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Harbinger Group Inc (NYSE:HRG)
Cash Flow from Operations
$508 Mil (TTM As of Mar. 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 Mar. 2014, Harbinger Group Inc's Net Income From Continuing Operations was $-56 Mil. Its DDA was $69 Mil. Its Change In Working Capital was $-170 Mil. Its cash flow from deferred tax was $-28 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. And its Cash Flow from Others was $192 Mil. In all, Harbinger Group Inc's Cash Flow from Operations for the three months ended in Mar. 2014 was $8 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.

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

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

Harbinger Group Inc Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2014 was 161.2 (Jun. 2013 ) + 428.3 (Sep. 2013 ) + -89.4 (Dec. 2013 ) + 7.5 (Mar. 2014 ) = $508 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.

Harbinger Group Inc's net income from continuing operations for the three months ended in Mar. 2014 was $-56 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

Harbinger Group Inc's depreciation, depletion and amortization for the three months ended in Mar. 2014 was $69 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.

Harbinger Group Inc's change in working capital for the three months ended in Mar. 2014 was $-170 Mil. It means Harbinger Group Inc's working capital declined by $170 Mil from Dec. 2013 to Mar. 2014 .

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

Harbinger Group Inc's cash flow from deferred tax for the three months ended in Mar. 2014 was $-28 Mil.

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

Harbinger Group Inc's cash flow from discontinued operations for the three months ended in Mar. 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).

Harbinger Group Inc's cash flow from others for the three months ended in Mar. 2014 was $192 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.

Harbinger Group Inc Annual Data

Sep94Sep95Sep96Sep97Sep98Sep11Sep12Sep13
NetIncomeFromContinuingOperations 00-84715707111-69
CF_DDA 00431594695268359
ChangeInWorkingCapital 0033-4-1335202-8
CF_DeferredTax 00-4-3-232-16-197171
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others 00-24-10-12-11-696223970
Cash Flow from Operations 00910-2-213153623522

Harbinger Group Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
NetIncomeFromContinuingOperations 46-0-11017668-51119-205-2-56
CF_DDA 676853819872116737469
ChangeInWorkingCapital -42-6114291-308-4841307-235-170
CF_DeferredTax 4123-6-255130201563-28
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others -11681148126-14394-12824771192
Cash Flow from Operations -511198418-15588161428-898
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