Nippon Hotel & Residential Investment Corporation (TYO:3472)

TYO:3472 Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Nov 30, 2024	May 31, 2024	Nov 30, 2023	May 31, 2023	Nov 30, 2022
Net Income	860	736	691.04	698	680.82
Depreciation & Amortization	864	858	834.02	832	882.04
Gain (Loss) on Sale of Assets	-	40	15.99	30	2.14
Change in Accounts Receivable	12	8	-11	-	-
Change in Accounts Payable	24	28	-7.33	-270	-26.27
Change in Other Net Operating Assets	-	-	1,106	-	1,592
Other Operating Activities	102	224	143.21	2,622	2,142
Operating Cash Flow	1,862	1,894	2,772	3,912	5,273
Operating Cash Flow Growth	-1.69%	-31.66%	-29.15%	-25.81%	6.61%
Acquisition of Real Estate Assets	-240	-238	-5,367	-224	-391.1
Net Sale / Acq. of Real Estate Assets	-240	-238	-5,367	-224	-391.1
Other Investing Activities	-2	34	8.68	36	7.16
Investing Cash Flow	-242	-204	-5,358	-188	-383.94
Total Debt Issued	-	-	13,715	-	11,682
Total Debt Repaid	-292	-486	-11,451	-1,728	-15,484
Net Debt Issued (Repaid)	-292	-486	2,264	-1,728	-3,801
Common Dividends Paid	-	-	-330.43	-	-392.56
Common & Preferred Dividends Paid	-740	-690	-341	-660	-357
Total Dividends Paid	-740	-690	-671.43	-660	-749.56
Other Financing Activities	-2	-	-	-	-1
Miscellaneous Cash Flow Adjustments	-2	-2	-0	-2	-1
Net Cash Flow	584	512	-994.37	1,334	332.05
Cash Interest Paid	132	114	88.26	90	107.37
Cash Income Tax Paid	2	-	0.89	-	1.96
Levered Free Cash Flow	1,324	1,064	-	805.5	-
Unlevered Free Cash Flow	1,489	1,309	-	1,018	-
Change in Net Working Capital	-165	21	435	245	-154

Source: S&P Capital IQ. Real Estate template. Financial Sources.