	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023
Cash flows from operating activities	96.5	40.5	85.0	65.1	171.6	112.2
Cash flows from investing activities	-42.2	-35.7	-35.7	-138.8	29.2	12.4
Cash flows from financing activities	-74.9	-12.2	-40.6	46.9	-230.4	-186.5
Free cash flows	54.3	4.8	49.3	-73.7	200.8	124.6
Core cash flows*1	63.1	4.8	-8.0	10.5	135.6	-62.8
Core operating cash flows	79.1	80.2	60.2	128.7	145.2	109.2
Cash and cash equivalent at the end of the year	285.7	272.7	287.6	271.7	247.3	196.3

*Sojitz Corporation has voluntarily adopted the International Financial Reporting Standards (IFRS) instead of Japanese accounting standards from the consolidated financial statements of the annual report for the fiscal year ended March 31, 2013.
1. Core cash flow = Core operating cash flow =Cash flow after deducting changes in working capital from operating cash flows calculated for accounting purposes
2. Core operating cash flow: Cash flow after deducting changes in working capital from operating cash flows calculated for accounting purposes.

Consolidated Cash Flow