Heartland BancCorp Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Net Income	19.52	18.07	18.59	14.77	13.2
Depreciation & Amortization	1.93	1.91	1.96	1.83	1.51
Gain (Loss) on Sale of Assets	-	-	-	-0.01	-
Gain (Loss) on Sale of Investments	0.79	0.87	0.87	0.7	0.58
Provision for Credit Losses	2.6	1.92	1.92	6.35	1.5
Accrued Interest Receivable	-1.99	-0.86	0.87	-1.28	-0.67
Change in Other Net Operating Assets	0.66	0.24	-0.48	-5.1	-0.96
Other Operating Activities	-0.56	-0.59	-2.9	-3.11	-0.19
Operating Cash Flow	22.27	23.24	17.86	11.74	15.97
Operating Cash Flow Growth	-4.18%	30.14%	52.09%	-26.47%	12.19%
Capital Expenditures	-5.17	-2.99	-1.23	-1.04	-3.19
Sale of Property, Plant and Equipment	0.1	0.05	0.12	0.07	-
Cash Acquisitions	-	-	-	31.76	-0.17
Investment in Securities	-53.45	-25.95	-15.29	-1.38	4.9
Net Decrease (Increase) in Loans Originated / Sold - Investing	-143.96	-230.68	-31.18	-81.58	-74.56
Other Investing Activities	-	-1.26	-0.25	-	-
Investing Cash Flow	-202.47	-260.83	-47.83	-52.18	-73.03
Long-Term Debt Issued	25	10	-	34.8	5
Total Debt Issued	25	10	-	34.8	5
Short-Term Debt Repaid	-0.63	-3.82	-1.6	-0.71	-18.42
Long-Term Debt Repaid	-10.7	-6	-32.65	-	-
Total Debt Repaid	-11.33	-9.82	-34.25	-0.71	-18.42
Net Debt Issued (Repaid)	13.67	0.18	-34.25	34.08	-13.42
Issuance of Common Stock	0.25	0.25	0.69	0.36	0.35
Repurchase of Common Stock	-	-	-	-5.05	-
Common Dividends Paid	-5.98	-5.41	-4.9	-4.47	-4.1
Net Increase (Decrease) in Deposit Accounts	186.06	200.57	-56.57	185.91	63.78
Financing Cash Flow	194	195.59	-95.02	210.83	46.61
Net Cash Flow	13.8	-42	-124.99	170.4	-10.45
Free Cash Flow	17.1	20.25	16.63	10.7	12.78
Free Cash Flow Growth	-15.55%	21.76%	55.42%	-16.26%	42.33%
Free Cash Flow Margin	24.13%	30.48%	26.45%	19.78%	27.35%
Free Cash Flow Per Share	8.43	9.98	8.20	5.31	6.25
Cash Interest Paid	30.97	6.32	5.21	9.42	11.13
Cash Income Tax Paid	4.92	4.03	4.84	4.84	2.65

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