Serendip 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	5,208	2,833	595	531	252
Depreciation & Amortization	2,163	1,279	1,271	1,072	940
Loss (Gain) From Sale of Assets	396	286	7	2	648
Loss (Gain) From Sale of Investments	-	-	-	-29	-103
Loss (Gain) on Equity Investments	-	-1	-8	-3	-
Other Operating Activities	-1,118	-215	-349	111	401
Change in Accounts Receivable	56	-191	312	-626	70
Change in Inventory	-363	-237	44	-369	-42
Change in Accounts Payable	295	-846	472	476	60
Change in Other Net Operating Assets	-2,111	-2,616	237	-118	-1,449
Operating Cash Flow	4,526	292	2,581	1,047	777
Operating Cash Flow Growth	1450.00%	-88.69%	146.51%	34.75%	-
Capital Expenditures	-3,687	-2,395	-1,344	-817	-1,250
Sale of Property, Plant & Equipment	10	9	-	57	44
Cash Acquisitions	700	-2,024	-437	-300	-
Sale (Purchase) of Intangibles	-22	-15	-22	-43	-32
Investment in Securities	-97	-	-1	472	115
Other Investing Activities	20	-11	-24	239	-49
Investing Cash Flow	-3,074	-4,037	-2,528	-392	-1,172
Short-Term Debt Issued	3,100	1,300	800	-	-
Long-Term Debt Issued	8,800	6,351	952	390	1,127
Total Debt Issued	11,900	7,651	1,752	390	1,127
Short-Term Debt Repaid	-	-	-	-327	-557
Long-Term Debt Repaid	-7,930	-1,713	-832	-682	-779
Total Debt Repaid	-7,930	-1,713	-832	-1,009	-1,336
Net Debt Issued (Repaid)	3,970	5,938	920	-619	-209
Issuance of Common Stock	200	-	22	-	1,038
Repurchase of Common Stock	-200	-	-	-96	-
Other Financing Activities	449	68	-54	-152	-59
Financing Cash Flow	4,419	6,006	888	-867	770
Foreign Exchange Rate Adjustments	788	286	-	-	-
Miscellaneous Cash Flow Adjustments	-	1	-	1	-
Net Cash Flow	6,659	2,548	941	-211	375
Free Cash Flow	839	-2,103	1,237	230	-473
Free Cash Flow Growth	-	-	437.83%	-	-
Free Cash Flow Margin	1.64%	-8.37%	6.25%	1.51%	-3.43%
Free Cash Flow Per Share	44.98	-116.42	68.72	12.73	-28.00
Cash Interest Paid	300	119	55	88	102
Cash Income Tax Paid	1,437	217	368	18	243
Levered Free Cash Flow	160.13	-1,694	778.38	228.63	-1,255
Unlevered Free Cash Flow	355.75	-1,621	812.75	281.75	-1,192
Change in Working Capital	-2,123	-3,890	1,065	-637	-1,361

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