Al-`Aqar Healthcare REIT Annual Report 2022

MANAGEMENT DISCUSSION AND ANALYSIS FAIR VALUE OF INVESTMENT PROPERTIES FY2021 RM’000 FY2022 RM’000 Investment properties At 1 January 1,534,501 1,538,210 Addition - 192,000 Enhancements - 3,656 Disposal - (295) Effect of foreign currency exchange differences (1,827) (1,032) Gain/(Loss) on fair value of investment properties 5,536 (11,258) Total investment properties as at 31 December 1,538,210 1,721,281 Description of property FY2021 Fair Value RM’000 FY2022 Fair Value RM’000 KPJ Ampang Puteri Specialist Hospital 137,000 137,000 KPJ Damansara Specialist Hospital 138,000 138,000 KPJ Johor Specialist Hospital 122,000 122,000 KPJ Ipoh Specialist Hospital 89,000 89,000 KPJ Puteri Specialist Hospital 40,000 40,000 KPJ Selangor Specialist Hospital 84,000 84,000 Kedah Medical Centre 52,500 53,000 KPJ Perdana Specialist Hospital 42,000 42,000 KPJ Kuantan Care & Wellness Centre 16,800 16,500 KPJ Sentosa KL Specialist Hospital 31,000 31,000 KPJ Kajang Specialist Hospital 52,000 52,000 Taiping Medical Centre 10,000 22,500 Damai Care & Wellness Centre 11,000 12,000 KPJ International College, Penang 14,600 14,100 Tawakkal Health Centre 48,000 47,400 KPJ Healthcare University College, Nilai 102,000 102,000 KPJ Seremban Specialist Hospital 75,000 160,000 KPJ Penang Specialist Hospital 65,000 65,000 KPJ Tawakkal KL Specialist Hospital 139,000 139,000 KPJ Haemodialysis Kluang 4,700 4,700 KPJ Klang Specialist Hospital 104,000 104,000 KPJ Batu Pahat Specialist Hospital 80,000 80,000 KPJ Pasir Gudang Specialist Hospital - 90,000 Jeta Gardens Aged Care & Retirement Village 86,298 85,266 TOTAL PORTFOLIO - based on valuation report 1,543,898 1,730,466 Less: Unbilled rental income (5,688) (9,185) Total Portfolio Properties as at 31 December 1,538,210 1,721,281 45 1. Corporate Overview 3. Strategic Performance 5. Governance Structure 2. The Driving Forces 4. Sustainability Statement 6. Financial Reports

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