Japan Hospice Holdings 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	554	1,007	1,028	784	417
Depreciation & Amortization	583	531	411	335	227
Other Operating Activities	-157	-346	-182	-225	-55
Change in Accounts Receivable	-337	-341	-244	-335	-186
Change in Accounts Payable	422	152	151	70	60
Change in Other Net Operating Assets	-19	-168	-34	244	4
Operating Cash Flow	1,046	835	1,130	873	467
Operating Cash Flow Growth	25.27%	-26.11%	29.44%	86.94%	97.88%
Capital Expenditures	-2,368	-3,083	-1,982	-523	-1,907
Sale of Property, Plant & Equipment	2,035	380	1,110	703	-
Cash Acquisitions	-	-	-	-20	-
Sale (Purchase) of Intangibles	-44	-19	-13	-10	-5
Other Investing Activities	-134	-69	-126	-102	-70
Investing Cash Flow	-511	-2,791	-1,011	48	-1,982
Short-Term Debt Issued	1,559	2,472	-	-	223
Long-Term Debt Issued	1,000	1,000	950	881	1,618
Total Debt Issued	2,559	3,472	950	881	1,841
Short-Term Debt Repaid	-2,061	-1,470	-	-350	-
Long-Term Debt Repaid	-306	-333	-531	-891	-227
Total Debt Repaid	-2,367	-1,803	-531	-1,241	-227
Net Debt Issued (Repaid)	192	1,669	419	-360	1,614
Issuance of Common Stock	81	99	11	21	36
Common Dividends Paid	-123	-	-	-	-
Other Financing Activities	-197	-170	-174	-109	-60
Financing Cash Flow	-47	1,598	256	-448	1,590
Miscellaneous Cash Flow Adjustments	-1	1	-1	-	-
Net Cash Flow	487	-357	374	473	75
Free Cash Flow	-1,322	-2,248	-852	350	-1,440
Free Cash Flow Margin	-9.33%	-18.56%	-8.63%	4.43%	-23.92%
Free Cash Flow Per Share	-156.39	-267.81	-105.29	43.31	-179.04
Cash Interest Paid	465	409	316	255	206
Cash Income Tax Paid	371	451	303	255	56
Levered Free Cash Flow	-1,520	-2,478	-1,041	98.75	-1,404
Unlevered Free Cash Flow	-1,231	-2,209	-822.13	275	-1,276
Change in Working Capital	66	-357	-127	-21	-122