AL-SALAM REIT ANNUAL REPORT 2020

120 AL-SALĀM REIT Group Fund Note 2020 2019 2020 2019 RM RM RM RM Current liabilities Other payables and accrued expenses 16 13,124,845 19,872,681 12,713,083 18,971,049 Amount due to related companies 16 - 513,948 - 513,948 Amount due to a subsidiary 20 - - 52,000,000 160,303,801 Islamic financing 17 52,000,000 511,531,837 - 349,486,991 65,124,845 531,918,466 64,713,083 529,275,789 Total liabilities 657,172,645 625,101,851 651,540,608 622,459,174 Total unitholders' fund and liabilities 1,254,554,026 1,249,179,745 1,249,072,423 1,246,628,307 Number of units in circulation 18 580,000,000 580,000,000 580,000,000 580,000,000 Net asset value ("NAV") - before income distribution 597,381,381 624,077,894 597,531,815 624,169,133 - after income distribution 590,305,381 615,899,972 590,455,815 615,991,211 NAV per unit - before income distribution 1.03 1.08 1.03 1.08 - after income distribution 1.02 1.06 1.02 1.06 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2020 (CONT’D)