AL-SALAM REIT ANNUAL REPORT 2019

The accounting policies of the reportable segments below are the same as the Group’s and the Fund’s accounting policies described in Note 3. F&B Other - Fund Retail Office F&B Non- level The Group outlets buildings restaurants restaurants operations Total 2019 RM RM RM RM RM RM Total revenue 59,862,435 9,235,256 14,502,830 11,311,863 - 94,912,384 Total property expenses (21,304,791) (3,788,511) (30,674) (253,918) (413,476) (25,791,370) Net property income/(loss) 38,557,644 5,446,745 14,472,156 11,057,945 (413,476) 69,121,014 Fair value (loss)/gain on investment properties (906,717) (117,292) 4,458,157 108,900 - 3,543,048 Investment income - - - - 1,067,052 1,067,052 Total income 37,650,927 5,329,453 18,930,313 11,166,845 653,576 73,731,114 Total fund expenditure - - - - (3,756,391) (3,756,391) Operating profit/(loss) 37,650,927 5,329,453 18,930,313 11,166,845 (3,102,815) 69,974,723 Islamic financing costs - - - - (33,822,079) (33,822,079) Profit/(Loss) before tax 37,650,927 5,329,453 18,930,313 11,166,845 (36,924,894) 36,152,644 Income tax expense - - - - - - Profit/(Loss) for the financial year 37,650,927 5,329,453 18,930,313 11,166,845 (36,924,894) 36,152,644 Total assets 829,481,939 99,071,340 253,935,000 181,775,811 (115,084,345) 1,249,179,745 Total liabilities 177,764,643 2,490,828 - 680,011 444,166,369 625,101,851 AL-SALĀM REIT • 146 ANNUAL REPORT 2019 For The Financial Year Ended 31 December 2019 (Cont’d) Notes To The Financial Statements