PAPANETS Cash Flow Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Net Income	362	341	293	242	169
Depreciation & Amortization	51	47	40	44	41
Loss (Gain) From Sale of Assets	5	-	-	-	-12
Other Operating Activities	-126	-97	-111	-41	-101
Change in Accounts Receivable	-113	-17	58	-144	32
Change in Inventory	5	-20	-7	-7	4
Change in Accounts Payable	87	32	66	16	-55
Change in Other Net Operating Assets	66	22	11	21	6
Operating Cash Flow	337	308	350	131	84
Operating Cash Flow Growth	9.42%	-12.00%	167.18%	55.95%	-63.48%
Capital Expenditures	-24	-8	-108	-6	-6
Sale of Property, Plant & Equipment	-	-	-	-	48
Sale (Purchase) of Intangibles	-76	-55	-24	-19	-15
Investment in Securities	-	-52	-	-	-
Other Investing Activities	-	-7	4	-	1
Investing Cash Flow	-100	-122	-128	-25	28
Long-Term Debt Issued	-	-	-	-	850
Total Debt Issued	-	-	-	-	850
Long-Term Debt Repaid	-151	-151	-151	-207	-333
Total Debt Repaid	-151	-151	-151	-207	-333
Net Debt Issued (Repaid)	-151	-151	-151	-207	517
Repurchase of Common Stock	-	-107	-	-	-
Common Dividends Paid	-35	-29	-8	-6	-8
Other Financing Activities	-	-1	-1	-1	-2
Financing Cash Flow	-186	-288	-160	-214	507
Foreign Exchange Rate Adjustments	-	3	-	-	-
Miscellaneous Cash Flow Adjustments	-1	-	-1	1	1
Net Cash Flow	50	-99	61	-107	620
Free Cash Flow	313	300	242	125	78
Free Cash Flow Growth	4.33%	23.97%	93.60%	60.26%	-65.79%
Free Cash Flow Margin	5.83%	6.68%	6.04%	3.44%	2.20%
Free Cash Flow Per Share	196.24	1749.94	1402.90	724.64	452.17
Cash Interest Paid	3	4	4	5	6
Cash Income Tax Paid	130	98	115	42	100
Levered Free Cash Flow	202.75	209.75	193.25	98.75	46.13
Unlevered Free Cash Flow	204.63	212.25	195.75	101.88	49.88
Change in Working Capital	45	17	128	-114	-13

Source: S&P Global Market Intelligence. Standard template. Financial Sources.