Strategic Roadmap and Financial Performance
Portfolio Highlights | Healthcare & Education Platforms
QTD Healthcare Investments Income (1&2)
AED MN
I
13.5
0.2.
17.1
I
14.9
I
14.0
17.0
19.9
17.4
2.5 0.3
15.9
(0.2)
(0.2)
0.1
6.7
(3.4)
■ (1.7)||
(2.9)
(1.9)
(2.8)
0.0
(2.5)
(4.2)
(5.2)
(4.7)
|
(17.8)
(6.8)
(6.6)
(4.8)
(22.6)
2Q20
2Q21
3Q20
3Q21
4Q20
4Q21
1Q21
1Q22
■Sukoon RHWC CMRC CMRC RE
QTD Education Investments Income (1)
45.4
41.5
I
8.5
8.2
31.6
32.6
8.1
8.3
22.7
18.8
7.8
9.5
AED MN
39.7
34.5
8.3
7.9
14.5
10.9
1.3
7.9
15.7
17.0
14.6
14.2
14.0
16.5
6.8
8.5
(13.4)
(14.0)
(5.4)
(10.9)
2Q20
2Q21
3Q20
3Q21
4Q20
4Q21 I
1Q21
1Q22
■Middlesex ■NEMA
NLCS
Key Highlights
Q1 income of AED 14.0 MN versus prior-Q1 income of AED
2.5 MN or <6x growth, (or AED 13.0 MN vs. a prior-Q1 income
of AED 2.0 MN including PPA amortization), driven by:
•
Impact of full quarter income from CMRC (+AED 9.2
MN, three months of result vs. one month in the prior Q1)
Reduced losses at RHWC (+AED 1.7 MN) from 2x growth
in revenue, predominantly in OBG and IVF only partly offset by
a related increase in costs
Income of AED 0.3 MN at Sukoon versus breakeven in the
prior Q1, driven by higher revenue from higher average daily
rates
Key Highlights
Q1 income of AED 32.6 MN vs. a prior-Q1 income of AED
31.6 MN, growth of 3% (or AED 30.7 MN vs. AED 29.7 MN
including PPA amortization), driven by:
Improved performance at Middlesex (+AED 2.5 MN or
18%) from 16% growth in student numbers driving 10%
growth in academic revenue
Post covid revenue and cost normalization at NEMA Holding
(-AED 1.8 MN or 19%)
(1) Income from Investments excludes PPA amortization and gain/trading results from divested entities (2) Finance charges in relation to the Royal Hospital for Women & Children
have been reclassified from platform income to finance charges in the current period. The prior period has been restated accordingly.
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