CONTRIBUTION BY SEGMENT The Group’s segmental reporting is based on its geographical location of customers and assets 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. The segmental performance is evaluated based on operating profit. REVENUE CONTRIBUTION FY2021 RM ‘000 FY2022 RM ‘000 Growth % Malaysia 104,245 104,588 0.3 Australia 9,827 5,651 (42.5) Malaysian Segment The Malaysian segment, as the key contributor, contributed 94.9% (FY2021: 91.4%) to the Group’s total revenue. This segment reported revenue of RM104.6 million in FY2022, a marginal increase of 0.3% from RM104.2 million in FY2021. In terms of NPI, Malaysian segment contributed 94.6% (FY2021: 90.9%) to the Group’s total NPI. This segment reported NPI of RM98.6 million in FY2022, a slight increase of 0.2% from RM98.4 million in FY2021. Australian Segment The Australian segment contributed 5.1% (FY2021: 8.6%) to Group’s total revenue in FY2022. It reported revenue of RM5.7 million in FY2022, a substantial drop of 42.5% from RM9.8 million in FY2021. In terms of NPI, this segment contributed 5.4% (FY2021: 9.1%) to Group’s total NPI. Australian segment reported NPI of RM5.6 million in FY2022, a decrease of 43.1% from RM9.8 million in FY2021. The decrease was mainly due to rent review exercise effective from October 2021. MANAGEMENT DISCUSSION AND ANALYSIS Key Financials FY2021 RM ‘000 FY2022 RM ‘000 Growth % The Group: -Gross revenue 114,072 110,239 (3.4) -Net Property Income (NPI) 108,222 104,199 (3.7) -Profit for the year (realised) 65,219 67,766 3.9 -EPU (realised) (sen) 8.86 9.20 3.8 The Fund: -Income available for distribution 59,650 63,012 5.6 -DPU (sen) 7.80 8.10 3.8 FINANCIAL REVIEW NPI CONTRIBUTION FY2021 RM ‘000 FY2022 RM ‘000 Growth % Malaysia 98,405 98,610 0.2 Australia 9,817 5,589 (43.1) AL-`AQAR HEALTHCARE REIT ANNUAL REPORT 2022 42
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