AL-SALAM REIT ANNUAL REPORT 2019

Note The Group The Fund 2019 2018 2019 2018 RM RM RM RM CASH FLOWS FROM/(USED IN) OPERATING ACTIVITIES Profit before tax 36,152,644 40,301,411 36,218,863 40,326,431 Adjustments for: Islamic financing costs: Finance costs 31,636,851 22,076,860 31,636,851 22,076,860 Imputed finance costs 2,185,227 1,307,321 2,185,227 1,307,321 Depreciation of equipment 140,211 59,959 140,211 59,959 Fair value gain on investment properties (3,543,048) (7,581,684) (3,543,048) (7,581,684) Investment income (1,067,052) (1,025,884) (1,067,052) (1,025,884) Unbilled rental income (4,214,668) (853,005) (4,214,668) (853,005) Operating Profit Before Working Capital Changes 61,290,165 54,284,978 61,356,384 54,309,998 Decrease/(Increase) in: Trade receivables 813,232 (2,828,007) 813,232 (2,828,007) Other receivables and prepaid expenses 803,742 1,043,091 814,422 1,043,090 Amount owing by related companies 37,715 1,569,429 37,715 1,569,429 Increase/(Decrease) in: Other payables and accrued expenses 870,092 (2,335,948) 870,093 (2,360,949) Amount owing to related companies (566,582) 713,959 (566,582) 713,959 Net Cash From Operating Activities 63,248,364 52,447,502 63,325,264 52,447,520 CASH FLOWS FROM/(USED IN) INVESTING ACTIVITIES Income received from other investments 1,067,052 1,025,884 1,067,052 1,025,884 Purchase of equipment 13 (175,645) (397,914) (175,645) (397,914) Additions to investment properties A (1,125,254) (5,779,425) (1,125,254) (5,779,425) Investment in subsidiary 12 - - - (2) Net Cash Used in Investing Activities (233,847) (5,151,455) (233,847) (5,151,457) Statements of Cash Flows AL-SALĀM REIT • 112 ANNUAL REPORT 2019 For The Financial Year Ended 31 December 2019