WILLs 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 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,016	744	654	514	398
Depreciation & Amortization	113	117	103	90	67
Loss (Gain) From Sale of Assets	8	166	38	5	3
Other Operating Activities	-263	-285	-212	-140	-142
Change in Accounts Receivable	-75	-44	-13	40	144
Change in Inventory	15	-13	2	5	-4
Change in Accounts Payable	72	77	24	-44	-29
Change in Other Net Operating Assets	185	185	200	66	38
Operating Cash Flow	1,071	947	796	536	475
Operating Cash Flow Growth	13.09%	18.97%	48.51%	12.84%	-
Capital Expenditures	-9	-41	-8	-4	-4
Cash Acquisitions	-21	-	-	-	13
Sale (Purchase) of Intangibles	-192	-182	-176	-181	-130
Investment in Securities	1,000	-1,037	20	-	-19
Other Investing Activities	-25	14	-94	-9	10
Investing Cash Flow	753	-1,246	-258	-194	-190
Short-Term Debt Issued	57	-	4	172	100
Total Debt Issued	57	-	4	172	100
Short-Term Debt Repaid	-	-10	-	-	-
Long-Term Debt Repaid	-23	-25	-26	-26	-26
Total Debt Repaid	-23	-35	-26	-26	-26
Net Debt Issued (Repaid)	34	-35	-22	146	74
Issuance of Common Stock	-	-	55	18	37
Repurchase of Common Stock	-153	-99	-99	-	-
Common Dividends Paid	-236	-218	-49	-	-45
Other Financing Activities	-	-2	1	-	-4
Financing Cash Flow	-355	-354	-114	164	62
Miscellaneous Cash Flow Adjustments	3	1	-1	-	-
Net Cash Flow	1,472	-652	423	506	347
Free Cash Flow	1,062	906	788	532	471
Free Cash Flow Growth	17.22%	14.97%	48.12%	12.95%	-
Free Cash Flow Margin	20.94%	20.22%	20.65%	15.75%	19.36%
Free Cash Flow Per Share	51.39	43.62	39.44	25.59	23.14
Cash Interest Paid	5	4	-	3	1
Cash Income Tax Paid	269	287	212	142	140
Levered Free Cash Flow	775.38	628.38	650.88	313.38	-
Unlevered Free Cash Flow	778.5	630.88	653.38	315.25	-
Change in Working Capital	197	205	213	67	149

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