AL-SALAM REIT ANNUAL REPORT 2020

160 AL-SALĀM REIT NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2020 (CONT’D) 23. SEGMENT REPORTING (CONT'D) The accounting policies of the reportable segments below are the same as the Group’s and the Fund’s accounting policies described in Note 2. F&B Other - Fund Retail Office F&B Non- level outlets buildings restaurants restaurants operations Total RM RM RM RM RM RM Group For the year ended 31 December 2019 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) 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