Investor Relations
Financial Information: Consolidated Statement of Cash Flows
↓This table is scrollable horizontally.
| Apr.'13 - Mar.'14 | Apr.'14 - Mar.'15 | Apr.'15 - Mar.'16 | Apr.'16 - Mar.'17 | Apr.'17 - Mar.'18 | |
| I Cash flows from operating activities | |||||
| Income before income taxes | 750,077 | 540,022 | 328,887 | 327,525 | 307,299 |
| Depreciation and amortization | 50,916 | 52,520 | 86,791 | 91,159 | 92,805 |
| Impairment loss | — | 35,132 | 45,884 | 6,366 | 79,970 |
| Amortization of goodwill | 6,760 | 6,760 | 6,760 | 6,760 | 6,760 |
| Provision for allowance for recoverable accounts under production sharing | 14,882 | 20,307 | 29,843 | 15,934 | (21,190) |
| Provision for exploration projects | (17,318) | (600) | (4,399) | (240) | (458) |
| Other provisions | 5,024 | 3,419 | (4,352) | 7,144 | 6,810 |
| Liability for retirement benefits | (776) | (873) | 945 | (1,483) | 19 |
| Interest and dividend income | (26,691) | (17,895) | (21,579) | (13,262) | (11,255) |
| Interest expense | 2,335 | 2,946 | 3,464 | 5,228 | 7,075 |
| Foreign exchange loss (gain) | 14,105 | 3,973 | 15,085 | 4,896 | 11,048 |
| Equity in losses (earnings) of affiliates | 5,053 | 13,443 | 20,696 | (2,175) | (4,192) |
| Gain on transfer of mining rights | — | (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) | 67,073 | 75,585 | 64,199 | 79,873 | 53,465 |
| Recoverable accounts under production sharing (operating expenditures) | (60,491) | (60,763) | (45,833) | (2,823) | 9,632 |
| Accounts receivable-trade | 6,276 | 25,201 | 15,193 | (16,350) | 2,846 |
| Inventories | (10,013) | (797) | (2,551) | 5,592 | (2,097) |
| Accounts payable-trade | 5,413 | 6,309 | (4,389) | 4,299 | 20,604 |
| Accounts receivable-other | (35,287) | (1,440) | 41,632 | 11,569 | (287) |
| Accounts payable-other | (18,142) | (11,246) | (13,746) | 4,181 | 12,221 |
| Advances received | 2,168 | (125) | 2,882 | 280 | 4,848 |
| Other | (5,247) | 23,580 | 9,625 | 23,311 | 12,467 |
| Subtotal | 756,118 | 669,795 | 549,053 | 552,790 | 588,395 |
| Interest and dividends received | 26,932 | 28,194 | 31,446 | 18,773 | 24,459 |
| Interest paid | (2,381) | (2,376) | (3,205) | (2,911) | (5,077) |
| Income taxes paid | (567,156) | (478,863) | (393,586) | (292,840) | (329,238) |
| Net cash provided by (used in) operating activities | 213,513 | 216,749 | 183,707 | 275,810 | 278,539 |
| II Cash flows from investing activities | |||||
| Payments for time deposits | (211,332) | (326,025) | (544,330) | (355,238) | (259,990) |
| Proceeds from time deposits | 276,248 | 698,139 | 790,267 | 921,781 | 593,900 |
| Payments for long-term time deposits | (484,080) | (112,181) | (439,989) | — | — |
| Proceeds from long-term time deposits | 130,757 | — | — | — | — |
| Payments for purchases of tangible fixed assets | (323,650) | (448,381) | (476,788) | (278,359) | (271,324) |
| Proceeds from sales of tangible fixed assets | 677 | 245 | 1,131 | 4,610 | 236 |
| Payments for purchases of intangible assets | (6,170) | (15,445) | (26,897) | (21,953) | (1,364) |
| Proceeds from sales and redemptions of marketable securities | 285,451 | 214,527 | 175,584 | — | — |
| Payments for purchases of investment securities | (24,637) | (26,767) | (6,876) | (80,224) | (127,785) |
| Proceeds from sales and redemptions of investment securities | 62,433 | 68,937 | 27,700 | 10,600 | — |
| Investment in recoverable accounts under production sharing (capital expenditures) | (104,073) | (70,430) | (60,442) | (37,325) | (24,135) |
| Decrease (Increase) in short-term loans receivable | (4,187) | (3,824) | (4,120) | (1,322) | 50 |
| Long-term loans made | (37,158) | (111,387) | (215,709) | (133,478) | (172,533) |
