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 24View entire presentation