Investor Relations
Financial Information: Consolidated Statement of Cash Flows
↓This table is scrollable horizontally.
| Apr.'14 - Mar.'15 | Apr.'15 - Mar.'16 | Apr.'16 - Mar.'17 | Apr.'17 - Mar.'18 | Apr.'18 - Mar.'19 | |
| I Cash flows from operating activities | |||||
| Income before income taxes | 540,022 | 328,887 | 327,525 | 307,299 | 494,042 |
| Depreciation and amortization | 52,520 | 86,791 | 91,159 | 92,805 | 106,899 |
| Impairment loss | 35,132 | 45,884 | 6,366 | 79,970 | 25,236 |
| Amortization of goodwill | 6,760 | 6,760 | 6,760 | 6,760 | 6,760 |
| Provision for allowance for recoverable accounts under production sharing | 20,307 | 29,843 | 15,934 | (21,190) | 1,241 |
| Provision for exploration projects | (600) | (4,399) | (240) | (458) | 3,660 |
| Other provisions | 3,419 | (4,352) | 7,144 | 6,810 | (5,781) |
| Liability for retirement benefits | (873) | 945 | (1,483) | 19 | 383 |
| Interest and dividend income | (17,895) | (21,579) | (13,262) | (11,255) | (14,405) |
| Interest expense | 2,946 | 3,464 | 5,228 | 7,075 | 17,333 |
| Foreign exchange loss (gain) | 3,973 | 15,085 | 4,896 | 11,048 | (1,047) |
| Equity in losses (earnings) of affiliates | 13,443 | 20,696 | (2,175) | (4,192) | (28,363) |
| Gain on transfer of participating interests | (27,520) | — | — | — | — |
| Loss (Gain) on sales of marketable securities | (18,146) | (25,986) | — | — | — |
| Loss (Gain) on sales of investment securities | — | — | (4,999) | — | — |
| Recovery of recoverable accounts under production sharing (capital expenditures) | 75,585 | 64,199 | 79,873 | 53,465 | 33,127 |
| Recoverable accounts under production sharing (operating expenditures) | (60,763) | (45,833) | (2,823) | 9,632 | 4,639 |
| Accounts receivable-trade | 25,201 | 15,193 | (16,350) | 2,846 | (25,372) |
| Inventories | (797) | (2,551) | 5,592 | (2,097) | (11,359) |
| Accounts payable-trade | 6,309 | (4,389) | 4,299 | 20,604 | (13,427) |
| Accounts receivable-other | (1,440) | 41,632 | 11,569 | (287) | (11,666) |
| Accounts payable-other | (11,246) | (13,746) | 4,181 | 12,221 | 14,408 |
| Advances received | (125) | 2,882 | 280 | 4,848 | 4,443 |
| Other | 23,580 | 9,625 | 23,311 | 12,467 | 17,017 |
| Subtotal | 669,795 | 549,053 | 552,790 | 588,395 | 617,768 |
| Interest and dividends received | 28,194 | 31,446 | 18,773 | 24,459 | 21,120 |
| Interest paid | (2,376) | (3,205) | (2,911) | (5,077) | (12,242) |
| Income taxes paid | (478,863) | (393,586) | (292,840) | (329,238) | (388,080) |
| Net cash provided by (used in) operating activities | 216,749 | 183,707 | 275,810 | 278,539 | 238,566 |
| II Cash flows from investing activities | |||||
| Payments for time deposits | (326,025) | (544,330) | (355,238) | (259,990) | (249,615) |
| Proceeds from time deposits | 698,139 | 790,267 | 921,781 | 593,900 | 249,616 |
| Payments for long-term time deposits | (112,181) | (439,989) | — | — | — |
| Payments for purchases of tangible fixed assets | (448,381) | (476,788) | (278,359) | (271,324) | (210,732) |
| Proceeds from sales of tangible fixed assets | 245 | 1,131 | 4,610 | 236 | 209 |
| Payments for purchases of intangible assets | (15,445) | (26,897) | (21,953) | (1,364) | (809) |
| Proceeds from sales and redemptions of marketable securities | 214,527 | 175,584 | — | — | — |
| Payments for purchases of investment securities | (26,767) | (6,876) | (80,224) | (127,785) | (104,766) |
