Fukuoka REIT Corporation (TYO:8968)

Fukuoka REIT Cash Flow Statement

Financials in millions JPY. Fiscal year is September - August.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Net Income	8,022	6,255	5,839	5,622	5,495
Depreciation & Amortization	3,289	3,221	3,031	3,001	3,176
Other Amortization	1	1.66	3.98	3.27	8.04
Gain (Loss) on Sale of Assets	-1,865	-432.7	-547.76	-	-104.25
Change in Accounts Receivable	-310	-283.99	-2.75	-195.36	450.91
Change in Accounts Payable	37	417.36	90.39	43.82	44.81
Change in Other Net Operating Assets	-399	-513.14	196.56	-613.87	1,030
Other Operating Activities	118	11.85	16.56	-1.84	-2.23
Operating Cash Flow	8,893	8,678	8,627	7,859	10,099
Operating Cash Flow Growth	2.48%	0.58%	9.78%	-22.18%	35.80%
Acquisition of Real Estate Assets	-16,477	-16,245	-5,156	-6,439	-9,607
Sale of Real Estate Assets	2,310	815.52	1,904	-	7,608
Net Sale / Acq. of Real Estate Assets	-14,167	-15,429	-3,252	-6,439	-1,998
Other Investing Activities	1,453	912.95	-302.24	282.35	-270.31
Investing Cash Flow	-12,716	-14,517	-3,554	-6,157	-2,269
Short-Term Debt Issued	-	-	3,000	4,000	-
Long-Term Debt Issued	-	-	8,450	7,500	6,300
Total Debt Issued	2,000	38,300	11,450	11,500	6,300
Short-Term Debt Repaid	-	-	-3,000	-4,000	-
Long-Term Debt Repaid	-	-	-5,900	-6,000	-6,300
Total Debt Repaid	-2,000	-28,400	-8,900	-10,000	-6,300
Net Debt Issued (Repaid)	-	9,900	2,550	1,500	-
Common Dividends Paid	-3,063	-2,987	-5,652	-5,631	-5,261
Common & Preferred Dividends Paid	-3,571	-3,029	-	-	-
Total Dividends Paid	-6,634	-6,016	-5,652	-5,631	-5,261
Other Financing Activities	9,813	-0	-	-	-
Miscellaneous Cash Flow Adjustments	-	-1	-0	0	0
Net Cash Flow	-644	-1,957	1,971	-2,429	2,569
Cash Interest Paid	712	637.15	555.86	549.72	568.6
Cash Income Tax Paid	3	3.87	2.06	2.62	2.82
Levered Free Cash Flow	-	-	6,840	5,680	8,800
Unlevered Free Cash Flow	-	-	7,188	6,023	9,155
Change in Working Capital	-672	-379.76	284.21	-765.41	1,526

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