Education Management Balance Sheet

Financials in millions USD. Fiscal year is July - June.

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2014	FY 2013	FY 2012	FY 2011	FY 2010
Period Ending	Jun '14 Jun 30, 2014	Jun '13 Jun 30, 2013	Jun '12 Jun 30, 2012	Jun '11 Jun 30, 2011	Jun '10 Jun 30, 2010
Cash & Equivalents	270.57	130.7	191.01	403.22	373.55
Cash & Short-Term Investments	270.57	130.7	191.01	403.22	373.55
Cash Growth	107.02%	-31.58%	-52.63%	7.95%	2.81%
Accounts Receivable	210.18	206.41	203.34	157.79	167.86
Receivables	268.09	238.95	225.52	172.96	188.54
Inventory	-	-	8.38	9.59	11.66
Restricted Cash	271.68	271.34	267.88	47.51	12.84
Other Current Assets	41.13	53.7	47.2	59.44	40.97
Total Current Assets	875.97	771.62	842.65	769.54	692.96
Property, Plant & Equipment	429.46	525.63	651.8	692.6	678.85
Goodwill	343.41	777.15	963.55	2,582	2,579
Other Intangible Assets	169.82	300.44	330.03	462.39	467.19
Long-Term Accounts Receivable	38	24.7	15.3	11.43	-
Long-Term Deferred Charges	-	-	-	15.51	25.54
Other Long-Term Assets	20.38	23.82	35.77	19.68	18.38
Total Assets	1,877	2,423	2,839	4,553	4,512
Accounts Payable	38.55	32.56	54.83	58.49	71.21
Accrued Expenses	142.9	153.3	131.72	130.33	168.07
Short-Term Debt	219.89	75	111.3	79	-
Current Portion of Long-Term Debt	23.08	12.08	12.08	12.08	12.1
Current Income Taxes Payable	-	-	-	-	17.85
Current Unearned Revenue	115.87	113.37	116.28	140.15	155.75
Other Current Liabilities	95.04	99.79	107.79	116.9	82.17
Total Current Liabilities	635.33	486.1	534.01	536.94	507.15
Long-Term Debt	1,272	1,273	1,484	1,487	1,561
Long-Term Deferred Tax Liabilities	58.58	72.62	111.77	220.78	180.93
Other Long-Term Liabilities	196.42	235.62	213.19	204.9	186.25
Total Liabilities	2,162	2,068	2,343	2,449	2,435
Common Stock	1.45	1.44	1.43	1.43	1.43
Additional Paid-In Capital	1,816	1,795	1,778	1,762	1,749
Retained Earnings	-1,762	-1,098	-935.96	579.78	350.27
Treasury Stock	-331.88	-328.61	-328.61	-226.93	-2.21
Comprehensive Income & Other	-8.21	-13.64	-18.04	-12.19	-22.26
Shareholders' Equity	-284.87	355.86	496.56	2,104	2,077
Total Liabilities & Equity	1,877	2,423	2,839	4,553	4,512
Total Debt	1,515	1,360	1,607	1,578	1,573
Net Cash (Debt)	-1,244	-1,230	-1,416	-1,174	-1,199
Net Cash Per Share	-9.91	-9.87	-11.18	-8.49	-8.71
Filing Date Shares Outstanding	126.06	124.6	124.48	127.92	142.87
Total Common Shares Outstanding	126.04	124.6	124.48	129.81	142.85
Working Capital	240.64	285.52	308.64	232.59	185.81
Book Value Per Share	-2.26	2.86	3.99	16.21	14.54
Tangible Book Value	-798.1	-721.73	-797.02	-940.44	-969.62
Tangible Book Value Per Share	-6.33	-5.79	-6.40	-7.24	-6.79
Land	3.61	5.5	16.71	16.7	17.66
Buildings	5.8	25.57	74.78	71.5	74.76
Machinery	162.87	163.6	465.98	422.21	355
Construction In Progress	16.68	19.6	21.73	21.02	29.85
Leasehold Improvements	577.54	570.29	545.65	515.25	446.99

Source: S&P Global Market Intelligence. Standard template. Financial Sources.