Cardinal Ethanol, LLC Cash Flow Statement

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

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	Sep '20 Sep 30, 2020	Sep '19 Sep 30, 2019
Net Income	32.73	69.82	85.7	27.11	-1.14	-6.6
Depreciation & Amortization	11.04	11.57	11.3	11.3	11.25	11.24
Loss (Gain) From Sale of Assets	0.1	-	-	0.91	-	0
Asset Writedown & Restructuring Costs	-	-	-	-	-	1.2
Loss (Gain) on Equity Investments	0.28	0.42	0	-	-	-
Other Operating Activities	-4.35	1.26	0.81	-0.98	0.26	-0.64
Change in Accounts Receivable	1.99	-5.9	0.87	-4.21	3.65	-3.29
Change in Inventory	-13.39	8.27	3.22	-9.27	-3.88	3.11
Change in Accounts Payable	2.85	-2.32	0.95	5.84	-3.8	1.04
Change in Unearned Revenue	-	-	-	-0.02	0.02	-
Change in Other Net Operating Assets	-2.67	0.3	1.12	1.47	-0.62	1.88
Operating Cash Flow	28.6	83.41	103.98	32.15	5.74	7.95
Operating Cash Flow Growth	-69.31%	-19.78%	223.44%	460.44%	-27.86%	-68.66%
Capital Expenditures	-59.63	-27.89	-20.06	-3.85	-2.8	-3.98
Sale of Property, Plant & Equipment	1.2	-	-	-	-	0
Investment in Securities	10.94	-17.55	-0.4	-	-	-
Other Investing Activities	-	-	-	-	-	2.3
Investing Cash Flow	-47.49	-45.44	-20.46	-3.85	-2.8	-1.68
Short-Term Debt Issued	-	49.43	26.26	105.85	-	5.54
Long-Term Debt Issued	-	21.57	9	1.22	0.86	-
Total Debt Issued	65.9	71	35.26	107.07	0.86	5.54
Short-Term Debt Repaid	-	-49.43	-26.26	-105.85	-	-5.54
Long-Term Debt Repaid	-	-	-	-1.22	-6.73	-2.02
Total Debt Repaid	-34.27	-49.43	-26.26	-107.07	-6.73	-7.56
Net Debt Issued (Repaid)	31.63	21.57	9	-	-5.87	-2.02
Common Dividends Paid	-18.12	-42.45	-63.17	-11.32	-2.19	-1.46
Other Financing Activities	-0.28	2.95	-	-	-	-
Financing Cash Flow	13.23	-17.93	-54.17	-11.32	-8.06	-3.48
Net Cash Flow	-5.66	20.04	29.34	16.98	-5.12	2.8
Free Cash Flow	-31.03	55.52	83.91	28.3	2.94	3.97
Free Cash Flow Growth	-	-33.84%	196.50%	862.70%	-25.96%	-82.95%
Free Cash Flow Margin	-8.86%	11.04%	15.35%	7.00%	1.20%	1.52%
Free Cash Flow Per Share	-2124.30	3801.16	5745.22	1937.67	201.28	271.85
Cash Interest Paid	3.32	1.4	0	0.13	0.26	0.44
Levered Free Cash Flow	-43.95	25.75	45.92	13.53	5.43	-1.49
Unlevered Free Cash Flow	-42.49	25.75	45.94	13.62	5.55	-1.26
Change in Working Capital	-11.22	0.35	6.17	-6.18	-4.63	2.75

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