Nippon Denko 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	4,747	2,952	10,415	6,146	2,388
Depreciation & Amortization	3,245	2,945	2,463	2,124	1,824
Loss (Gain) From Sale of Assets	546	532	527	1,167	725
Loss (Gain) From Sale of Investments	-	-517	-88	-39	378
Loss (Gain) on Equity Investments	1,096	1,873	-1,906	223	1,109
Other Operating Activities	-39	-1,375	-1,269	-497	-244
Change in Accounts Receivable	-688	-1,053	7,719	-4,734	2,094
Change in Inventory	-3,360	2,693	-10,571	-1,541	2,641
Change in Accounts Payable	209	821	-318	2,408	-714
Change in Other Net Operating Assets	202	-95	-692	-11	150
Operating Cash Flow	5,958	8,776	6,280	5,246	10,351
Operating Cash Flow Growth	-32.11%	39.75%	19.71%	-49.32%	258.17%
Capital Expenditures	-4,299	-4,791	-4,543	-2,718	-4,631
Sale of Property, Plant & Equipment	14	9	8	3	15
Divestitures	-	27	-	-	-
Investment in Securities	-110	509	391	71	22
Other Investing Activities	-453	-420	-448	-489	-419
Investing Cash Flow	-4,848	-4,666	-4,592	-2,211	-8,994
Short-Term Debt Issued	2,000	-	6,000	-	-
Long-Term Debt Issued	-	6,649	-	-	9,500
Total Debt Issued	2,000	6,649	6,000	-	9,500
Short-Term Debt Repaid	-	-6,000	-	-	-7,000
Long-Term Debt Repaid	-3,528	-3,058	-2,558	-1,458	-1,667
Total Debt Repaid	-3,528	-9,058	-2,558	-1,458	-8,667
Net Debt Issued (Repaid)	-1,528	-2,409	3,442	-1,458	833
Repurchase of Common Stock	-	-1,000	-3,000	-	-
Common Dividends Paid	-1,372	-1,670	-2,937	-1,321	-
Other Financing Activities	-158	-163	-185	-141	-132
Financing Cash Flow	-3,058	-5,242	-2,680	-2,920	701
Foreign Exchange Rate Adjustments	29	88	124	62	-55
Miscellaneous Cash Flow Adjustments	-	-	-	-1	-
Net Cash Flow	-1,919	-1,044	-868	176	2,003
Free Cash Flow	1,659	3,985	1,737	2,528	5,720
Free Cash Flow Growth	-58.37%	129.42%	-31.29%	-55.80%	-
Free Cash Flow Margin	2.12%	5.22%	2.19%	3.83%	10.59%
Free Cash Flow Per Share	12.09	28.99	11.90	17.22	38.99
Cash Interest Paid	594	547	488	481	488
Cash Income Tax Paid	-257	1,193	1,149	156	154
Levered Free Cash Flow	-490.75	1,426	226.88	2,681	2,053
Unlevered Free Cash Flow	-120.75	1,767	530	2,980	2,360
Change in Working Capital	-3,637	2,366	-3,862	-3,878	4,171

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