Heimar hf. (ICE:HEIMAR)

Heimar Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	5,086	8,233	3,818	2,914	6,171	1,274
Depreciation & Amortization	63	57	35	21	15	19
Gain (Loss) on Sale of Assets	-289	-289	85	-126	-227	-133
Asset Writedown	-3,337	-8,152	-6,518	-5,993	-6,935	-1,475
Income (Loss) on Equity Investments	-869	-889	-581	-205	-	-
Change in Other Net Operating Assets	-279	451	-27	-65	83	-471
Other Operating Activities	5,047	6,505	8,643	8,365	5,055	2,880
Operating Cash Flow	5,422	5,916	5,455	4,911	4,162	2,094
Operating Cash Flow Growth	-3.90%	8.45%	11.08%	18.00%	98.76%	-35.94%
Acquisition of Real Estate Assets	-7,226	-3,608	-4,461	-11,792	-4,583	-4,382
Sale of Real Estate Assets	3,260	3,234	1,215	5,069	1,454	121
Net Sale / Acq. of Real Estate Assets	-3,966	-374	-3,246	-6,723	-3,129	-4,261
Cash Acquisition	64	-	-	-	-	-
Investment in Marketable & Equity Securities	-	-	-	-3,021	-	-
Other Investing Activities	617	368	200	265	574	-137
Investing Cash Flow	-3,285	-6	-3,046	-9,479	-2,555	-4,398
Long-Term Debt Issued	-	2,088	7,555	14,959	31,157	30,397
Total Debt Issued	10,365	2,088	7,555	14,959	31,157	30,397
Long-Term Debt Repaid	-	-5,890	-8,163	-10,059	-33,360	-26,859
Total Debt Repaid	-8,630	-5,890	-8,163	-10,059	-33,360	-26,859
Net Debt Issued (Repaid)	1,735	-3,802	-608	4,900	-2,203	3,538
Issuance of Common Stock	-	-	-	-	-	591
Repurchase of Common Stock	-1,998	-1,499	-	-500	-	-500
Common Dividends Paid	-750	-	-	-1,497	-	-535
Other Financing Activities	2	-	1	-	-	-
Net Cash Flow	1,125	609	1,802	-1,665	-596	790
Cash Interest Paid	4,936	4,825	4,135	3,467	3,439	3,568
Levered Free Cash Flow	4,190	4,337	3,876	3,173	3,623	848.38
Unlevered Free Cash Flow	7,201	7,217	6,447	5,111	5,548	3,045
Change in Working Capital	-279	451	-27	-65	83	-471

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