ALSREIT 2024 |
1 |
About This Report |
2 |
About Us |
4 |
2024 Highlights |
5 |
Corporate Profile |
6 |
Salient Features |
7 |
Corporate Information |
8 |
Trust Structure |
9 |
Organisation Structure |
10 |
Business Overview |
11 |
Letter To Stakeholders |
12 |
5-Year Financial Performance |
16 |
Trading Performance |
17 |
Market Summary Report |
18 |
Management Discussion and Analysis |
23 |
Investor Relations Report |
42 |
Sustainability Statement |
43 |
Our Statement at A Glance |
44 |
Progress on Our Path |
44 |
Our Reporting Scope and Boundary |
44 |
Reporting Frameworks and Standards |
45 |
Data Integrity |
45 |
We Value Your Perspective |
45 |
Our Sustainability Performance |
46 |
Our Dynamic Reporting Journey |
47 |
Key Foundations of Sustainability |
48 |
Advancing Global Initiatives |
49 |
Key Measures of ESG Performance |
50 |
Sustainability Leadership & Accountability |
51 |
Addresing Stakeholder Needs |
52 |
Recognising Our Material Sustainability Matters |
54 |
Integrating Climate Initiatives |
56 |
Robust Corporate Governance |
59 |
Sustainability Trust Fund |
63 |
Strong Social Relationships |
66 |
Environmental Stewardship |
74 |
Paving the Way for A Sustainable Future |
77 |
Performance Data Table |
78 |
Independent Limited Assurance Report |
81 |
GRI Content Index |
85 |
Corprorate Governance |
87 |
Board of Directors |
88 |
The Shariah Committee |
98 |
The Management Team |
101 |
Corporate Governance Overview Statement |
104 |
The Board Audit and Risk Committee Report |
116 |
Board Investment Committee Report |
123 |
Board Nomination and Remuneration Committee Report |
127 |
The Board Sustainability Committee Report |
131 |
Statement on Risk Management and Internal Control |
135 |
Additional Compliance Information |
153 |
Shariah Adviser's Report |
155 |
Trustee's Report |
156 |
Other Information |
157 |
Portfolio Summary and Details |
158 |
Analysis of Unitholdings |
172 |
Financial Statements |
176 |
Manager's Report |
177 |
Statement by the Directors of the Manager |
184 |
Statutory Declaration |
184 |
Independent Auditors' Report |
185 |
Statements of Comprehensive Income |
189 |
Statements of Financial Position |
191 |
Statement of Changes in Net Asset Value |
193 |
Statements of Cash Flows |
194 |
Notes to the Financial Statements |
196 |
Corporate information |
196 |
Basis of preparation and material accounting policies |
197 |
Significant accounting judgements and estimates |
211 |
Gross rental income |
212 |
Other income |
213 |
Investment income |
213 |
Tax expense |
213 |
Earnings per unit |
215 |
Income distribution |
215 |
Investment properties |
216 |
Equipment |
222 |
Investment in a subsidiary |
222 |
Trade receivables, other receivables and prepaid expenses |
223 |
Cash and bank balances |
226 |
Deferred tax liability |
226 |
Other payables and accrued expenses |
227 |
Islamic financing |
228 |
Unitholders’ capital |
230 |
Management Expense Ratio (‘MER’) |
231 |
Significant related party transactions |
232 |
Fair values of financial instruments |
232 |
Financial risk management objectives and policies |
234 |
Segment reporting |
237 |
Capital management |
242 |
Commitments |
243 |
Significant events |
243 |
Assets classified as held for sale |
244 |