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Financial Information: Consolidated Statement of Cash Flows

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¥ million
  Apr.'12 - Mar.'13 Apr.'13 - Mar.'14 Apr.'14 - Mar.'15 Apr.'15 - Mar.'16 Apr.'16 - Mar.'17
I Cash flows from operating activities          
Income before income taxes 718,146 750,077 540,022 328,887 327,525
Depreciation and amortization 51,915 50,916 52,520 86,791 91,159
Impairment loss 35,132 45,884 6,366
Amortization of goodwill 6,760 6,760 6,760 6,760 6,760
Provision for allowance for recoverable accounts under production sharing 16,353 14,882 20,307 29,843 15,934
Provision for exploration projects 21,132 (17,318) (600) (4,399) (240)
Provision for accrued retirement benefits to employees 2,285
Other provisions 5,546 5,024 3,419 (4,352) 7,144
Liability for retirement benefits (776) (873) 945 (1,483)
Interest and dividend income (16,567) (26,691) (17,895) (21,579) (13,262)
Interest expense 1,518 2,335 2,946 3,464 5,228
Foreign exchange loss (gain) 16,329 14,105 3,973 15,085 4,896
Equity in losses (earnings) of affiliates 1,041 5,053 13,443 20,696 (2,175)
Gain on transfer of mining rights (50,173) (27,520)
Loss (Gain) on sales of marketable securities (18,146) (25,986)
Loss (Gain) on sales of investment securities (25,449) (4,999)
Recovery of recoverable accounts under production sharing (capital expenditures) 54,086 67,073 75,585 64,199 79,873
Recoverable accounts under production sharing (operating expenditures) (21,079) (60,491) (60,763) (45,833) (2,823)
Accounts receivable-trade 2,795 6,276 25,201 15,193 (16,350)
Inventories (3,231) (10,013) (797) (2,551) 5,592
Accounts payable-trade 11,029 5,413 6,309 (4,389) 4,299
Accounts receivable-other 4,909 (35,287) (1,440) 41,632 11,569
Accounts payable-other (900) (18,142) (11,246) (13,746) 4,181
Advances received (24,636) 2,168 (125) 2,882 280
Other 3,091 (5,247) 23,580 9,625 23,311
Subtotal 774,906 756,118 669,795 549,053 552,790
Interest and dividends received 19,652 26,932 28,194 31,446 18,773
Interest paid (1,344) (2,381) (2,376) (3,205) (2,911)
Income taxes paid (540,868) (567,156) (478,863) (393,586) (292,840)
Net cash provided by (used in) operating activities 252,346 213,513 216,749 183,707 275,810
II Cash flows from investing activities          
Payments for time deposits (299,460) (211,332) (326,025) (544,330) (355,238)
Proceeds from time deposits 134,161 276,248 698,139 790,267 921,781
Payments for long-term time deposits (252,082) (484,080) (112,181) (439,989)
Proceeds from long-term time deposits 5,000 130,757
Payments for purchases of tangible fixed assets (189,153) (323,650) (448,381) (476,788) (278,359)
Proceeds from sales of tangible fixed assets 116 677 245 1,131 4,610
Payments for purchases of intangible assets (4,256) (6,170) (15,445) (26,897) (21,953)
Payments for purchases of marketable securities (17,709)
Proceeds from sales and redemptions of marketable securities 366,633 285,451 214,527 175,584
Payments for purchases of investment securities (90,830) (24,637) (26,767) (6,876) (80,224)
Proceeds from sales and redemptions of investment securities 70,902 62,433 68,937 27,700 10,600
Investment in recoverable accounts under production sharing (capital expenditures) (82,695) (104,073) (70,430) (60,442) (37,325)
Decrease (Increase) in short-term loans receivable (85) (4,187) (3,824) (4,120) (1,322)
Long-term loans made (141,222) (37,158) (111,387) (215,709) (133,478)
Collection of long-term loans receivable 119,238 75,464 259 384,759 275
Payments for purchase of mining rights (176,231) (42,733) (18,424) (134,516)
Proceeds from transfer of mining rights 56,799 59,405
Other 11,005 11,438 10,266 (13,305) 24,118
Net cash provided by (used in) investing activities (489,870) (395,555) (81,086) (543,534) 53,483
III Cash flows from financing activities          
Increase (Decrease) in short-term loans 991 2,690 1,489 92 (96)
Proceeds from long-term debt 121,571 74,742 27,712 127,120 11,760
Repayments of long-term debt (4,681) (7,759) (18,683) (26,868) (62,903)
Proceeds from non-controlling interests for additional shares 55,852 10,289 16,730 87,279 16,109
Cash dividends paid (27,385) (25,934) (26,287) (26,297) (26,286)
Cash dividends paid to non-controlling interests (4,991) (4,991) (4,991) (4,524) (3,939)
Other (4,286) (74) (147) (74) (72)
Net cash provided by (used in) financing activities 137,069 48,961 (4,177) 156,726 (65,428)
IV Effect of exchange rate changes on cash and cash equivalents 51,498 50,752 11,962 (4,064) (887)
V Net increase (decrease) in cash and cash equivalents (48,956) (82,327) 143,447 (207,164) 262,977
VI Cash and cash equivalents at beginning of the period 249,233 199,858 117,530 260,978 53,813
VII Increase in cash and cash equivalents from newly consolidated subsidiary 439
VIII Decrease in cash and cash equivalents resulting from exclusion of subsidiaries from consolidation (858)
IX Cash and cash equivalents at end of the period 199,858 117,530 260,978 53,813 316,790

