Balance Sheet

Current Liabilities	218.4m
Accounts Payable	50.8m
Accrued Liabilities	20.4m
Other Current Liabilities	147.1m
Non-Current Liabilities	213.4m
Long-Term Debt	18.5m
Other Non-Current Liabilities	194.9m

Currency: CNY

	Dec-2017	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022
Assets
Cash & Cash Equivalents	246	58	120	1 309	250	521
Cash	246	58	120	1 309	250	521
Short-Term Investments	321	671	800	819	578	515
Total Receivables	155	83	70	484	842	738
Accounts Receivables	155	83	70	368	384	317
Other Receivables	0	0	0	117	457	421
Inventory	126	289	75	91	142	109
Other Current Assets	119	29	23	4	771	123
Total Current Assets	967	1 131	1 088	2 706	2 582	2 005
PP&E Net	563	600	653	709	1 045	1 188
PP&E Gross	563	600	653	709	1 045	1 188
Accumulated Depreciation	320	347	373	404	433	482
Intangible Assets	1	1	16	1	1	1
Note Receivable	0	0	0	0	0	29
Long-Term Investments	0	0	0	2	0	0
Other Long-Term Assets	164	162	12	16	75	1
Total Assets	1 694 N/A	1 893 +12%	1 769 -7%	3 434 +94%	3 704 +8%	3 225 -13%
Liabilities
Accounts Payable	50	67	36	201	60	64
Accrued Liabilities	14	15	17	19	21	22
Short-Term Debt	0	0	0	0	0	0
Current Portion of Long-Term Debt	5	19	0	0	33	4
Other Current Liabilities	393	428	305	337	850	474
Total Current Liabilities	462	528	358	558	964	563
Long-Term Debt	16	0	32	0	23	19
Deferred Income Tax	0	0	0	0	0	0
Minority Interest	111	123	124	145	169	185
Other Liabilities	2	2	2	1	1	1
Total Liabilities	591 N/A	653 +11%	516 -21%	704 +36%	1 158 +64%	768 -34%
Equity
Common Stock	248	248	0	0	0	0
Retained Earnings	856	992	1 252	1 568	1 432	1 670
Additional Paid In Capital	0	0	0	1 246	1 246	870
Treasury Stock	0	0	0	0	35	0
Other Equity	0	0	1	84	98	82
Total Equity	1 104 N/A	1 240 +12%	1 253 +1%	2 730 +118%	2 546 -7%	2 457 -3%
Total Liabilities & Equity	1 694 N/A	1 893 +12%	1 769 -7%	3 434 +94%	3 704 +8%	3 225 -13%
Shares Outstanding
Common Shares Outstanding	1 200	1 200	1 200	1 660	1 660	1 655

Cathay Media and Education Group Inc
HKEX:1981