Al-`Aqar Healthcare REIT Annual Report 2020

Financial Reports 139 12. Trade receivables, other receivables and prepaid expenses Group Fund 2020 2019 2020 2019 RM RM RM RM Trade receivables Non-current Related company 5,373,102 - - - Current Related companies 22,436,488 13,267,472 6,859,456 4,838,597 Less: Allowance for expected credit losses (Note (a)) - - - - 22,436,488 13,267,472 6,859,456 4,838,597 Unbilled rental income 2,843,801 - 2,843,801 - 25,280,289 13,267,472 9,703,257 4,838,597 Other receivables and prepaid expenses Other receivables 46,258 112,429 19,729 69,373 Prepayments 112,808 3,399,916 112,808 3,399,916 Prepaid profit for Murabahah Tawarruq - 4,302 - 4,302 159,066 3,516,647 132,537 3,473,591 Total receivables (trade and non-trade) 30,812,457 16,784,119 9,835,794 8,312,188 Add: Amount due from a subsidiary - - 116,226,223 109,154,648 Add: Fixed deposits with licensed banks 36,276,092 44,283,132 16,518,131 25,000,000 Add: Cash and bank balances 46,396,739 43,470,684 31,395,992 26,839,607 Less: Prepayments (112,808) (3,399,916) (112,808) (3,399,916) Less: GST receivable (5,477) (48,517) (5,477) (48,517) Total financial assets at amortised cost (debt instruments) 113,367,003 101,089,502 173,857,855 165,858,010 (a) Trade receivables Trade receivables comprise rental receivable from lessees and unbilled rental income. Unbilled rental income consists of unbilled incremental lease rental receivable from Pasir Gudang Specialist Hospital (“KPJ Batu Pahat”). The lease rental receivables from KPJ Batu Pahat is incremental by 10% every 3 years from the commencement date up to the term of 30 years. This rental income is recognised on straight-line basis over the lease term of 30 years. The credit period granted by the Group and the Fund on rental receivable from lessees ranges from 1 to 7 days (2019: 1 to 7 days). Notes to the Financial Statements For the Year Ended 31 December 2020