Alef Education Holding Cash Flow Statement

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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	453.56	447.46	586.41	675.1	427.15
Depreciation & Amortization	29	27.6	31.3	36.04	34.4
Other Amortization	8.17	8.17	2.91	2.76	2.83
Loss (Gain) From Sale of Assets	-	-	-0.01	-	-
Asset Writedown & Restructuring Costs	4.43	-	-	0.02	0.74
Other Operating Activities	34.39	34.76	-129.75	-232.92	-66.09
Change in Accounts Receivable	-0.17	-178.38	-19.51	17.1	-144.92
Change in Accounts Payable	0.82	-5.2	6.44	-3.8	-1.83
Change in Other Net Operating Assets	-	0.35	-0.29	1.7	-1.49
Operating Cash Flow	530.92	334.77	477.51	496	250.8
Operating Cash Flow Growth	6.62%	-29.89%	-3.73%	97.77%	-
Capital Expenditures	-2.86	-2	-1.16	-2.71	-1.18
Sale of Property, Plant & Equipment	-	-	0.01	-	-
Sale (Purchase) of Intangibles	-69.12	-114.29	-31.74	-27.47	-16.85
Investment in Securities	265	-	356.81	-370.82	-204.84
Other Investing Activities	16.56	122.33	306.66	-129.32	-245.16
Investing Cash Flow	209.57	6.04	630.57	-530.32	-468.04
Long-Term Debt Repaid	-	-2.7	-0.26	-	-1.15
Net Debt Issued (Repaid)	-3.51	-2.7	-0.26	-	-1.15
Common Dividends Paid	-402.75	-203.59	-1,017	-	-
Other Financing Activities	-	-	-	0.17	-
Financing Cash Flow	-406.26	-206.29	-1,018	0.17	-1.15
Net Cash Flow	334.23	134.53	90.34	-34.15	-218.39
Free Cash Flow	528.06	332.77	476.35	493.29	249.61
Free Cash Flow Growth	6.26%	-30.14%	-3.43%	97.62%	-
Free Cash Flow Margin	69.29%	43.84%	63.55%	63.84%	37.40%
Free Cash Flow Per Share	0.07	0.06	-	-	-
Levered Free Cash Flow	324.08	191.19	555.8	160.47	-
Unlevered Free Cash Flow	324.08	191.19	555.8	160.47	-
Change in Working Capital	0.65	-183.22	-13.35	15.01	-148.24

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.