PA Co., Ltd. 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	118	68	62	73	-262
Depreciation & Amortization	20	21	20	29	48
Loss (Gain) From Sale of Assets	22	-	-	13	237
Loss (Gain) From Sale of Investments	-6	-1	-7	-4	-2
Other Operating Activities	-11	-38	15	12	-32
Change in Accounts Receivable	-37	-24	-12	5	-74
Change in Inventory	-	3	-1	-1	-
Change in Accounts Payable	6	1	11	-27	30
Change in Other Net Operating Assets	4	-9	23	-42	-37
Operating Cash Flow	116	21	111	58	-92
Operating Cash Flow Growth	452.38%	-81.08%	91.38%	-	-
Capital Expenditures	-62	-10	-6	-46	-28
Investment in Securities	16	-7	1	4	252
Other Investing Activities	-30	-2	4	2	1
Investing Cash Flow	-76	-19	-1	-40	225
Short-Term Debt Issued	40	-	-	-	-
Long-Term Debt Issued	-	-	-	35	-
Total Debt Issued	40	-	-	35	-
Short-Term Debt Repaid	-	-	-	-45	-15
Long-Term Debt Repaid	-55	-55	-55	-40	-30
Total Debt Repaid	-55	-55	-55	-85	-45
Net Debt Issued (Repaid)	-15	-55	-55	-50	-45
Common Dividends Paid	-45	-	-	-	-
Other Financing Activities	-	-	-	1	-
Financing Cash Flow	-60	-55	-55	-49	-45
Foreign Exchange Rate Adjustments	-	-	-	-	1
Miscellaneous Cash Flow Adjustments	-	-	-	1	-1
Net Cash Flow	-20	-53	55	-30	88
Free Cash Flow	54	11	105	12	-120
Free Cash Flow Growth	390.91%	-89.52%	775.00%	-	-
Free Cash Flow Margin	2.67%	0.59%	5.88%	0.72%	-7.58%
Free Cash Flow Per Share	5.02	1.02	9.77	1.12	-11.16
Cash Interest Paid	7	5	4	4	4
Cash Income Tax Paid	14	39	7	-5	67
Levered Free Cash Flow	29.25	6.75	106	26.75	-160
Unlevered Free Cash Flow	33	9.88	108.5	29.25	-157.5
Change in Working Capital	-27	-29	21	-65	-81

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