Max Co Ltd
TSE:6454
Cash Flow Statement
Cash Flow Statement
Max Co Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
4 827
|
4 525
|
4 624
|
5 013
|
5 702
|
5 375
|
5 497
|
5 493
|
5 192
|
5 710
|
5 555
|
5 577
|
6 307
|
6 349
|
6 489
|
6 583
|
6 031
|
6 072
|
6 499
|
6 773
|
7 140
|
7 124
|
7 317
|
7 388
|
7 511
|
7 432
|
6 963
|
6 467
|
6 125
|
7 032
|
7 322
|
7 823
|
8 210
|
8 249
|
9 495
|
10 148
|
10 505
|
10 300
|
11 436
|
12 095
|
12 606
|
|
Depreciation & Amortization |
1 891
|
1 949
|
1 972
|
2 005
|
2 029
|
2 081
|
2 114
|
2 129
|
2 157
|
2 147
|
2 187
|
2 213
|
2 195
|
2 169
|
2 195
|
2 227
|
2 259
|
2 299
|
2 318
|
2 321
|
2 320
|
2 393
|
2 362
|
2 403
|
2 489
|
2 466
|
2 447
|
2 483
|
2 481
|
2 522
|
2 534
|
2 624
|
2 746
|
2 811
|
2 900
|
2 925
|
2 938
|
3 022
|
3 050
|
3 078
|
3 067
|
|
Other Non-Cash Items |
717
|
(2)
|
41
|
(17)
|
(625)
|
385
|
284
|
218
|
125
|
(260)
|
(19)
|
88
|
(50)
|
237
|
(170)
|
(82)
|
(59)
|
(137)
|
(128)
|
(97)
|
(53)
|
23
|
(61)
|
(82)
|
169
|
(210)
|
(141)
|
(125)
|
(344)
|
(439)
|
(356)
|
(137)
|
(561)
|
(418)
|
(883)
|
(1 101)
|
(123)
|
436
|
300
|
996
|
(342)
|
|
Cash Taxes Paid |
2 290
|
2 083
|
1 764
|
1 781
|
1 656
|
1 917
|
2 196
|
2 091
|
2 178
|
2 249
|
1 536
|
1 573
|
1 236
|
1 329
|
1 889
|
2 177
|
2 553
|
2 057
|
1 950
|
1 818
|
1 906
|
1 901
|
2 023
|
1 975
|
1 930
|
2 093
|
1 403
|
1 912
|
1 944
|
1 886
|
2 134
|
1 816
|
1 483
|
1 703
|
2 845
|
2 871
|
3 171
|
2 915
|
3 427
|
3 773
|
4 248
|
|
Cash Interest Paid |
36
|
39
|
39
|
39
|
39
|
39
|
38
|
39
|
40
|
40
|
40
|
37
|
39
|
45
|
45
|
47
|
45
|
39
|
39
|
39
|
30
|
33
|
38
|
39
|
39
|
39
|
38
|
42
|
44
|
44
|
50
|
52
|
62
|
62
|
55
|
50
|
44
|
40
|
37
|
34
|
36
|
|
Change in Working Capital |
(3 169)
|
(1 671)
|
204
|
301
|
511
|
(597)
|
(2 296)
|
(2 380)
|
(2 338)
|
(2 128)
|
(919)
|
(268)
|
(437)
|
(244)
|
(1 704)
|
(1 421)
|
(1 003)
|
(1 376)
|
(483)
|
(555)
|
(1 522)
|
(1 727)
|
(1 876)
|
(2 598)
|
(2 163)
|
(1 359)
|
(316)
|
(83)
|
1 186
|
(306)
|
(1 827)
|
(3 183)
|
(4 295)
|
(5 014)
|
(5 755)
|
(6 501)
|
(6 587)
|
(5 510)
|
(6 166)
|
(3 529)
|
(3 459)
|
|
Cash from Operating Activities |
4 266
N/A
|
4 801
+13%
|
6 841
+42%
|
7 302
+7%
|
7 617
+4%
|
7 244
-5%
|
5 599
-23%
|
5 460
-2%
|
5 136
-6%
|
5 469
+6%
|
6 804
+24%
|
7 610
+12%
|
8 015
+5%
|
8 511
+6%
|
6 810
-20%
|
7 307
+7%
|
7 228
-1%
|
6 858
-5%
|
8 206
+20%
|
8 442
+3%
|
7 885
-7%
|
7 813
-1%
|
7 839
+0%
|
7 175
-8%
|
8 038
+12%
|
8 329
+4%
|
8 953
+7%
|
8 742
-2%
|
9 448
+8%
|
8 809
-7%
|
