HEOL · As filed with the SEC
Highwater Ethanol cash flow statement, by fiscal year
The statement as Highwater Ethanol presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Statements of Cash Flows · USD
| USD | FY2025 Year ended Oct 31, 2025 | FY2024 Year ended Oct 31, 2024 | FY2023 Year ended Oct 31, 2023 | FY2022 Year ended Oct 31, 2022 |
|---|---|---|---|---|
| Cash Flows from Operating Activities | ||||
| Net income | 16,326,668 | 6,114,906 | 16,739,304 | 33,325,405 |
| Adjustments to reconcile net income to net cash provided by operations | ||||
| Tax credits | (10,400,000) | — | — | — |
| Depreciation and amortization | 5,663,503 | 8,487,932 | 10,049,915 | 10,312,613 |
| Distributions in excess of earnings from equity method investments | 7,227 | 252,919 | (160,442) | (177,460) |
| Gain on debt extinguishment | — | — | 0 | 0 |
| Non-cash patronage income | (347,824) | (405,536) | (312,175) | (194,151) |
| Change in working capital components | ||||
| Accounts receivable | 1,392,017 | (345,104) | 1,034,811 | 3,818,510 |
| Inventories | (2,584,818) | 1,866,196 | 3,084,335 | (4,449,380) |
| Derivative instruments | 236,624 | 198,092 | (179,737) | (375,245) |
| Prepaids and other | 34,621 | (11,253) | 52,101 | (269,489) |
| Accounts payable | (6,910,919) | (1,579,910) | (1,296,865) | 3,226,281 |
| Accrued expenses | 53,522 | (449,014) | 40,887 | 249,357 |
| Net cash provided by operating activities | 3,470,621 | 14,129,228 | 29,052,134 | 45,466,441 |
| Cash Flows from Investing Activities | ||||
| Capital expenditures | (5,737,426) | (5,524,511) | (1,277,995) | (1,360,170) |
| Purchase of investments | — | 0 | (580,708) | — |
| Distributions from (purchase of) investments | 125,374 | — | — | — |
| Net cash used in investing activities | (5,612,052) | (5,524,511) | (1,858,703) | (1,360,170) |
| Cash Flows from Financing Activities | ||||
| Payments on long-term debt | — | 0 | 0 | (11,699,000) |
| Proceeds from long-term debt | — | 0 | 0 | 8,200,000 |
| Payments on finance lease liability | (139,376) | (131,933) | (124,889) | (118,221) |
| Member unit repurchases | — | — | — | (116,900) |
| Member unit repurchases | (20,000) | 0 | (99,000) | — |
| Member distributions | (8,079,250) | (16,161,900) | (15,240,000) | (18,130,900) |
| Net cash used in financing activities | (8,238,626) | (16,293,833) | (15,463,889) | (21,865,021) |
| Net Increase (Decrease) in Cash and Cash Equivalents | (10,380,057) | (7,689,116) | 11,729,542 | 22,241,250 |
| Cash and cash equivalents – Beginning of Period | 33,830,684 | 41,519,800 | 29,790,258 | 7,549,008 |
| Cash and cash equivalents – End of Period | 23,450,627 | 33,830,684 | 41,519,800 | 29,790,258 |
| Supplemental Cash Flow Information | ||||
| Cash paid for interest expense | 39,424 | 46,867 | 53,911 | 102,454 |
| Supplemental Disclosure of Noncash Financing and Investing Activities | ||||
| Capital expenditures included in accounts payable | — | — | — | 51,238 |
| Establishment of lease liability and right of use asset | — | — | — | 0 |
| Capital expenditures included in accounts payable | 27,200 | 21,491 | 40,200 | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.