2019_3q_anahd_e
18/26 - Statements of Cash Flows



【ノート】
◎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.