| Proceeds from sales and redemptions of investment securities | 68,937 | 27,700 | 10,600 | — | — |
| Investment in recoverable accounts under production sharing (capital expenditures) | (70,430) | (60,442) | (37,325) | (24,135) | (31,631) |
| Decrease (Increase) in short-term loans receivable | (3,824) | (4,120) | (1,322) | 50 | 813 |
| Long-term loans made | (111,387) | (215,709) | (133,478) | (172,533) | (262,671) |
| Collection of long-term loans receivable | 259 | 384,759 | 275 | 273 | 264 |
| Payments for acquisitions of participating interests | (18,424) | (134,516) | — | (100,906) | (107,862) |
| Proceeds from transfer of participating interests | 59,405 | — | — | — | — |
| Other | 10,266 | (13,305) | 24,118 | 11,671 | 35,179 |
| Net cash provided by (used in) investing activities | (81,086) | (543,534) | 53,483 | (351,908) | (682,005) |
| III Cash flows from financing activities | |||||
| Increase (Decrease) in short-term loans | 1,489 | 92 | (96) | 392 | 1,840 |
| Proceeds from long-term debt | 27,712 | 127,120 | 11,760 | 77,612 | 497,777 |
| Repayments of long-term debt | (18,683) | (26,868) | (62,903) | (39,250) | (76,185) |
| Proceeds from non-controlling interests for additional shares | 16,730 | 87,279 | 16,109 | 27,570 | 14,118 |
| Cash dividends paid | (26,287) | (26,297) | (26,286) | (26,291) | (26,290) |
| Cash dividends paid to non-controlling interests | (4,991) | (4,524) | (3,939) | (2,523) | (5,832) |
| Other | (147) | (74) | (72) | (2,766) | (242) |
| Net cash provided by (used in) financing activities | (4,177) | 156,726 | (65,428) | 34,742 | 405,184 |
| IV Effect of exchange rate changes on cash and cash equivalents | 11,962 | (4,064) | (887) | (2,083) | 1,827 |
| V Net increase (decrease) in cash and cash equivalents | 143,447 | (207,164) | 262,977 | (40,711) | (36,427) |
| VI Cash and cash equivalents at beginning of the period | 117,530 | 260,978 | 53,813 | 316,790 | 276,079 |
| VII Cash and cash equivalents at end of the period | 260,978 | 53,813 | 316,790 | 276,079 | 239,652 |
↓This table is scrollable horizontally.
| Apr.'17 - Mar.'18 | Apr.'18 - Jun.'18 | Apr.'18 - Sep.'18 | Apr.'18 - Dec.'18 | Apr.'18 - Mar.'19 | |
| I Cash flows from operating activities | |||||
| Income before income taxes | 307,299 | 116,222 | 246,977 | 378,053 | 494,042 |
| Depreciation and amortization | 92,805 | 21,998 | 41,710 | 69,489 | 106,899 |
| Impairment loss | 79,970 | — | — | — | 25,236 |
| Amortization of goodwill | 6,760 | 1,690 | 3,380 | 5,070 | 6,760 |
| Provision for allowance for recoverable accounts under production sharing | (21,190) | 567 | 1,720 | 3,227 | 1,241 |
| Provision for exploration projects | (458) | (340) | (241) | 757 | 3,660 |
| Other provisions | 6,810 | 2,614 | 3,848 | 2,227 | (5,781) |
| Liability for retirement benefits | 19 | 301 | 234 | 281 | 383 |
| Interest and dividend income | (11,255) | (2,641) | (5,531) | (9,008) | (14,405) |
| Interest expense | 7,075 | 2,088 | 4,794 | 10,468 | 17,333 |
| Foreign exchange loss (gain) | 11,048 | (2,189) | (4,355) | (1,419) | (1,047) |
| Equity in losses (earnings) of affiliates | (4,192) | (4,822) | (10,565) | (17,669) | (28,363) |
| Recovery of recoverable accounts under production sharing (capital expenditures) | 53,465 | 2,449 | 10,007 | 24,370 | 33,127 |
| Recoverable accounts under production sharing (operating expenditures) | 9,632 | 8,367 | 9,833 | 5,611 | 4,639 |
