Tokyo Energy & Systems 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 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	4,890	5,367	3,412	1,792	4,102
Depreciation & Amortization	2,018	2,129	1,752	1,195	828
Loss (Gain) From Sale of Assets	-26	23	29	-	21
Loss (Gain) From Sale of Investments	-1,521	-178	-92	-311	-209
Other Operating Activities	-1,662	-1,829	-319	-1,212	-1,626
Change in Accounts Receivable	-6,632	273	4,644	-9,606	3,528
Change in Inventory	149	1,304	-1,453	-298	1,496
Change in Accounts Payable	-7,877	3,613	-1,312	5,181	-1,371
Change in Other Net Operating Assets	-4,568	-2,199	1,482	-2,474	3,985
Operating Cash Flow	-15,229	8,503	8,143	-5,733	10,754
Operating Cash Flow Growth	-	4.42%	-	-	349.96%
Capital Expenditures	-758	-935	-3,949	-6,282	-3,406
Investment in Securities	1,371	-3,231	778	10,433	-12,707
Other Investing Activities	-703	-960	52	-4,536	-51
Investing Cash Flow	-90	-5,126	-3,119	-385	-16,164
Short-Term Debt Issued	20,580	11,821	19,000	7,500	-
Long-Term Debt Issued	-	-	3,000	3,400	1,600
Total Debt Issued	20,580	11,821	22,000	10,900	1,600
Short-Term Debt Repaid	-7,107	-13,200	-21,000	-4,000	-100
Long-Term Debt Repaid	-868	-868	-459	-76	-174
Total Debt Repaid	-7,975	-14,068	-21,459	-4,076	-274
Net Debt Issued (Repaid)	12,605	-2,247	541	6,824	1,326
Repurchase of Common Stock	-223	-827	-	-	-
Common Dividends Paid	-1,704	-1,365	-1,192	-1,022	-954
Other Financing Activities	-23	-7	-5	-18	97
Financing Cash Flow	10,655	-4,446	-656	5,784	469
Foreign Exchange Rate Adjustments	154	52	-217	97	149
Miscellaneous Cash Flow Adjustments	-	1	-2	-1	-86
Net Cash Flow	-4,510	-1,016	4,149	-238	-4,878
Free Cash Flow	-15,987	7,568	4,194	-12,015	7,348
Free Cash Flow Growth	-	80.45%	-	-	253.95%
Free Cash Flow Margin	-23.61%	8.55%	5.30%	-16.55%	12.35%
Free Cash Flow Per Share	-477.65	221.65	122.46	-351.03	215.28
Cash Interest Paid	230	190	142	69	56
Cash Income Tax Paid	1,673	1,816	1,313	1,342	1,606
Levered Free Cash Flow	-15,424	8,105	3,292	-10,535	7,512
Unlevered Free Cash Flow	-15,285	8,223	3,381	-10,492	7,547
Change in Working Capital	-18,928	2,991	3,361	-7,197	7,638

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