Al-`Aqar Healthcare REIT Annual Report 2020

AL-`AQAR HEALTHCARE REIT Annual Report 2020 154 23. Financial risk management objectives and policies (cont’d) (d) Foreign currency risk (cont’d) Sensitivity analysis for foreign currency risk The following table demonstrates the sensitivity of the Group’s and the Fund’s profit/(loss) net of tax to a reasonably possible change in the AUD exchange rates against the functional currency of the Group and the Fund, with all other variables held constant. Other comprehensive income Group Fund 2020 2019 2020 2019 RM RM RM RM AUD Strengthened 5% 2,153,320 1,097,180 518,462 481,657 Weakened 5% (2,153,320) (1,097,180) (518,462) (481,657) 24. Segment reporting The Group has a single operating segment. For management purposes, the Group is organised into business units based on the geographical location of customers and assets, and has two reportable segments as follows: (i) Malaysia (ii) Australia Management monitors the operating results of its business units separately for the purpose of making decisions on resource allocation and performance assessment. Segment performance is evaluated based on operating profit. The Group’s segmental information is as follows: 31 December 2020 Malaysia Australia Total RM RM RM Gross rental 103,918,211 11,792,068 115,710,279 Property expenses (5,943,869) (152,184) (6,096,053) Net property income 97,974,342 11,639,884 109,614,226 Investment revenue 1,011,305 - 1,011,305 Unrealised gain on foreign exchange 736,084 - 736,084 Other income 1,414,273 - 1,414,273 Fair value adjustment on investment properties (5,423,801) (42,348,660) (47,772,461) Total income 95,712,203 (30,708,776) 65,003,427 Expenditure (14,283,068) (1,841,909) (16,124,977) Notes to the Financial Statements For the Year Ended 31 December 2020