GNI Group Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-4,411	238	12,612	767	1,107
Depreciation & Amortization	1,137	983	608	521	383
Loss (Gain) From Sale of Investments	490	-41	-8,677	-	-
Stock-Based Compensation	2,212	-	-	-	-
Other Operating Activities	1,439	-1,043	-237	-322	18
Change in Accounts Receivable	-1,370	-1,865	324	-1,092	-318
Change in Inventory	-994	-90	145	-205	-308
Change in Accounts Payable	-911	-3	6	559	-92
Change in Other Net Operating Assets	-	-1,343	1,768	165	-238
Operating Cash Flow	-2,408	-3,164	6,549	393	552
Operating Cash Flow Growth	-	-	1566.41%	-28.80%	-59.91%
Capital Expenditures	-334	-523	-1,273	-973	-379
Sale of Property, Plant & Equipment	-	1	15	-	-
Cash Acquisitions	-1,201	-	813	-427	-
Sale (Purchase) of Intangibles	-1,223	-1,013	-802	-966	-314
Investment in Securities	682	-6,778	-3,491	-1,753	432
Other Investing Activities	1,534	-2,048	-2,050	-1	-12
Investing Cash Flow	-536	-10,361	-6,842	-4,116	-260
Short-Term Debt Issued	-	3,275	1,100	-	20
Long-Term Debt Issued	1,456	-	2,000	-	-
Total Debt Issued	1,456	3,275	3,100	-	20
Short-Term Debt Repaid	-3,250	-	-	-500	-
Long-Term Debt Repaid	-736	-400	-	-	-800
Total Debt Repaid	-3,986	-400	-	-500	-800
Net Debt Issued (Repaid)	-2,530	2,875	3,100	-500	-780
Issuance of Common Stock	13,441	727	4,287	6	1,405
Common Dividends Paid	-	-	-	-	-150
Other Financing Activities	2,827	-2,908	3,299	-152	2,378
Financing Cash Flow	13,738	694	10,686	-646	2,853
Foreign Exchange Rate Adjustments	193	1,313	190	1,066	884
Miscellaneous Cash Flow Adjustments	-1	1	-	1	-
Net Cash Flow	10,986	-11,517	10,583	-3,302	4,029
Free Cash Flow	-2,742	-3,687	5,276	-580	173
Free Cash Flow Growth	-	-	-	-	-83.88%
Free Cash Flow Margin	-10.22%	-15.62%	20.29%	-3.33%	1.36%
Free Cash Flow Per Share	-52.26	-71.01	107.91	-12.10	3.58
Cash Interest Paid	148	103	30	27	32
Cash Income Tax Paid	763	2,194	1,579	1,115	590
Levered Free Cash Flow	-220.4	-9,368	512.63	-2,067	-4,590
Unlevered Free Cash Flow	873.35	-8,462	1,293	-1,524	-4,186
Change in Working Capital	-3,275	-3,301	2,243	-573	-956

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