Raffles Education Balance Sheet

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

Millions SGD. Fiscal year is Jul - Jun.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	35.2	16.86	29.69	56.31	64.09	84.93
Short-Term Investments	2.42	2.44	3.39	4.78	5.37	6.73
Cash & Short-Term Investments	37.62	19.3	33.07	61.09	69.46	91.66
Cash Growth	6.15%	-41.65%	-45.87%	-12.05%	-24.22%	105.92%
Accounts Receivable	5.93	5.54	5.4	3.39	3.9	9.5
Other Receivables	19.1	21.46	19.9	20.27	39.45	80.16
Receivables	25.03	27	25.3	23.67	43.35	89.65
Inventory	0.07	0.06	0.06	0.06	0.06	0.08
Prepaid Expenses	6.35	4.67	5.15	5.13	3.87	10.5
Other Current Assets	69.66	73.12	89.1	68.27	-	25.3
Total Current Assets	138.72	124.15	152.68	158.22	116.74	217.19
Property, Plant & Equipment	486.25	474.11	480.54	487.9	605.07	602.83
Long-Term Investments	1.8	1.78	2.5	3.44	3.93	9.79
Goodwill	97.48	94.75	100.45	99.29	110.09	110.49
Other Intangible Assets	1.41	1.45	1.61	1.79	2.03	0.37
Long-Term Deferred Tax Assets	0.64	0.63	0.48	0.74	0.95	1.38
Long-Term Deferred Charges	0.01	0.02	0.02	0.04	0.09	0.3
Other Long-Term Assets	331.46	321.86	361.8	398.63	441.97	439.98
Total Assets	1,058	1,019	1,100	1,150	1,281	1,382

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Accounts Payable	3.07	2.22	2.55	2.29	4.34	3.39
Accrued Expenses	22.95	21.56	21.83	22.07	25.29	24.3
Current Portion of Long-Term Debt	104.31	113.41	54.43	176	166.38	299.2
Current Portion of Leases	2.4	3.41	3.34	2.79	0.86	2.11
Current Income Taxes Payable	13.23	15.58	14.93	15.63	18.89	10.49
Current Unearned Revenue	41.82	23.4	22.33	22.72	28.33	14.89
Other Current Liabilities	23.37	30.39	50.05	28.29	31.25	59.26
Total Current Liabilities	211.14	209.96	169.46	269.8	275.32	413.63
Long-Term Debt	102.02	95.34	170.84	99.52	134.83	92.18
Long-Term Leases	6.77	6.74	9.38	10.38	1.48	2.53
Long-Term Unearned Revenue	4.44	4.32	-	-	-	-
Long-Term Deferred Tax Liabilities	58.54	56.91	63.52	64.93	70.54	74.35
Other Long-Term Liabilities	5.2	4.93	5.03	9.59	13.47	16.13
Total Liabilities	388.11	378.19	418.23	454.21	495.64	598.81

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Common Stock	558.72	554.6	554.6	554.34	554.34	554.34
Retained Earnings	127.59	124.25	116.55	136.22	141.53	131.92
Treasury Stock	-36.33	-39.33	-39.45	-39.58	-39.68	-39.68
Comprehensive Income & Other	-67.27	-83.7	-41.72	-51.02	18.99	24.81
Total Common Equity	582.71	555.83	589.98	599.96	675.17	671.38
Minority Interest	86.94	84.74	91.88	95.86	110.06	112.14
Shareholders' Equity	669.65	640.56	681.86	695.83	785.22	783.52
Total Liabilities & Equity	1,058	1,019	1,100	1,150	1,281	1,382

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Total Debt	215.49	218.89	237.99	288.69	303.54	396.01
Net Cash (Debt)	-177.88	-199.59	-204.92	-227.6	-234.08	-304.35
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.13	-0.14	-0.15	-0.17	-0.17	-0.22
Filing Date Shares Outstanding	1,482	1,390	1,388	1,385	1,379	1,379
Total Common Shares Outstanding	1,482	1,390	1,388	1,380	1,379	1,379
Working Capital	-72.43	-85.8	-16.78	-111.58	-158.58	-196.43
Book Value Per Share	0.39	0.40	0.43	0.43	0.49	0.49
Tangible Book Value	483.82	459.63	487.92	498.89	563.05	560.52
Tangible Book Value Per Share	0.33	0.33	0.35	0.36	0.41	0.41
Land	-	-	-	523.15	661.22	619.83
Machinery	-	-	-	37.24	40.76	40.56
Construction In Progress	-	-	-	6.63	6.89	28.6