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	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	449.72	447.46	586.41	675.1	427.15
Depreciation & Amortization	28.14	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	-	-	-	0.02	0.74
Other Operating Activities	35.27	34.76	-129.75	-232.92	-66.09
Change in Accounts Receivable	-97.69	-178.38	-19.51	17.1	-144.92
Change in Accounts Payable	-1.93	-5.2	6.44	-3.8	-1.83
Change in Other Net Operating Assets	0.3	0.35	-0.29	1.7	-1.49
Operating Cash Flow	421.97	334.77	477.51	496	250.8
Operating Cash Flow Growth	95.55%	-29.89%	-3.73%	97.77%	-
Capital Expenditures	-2.41	-2	-1.16	-2.71	-1.18
Sale of Property, Plant & Equipment	-	-	0.01	-	-
Sale (Purchase) of Intangibles	-68.35	-114.29	-31.74	-27.47	-16.85
Investment in Securities	140	-	356.81	-370.82	-204.84
Other Investing Activities	88.86	122.33	306.66	-129.32	-245.16
Investing Cash Flow	158.1	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	-203.59	-203.59	-1,017	-	-
Other Financing Activities	0.76	-	-	0.17	-
Financing Cash Flow	-206.34	-206.29	-1,018	0.17	-1.15
Net Cash Flow	373.73	134.53	90.34	-34.15	-218.39
Free Cash Flow	419.57	332.77	476.35	493.29	249.61
Free Cash Flow Growth	95.50%	-30.14%	-3.43%	97.62%	-
Free Cash Flow Margin	55.06%	43.84%	63.55%	63.84%	37.40%
Free Cash Flow Per Share	0.06	0.06	-	-	-
Levered Free Cash Flow	495.32	191.19	555.8	160.47	-
Unlevered Free Cash Flow	495.32	191.19	555.8	160.47	-
Change in Net Working Capital	-228.97	27.64	-270.16	121.26	-

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