Raffles Education Co Ltd
SGX:NR7
Cash Flow Statement
Cash Flow Statement
Raffles Education Co Ltd
Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
105
|
(10)
|
(18)
|
(17)
|
28
|
18
|
18
|
60
|
87
|
83
|
75
|
39
|
22
|
23
|
17
|
9
|
28
|
(6)
|
(5)
|
(6)
|
(27)
|
1
|
3
|
3
|
42
|
47
|
33
|
33
|
28
|
30
|
47
|
(7)
|
29
|
30
|
22
|
12
|
14
|
22
|
6
|
(2)
|
(6)
|
|
Depreciation & Amortization |
16
|
20
|
20
|
19
|
15
|
15
|
15
|
18
|
16
|
14
|
12
|
11
|
11
|
11
|
12
|
12
|
11
|
11
|
11
|
11
|
11
|
11
|
11
|
11
|
12
|
13
|
14
|
14
|
14
|
14
|
15
|
16
|
17
|
18
|
23
|
19
|
24
|
20
|
20
|
20
|
20
|
|
Other Non-Cash Items |
(106)
|
43
|
37
|
34
|
(44)
|
(23)
|
(11)
|
(53)
|
(87)
|
(77)
|
(78)
|
(35)
|
(11)
|
(11)
|
(4)
|
(1)
|
(20)
|
11
|
6
|
5
|
27
|
(3)
|
(2)
|
(4)
|
(47)
|
(47)
|
(38)
|
(36)
|
(24)
|
(24)
|
(37)
|
12
|
(31)
|
(24)
|
(15)
|
(2)
|
(1)
|
(34)
|
(21)
|
6
|
18
|
|
Cash Taxes Paid |
9
|
12
|
13
|
12
|
6
|
5
|
3
|
6
|
3
|
7
|
8
|
5
|
6
|
2
|
2
|
3
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
1
|
1
|
1
|
1
|
2
|
2
|
1
|
1
|
1
|
1
|
2
|
8
|
8
|
10
|
8
|
7
|
|
Cash Interest Paid |
5
|
6
|
6
|
6
|
6
|
7
|
8
|
11
|
11
|
11
|
11
|
12
|
13
|
13
|
15
|
15
|
16
|
14
|
14
|
12
|
13
|
13
|
13
|
13
|
16
|
17
|
17
|
19
|
17
|
17
|
19
|
15
|
11
|
12
|
19
|
20
|
22
|
24
|
19
|
17
|
18
|
|
Change in Working Capital |
9
|
(38)
|
(35)
|
(51)
|
10
|
(7)
|
(2)
|
(17)
|
(4)
|
(15)
|
(14)
|
(19)
|
(18)
|
(15)
|
(15)
|
(11)
|
(18)
|
(2)
|
9
|
18
|
(16)
|
(21)
|
(32)
|
(37)
|
(19)
|
(10)
|
(3)
|
3
|
(2)
|
(11)
|
(20)
|
(12)
|
(4)
|
(10)
|
10
|
(12)
|
(29)
|
9
|
(1)
|
(20)
|
(8)
|
|
Cash from Operating Activities |
24
N/A
|
14
-42%
|
4
-71%
|
(15)
N/A
|
9
N/A
|
2
-74%
|
20
+770%
|
8
-62%
|
12
+60%
|
4
-65%
|
(4)
N/A
|
(3)
+17%
|
4
N/A
|
8
+80%
|
10
+28%
|
9
-8%
|
1
-91%
|
14
+1 667%
|
21
+44%
|
28
+37%
|
(6)
N/A
|
(12)
-125%
|
(20)
-57%
|
(27)
-36%
|
(11)
+60%
|
3
N/A
|
6
+128%
|
15
+149%
|
16
+12%
|
8
-49%
|
6
-33%
|
9
+56%
|
11
+26%
|
14
+27%
|
40
+182%
|
17
-58%
|
7
-56%
|
17
+129%
|
4
-78%
|
4
+17%
|
24
+468%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(91)
|
(21)
|
(23)
|
(21)
|
(26)
|
(22)
|
(24)
|
(41)
|
(38)
|
(64)
|
(85)
|
(80)
|
(56)
|
(42)
|
(29)
|
(34)
|
(57)
|
(53)
|
(60)
|
(82)
|
(78)
|
(77)
|
(65)
|
(30)
|
(24)
|
(16)
|
(10)
|
(36)
|
(49)
|
(57)
|
(59)
|
(20)
|
(13)
|
(27)
|
(34)
|
(41)
|
(45)
|
(33)
|
(18)
|
(15)
|
(12)
|
|
Other Items |
9
|
8
|
13
|
14
|
13
|
44
|
(39)
|
(2)
|
70
|
15
|
116
|
94
|
(38)
|
(16)
|
(25)
|
25
|
64
|
49
|
47
|
(13)
|
22
|
31
|
31
|
27
|
9
|
12
|
(11)
|
(12)
|
11
|
22
|
102
|
67
|
(11)
|
(2)
|
19
|
67
|
67
|
92
|
32
|
17
|
5
|
|
Cash from Investing Activities |
(82)
N/A
|
(13)
+84%
|
(10)
+20%
|
(6)
+39%
|
(13)
-113%
|
23
N/A
|
(63)
N/A
|
(42)
+33%
|
32
N/A
|
(49)
N/A
|
32
N/A
|
13
-59%
|
(94)
N/A
|
(57)
+39%
|
(55)
+5%
|
(9)
+84%
|
8
N/A
|
