FORM 6-K
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
Commission File Number: 1-15270

For the month of June 2024

NOMURA HOLDINGS, INC.
(Translation of registrant's name into English)

13-1, Nihonbashi 1-chome
Chuo-ku, Tokyo 103-8645
Japan(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form
20-F or Form 40-F.
Form 20-F X

Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted byRegulation S-T Rule 101(b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted byRegulation S-T Rule 101(b)(7):

Information furnished on this form:
EXHIBIT
Exhibit Number
1. Nomura Completes Amendments of Annual Securities Report, Quarterly Reports, Financial
Highlights and Management’s Report on Internal Control over Financial ReportingSIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report tobe signed on its behalf by the undersigned, thereunto duly authorized.

NOMURA HOLDINGS, INC.
Date: June 25, 2024

By:/s/ Yoshifumi Kishida_________
Yoshifumi Kishida
Senior Managing Director

News Release

Nomura Completes Amendments of Annual Securities Report,
Quarterly Reports, Financial Highlights and Management’s Report on
Internal Control over Financial Reporting
Tokyo, June 25, 2024—Further to its April 12, 2024, announcement1, Nomura Holdings, Inc. today
announced that it has completed amendments of its Annual Securities Report, Quarterly Reports,
Financial Highlights and Management’s Report on Internal Control over Financial Reporting for the115th, 116th, 117th, and 118th fiscal periods as below2.
Nomura also amended its Financial Highlights for the fiscal year ended March 31, 2024 (120th).
The amendment corrects certain classification errors within the consolidated statement of cash
flows.
There are no amendments to Nomura’s consolidated statements of income, consolidated balance
sheets or unconsolidated financial statements, and no impact to Nomura’s income or capital levels.
1. Amended Reports(1) Annual Securities Report
For the fiscal year ended March 31, 2019 (115th)
For the fiscal year ended March 31, 2020 (116th)
For the fiscal year ended March 31, 2021 (117th)
For the fiscal year ended March 31, 2022 (118th)(2) Quarterly Reports
For the first quarter of the fiscal year ended March 31, 2022 (118th)
For the second quarter of the fiscal year ended March 31, 2022 (118th)
For the third quarter of the fiscal year ended March 31, 2022 (118th)
For the first quarter of the fiscal year ended March 31, 2023 (119th)
For the second quarter of the fiscal year ended March 31, 2023 (119th)
For the third quarter of the fiscal year ended March 31, 2023 (119th)(3) Financial Highlights
For the fiscal year ended March 31, 2019 (115th)
For the fiscal year ended March 31, 2020 (116th)
For the fiscal year ended March 31, 2021 (117th)
For the fiscal year ended March 31, 2022 (118th)
For the fiscal year ended March 31, 2024 (120th)(4) Management’s Report on Internal Control over Financial Reporting
For the fiscal year ended March 31, 2019 (115th)
For the fiscal year ended March 31, 2020 (116th)
For the fiscal year ended March 31, 2021 (117th)
For the fiscal year ended March 31, 2022 (118th)
2. Outline of Amendments(1) Annual Securities Report and Quarterly Reports1
2

See https://www.nomuraholdings.com/news/nr/holdings/20240412/20240412.pdf.
Nomura completed amendment to its Financial Highlights for the fiscal year ended March 31, 2023 (119th) on April 12, 2024.

Nomura restated the consolidated statement of cash flows and related disclosure. For
details, please refer to the amended Annual Securities Report and Quarterly Reports filed
today.
(2) Financial Highlights
The amendments are as follows.
Summary Information
 1. Consolidated Operating Results
Accompanying Materials
 1. Overview of Consolidated Operating Results(3) Overview of Cash Flows 3. Consolidated Financial Statements(5) Consolidated Statements of Cash Flows
Details of the amendments are underlined in the attachment below.
(3) Management’s Report on Internal Control over Financial Reporting
The amendments on Management’s Report on Internal Control over Financial Reporting foreach period including remediation plan is similar to the amendments for the fiscal year
ended March 31, 2023, announced on April 12, 20241.

ends
NomuraNomura is a global financial services group with an integrated network spanning approximately 30 countries and regions.
By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments
through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets andInvestment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients withcreative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

2

Attachment
Financial Summary – Year ended March 31, 2019
Summary Information
1. Consolidated Operating Results(3) Cash Flows(Original)(Millions of yen)
For the year ended March 31
2018
2019
(445,690)(361,165)(56,172)(112,503)
373,168
761,191

Net cash used in operating activities
Net cash used in investing activities
Net cash provided by financing activities
Cash, cash equivalents, restricted cash andrestricted cash equivalents at end of the year

2,354,868

2,687,132(Corrected)(Millions of yen)
For the year ended March 31
2018
2019
(341,305)(62,010)(296,741)(420,464)
509,352
769,997

Net cash used in operating activities
Net cash used in investing activities
Net cash provided by financing activities
Cash, cash equivalents, restricted cash andrestricted cash equivalents at end of the year

2,354,868

2,687,132

Accompanying Materials

1. Overview of Consolidated Operating Results(3) Overview of Cash Flows(Original)
Cash, cash equivalents, restricted cash and restricted cash equivalents as of March 31, 2019, increased by
332.3 billion yen compared to March 31, 2018. Cash flows from operating activities for the year ended March
31, 2019 were outflows of 361.2 billion yen due mainly to the increase in Securities purchased underagreements to resell, net of securities sold under agreements to repurchase. Cash flows from investing
activities for the year ended March 31, 2019 were outflows of 112.5 billion yen due mainly to Payments forpurchases of office buildings, land, equipment and facilities. Cash flows from financing activities for the year
ended March 31, 2019 were inflows of 761.2 billion yen due primarily to the increase in long-term borrowings.

(Corrected)
Cash, cash equivalents, restricted cash and restricted cash equivalents as of March 31, 2019, increased by
332.3 billion yen compared to March 31, 2018. Cash flows from operating activities for the year ended March
31, 2019 were outflows of 62.0 billion yen due mainly to the increase in Securities purchased underagreements to resell, net of securities sold under agreements to repurchase. Cash flows from investing
activities for the year ended March 31, 2019 were outflows of 420.5 billion yen due mainly to Payments forpurchases or origination of other non-trading loans. Cash flows from financing activities for the year ended
March 31, 2019 were inflows of 770.0 billion yen due primarily to Proceeds from issuances of long-termborrowings.

