RESOL HOLDINGS Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	3,130	2,311	1,608	958	1,130
Depreciation & Amortization	1,292	1,232	1,110	1,013	997
Loss (Gain) From Sale of Assets	-20	617	349	91	48
Loss (Gain) From Sale of Investments	30	-	-	-	-
Other Operating Activities	-127	-56	-166	-339	-561
Change in Accounts Receivable	-139	-133	-328	-327	-63
Change in Inventory	-158	-102	71	2,051	1,198
Change in Accounts Payable	19	38	46	56	17
Change in Other Net Operating Assets	737	236	920	-2,084	-477
Operating Cash Flow	4,764	4,143	3,610	1,419	2,289
Operating Cash Flow Growth	14.99%	14.77%	154.41%	-38.01%	-62.40%
Capital Expenditures	-2,028	-2,006	-1,026	-1,101	-607
Sale of Property, Plant & Equipment	98	64	2	22	-
Cash Acquisitions	-	-	-58	3,887	-910
Divestitures	464	-	-	-	-
Sale (Purchase) of Intangibles	-33	-81	-205	-73	-43
Investment in Securities	-	-	-	-3	-3
Other Investing Activities	-140	12	7	-1,472	-148
Investing Cash Flow	-1,639	-2,011	-1,280	1,260	-1,711
Short-Term Debt Issued	670	-	-	-	3,000
Long-Term Debt Issued	1,800	4,600	3,180	6,926	330
Total Debt Issued	2,470	4,600	3,180	6,926	3,330
Short-Term Debt Repaid	-	-1,201	-1,484	-1,100	-
Long-Term Debt Repaid	-4,239	-3,291	-3,894	-5,323	-4,710
Total Debt Repaid	-4,239	-4,492	-5,378	-6,423	-4,710
Net Debt Issued (Repaid)	-1,769	108	-2,198	503	-1,380
Repurchase of Common Stock	-	-	-1	-	-
Common Dividends Paid	-554	-443	-277	-277	-277
Other Financing Activities	-934	-1,287	-1,487	-1,134	219
Financing Cash Flow	-3,257	-1,622	-3,963	-908	-1,438
Miscellaneous Cash Flow Adjustments	1	-1	-	-	2
Net Cash Flow	-131	509	-1,633	1,771	-858
Free Cash Flow	2,736	2,137	2,584	318	1,682
Free Cash Flow Growth	28.03%	-17.30%	712.58%	-81.09%	-54.42%
Free Cash Flow Margin	9.00%	7.52%	10.05%	1.44%	8.05%
Free Cash Flow Per Share	492.37	384.70	465.17	57.25	302.85
Cash Interest Paid	209	176	162	160	179
Cash Income Tax Paid	161	134	200	451	524
Levered Free Cash Flow	2,236	718.5	2,127	990.5	3,415
Unlevered Free Cash Flow	2,367	832.25	2,230	1,091	3,526
Change in Working Capital	459	39	709	-304	675

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