Al-`Aqar Healthcare REIT Annual Report 2019

Al-`Aqar Healthcare REIT 06 FINANCIAL STATEMENT 115 The Group The Fund 2019 2018 2019 2018 Note RM RM RM RM Cash Flows From Financing Activities Finance costs paid on Islamic financing (31,194,287) (32,223,403) (1,607,418) (149,719) Finance costs paid on amount due to a subsidiary - - (28,961,350) (28,064,501) Transaction costs paid (660,000) (2,280,586) (660,000) (225,761) Decrease in amount due to a subsidiary - - (2,066,840) (2,896,177) Income distributions (57,186,006) (55,709,306) (57,186,006) (55,709,306) Increase in restricted cash (1,662,779) (665,782) (1,000,000) - Proceeds from issuance of units - 9,000,000 - 9,000,000 Net proceeds from Islamic financing 2,000,000 29,900,000 2,000,000 29,900,000 Net Cash Used In Financing Activities (88,703,072) (51,979,077) (89,481,614) (48,145,464) Net (Decrease)/ Increase In Cash And Cash Equivalents (4,636,184) 5,232,390 1,484,875 (5,197,426) Effects of changes in exchange rates (287,822) (1,498,727) - - Effect of foreign currency translation on cash and cash equivalents (333,951) - (333,951) - Cash And Cash Equivalents At Beginning Of Year 72,733,063 68,999,400 49,688,683 54,886,109 Cash And Cash Equivalents At End Of Year 14 67,475,106 72,733,063 50,839,607 49,688,683 Note: Addition to investment properties by the Group and the Fund during the financial year was financed through the proceeds from Islamic Financing as follows: The Group The Fund 2019 2018 2019 2018 Note RM RM RM RM Proceeds from Islamic Financing 17 80,000,000 - 80,000,000 - Addition to investment properties 11 (78,000,000) - (78,000,000) - 2,000,000 - 2,000,000 - The accompanying Notes form an integral part of the Financial Statements. Statements Of Cash Flows For The Financial Year Ended 31 December 2019 (Continued)