AL-SALAM REIT ANNUAL REPORT 2018

AL-SALĀM REIT ANNUAL REPORT 2018 133 9. EARNINGS PER UNIT The gross and net earnings per unit, which are calculated based on the proit before tax and proit for the inancial year of the Group and the Fund, respectively, divided by the weighted average number of units in circulation as of 31 December 2018, are as follows: The Group The Fund 2018 2018 2017 RM RM RM Earnings attributable to unitholders: Proit before tax and proit for the year 40,301,411 40,326,431 40,605,632 Number of units 580,000,000 580,000,000 580,000,000 Gross earnings per unit (sen) 6.95 6.95 7.00 Net earnings per unit (sen) 6.95 6.95 7.00 10. NET INCOME DISTRIBUTION The Group The Fund 2018 2018 2017 RM RM RM Final distribution 2016 - 3.40 sen per unit - - 19,719,924 Interim distribution 2017 - 2.85 sen per unit - - 16,529,934 Final distribution 2017 - 3.15 sen per unit 18,269,935 18,269,935 First interim distribution 2018 1.00 sen per unit 5,800,000 5,800,000 - Second interim distribution 2018 1.00 sen per unit 5,800,000 5,800,000 - Third interim distribution 2018 1.00 sen per unit 5,800,000 5,800,000 - 35,669,935 35,669,935 36,249,858 On 29 January 2018, the Manager, after consultation with the Trustee, declared a inal income distribution of 3.15 sen per unit totalling RM18.27 million for the inancial year ended 31 December 2017. The said distribution was paid on 28 February 2018. On 24 May 2018, the Manager, after consultation with the Trustee, declared a irst interim income distribution of 1.00 sen per unit totalling RM5.80 million for the inancial year ended 31 December 2018. The said distribution was paid on 9 July 2018. On 29 August 2018, the Manager, after consultation with the Trustee, declared a second interim income distribution of 1.00 sen per unit totalling RM5.80 million for the inancial year ended 31 December 2018. The said distribution was paid on 19 October 2018. On 30 November 2018, the Manager, after consultation with the Trustee, declared a third interim income distribution of 1.00 sen per unit totalling RM5.80 million for the inancial year ended 31 December 2018. The distribution was approved by the Trustee and has been included as a liability in the inancial statements. The said distribution was paid on 14 January 2019.