Shin-Etsu Polymer Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	13,207	11,778	11,373	9,413	6,402
Depreciation & Amortization	5,789	4,663	4,141	3,790	3,511
Loss (Gain) From Sale of Assets	183	51	1,761	794	633
Loss (Gain) From Sale of Investments	-158	-96	-	31	274
Other Operating Activities	-2,287	-3,886	-3,234	-2,100	-1,352
Change in Accounts Receivable	-441	3,093	-1,649	-786	-317
Change in Inventory	-671	-215	-3,967	-2,950	650
Change in Accounts Payable	-1,025	-2,466	1,137	1,682	314
Change in Other Net Operating Assets	1,416	-949	-438	-115	526
Operating Cash Flow	16,013	11,973	9,124	9,759	10,641
Operating Cash Flow Growth	33.74%	31.23%	-6.51%	-8.29%	38.41%
Capital Expenditures	-10,679	-14,573	-10,401	-4,163	-2,785
Sale of Property, Plant & Equipment	78	493	-	-	-
Cash Acquisitions	-	-	-	-3,897	-
Sale (Purchase) of Intangibles	-280	-362	-536	-409	-
Investment in Securities	-265	1,391	-32	-1,010	-780
Other Investing Activities	167	737	-231	-185	-171
Investing Cash Flow	-10,979	-12,314	-11,200	-9,664	-3,736
Issuance of Common Stock	235	434	328	262	-
Repurchase of Common Stock	-810	-827	-	-617	-
Common Dividends Paid	-3,951	-3,398	-2,577	-1,860	-1,536
Other Financing Activities	-378	-357	-249	-149	-155
Financing Cash Flow	-4,904	-4,148	-2,498	-2,364	-1,691
Foreign Exchange Rate Adjustments	1,934	1,318	2,569	2,104	-940
Miscellaneous Cash Flow Adjustments	-1	1	-	64	-2
Net Cash Flow	2,063	-3,170	-2,005	-101	4,272
Free Cash Flow	5,334	-2,600	-1,277	5,596	7,856
Free Cash Flow Growth	-	-	-	-28.77%	187.56%
Free Cash Flow Margin	4.82%	-2.49%	-1.18%	6.04%	10.21%
Free Cash Flow Per Share	65.82	-31.96	-15.74	69.10	96.93
Cash Interest Paid	35	33	35	25	27
Cash Income Tax Paid	2,286	3,878	3,233	2,102	1,353
Levered Free Cash Flow	545.13	-5,091	-6,043	3,733	6,675
Unlevered Free Cash Flow	567	-5,071	-6,021	3,748	6,692
Change in Working Capital	-721	-537	-4,917	-2,169	1,173

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