Quarterly Balance Sheet

FLIGHT SOLUTIONS Inc. - Filing #7715833

Concept	As at 2018-12-31	As at 2018-03-31
Quarterly balance sheet
Balance sheet
Assets
Current assets
Cash and deposits	467,148,000 JPY	588,860,000 JPY
Work in process	56,811,000 JPY	13,435,000 JPY
Raw materials and supplies	17,730,000 JPY	11,127,000 JPY
Other	51,354,000 JPY	78,134,000 JPY
Allowance for doubtful accounts	-1,000,000 JPY	-1,000,000 JPY
Current assets	709,788,000 JPY	1,159,575,000 JPY
Non-current assets
Property, plant and equipment	35,700,000 JPY	24,181,000 JPY
Property, plant and equipment
Intangible assets	5,872,000 JPY	13,429,000 JPY
Intangible assets
Investments and other assets	65,324,000 JPY	63,647,000 JPY
Investments and other assets
Non-current assets	106,897,000 JPY	101,258,000 JPY
Assets	816,685,000 JPY	1,260,834,000 JPY
Liabilities
Current liabilities
Short-term borrowings	40,883,000 JPY	96,405,000 JPY
Other	111,311,000 JPY	54,777,000 JPY
Current liabilities	203,768,000 JPY	286,155,000 JPY
Non-current liabilities
Long-term borrowings	211,120,000 JPY	200,206,000 JPY
Asset retirement obligations	14,858,000 JPY	12,758,000 JPY
Other	4,231,000 JPY	3,880,000 JPY
Non-current liabilities	230,209,000 JPY	216,844,000 JPY
Liabilities	433,978,000 JPY	503,000,000 JPY
Net assets
Shareholders' equity
Share capital	1,205,123,000 JPY	1,205,123,000 JPY
Capital surplus	1,195,798,000 JPY	1,195,798,000 JPY
Retained earnings	-2,017,763,000 JPY	-1,643,864,000 JPY
Treasury shares	-1,360,000 JPY	-1,299,000 JPY
Shareholders' equity	381,798,000 JPY	755,758,000 JPY
Valuation and translation adjustments
Valuation and translation adjustments	908,000 JPY	2,075,000 JPY
Net assets	382,707,000 JPY	757,834,000 JPY
Liabilities and net assets	816,685,000 JPY	1,260,834,000 JPY