Airport Facilities 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	3,496	3,163	2,178	1,694	-642
Depreciation & Amortization	4,744	4,819	4,822	4,135	4,263
Loss (Gain) From Sale of Assets	1,257	9	276	1,730	3,167
Loss (Gain) From Sale of Investments	-399	-170	3	-456	-
Other Operating Activities	-1,032	368	-1,335	-340	-668
Change in Accounts Receivable	18	555	-641	71	908
Change in Inventory	-5,606	-7,958	-2,990	-	-4
Change in Accounts Payable	238	-124	84	331	-314
Change in Other Net Operating Assets	2,523	122	-380	1,302	-1,952
Operating Cash Flow	5,239	784	2,017	8,467	4,758
Operating Cash Flow Growth	568.24%	-61.13%	-76.18%	77.95%	-31.04%
Capital Expenditures	-3,889	-2,169	-2,181	-957	-2,661
Sale of Property, Plant & Equipment	-	-	5,517	-	-
Investment in Securities	181	-1,818	-2,176	497	-14
Other Investing Activities	289	156	38	11	-29
Investing Cash Flow	-3,419	-3,831	1,198	-449	-2,704
Short-Term Debt Issued	-	9,000	2,200	1,100	1,500
Long-Term Debt Issued	-	9,900	509	1,074	4,532
Total Debt Issued	-	18,900	2,709	2,174	6,032
Short-Term Debt Repaid	-	-9,078	-2,200	-1,100	-2,206
Long-Term Debt Repaid	-5,246	-4,111	-4,367	-5,419	-4,873
Total Debt Repaid	-5,246	-13,189	-6,567	-6,519	-7,079
Net Debt Issued (Repaid)	-5,246	5,711	-3,858	-4,345	-1,047
Common Dividends Paid	-954	-701	-700	-698	-698
Other Financing Activities	544	91	98	-74	-162
Financing Cash Flow	-5,656	5,101	-4,460	-5,117	-1,907
Foreign Exchange Rate Adjustments	146	82	230	128	-81
Miscellaneous Cash Flow Adjustments	1	114	1	-	-2
Net Cash Flow	-3,689	2,250	-1,014	3,029	64
Free Cash Flow	1,350	-1,385	-164	7,510	2,097
Free Cash Flow Growth	-	-	-	258.13%	-
Free Cash Flow Margin	4.34%	-5.34%	-0.64%	31.59%	8.68%
Free Cash Flow Per Share	26.84	-27.59	-3.27	149.91	42.03
Cash Interest Paid	319	294	291	315	363
Cash Income Tax Paid	1,027	-376	1,331	336	911
Levered Free Cash Flow	19.5	-956.13	-2,406	7,416	2,822
Unlevered Free Cash Flow	215.75	-778.63	-2,227	7,609	3,046
Change in Working Capital	-2,827	-7,405	-3,927	1,704	-1,362

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