AL-SALAM REIT ANNUAL REPORT 2018

AL-SALĀM REIT ANNUAL REPORT 2018 153 The Fund Other - 2018 Retail Oice F&B F&B Non- Fund level outlets buildings restaurants restaurants operations Total RM RM RM RM RM RM Total revenue 51,891,831 9,370,182 9,962,996 10,925,739 - 82,150,748 Total property expenses (19,533,116) (3,792,611) (16,191) (293,803) (270,000) (23,905,721) Net property income 32,358,715 5,577,571 9,946,805 10,631,936 (270,000) 58,245,027 Fair value gain on investment properties 365,684 - 4,027,000 3,189,000 - 7,581,684 Investment income - - - - 1,025,884 1,025,884 Total income 32,724,399 5,577,571 13,973,805 13,820,936 755,884 66,852,595 Total fund expenditure - - - - (3,141,983) (3,141,983) Operating proit 32,724,399 5,577,571 13,973,805 13,820,936 (2,386,099) 63,710,612 Islamic inancing costs - - - - (23,384,181) (23,384,181) Proit before tax 32,724,399 5,577,571 13,973,805 13,820,936 (25,770,280) 40,326,431 Income tax expense - - - - - - Proit for the inancial year 32,724,399 5,577,571 13,973,805 13,820,936 (25,770,280) 40,326,431 Total assets 801,767,796 92,881,651 165,697,000 173,762,393 (80,174,485) 1,153,934,355 Total liabilities 16,379,605 2,422,260 - 709,302 513,471,057 532,982,224