EM Systems Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	3,694	2,750	2,789	2,599	2,027
Depreciation & Amortization	1,564	1,458	970	973	910.67
Loss (Gain) From Sale of Assets	1,488	10	2	8	-50.67
Loss (Gain) on Equity Investments	-	35	218	-	-
Other Operating Activities	-518	-1,050	-945	-420	-708
Change in Accounts Receivable	-1,211	269	-205	-546	153.33
Change in Inventory	253	9	-396	-439	-66.67
Change in Accounts Payable	484	-503	643	-7	-97.33
Change in Other Net Operating Assets	2	-1,394	-604	-456	-1,579
Operating Cash Flow	5,756	1,584	2,472	1,712	589.33
Operating Cash Flow Growth	263.38%	-35.92%	44.39%	190.50%	-74.38%
Capital Expenditures	-397	-170	-65	-116	-497.33
Sale of Property, Plant & Equipment	-	-	-	-	118.67
Cash Acquisitions	-	-2,007	-460	-	-
Sale (Purchase) of Intangibles	-358	-586	-392	-479	-633.33
Investment in Securities	-1	-14	-322	-668	-
Other Investing Activities	951	730	838	843	813.33
Investing Cash Flow	194	-2,038	-577	-544	-196
Long-Term Debt Issued	-	2,500	-	-	-
Long-Term Debt Repaid	-1,091	-410	-	-	-
Total Debt Repaid	-1,091	-410	-	-	-45.33
Net Debt Issued (Repaid)	-1,091	2,090	-	-	-45.33
Issuance of Common Stock	-	-	-	-	196
Repurchase of Common Stock	-999	-	-499	-	-665.33
Common Dividends Paid	-1,123	-1,060	-781	-714	-942.67
Other Financing Activities	-354	-37	-39	21	8
Financing Cash Flow	-3,567	993	-1,319	-693	-1,449
Foreign Exchange Rate Adjustments	59	20	15	35	5.33
Miscellaneous Cash Flow Adjustments	-	1	-	-203	1.33
Net Cash Flow	2,442	560	591	307	-1,049
Free Cash Flow	5,359	1,414	2,407	1,596	92
Free Cash Flow Growth	279.00%	-41.25%	50.81%	1634.78%	-95.50%
Free Cash Flow Margin	21.58%	6.95%	14.23%	11.06%	0.69%
Free Cash Flow Per Share	76.09	19.94	33.89	22.37	1.29
Cash Interest Paid	8	7	4	-	-
Cash Income Tax Paid	522	1,052	947	421	706.67
Levered Free Cash Flow	6,075	1,471	2,071	1,183	-
Unlevered Free Cash Flow	6,080	1,475	2,074	1,183	-
Change in Working Capital	-472	-1,619	-562	-1,448	-1,589

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