AL-SALAM REIT ANNUAL REPORT 2020

156 AL-SALĀM REIT NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2020 (CONT’D) 22. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (CONT'D) (b) Liquidity risk (cont'd) Maturity analysis T he table below summarises the maturity profile of the Group’s and the Fund’s financial liabilities as at the reporting date based on undiscounted contractual payments: Weighted On average demand Within effective Carrying Contractual or within 2 to 5 profit rate amount cash flows 1 year years % RM RM RM RM Group 31 December 2020 Non-profit bearing financial liabilities: Other payables and accrued expenses - 22,071,163 22,071,163 13,124,845 8,946,318 Profit bearing financial liabilities: Variable profit rate instruments - Islamic financing 3.77 633,855,901 708,259,200 52,000,000 656,259,200 Fund 31 December 2020 Non-profit bearing financial liabilities: Other payables and accrued expenses - 21,659,401 21,659,401 12,713,083 8,946,318 Profit bearing financial liabilities: Variable profit rate instruments - Islamic financing 3.82 117,108,795 136,030,400 - 136,030,400 Amount owing to a subsidiary 3.72 511,526,831 572,228,800 52,000,000 520,228,800 Group 31 December 2019 Non-profit bearing financial liabilities: Other payables and accrued expenses - 27,055,250 27,055,250 19,872,681 7,182,569 Amount owing to related companies - 513,948 513,948 513,948 - Profit bearing financial liabilities: Variable profit rate instruments - Islamic financing 5.29 597,532,653 622,922,428 516,703,846 106,218,582 Fund 31 December 2019 Non-profit bearing financial liabilities: Other payables and accrued expenses - 26,153,618 26,153,618 18,971,049 7,182,569 Amount owing to related companies - 513,948 513,948 513,948 - Profit bearing financial liabilities: Variable profit rate instruments - Islamic financing 5.20 435,487,807 455,705,573 349,486,991 106,218,582 Amount owing to a subsidiary 5.46 160,303,801 167,216,855 167,216,855 -