Heartland Group Holdings Limited (NZE:HGH)

Heartland Group Holdings Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Net Income	62.3	74.55	95.87	95.13	87.03	71.97
Depreciation & Amortization	8.78	7.74	7.08	7.87	8.11	8.34
Other Amortization	8.44	5.52	5.68	5.92	9.31	4.46
Gain (Loss) on Sale of Investments	-	-	-	13	-4.09	-2.1
Total Asset Writedown	-7.04	-8.71	-1.74	-	-	-
Provision for Credit Losses	72.41	46.31	22.89	13.82	14.97	29.42
Change in Income Taxes	-27.8	-22.86	-14.79	14.6	-4.86	4.77
Change in Other Net Operating Assets	179.97	-175.39	-293.71	-685.51	-285.04	-165.07
Other Operating Activities	-241.33	-150.99	-89.08	-134.64	-93.29	-74.94
Operating Cash Flow	55.74	-223.84	-267.8	-669.8	-264.87	-130.74
Capital Expenditures	-7.24	-18.84	-23.42	-9.81	-7.56	-6.74
Sale of Property, Plant and Equipment	-	-	-	-	-	0.12
Cash Acquisitions	292.11	290.71	-	-159.92	-	-
Investment in Securities	-123.58	-390.91	-39.56	75.53	23.28	-45.56
Investing Cash Flow	161.29	-119.05	-63.05	-94.2	15.71	-52.18
Long-Term Debt Issued	-	1,075	769.21	1,181	391.48	192.75
Long-Term Debt Repaid	-	-999.23	-906.09	-637.77	-2.23	-2.01
Net Debt Issued (Repaid)	-728.9	75.4	-136.88	542.99	389.26	190.74
Issuance of Common Stock	187.5	187.5	-	-	-	-
Common Dividends Paid	-37.5	-65.5	-60	-58.05	-30.34	-46.1
Net Increase (Decrease) in Deposit Accounts	575.56	559.21	522.31	407.48	-74.61	110.99
Other Financing Activities	-	-	-	-	-	-0.03
Financing Cash Flow	-3.34	756.61	325.43	892.42	284.31	255.61
Foreign Exchange Rate Adjustments	1.3	-1.8	-	-	-	-
Net Cash Flow	214.99	411.93	-5.43	128.43	35.15	72.68
Free Cash Flow	48.5	-242.68	-291.22	-679.61	-272.43	-137.48
Free Cash Flow Margin	21.14%	-99.49%	-111.12%	-267.78%	-115.33%	-66.76%
Free Cash Flow Per Share	0.06	-0.32	-0.42	-1.15	-0.47	-0.24
Cash Interest Paid	342.42	256.68	138.33	100.47	85.06	117.31
Cash Income Tax Paid	35.96	41.69	44.06	32.99	34	24.62

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