Statements of Cash Flows

(Million yen)
2019/122020/12
Cash flows from operating activities
Profit before income taxes15,56819,473
Depreciation1,3951,562
Increase (decrease) in allowance for doubtful accounts265
Increase (decrease) in provision for bonuses-147
Increase (decrease) in provision for bonuses for directors (and other officers)316
Increase (decrease) in retirement benefit liability2951
Interest income-27-17
Interest expenses5035
Accident related loss314-
Impairment loss-65
Loss on liquidation of business-48
Decrease (increase) in trade receivables-2,927-3,753
Decrease (increase) in inventories-1,593-240
Decrease (increase) in accounts receivable - other-304-617
Increase (decrease) in trade payables1,5231,784
Increase (decrease) in accounts payable - other447647
Increase (decrease) in accrued consumption taxes-509996
Other, net219134
Subtotal14,20220,200
Interest received3020
Interest paid-51-46
Income taxes paid-4,948-4,799
Payments for accident related loss-167-106
Net cash provided by (used in) operating activities9,06415,269
Cash flows from investing activities
Payments into time deposits-1,016-265
Proceeds from withdrawal of time deposits949578
Purchase of property, plant and equipment-1,055-7,639
Purchase of intangible assets-1,361-1,472
Payments of guarantee deposits-663-121
Other, net-618-94
Net cash provided by (used in) investing activities-3,765-9,015
Cash flows from financing activities
Proceeds from long-term borrowings-9,000
Repayments of long-term borrowings-2,000-2,498
Proceeds from exercise of employee share options00
Purchase of treasury shares-21-68
Dividends paid-3,478-3,975
Proceeds from share issuance to non-controlling shareholders436-
Repayments of lease obligations-1,499-683
Net cash provided by (used in) financing activities-6,5621,773
Effect of exchange rate change on cash and cash equivalents-29-6
Net increase (decrease) in cash and cash equivalents-1,2938,021
Cash and cash equivalents at beginning of period12,04010,746
Cash and cash equivalents at end of period10,74618,767