For the year ending 2025-12-31, HE had -$262,106K decrease in cash & cash equivalents over the period. $49,871K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | 126,281 |
| Loss (income) from discontinued operations | 0 |
| Depreciation of property, plant and equipment | 260,024 |
| Other amortization | 38,895 |
| Loss on sale of subsidiaries and equity-method investment and impairment loss on assets sold and held for sale | -12,376 |
| Deferred income tax expense (benefit) | -10,630 |
| Share-based compensation expense | 3,426 |
| Allowance for equity funds used during construction | 15,013 |
| Other | -6,359 |
| Decrease (increase) in accounts receivable and unbilled revenues, net | 51,351 |
| Decrease (increase) in fuel oil stock | 15,579 |
| Increase in materials and supplies | 14,458 |
| Increase in regulatory assets | 30,462 |
| Increase in regulatory liabilities | 96,043 |
| Increase in accounts, interest and dividends payable | 7,032 |
| Change in prepaid and accrued income taxes, tax credits and utility revenue taxes | -4,563 |
| Change in defined benefit pension and other postretirement benefit plans asset/liability | -8,788 |
| Increase in wildfire related claims | 47,750 |
| Change in other assets and liabilities | 43,551 |
| Net cash provided by operating activities-continuing operations | 391,073 |
| Net cash provided by operating activities-discontinued operations | 0 |
| Net cash provided by operating activities | 391,073 |
| Capital expenditures | 341,202 |
| Proceeds from sale of subsidiaries | 13,781 |
| Other, net | -5,246 |
| Net cash used in investing activities-continuing operations | -322,175 |
| Net cash provided by investing activities-discontinued operations | 0 |
| Net cash used in investing activities | -322,175 |
| Net decrease in short-term borrowings with original maturities of three months or less | 0 |
| Proceeds from issuance of short-term debt | 0 |
| Repayment of short-term debt | 50,000 |
| Proceeds from issuance of long-term debt | 510,000 |
| Repayment of long-term debt and funds transferred for repayment of long-term debt | 733,564 |
| Withheld shares for employee taxes on vested share-based compensation | 178 |
| Net proceeds from issuance of common stock | 0 |
| Common stock dividends | 0 |
| Preferred stock dividends of subsidiaries | 1,890 |
| Redemption of preferred stock of subsidiaries | 35,368 |
| Other | -20,004 |
| Net cash provided by (used in) financing activities-continuing operations | -331,004 |
| Net cash used in financing activities-discontinued operations | 0 |
| Net cash provided by (used in) financing activities | -331,004 |
| Net increase (decrease) in cash, cash equivalents and restricted cash, including cash from discontinued operations | -262,106 |
| Cash, cash equivalents and restricted cash from continuing operations, january1 | 1,242,852 |
| Cash, cash equivalents and restricted cash from discontinued operations, january1 | 0 |
| Cash, cash equivalents and restricted cash, including cash from discontinued operations, december31 | 980,746 |
HAWAIIAN ELECTRIC INDUSTRIES INC (HE)
HAWAIIAN ELECTRIC INDUSTRIES INC (HE)