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Hawaiian Electric Industries (HE)

Hawaiian Electric Industries (HE)
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Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  09-2004 06-2004 03-2004 12-2003 09-2003
Cash Flows From Operating Activities
Net Income 82,929 42,170 30,932 114,178 80,609
Depreciation Amortization 108,200 72,472 36,145 150,399 116,234
Income taxes - deferred 15,152 -2,793 1,764 2,838 -4,609
Accounts receivable -15,806 3,410 17,575 -11,389 1,719
Accounts payable and accrued liabilities 40,818 20,316 10,828 1,750 23,004
Other Working Capital 47,178 71,594 2,254 -24,891 34,375
Other Operating Activity -44,075 -31,448 -31,452 8,447 -25,023
Operating Cash Flow $234,396 $175,721 $68,046 $241,332 $226,309
Cash Flows From Investing Activities
Change In Deposits -212,227 -190,902 -69,585 -52,191 -47,180
PPE Investments -134,853 -82,615 -37,946 -142,200 -80,609
Purchase Of Investment 4,933 N/A N/A -130,205 N/A
Other Investing Activity 34,268 44,532 39,793 -624 -148,745
Investing Cash Flow $-307,879 $-228,985 $-67,738 $-325,220 $-276,534
Cash Flows From Financing Activities
Change In Short Term Borrowing 137,592 64,397 33,192 373,500 318,500
Debt Issued 102,525 102,073 50,324 167,935 167,360
Debt Repayment -223,165 -223,165 N/A -210,000 -210,000
Common Stock Issued 108,356 106,000 106,255 29,824 23,015
Dividend Paid -68,895 -43,942 -19,039 -75,119 -56,172
Other Financing Activity -18,712 -21,462 -80,152 -163,428 -199,796
Financing Cash Flow $37,701 $-16,099 $90,580 $122,712 $42,907
Beginning Cash Position 279,988 279,988 279,966 244,525 244,525
End Cash Position 247,572 212,568 373,172 279,988 234,278
Net Cash Flow $-32,416 $-67,420 $93,206 $35,463 $-10,247
Free Cash Flow
Operating Cash Flow 234,396 175,721 68,046 241,332 226,309
Capital Expenditure -135,602 -83,195 -38,406 -149,928 -84,682
Free Cash Flow 98,794 92,526 29,640 91,404 141,627
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