As Partners CO.,LTD. Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020
Net Income	956.66	563.57	229.71	-	-
Depreciation & Amortization	197.03	163.19	131.04	-	-
Other Amortization	28.98	12.41	16.3	-	-
Loss (Gain) From Sale of Assets	-	-	-97.09	-	-
Asset Writedown & Restructuring Costs	0.5	2.28	2.08	-	-
Provision & Write-off of Bad Debts	-	-	1.93	-	-
Other Operating Activities	-95.26	152.54	31.25	-	-
Change in Accounts Receivable	-232.81	-219.8	-199.48	-	-
Change in Inventory	460.15	2,006	-1,687	-	-
Change in Accounts Payable	53.69	-155.58	-58.54	-	-
Change in Unearned Revenue	-38.5	664.4	1,399	-	-
Change in Other Net Operating Assets	-554.81	243.67	-513.66	-	-
Operating Cash Flow	775.63	3,433	-745.18	-	-
Operating Cash Flow Growth	-77.41%	-	-	-	-
Capital Expenditures	-4,603	-1,226	-1,107	-	-
Sale of Property, Plant & Equipment	-	-	427.67	-	-
Sale (Purchase) of Intangibles	-4.94	-14.02	-11.78	-	-
Investment in Securities	-8.81	-5.9	8.45	-	-
Other Investing Activities	-29.42	-184.94	-25.05	-	-
Investing Cash Flow	-4,646	-1,430	-707.64	-	-
Short-Term Debt Issued	2,959	1,737	1,630	-	-
Long-Term Debt Issued	5,620	2,234	1,843	-	-
Total Debt Issued	8,579	3,972	3,473	-	-
Short-Term Debt Repaid	-2,314	-3,310	-1,448	-	-
Long-Term Debt Repaid	-2,612	-1,492	-669.66	-	-
Total Debt Repaid	-4,926	-4,802	-2,118	-	-
Net Debt Issued (Repaid)	3,653	-830.56	1,355	-	-
Issuance of Common Stock	931.39	-	-	-	-
Common Dividends Paid	-115.14	-48.48	-48.48	-	-
Other Financing Activities	-12	-5.21	-0	-	-
Financing Cash Flow	4,458	-884.25	1,307	-	-
Miscellaneous Cash Flow Adjustments	-0	-0	-	-	-
Net Cash Flow	587.22	1,118	-146.23	-	-
Free Cash Flow	-3,827	2,207	-1,852	-	-
Free Cash Flow Margin	-21.36%	12.87%	-14.49%	-	-
Free Cash Flow Per Share	-1066.42	728.42	-611.26	-	-
Cash Interest Paid	90.93	53.05	63.86	-	-
Cash Income Tax Paid	485.74	138.17	115.22	-	-
Levered Free Cash Flow	-7,541	387.93	-	-	-
Unlevered Free Cash Flow	-7,489	421.08	-	-	-
Change in Working Capital	-312.27	2,539	-1,060	-	-

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