Heartland Financial USA Cash Flow Statement

Financials in millions KRW. Fiscal year is October - September.

Millions KRW. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022
Net Income	181.98	-2,800	-544.21	2,151
Depreciation & Amortization	1,639	1,594	1,523	1,639
Loss (Gain) From Sale of Assets	-9.13	-10	14.86	-
Asset Writedown & Restructuring Costs	133.18	137.24	3.65	-
Loss (Gain) From Sale of Investments	684.78	656.96	317.45	-
Loss (Gain) on Equity Investments	253.58	550.1	881.33	215.3
Provision & Write-off of Bad Debts	-34.27	-28.42	37.67	47.18
Other Operating Activities	90.03	-581.32	-219.53	1.25
Change in Accounts Receivable	-972.98	-1,645	251.39	270.72
Change in Inventory	172.45	-63.14	-174.74	-60.22
Change in Accounts Payable	-1,028	677.86	363.76	707.95
Change in Other Net Operating Assets	-1,563	-94.19	-2,931	-815.03
Operating Cash Flow	-442.94	-1,606	-476.52	4,157
Capital Expenditures	-334.15	-340.59	-552.25	-257.02
Sale of Property, Plant & Equipment	10	10	0.82	-
Cash Acquisitions	-	-	-67.84	-
Sale (Purchase) of Intangibles	-652.51	-489.2	-1,026	-774.96
Investment in Securities	-3,663	-663.25	-2,048	-1,889
Other Investing Activities	3.67	120.85	102.65	216.79
Investing Cash Flow	-4,664	-1,362	-3,590	-2,704
Short-Term Debt Issued	-	15,172	400	2,000
Total Debt Issued	10,763	15,172	400	2,000
Short-Term Debt Repaid	-	-11,402	-411.1	-2,800
Long-Term Debt Repaid	-	-556.62	-608.39	-937.59
Total Debt Repaid	-6,980	-11,958	-1,019	-3,738
Net Debt Issued (Repaid)	3,783	3,213	-619.49	-1,738
Issuance of Common Stock	-	-	5,796	-
Other Financing Activities	-0	-0	-420.67	-
Financing Cash Flow	3,783	3,213	4,756	-1,738
Foreign Exchange Rate Adjustments	-31.16	-35.7	6.43	-
Miscellaneous Cash Flow Adjustments	-0	-0	0	-
Net Cash Flow	-1,355	209.68	695.84	-284.58
Free Cash Flow	-777.1	-1,946	-1,029	3,900
Free Cash Flow Margin	-2.08%	-5.85%	-3.23%	12.40%
Free Cash Flow Per Share	-39.42	-98.74	-53.17	231.95
Cash Interest Paid	190.18	176.56	71.44	57.4
Cash Income Tax Paid	-	16.72	9.81	0.95
Levered Free Cash Flow	-2,151	-1,636	-2,291	-
Unlevered Free Cash Flow	-2,032	-1,525	-2,246	-
Change in Net Working Capital	3,484	1,031	2,431	-

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.