AL-SALAM REIT ANNUAL REPORT 2017

158 AL-SALĀM REIT ANNUAL REPORT 2017 Financial liabilities The following table details the Fund’s expected contractual maturity for its non-derivative financial liabilities: 31 December 2017 Weighted average On demand effective Carrying Contractual or within Within profit amount cash flows 1 year 2 to 5 years % RM RM RM RM Non-profit bearing financial liabilities: Other payables and accrued expenses 21,294,725 21,294,725 6,945,237 14,349,488 Amount owing to related parties 366,571 366,571 366,571 - Profit bearing financial liabilities: Islamic Financing – Current 5.49 3,100,000 3,270,190 3,270,190 - Variable profit rate instruments - Islamic financing – Non-current 5.21 347,698,967 394,114,696 19,496,594 376,618,102 372,460,263 419,046,182 30,078,592 390,967,590 31 December 2016 Weighted average On demand effective Carrying Contractual or within Within profit amount cash flows 1 year 2 to 5 years % RM RM RM RM Non-profit bearing financial liabilities: Other payables and accrued expenses - 19,437,173 19,437,173 6,473,346 12,963,827 Profit bearing financial liabilities: Variable profit rate instruments - Islamic financing – Non-current 5.11 346,804,955 410,306,443 17,750,841 392,555,602 366,242,128 429,743,616 24,224,187 405,519,429 NOTES TO THE FINANCIAL STATEMENTS - CONT’D