AL-SALAM REIT ANNUAL REPORT 2018

AL-SALĀM REIT ANNUAL REPORT 2018 154 The Fund Other - 2017 Retail Oice F&B F&B Non- Fund level outlets buildings restaurants restaurants operations Total RM RM RM RM RM RM Total revenue 50,298,557 9,136,457 9,802,650 10,795,098 - 80,032,762 Total property expenses (18,810,119) (3,685,042) (12,854) (367,436) (270,000) (23,145,451) Net property income 31,488,438 5,451,415 9,789,796 10,427,662 (270,000) 56,887,311 Fair value gain on investment properties - 683,150 3,080,000 1,300,000 - 5,063,150 Investment income - - - - 1,187,792 1,187,792 Total income 31,488,438 6,134,565 12,869,796 11,727,662 917,792 63,138,253 Total fund expenditure - - - - (4,061,305) (4,061,305) Operating proit 31,488,438 6,134,565 12,869,796 11,727,662 (3,143,513) 59,076,948 Islamic inancing costs - - - - (18,471,316) (18,471,316) Proit before tax 31,488,438 6,134,565 12,869,796 11,727,662 (21,614,829) 40,605,632 Income tax expense - - - - - - Proit for the inancial year 31,488,438 6,134,565 12,869,796 11,727,662 (21,614,829) 40,605,632 Total assets 615,161,560 91,611,248 161,670,000 168,317,061 (48,003,971) 988,755,898 Total liabilities 16,670,453 2,495,492 - 721,326 352,572,992 372,460,263