AL-SALAM REIT ANNUAL REPORT 2023

215 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 FINANCIAL STATEMENTS 4. Gross rental income Group Fund 2023 2022 2023 2022 RM RM RM RM Rental income: - Base rental income 60,393,265 58,987,413 60,393,265 58,987,413 - Unbilled rental income 3,229,641 3,593,176 3,229,641 3,593,176 Percentage rent 2,566,489 2,486,517 2,566,489 2,486,517 Service charges 3,277,658 2,834,039 3,277,658 2,834,039 69,467,053 67,901,145 69,467,053 67,901,145 5. Other income Group Fund 2023 2022 2023 2022 RM RM RM RM Timing of revenue recognition: At a point in time Parking income 4,299,815 2,304,751 4,299,815 2,304,751 Event and advertising income 2,515,951 1,594,164 2,515,951 1,594,164 6,815,766 3,898,915 6,815,766 3,898,915 The sales of the company are made within Malaysia. 6. Investment income Group Fund 2023 2022 2023 2022 RM RM RM RM Income from Islamic deposit placements 935,781 511,630 935,781 511,630 7. Tax expense Group Fund 2023 2022 2023 2022 RM RM RM RM Deferred tax relating to the origination and reversal of temporary differences (Note 15) 181,565 585,081 181,565 585,081

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