Asahi Net Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2015	FY 2014	FY 2013	FY 2010	FY 2009
Period Ending	Mar '15 Mar 31, 2015	Mar '14 Mar 31, 2014	Mar '13 Mar 31, 2013	Mar '10 Mar 31, 2010	Mar '09 Mar 31, 2009
Net Income	1,495	1,540	967	438.46	904.54
Depreciation & Amortization	194	149	88	127.36	167.9
Other Amortization	-	-	-	16.4	-
Loss (Gain) From Sale of Assets	10	-	13	0.45	2.35
Asset Writedown & Restructuring Costs	-	-	-	-	17.28
Loss (Gain) From Sale of Investments	14	91	60	512.75	-
Loss (Gain) on Equity Investments	-	33	633	-	-
Other Operating Activities	-404	-618	-709	-12.58	148.31
Change in Accounts Receivable	-116	103	107	-144.77	-159.43
Change in Inventory	-137	-	3	-0.19	2.92
Change in Accounts Payable	101	-88	-135	100.78	166.19
Change in Other Net Operating Assets	84	33	9	30.85	-61.94
Operating Cash Flow	1,241	1,243	1,036	1,070	1,188
Operating Cash Flow Growth	-0.16%	19.98%	-3.13%	-9.98%	74.55%
Capital Expenditures	-183	-181	-91	-52.59	-188.75
Cash Acquisitions	-	-	-480	-	-
Sale (Purchase) of Intangibles	-101	-99	-121	-60.36	-8.16
Investment in Securities	-	2,465	-1,140	1,400	-1,100
Other Investing Activities	-5	-220	-265	-1.98	-17.86
Investing Cash Flow	-289	1,965	-2,097	1,285	-1,315
Repurchase of Common Stock	-502	-436	-	-172.61	-
Common Dividends Paid	-535	-525	-494	-403.18	-517.84
Other Financing Activities	-	-	-	-0	-
Financing Cash Flow	-1,037	-961	-494	-575.79	-517.84
Foreign Exchange Rate Adjustments	6	16	6	-	-
Miscellaneous Cash Flow Adjustments	-	1	-1	0	-
Net Cash Flow	-79	2,264	-1,550	1,779	-644.51
Free Cash Flow	1,058	1,062	945	1,017	999.35
Free Cash Flow Growth	-0.38%	12.38%	-7.07%	1.76%	79.77%
Free Cash Flow Margin	13.52%	14.06%	13.06%	15.09%	16.03%
Free Cash Flow Per Share	34.98	33.80	29.64	31.60	30.76
Cash Income Tax Paid	404	620	711	697.42	487.91
Levered Free Cash Flow	942.13	952.13	-	1,007	1,024
Unlevered Free Cash Flow	942.13	952.13	-	1,007	1,024
Change in Working Capital	-68	48	-16	-13.34	-52.27

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