| Cash Flow for Heartland Financial USA Inc. (HTLF) | | | | After Hours: $ 23.33 |  0.97 (+4.34%) | Volume: 100 | 4:01 PM EDT Oct 10, 2008 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 25,633 | 25,102 | 22,726 | 20,252 | 17,719 | | Provision for Loan Loss | 10,073 | 3,886 | 6,564 | 4,846 | 4,183 | | Depreciation & Amortization | 8,620 | 9,151 | 22,970 | 20,573 | 23,123 | | Deferred Income Taxes | (1,564) | (7,895) | (327) | (781) | - | | Change in Assets (Receivables) | 13,170 | (12,592) | (2,507) | (716) | (104) | | Change in Liabilities (Payables) | (941) | 3,730 | 1,474 | 1,172 | 468 | | Investment Securities Gain | (661) | (1,606) | 6 | (1,309) | (1,981) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (3,578) | (2,289) | (3,528) | (3,410) | (6,339) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | 716 | | Other Non-Cash Items | (16,648) | 12,565 | (12,430) | (704) | 2,340 | | Net Cash from Operating Activities | 34,104 | 30,052 | 34,948 | 39,923 | 40,125 | | | | Proceeds from Sale/Mat. Inv. | 244,245 | 106,553 | 156,186 | 208,468 | 270,074 | | Purchase of Investment Securities | (307,801) | (184,476) | (139,797) | (265,197) | (334,944) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | (19,193) | (22,624) | (19,726) | (18,883) | (18,677) | | Acquisitions | - | (12,955) | - | - | - | | Other Investment Changes, Net | (123,697) | (108,017) | (198,306) | (187,396) | (192,563) | | Net Cash from Investing Activities | (206,446) | (221,519) | (201,643) | (263,008) | (276,110) | | | Net Change in Deposits | 95,356 | 149,026 | 134,332 | 205,361 | 154,503 | | Cash Dividends paid | (6,050) | (5,906) | (5,414) | (5,036) | (4,096) | | Repayment of Long Term Debt | (23,418) | (69,945) | (35,296) | (57,085) | (5,091) | | Change in Short Term Debt | 80,263 | 54,164 | 24,148 | 37,172 | 15,456 | | Issuance of Long term Debt | 62,502 | 74,827 | 59,974 | 47,993 | 52,750 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 2,828 | 1,516 | 2,007 | 1,814 | 1,339 | | Purchase of Treasury Stock | (9,821) | (4,022) | (5,784) | (5,254) | (7,999) | | Other Financing Activities | (31,629) | (40,071) | - | - | - | | Cash from Financing Activities | 170,031 | 159,589 | 173,967 | 224,965 | 206,862 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (2,311) | (31,878) | 7,272 | 1,880 | (29,123) | | | Cash at Beginning of Period | 49,143 | 81,021 | 73,749 | 71,869 | 100,992 | | Cash at End of Period | 46,832 | 49,143 | 81,021 | 73,749 | 71,869 | | | |
