CapitaLand Malaysia Mall Trust | Annual Report 2020

132 CAPITALAND MALAYSIA MALL TRUST • ANNUAL REPORT 2020 Group Trust Note 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Gross rental income 210,288 266,902 210,288 266,902 Car park income 14,602 23,048 14,602 23,048 Other revenue 36,509 52,326 36,509 52,326 Gross revenue 261,399 342,276 261,399 342,276 Maintenance expenses (35,263) (35,788) (35,263) (35,788) Utilities (40,436) (53,038) (40,436) (53,038) Other operating expenses 13 (52,199) (51,330) (52,199) (51,330) Property operating expenses (127,898) (140,156) (127,898) (140,156) Net property income 133,501 202,120 133,501 202,120 Interest income 1,512 2,932 1,512 2,932 Other non-operating income 4,958 3,325 4,958 3,325 Fair value losses on investment properties (net) (157,850) (30,701) (157,850) (30,701) Net investment (loss)/income (17,879) 177,676 (17,879) 177,676 Manager’s management fee 14 (18,244) (21,601) (18,244) (21,601) Trustee’s fee 15 (400) (400) (400) (400) Auditor’s fee (181) (200) (170) (193) Tax agent’s fee (30) (27) (26) (23) Valuation fee (281) (275) (281) (275) Finance costs 16 (58,479) (61,989) (58,479) (61,989) Other non-operating expenses (1,277) (1,089) (1,292) (1,100) Total non-operating and trust expenses (78,892) (85,581) (78,892) (85,581) (Loss)/Profit before taxation (96,771) 92,095 (96,771) 92,095 Taxation 17 12,267 (19,495) 12,267 (19,495) (Loss)/Profit for the financial year (84,504) 72,600 (84,504) 72,600 Other comprehensive income, net of tax – – – – Total comprehensive (loss)/ income for the financial year (84,504) 72,600 (84,504) 72,600 Distribution adjustments A 146,242 55,395 146,242 55,395 Income available for distribution 61,738 127,995 61,738 127,995 Distributable income 1 19 61,830 127,991 61,830 127,991 STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the Financial Year Ended 31 December 2020 The accompanying notes form an integral part of these financial statements.