FY2024 1st Quarter (April 1-June 30) Financial Statements

JERA Co., Inc.
· Condensed Quarterly Consolidated Statement of Profit or
Loss· Condensed Quarterly Consolidated Statement of FinancialPosition· Condensed Quarterly Consolidated Statement of CashFlows

Condensed quarterly consolidated statement of profit or loss
（From April 1, 2024 to Jun 30, 2024）(Unit: Millions of yen)
Item

AmountRevenue

765,983

Cost of sales(595,830)

Gross profit

170,152

Selling, general and administrative expenses(47,279)

Other income

7,330

Other expenses(6,220)Share of profit (loss) of investments accounted for using equity method

10,441

Operating profit

134,423

Finance income

20,645

Finance costs(18,786)

Profit before tax

136,283

Income tax expense(22,234)

Profit for the period

114,048

Profit for the period attributable toOwners of parent

93,417

Non-controlling interests

20,631

Profit for the period

114,048

Condensed Quarterly Consolidated Statement of Financial Position(As of Jun 30, 2024)(Unit: Millions of yen)

Item

AmountAssetsItem

AmountLiabilities and equity

Current assets

Liabilities

Cash and cash equivalents

1,502,357Trade and other receivables

567,330

Trade and other payables

628,311Inventories

378,590

Bonds and borrowings

527,932

Derivative assets

640,960

Lease liabilities

81,884

Other financial assets

91,006

Derivative liabilities

529,884

Other current assets

114,586

Other financial liabilities

83,546

3,294,832

Other current liabilities

129,115

Total current assets
Non-current assets
Property, plant and equipment

Current liabilities

Total current liabilities
2,808,602

1,980,675

Non-current liabilities

Right-of-use assets

472,298

Bonds and borrowings

Goodwill and intangible assets

257,385

Lease liabilities

391,919

Derivative liabilities

156,124

Investments accounted for using equity method

1,318,646

2,646,092

Derivative assets

254,984

Other financial liabilities

227,707

Other financial assets

174,572

Deferred tax liabilities

108,456

Deferred tax assets

103,183

Other non-current liabilities

160,678

Other non-current assets

24,165

Total non-current assets

5,413,838

Total non-current liabilities

3,690,979

Total liabilities

5,671,655

EquityShare capital

100,000Capital surplus

1,236,584

Other equity instruments

199,392

Retained earnings

812,144

Other components of equity

601,181

Total equity attributable to owners of parent
Non-controlling interests

Total assets

2,949,303
87,712

Total equity

3,037,015

8,708,671 Total liabilities and equity

8,708,671

Condensed Quarterly Consolidated Statement of Cash Flows(From April 1, 2024 to June 30, 2024)
Item
Cash flows from operating activities
Profit before tax
Depreciation and amortization
Finance income and finance costs
Share of loss (profit) of investments accounted for using equity method
Decrease (increase) in trade and other receivables
Decrease (increase) in inventories
Increase (decrease) in trade and other payables
Increase (decrease) in derivative assets and derivative liabilities
Decrease (increase) in other financial assets
Increase (decrease) in other financial liabilities
Other
Subtotal
Dividends received
Interest received
Interest paid
Income taxes refund (paid)
Cash flows from operating activities
Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Proceeds from sale of investment securities
Purchase of shares of subsidiaries resulting in change in scope of consolidation
Other
Cash flows from investing activities
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Net increase (decrease) in commercial paper
Proceeds from long-term borrowings
Repayments of long-term borrowings
Proceeds from issuance of bonds
Repayments of lease liabilities
Dividends paid
Dividends paid to non-controlling interests
Proceeds from sale of shares of subsidiaries not resulting in change in scope of consolidation
Distributions to holders of other equity instruments
Proceeds from issuance of other equity instruments
Other
Cash flows from financing activities
Effect of exchange rate changes on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period(Unit: Millions of yen)Amount136,283
78,922(7,182)(10,441)
96,446(66,766)(45,831)(40,486)
15,582(26,164)(112,021)
18,34010,622
16,187(10,068)(28,138)
6,944(37,094)484(8,835)(4,738)
4,549
0
(428)
(46,062)
12,6630
20,831(67,244)
65,811(22,537)-(1,293)59,226-0(13)67,444
68,64396,9691,405,387
1,502,357