Horizon Bancorp, Inc. (HBNC)

Horizon Bancorp Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	27.98	93.41	87.09	68.5	66.54
Depreciation & Amortization	11.97	13.1	13.88	12.33	9.69
Share-Based Compensation	3.59	2.48	1.82	1.34	0.22
Other Operating Activities	45.4	-14.6	3.57	-3.31	97.93
Operating Cash Flow	88.94	94.38	106.35	78.86	174.37
Operating Cash Flow Growth	-5.77%	-11.26%	34.86%	-54.78%	141.23%
Capital Expenditures	-7.78	-6.43	-1.44	-5.87	-4.61
Acquisitions	0	0	622.18	0	128.75
Change in Investments	264.55	-972.32	-975.27	-494.54	-223.6
Other Investing Activities	72.75	-41.18	9.68	21.95	5.32
Investing Cash Flow	329.52	-1,019.93	-344.85	-478.46	-94.15
Dividends Paid	-28.31	-27.77	-24.77	-21.18	-20.84
Share Issuance / Repurchase	-1.22	-1.68	-0.29	1.39	1.71
Debt Issued / Paid	206.97	430.21	189.52	-10.22	-71.04
Other Financing Activities	-192.88	54.78	417.84	580.5	50.28
Financing Cash Flow	-15.44	455.55	582.3	550.48	-39.89
Net Cash Flow	403.01	-470	343.8	150.88	40.34
Free Cash Flow	81.16	87.95	104.91	72.99	169.76
Free Cash Flow Growth	-7.72%	-16.17%	43.73%	-57.00%	146.56%
Free Cash Flow Margin	43.80%	35.35%	44.48%	35.71%	84.09%
Free Cash Flow Per Share	1.84	2.00	2.41	1.66	3.77

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).