Nippon Accommodations Fund Inc. (TYO:3226)

TYO:3226 Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023
Period Ending	Feb 28, 2025	Aug 31, 2024	Feb 29, 2024	Aug 31, 2023	Feb 28, 2023
Net Income	11,365	11,342	11,663	11,786	10,720
Depreciation & Amortization	3,800	3,801	3,830	3,878	3,989
Other Amortization	6	5	13	-	16
Change in Accounts Receivable	-27	81	-23	40	-21
Change in Accounts Payable	118	-106	178	1,144	-170
Change in Other Net Operating Assets	-	-	754	-	289
Other Operating Activities	81	37	52	1,522	-276
Operating Cash Flow	15,401	15,199	16,492	18,370	14,581
Operating Cash Flow Growth	1.33%	-7.84%	-10.22%	25.99%	-3.36%
Acquisition of Real Estate Assets	-4,215	-5,828	-5,564	-1,788	-3,786
Net Sale / Acq. of Real Estate Assets	-4,215	-5,828	-5,564	-1,788	-3,786
Other Investing Activities	-26	-34	-55	-200	-46
Investing Cash Flow	-4,241	-5,901	-5,658	-1,988	-3,832
Short-Term Debt Issued	4,000	-	8,000	-	14,000
Long-Term Debt Issued	14,000	-	17,500	-	24,000
Total Debt Issued	18,000	11,000	25,500	-	38,000
Short-Term Debt Repaid	-4,000	-	-8,000	-	-14,000
Long-Term Debt Repaid	-14,500	-	-18,500	-	-23,000
Total Debt Repaid	-18,500	-12,500	-26,500	-2,000	-37,000
Net Debt Issued (Repaid)	-500	-1,500	-1,000	-2,000	1,000
Common Dividends Paid	-11,338	-5,359	-10,784	-	-10,463
Common & Preferred Dividends Paid	-	-5,768	-	-10,850	-
Total Dividends Paid	-11,338	-11,127	-10,784	-10,850	-10,463
Miscellaneous Cash Flow Adjustments	-	-1	-3	-4	-
Net Cash Flow	-678	-3,330	-953	3,528	1,286
Cash Interest Paid	827	815	805	802	845
Cash Income Tax Paid	-	1	-	-	-
Levered Free Cash Flow	11,074	-	11,239	8,919	10,471
Unlevered Free Cash Flow	11,589	-	11,738	9,690	10,981
Change in Working Capital	149	14	934	1,184	132

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