◎These are our cash flows.
◎Cash flow from operating activities resulted in an inflow of 206.5 billion yen.
◎Cash flow from investing activities resulted in an outflow of 207.7 billion yen, mainly associated with capital expenditures for aircraft.
◎Cash flow from financing activities resulted in an outflow of 53.5 billion yen, mainly due to the repayment of loans, redemptions of bonds, and payments of dividends.
◎Substantial free cash flow, calculated by subtracting time and negotiable deposits of more than three months from cash flows from investing activities, resulted in an inflow of 26.9 billion yen.
◎Please see page 22.