Heartland Financial USA Cash Flow Statement

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

Millions BDT. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Net Income	-934.42	-935.88	80.52	92.69	115.82	37.69	Upgrade
Depreciation & Amortization	45.8	45.8	43.45	45.93	39.35	24.4	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	-	-1.2	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	-	-17.2	Upgrade
Reinsurance Recoverable	-	-	-	-	-	66.99	Upgrade
Change in Insurance Reserves / Liabilities	-	-	-	-	-	-12.19	Upgrade
Change in Other Net Operating Assets	-	-	-	-	-	37.37	Upgrade
Other Operating Activities	975.57	974.66	-104.18	-38.73	-32.03	-30.94	Upgrade
Operating Cash Flow	86.95	84.58	19.79	99.89	123.15	104.92	Upgrade
Operating Cash Flow Growth	6632.21%	327.42%	-80.19%	-18.89%	17.37%	106.79%	Upgrade
Capital Expenditures	-10.69	-10.69	-6.87	-16.29	-34.89	-12.12	Upgrade
Sale of Property, Plant & Equipment	1.64	1.64	2.52	1.63	6.23	5.19	Upgrade
Investment in Securities	-32.8	-19.59	31.27	23.08	-13.03	-14.09	Upgrade
Investing Cash Flow	-41.85	-28.64	26.91	8.43	-41.69	-21.02	Upgrade
Long-Term Debt Issued	-	-	51.79	32.8	65.28	-	Upgrade
Total Debt Issued	-27.81	-	51.79	32.8	65.28	-	Upgrade
Total Debt Repaid	-17.11	-17.11	-	-	-	-86.15	Upgrade
Net Debt Issued (Repaid)	-44.91	-17.11	51.79	32.8	65.28	-86.15	Upgrade
Common Dividends Paid	-54.03	-54.03	-64.83	-67.53	-64.83	-59.43	Upgrade
Financing Cash Flow	-98.94	-71.14	-13.04	-34.74	0.44	-145.58	Upgrade
Net Cash Flow	-53.84	-15.2	33.66	73.58	81.91	-61.68	Upgrade
Free Cash Flow	76.26	73.89	12.91	83.6	88.26	92.81	Upgrade
Free Cash Flow Growth	-	472.15%	-84.55%	-5.28%	-4.90%	113.46%	Upgrade
Free Cash Flow Margin	11.08%	10.61%	1.98%	13.11%	14.32%	18.29%	Upgrade
Free Cash Flow Per Share	1.41	1.37	0.24	1.55	1.63	1.72	Upgrade
Cash Income Tax Paid	16.83	16.31	21.28	9.66	33.01	19.01	Upgrade
Levered Free Cash Flow	-542.79	-532.47	52.21	105.48	154.02	144.52	Upgrade
Unlevered Free Cash Flow	-525.07	-514.75	65.8	113.08	161.52	151.47	Upgrade
Change in Working Capital	-	-	-	-	-	92.18	Upgrade

Updated Sep 9, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.