AL-SALAM REIT ANNUAL REPORT 2019

Statements of Cash Flows AL-SALĀM REIT • 113 ANNUAL REPORT 2019 For The Financial Year Ended 31 December 2019 (Cont’d) Note The Group The Fund 2019 2018 2019 2018 RM RM RM RM CASH FLOWS (USED IN)/FROM FINANCING ACTIVITIES Increase in pledged deposits with licensed banks 15 (2,696,000) (358,000) (366,000) (358,000) Decrease/(Increase) in restricted cash 15 2,294,109 (2,418,407) - - Income distributions paid 10 (32,595,861) (29,869,935) (32,595,861) (29,869,935) Islamic financing costs paid 17 (31,483,607) (21,209,723) (31,483,607) (21,209,723) Transaction cost paid 17 (1,206,570) (2,350,155) (1,206,570) (2,350,155) (Decrease)/Increase in amount owing to a subsidiary - - (112,807) 2,993,295 Net proceed/(repayment) in Islamic financing 17 - 7,830,109 - (3,100,000) Net Cash Used In Financing Activities (65,687,929) (48,376,111) (65,764,845) (48,376,111) NET DECREASE IN CASH AND CASH EQUIVALENTS (2,673,412) (1,080,064) (2,673,428) (1,080,048) CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 34,071,217 35,151,281 34,071,233 35,151,281 CASH AND CASH EQUIVALENTS AT END OF YEAR 15 31,397,805 34,071,217 31,397,805 34,071,233 Note A Addition to investment properties by the Group and the Fund during the financial year through the following: Note The Group The Fund 2019 2018 2019 2018 RM RM RM RM Payment by cash 1,125,254 5,779,425 1,125,254 5,779,425 Capitalisation of deposit for acquisition of properties 14 3,254,298 - 3,254,298 - Proceeds from borrowing 17 87,026,400 151,854,891 87,026,400 - Amount owing to a subsidiary 17 - - - 151,854,891 91,405,952 157,634,316 91,405,952 157,634,316 The accompanying Notes form an integral part of the Financial Statements.