Cash Flow Statement

Currency: JPY

	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023	Dec-2023
Operating Cash Flow
Net Income	1 593	630	671	(115)	(388)	(527)	(936)	(1 169)	(940)
Depreciation & Amortization	1 535	1 315	1 655	1 347	1 368	1 383	1 401	1 428	1 504
Other Non-Cash Items	277	233	262	171	147	174	163	173	188
Cash Taxes Paid	890	890	1 680	1 055	1 193	1 314	602	95	(270)
Cash Interest Paid	461	258	260	100	98	38	38	37	38
Change in Working Capital	1 981	(1 227)	(1 731)	(4 654)	(3 331)	(3 660)	(2 855)	(925)	1 234
Cash from Operating Activities	5 386 N/A	951 -82%	857 -10%	(3 251) N/A	(2 204) +32%	(2 630) -19%	(2 227) +15%	(493) +78%	1 986 N/A
Investing Cash Flow
Capital Expenditures	(867)	(808)	(1 152)	(1 164)	(1 210)	(1 445)	(1 560)	(1 665)	(1 781)
Other Items	(162)	41	(284)	(318)	(319)	(320)	(3)	(10)	(20)
Cash from Investing Activities	(1 029) N/A	(767) +25%	(1 436) -87%	(1 482) -3%	(1 529) -3%	(1 765) -15%	(1 563) +11%	(1 675) -7%	(1 801) -8%
Financing Cash Flow
Net Issuance of Common Stock	12 324	7 854	7 854	6 876	14	27	28	18	21
Net Issuance of Debt	(7 660)	(4 228)	(4 320)	(1 979)	(1 978)	2 617	4 113	3 613	(63)
Other	0	(1)	0	0	0	197	195	0	196
Cash from Financing Activities	4 663 N/A	3 625 -22%	3 534 -3%	4 897 +39%	(1 964) N/A	2 841 N/A	4 336 +53%	3 827 -12%	155 -96%
Change in Cash
Effect of Foreign Exchange Rates	11	5	5	0	0	0	0	0	0
Net Change in Cash	9 031 N/A	3 814 -58%	2 960 -22%	164 -94%	(5 697) N/A	(1 554) +73%	546 N/A	1 659 +204%	340 -80%
Free Cash Flow
Free Cash Flow	4 519 N/A	143 -97%	(295) N/A	(4 415) -1 397%	(3 414) +23%	(4 075) -19%	(3 787) +7%	(2 158) +43%	205 N/A

Net Protections Holdings Inc
TSE:7383