Financial Year Ended 31 December 2019 2018 2017 2016 2015
  12 months
(Audited)
12 months
(Audited)
12 months
(Audited)
12 months
(Audited)
12 months
(Restated)
 
KEY FINANCIALS          
 
STATEMENT OF COMPREHENSIVE INCOME          
Realised Revenue (RM'000) 95,878 96,685 60,418 57,386 61,607
Net Property and Investment Income (RM'000) 83,971 132,588 97,165 60,593 83,998
Net Realised Income (RM'000) 37,137 37,966 31,650 35,333 36,623
Net Income Distribution (RM'000) 35,540 34,965 31,544 33,818 36,142
 
STATEMENT OF FINANCIAL POSITION          
Total Asset Value (RM'000) 1,471,855 1,499,265 1,526,617 1,040,293 1,101,373
Total Net Asset Value (NAV) (RM'000) 776,591 775,214 728,291 686,062 681,540
Non-Current Borrowings (RM'000) 482,640 670,484 738,132 290,150 364,230
Current Borrowings (RM'000) 162,201 - 25,000 25,000 -
Total Unitholders' Funds (RM'000) 776,591 775,214 728,291 686,062 681,540
 
KEY RATIOS          
 
Earnings Per Unit (Realised + Unrealised) (sen) 6.192 14.174 12.954 7.073 10.412
Earnings Per Unit Yield (%) 8.36 17.28 14.23 7.68 11.97
Distribution Per Unit (sen) 6.200 6.100 5.503 5.899 6.305
Distribution Yield (%) 8.38 7.44 6.05 6.41 7.25
NAV Per Unit (Before Income Distribution) * (RM) 1.355 1.352 1.271 1.197 1.189
NAV Per Unit (After Income Distribution) * (RM) 1.323 1.324 1.257 1.183 1.156
Highest Net Asset Value Per Unit (RM) 1.364 1.397 1.271 1.197 1.189
Lowest Net Asset Value Per Unit (RM) 1.354 1.352 1.197 1.187 1.140
Management Expense Ratio (MER) (%) 1.35 1.20 1.10 1.07 1.08
Annual Total Return ** (%) 7.73 7.23 5.81 6.46 7.24
Average Total Return (3 years) (%) 6.92 6.50 6.50 6.97 7.43
Gearing Ratio (%) 43.81 44.72 49.99 30.29 33.07
Market Capitalisation (RM'000) 424,183 470,040 521,630 527,362 498,701

Notes:

* The net asset value per unit of AmanahRaya REIT is largely determined by market factors. Therefore, past performance is not necessarily indicative of future performance and that unit prices and investment returns may fluctuate.
** Based on movement in weighted average unit price & actual gross income distribution.