Hearts and Minds Investments Limited (ASX:HM1)

ASX:HM1 Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Net Income	106.82	50.93	32.73	-94.84	-12.46
Loss (Gain) From Sale of Investments	-152.76	-77.38	-50.18	137.69	-
Other Operating Activities	-3.8	1.02	-2.04	-11.03	10.62
Change in Accounts Receivable	-0	0.62	-0.7	0.11	0.13
Change in Accounts Payable	0.19	0.04	0.01	0.09	-
Change in Income Taxes	7.88	-	10.54	-60.39	-57.36
Change in Other Net Operating Assets	1.71	0.72	-0.15	-0.5	1.48
Operating Cash Flow	-2.55	-3.3	7.6	-60.89	-56.91
Investment in Securities	4.32	42.57	-43.86	73.57	161.32
Investing Cash Flow	4.32	42.57	-43.86	73.57	161.32
Common Dividends Paid	-35.49	-31.57	-28.56	-25.28	-22.46
Financing Cash Flow	-35.49	-31.57	-28.56	-25.28	-22.46
Foreign Exchange Rate Adjustments	3.8	-1.02	2.04	11.03	-10.62
Net Cash Flow	-29.92	6.68	-62.78	-1.56	71.33
Cash Interest Paid	-	0	0	0.05	0.01
Cash Income Tax Paid	-0.03	-0	-15	50.87	50.03
Levered Free Cash Flow	109.45	53.15	47.56	-129.05	5.12
Unlevered Free Cash Flow	109.45	53.15	47.56	-129.01	5.13
Change in Working Capital	47.19	22.13	27.09	-92.7	-55.06

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.