| Accounts receivable-trade | 2,846 | (28,542) | (34,355) | (38,232) | (25,372) |
| Inventories | (2,097) | (89) | (1,626) | (9,196) | (11,359) |
| Accounts payable-trade | 20,604 | (19,326) | (18,602) | (12,856) | (13,427) |
| Accounts receivable-other | (287) | — | — | — | (11,666) |
| Accounts payable-other | 12,221 | — | — | — | 14,408 |
| Advances received | 4,848 | — | — | — | 4,443 |
| Other | 12,467 | 10,165 | 28,370 | (4,762) | 17,017 |
| Subtotal | 588,395 | 108,513 | 275,599 | 406,412 | 617,768 |
| Interest and dividends received | 24,459 | 3,443 | 8,562 | 15,124 | 21,120 |
| Interest paid | (5,077) | (158) | (3,439) | (4,741) | (12,242) |
| Income taxes paid | (329,238) | (70,050) | (169,866) | (281,597) | (388,080) |
| Net cash provided by (used in) operating activities | 278,539 | 41,747 | 110,855 | 135,198 | 238,566 |
| II Cash flows from investing activities | |||||
| Payments for time deposits | (259,990) | (207,289) | (248,107) | (250,110) | (249,615) |
| Proceeds from time deposits | 593,900 | — | 88,231 | 233,438 | 249,616 |
| Payments for purchases of tangible fixed assets | (271,324) | (64,137) | (116,988) | (163,412) | (210,732) |
| Proceeds from sales of tangible fixed assets | 236 | 23 | 30 | 46 | 209 |
| Payments for purchases of intangible assets | (1,364) | (167) | (531) | (409) | (809) |
| Payments for purchases of investment securities | (127,785) | (1,424) | (1,449) | (83,696) | (104,766) |
| Investment in recoverable accounts under production sharing (capital expenditures) | (24,135) | (9,064) | (15,319) | (27,439) | (31,631) |
| Decrease (Increase) in short-term loans receivable | 50 | (23) | (230) | 693 | 813 |
| Long-term loans made | (172,553) | (154,809) | (182,578) | (263,077) | (262,671) |
| Collection of long-term loans receivable | 273 | 114 | 129 | 256 | 264 |
| Payments for acquisitions of participating interests | (100,906) | — | — | (105,800) | (107,862) |
| Other | 11,671 | 12,158 | 19,022 | 19,711 | 35,179 |
| Net cash provided by (used in) investing activities | (351,908) | (424,617) | (457,790) | (639,801) | (682,005) |
| III Cash flows from financing activities | |||||
| Increase (Decrease) in commercial papers | — | 150,000 | 72,000 | 108,000 | — |
| Increase (Decrease) in short-term loans | 392 | — | — | 23,480 | 1,840 |
| Proceeds from long-term debt | 77,612 | 144,105 | 295,389 | 392,138 | 497,777 |
| Repayments of long-term debt | (39,250) | (17,925) | (23,069) | (45,591) | (76,185) |
| Proceeds from non-controlling interests for additional shares | 27,570 | — | 50 | 2,030 | 14,118 |
| Cash dividends paid | (26,291) | (10,651) | (13,146) | (26,295) | (26,290) |
| Cash dividends paid to non-controlling interests | (2,523) | (3,521) | (5,832) | (5,832) | (5,832) |
| Other | (2,766) | (6) | (195) | (234) | (242) |
| Net cash provided by (used in) financing activities | 34,742 | 261,999 | 325,195 | 447,695 | 405,184 |
| IV Effect of exchange rate changes on cash and cash equivalents | (2,083) | 1,383 | 6,687 | (1,020) | 1,827 |
| V Net increase (decrease) in cash and cash equivalents | (40,711) | (119,486) | (15,052) | (57,927) | (36,427) |
| VI Cash and cash equivalents at beginning of the period | 316,790 | 276,079 | 276,079 | 276,079 | 276,079 |
| VII Cash and cash equivalents at end of the period | 276,079 | 156,592 | 261,027 | 218,151 | 239,652 |
