Nippon Building Fund Inc. (TYO:8951)

Nippon Building Fund Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	46,012	42,858	38,850	45,730	43,156
Depreciation & Amortization	15,798	15,910	15,864	15,667	14,847
Other Amortization	14	31	20	20	19
Gain (Loss) on Sale of Assets	1	-	1	2	1
Change in Accounts Receivable	-18	-3	48	-5	-18
Change in Accounts Payable	651	1,046	2,508	471	-952
Change in Other Net Operating Assets	42,515	49,310	21,482	6,883	35,759
Other Operating Activities	4,226	-512	5,131	14,314	58,563
Operating Cash Flow	109,178	108,596	83,838	82,846	151,456
Operating Cash Flow Growth	0.54%	29.53%	1.20%	-45.30%	182.53%
Acquisition of Real Estate Assets	-53,716	-54,124	-57,515	-108,138	-327,734
Net Sale / Acq. of Real Estate Assets	-53,716	-54,124	-57,515	-108,138	-327,734
Other Investing Activities	-711	194	623	-87	15,041
Investing Cash Flow	-54,427	-53,930	-56,892	-108,225	-312,693
Long-Term Debt Issued	-	39,400	-	-	-
Total Debt Issued	38,400	39,400	69,000	44,000	128,000
Long-Term Debt Repaid	-	-47,000	-	-	-
Total Debt Repaid	-44,600	-47,000	-54,000	-17,000	-37,000
Net Debt Issued (Repaid)	-6,200	-7,600	15,000	27,000	91,000
Issuance of Common Stock	-	-	-	30,951	-
Common Dividends Paid	-19,559	-39,120	-19,561	-19,577	-18,173
Common & Preferred Dividends Paid	-22,249	-	-19,561	-22,919	-19,308
Total Dividends Paid	-41,808	-39,120	-39,122	-42,496	-37,481
Other Financing Activities	-	-	-	-	-33
Miscellaneous Cash Flow Adjustments	-1	1	3	-	-
Net Cash Flow	6,742	7,947	2,827	-9,924	-107,751
Cash Interest Paid	2,584	2,419	2,480	2,570	2,458
Cash Income Tax Paid	1	-	-	-	-
Levered Free Cash Flow	-	43,351	-	-	-
Unlevered Free Cash Flow	-	44,870	-	-	-
Change in Net Working Capital	709	-576	-736	1,051	-109

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