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 ¥92.1 billion to ¥275.8 billion from the previous fiscal year. Net cash provided by investing activities was ¥53.4 billion, meanwhile, net cash used in investment activities was ¥543.5 billion for the previous fiscal year.
Net cash used in financing activities was ¥65.4 billion, meanwhile, net cash provided by financing activities was ¥156.7 billion for the previous fiscal year. After totaling ¥0.8 billion of the effect of exchange rate changes on cash and cash equivalents, the increase in cash and cash equivalents for the year ended March 31, 2017 amounted to ¥262.9 billion. Cash and cash equivalents as of March 31, 2017 totaled ¥316.7 billion, reflecting the above net increase of ¥262.9 billion, from ¥53.8 billion at the end of the previous fiscal year.

↓This table is scrollable horizontally.

¥ million
  Apr.'16 - Jun.'16 Apr.'16 - Sep.'16 Apr.'16 - Dec.'16 Apr.'16 - Mar.'17 Apr.'17 - Jun.'17
I Cash flows from operating activities          
Income before income taxes 60,761 132,180 256,569 327,525 95,507
Depreciation and amortization 22,172 43,289 67,541 91,159 23,268
Impairment loss 6,366
Amortization of goodwill 1,690 3,380 5,070 6,760 1,690
Provision for allowance for recoverable accounts under production sharing 692 1,608 970 15,934 (4,402)
Provision for exploration projects 396 (488) (493) (240) 124
Other provisions (921) (2,214) (1,912) 7,144 (47)
Liability for retirement benefits 16 (31) (20) (1,483) (20)
Interest and dividend income (3,702) (6,486) (10,560) (13,262) (3,626)
Interest expense 1,162 2,306 3,705 5,228 1,441
Foreign exchange loss (gain) 16,560 16,915 (1,394) 4,896 (805)
Equity in losses (earnings) of affiliates 221 437 (523) (2,175) (1,042)
Loss (Gain) on sales of investment securities (4,999)
Loss (Gain) on sales of fixed assets (1,909)
Recovery of recoverable accounts under production sharing (capital expenditures) 21,158 37,249 61,268 79,873 17,286
Recoverable accounts under production sharing (operating expenditures) (2,919) (1,568) (4,300) (2,823) 279
Accounts receivable-trade (6,428) (1,138) (22,876) (16,350) 1,356
Inventories (1,239) 2,536 6,862 5,592 (1,611)
Accounts payable-trade (4,209) (4,973) 318 4,299 2,097
Accounts receivable-other 11,569
Accounts payable-other 4,181
Advances received 280
Other (360) (1,933) 1,785 23,311 12,211
Subtotal 103,141 221,070 362,010 552,790 143,707
Interest and dividends received 4,448 7,619 15,055 18,773 9,368
Interest paid (106) (1,552) (2,348) (2,911) (137)
Income taxes paid (62,397) (110,485) (188,890) (292,840) (89,586)
Net cash provided by (used in) operating activities 45,085 116,652 185,827 275,810 63,352
II Cash flows from investing activities          
Payments for time deposits (163,352) (252,430) (355,238) (355,238) (204,979)
Proceeds from time deposits 260,877 418,759 650,928 921,781 213,637
Payments for purchases of tangible fixed assets (80,599) (143,198) (213,804) (278,359) (73,177)
Proceeds from sales of tangible fixed assets 2,996 3,326 3,174 4,610 15
Payments for purchases of intangible assets (5,951) (11,997) (19,462) (21,953) (450)
Payments for purchases of investment securities (142) (165) (13,970) (80,224) (89,275)
Proceeds from sales and redemptions of investment securities 10,600
Investment in recoverable accounts under production sharing (capital expenditures) (12,813) (24,321) (33,910) (37,325) (9,841)
Decrease (Increase) in short-term loans receivable 1,102 (3,176) (2,344) (1,322) 39
Long-term loans made (2,304) (65,592) (131,328) (133,478) (23)
Collection of long-term loans receivable 115 125 254 275 123
Other (2,077) 2,460 24,147 24,118 (3,853)
Net cash provided by (used in) investing activities (2,150) (76,212) (91,553) 53,483 (167,786)
III Cash flows from financing activities          
Increase (Decrease) in commercial papers 96,999
Increase (Decrease) in short-term loans (3) (21) (23) (96)
Proceeds from long-term debt 50 50 11,760 11,760 63,513
Repayments of long-term debt (13,570) (18,143) (58,323) (62,903) (14,386)
Proceeds from non-controlling interests for additional shares 8,769 8,769 8,967 16,109 (14,386)
Cash dividends paid (10,651) (13,142) (26,292) (26,286) (10,649)
Cash dividends paid to non-controlling interests (3,939) (3,939) (3,939) (1,052)
Other (9) (17) (64) (72) (11)
Net cash provided by (used in) financing activities (15,414) (26,444) 29,085 (65,428) 37,414
IV Effect of exchange rate changes on cash and cash equivalents (5,312) (5,305) 3,717 (887) (1,325)
V Net increase (decrease) in cash and cash equivalents 22,208 8,689 127,076 262,977 (68,344)
VI Cash and cash equivalents at beginning of the period 53,813 53,813 53,813 53,813 316,790
VII Cash and cash equivalents at end of the period 76,021 62,502 180,889 316,790 248,446

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