| Collection of long-term loans receivable | 75,464 | 259 | 384,759 | 275 | 273 |
| Payments for purchase of mining rights | (42,733) | (18,424) | (134,516) | — | (100,906) |
| Proceeds from transfer of mining rights | — | 59,405 | — | — | — |
| Other | 11,438 | 10,266 | (13,305) | 24,118 | 11,671 |
| Net cash provided by (used in) investing activities | (395,555) | (81,086) | (543,534) | 53,483 | (351,908) |
| III Cash flows from financing activities | |||||
| Increase (Decrease) in short-term loans | 2,690 | 1,489 | 92 | (96) | 392 |
| Proceeds from long-term debt | 74,742 | 27,712 | 127,120 | 11,760 | 77,612 |
| Repayments of long-term debt | (7,759) | (18,683) | (26,868) | (62,903) | (39,250) |
| Proceeds from non-controlling interests for additional shares | 10,289 | 16,730 | 87,279 | 16,109 | 27,570 |
| Cash dividends paid | (25,934) | (26,287) | (26,297) | (26,286) | (26,291) |
| Cash dividends paid to non-controlling interests | (4,991) | (4,991) | (4,524) | (3,939) | (2,523) |
| Other | (74) | (147) | (74) | (72) | (2,766) |
| Net cash provided by (used in) financing activities | 48,961 | (4,177) | 156,726 | (65,428) | 34,742 |
| IV Effect of exchange rate changes on cash and cash equivalents | 50,752 | 11,962 | (4,064) | (887) | (2,083) |
| V Net increase (decrease) in cash and cash equivalents | (82,327) | 143,447 | (207,164) | 262,977 | (40,711) |
| VI Cash and cash equivalents at beginning of the period | 199,858 | 117,530 | 260,978 | 53,813 | 316,790 |
| VII Cash and cash equivalents at end of the period | 117,530 | 260,978 | 53,813 | 316,790 | 276,079 |
Net cash provided by operating activities and sales and/or redemptions of marketable securities, as well as net cash provided by financial activities are used in investments, including purchases of tangible fixed assets.
Net cash provided by operating activities increased by ¥2.7 billion to ¥278.5 billion from the previous fiscal year. Net cash used in investing activities was \351.9 billion, meanwhile, net cash provided by investment activities was \53.4 billion for the previous fiscal year.
Net cash provided by financing activities was ¥34.7 billion, meanwhile, net cash used in financing activities was ¥65.4 billion for the previous fiscal year. After totaling ¥2.0 billion of the effect of exchange rate changes on cash and cash equivalents, the decrease in cash and cash equivalents for the year ended March 31, 2018 amounted to ¥40.7 billion. Cash and cash equivalents as of March 31, 2018 totaled ¥276.0 billion, reflecting the above net decrease of ¥40.7 billion, from ¥316.7 billion at the end of the previous fiscal year.
↓This table is scrollable horizontally.
| Apr.'17 - Dec.'17 | Apr.'17 - Mar.'18 | Apr.'18 - Jun.'18 | Apr.'18 - Sep.'18 | Apr.'18 - Dec.'18 | |
| I Cash flows from operating activities | |||||
| Income before income taxes | 308,299 | 307,299 | 116,222 | 246,977 | 378,053 |
| Depreciation and amortization | 69,735 | 92,805 | 21,998 | 41,710 | 69,489 |
| Impairment loss | — | 79,970 | — | — | — |
| Amortization of goodwill | 5,070 | 6,760 | 1,690 | 3,380 | 5,070 |
| Provision for allowance for recoverable accounts under production sharing | (14,767) | (21,190) | 567 | 1,720 | 3,227 |
| Provision for exploration projects | (163) | (458) | (340) | (241) | 757 |
| Other provisions | 5,895 | 6,810 | 2,614 | 3,848 | 2,227 |
| Liability for retirement benefits | 60 | 19 | 301 | 234 | 281 |
| Interest and dividend income | (8,617) | (11,255) | (2,641) | (5,531) | (9,008) |
| Interest expense | 5,080 | 7,075 | 2,088 | 4,794 | 10,468 |
| Foreign exchange loss (gain) | (741) | 11,048 | (2,189) | (4,355) | (1,419) |
