Alef Education Holding Cash Flow Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	481.08	447.46	586.41	675.1	427.15
Depreciation & Amortization	24.37	27.6	31.3	36.04	34.4
Other Amortization	14.15	8.17	2.91	2.76	2.83
Loss (Gain) From Sale of Assets	-	-	-0.01	-	-
Asset Writedown & Restructuring Costs	4.5	-	-	0.02	0.74
Provision & Write-off of Bad Debts	0.24	-	-	-	-
Other Operating Activities	-10.67	34.76	-129.75	-232.92	-66.09
Change in Accounts Receivable	184.49	-178.38	-19.51	17.1	-144.92
Change in Accounts Payable	-21.61	-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	676.55	334.77	477.51	496	250.8
Operating Cash Flow Growth	102.09%	-29.89%	-3.73%	97.77%	-
Capital Expenditures	-2.16	-2	-1.16	-2.71	-1.18
Sale of Property, Plant & Equipment	-	-	0.01	-	-
Sale (Purchase) of Intangibles	-55.65	-114.29	-31.74	-27.47	-16.85
Investment in Securities	-	-	356.81	-370.82	-204.84
Other Investing Activities	16.17	122.33	306.66	-129.32	-245.16
Investing Cash Flow	-41.64	6.04	630.57	-530.32	-468.04
Long-Term Debt Repaid	-3.51	-2.7	-0.26	-	-1.15
Net Debt Issued (Repaid)	-3.51	-2.7	-0.26	-	-1.15
Common Dividends Paid	-408.18	-203.59	-1,017	-	-
Other Financing Activities	-	-	-	0.17	-
Financing Cash Flow	-411.7	-206.29	-1,018	0.17	-1.15
Net Cash Flow	223.21	134.53	90.34	-34.15	-218.39
Free Cash Flow	674.38	332.77	476.35	493.29	249.61
Free Cash Flow Growth	102.66%	-30.14%	-3.43%	97.62%	-
Free Cash Flow Margin	87.64%	43.84%	63.55%	63.84%	37.40%
Free Cash Flow Per Share	0.10	0.06	-	-	-
Cash Income Tax Paid	44.28	-	-	-	-
Levered Free Cash Flow	468.3	191.19	555.8	160.47	-
Unlevered Free Cash Flow	468.3	191.19	555.8	160.47	-
Change in Working Capital	162.88	-183.22	-13.35	15.01	-148.24