Al-`Aqar Healthcare REIT Annual Report 2019

Al-`Aqar Healthcare REIT 06 FINANCIAL STATEMENT 137 Notes To The Financial Statements For The Financial Year Ended 31 December 2019 (Continued) 9. EARNINGS PER UNIT The gross and net earnings per unit, which are calculated based on the profit before tax and profit for the financial year of the Group, divided by the weighted average number of units in circulation as of 31 December 2019 and 2018, are as follows: The Group 2019 2018 RM RM Earnings attributable to unitholders: Profit before tax 76,148,013 92,291,662 Profit for the year 76,161,737 91,374,454 Weighted average number of units 735,985,088 728,885,419 Gross earnings per unit (sen) 10.35 12.66 Net earnings per unit (sen) 10.35 12.54 10. NET INCOME DISTRIBUTIONS For the financial years ended 31 December 2019 and 2018, the Manager, with the approval of the Trustee, has declared the following distributions: The Group and the Fund 2019 2018 RM RM Final distribution 2018 - 2.07 sen per unit (2017: 3.95 sen) 15,234,884 28,764,942 First interim distribution 2019 - 1.91 sen per unit (2018: 1.75 sen) 14,057,310 12,743,963 Second interim distribution 2019 - 1.86 sen per unit (2018: 1.95 sen) 13,689,315 14,200,416 Third interim distribution 2019 - 1.96 sen per unit (2018: 1.93 sen) 14,425,308 14,204,497 57,406,817 69,913,818 The Manager had declared a final income distribution of 2.02 sen per unit totaling RM14,866,899 for the financial year ended 31 December 2019 on 30 January 2020 and has not been included as a liability in the financial statements. The total distributions (including proposed final distribution) for the financial year ended 31 December 2019 amount to RM57,038,832 (2018: RM56,383,760). Total distribution is 7.75 sen per unit (2018: 7.70 sen per unit).