FAN Communications Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,982	1,697	1,889	2,302	2,480
Depreciation & Amortization	251	182	122	140	197
Loss (Gain) From Sale of Assets	66	34	69	74	159
Loss (Gain) From Sale of Investments	9	-	96	12	-83
Other Operating Activities	-179	-622	-835	-674	-866
Change in Accounts Receivable	496	-232	361	-264	435
Change in Accounts Payable	-487	165	-119	547	-544
Change in Other Net Operating Assets	-68	37	-73	339	-553
Operating Cash Flow	2,070	1,261	1,510	2,476	1,225
Operating Cash Flow Growth	64.16%	-16.49%	-39.02%	102.12%	-53.76%
Capital Expenditures	-4	-18	-35	-28	-10
Sale of Property, Plant & Equipment	-	-	-	-	8
Cash Acquisitions	-	-600	-	-116	-
Sale (Purchase) of Intangibles	-144	-146	-138	-94	-125
Investment in Securities	-2,604	466	216	-1,165	841
Other Investing Activities	124	-26	-22	-12	226
Investing Cash Flow	-2,628	-324	21	-1,542	940
Issuance of Common Stock	27	-	-	-	-
Repurchase of Common Stock	-	-	-25	-1,957	-1,001
Common Dividends Paid	-1,786	-1,257	-1,259	-1,345	-1,392
Other Financing Activities	1	-	-32	-	-1
Financing Cash Flow	-1,758	-1,257	-1,316	-3,302	-2,394
Foreign Exchange Rate Adjustments	-5	38	10	62	58
Miscellaneous Cash Flow Adjustments	-1	-	21	-	2
Net Cash Flow	-2,322	-282	246	-2,306	-169
Free Cash Flow	2,066	1,243	1,475	2,448	1,215
Free Cash Flow Growth	66.21%	-15.73%	-39.75%	101.48%	-52.67%
Free Cash Flow Margin	29.12%	17.86%	19.94%	31.64%	4.55%
Free Cash Flow Per Share	31.16	18.76	22.26	35.62	16.80
Cash Income Tax Paid	164	625	834	674	870
Levered Free Cash Flow	1,979	616.5	1,285	2,197	995.38
Unlevered Free Cash Flow	1,979	616.5	1,285	2,197	995.38
Change in Working Capital	-59	-30	169	622	-662