-3-

3. Consolidated Financial Statements(5) Consolidated Statements of Cash Flows(Original)
Millions of yen
For the year ended
March 31, 2018
March 31, 2019
Cash flows from operating activities:
Net income (loss)
Adjustments to reconcile net income (loss) to
Net cash used in operating activities :Depreciation and amortization
Impairment of goodwill(Gain) loss on investments in equity securities
Changes in operating assets and liabilities:
Time deposits
Deposits with stock exchanges and other segregated cash
(2)
Trading assets and private equity investments (1)Trading liabilities (1)Securities purchased under agreements to resell, net of
securities
sold under agreements to repurchase
Securities borrowed, net of securities loaned
Other secured borrowings
Loans and receivables, net of allowance for doubtful
accounts (1)Payables (1)Bonus accrual
Other, net
Net cash used in operating activities (2)Cash flows from investing activities:
Payments for purchases of office buildings, land, equipment
and facilities
Proceeds from sales of office buildings, land, equipment andfacilities
Payments for purchases of investments in equity securities
Proceeds from sales of investments in equity securities
Increase in loans receivable at banks, net
Decrease in non-trading debt securities, net
Other, net
Net cash used in investing activities
Cash flows from financing activities:
Increase in long-term borrowings
Decrease in long-term borrowings
Increase in short-term borrowings, net
Increase (decrease) in deposits received at banks, net
Proceeds from sales of common stock held in treasury
Payments for repurchases of common stock in treasury
Payments for cash dividends
Net cash provided by financing activities
Effect of exchange rate changes on cash, cash equivalents,
restricted cash and restricted cash equivalents (2)Net increase (decrease) in cash, cash equivalents, restrictedcash and restricted cash equivalents (2)Cash, cash equivalents, restricted cash and restricted cash
equivalents at beginning of the year (2)-4-224,292(94,711)71,579―(2,683)57,924
81,372
6,983(100,642)

21,832(72,069)

13,752(239,331)
227,302925,384(143,141)(453,239)(3,274,866)

763,297
79,121

1,987,331
1,198(1,006,580)

157,599

209,460(2,957)(143,240)(445,690)(63,683)(46,602)8,463(361,165)(285,161)(319,090)

224,220

262,908(61)
932(105,387)
80,63428,651(56,172)―519(74,048)
29,452(12,244)(112,503)

2,314,609(1,964,657)
215,001(13,254)764(109,096)(70,199)
373,168

2,142,212(1,625,516)
85,900257,471313(51,714)(47,475)
761,191(53,504)

44,741(182,198)

332,264

2,537,066

2,354,868

Cash, cash equivalents, restricted cash and restricted cash
2,354,868
2,687,132
equivalents at end of the year (2)(1) Due to changes in accounting policy which Nomura adopted on April 1, 2018, certain reclassifications ofamounts previously reported amounts have been made to conform to the current year presentation. See (7)Changes in Accounting Policies for further details.
(2) In accordance with Accounting Standards Update 2016-18 “Restricted Cash” which Nomura adopted on
April 1, 2018, certain reclassification of amounts previously reported as cash, cash equivalents, restrictedcash and restricted cash equivalents for the year ended March 31, 2018 have been made to conform to thecurrent year presentation.

-5-

(Corrected)
Millions of yen
For the year ended
March 31, 2018
March 31, 2019
Cash flows from operating activities:
Net income (loss)
Adjustments to reconcile net income (loss) to
Net cash used in operating activities :Depreciation and amortization
Provision for credit losses
Impairment of goodwill(Gain) loss on investments in equity securities(Gain) loss on investments in subsidiaries and affiliates
Loss on disposal of office buildings, land, equipment andfacilities
Changes in operating assets and liabilities:
Deposits with stock exchanges and other segregated cash
(2)
Trading assets and private equity investments (1)Trading liabilities (1)Securities purchased under agreements to resell, net of
securities
sold under agreements to repurchase
Securities borrowed, net of securities loaned
Margin loans and receivables
Payables (1)Bonus accrual
Other, net
Net cash used in operating activities (2)Cash flows from investing activities:
Payments for placements of time deposits
Proceeds from redemption or maturity of time deposits
Payments for purchases of office buildings, land, equipment
and facilities
Proceeds from sales of office buildings, land, equipment andfacilities
Payments for purchases of equity investments
Proceeds from sales of equity investments
Net cash outflows from loans receivable at banks
Payments for purchases or origination of other non-trading
loans
Proceeds from sales or repayments of other non-tradingloans
Net cash outflows from interbank money market loans
Payments for purchases of non-trading debt securities
Proceeds from sales or maturity of non-trading debt securities
Divestures, net of cash disposed of
Payments for purchases of investments in affiliatedcompanies
Proceeds from sales of investments in affiliated companies
Other, net
Net cash used in investing activities
Cash flows from financing activities:
Proceeds from issuances of long-term borrowings
Payments for repurchases or maturity of long-termborrowings
Proceeds from issuances of short-term borrowings
Payments for repurchases or maturity of short-termborrowings-6-

224,292(94,711)71,57949―(2,683)(66,982)

57,924
1,157
81,372
6,983
5,719

3,747

2,455

(72,069)

13,752(219,400)
227,302923,595(143,141)(453,239)(3,274,866)

763,297(920,738)
209,460(2,957)(102,963)(341,305)

1,987,331
474,391(63,683)(46,602)6,314(62,010)(287,509)
178,671(214,787)
232,600(285,161)(319,090)

224,220

262,908(8,185)
13,727(107,214)(5,466)
3,725(72,441)(743,333)(1,012,570)

618,784

693,115(292)(186,557)
268,613(13,125)(278)(140,936)
170,388―(1,000)(13,093)

44,849(13,229)(296,741)

4,803(9,342)(420,464)

2,425,471

2,170,646(1,958,093)(1,701,634)

965,095

1,501,738(695,484)(1,427,749)

