Mitsui Fudosan Accommodations Fund Inc. (TYO:3226)

TYO:3226 Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Net Income	11,645	11,365	11,663	10,720	10,257	9,760
Depreciation & Amortization	3,833	3,800	3,830	3,989	4,098	3,981
Other Amortization	6	6	13	16	15	4
Change in Accounts Receivable	-115	-27	-23	-21	-31	-57
Change in Accounts Payable	48	118	178	-170	4	-61
Change in Other Net Operating Assets	-	-	754	289	-	-
Other Operating Activities	97	81	52	-276	24	59
Operating Cash Flow	15,570	15,401	16,492	14,581	14,463	13,721
Operating Cash Flow Growth	2.44%	-6.62%	13.11%	0.82%	5.41%	-18.98%
Acquisition of Real Estate Assets	-8,214	-4,215	-5,564	-3,786	-21,197	-9,753
Net Sale / Acq. of Real Estate Assets	-8,214	-4,215	-5,564	-3,786	-21,197	-9,753
Other Investing Activities	37	-26	-55	-46	32	-47
Investing Cash Flow	-8,177	-4,241	-5,658	-3,832	-21,165	-9,800
Short-Term Debt Issued	-	4,000	8,000	14,000	14,000	11,000
Long-Term Debt Issued	-	14,000	17,500	24,000	29,000	25,500
Total Debt Issued	23,000	18,000	25,500	38,000	43,000	36,500
Short-Term Debt Repaid	-	-4,000	-8,000	-14,000	-15,000	-11,000
Long-Term Debt Repaid	-	-14,500	-18,500	-23,000	-20,000	-19,500
Total Debt Repaid	-20,500	-18,500	-26,500	-37,000	-35,000	-30,500
Net Debt Issued (Repaid)	2,500	-500	-1,000	1,000	8,000	6,000
Issuance of Common Stock	-	-	-	-	-	9,814
Common Dividends Paid	-11,362	-11,338	-10,784	-10,463	-10,127	-9,763
Other Financing Activities	-	-	-	-	-34	-30
Miscellaneous Cash Flow Adjustments	-	-	-3	-	3	-1
Net Cash Flow	-1,469	-678	-953	1,286	-8,860	9,941
Cash Interest Paid	879	827	805	845	866	876
Levered Free Cash Flow	11,150	11,074	11,239	10,471	10,646	-
Unlevered Free Cash Flow	11,718	11,589	11,738	10,981	11,184	-
Change in Working Capital	-11	149	934	132	69	-83

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