AL-SALAM REIT ANNUAL REPORT 2018

AL-SALĀM REIT ANNUAL REPORT 2018 147 Financial instruments that are neither past due nor impaired Information regarding receivables that are neither past due nor impaired is disclosed in Note 14. Deposits with banks and other inancial institutions are placed with reputable inancial institutions with good credit ratings. (b) Liquidity Risk Management Liquidity risk is the risk that the Group and the Fund may encounter diiculty in meeting inancial obligations on time due to shortage of funds. The Group’s and the Fund’s exposure to liquidity risk arises frommismatches of the maturities of inancial assets and liabilities. The Group’s and the Fund’s approach are to maintain a balance between continuity of funding and lexibility through the use of their credit and inancing facilities. The Group and the Fund manage liquidity risk by maintaining adequate reserves, banking facilities and inancing facilities, by continuously monitoring forecast and actual cash low from their portfolios, and by matching the maturity proiles of inancial assets and liabilities. Financial assets The following table details the Group’s and the Fund’s expected contractual maturity for its non-derivative inancial assets: The Group 31 December 2018 Non-profit bearing financial assets: Trade receivables (Note 14) Other receivables (Note 14) Amount owing by related companies Profit bearing financial asset: Fixed profit rate instruments - deposits financial institutions Cash and bank balances Weighted Average e ective profit rate % 3.60 Carrying amount RM 4,853,859 1,647,259 3,321,296 34,273,000 12,489,624 56,585,038 Contractual cash flows RM 4,853,859 1,647,259 3,321,296 34,629,110 12,489,624 56,941,148 On demand or within 1 year RM 4,853,859 1,647,259 3,321,296 34,629,110 12,489,624 56,941,148