CL Holdings Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,313	280	1,073	778	1,537
Depreciation & Amortization	1,517	1,419	1,212	1,059	70
Loss (Gain) From Sale of Assets	71	-	-	-	-
Loss (Gain) on Equity Investments	-	-	-	-	-41
Other Operating Activities	-484	-449	-614	-187	-599
Change in Accounts Receivable	-1,906	-274	-1,622	-507	256
Change in Inventory	41	-456	-111	-83	-100
Change in Accounts Payable	556	283	169	76	-219
Change in Other Net Operating Assets	-203	261	279	-46	-255
Operating Cash Flow	905	1,064	386	1,090	649
Operating Cash Flow Growth	-14.94%	175.65%	-64.59%	67.95%	-4.98%
Capital Expenditures	-491	-494	-258	-36	-160
Divestitures	440	-	-	-	-
Sale (Purchase) of Intangibles	-116	-59	-96	-85	-61
Investment in Securities	-	486	561	-	-
Other Investing Activities	-363	60	247	127	-86
Investing Cash Flow	-530	-7	454	6	-307
Short-Term Debt Issued	-	4,584	-	-	-
Long-Term Debt Issued	4,584	-	-	-	700
Total Debt Issued	4,584	4,584	-	-	700
Short-Term Debt Repaid	-3,413	-	-	-	-504
Long-Term Debt Repaid	-760	-342	-342	-342	-343
Total Debt Repaid	-4,173	-342	-342	-342	-847
Net Debt Issued (Repaid)	411	4,242	-342	-342	-147
Issuance of Common Stock	12	16	-	-	28
Repurchase of Common Stock	-171	-	-	-406	-
Common Dividends Paid	-55	-166	-112	-378	-376
Other Financing Activities	-954	-5,593	-911	-777	4
Financing Cash Flow	-757	-1,501	-1,365	-1,903	-491
Foreign Exchange Rate Adjustments	2	26	9	1	22
Miscellaneous Cash Flow Adjustments	-	-	2	2	-
Net Cash Flow	-380	-418	-514	-804	-127
Free Cash Flow	414	570	128	1,054	489
Free Cash Flow Growth	-27.37%	345.31%	-87.86%	115.54%	-26.69%
Free Cash Flow Margin	1.06%	1.49%	0.35%	3.29%	2.42%
Free Cash Flow Per Share	38.26	55.79	12.61	101.99	46.56
Cash Interest Paid	107	38	17	19	14
Cash Income Tax Paid	479	436	592	170	647
Levered Free Cash Flow	449	1,332	793	-1,199	170.5
Unlevered Free Cash Flow	517.13	1,355	803.63	-1,188	179.25
Change in Working Capital	-1,512	-186	-1,285	-560	-318

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.