CTI Engineering Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	9,489	10,140	8,252	6,879	5,244
Depreciation & Amortization	1,947	1,706	1,510	1,358	1,295
Loss (Gain) From Sale of Assets	61	12	22	27	22
Loss (Gain) From Sale of Investments	-46	-13	-40	212	-
Other Operating Activities	-2,359	-4,543	-3,128	-2,322	-1,550
Change in Accounts Receivable	-4,822	-7,027	-2,313	-2,226	1,142
Change in Inventory	10	58	113	63	237
Change in Accounts Payable	-156	1,122	-190	-427	437
Change in Other Net Operating Assets	-1,714	-581	-422	1,780	1,860
Operating Cash Flow	2,410	874	3,804	5,344	8,687
Operating Cash Flow Growth	175.74%	-77.02%	-28.82%	-38.48%	81.05%
Capital Expenditures	-850	-843	-560	-360	-433
Sale of Property, Plant & Equipment	2	143	24	-	13
Cash Acquisitions	-4,167	-	-	-	-
Divestitures	67	-	-	-	-
Sale (Purchase) of Intangibles	-102	-127	-100	-201	-204
Investment in Securities	-232	56	43	-10	-15
Other Investing Activities	-196	-46	-69	-134	-184
Investing Cash Flow	-5,658	-912	-752	-671	-779
Short-Term Debt Issued	800	-	60	150	-
Long-Term Debt Issued	-	-	40	-	-
Total Debt Issued	800	-	100	150	-
Short-Term Debt Repaid	-	-	-	-	-250
Long-Term Debt Repaid	-40	-40	-40	-	-
Total Debt Repaid	-40	-40	-40	-	-250
Net Debt Issued (Repaid)	760	-40	60	150	-250
Repurchase of Common Stock	-2	-1,025	-	-	-
Common Dividends Paid	-2,072	-1,408	-844	-634	-494
Other Financing Activities	-797	-818	-507	-644	-441
Financing Cash Flow	-2,111	-3,291	-1,291	-1,128	-1,185
Foreign Exchange Rate Adjustments	374	395	184	297	89
Miscellaneous Cash Flow Adjustments	1	-	116	-	-2
Net Cash Flow	-4,984	-2,934	2,061	3,842	6,810
Free Cash Flow	1,560	31	3,244	4,984	8,254
Free Cash Flow Growth	4932.26%	-99.04%	-34.91%	-39.62%	95.04%
Free Cash Flow Margin	1.60%	0.03%	3.89%	6.70%	12.66%
Free Cash Flow Per Share	56.22	1.11	114.71	176.24	291.87
Cash Interest Paid	72	55	54	50	51
Cash Income Tax Paid	2,357	4,547	3,133	2,330	1,559
Levered Free Cash Flow	-29.88	-1,081	-1,498	4,546	7,564
Unlevered Free Cash Flow	15.13	-1,048	-1,464	4,577	7,596
Change in Working Capital	-6,682	-6,428	-2,812	-810	3,676

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