Thursday, 29 July 2010

Using Free Cash Flow = Cash flows from Operating Activities + Cash flows from Investing Activities


Cash Flows

Consolidated

(millions of yen)
 2005/32006/32007/32008/32009/32010/3
Cash flows from operating activities14,11622,47419,35224,77811,93927,537
Cash flows from investing activities-(minus)3,833-(minus)18,845-(minus)10,109-(minus)19,147-(minus)14,393-(minus)9,949
Free cash flow *110,2833,6299,2435,6312,45417,588
Cash flows from financing activities-(minus)471-(minus)7,471-(minus)13,231-(minus)8,82811,939-(minus)30,347
Net increase(decrease) in cash and cash equivalents9,892-(minus)3,186-(minus)2,939-(minus)2,5035,538-(minus)11,458
Cash and cash equivalents at beggining of period21,78731,67928,70225,76323,26129,202
Cash and cash equivalents at end of period31,67928,70225,76323,26129,20217,768
*1 Free cash flow = Cash flows from operating activities+ Cash flows from investing activities

Free Cash Flow
(Cash flows from operating activities, Cash flows from investing activities, Free cash flow)

Graph: Free Cash Flow (Cash flows from operating activities, Cash flows from investing activities, Free cash flow)

1 comment:

K C said...

I think free cash flow is equal to operating cash flow less capital expenses; ie buying of property, plant and equipment for ordinary operating activities. Cash flow from investment includes income from investment, acquisition of other business etc which should not be included as capital expenses.