AL-SALAM REIT ANNUAL REPORT 2017

AL-SALĀM REIT ANNUAL REPORT 2017 149 12. EQUIPMENT 2017 2016 RM RM Cost At 1 January 152,290 - Additions 434,531 152,290 At 31 December 586,821 152,290 Accumulated Depreciation At 1 January (8,306) - Charge for the year (21,327) (8,306) At 31 December (29,633) (8,306) Net Book Value At 31 December 557,188 143,984 13. TRADE RECEIVABLES, OTHER RECEIVABLES AND PREPAID EXPENSES 2017 2016 RM RM Trade receivables 1,753,686 1,180,421 Accrued percentage rent 2,770,101 2,643,789 4,523,787 3,824,210 Trade receivables comprise rental receivable from lessees. The credit period granted by the Fund on rental receivable from lessees ranges from 30 to 60 days (2016: 30 to 60 days). NOTES TO THE FINANCIAL STATEMENTS - CONT’D