Gala Incorporated 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 2023	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Mar '23 Mar 31, 2023	Dec '23 Dec 31, 2023
Net Income	-780	-845	-353.33	260	-353.33
Depreciation & Amortization	140	161	78.67	108	78.67
Loss (Gain) From Sale of Assets	527	426	4	142	4
Other Operating Activities	-65	-2	-12	-5	-12
Change in Accounts Receivable	-83	15	18.67	-196	18.67
Change in Inventory	-	-	-2.67	-	-2.67
Change in Accounts Payable	84	45	-48	32	-48
Change in Other Net Operating Assets	91	-98	141.33	205	141.33
Operating Cash Flow	-86	-298	-173.33	546	-173.33
Capital Expenditures	-86	-1,708	-250.67	-52	-250.67
Sale of Property, Plant & Equipment	8	-	2.67	-	2.67
Cash Acquisitions	-	-	-297.33	-	-297.33
Sale (Purchase) of Intangibles	-	-2	-8	-219	-8
Investment in Securities	-219	154	-548	-	-548
Other Investing Activities	5	44	-6.67	-	-6.67
Investing Cash Flow	-117	-1,687	-1,108	-271	-1,108
Short-Term Debt Issued	116	959	-	-	-
Long-Term Debt Issued	-	68	-	-	-
Total Debt Issued	116	1,027	37.33	-	37.33
Long-Term Debt Repaid	-18	-17	-	-7	-
Total Debt Repaid	-18	-17	-16	-7	-16
Net Debt Issued (Repaid)	98	1,010	21.33	-7	21.33
Issuance of Common Stock	-	550	-	1,287	-
Other Financing Activities	27	16	5.33	-	5.33
Financing Cash Flow	125	1,576	26.67	1,280	26.67
Foreign Exchange Rate Adjustments	8	-5	45.33	-4	45.33
Miscellaneous Cash Flow Adjustments	1	-1	1.33	-1	1.33
Net Cash Flow	-69	-415	-1,208	1,550	-1,208
Free Cash Flow	-172	-2,006	-424	494	-424
Free Cash Flow Margin	-6.64%	-85.36%	-19.46%	15.40%	-19.46%
Free Cash Flow Per Share	-6.14	-74.46	-16.94	18.71	-16.94
Cash Interest Paid	37	19	4	-	4
Cash Income Tax Paid	6	4	10.67	6	10.67
Levered Free Cash Flow	4.5	-1,961	-	91.75	-
Unlevered Free Cash Flow	28.25	-1,950	-	91.75	-
Change in Working Capital	92	-38	109.33	41	109.33