Heartland Financial USA Balance Sheet

Financials in millions AED. Fiscal year is January - December.

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	105.14	35.37	103.08
Cash & Short-Term Investments	105.14	35.37	103.08
Cash Growth	-	-65.69%	-
Accounts Receivable	646.95	665.1	572.16
Other Receivables	1.21	0.91	1.5
Receivables	648.16	666.02	573.67
Inventory	232.38	170.95	269.05
Prepaid Expenses	45.21	48.66	35.56
Other Current Assets	23.58	7	12.94
Total Current Assets	1,054	928	994.3
Property, Plant & Equipment	16.12	16.63	46.99
Other Long-Term Assets	15.95	15.95	176.74
Total Assets	1,087	960.57	1,218
Accounts Payable	309.68	254.13	233.96
Accrued Expenses	128.93	131.97	130.79
Short-Term Debt	41.1	12.45	-
Current Portion of Long-Term Debt	2.76	0.94	10.36
Current Income Taxes Payable	15.85	12.66	-
Current Unearned Revenue	3.53	3.57	2.5
Other Current Liabilities	270.06	269.78	250.3
Total Current Liabilities	771.91	685.5	627.9
Long-Term Debt	7.74	2.12	2.98
Total Liabilities	825.99	731.94	670.49
Common Stock	30	30	3
Retained Earnings	230.56	198.62	544.54
Shareholders' Equity	260.56	228.62	547.54
Total Liabilities & Equity	1,087	960.57	1,218
Total Debt	51.6	15.51	13.33
Net Cash (Debt)	53.55	19.86	89.74
Net Cash Growth	-	-77.87%	-
Net Cash Per Share	0.05	0.04	-
Filing Date Shares Outstanding	1,000	1,000	-
Total Common Shares Outstanding	1,000	1,000	-
Working Capital	282.57	242.49	366.4
Book Value Per Share	0.26	0.23	-
Tangible Book Value	260.56	228.62	547.54
Tangible Book Value Per Share	0.26	0.23	-
Land	-	-	1.78
Buildings	-	28.36	69.74
Machinery	-	30.46	41.26
Leasehold Improvements	-	6.02	7.72

Source: S&P Global Market Intelligence. Standard template. Financial Sources.