| Equity in losses (earnings) of affiliates | (2,646) | (4,192) | (4,822) | (10,565) | (17,669) |
| Recovery of recoverable accounts under production sharing (capital expenditures) | 52,264 | 53,465 | 2,449 | 10,007 | 24,370 |
| Recoverable accounts under production sharing (operating expenditures) | 4,801 | 9,632 | 8,367 | 9,833 | 5,611 |
| Accounts receivable-trade | (21,819) | 2,846 | (28,542) | (34,355) | (38,232) |
| Inventories | (4,139) | (2,097) | (89) | (1,626) | (9,196) |
| Accounts payable-trade | (396) | 20,604 | (19,326) | (18,602) | (12,856) |
| Accounts receivable-other | — | (287) | — | — | — |
| Accounts payable-other | — | 12,221 | — | — | — |
| Advances received | — | 4,848 | — | — | — |
| Other | 23,238 | 12,467 | 10,165 | 28,370 | (4,762) |
| Subtotal | 421,152 | 588,395 | 108,513 | 275,599 | 406,412 |
| Interest and dividends received | 21,528 | 24,459 | 3,443 | 8,562 | 15,124 |
| Interest paid | (2,284) | (5,077) | (158) | (3,439) | (4,741) |
| Income taxes paid | (228,467) | (329,238) | (70,050) | (169,866) | (281,597) |
| Net cash provided by (used in) operating activities | 211,929 | 278,539 | 41,747 | 110,855 | 135,198 |
| II Cash flows from investing activities | |||||
| Payments for time deposits | (261,936) | (259,990) | (207,289) | (248,107) | (250,110) |
| Proceeds from time deposits | 579,092 | 593,900 | — | 88,231 | 233,438 |
| Payments for purchases of tangible fixed assets | (204,399) | (271,324) | (64,137) | (116,988) | (163,412) |
| Proceeds from sales of tangible fixed assets | 62 | 236 | 23 | 30 | 46 |
| Payments for purchases of intangible assets | (1,193) | (1,364) | (167) | (531) | (409) |
| Payments for purchases of investment securities | (128,499) | (127,785) | (1,424) | (1,449) | (83,696) |
| Investment in recoverable accounts under production sharing (capital expenditures) | (19,827) | (24,135) | (9,064) | (15,319) | (27,439) |
| Decrease (Increase) in short-term loans receivable | 457 | 50 | (23) | (230) | 693 |
| Long-term loans made | (112,237) | (172,553) | (154,809) | (182,578) | (263,077) |
| Collection of long-term loans receivable | 253 | 273 | 114 | 129 | 256 |
| Payments for purchase of mining rights | — | (100,906) | — | — | (105,800) |
| Other | 12,067 | 11,671 | 12,158 | 19,022 | 19,711 |
| Net cash provided by (used in) investing activities | (136,161) | (351,908) | (424,617) | (457,790) | (639,801) |
| III Cash flows from financing activities | |||||
| Increase (Decrease) in commercial papers | — | — | 150,000 | 72,000 | 108,000 |
| Increase (Decrease) in short-term loans | (40) | 392 | — | — | 23,480 |
| Proceeds from long-term debt | 77,612 | 77,612 | 144,105 | 295,389 | 392,138 |
| Repayments of long-term debt | (34,124) | (39,250) | (17,925) | (23,069) | (45,591) |
| Proceeds from non-controlling interests for additional shares | — | 27,570 | — | 50 | 2,030 |
| Cash dividends paid | (26,294) | (26,291) | (10,651) | (13,146) | (26,295) |
| Cash dividends paid to non-controlling interests | (2,523) | (2,523) | (3,521) | (5,832) | (5,832) |
| Other | (61) | (2,766) | (6) | (195) | (234) |
| Net cash provided by (used in) financing activities | 14,567 | 34,742 | 261,999 | 325,195 | 447,695 |
| IV Effect of exchange rate changes on cash and cash equivalents | 787 | (2,083) | 1,383 | 6,687 | (1,020) |
| V Net increase (decrease) in cash and cash equivalents | 91,123 | (40,711) | (119,486) | (15,052) | (57,927) |
| VI Cash and cash equivalents at beginning of the period | 316,790 | 316,790 | 276,079 | 276,079 | 276,079 |
| VII Cash and cash equivalents at end of the period | 407,914 | 276,079 | 156,592 | 261,027 | 218,151 |
