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CBRE Group Inc (NYSE:CBG)
Cash Flow from Operations
$579 Mil (TTM As of Sep. 2014)

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Sep. 2014, CBRE Group Inc's Net Income From Continuing Operations was $110 Mil. Its DDA was $67 Mil. Its Change In Working Capital was $122 Mil. Its cash flow from deferred tax was $14 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. And its Cash Flow from Others was $-40 Mil. In all, CBRE Group Inc's Cash Flow from Operations for the three months ended in Sep. 2014 was $292 Mil.


Definition

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

CBRE Group Inc's Cash Flow from Operations for the fiscal year that ended in Dec. 2013 is calculated as:

CBRE Group Inc's Cash Flow from Operations for the quarter that ended in Sep. 2014 is

CBRE Group Inc Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2014 was 510.468 (Dec. 2013 ) + -269.966 (Mar. 2014 ) + 45.982 (Jun. 2014 ) + 292.462 (Sep. 2014 ) = $579 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

CBRE Group Inc's net income from continuing operations for the three months ended in Sep. 2014 was $110 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
• The term “depreciation” is used when discussing man made tangible assets
• The term “depletion” is used when discussing natural tangible assets
• The term “amortization” is used when discussing intangible assets

CBRE Group Inc's depreciation, depletion and amortization for the three months ended in Sep. 2014 was $67 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

CBRE Group Inc's change in working capital for the three months ended in Sep. 2014 was $122 Mil. It means CBRE Group Inc's working capital increased by $122 Mil from Jun. 2014 to Sep. 2014 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

CBRE Group Inc's cash flow from deferred tax for the three months ended in Sep. 2014 was $14 Mil.

5. Cash Flow from Discontinued Operations:
Cash received by a company that comes from the sale of part of business.

CBRE Group Inc's cash flow from discontinued operations for the three months ended in Sep. 2014 was $0 Mil.

6. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

CBRE Group Inc's cash flow from others for the three months ended in Sep. 2014 was $-40 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, Cash Flow from Others, Cash Flow from Investing


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

CBRE Group Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
NetIncomeFromContinuingOperations 217319391-1,050-281562903053490
CF_DDA 5288122103991091171711910
ChangeInWorkingCapital 6935-54-528-1325-23-1491790
CF_DeferredTax -6-235-626002-120
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others 27121851,40713727-23-89-100
Cash Flow from Operations 360430648-1302146173612917450

CBRE Group Inc Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
NetIncomeFromContinuingOperations 43157627494119681301100
CF_DDA 4046474448536563670
ChangeInWorkingCapital 22223-1611762260-384-1051220
CF_DeferredTax -020-3-1-70-8140
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others -61-30-3922-6875-30-48-400
Cash Flow from Operations 82411-80165150510-270462920
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