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GDF Suez (OTCPK:GDFZY)
Cash from Financing
$-9,512 Mil (TTM As of Dec. 2013)

Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.

For the six months ended in Dec. 2013, GDF Suez received $2,728 Mil more from issuing new shares than it paid to buy back shares. It spent $2,452 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $3,138 Mil paying cash dividends to shareholders. It spent $1,084 Mil on other financial activities. In all, GDF Suez spent $3,947 Mil on financial activities for the six months ended in Dec. 2013.


Definition

This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.

GDF Suez's Cash from Financing for the fiscal year that ended in Dec. 2013 is calculated as:

Cash from Financing(A: Dec. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=2768.39237057+-3068.11989101+0+-6395.09536785+-2817.4386921
=-9,512

GDF Suez's Cash from Financing for the quarter that ended in Dec. 2013 is

Cash from Financing(Q: Dec. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=2727.52043597+-2452.31607629+0+-3137.60217984+-1084.46866485
=-3,947

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. GDF Suez Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2013 was $-9,512 Mil.

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


Explanation

Cash from financing contains five items:

1. Net Issuance of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. If this number is positive, it means that the company has received more cash from issuing shares than it has paid to buy back shares. If this number is negative, it means that company has paid more cash to buy back shares than it has received for issuing shares.

GDF Suez's net issuance of stock for the six months ended in Dec. 2013 was $2,728 Mil. GDF Suez received $2,728 Mil more from issuing new shares than it paid to buy back shares.

2. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.

GDF Suez's net issuance of debt for the six months ended in Dec. 2013 was $-2,452 Mil. GDF Suez spent $2,452 Mil paying down its debt.

3. Net Issuance of Preferred:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

GDF Suez's net issuance of preferred for the six months ended in Dec. 2013 was $0 Mil. GDF Suez paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares.

4. Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

GDF Suez's cash flow for dividends for the six months ended in Dec. 2013 was $-3,138 Mil. GDF Suez spent $3,138 Mil paying cash dividends to shareholders.

5. Other Financing:
Money spent or earned by company from other financial activities.

GDF Suez's other financing for the six months ended in Dec. 2013 was $-1,084 Mil. GDF Suez spent $1,084 Mil on other financial activities.


Related Terms

Cash Flow from Operations, Cash Flow from Investing, Net Issuance of Stock, Net Issuance of Debt, Dividends, Net Issuance of Preferred


Historical Data

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

GDF Suez Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock 02,268515-332-57412096267-1722,768
Net Issuance of Debt -858-1,004-6,7611,32513,9942,8391,7182,0615,358-3,068
Net Issuance of Preferred 0000000000
Dividends -423-510-2,235-2,899-5,166-5,746-5,238-5,630-2,815-6,395
Other Financing -190-392-530-1,802-932-3,321-1,50081-13,436-2,817
Cash from Financing -1,471363-9,011-3,7087,322-6,108-4,924-3,221-11,065-9,512

GDF Suez Semi-Annual Data

Jun09Dec09Jun10Dec10Jun11Dec11Jun12Dec12Jun13Dec13
Net Issuance of Stock -603731-549670137143-23886392,728
Net Issuance of Debt -3,3266,208-3,0244,876-2,3494,1822,2382,935-592-2,452
Net Issuance of Preferred 0000000000
Dividends -2,690-3,022-2,446-2,684-2,951-2,964-1,430-1,267-3,130-3,138
Other Financing -1,032-2,276-936-523-1,0561,035236-13,691-1,665-1,084
Cash from Financing -7,6511,641-6,9552,338-6,2192,396806-11,938-5,347-3,947
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