Highlands Bankshares Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
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
Net Income	4.85	3.56	4.43	4.94	3.34
Depreciation & Amortization	0.91	0.93	0.93	0.95	0.96
Gain (Loss) on Sale of Assets	-0.02	-0	-0.07	-0.21	0.37
Gain (Loss) on Sale of Investments	-0.43	1.12	1.54	0.63	0.11
Total Asset Writedown	-	-	0.01	0.05	0.22
Provision for Credit Losses	0.97	0.87	-0.93	0.03	1.01
Accrued Interest Receivable	-0.14	-0.38	-0.3	0.01	-0.14
Change in Other Net Operating Assets	0.19	-0.38	0.07	0.18	1.08
Other Operating Activities	-0.96	-0.45	-0.18	-0.13	-0.72
Operating Cash Flow	5.38	5.27	5.5	6.44	6.22
Operating Cash Flow Growth	2.24%	-4.19%	-14.73%	3.55%	31.62%
Capital Expenditures	-2.61	-1.43	-0.63	-0.26	-0.51
Investment in Securities	12.93	0.65	15.54	-53.06	-47.39
Net Decrease (Increase) in Loans Originated / Sold - Investing	-37.23	-36.3	-33.3	5.73	-1.55
Other Investing Activities	-2.79	13.75	-0.97	0.64	-7.5
Investing Cash Flow	-29.7	-23.33	-19.35	-46.95	-56.95
Long-Term Debt Issued	-	3.41	6.82	-	-
Long-Term Debt Repaid	-1.5	-	-	-1.6	-1.94
Total Debt Repaid	-1.5	-	-	-1.6	-1.94
Net Debt Issued (Repaid)	-1.5	3.41	6.82	-1.6	-1.94
Common Dividends Paid	-2.25	-2.37	-2.41	-2.23	-2.27
Net Increase (Decrease) in Deposit Accounts	27.04	17.71	8.92	43.44	55.66
Financing Cash Flow	23.3	18.76	13.33	39.61	51.44
Net Cash Flow	-1.02	0.69	-0.53	-0.9	0.72
Free Cash Flow	2.77	3.84	4.87	6.19	5.71
Free Cash Flow Growth	-27.74%	-21.24%	-21.28%	8.30%	104.26%
Free Cash Flow Margin	11.64%	18.53%	22.04%	28.41%	30.55%
Free Cash Flow Per Share	2.07	2.87	3.64	4.63	4.27
Cash Interest Paid	8.54	5.04	1.4	1.65	2.2
Cash Income Tax Paid	0.9	0.74	0.92	0.87	1.19

Updated Dec 31, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.