AL-SALAM REIT ANNUAL REPORT 2019

2019 2018 RM RM The Fund Islamic Financing Islamic financing 348,592,979 350,798,967 Accrued finance costs (Note 16) 553,401 574,445 Total Islamic financing at beginning of year 349,146,380 351,373,412 Repayment of: Finance costs (22,436,286) (18,824,321) Transaction costs (1,206,570) - Commodity Murabahah Revolving Credit-i through financing from a subsidiary company - (3,100,000) Net financing cash flows used for acquisition of investment properties 87,026,400 - 412,529,924 329,449,091 Non-cash changes Accruals of finance costs 22,601,079 18,803,277 Imputed finance cost 1,074,998 894,012 At end of year 436,206,001 349,146,380 The total Islamic Financing of the Fund as of the end of the reporting period comprised of the following: 2019 2018 RM RM Islamic financing 435,487,807 348,592,979 Accrued finance costs (Note 16) 718,194 553,401 436,206,001 349,146,380 2019 2018 RM RM The Fund Amount owing to a subsidiary At beginning of year 159,317,928 - Acquisition of investment properties - 151,854,891 (Decrease)/Increase in amount due to subsidiary company (112,807) 8,511,702 Repayment of: Transaction costs - (2,350,155) Finance costs (9,047,321) (2,385,402) 150,157,800 155,631,036 Non-cash changes Accruals of finance cost 9,035,772 3,273,583 Imputed finance cost 1,110,229 413,309 160,303,801 159,317,928 AL-SALĀM REIT • 138 ANNUAL REPORT 2019 For The Financial Year Ended 31 December 2019 (Cont’d) Notes To The Financial Statements