Heartland Group Holdings Cash Flow Statement

Financials in millions NZD. Fiscal year is July - June.

Millions NZD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	84.05	38.81	74.55	95.87	95.13	87.03
Depreciation & Amortization	8.96	9.54	7.74	7.08	7.87	8.11
Other Amortization	11.37	11.51	5.52	5.68	5.92	9.31
Gain (Loss) on Sale of Investments	-	-	-	-	13	-4.09
Total Asset Writedown	-4.22	-10.42	-8.71	-1.74	-	-
Provision for Credit Losses	36.84	73.39	46.31	22.89	13.82	14.97
Change in Income Taxes	30.74	-16.1	-22.86	-14.79	14.6	-4.86
Change in Other Net Operating Assets	155.11	231.16	-175.39	-293.71	-685.51	-285.04
Other Operating Activities	-260.51	-260.38	-150.99	-89.08	-134.64	-93.29
Operating Cash Flow	62.33	77.51	-223.84	-267.8	-669.8	-264.87
Capital Expenditures	-4.13	-3.72	-18.84	-23.42	-9.81	-7.56
Sale of Property, Plant and Equipment	9.6	-	-	-	-	-
Cash Acquisitions	-	1.4	290.71	-	-159.92	-
Investment in Securities	148.69	307.24	-390.91	-39.56	75.53	23.28
Investing Cash Flow	154.63	304.93	-119.05	-63.05	-94.2	15.71
Long-Term Debt Issued	-	424.61	1,075	769.21	1,181	391.48
Long-Term Debt Repaid	-	-1,636	-999.23	-906.09	-637.77	-2.23
Net Debt Issued (Repaid)	-843.19	-1,212	75.4	-136.88	542.99	389.26
Issuance of Common Stock	-	-	187.5	-	-	-
Common Dividends Paid	-28.82	-33.75	-65.5	-60	-58.05	-30.34
Net Increase (Decrease) in Deposit Accounts	664.61	586.55	559.21	522.31	407.48	-74.61
Financing Cash Flow	-207.4	-658.7	756.61	325.43	892.42	284.31
Foreign Exchange Rate Adjustments	3.9	-1.97	-1.8	-	-	-
Net Cash Flow	13.47	-278.22	411.93	-5.43	128.43	35.15
Free Cash Flow	58.21	73.8	-242.68	-291.22	-679.61	-272.43
Free Cash Flow Margin	18.86%	29.43%	-99.49%	-111.12%	-267.78%	-115.33%
Free Cash Flow Per Share	0.06	0.08	-0.32	-0.42	-1.15	-0.47
Cash Interest Paid	365.07	410.83	256.68	138.33	100.47	85.06
Cash Income Tax Paid	5.46	31.13	41.69	44.06	32.99	34

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.