V-cube 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	-973	-4,237	131	665	955
Depreciation & Amortization	1,196	1,425	1,263	1,230	912
Loss (Gain) From Sale of Assets	598	3,779	395	475	61
Loss (Gain) From Sale of Investments	7	5	-7	-1	-30
Loss (Gain) on Equity Investments	-16	9	22	34	63
Other Operating Activities	114	47	-37	-106	27
Change in Accounts Receivable	303	-35	68	153	-634
Change in Accounts Payable	-149	78	60	-42	217
Change in Other Net Operating Assets	-265	-81	-62	-321	404
Operating Cash Flow	815	990	1,833	2,087	1,975
Operating Cash Flow Growth	-17.68%	-45.99%	-12.17%	5.67%	429.49%
Capital Expenditures	-144	-402	-655	-695	-26
Cash Acquisitions	-	-70	-50	-3,697	-133
Sale (Purchase) of Intangibles	-1,129	-1,734	-1,592	-1,418	-860
Investment in Securities	135	-101	-60	-69	92
Other Investing Activities	665	391	-38	-86	-8
Investing Cash Flow	-473	-1,916	-2,395	-5,965	-935
Short-Term Debt Issued	-	1,254	984	467	1,174
Long-Term Debt Issued	-	3,879	130	4,952	700
Total Debt Issued	-	5,133	1,114	5,419	1,874
Short-Term Debt Repaid	-294	-	-	-	-
Long-Term Debt Repaid	-754	-4,228	-519	-1,927	-594
Total Debt Repaid	-1,048	-4,228	-519	-1,927	-594
Net Debt Issued (Repaid)	-1,048	905	595	3,492	1,280
Issuance of Common Stock	442	6	-	53	54
Repurchase of Common Stock	-	-	-	-394	-299
Common Dividends Paid	-	-96	-191	-95	-23
Other Financing Activities	-153	-253	-114	-227	-62
Financing Cash Flow	-759	562	290	2,829	950
Foreign Exchange Rate Adjustments	34	53	148	99	-8
Miscellaneous Cash Flow Adjustments	1	1	-	2	-
Net Cash Flow	-382	-310	-124	-948	1,982
Free Cash Flow	671	588	1,178	1,392	1,949
Free Cash Flow Growth	14.12%	-50.09%	-15.37%	-28.58%	1165.58%
Free Cash Flow Margin	6.41%	5.30%	9.63%	12.11%	23.53%
Free Cash Flow Per Share	26.39	24.23	47.82	55.95	77.94
Cash Interest Paid	62	45	45	35	22
Cash Income Tax Paid	44	64	43	112	-24
Levered Free Cash Flow	-565.5	-1,133	-338.63	-279.88	687.38
Unlevered Free Cash Flow	-526.13	-1,104	-311.13	-258.63	701.75
Change in Working Capital	-111	-38	66	-210	-13

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