Copa Corporation Cash Flow Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Net Income	-271	-437	-1,281	-116	145.09
Depreciation & Amortization	-	51	32	14	17.45
Loss (Gain) From Sale of Assets	-	159	-	-	-
Other Operating Activities	-	-3	19	100	-369.82
Change in Accounts Receivable	65	-25	12	198	149.45
Change in Inventory	-51	-47	1,021	215	-416.73
Change in Accounts Payable	-44	72	-126	95	-196.36
Change in Other Net Operating Assets	11	21	-75	30	-62.18
Operating Cash Flow	-290	-209	-398	536	-733.09
Capital Expenditures	-1	-	-4	-3	-3.27
Sale of Property, Plant & Equipment	-	-	-	1	-
Sale (Purchase) of Intangibles	-	-18	-112	-74	-5.45
Other Investing Activities	-	3	2	-	-
Investing Cash Flow	-1	-15	-114	-76	-8.73
Short-Term Debt Issued	-	-	547	300	-
Long-Term Debt Issued	200	-	-	-	-
Total Debt Issued	200	-	547	300	229.09
Short-Term Debt Repaid	-	-	-797	-208	-
Long-Term Debt Repaid	-8	-	-	-	-
Total Debt Repaid	-8	-	-797	-208	-57.82
Net Debt Issued (Repaid)	192	-	-250	92	171.27
Financing Cash Flow	192	-	-250	92	171.27
Miscellaneous Cash Flow Adjustments	-	-	-1	-	-
Net Cash Flow	-99	-224	-763	552	-570.55
Free Cash Flow	-291	-209	-402	533	-736.36
Free Cash Flow Margin	-16.36%	-10.18%	-18.23%	20.72%	-17.24%
Free Cash Flow Per Share	-98.22	-70.54	-135.68	179.89	-248.55
Cash Interest Paid	1	-	1	1	2.18
Cash Income Tax Paid	-	-	-18	-99	366.55
Levered Free Cash Flow	-195	-125.25	526.13	517.88	-
Unlevered Free Cash Flow	-194.38	-125.25	526.13	517.88	-
Change in Working Capital	-19	21	832	538	-525.82