AL-SALAM REIT ANNUAL REPORT 2017

150 AL-SALĀM REIT ANNUAL REPORT 2017 The ageing analysis of the Fund’s trade receivables is as follows: 2017 2016 RM RM 0 - 30 days 3,789,287 3,470,384 31 - 60 days 214,633 148,365 61 - 90 days - 13,297 91 - 120 days 519,867 192,164 4,523,787 3,824,210 The Fund has not recognised any allowance for doubtful debts as the Fund holds tenant deposits as credit enhancement and the amounts are considered recoverable. Other receivables and prepaid expenses consist of: 2017 2016 RM RM Other receivables 1,688,355 2,377,154 Prepaid expenses 1,647,497 739,190 Deposit for acquisition of properties 5,410,000 - Other receivables and prepaid expenses 8,745,852 3,116,344 Less: Prepaid expenses (1,647,497) (739,190) Deposit for acquisition of properties (5,410,000) - Add: Trade receivables 4,523,787 3,824,210 Amounts owing by related parties 2,392,790 1,566,792 Fixed deposits with licensed banks 32,415,000 41,085,000 Cash and bank balances 12,651,281 6,355,659 Total loans and receivables 53,671,213 55,208,815 Deposits for acquisition of properties represent deposits paid for the proposed acquisition of 22 properties across Malaysia by AmanahRaya Trustees Berhad (the “Trustee”) Amounts owing by related parties, which arose mainly from rental income receivable and collections’ unsecured, interest- free and repayable on demand. Transactions with related parties are disclosed in Note 20. NOTES TO THE FINANCIAL STATEMENTS - CONT’D