Al-`Aqar Healthcare REIT Annual Report 2019

06 FINANCIAL STATEMENT 114 The Group The Fund 2019 2018 2019 2018 Note RM RM RM RM Cash Flows From Operating Activities Profit before tax 76,148,013 92,291,662 73,770,982 83,111,785 Adjustments for: Finance costs 32,324,390 31,578,782 32,324,390 31,578,782 Investment revenue (1,655,201) (2,031,968) (10,550,265) (10,927,032) Allowance for impairment loss in investment in subsidiaries - - 4,000,000 7,000,000 Gain on fair value adjustment of investment properties (13,072,974) (30,341,920) (16,837,514) (30,341,920) Unrealised loss on foreign exchange 333,951 - 333,951 - Operating income before working capital changes 94,078,179 91,496,556 83,041,544 80,421,615 Changes in working capital: Trade receivables (11,021,330) 3,066,012 (3,622,314) (998,569) Other receivables and prepaid expenses (2,345,246) 842,920 (2,355,998) 849,385 Other payables and accrued expenses 2,987,728 (39,843,444) 2,867,071 (39,863,323) Net Changes In Working Capital (10,378,848) (35,934,512) (3,111,241) (40,012,507) Cash Flows Generated From Operating Activities 83,699,331 55,562,044 79,930,303 40,409,108 Real Property Gain Tax refunded - 2,391,525 - 2,391,525 Net Cash From Operating Activities 83,699,331 57,953,569 79,930,303 42,800,633 Cash Flows From Investing Activities Income received on investment 1,630,043 2,115,978 1,630,043 2,115,978 Profit sharing on advances from a subsidiary in Australia - - 10,668,629 889,507 Enhancement to investment properties (1,262,486) (2,858,080) (1,262,486) (2,858,080) Net Cash From/(Used In) Investing Activities 367,557 (742,102) 11,036,186 147,405 Statements Of Cash Flows For The Financial Year Ended 31 December 2019