Asia Air Survey Cash Flow Statement

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

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	2,416	2,911	2,991	2,775	2,650	2,551
Depreciation & Amortization	1,949	1,800	1,673	1,621	1,374	1,207
Loss (Gain) From Sale of Assets	17	18	3	25	6	28
Loss (Gain) From Sale of Investments	135	71	43	168	88	-16
Other Operating Activities	-968	-1,068	-822	-1,280	-534	-996
Change in Accounts Receivable	-65	-2,821	-3,300	1,337	-3,417	753
Change in Inventory	161	589	356	-58	-17	-9
Change in Accounts Payable	-196	339	462	-259	403	-224
Change in Other Net Operating Assets	-1,001	-1,134	-812	584	325	-113
Operating Cash Flow	2,448	705	594	4,913	878	3,181
Operating Cash Flow Growth	-	18.69%	-87.91%	459.57%	-72.40%	27.55%
Capital Expenditures	-1,648	-1,486	-961	-1,150	-662	-639
Sale of Property, Plant & Equipment	-	3	-	212	-	-
Cash Acquisitions	-1,208	-1,171	-542	-50	-82	-85
Sale (Purchase) of Intangibles	-434	-516	-585	-738	-1,029	-442
Investment in Securities	-531	-72	-101	-110	95	-168
Other Investing Activities	23	25	26	22	35	35
Investing Cash Flow	-3,798	-3,217	-2,178	-1,864	-1,643	-1,299
Short-Term Debt Issued	-	1,900	1,270	-	-	-
Long-Term Debt Issued	-	-	-	12	86	113
Total Debt Issued	3,820	1,900	1,270	12	86	113
Long-Term Debt Repaid	-	-51	-51	-214	-45	-19
Total Debt Repaid	-118	-51	-51	-214	-45	-19
Net Debt Issued (Repaid)	3,702	1,849	1,219	-202	41	94
Common Dividends Paid	-803	-949	-690	-507	-453	-432
Other Financing Activities	10	-443	-427	229	-382	-40
Financing Cash Flow	2,909	457	102	-480	-794	-378
Foreign Exchange Rate Adjustments	6	3	37	1	12	3
Miscellaneous Cash Flow Adjustments	1	1	49	-2	1	-
Net Cash Flow	1,566	-2,051	-1,396	2,568	-1,546	1,507
Free Cash Flow	800	-781	-367	3,763	216	2,542
Free Cash Flow Growth	-	-	-	1642.13%	-91.50%	42.09%
Free Cash Flow Margin	1.97%	-1.88%	-0.91%	10.09%	0.64%	7.82%
Free Cash Flow Per Share	43.96	-42.92	-20.21	208.02	11.94	140.79
Cash Interest Paid	123	91	53	50	40	42
Cash Income Tax Paid	1,009	1,093	838	1,294	548	1,007
Levered Free Cash Flow	455.88	-1,291	-1,173	2,747	-489.75	1,721
Unlevered Free Cash Flow	544	-1,233	-1,140	2,779	-464.75	1,748
Change in Working Capital	-1,101	-3,027	-3,294	1,604	-2,706	407

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