AGC Inc. 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	69,200	-50,050	122,775	58,512	210,045
Depreciation & Amortization	179,800	181,273	175,346	185,656	166,756
Loss (Gain) From Sale of Assets	-	129,047	4,758	122,296	38,774
Loss (Gain) on Equity Investments	-	-2,461	-1,981	-1,236	-2,292
Other Operating Activities	3,500	-32,192	-69,996	-78,679	-34,223
Change in Accounts Receivable	-	13,850	-8,708	-4,180	-18,280
Change in Inventory	-	7,939	-88	-84,114	-48,647
Change in Accounts Payable	-	-12,368	-19,154	2,859	36,226
Change in Other Net Operating Assets	22,000	49,777	9,594	16,032	-21,646
Operating Cash Flow	274,500	284,815	212,546	217,146	326,713
Operating Cash Flow Growth	-3.62%	34.00%	-2.12%	-33.54%	44.95%
Capital Expenditures	-251,300	-242,359	-213,531	-223,921	-210,572
Sale of Property, Plant & Equipment	-	4,141	3,265	17,722	4,776
Cash Acquisitions	-	-887	-	-	-
Divestitures	-	22,121	1,786	15,548	49,599
Other Investing Activities	72,900	21,401	28,690	45,339	32,410
Investing Cash Flow	-178,400	-195,583	-179,790	-145,312	-123,787
Short-Term Debt Issued	-	3,495	47,307	29,004	-
Long-Term Debt Issued	-	95,645	99,636	95,576	63,673
Total Debt Issued	-	99,140	146,943	124,580	63,673
Short-Term Debt Repaid	-	-	-	-	-73,868
Long-Term Debt Repaid	-63,200	-178,152	-137,645	-122,910	-205,619
Total Debt Repaid	-63,200	-178,152	-137,645	-122,910	-279,487
Net Debt Issued (Repaid)	-63,200	-79,012	9,298	1,670	-215,814
Repurchase of Common Stock	-	-1,262	-50,021	-342	-586
Common Dividends Paid	-44,600	-44,567	-45,982	-52,162	-31,045
Other Financing Activities	-6,300	-7,108	-21,316	-27,372	-4,814
Financing Cash Flow	-114,100	-131,949	-108,021	-78,206	-252,259
Foreign Exchange Rate Adjustments	4,700	4,643	11,610	20,257	9,039
Miscellaneous Cash Flow Adjustments	-	1	1	-	-
Net Cash Flow	-13,300	-38,073	-63,654	13,885	-40,294
Free Cash Flow	23,200	42,456	-985	-6,775	116,141
Free Cash Flow Growth	-45.36%	-	-	-	242.37%
Free Cash Flow Margin	1.13%	2.05%	-0.05%	-0.33%	6.84%
Free Cash Flow Per Share	109.36	200.32	-4.55	-30.57	522.46
Cash Interest Paid	-	16,893	17,726	8,540	6,569
Cash Income Tax Paid	-	34,177	70,575	82,512	34,913
Levered Free Cash Flow	-	-2,404	-20,361	-59,150	89,197
Unlevered Free Cash Flow	-	7,983	-9,209	-53,500	93,212
Change in Working Capital	22,000	59,198	-18,356	-69,403	-52,347

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