Net cash outflows from interbank money market borrowings(53,898)(6,982)
Net cash inflows (outflows) from other secured borrowings(1,188)78,150Net cash inflows (outflows) from deposits received at banks(8,445)254,260
Proceeds from sales of common stock
764
313
Payments for repurchases of common stock(109,096)(51,714)
Payments for cash dividends(70,199)(47,475)
Contributions from noncontrolling interests
23,522
24,416
Distributions to noncontrolling interests(9,097)(23,972)
Net cash provided by financing activities
509,352
769,997
Effect of exchange rate changes on cash, cash equivalents,(53,504)
44,741
restricted cash and restricted cash equivalents (2)Net increase (decrease) in cash, cash equivalents, restricted(182,198)
332,264
cash and restricted cash equivalents (2)Cash, cash equivalents, restricted cash and restricted cash
2,537,066
2,354,868
equivalents at beginning of the year (2)Cash, cash equivalents, restricted cash and restricted cash
2,354,868
2,687,132
equivalents at end of the year (2)(1) Due to changes in accounting policy which Nomura adopted on April 1, 2018, certain reclassifications ofamounts previously reported amounts have been made to conform to the current year presentation. See (7)Changes in Accounting Policies for further details.
(2) In accordance with Accounting Standards Update 2016-18 “Restricted Cash” which Nomura adopted on
April 1, 2018, certain reclassification of amounts previously reported as cash, cash equivalents, restrictedcash and restricted cash equivalents for the year ended March 31, 2018 have been made to conform to thecurrent year presentation.

-7-

Financial Summary – Year ended March 31, 2020
Summary Information
1. Consolidated Operating Results(3) Cash Flows(Original)(Millions of yen)
For the year ended March 31
2019
2020
(361,165)(15,943)

Net cash used in operating activities
Net cash provided by (used in) investing
activities
Net cash provided by financing activities
Cash, cash equivalents, restricted cash andrestricted cash equivalents at end of the year

(112,503)

216,336

761,191

332,0622,687,132

3,192,310(Corrected)(Millions of yen)
For the year ended March 31
2019
2020
(62,010)(94,709)(420,464)(180,541)
769,997
807,705

Net cash used in operating activities
Net cash used in investing activities
Net cash provided by financing activities
Cash, cash equivalents, restricted cash andrestricted cash equivalents at end of the year

2,687,132

3,192,310

Accompanying Materials
1. Overview of Consolidated Operating Results(3) Overview of Cash Flows(Original)
Cash, cash equivalents, restricted cash and restricted cash equivalents as of March 31, 2020, increased by
505.2 billion yen compared to March 31, 2019. Cash flows from operating activities for the year ended March
31, 2020 were outflows of 15.9 billion yen due mainly to the increase in Trading assets and private equity anddebt investments. Cash flows from investing activities for the year ended March 31, 2020 were inflows of
216.3 billion yen due mainly to Decrease in investments in affiliated companies, net. Cash flows from financing
activities for the year ended March 31, 2020 were inflows of 332.1 billion yen due primarily to the increase in
Short-term borrowings, net.

(Corrected)
Cash, cash equivalents, restricted cash and restricted cash equivalents as of March 31, 2020, increased by
505.2 billion yen compared to March 31, 2019. Cash flows from operating activities for the year ended March
31, 2020 were outflows of 94.7 billion yen due mainly to the increase in Trading assets and private equity anddebt investments. Cash flows from investing activities for the year ended March 31, 2020 were outflows of
180.5 billion yen due mainly to Payments for purchases or origination of other non-trading loans. Cash flows
from financing activities for the year ended March 31, 2020 were inflows of 807.7 billion yen due primarily to
Proceeds from issuances of short-term borrowings.

-8-

3. Consolidated Financial Statements(5) Consolidated Statements of Cash Flows(Original)
Millions of yen
For the year ended
March 31, 2019
March 31, 2020
Cash flows from operating activities:
Net income (loss)
Adjustments to reconcile net income (loss) to
Net cash used in operating activities:
Depreciation and amortization
Impairment of goodwill
Loss on investments in equity securities(Gain) loss on investments in subsidiaries and affiliates (1)Changes in operating assets and liabilities:
Time deposits
Deposits with stock exchanges and other segregated cash
Trading assets and private equity and debt investments
Trading liabilities
Securities purchased under agreements to resell, net of
securities
sold under agreements to repurchase
Securities borrowed, net of securities loaned
Other secured borrowings
Loans and receivables, net of allowance for doubtful
accounts
PayablesBonus accrual
Other, net (1)Net cash used in operating activities
Cash flows from investing activities:
Payments for purchases of office buildings, land, equipment
and facilities
Proceeds from sales of office buildings, land, equipment andfacilities
Proceeds from sales of investments in equity securities
Decrease (increase) in loans receivable at banks, net
Decrease (increase) in non-trading debt securities, net
Decrease (increase) in investments in affiliated companies,
net (1)Other, net (1)Net cash provided by (used in) investing activities
Cash flows from financing activities:
Increase in long-term borrowings
Decrease in long-term borrowings
Increase in short-term borrowings, net
Increase (decrease) in deposits received at banks, net
Proceeds from sales of common stock held in treasury
Payments for repurchases of common stock in treasury
Payments for cash dividends
Contribution from noncontrolling interests
Net cash provided by financing activities
Effect of exchange rate changes on cash, cash equivalents,
restricted cash and restricted cash equivalents
Net increase in cash, cash equivalents, restricted cash andrestricted cash equivalents-9-(94,711)219,367

57,924
81,372
6,983
5,719

63,583―
14,726(72,841)

21,832
13,752925,384(143,141)(33,029)(97,424)(2,754,743)
428,997(3,274,866)

2,224,371

1,987,331
1,198

291,777
301,019

157,599(1,358,242)(63,683)(46,602)2,744(361,165)

788,007
16,202(47,713)(15,943)(319,090)(206,745)

262,908

209,197519(74,048)
29,452

13,32343,920(2,359)(8,290)160,799(3,954)(112,503)(1,799)216,336

2,142,212(1,625,516)
85,900257,471313(51,714)(47,475)―
761,191

2,364,260(2,402,621)
656,205(93,260)
285(150,009)(58,416)
15,618332,062

44,741(27,277)

332,264

505,178

Cash, cash equivalents, restricted cash and restricted cash
2,354,868
2,687,132
equivalents at beginning of the year
Cash, cash equivalents, restricted cash and restricted cash
2,687,132
3,192,310
equivalents at end of the year
(1) Certain reclassifications of amounts previously reported amounts have been made to conform to thecurrent year presentation.

