NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 9. Income distributions (cont’d) For the financial years ended 31 December 2022 and 2021, the Manager, with the approval of the Trustee, has declared the following income distributions (cont’d): Group and Fund 2022 2021 RM RM Income distribution on ordinary shares in respect of the previous financial year Final income distribution of 1.80 (2021: 3.45) sen per unit declared on 27 January 2022 (2021: 26 January 2021) and paid on 28 February 2022 (2021: 26 February 2021) 13,247,724 25,391,478 57,406,808 69,550,571 The Manager had declared a final income distribution of 2.10 (2021: 1.80) sen per unit totaling RM15,886,201 for the financial year ended 31 December 2022 on 2 February 2023 (2021: 26 January 2022). The financial statements for the current year do not reflect this final income distribution. Such income distribution will be accounted for in equity as an appropriation of profits in the financial year ending 31 December 2023. The total distributions (including proposed final income distribution) for the financial year ended 31 December 2022 amounting to RM60,045,285 (2021: RM57,406,817). Total income distribution is 8.10 (2021: 7.80) sen per unit. Income distributions to unitholders is derived from the following sources: Group Fund 2022 2021 2022 2021 RM RM RM RM Net rental income 104,199,014 108,221,873 98,610,075 98,405,378 Investment revenue 922,748 623,104 5,377,949 7,382,380 Realised gain on foreign exchange - 11,182 - 11,182 Other income 1,005,423 532,331 579,833 532,303 Interest accretion on tenant deposits 359,332 1,018,526 359,332 1,018,526 Less: Amortisation of deferred income (406,923) (347,829) (406,923) (347,829) Less: Unbilled rental income (3,497,314) (2,843,801) (3,497,314) (2,843,801) 102,582,280 107,215,386 101,022,952 104,158,139 Less: Expenses (34,816,515) (41,996,797) (34,315,822) (39,757,530) Realised income for the year 67,765,765 65,218,589 66,707,130 64,400,609 Undistributed income brought forward 62,823,720 67,155,702 60,692,459 65,842,421 Less: Undistributed income (73,182,677) (62,823,720) (69,992,781) (60,692,459) 57,406,808 69,550,571 57,406,808 69,550,571 169 1. Corporate Overview 3. Strategic Performance 5. Governance Structure 2. The Driving Forces 4. Sustainability Statement 6. Financial Reports
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