AL-SALAM REIT ANNUAL REPORT 2018

AL-SALĀM REIT ANNUAL REPORT 2018 113 Note The Group The Fund 2018 2018 2017 RM RM RM CASH FLOWS FROM/(USED IN) INVESTING ACTIVITIES Income received from other investments 1,025,884 1,025,884 1,181,609 Purchase of equipment 13 (397,914) (397,914) (434,531) Increase in pledged deposits with licensed banks 15 (2,776,407) (358,000) (330,000) Additions to investment properties 11 (5,779,425) (5,779,425) (316,850) Investment in subsidiary 12 - (2) - Net Cash (Used in)/From Investing Activities (7,927,862) (5,509,457) 100,228 CASH FLOWS FROM/(USED IN) FINANCING ACTIVITIES Income distributions paid 10 (29,869,935) (29,869,935) (36,249,858) Islamic inancing costs paid (21,209,723) (21,209,723) (15,163,312) Transaction cost paid (2,350,155) (2,350,155) (2,301,033) Increase in amount owing to a subsidiary - 2,993,295 - Net proceed in Islamic inancing 7,830,109 2,418,407 3,100,000 Net Cash Used In Financing Activities (45,599,704) (48,018,111) (50,614,103) NET DECREASE IN CASH AND CASH EQUIVALENTS (1,080,064) (1,080,048) (2,704,378) CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 35,151,281 35,151,281 37,855,659 CASH AND CASH EQUIVALENTS AT END OF YEAR 15 34,071,217 34,071,233 35,151,281 The accompanying Notes form an integral part of the Financial Statements. Statements Of Cash Flows For The Financial Year Ended 31 December 2018 - Cont'd