- 10 -

(Corrected)
Millions of yen
For the year ended
March 31, 2019
March 31, 2020
Cash flows from operating activities:
Net income (loss)
Adjustments to reconcile net income (loss) to
Net cash used in operating activities:
Depreciation and amortization
Provision for credit losses
Impairment of goodwill
Loss on investments in equity securities(Gain) loss on investments in subsidiaries and affiliates(Gain) loss on disposal of office buildings, land, equipment and facilities
Changes in operating assets and liabilities:
Deposits with stock exchanges and other segregated cash
Trading assets and private equity and debt investments
Trading liabilities
Securities purchased under agreements to resell, net of securities
sold under agreements to repurchase
Securities borrowed, net of securities loaned
Margin loans and receivables
PayablesBonus accrual
Other, net
Net cash used in operating activities(94,711)219,367

57,924
1,157
81,372
6,983
5,719
2,455

63,583
9,091―
14,726(72,841)(3,957)

13,752
923,595(143,141)(97,424)(2,743,850)
428,997(3,274,866)

2,224,371

1,987,331
474,391(63,683)(46,602)6,314(62,010)

291,777(891,891)
788,007
16,202(340,867)(94,709)

Cash flows from investing activities:
Payments for placements of time deposits
Proceeds from redemption or maturity of time deposits
Payments for purchases of office buildings, land, equipment and facilities
Proceeds from sales of office buildings, land, equipment and facilities
Payments for purchases of equity investments
Proceeds from sales of equity investments
Net cash inflows (outflows) from loans receivable at banks
Payments for purchases or origination of other non-trading loans
Proceeds from sales or repayments of other non-trading loans
Net cash inflows (outflows) from interbank money market loans
Payments for purchases of non-trading debt securities
Proceeds from sales or maturity of non-trading debt securities
Divestures, net of cash disposed of
Payments for purchases of investments in affiliated companies
Proceeds from sales of investments in affiliated companies
Other, net
Net cash used in investing activities(214,787)
232,600(319,090)
262,908(5,466)
3,725(72,441)(1,012,570)
693,115(278)(140,936)
170,388―(13,093)
4,803(9,342)(420,464)(433,899)
394,496(206,745)
209,197(16,919)
27,09342,792(1,363,037)
1,011,743
797(129,132)
126,773(70)(1,000)161,799(4,429)(180,541)

Cash flows from financing activities:
Proceeds from issuances of long-term borrowings
Payments for repurchases or maturity of long-term borrowings
Proceeds from issuances of short-term borrowings
Payments for repurchases or maturity of short-term borrowings
Net cash inflows (outflows) from interbank money market borrowings
Net cash inflows from other secured borrowings
Net cash inflows (outflows) from deposits received at banks
Payments for withholding taxes on stock-based compensation
Proceeds from sales of common stock
Payments for repurchases of common stock
Payments for cash dividends
Contributions from noncontrolling interests
Distributions to noncontrolling interests
Net cash provided by financing activities

2,170,646(1,701,634)
1,501,738(1,427,749)(6,982)78,150254,260―
313(51,714)(47,475)
24,416(23,972)
769,997

2,337,144(2,348,848)
2,092,050(1,679,453)
362,634
298,680(87,399)(2,163)285(150,009)(58,416)
70,112(26,912)807,705

44,741(27,277)

332,264

505,178

2,354,868

2,687,132

2,687,132

3,192,310

Effect of exchange rate changes on cash, cash equivalents, restricted cash andrestricted cash equivalents
Net increase in cash, cash equivalents, restricted cash and restricted cash
equivalents
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginningof the year
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of theyear- 11 -

Financial Summary – Year ended March 31, 2021
Summary Information
1. Consolidated Operating Results(3) Cash Flows(Original)(Millions of yen)
For the year ended March 31
2020
2021
Net cash provided by (used in) operating
activities
Net cash provided by (used in) investing
activities
Net cash provided by (used in) financing
activities
Cash, cash equivalents, restricted cash andrestricted cash equivalents at end of the year

(15,943)665,770

216,336(139,026)

332,062(269,927)

3,192,310

3,510,011(Corrected)(Millions of yen)
For the year ended March 31
2020
2021
Net cash provided by (used in) operating
activities
Net cash provided by (used in) investing
activities
Net cash provided by (used in) financing
activities
Cash, cash equivalents, restricted cash andrestricted cash equivalents at end of the year

(94,709)667,610(180,541)

257,932

807,705(668,725)

3,192,310

3,510,011

Accompanying Materials
1. Overview of Consolidated Operating Results(3) Overview of Cash Flows(Original)
Cash, cash equivalents, restricted cash and restricted cash equivalents as of March 31, 2021, increased by
317.7 billion yen compared to March 31, 2020. Cash flows from operating activities for the year ended March
31, 2021 were inflows of 665.8 billion yen due mainly to the decrease in Trading assets and private equity
and debt investments. Cash flows from investing activities for the year ended March 31, 2021 were outflowsof 139.0 billion yen due mainly to the increase in Increase (decrease) in loans receivable at banks, net. Cashflows from financing activities for the year ended March 31, 2021 were outflows of 269.9 billion yen due
primarily to the decrease in Short-term borrowings, net.

(Corrected)
Cash, cash equivalents, restricted cash and restricted cash equivalents as of March 31, 2021, increased by
317.7 billion yen compared to March 31, 2020. Cash flows from operating activities for the year ended March
31, 2021 were inflows of 667.6 billion yen due mainly to the decrease in Trading assets and private equity
and debt investments. Cash flows from investing activities for the year ended March 31, 2021 were inflows of
257.9 billion yen due mainly to Proceeds from sales or repayments of other non-trading loans. Cash flows
from financing activities for the year ended March 31, 2021 were outflows of 668.7 billion yen due primarily
to Net cash outflows from other secured borrowings.

