INFRONEER Holdings Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	32,416	49,439	51,805	44,524
Depreciation & Amortization	35,318	33,549	31,329	31,638
Loss (Gain) From Sale of Assets	-432	-619	1,288	714
Asset Writedown & Restructuring Costs	1,310	-	-	-
Loss (Gain) From Sale of Investments	-	-	-11,430	-7,121
Loss (Gain) on Equity Investments	-1,355	-1,673	-1,032	-652
Other Operating Activities	-13,020	-14,593	-15,719	-15,030
Change in Accounts Receivable	-16,138	5,508	15,073	-41,622
Change in Inventory	-234	-1,869	-17,308	-1,525
Change in Accounts Payable	6,038	2,456	23,514	122
Change in Unearned Revenue	-5,048	-	-	-
Change in Other Net Operating Assets	749	-33,282	-6,566	-27,381
Operating Cash Flow	39,604	38,916	70,954	-16,333
Operating Cash Flow Growth	1.77%	-45.15%	-	-
Capital Expenditures	-37,855	-42,762	-24,310	-25,866
Sale of Property, Plant & Equipment	1,343	1,187	2,670	686
Cash Acquisitions	-	-212,576	-3,198	-3,311
Sale (Purchase) of Intangibles	-4,368	-	-	-
Investment in Securities	19,538	-	21,795	6,467
Other Investing Activities	-4,001	-25,103	-1,716	-1,207
Investing Cash Flow	-27,500	-279,254	-5,293	-22,547
Short-Term Debt Issued	-	275,951	-	72,490
Long-Term Debt Issued	225,005	49,878	27,937	-
Total Debt Issued	225,005	325,829	27,937	72,490
Short-Term Debt Repaid	-283,869	-	-51,310	-
Long-Term Debt Repaid	-29,849	-23,023	-9,427	-28,206
Total Debt Repaid	-313,718	-23,023	-60,737	-28,206
Net Debt Issued (Repaid)	-88,713	302,806	-32,800	44,284
Issuance of Common Stock	98,644	-	-	1,690
Repurchase of Common Stock	-	-10,003	-12,173	-17,876
Common Dividends Paid	-17,008	-	-	-
Dividends Paid	-17,008	-20,573	-10,721	-7,144
Other Financing Activities	2,195	-10,914	-690	-5,666
Financing Cash Flow	-4,882	261,316	-56,384	15,288
Foreign Exchange Rate Adjustments	-45	503	90	163
Miscellaneous Cash Flow Adjustments	-1,096	1	629	471
Net Cash Flow	6,081	21,482	9,996	-22,958
Free Cash Flow	1,749	-3,846	46,644	-42,199
Free Cash Flow Margin	0.21%	-0.48%	6.57%	-6.18%
Free Cash Flow Per Share	6.26	-15.37	179.96	-149.79
Cash Interest Paid	5,579	2,815	1,977	2,286
Cash Income Tax Paid	14,437	16,839	16,320	15,970
Levered Free Cash Flow	-21,952	95,943	56,765	-
Unlevered Free Cash Flow	-17,018	97,676	58,180	-
Change in Net Working Capital	38,734	-75,660	-25,851	-

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.