CTI Engineering Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	9,000	9,489	10,140	8,252	6,879
Depreciation & Amortization	2,368	1,947	1,706	1,510	1,358
Loss (Gain) From Sale of Assets	464	61	12	22	27
Loss (Gain) From Sale of Investments	-346	-46	-13	-40	212
Other Operating Activities	-2,331	-2,359	-4,543	-3,128	-2,322
Change in Accounts Receivable	-3,631	-4,822	-7,027	-2,313	-2,226
Change in Inventory	-57	10	58	113	63
Change in Accounts Payable	182	-156	1,122	-190	-427
Change in Other Net Operating Assets	119	-1,714	-581	-422	1,780
Operating Cash Flow	5,768	2,410	874	3,804	5,344
Operating Cash Flow Growth	139.34%	175.74%	-77.02%	-28.82%	-38.48%
Capital Expenditures	-1,164	-850	-843	-560	-360
Sale of Property, Plant & Equipment	-	2	143	24	-
Cash Acquisitions	-	-4,167	-	-	-
Divestitures	-	67	-	-	-
Sale (Purchase) of Intangibles	-134	-102	-127	-100	-201
Investment in Securities	873	-232	56	43	-10
Other Investing Activities	45	-196	-46	-69	-134
Investing Cash Flow	-612	-5,658	-912	-752	-671
Short-Term Debt Issued	-	800	-	60	150
Long-Term Debt Issued	-	-	-	40	-
Total Debt Issued	-	800	-	100	150
Short-Term Debt Repaid	-610	-	-	-	-
Long-Term Debt Repaid	-40	-40	-40	-40	-
Total Debt Repaid	-650	-40	-40	-40	-
Net Debt Issued (Repaid)	-650	760	-40	60	150
Repurchase of Common Stock	-1,539	-2	-1,025	-	-
Common Dividends Paid	-2,083	-2,072	-1,408	-844	-634
Other Financing Activities	-820	-797	-818	-507	-644
Financing Cash Flow	-5,092	-2,111	-3,291	-1,291	-1,128
Foreign Exchange Rate Adjustments	359	374	395	184	297
Miscellaneous Cash Flow Adjustments	-	1	-	116	-
Net Cash Flow	423	-4,984	-2,934	2,061	3,842
Free Cash Flow	4,604	1,560	31	3,244	4,984
Free Cash Flow Growth	195.13%	4932.26%	-99.04%	-34.91%	-39.62%
Free Cash Flow Margin	4.56%	1.60%	0.03%	3.89%	6.70%
Free Cash Flow Per Share	165.88	56.22	1.11	114.71	176.24
Cash Interest Paid	103	72	55	54	50
Cash Income Tax Paid	2,330	2,357	4,547	3,133	2,330
Levered Free Cash Flow	2,431	-29.88	-1,081	-1,498	4,546
Unlevered Free Cash Flow	2,496	15.13	-1,048	-1,464	4,577
Change in Working Capital	-3,387	-6,682	-6,428	-2,812	-810

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