Alef Education Holding Balance Sheet

Financials in millions AED. Fiscal year is January - December.

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	492.82	396.3	261.77	171.44	205.59
Trading Asset Securities	-	-	-	869.03	269.86
Cash & Short-Term Investments	492.82	396.3	261.77	1,040	475.45
Cash Growth	70.48%	51.39%	-74.84%	118.84%	-
Accounts Receivable	184.57	340.61	154.95	137.31	154.61
Other Receivables	-	-	109.76	387.01	249.83
Receivables	184.57	340.61	264.7	524.32	404.44
Total Current Assets	677.39	736.91	526.48	1,565	879.89
Property, Plant & Equipment	6.89	8.96	3.02	4.65	10.52
Other Intangible Assets	185.4	171.93	79.9	74.79	75.1
Long-Term Accounts Receivable	7.68	4.94	12.43	10.56	10.36
Total Assets	877.36	922.74	621.82	1,655	975.87
Accounts Payable	105.07	6.43	16.65	22.07	13.82
Accrued Expenses	-	55.09	46.56	43.79	40.06
Current Portion of Leases	3.11	3.2	0.23	-	-
Current Income Taxes Payable	35.97	44.22	-	-	-
Other Current Liabilities	-	36.53	30.8	17.6	30.97
Total Current Liabilities	144.15	145.47	94.24	83.46	84.84
Long-Term Leases	0.81	3.17	0.24	-	-
Pension & Post-Retirement Benefits	17.58	15.81	12.92	11.22	6.02
Total Liabilities	162.54	164.45	107.4	94.67	90.86
Common Stock	70	70	-	-	-
Additional Paid-In Capital	167.56	167.56	167.56	167.56	167.56
Retained Earnings	477.18	520.73	346.86	1,393	717.45
Shareholders' Equity	714.81	758.29	514.42	1,560	885.01
Total Liabilities & Equity	877.36	922.74	621.82	1,655	975.87
Total Debt	3.92	6.37	0.47	-	-
Net Cash (Debt)	488.89	389.93	261.3	1,040	475.45
Net Cash Growth	73.36%	49.23%	-74.89%	118.84%	-
Net Cash Per Share	0.07	0.07	-	-	-
Filing Date Shares Outstanding	7,008	7,000	-	-	-
Total Common Shares Outstanding	7,008	7,000	-	-	-
Working Capital	533.23	591.44	432.24	1,481	795.05
Book Value Per Share	0.10	0.11	-	-	-
Tangible Book Value	529.41	586.36	434.52	1,485	809.91
Tangible Book Value Per Share	0.08	0.08	-	-	-
Machinery	-	39.41	37.42	36.28	36.39
Leasehold Improvements	-	0.24	0.24	0.24	3.78

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.