SoftBank Results Presentation Deck slide image

SoftBank Results Presentation Deck

Consolidated C/F Summary (IFRSs) FY21 FY22 Q1-Q2 Q1-Q2 C/F item C/F from operating +2,078.2 +555.5 -1,522.7 activities C/F from investing -1,956.7 +271.3 +2,228.0 activities C/F from financing activities +254.4 -578.3 Effect of FX rate changes Increase in cash and cash equivalents Opening balance 4,662.7 5,169.0 Closing balance 5,093.4 5,886.2 Change +54.7 +468.7 +430.6 +717.2 -832.8 Primary details for FY22Q1-Q2 Subtotal of cash flows from operating activities +875.8 -254.8 Income taxes paid +108.9 Income taxes refunded -173.8 +521.0 -336.7 +454.4 -342.7 Payments for acquisition of investments +10.2 Proceeds from sales/redemption of investments Payments for acquisition of investments by SVF Proceeds from sales of investments by SVF (B) C/F from operating activities: -¥1,522.7B yoy Decrease in SB Northstar's cash inflows: -¥1,674.5B Decrease in income taxes paid (cash outflows): +¥438.5B FY21Q1-Q2: Payment of corporate taxes on taxable income at SoftBank Group Japan Corporation in FY20, which included gains on sale of SBKK shares Purchase of property, plant and equipment, and intangible assets Proceeds in short-term interest- bearing debt, net +4,597.5 Proceeds from interest-bearing debt -3,955.9 Repayment of interest-bearing debt Distribution/repayment from -347.7 SVF to third-party investors -523.1 Purchase of treasury stock -36.2 Cash dividends paid -162.3 Cash dividends paid to non-controlling interests Reference The physical settlements of prepaid forward contracts of Alibaba shares are non-cash transactions. There is no impact on consolidated cash flows. • ● Proceeds from sales/redemption of investments: +¥521.0B • Sold T-Mobile shares to Deutsche Telekom due to Deutsche Telekom's partial exercise of call options: +¥309.7B (+$2.4B) ● Sold SoFi Technologies shares: +¥90.8B (+$0.65B) Payments for acquisition of investments by SVF: -¥336.7B — SoftBank ● SVF2 -¥298.2B (-$2.30B) • LatAm Funds -¥31.4B (-$0.24B) SVF1 -7.1B (-$0.06B) Proceeds from sales of investments by SVF: +¥454.4B SVF1 sold all of its shares in Uber and others, and portions of multiple investments for ¥371.2B ($2.82B) • SVF2 sold all of its shares in KE Holdings and others, and portions of multiple investments for ¥82.8B ($0.64B) ● Group Proceeds from interest-bearing debt: +¥4,597.5B (SBG) Short-term borrowings: +¥256.9B (Wholly owned subsidiaries conducting fund procurement) • Borrowing made through asset-backed finance using Arm shares: +¥180.7B (+$1.4B) . Procurement through Alibaba prepaid forward contracts: +¥2,443.5B (+$18.35B) (SVF) SVF1 borrowed through asset-backed finance: +¥580.7B (+$4.5B). Repayment of interest-bearing debt: -¥3,955.9B (SBG) • Repaid short-term borrowings: -¥793.9, entire senior loans : -¥325.2B (Wholly owned subsidiaries conducting fund procurement) • Fully repaid Alibaba margin loan : -¥797.8B (-$6.0B) • Repaid T-Mobile margin loan (made in FY21): -¥274.5B (-$2.06B) • Repaid asset-backed finance using Arm shares: -¥116.1B (-$0.9B) (SVF) • Repaid borrowings made through asset-backed finance: SVF1 -¥357.5B (-$2.77B), SVF2 -¥28.9B (-$0.22B) Accounting 24
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