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3. Consolidated Financial Statements(5) Consolidated Statements of Cash Flows(Original)
Millions of yen
For the year ended
March 31, 2020
March 31, 2021
Cash flows from operating activities:
Net income
Adjustments to reconcile net income to
Net cash provided by (used in) operating activities:
Depreciation and amortization(Gain) loss on investments in equity securities(Gain) loss on investments in subsidiaries and affiliates
Gain on disposal of office buildings, land, equipment andfacilities(1)Changes in operating assets and liabilities:
Time deposits
Deposits with stock exchanges and other segregated cash
Trading assets and private equity and debt investments
Trading liabilities
Securities purchased under agreements to resell, net of
securities
sold under agreements to repurchase
Securities borrowed, net of securities loaned
Other secured borrowings
Loans and receivables, net of allowance for doubtful
accounts
PayablesBonus accrual
Other, net (1)Net cash provided by (used in) operating activities
Cash flows from investing activities:
Payments for purchases of office buildings, land, equipment
and facilities
Proceeds from sales of office buildings, land, equipment andfacilities
Proceeds from sales of investments in equity securities
Decrease (increase) in loans receivable at banks, net
Decrease (increase) in non-trading debt securities, net
Business acquisition (1)Decrease (increase) in investments in affiliated companies,
net
Other, net (1)Net cash provided by (used in) investing activities
Cash flows from financing activities:
Increase in long-term borrowings
Decrease in long-term borrowings
Increase (decrease) in short-term borrowings, net
Increase (decrease) in deposits received at banks, net
Proceeds from sales of common stock held in treasury
Payments for repurchases of common stock in treasury
Payments for cash dividends
Contribution from noncontrolling interests
Net cash provided by (used in) financing activities
Effect of exchange rate changes on cash, cash equivalents,
restricted cash and restricted cash equivalents- 13 -

219,367

160,397

63,583
14,726(72,841)

63,846(14,053)
45,086(3,957)(64,730)(33,029)(97,424)(2,754,743)
428,997

43,56013,8781,468,357
777,741

2,224,371(1,453,871)

291,777
301,019(1,242,489)(326,450)(1,358,242)

1,145,429

788,007
16,202(43,756)(15,943)(33,994)
15,84067,223665,770(206,745)(119,875)

209,197

49,642

13,32343,920(2,359)(2,484)

6,502(83,412)38,409(11,152)

160,799(9,182)

685
216,336(9,958)(139,026)

2,364,260(2,402,621)
656,205(93,260)
285(150,009)(58,416)
15,618332,062

2,067,725(2,068,695)(325,237)
126,177215(11)(76,358)
6,257(269,927)(27,277)

60,884

Net increase in cash, cash equivalents, restricted cash and505,178
317,701
restricted cash equivalents
Cash, cash equivalents, restricted cash and restricted cash
2,687,132
3,192,310
equivalents at beginning of the year
Cash, cash equivalents, restricted cash and restricted cash
3,192,310
3,510,011
equivalents at end of the year
(1) Certain reclassifications of amounts previously reported amounts have been made to conform to thecurrent year presentation.

- 14 -

(Corrected)
Millions of yen
For the year ended
March 31, 2020
March 31, 2021
Cash flows from operating activities:
Net income
Adjustments to reconcile net income to
Net cash provided by (used in) operating activities:
Depreciation and amortization
Provision for credit losses(Gain) loss on investments in equity securities(Gain) loss on investments in subsidiaries and affiliates
Gain on disposal of office buildings, land, equipment and facilities
Changes in operating assets and liabilities:
Deposits with stock exchanges and other segregated cash
Trading assets and private equity and debt investments
Trading liabilities
Securities purchased under agreements to resell, net of securities
sold under agreements to repurchase
Securities borrowed, net of securities loaned
Margin loans and receivables
PayablesBonus accrual
Other, net
Net cash provided by (used in) operating activities

219,367

160,397

63,583
9,091
14,726(72,841)(3,957)

63,84638,303(14,053)
45,086(64,730)(97,424)(2,743,850)
428,997

13,878
1,441,539
777,741

2,224,371(1,453,871)

291,777(891,891)
788,007
16,202(340,867)(94,709)(1,242,489)
936,346(33,994)
15,840(16,229)
667,610

Cash flows from investing activities:
Payments for placements of time deposits
Proceeds from redemption or maturity of time deposits
Payments for purchases of office buildings, land, equipment and facilities
Proceeds from sales of office buildings, land, equipment and facilities
Payments for purchases of equity investments
Proceeds from sales of equity investments
Net cash inflows (outflows) from loans receivable at banks
Payments for purchases or origination of other non-trading loans
Proceeds from sales or repayments of other non-trading loans
Net cash inflows (outflows) from interbank money market loans
Payments for purchases of non-trading debt securities
Proceeds from sales or maturity of non-trading debt securities
Acquisitions, net of cash acquired
Divestures, net of cash disposed of
Payments for purchases of investments in affiliated companies
Proceeds from sales of investments in affiliated companies
Other, net
Net cash provided by (used in) investing activities(433,899)
394,496(206,745)
209,197(16,919)
27,09342,792(1,363,037)
1,011,743
797(129,132)
126,773―(70)(1,000)161,799(4,429)(180,541)(239,980)
283,650(119,875)
49,642(20,115)
20,258(83,122)(3,362,619)
3,713,333(355)(124,614)
163,023(11,152)―(12,098)
1,221
735
257,932

Cash flows from financing activities:
Proceeds from issuances of long-term borrowings
Payments for repurchases or maturity of long-term borrowings
Proceeds from issuances of short-term borrowings
Payments for repurchases or maturity of short-term borrowings
Net cash inflows (outflows) from interbank money market borrowings
Net cash inflows (outflows) from other secured borrowings
Net cash inflows (outflows) from deposits received at banks
Payments for withholding taxes on stock-based compensation
Proceeds from sales of common stock
Payments for repurchases of common stock
Payments for cash dividends
Contributions from noncontrolling interests
Distributions to noncontrolling interests
Net cash provided by (used in) financing activities

2,337,144(2,348,848)
2,092,050(1,679,453)
362,634
298,680(87,399)(2,163)285(150,009)(58,416)
70,112(26,912)807,705

