Strategic Roadmap and Financial Performance
Standalone Balance Sheet
AED MN
31-Dec-21
31-Mar-22
Change
Middlesex University Dubai
404
388
(17)
NEMA Holding
377
384
7
•
Key Highlights
AED 117 MN decrease in net assets mainly driven
by:
North London Collegiate School - Real Estate
421
417
(3)
Education Platform Investments
1,202
1,189
(13)
Cambridge Medical and Rehabilitation Centre
931
946
15
Increase in other current liabilities, mainly driven by
the dividend payable of AED 150MN, paid subsequent
to the quarter-end
Cambridge Medical and Rehabilitation Centre - RE
52
52
(1)
Sukoon International Holding Company
129
129
0
Royal Hospital for Women and Children
59
56
(4)
Healthcare Platform Investment
1,171
1,182
11
Begin
19
19
0
Increase in non-current assets (AED 13 MN) mainly
driven by RHWC capital contribution (AED 15 MN),
quarterly platform income (AED 44 MN), partly offset
by dividend receipts from Middlesex (AED 32 MN) and
rental collections from NLCS (AED 12 MN)
Other Non-Current assets
44
59
15
Total Non-Current Assets
2,436
2,449
13
Cash and Bank Balances
782
786
4
Decrease in bank borrowings (AED 10 MN) due to
scheduled quarterly amortization re acquisition finance
associated with the CMRC acquisition
Other Currents Assets
31
30
(1)
Total Current Assets
812
816
3
Total Assets
3,248
3,265
16
•
Retained Earnings movement was AED (118) MN
due to the dividend payable of AED (150) MN, partly
offset by AED 32 MN net profit for the quarter
Share capital, premium and statutory reserves
2,548
2,550
2
Fair Value Reserve
(22)
(23)
(1)
Other Reserve
(18)
(18)
0
Retained Earnings
263
145
(118)
Total Equity Attributable To The Owners Of The
Company
2,772
2,655
(117)
Bank Borrowings
388
378
(10)
Other Non-Current Liabilities
22
22
(0)
Total Non-Current Liabilities
410
400
(11)
Other Current Liabilities
66
210
144
Total Current Liabilities
66
210
144
Total Liabilities
476
610
134
Total Equity And Liabilities
3,248
3,265
16
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