(3)
N/A
|
(13)
-276%
|
(95)
-645%
|
(56)
+41%
|
(46)
+18%
|
(35)
+25%
|
(4)
+90%
|
(15)
-320%
|
(3)
+78%
|
(21)
-528%
|
(47)
-130%
|
(38)
+19%
|
(35)
+9%
|
43
N/A
|
47
+10%
|
(24)
N/A
|
(29)
-22%
|
(16)
+45%
|
26
N/A
|
22
-15%
|
60
+173%
|
14
-76%
|
2
-83%
|
(7)
N/A
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
0
|
0
|
0
|
24
|
24
|
24
|
0
|
0
|
(3)
|
(3)
|
(3)
|
(8)
|
(9)
|
(13)
|
(13)
|
(11)
|
(7)
|
(3)
|
(2)
|
0
|
0
|
0
|
28
|
28
|
73
|
73
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Issuance of Debt |
45
|
(18)
|
(20)
|
(12)
|
10
|
(6)
|
80
|
80
|
27
|
92
|
34
|
32
|
114
|
90
|
74
|
39
|
0
|
(11)
|
(9)
|
74
|
74
|
81
|
64
|
10
|
(76)
|
(98)
|
(97)
|
(58)
|
16
|
24
|
(36)
|
(48)
|
21
|
57
|
27
|
(33)
|
(35)
|
(90)
|
(17)
|
(14)
|
(27)
|
|
Cash Paid for Dividends |
(8)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
(10)
|
(10)
|
0
|
(10)
|
(10)
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(83)
|
0
|
(83)
|
(66)
|
14
|
13
|
13
|
(4)
|
(24)
|
(17)
|
(41)
|
(50)
|
(35)
|
(54)
|
2
|
1
|
34
|
51
|
21
|
28
|
2
|
1
|
(6)
|
(9)
|
(20)
|
(21)
|
1
|
17
|
17
|
21
|
(8)
|
(5)
|
15
|
|
Cash from Financing Activities |
37
N/A
|
(21)
N/A
|
(23)
-10%
|
12
N/A
|
34
+197%
|
17
-49%
|
80
+365%
|
80
-1%
|
(58)
N/A
|
6
N/A
|
(62)
N/A
|
(51)
+18%
|
109
N/A
|
80
-26%
|
64
-20%
|
14
-78%
|
(41)
N/A
|
(40)
+1%
|
(52)
-30%
|
23
N/A
|
40
+72%
|
27
-31%
|
94
+243%
|
39
-58%
|
30
-23%
|
25
-18%
|
(32)
N/A
|
14
N/A
|
17
+19%
|
24
+42%
|
(42)
N/A
|
(57)
-34%
|
1
N/A
|
36
+2 325%
|
29
-21%
|
(15)
N/A
|
(19)
-20%
|
(69)
-271%
|
(25)
+64%
|
(20)
+19%
|
(12)
+42%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
(2)
|
(2)
|
(1)
|
1
|
(1)
|
(1)
|
0
|
0
|
1
|
2
|
10
|
12
|
4
|
5
|
(4)
|
(10)
|
(10)
|
(13)
|
(12)
|
(9)
|
(1)
|
0
|
(3)
|
(2)
|
(1)
|
(7)
|
(4)
|
(4)
|
(6)
|
(2)
|
(2)
|
1
|
6
|
0
|
6
|
1
|
1
|
0
|
(3)
|
0
|
0
|
|
Net Change in Cash |
(22)
N/A
|
(23)
-1%
|
(31)
-36%
|
(9)
+71%
|
29
N/A
|
41
+43%
|
38
-8%
|
45
+20%
|
(12)
N/A
|
(36)
-193%
|
(25)
+31%
|
(29)
-18%
|
23
N/A
|
36
+57%
|
15
-59%
|
4
-73%
|
(42)
N/A
|
(43)
-1%
|
(56)
-32%
|
(53)
+7%
|
(24)
+55%
|
(31)
-30%
|
37
N/A
|
7
-81%
|
4
-48%
|
17
+388%
|
(51)
N/A
|
(23)
+56%
|
(11)
+51%
|
(4)
+61%
|
4
N/A
|
0
-90%
|
(5)
N/A
|
21
N/A
|
59
+174%
|
28
-52%
|
12
-59%
|
8
-32%
|
(10)
N/A
|
(13)
-36%
|
5
N/A
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
(67)
N/A
|
(7)
+89%
|
(19)
-172%
|
(36)
-85%
|
(17)
+53%
|
(20)
-15%
|
(4)
+78%
|
(33)
-681%
|
(25)
+23%
|
(60)
-136%
|
(89)
-49%
|
(84)
+6%
|
(52)
+38%
|
(34)
+34%
|
(20)
+42%
|
(25)
-27%
|
(56)
-123%
|
(38)
+31%
|
(39)
-2%
|
(54)
-37%
|
(84)
-56%
|
(90)
-7%
|
(85)
+5%
|
(57)
+33%
|
(34)
+40%
|
(13)
+62%
|
(4)
+71%
|
(21)
-447%
|
(33)
-58%
|
(48)
-46%
|
(54)
-11%
|
(11)
+80%
|
(2)
+80%
|
(13)
-510%
|
6
N/A
|
(24)
N/A
|
(38)
-54%
|
(16)
+58%
|
(14)
+11%
|
(10)
+27%
|
12
N/A
|