AL-SALAM REIT ANNUAL REPORT 2017

AL-SALĀM REIT ANNUAL REPORT 2017 153 Reconciliation of liabilities arising from financing activities The table below details the changes in the Fund’s liabilities arising from financing activities, including both cash and non- cash changes. Liabilities arising from financing activities are those for which cash flows were, or future cash flows will be, classified in the Fund’s financial statements of cash flows as cash flows from financing activities. 2017 Non-Current Current Total Islamic Financing RM RM RM At beginning of year 346,804,955 - 346,804,955 Financing cash flows (17,421,814) 3,057,569 (14,364,245) 329,383,141 3,057,569 332,440,710 Non-cash changes Accruals of finance costs 18,428,885 42,431 18,471,316 Decrease in accruals (113,059) - (113,059) At end of year 347,698,967 3,100,000 350,798,967 17. UNITHOLDERS’ CAPITAL No. of units 2017 2016 2017 2016 RM RM Unitholders’ capital 580,000,000 580,000,000 572,545,319 572,545,319 The Fund issued 580,000,000 units of RM1 each in conjunction with the Fund’s IPO on the Main Market of Bursa Malaysia on 29 September 2015 of which 327,640,000 units of RM1 each were issued to vendors of the Fund’s investment properties to partially finance the acquisition of the said investment properties. The remaining 252,360,000 units of RM1 each were issued as part of the IPO to institutional investors and the Malaysian public. Details of units held by the related parties of the Manager which comprise companies related to Johor Corporation, a body corporate established under the Johor Corporation Enactment No. 4, 1968 (as amended under Enactment No. 5, 1995) and substantial unitholders of the Fund, and their market value as of 31 December 2017 based on the Record of Depositors are as follows: NOTES TO THE FINANCIAL STATEMENTS - CONT’D