Safie Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-229	-1,545	-1,434	-1,430
Depreciation & Amortization	3	2	23	25
Loss (Gain) From Sale of Assets	66	53	326	131
Loss (Gain) From Sale of Investments	60	868	-	-
Loss (Gain) on Equity Investments	26	29	19	-
Other Operating Activities	279	14	28	2
Change in Accounts Receivable	-454	-525	-561	-71
Change in Inventory	-274	163	57	-411
Change in Accounts Payable	191	674	145	54
Change in Other Net Operating Assets	-224	166	11	163
Operating Cash Flow	-556	-101	-1,386	-1,537
Capital Expenditures	-50	-48	-197	-20
Investment in Securities	-157	-221	-221	-1,067
Other Investing Activities	3	-5	108	-360
Investing Cash Flow	-204	-274	-310	-1,447
Long-Term Debt Repaid	-	-91	-31	-9
Net Debt Issued (Repaid)	-91	-91	-31	-9
Issuance of Common Stock	15	22	173	117
Other Financing Activities	13	31	-1	-1
Financing Cash Flow	-63	-38	141	107
Foreign Exchange Rate Adjustments	-3	-3	-	-
Miscellaneous Cash Flow Adjustments	-	-1	1	-
Net Cash Flow	-826	-417	-1,554	-2,877
Free Cash Flow	-606	-149	-1,583	-1,557
Free Cash Flow Margin	-3.58%	-0.99%	-13.40%	-16.83%
Free Cash Flow Per Share	-10.94	-2.69	-28.98	-29.36
Cash Income Tax Paid	14	4	-6	21
Levered Free Cash Flow	-686.13	54.88	-1,255	-
Unlevered Free Cash Flow	-686.13	54.88	-1,255	-
Change in Working Capital	-761	478	-348	-265

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