2,063,263(2,095,069)
2,929,762(2,865,700)(311,471)(335,372)
36,223(3,856)215(11)(76,358)
24,794(35,145)(668,725)(27,277)

60,884505,178

317,701

2,687,132

3,192,310

3,192,310

3,510,011

Effect of exchange rate changes on cash, cash equivalents, restricted cash andrestricted cash equivalents
Net increase in cash, cash equivalents, restricted cash and restricted cash
equivalents
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginningof the year
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of theyear- 15 -

Financial Summary – Year ended March 31, 2022
Summary Information
1. Consolidated Operating Results(3) Cash Flows(Original)(Millions of yen)
For the year ended March 31
2021
2022
Net cash provided by (used in) operating
activities
Net cash used in investing activities
Net cash provided by (used in) financing
activities
Cash, cash equivalents, restricted cash andrestricted cash equivalents at end of the year

665,770(1,368,710)(139,026)(45,301)(269,927)

1,070,715

3,510,011

3,316,408(Corrected)(Millions of yen)
For the year ended March 31
2021
2022
Net cash provided by (used in) operating
activities
Net cash provided by (used in) investing
activities
Net cash provided by (used in) financing
activities
Cash, cash equivalents, restricted cash andrestricted cash equivalents at end of the year

667,610(862,832)

257,932(593,182)(668,725)

1,112,718

3,510,011

3,316,408

Accompanying Materials
1. Overview of Consolidated Operating Results(3) Overview of Cash Flows(Original)
Cash, cash equivalents, restricted cash and restricted cash equivalents as of March 31, 2022, decreasedby 193.6 billion yen compared to March 31, 2021. Cash flows from operating activities for the year ended
March 31, 2022 were outflows of 1,368.7 billion yen due mainly to the increase in Securities purchased underagreements to resell, net of securities sold under agreements to repurchase. Cash flows from investing
activities for the year ended March 31, 2022 were outflows of 45.3 billion yen due mainly to Increase in loans
receivable at banks, net. Cash flows from financing activities for the year ended March 31, 2022 were inflowsof 1,070.7 billion yen due primarily to Increase in long-term borrowings.

(Corrected)
Cash, cash equivalents, restricted cash and restricted cash equivalents as of March 31, 2022, decreasedby 193.6 billion yen compared to March 31, 2021. Cash flows from operating activities for the year ended
March 31, 2022 were outflows of 862.8 billion yen due mainly to the increase in Securities purchased underagreements to resell, net of securities sold under agreements to repurchase. Cash flows from investing
activities for the year ended March 31, 2022 were outflows of 593.2 billion yen due mainly to Payments forpurchases or origination of other non-trading loans. Cash flows from financing activities for the year ended
March 31, 2022 were inflows of 1,112.7 billion yen due primarily to Proceeds from issuances of long-termborrowings.

- 16 -

3. Consolidated Financial Statements(5) Consolidated Statements of Cash Flows(Original)
Millions of yen
For the year ended
March 31, 2021
March 31, 2022
Cash flows from operating activities:
Net income
Adjustments to reconcile net income to
Net cash provided by (used in) operating activities:
Depreciation and amortization
Gain on investments in equity securities(Gain) loss on investments in subsidiaries and affiliates
Gain on disposal of office buildings, land, equipment andfacilities
Changes in operating assets and liabilities:
Time deposits
Deposits with stock exchanges and other segregated cash
Trading assets and private equity and debt investments
Trading liabilities
Securities purchased under agreements to resell, net of
securities
sold under agreements to repurchase
Securities borrowed, net of securities loaned
Other secured borrowings
Loans and receivables, net of allowance for doubtful
accounts
PayablesBonus accrual
Other, net
Net cash provided by (used in) operating activities
Cash flows from investing activities:
Payments for purchases of office buildings, land, equipment
and facilities
Proceeds from sales of office buildings, land, equipment andfacilities
Proceeds from sales of investments in equity securities
Increase in loans receivable at banks, net
Decrease (increase) in non-trading debt securities, net
Business acquisition
Decrease (increase) in investments in affiliated companies,
net
Other, net
Net cash used in investing activities
Cash flows from financing activities:
Increase in long-term borrowings
Decrease in long-term borrowings
Decrease in short-term borrowings, net
Increase in deposits received at banks, net
Proceeds from sales of common stock held in treasury
Payments for repurchases of common stock in treasury
Payments for cash dividends
Transactions with noncontrolling interests, net
Net cash provided by (used in) financing activities
Effect of exchange rate changes on cash, cash equivalents,
restricted cash and restricted cash equivalents- 17 -

160,397

146,533

63,846(14,053)
45,08659,524(5,446)(79,396)(64,730)(3,490)43,56013,8781,468,357
777,741(23,064)(18,408)
1,254,261(284,747)(1,453,871)(2,220,493)(1,242,489)(326,450)

595,116
2,120

1,145,429(412,429)(33,994)
15,84067,223665,770(247,980)(1,865)(128,946)(1,368,710)(119,875)(111,331)

49,642

94,985

6,502(83,412)38,409(11,152)

2,502(112,782)(51,065)(9,182)

103,437(9,958)(139,026)

28,953(45,301)

2,067,725(2,068,695)(325,237)
126,177215(11)(76,358)
6,257(269,927)

3,895,059(2,670,106)(475,509)
448,099
11(39,650)(70,714)(16,475)
1,070,715

60,884

149,693―

Net increase (decrease) in cash, cash equivalents, restrictedcash and restricted cash equivalents
Cash, cash equivalents, restricted cash and restricted cash
equivalents at beginning of the year
Cash, cash equivalents, restricted cash and restricted cash
equivalents at endof the year

- 18 -

317,701(193,603)

3,192,310

3,510,011

3,510,011

3,316,408

(Corrected)
Millions of yen
For the year ended
March 31, 2021
March 31, 2022
Cash flows from operating activities:
Net income
Adjustments to reconcile net income to
Net cash provided by (used in) operating activities:
Depreciation and amortization
Provision for credit losses
Gain on investments in equity securities(Gain) loss on investments in subsidiaries and affiliates
Gain on disposal of office buildings, land, equipment and facilities
Changes in operating assets and liabilities:
Deposits with stock exchanges and other segregated cash
Trading assets and private equity and debt investments
Trading liabilities
Securities purchased under agreements to resell, net of securities
sold under agreements to repurchase
Securities borrowed, net of securities loaned
Margin loans and receivables
PayablesBonus accrual
Other, net
Net cash provided by (used in) operating activities