7 673
-13%
|
7 127
-7%
|
6 100
-14%
|
5 628
-8%
|
5 757
+2%
|
5 471
-5%
|
6 733
+23%
|
8 248
+23%
|
8 620
+5%
|
12 640
+47%
|
11 872
-6%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(1 891)
|
(1 532)
|
(1 174)
|
(1 428)
|
(1 296)
|
(1 452)
|
(1 537)
|
(1 838)
|
(1 996)
|
(2 032)
|
(2 235)
|
(1 962)
|
(2 107)
|
(2 098)
|
(2 157)
|
(2 532)
|
(2 517)
|
(2 656)
|
(2 914)
|
(2 948)
|
(3 091)
|
(3 232)
|
(3 347)
|
(3 014)
|
(2 896)
|
(2 968)
|
(3 309)
|
(3 831)
|
(5 294)
|
(5 229)
|
(5 781)
|
(5 361)
|
(4 373)
|
(4 387)
|
(2 909)
|
(3 062)
|
(3 341)
|
(3 605)
|
(3 795)
|
(3 576)
|
(3 118)
|
|
Other Items |
(3 268)
|
(4 558)
|
(5 716)
|
(3 143)
|
(1 477)
|
177
|
1 361
|
1 295
|
1 011
|
1 462
|
1 067
|
1 963
|
890
|
282
|
(337)
|
(502)
|
(879)
|
(275)
|
(796)
|
(1 448)
|
(2 422)
|
(3 152)
|
(1 654)
|
(2 553)
|
(2 569)
|
(3 018)
|
(3 152)
|
(3 008)
|
(1 167)
|
(120)
|
(879)
|
(17)
|
1 172
|
1 945
|
3 941
|
4 468
|
3 852
|
2 520
|
1 960
|
505
|
(664)
|
|
Cash from Investing Activities |
(5 159)
N/A
|
(6 090)
-18%
|
(6 890)
-13%
|
(4 571)
+34%
|
(2 773)
+39%
|
(1 275)
+54%
|
(176)
+86%
|
(543)
-209%
|
(985)
-81%
|
(570)
+42%
|
(1 168)
-105%
|
1
N/A
|
(1 217)
N/A
|
(1 816)
-49%
|
(2 494)
-37%
|
(3 034)
-22%
|
(3 396)
-12%
|
(2 931)
+14%
|
(3 710)
-27%
|
(4 396)
-18%
|
(5 513)
-25%
|
(6 384)
-16%
|
(5 001)
+22%
|
(5 567)
-11%
|
(5 465)
+2%
|
(5 986)
-10%
|
(6 461)
-8%
|
(6 839)
-6%
|
(6 461)
+6%
|
(5 349)
+17%
|
(6 660)
-25%
|
(5 378)
+19%
|
(3 201)
+40%
|
(2 442)
+24%
|
1 032
N/A
|
1 406
+36%
|
511
-64%
|
(1 085)
N/A
|
(1 835)
-69%
|
(3 071)
-67%
|
(3 782)
-23%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
(1 327)
|
(1 327)
|
(11)
|
(12)
|
(7)
|
(9)
|
(10)
|
(11)
|
(15)
|
(13)
|
(13)
|
(10)
|
(8)
|
(8)
|
(10)
|
(11)
|
(8)
|
(7)
|
(3)
|
(1)
|
(1)
|
(532)
|
(532)
|
(532)
|
(533)
|
(1)
|
(1)
|
(1)
|
0
|
(1 976)
|
(1 976)
|
(2 720)
|
(2 720)
|
(744)
|
(744)
|
0
|
0
|
0
|
0
|
(1 335)
|
(2 432)
|
|
Net Issuance of Debt |
(795)
|
(758)
|
(213)
|
(215)
|
(218)
|
(227)
|
(230)
|
(234)
|
(236)
|
(231)
|
(226)
|
(222)
|
(219)
|
(217)
|
(218)
|
(216)
|
(198)
|
(201)
|
(202)
|
(204)
|
(224)
|
(223)
|
(226)
|
(226)
|
(246)
|
(257)
|
(262)
|
(270)
|
(255)
|
(258)
|
(257)
|
(256)
|
(262)
|
(238)
|
(244)
|
(245)
|
(246)
|
(307)
|
(307)
|
(316)
|
(416)
|
|
Cash Paid for Dividends |
(1 811)
|
(1 811)
|
(1 677)
|
(1 774)
|
(1 773)
|
(1 788)
|
(1 844)
|
(1 837)
|
(1 837)
|
(1 823)
|
(1 984)
|
(1 922)
|
(1 922)
|
(1 922)
|
(2 067)
|
(2 069)
|
(2 070)
|
(2 070)
|
(2 072)
|
(2 069)
|
(2 068)
