manager, after consultation with the Trustee, declared a final income distribution of 3.40 sen per unit totalling RM19.72 million for the financial year ended 31 December 2016. The said distribution was paid on 28 February 2017. On 25 August 2017, the Manager, after consultation with the Trustee, declared an interim income distribution of 2.85 sen per unit totalling RM16.53 million for the financial year ended 31 December 2017. The said distribution was paid on 13 October 2017. Distribution to unitholders is derived from the following sources: 2017 2016 RM RM Net property income 56,887,311 56,912,556 Investment income 1,187,792 943,064 58,075,103 57,855,620 Less: Fund expenses (22,532,621) (21,818,212) Realised income for the year 35,542,482 36,037,408 Undistributed income brought forward 21,052,037 7,054,530 Less: Undistributed income (20,344,661) (21,052,037) 36,249,858 22,039,901 NOTES TO THE FINANCIAL STATEMENTS - CONT’D