Bright Scholar Education Holdings Limited (BEDU)

BEDU Cash Flow Statement

Financials in millions CNY. Fiscal year is September - August.

Year	2023	2022	2021	2020	2019
Net Income	-395.13	-709.34	-52.81	161.01	241.1
Depreciation & Amortization	207.3	248.33	470.97	338.57	129.46
Share-Based Compensation	0	-0.82	1.87	-10.63	51.66
Other Operating Activities	210.09	509	278.78	2.29	442.76
Operating Cash Flow	22.26	47.17	698.81	491.23	864.99
Operating Cash Flow Growth	-52.81%	-93.25%	42.26%	-43.21%	56.07%
Capital Expenditures	-52.93	-86.7	-156.48	-148.22	-153.65
Acquisitions	-0.02	0	-2,914.05	29.33	-2,059.71
Change in Investments	0	-750.07	-8.51	191.46	-42.65
Investing Cash Flow	-52.95	-836.77	-3,079.04	72.57	-2,256.01
Dividends Paid	0	0	0	-184.24	0
Share Issuance / Repurchase	0	0	-9.25	-56.06	-416.29
Debt Issued / Paid	-29.41	-213.49	183.14	946.83	2,036
Other Financing Activities	-11.75	-85.3	-72.52	-30.83	-140.34
Financing Cash Flow	-41.17	-298.79	101.38	675.7	1,480
Exchange Rate Effect	5.36	38.93	30.83	-80.57	12.42
Net Cash Flow	-45.39	-329.48	-688.21	1,239	88.51
Free Cash Flow	-30.67	-39.52	542.32	343	711.34
Free Cash Flow Growth	-	-	58.11%	-51.78%	62.58%
Free Cash Flow Margin	-1.44%	-2.31%	38.69%	23.23%	27.75%
Free Cash Flow Per Share	-1.03	-1.33	18.20	11.42	23.26

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).