|
(2 068)
|
(2 152)
|
(2 150)
|
(2 151)
|
(2 152)
|
(2 471)
|
(2 250)
|
(2 250)
|
(2 248)
|
(2 288)
|
(2 290)
|
(2 288)
|
(2 290)
|
(2 809)
|
(3 025)
|
(3 026)
|
(3 024)
|
(3 545)
|
(3 686)
|
(3 686)
|
|
Other |
(5)
|
(5)
|
(6)
|
(6)
|
(3)
|
(1)
|
(1)
|
1
|
(1)
|
(1)
|
(4)
|
(6)
|
(4)
|
(5)
|
(1)
|
(2)
|
(3)
|
(1)
|
(1)
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(1)
|
0
|
(2)
|
0
|
(2)
|
(2)
|
(1)
|
(4)
|
(3)
|
(2)
|
|
Cash from Financing Activities |
(3 938)
N/A
|
(3 901)
+1%
|
(1 907)
+51%
|
(2 007)
-5%
|
(2 001)
+0%
|
(2 025)
-1%
|
(2 085)
-3%
|
(2 081)
+0%
|
(2 089)
0%
|
(2 068)
+1%
|
(2 227)
-8%
|
(2 160)
+3%
|
(2 153)
+0%
|
(2 152)
+0%
|
(2 296)
-7%
|
(2 298)
0%
|
(2 279)
+1%
|
(2 279)
N/A
|
(2 278)
+0%
|
(2 274)
+0%
|
(2 293)
-1%
|
(2 824)
-23%
|
(2 911)
-3%
|
(2 909)
+0%
|
(2 931)
-1%
|
(2 411)
+18%
|
(2 734)
-13%
|
(2 521)
+8%
|
(2 506)
+1%
|
(4 483)
-79%
|
(4 523)
-1%
|
(5 267)
-16%
|
(5 270)
0%
|
(3 274)
+38%
|
(3 798)
-16%
|
(3 272)
+14%
|
(3 274)
0%
|
(3 332)
-2%
|
(3 856)
-16%
|
(5 340)
-38%
|
(6 536)
-22%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
358
|
143
|
42
|
271
|
374
|
373
|
445
|
89
|
(311)
|
(392)
|
(974)
|
(985)
|
(463)
|
(361)
|
255
|
528
|
246
|
109
|
19
|
(68)
|
(262)
|
(137)
|
(224)
|
(431)
|
(200)
|
(272)
|
(195)
|
(31)
|
(153)
|
594
|
761
|
792
|
1 019
|
1 102
|
2 164
|
2 451
|
1 312
|
721
|
451
|
576
|
1 026
|
|
Net Change in Cash |
(4 473)
N/A
|
(5 047)
-13%
|
(1 914)
+62%
|
995
N/A
|
3 217
+223%
|
4 317
+34%
|
3 783
-12%
|
2 925
-23%
|
1 751
-40%
|
2 439
+39%
|
2 435
0%
|
4 466
+83%
|
4 182
-6%
|
4 182
N/A
|
2 275
-46%
|
2 503
+10%
|
1 799
-28%
|
1 757
-2%
|
2 237
+27%
|
1 704
-24%
|
(183)
N/A
|
(1 532)
-737%
|
(297)
+81%
|
(1 732)
-483%
|
(558)
+68%
|
(340)
+39%
|
(437)
-29%
|
(649)
-49%
|
328
N/A
|
(429)
N/A
|
(2 749)
-541%
|
(2 726)
+1%
|
(1 352)
+50%
|
1 014
N/A
|
5 155
+408%
|
6 056
+17%
|
5 282
-13%
|
4 552
-14%
|
3 380
-26%
|
4 805
+42%
|
2 580
-46%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
2 375
N/A
|
3 269
+38%
|
5 667
+73%
|
5 874
+4%
|
6 321
+8%
|
5 792
-8%
|
4 062
-30%
|
3 622
-11%
|
3 140
-13%
|
3 437
+9%
|
4 569
+33%
|
5 648
+24%
|
5 908
+5%
|
6 413
+9%
|
4 653
-27%
|
4 775
+3%
|
4 711
-1%
|
4 202
-11%
|
5 292
+26%
|
5 494
+4%
|
4 794
-13%
|
4 581
-4%
|
4 492
-2%
|
4 161
-7%
|
5 142
+24%
|
5 361
+4%
|
5 644
+5%
|
4 911
-13%
|
4 154
-15%
|
3 580
-14%
|
1 892
-47%
|
1 766
-7%
|
1 727
-2%
|
1 241
-28%
|
2 848
+129%
|
2 409
-15%
|
3 392
+41%
|
4 643
+37%
|
4 825
+4%
|
9 064
+88%
|
8 754
-3%
|