160,397

146,533

63,84638,303(14,053)
45,086(64,730)

59,524
8,749(5,446)(79,396)(3,490)13,878
1,441,539
777,741(18,408)
1,229,557(284,747)(1,453,871)(2,220,493)(1,242,489)
936,346(33,994)
15,840(16,229)
667,610595,116
111,468(247,980)(1,865)(151,954)(862,832)

Cash flows from investing activities:
Payments for placements of time deposits
Proceeds from redemption or maturity of time deposits
Payments for purchases of office buildings, land, equipment and facilities
Proceeds from sales of office buildings, land, equipment and facilities
Payments for purchases of equity investments
Proceeds from sales of equity investments
Net cash outflows from loans receivable at banks
Payments for purchases or origination of other non-trading loans
Proceeds from sales or repayments of other non-trading loans
Net cash outflows from interbank money market loans
Payments for purchases of non-trading debt securities
Proceeds from sales or maturity of non-trading debt securities
Acquisitions, net of cash acquired
Payments for purchases of investments in affiliated companies
Proceeds from sales of investments in affiliated companies
Other, net
Net cash provided by (used in) investing activities(239,980)
283,650(119,875)
49,642(20,115)
20,258(83,122)(3,362,619)
3,713,333(355)(124,614)
163,023(11,152)(12,098)
1,221
735
257,932(227,644)
199,475(111,331)
94,985(3,142)
41,089(110,811)(5,695,122)
5,172,221(808)(106,390)
55,325―(5,674)
109,111(4,466)(593,182)

Cash flows from financing activities:
Proceeds from issuances of long-term borrowings
Payments for repurchases or maturity of long-term borrowings
Proceeds from issuances of short-term borrowings
Payments for repurchases or maturity of short-term borrowings
Net cash inflows (outflows) from interbank money market borrowings
Net cash inflows (outflows) from other secured borrowings
Net cash inflows from deposits received at banks
Payments for withholding taxes on stock-based compensation
Proceeds from sales of common stock
Payments for repurchases of common stock
Payments for cash dividends
Contributions from noncontrolling interests
Distributions to noncontrolling interests
Net cash provided by (used in) financing activities

2,063,263(2,095,069)
2,929,762(2,865,700)(311,471)(335,372)
36,223(3,856)215(11)(76,358)
24,794(35,145)(668,725)

3,894,613(2,656,233)
1,743,817(2,164,098)
12,92530,753
372,575(10,816)
11(39,650)(70,714)42,881(43,346)
1,112,718

60,884

149,693317,701(193,603)

3,192,310

3,510,011

3,510,011

3,316,408

Effect of exchange rate changes on cash, cash equivalents, restricted cash andrestricted cash equivalents
Net increase (decrease) in cash, cash equivalents, restricted cash and restrictedcash equivalents
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginningof the year
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of theyear- 19 -

Financial Summary – Year ended March 31, 2024
Summary Information
1. Consolidated Operating Results(3) Cash Flows(Original)(Millions of yen)
For the year ended March 31
2023
2024
Net cash provided by (used in) operating
activities
Net cash used in investing activities
Net cash provided by financing activities
Cash, cash equivalents, restricted cash andrestricted cash equivalents at end of the year

(694,820)

86,626(233,225)
1,283,937(890,676)
1,061,602

3,820,852

4,299,022(Corrected)(Millions of yen)
For the year ended March 31
2023
2024
Net cash provided by (used in) operating
activities
Net cash used in investing activities
Net cash provided by financing activities
Cash, cash equivalents, restricted cash andrestricted cash equivalents at end of the year

(694,820)

132,640(233,225)
1,283,937(887,938)
1,012,850

3,820,852

4,299,022

Accompanying Materials
1. Overview of Consolidated Operating Results(3) Overview of Cash Flows(Original)
Cash, cash equivalents, restricted cash and restricted cash equivalents as of March 31, 2024, increased by
478.2 billion yen compared to March 31, 2023. Cash flows from operating activities for the year ended March
31, 2024 were inflows of 86.6 billion yen due mainly to the increase in Payables. Cash flows from investing
activities for the year ended March 31, 2024 were outflows of 890.7 billion yen due mainly to Payments forpurchases or origination of other non-trading loans. Cash flows from financing activities for the year ended
March 31, 2024 were inflows of 1,061.6 billion yen due primarily to Proceeds from issuances of long-termborrowings.

(Corrected)
Cash, cash equivalents, restricted cash and restricted cash equivalents as of March 31, 2024, increased by
478.2 billion yen compared to March 31, 2023. Cash flows from operating activities for the year ended March
31, 2024 were inflows of 132.6 billion yen due mainly to the increase in Payables. Cash flows from investing
activities for the year ended March 31, 2024 were outflows of 887.9 billion yen due mainly to Payments forpurchases or origination of other non-trading loans. Cash flows from financing activities for the year ended
March 31, 2024 were inflows of 1,012.9 billion yen due primarily to Proceeds from issuances of long-termborrowings.

- 20 -

3. Consolidated Financial Statements(5) Consolidated Statements of Cash Flows(Original)
Millions of yen
For the year ended
March 31, 2023
March 31, 2024
Cash flows from operating activities:
Net income
Adjustments to reconcile net income to
Net cash provided by (used in) operating activities:
Depreciation and amortization
Provision for credit losses(Gain) loss on investments in equity securities
Gain on investments in subsidiaries and affiliates
Loss on disposal of office buildings, land, equipment and facilities
Changes in operating assets and liabilities:
Deposits with stock exchanges and other segregated cash
Trading assets and private equity and debt investments
Trading liabilities
Securities purchased under agreements to resell, net of securities
sold under agreements to repurchase
Securities borrowed, net of securities loaned
Margin loans and receivables
PayablesBonus accrual
Other, net
Net cash provided by (used in) operating activities

91,676

177,220

61,424(4,047)
1,426(23,889)344

61,34013,910(9,612)
(968)
2,670

170,632(1,623,037)
467,257

16,465(386,474)(411,843)(590,424)

