Youji Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar '16 Mar 31, 2016	Mar '15 Mar 31, 2015	Mar '14 Mar 31, 2014	Mar '13 Mar 31, 2013	Mar '12 Mar 31, 2012
Net Income	861	802	749	747	427
Depreciation & Amortization	67	66	61	53	47
Loss (Gain) From Sale of Assets	-	1	8	-	68
Loss (Gain) From Sale of Investments	-	-	-	3	18
Other Operating Activities	-393	-363	-394	-280	-360
Change in Accounts Receivable	10	-14	2	-3	-22
Change in Inventory	-6	8	-4	3	3
Change in Accounts Payable	-81	3	-	10	16
Change in Other Net Operating Assets	101	289	294	174	-158
Operating Cash Flow	559	792	716	707	39
Operating Cash Flow Growth	-29.42%	10.62%	1.27%	1712.82%	-92.31%
Capital Expenditures	-17	-44	-22	-29	-21
Sale of Property, Plant & Equipment	17	13	-	-	-
Sale (Purchase) of Intangibles	-4	-44	-6	-47	-53
Investment in Securities	-	-295	100	5	45
Other Investing Activities	24	-29	-13	-28	21
Investing Cash Flow	20	-399	59	-99	-8
Long-Term Debt Issued	-	300	-	-	300
Long-Term Debt Repaid	-60	-126	-132	-132	-72
Net Debt Issued (Repaid)	-60	174	-132	-132	228
Issuance of Common Stock	30	31	45	20	-
Common Dividends Paid	-39	-39	-35	-35	-34
Other Financing Activities	-	-1	-	1	-2
Financing Cash Flow	-69	165	-122	-146	192
Miscellaneous Cash Flow Adjustments	1	1	-	-1	1
Net Cash Flow	511	559	653	461	224
Free Cash Flow	542	748	694	678	18
Free Cash Flow Growth	-27.54%	7.78%	2.36%	3666.67%	-95.95%
Free Cash Flow Margin	8.60%	12.48%	12.32%	12.45%	0.36%
Free Cash Flow Per Share	46.41	64.33	60.05	60.11	1.64
Cash Interest Paid	4	3	3	4	1
Cash Income Tax Paid	393	364	395	283	362
Levered Free Cash Flow	526.38	597.88	675.13	607	-13.75
Unlevered Free Cash Flow	528.88	604.13	677	609.5	-9.38
Change in Working Capital	24	286	292	184	-161

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