Global Link Management 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 2020	FY 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Net Income	5,273	4,259	2,280	1,028	1,364
Depreciation & Amortization	107	89	90	70	70
Loss (Gain) From Sale of Assets	-132	1	-1	-	-
Loss (Gain) on Equity Investments	6	-35	-1	-	-
Other Operating Activities	-1,676	-1,092	-650	-334	-402
Change in Inventory	-1,860	7,797	-9,142	-1,993	-4,445
Change in Accounts Payable	-264	-178	-425	1,123	31
Change in Other Net Operating Assets	-723	-481	-441	-288	83
Operating Cash Flow	731	10,360	-8,290	-394	-3,299
Operating Cash Flow Growth	-92.94%	-	-	-	-
Capital Expenditures	-93	-1,944	-13	-137	-1
Sale of Property, Plant & Equipment	2,054	-	-	-	-
Sale (Purchase) of Intangibles	-3	-13	-39	-76	-49
Investment in Securities	-339	23	58	-217	-43
Other Investing Activities	-60	-52	-2	-156	-169
Investing Cash Flow	1,559	-1,986	4	-586	-262
Short-Term Debt Issued	20,024	9,883	13,968	6,075	3,039
Long-Term Debt Issued	16,300	6,616	11,082	9,354	7,160
Total Debt Issued	36,324	16,499	25,050	15,429	10,199
Short-Term Debt Repaid	-16,188	-12,178	-12,240	-6,794	-3,712
Long-Term Debt Repaid	-18,941	-7,155	-3,399	-7,355	-3,038
Total Debt Repaid	-35,129	-19,333	-15,639	-14,149	-6,750
Net Debt Issued (Repaid)	1,195	-2,834	9,411	1,280	3,449
Issuance of Common Stock	30	-	-	16	2
Common Dividends Paid	-799	-417	-277	-94	-94
Other Financing Activities	-3	-2	172	-6	-9
Financing Cash Flow	423	-3,253	9,306	1,196	3,348
Miscellaneous Cash Flow Adjustments	-	-1	-	-1	1
Net Cash Flow	2,713	5,120	1,020	215	-212
Free Cash Flow	638	8,416	-8,303	-531	-3,300
Free Cash Flow Growth	-92.42%	-	-	-	-
Free Cash Flow Margin	0.99%	20.40%	-23.28%	-1.98%	-13.15%
Free Cash Flow Per Share	39.86	526.81	-521.55	-33.80	-210.60
Cash Interest Paid	422	295	303	302	188
Cash Income Tax Paid	1,719	1,151	665	356	399
Levered Free Cash Flow	477.63	8,246	-	-701.38	-3,334
Unlevered Free Cash Flow	770.13	8,467	-	-498.25	-3,218
Change in Working Capital	-2,847	7,138	-10,008	-1,158	-4,331

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