The Howa Bank Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2013	FY 2012	FY 2011	FY 2010	FY 2009
Period Ending	Mar '13 Mar 31, 2013	Mar '12 Mar 31, 2012	Mar '11 Mar 31, 2011	Mar '10 Mar 31, 2010	Mar '09 Mar 31, 2009
Net Income	725	1,454	1,037	381	100
Depreciation & Amortization	298	321	342	311	329
Gain (Loss) on Sale of Assets	3	16	9	10	-22
Gain (Loss) on Sale of Investments	41	-185	187	688	281
Total Asset Writedown	-	-	-	58	11
Change in Other Net Operating Assets	-5,594	-2,061	-21,056	-2,138	3,320
Other Operating Activities	94	271	-259	314	518
Operating Cash Flow	-4,433	-184	-19,740	-376	4,537
Capital Expenditures	-267	-426	-128	-166	-94
Sale of Property, Plant and Equipment	-	71	-	6	124
Investment in Securities	-9,492	-17,587	1,063	3,656	1,384
Purchase / Sale of Intangibles	-55	-48	-71	-67	-82
Other Investing Activities	-	-	-1	-	-1
Investing Cash Flow	-9,814	-17,990	863	3,429	1,331
Long-Term Debt Issued	-	-	6,616	-	-
Long-Term Debt Repaid	-	-	-7,000	-	-
Net Debt Issued (Repaid)	-	-	-384	-	-
Issuance of Common Stock	-	-	-	-	1
Repurchase of Common Stock	-5	-4	-1	-1	-3
Common Dividends Paid	-439	-444	-461	-	-
Total Dividends Paid	-439	-444	-461	-	-
Net Increase (Decrease) in Deposit Accounts	20,478	19,072	19,693	2,734	-13,884
Other Financing Activities	-	-1	-	-	-
Financing Cash Flow	20,034	18,623	18,847	2,733	-13,886
Net Cash Flow	5,786	449	-31	5,786	-8,018
Free Cash Flow	-4,700	-610	-19,868	-542	4,443
Free Cash Flow Margin	-58.47%	-6.60%	-226.29%	-5.82%	41.38%
Free Cash Flow Per Share	-199.36	-25.50	-862.02	-91.50	208.85
Cash Interest Paid	-	-	-	1,370	1,560
Cash Income Tax Paid	23	12	21	7	10

Updated Aug 7, 2013. Source: S&P Global Market Intelligence. Banks template. Financial Sources.