First Baking 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,823	515	-1,105	-699
Depreciation & Amortization	521	517	575	598
Loss (Gain) From Sale of Assets	-1,366	11	377	176
Loss (Gain) From Sale of Investments	-	-	-700	-
Other Operating Activities	-22	-27	-50	-38
Change in Accounts Receivable	124	4	-161	-179
Change in Inventory	-13	-17	-18	-13
Change in Accounts Payable	90	-10	788	34
Change in Other Net Operating Assets	-205	-499	767	111
Operating Cash Flow	952	494	473	-10
Operating Cash Flow Growth	92.71%	4.44%	-	-
Capital Expenditures	-670	-311	-323	-487
Sale of Property, Plant & Equipment	4,478	-5	-6	-16
Sale (Purchase) of Intangibles	-5	-	-2	-17
Investment in Securities	110	15	1,135	-111
Other Investing Activities	-17	-3	-16	-15
Investing Cash Flow	3,896	-304	788	-646
Short-Term Debt Issued	-	400	-	400
Total Debt Issued	-	400	-	400
Short-Term Debt Repaid	-3,800	-	-500	-
Long-Term Debt Repaid	-28	-43	-296	-221
Total Debt Repaid	-3,828	-43	-796	-221
Net Debt Issued (Repaid)	-3,828	357	-796	179
Other Financing Activities	-14	341	253	-91
Financing Cash Flow	-3,842	698	-543	88
Miscellaneous Cash Flow Adjustments	1	1	-	1
Net Cash Flow	1,007	889	718	-567
Free Cash Flow	282	183	150	-497
Free Cash Flow Growth	54.10%	22.00%	-	-
Free Cash Flow Margin	1.04%	0.69%	0.61%	-2.08%
Free Cash Flow Per Share	40.73	26.43	21.66	-71.78
Cash Interest Paid	17	31	27	32
Cash Income Tax Paid	30	27	49	38
Levered Free Cash Flow	995.5	140.38	1,259	-557.38
Unlevered Free Cash Flow	1,012	159.75	1,276	-538
Change in Working Capital	-4	-522	1,376	-47

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