290,843

834,438
472,811(139,417)(3,319)(410,695)(694,820)(324,095)(276,058)
709,839
26,480196,90986,626

Cash flows from investing activities:
Payments for placements of time deposits
Proceeds from redemption or maturity of time deposits
Payments for purchases of office buildings, land, equipment and facilities
Proceeds from sales of office buildings, land, equipment and facilities
Payments for purchases of equity investments
Proceeds from sales of equity investments
Net cash outflows from loans receivable at banks
Payments for purchases or origination of other non-trading loans
Proceeds from sales or repayments of other non-trading loans
Net cash outflows from interbank money market loans
Payments for purchases of non-trading debt securities
Proceeds from sales or maturity of non-trading debt securities
Acquisitions, net of cash acquired
Divestures, net of cash disposed of
Payments for purchases of investments in affiliated companies
Proceeds from sales of investments in affiliated companies
Other, net
Net cash used in investing activities(344,117)284,705(171,165)
63,648(4,471)
52,299(84,362)(4,702,061)
4,486,651(62)(45,910)
205,468―
16,950(25,119)
43,299(8,978)(233,225)(636,813)
551,669(145,784)
109,443(12,762)
40,497(112,224)(4,302,524)
3,622,991―(112,438)
135,690(457)―(29,778)900
914(890,676)

Cash flows from financing activities:
Proceeds from issuances of long-term borrowings
Payments for repurchases or maturity of long-term borrowings
Proceeds from issuances of short-term borrowings
Payments for repurchases or maturity of short-term borrowings
Net cash inflows (outflows) from interbank money market borrowings
Net cash inflows (outflows) from other secured borrowings
Net cash inflows from deposits received at banks
Payments for withholding taxes on stock-based compensation
Proceeds from sales of common stock
Payments for repurchases of common stock
Payments for cash dividends
Contributions from noncontrolling interests
Distributions to noncontrolling interests
Net cash provided by financing activities

2,208,422(1,115,171)
2,630,083(2,694,588)
48,197(52,915)
328,867(9,060)
4(24,728)(57,262)
59,718(37,630)
1,283,937

3,202,737(2,170,655)
1,894,565(1,866,998)(88,288)
107,311
107,532(12,669)953(61,029)(60,164)
69,231(60,924)
1,061,602

148,552

220,618

504,444478,170

3,316,408

3,820,852

3,820,852

4,299,022

Effect of exchange rate changes on cash, cash equivalents, restricted cash andrestricted cash equivalents
Net increase in cash, cash equivalents, restricted cash and restricted cash
equivalents
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginningof the year
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of theyear- 21 -

(Corrected)
Millions of yen
For the year ended
March 31, 2023
March 31, 2024
Cash flows from operating activities:
Net income
Adjustments to reconcile net income to
Net cash provided by (used in) operating activities:
Depreciation and amortization
Provision for credit losses(Gain) loss on investments in equity securities
Gain on investments in subsidiaries and affiliates
Loss on disposal of office buildings, land, equipment and facilities
Changes in operating assets and liabilities:
Deposits with stock exchanges and other segregated cash
Trading assets and private equity and debt investments
Trading liabilities
Securities purchased under agreements to resell, net of securities
sold under agreements to repurchase
Securities borrowed, net of securities loaned
Margin loans and receivables
PayablesBonus accrual
Other, net
Net cash provided by (used in) operating activities

91,676

177,220

61,424(4,047)
1,426(23,889)344

61,34013,910(9,612)
(968)
2,670

170,632(1,623,037)
467,257

16,465(386,474)(411,843)(590,424)

290,843

834,438
472,811(139,417)(3,319)(410,695)(694,820)(324,095)(276,058)
709,839
26,480242,923
132,640

Cash flows from investing activities:
Payments for placements of time deposits
Proceeds from redemption or maturity of time deposits
Payments for purchases of office buildings, land, equipment and facilities
Proceeds from sales of office buildings, land, equipment and facilities
Payments for purchases of equity investments
Proceeds from sales of equity investments
Net cash outflows from loans receivable at banks
Payments for purchases or origination of other non-trading loans
Proceeds from sales or repayments of other non-trading loans
Net cash outflows from interbank money market loans
Payments for purchases of non-trading debt securities
Proceeds from sales or maturity of non-trading debt securities
Acquisitions, net of cash acquired
Divestures, net of cash disposed of
Payments for purchases of investments in affiliated companies
Proceeds from sales of investments in affiliated companies
Other, net
Net cash used in investing activities(344,117)284,705(171,165)
63,648(4,471)
52,299(84,362)(4,702,061)
4,486,651(62)(45,910)
205,468―
16,950(25,119)
43,299(8,978)(233,225)(650,562)
567,599(145,784)
111,954(14,716)
40,497(112,224)(4,286,507)
3,606,974―(112,438)
135,690(457)―(29,778)900
914(887,938)

Cash flows from financing activities:
Proceeds from issuances of long-term borrowings
Payments for repurchases or maturity of long-term borrowings
Proceeds from issuances of short-term borrowings
Payments for repurchases or maturity of short-term borrowings
Net cash inflows (outflows) from interbank money market borrowings
Net cash inflows (outflows) from other secured borrowings
Net cash inflows from deposits received at banks
Payments for withholding taxes on stock-based compensation
Proceeds from sales of common stock
Payments for repurchases of common stock
Payments for cash dividends
Contributions from noncontrolling interests
Distributions to noncontrolling interests
Net cash provided by financing activities

2,208,422(1,115,171)
2,630,083(2,694,588)
48,197(52,915)
328,867(9,060)
4(24,728)(57,262)
59,718(37,630)
1,283,937

3,064,698(2,101,758)
1,964,955(1,866,998)(88,288)
57,311
107,532(12,669)953(61,029)(60,164)
69,231(60,924)
1,012,850

148,552

220,618

504,444478,170

3,316,408

3,820,852

3,820,852

4,299,022

Effect of exchange rate changes on cash, cash equivalents, restricted cash andrestricted cash equivalents
Net increase in cash, cash equivalents, restricted cash and restricted cash
equivalents
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginningof the year
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of theyear- 22 -