H&E Equipment Services Cash Flow Statement

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

Millions KES. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	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	2015 - 2019
Net Income	116.27	18.4	13.88	130.53	167.8	Upgrade
Depreciation & Amortization	16.69	17.55	26.21	29.51	33.56	Upgrade
Other Amortization	22.42	20.17	22.3	25.4	24.32	Upgrade
Loss (Gain) From Sale of Assets	-0.2	-0.01	0.64	-2.47	-	Upgrade
Asset Writedown & Restructuring Costs	20.78	27.5	17.22	-	-0.38	Upgrade
Loss (Gain) From Sale of Investments	1.32	9.67	-	-	-	Upgrade
Loss (Gain) on Equity Investments	-8.7	19.43	46.54	3.39	-16.19	Upgrade
Stock-Based Compensation	0.96	0.27	2.43	3.41	-	Upgrade
Provision & Write-off of Bad Debts	-5.18	-6.46	-	-	-	Upgrade
Other Operating Activities	-111.95	-127.4	-176.68	-110.96	-56.17	Upgrade
Change in Accounts Receivable	9.8	-22.28	0.9	-22.74	-2.19	Upgrade
Change in Accounts Payable	28.52	11.37	18.48	-5.59	-35.65	Upgrade
Change in Other Net Operating Assets	1.07	-	-5.91	4.02	1.2	Upgrade
Operating Cash Flow	91.79	-31.78	-33.97	54.5	116.31	Upgrade
Operating Cash Flow Growth	-	-	-	-53.14%	116.12%	Upgrade
Capital Expenditures	-36.9	-2.08	-7.56	-5.53	-9.92	Upgrade
Sale of Property, Plant & Equipment	0.68	0.01	1.1	4.12	0.09	Upgrade
Cash Acquisitions	-	-	-	-	-34.9	Upgrade
Sale (Purchase) of Intangibles	-4.21	-19.86	-5.2	-3.65	-10.85	Upgrade
Investment in Securities	-352.88	63.18	-180.18	-1.86	-169.3	Upgrade
Other Investing Activities	143.93	111.56	105.54	179.99	90	Upgrade
Investing Cash Flow	-249.39	152.82	-86.31	173.07	-134.88	Upgrade
Common Dividends Paid	-39.93	-49.95	-113.96	-102.53	-19.8	Upgrade
Other Financing Activities	-	-7	-	-23.5	-	Upgrade
Financing Cash Flow	-39.93	-56.95	-243.97	-256.03	-19.8	Upgrade
Foreign Exchange Rate Adjustments	-5.76	4.49	1.39	0.16	-	Upgrade
Net Cash Flow	-203.29	68.57	-362.86	-28.31	-38.37	Upgrade
Free Cash Flow	54.89	-33.86	-41.53	48.97	106.39	Upgrade
Free Cash Flow Growth	-	-	-	-53.97%	343.04%	Upgrade
Free Cash Flow Margin	6.71%	-5.29%	-6.57%	6.98%	16.16%	Upgrade
Free Cash Flow Per Share	0.21	-0.13	-0.16	0.19	0.41	Upgrade
Cash Income Tax Paid	17.29	27.91	97.36	85.39	19.98	Upgrade
Levered Free Cash Flow	209.52	39.8	-6.46	183.55	206.41	Upgrade
Unlevered Free Cash Flow	209.52	39.8	-6.46	183.55	206.41	Upgrade
Change in Net Working Capital	-92.22	32.47	109.9	1.6	-43.33	Upgrade

Updated May 6, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.