Heartland Financial USA Cash Flow Statement

Financials in millions EUR. Fiscal year is April - March.

Millions EUR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Net Income	106.7	122.97	180.62	131.84	61.44	Upgrade
Depreciation & Amortization	1.58	1.24	0.79	0.71	0.41	Upgrade
Other Amortization	0.17	0.17	0.17	0.15	-0.13	Upgrade
Gain (Loss) on Sale of Assets	-0.39	0.4	-0.14	-0.33	-0.83	Upgrade
Gain (Loss) on Sale of Investments	0.02	0.1	0.09	0.22	-2.51	Upgrade
Asset Writedown	-27.83	-51.37	-55.92	-23.11	5.96	Upgrade
Change in Accounts Receivable	-1.24	-3.88	-9.81	4.63	-3.3	Upgrade
Change in Accounts Payable	-3.01	-6.09	6.62	-6.57	8.16	Upgrade
Change in Other Net Operating Assets	0.67	0.64	12.14	-4.53	-0.4	Upgrade
Other Operating Activities	13.07	16.49	-41.64	-33.16	-0.99	Upgrade
Operating Cash Flow	95.46	75.86	93.69	81.17	62.32	Upgrade
Operating Cash Flow Growth	25.83%	-19.03%	15.43%	30.25%	16.66%	Upgrade
Acquisition of Real Estate Assets	-31.06	-98.71	-79.2	-25.55	-107.01	Upgrade
Sale of Real Estate Assets	7.78	12.26	9.54	37.83	43.34	Upgrade
Net Sale / Acq. of Real Estate Assets	-23.29	-86.46	-69.66	12.28	-63.67	Upgrade
Investment in Marketable & Equity Securities	-	-2.63	-	-5.61	-2.25	Upgrade
Other Investing Activities	0.01	0.13	2.67	-1.03	-	Upgrade
Investing Cash Flow	-24.01	-92.29	-69.56	2.97	-66.41	Upgrade
Long-Term Debt Issued	142.35	223.25	197.2	113.8	153.25	Upgrade
Long-Term Debt Repaid	-165.43	-151.46	-222.09	-144.48	-189.94	Upgrade
Net Debt Issued (Repaid)	-23.08	71.79	-24.89	-30.68	-36.69	Upgrade
Issuance of Common Stock	19.74	16.9	55	-	-	Upgrade
Common Dividends Paid	-71.88	-69.02	-60.84	-57	-53.4	Upgrade
Other Financing Activities	-0.4	-0.27	9.25	1.35	-0.22	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	-	-	0	Upgrade
Net Cash Flow	-4.17	2.96	2.65	-2.2	-94.4	Upgrade
Cash Interest Paid	19.16	22.22	16.89	17.63	19.14	Upgrade
Cash Income Tax Paid	2.45	1.59	-7.51	4.09	2.88	Upgrade
Levered Free Cash Flow	53.28	40.96	60.37	48.4	35.3	Upgrade
Unlevered Free Cash Flow	65.75	54.3	72.09	59.8	48.3	Upgrade
Change in Net Working Capital	7.77	13.73	-12.96	-1.94	6.36	Upgrade

Updated Nov 18, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.