Airport Facilities 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	5,363	3,496	3,163	2,178	1,694
Depreciation & Amortization	4,462	4,744	4,819	4,822	4,135
Loss (Gain) From Sale of Assets	1,797	1,257	9	276	1,730
Loss (Gain) From Sale of Investments	-318	-399	-170	3	-456
Other Operating Activities	-1,936	-1,032	368	-1,335	-340
Change in Accounts Receivable	-9	18	555	-641	71
Change in Inventory	291	-5,606	-7,958	-2,990	-
Change in Accounts Payable	668	238	-124	84	331
Change in Other Net Operating Assets	-375	2,523	122	-380	1,302
Operating Cash Flow	9,943	5,239	784	2,017	8,467
Operating Cash Flow Growth	89.79%	568.24%	-61.13%	-76.18%	77.95%
Capital Expenditures	-2,981	-3,889	-2,169	-2,181	-957
Sale of Property, Plant & Equipment	612	-	-	5,517	-
Investment in Securities	271	181	-1,818	-2,176	497
Other Investing Activities	213	289	156	38	11
Investing Cash Flow	-1,885	-3,419	-3,831	1,198	-449
Short-Term Debt Issued	14,500	-	9,000	2,200	1,100
Long-Term Debt Issued	5,889	-	9,900	509	1,074
Total Debt Issued	20,389	-	18,900	2,709	2,174
Short-Term Debt Repaid	-14,500	-	-9,078	-2,200	-1,100
Long-Term Debt Repaid	-5,414	-5,246	-4,111	-4,367	-5,419
Total Debt Repaid	-19,914	-5,246	-13,189	-6,567	-6,519
Net Debt Issued (Repaid)	475	-5,246	5,711	-3,858	-4,345
Repurchase of Common Stock	-1,000	-	-	-	-
Common Dividends Paid	-1,508	-954	-701	-700	-698
Other Financing Activities	14	544	91	98	-74
Financing Cash Flow	-2,019	-5,656	5,101	-4,460	-5,117
Foreign Exchange Rate Adjustments	37	146	82	230	128
Miscellaneous Cash Flow Adjustments	-1	1	114	1	-
Net Cash Flow	6,075	-3,689	2,250	-1,014	3,029
Free Cash Flow	6,962	1,350	-1,385	-164	7,510
Free Cash Flow Growth	415.70%	-	-	-	258.13%
Free Cash Flow Margin	18.92%	4.34%	-5.34%	-0.64%	31.59%
Free Cash Flow Per Share	139.22	26.84	-27.59	-3.27	149.91
Cash Interest Paid	306	319	294	291	315
Cash Income Tax Paid	2,206	1,027	-376	1,331	336
Levered Free Cash Flow	6,295	19.5	-956.13	-2,406	7,416
Unlevered Free Cash Flow	6,487	215.75	-778.63	-2,227	7,609
Change in Working Capital	575	-2,827	-7,405	-3,927	1,704

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