Cash Flow Statement

Currency: USD

	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Apr-2023	Jul-2023	Sep-2023	Dec-2023	Mar-2024
Operating Cash Flow
Net Income	(50)	(38)	(40)	(19)	4	(16)	(24)	(28)	(13)	(10)	(2)
Depreciation & Amortization	154	121	150	117	117	120	124	123	123	122	121
Change in Deffered Taxes	(26)	(22)	(21)	(9)	5	(1)	(5)	(14)	(5)	(9)	(6)
Stock-Based Compensation	14	15	21	20	17	14	10	11	12	12	0
Other Non-Cash Items	6	(7)	(1)	(2)	(1)	16	16	22	22	37	37
Cash Taxes Paid	2	3	3	3	3	3	3	3	4	5	6
Cash Interest Paid	119	72	82	52	40	56	61	66	69	56	52
Change in Working Capital	(109)	(164)	(202)	(123)	(67)	0	43	117	101	98	68
Cash from Operating Activities	(25) N/A	(110) -343%	(114) -3%	(36) +69%	58 N/A	119 +105%	154 +29%	219 +42%	227 +4%	238 +5%	218 -8%
Investing Cash Flow
Capital Expenditures	(60)	(52)	(64)	(58)	(61)	(70)	(75)	(78)	(75)	(66)	(65)
Other Items	(39)	(39)	(41)	(2)	(2)	(3)	(1)	(1)	(1)	(2)	(26)
Cash from Investing Activities	(99) N/A	(91) +9%	(106) -17%	(60) +43%	(63) -5%	(73) -15%	(76) -5%	(79) -4%	(77) +3%	(68) +12%	(91) -34%
Financing Cash Flow
Net Issuance of Common Stock	372	366	366	365	3	3	2	2	2	2	8
Net Issuance of Debt	(688)	(607)	(582)	(703)	18	(33)	(65)	(122)	(146)	(163)	(140)
Other	434	434	434	434	0	2	1	1	1	(1)	(1)
Cash from Financing Activities	118 N/A	193 +63%	218 +13%	97 -56%	22 -78%	(29) N/A	(62) -116%	(118) -90%	(142) -21%	(162) -14%	(133) +18%
Change in Cash
Effect of Foreign Exchange Rates	2	1	(1)	1	(2)	(1)	(1)	(3)	2	(1)	2
Net Change in Cash	(4) N/A	(7) -63%	(2) +69%	1 N/A	15 +950%	17 +12%	15 -7%	20 +29%	10 -49%	7 -25%	(4) N/A
Free Cash Flow
Free Cash Flow	(85) N/A	(162) -90%	(178) -10%	(94) +47%	(3) +97%	49 N/A	79 +60%	142 +79%	152 +7%	172 +13%	153 -11%

Hillman Solutions Corp
NASDAQ:HLMN