Heartland Group Holdings Cash Flow Statement

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

Millions NZD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	38.81	74.55	95.87	95.13	87.03
Depreciation & Amortization	9.54	7.74	7.08	7.87	8.11
Other Amortization	11.51	5.52	5.68	5.92	9.31
Gain (Loss) on Sale of Investments	-	-	-	13	-4.09
Total Asset Writedown	-10.42	-8.71	-1.74	-	-
Provision for Credit Losses	73.39	46.31	22.89	13.82	14.97
Change in Income Taxes	-16.1	-22.86	-14.79	14.6	-4.86
Change in Other Net Operating Assets	231.16	-175.39	-293.71	-685.51	-285.04
Other Operating Activities	-260.38	-150.99	-89.08	-134.64	-93.29
Operating Cash Flow	77.51	-223.84	-267.8	-669.8	-264.87
Capital Expenditures	-3.72	-18.84	-23.42	-9.81	-7.56
Cash Acquisitions	1.4	290.71	-	-159.92	-
Investment in Securities	307.24	-390.91	-39.56	75.53	23.28
Investing Cash Flow	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)	-1,212	75.4	-136.88	542.99	389.26
Issuance of Common Stock	-	187.5	-	-	-
Common Dividends Paid	-33.75	-65.5	-60	-58.05	-30.34
Net Increase (Decrease) in Deposit Accounts	586.55	559.21	522.31	407.48	-74.61
Financing Cash Flow	-658.7	756.61	325.43	892.42	284.31
Foreign Exchange Rate Adjustments	-1.97	-1.8	-	-	-
Net Cash Flow	-278.22	411.93	-5.43	128.43	35.15
Free Cash Flow	73.8	-242.68	-291.22	-679.61	-272.43
Free Cash Flow Margin	29.43%	-99.49%	-111.12%	-267.78%	-115.33%
Free Cash Flow Per Share	0.08	-0.32	-0.42	-1.15	-0.47
Cash Interest Paid	410.83	256.68	138.33	100.47	85.06
Cash Income Tax Paid	31.13	41.69	44.06	32.99	34

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