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Lafarge SA (OTCPK:LFRGY)
Cash from Financing
$-1,707 Mil (TTM As of Sep. 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 three months ended in Sep. 2013, Lafarge SA received $1 Mil more from issuing new shares than it paid to buy back shares. It received $59 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $394 Mil paying cash dividends to shareholders. It received $183 Mil on other financial activities. In all, Lafarge SA spent $151 Mil on financial activities for the three months ended in Sep. 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.

Lafarge SA's Cash from Financing for the fiscal year that ended in Dec. 2012 is calculated as:

Cash from Financing(A: Dec. 2012 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=30.585106383+-1130.31914894+0+-397.606382979+-295.212765957
=-1,793

Lafarge SA's Cash from Financing for the quarter that ended in Sep. 2013 is

Cash from Financing(Q: Sep. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=1.36425648022+58.6630286494+0+-394.270122783+182.810368349
=-151

Lafarge SA Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2013 was -2055.85106383 (Dec. 2012 ) + 491.525423729 (Mar. 2013 ) + 9.16230366492 (Jun. 2013 ) + -151.432469304 (Sep. 2013 ) = $-1,707 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.

Lafarge SA's net issuance of stock for the three months ended in Sep. 2013 was $1 Mil. Lafarge SA received $1 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.

Lafarge SA's net issuance of debt for the three months ended in Sep. 2013 was $59 Mil. Lafarge SA received $59 Mil from issuing more 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.

Lafarge SA's net issuance of preferred for the three months ended in Sep. 2013 was $0 Mil. Lafarge SA 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.

Lafarge SA's cash flow for dividends for the three months ended in Sep. 2013 was $-394 Mil. Lafarge SA spent $394 Mil paying cash dividends to shareholders.

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

Lafarge SA's other financing for the three months ended in Sep. 2013 was $183 Mil. Lafarge SA received $183 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.

Lafarge SA Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
Net Issuance of Stock 1,815337529287-632262,1885511231
Net Issuance of Debt -2,409-59432,956-8859,233-3,548972-2,325-1,130
Net Issuance of Preferred 0000000000
Dividends -499-502-551-581-960-1,392-765-1,134-628-398
Other Financing 101-360-231-20127119-0158-422-295
Cash from Financing -992-1,120-2502,462-2,4517,987-2,12451-3,263-1,793

Lafarge SA Quarterly Data

Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13
Net Issuance of Stock 1261598120019031
Net Issuance of Debt -231-264-1,382-10323720-1,79057410759
Net Issuance of Preferred 0000000000
Dividends -164-202-25700-188-20500-394
Other Financing -227-231-92-9-173-18-80-82-101183
Cash from Financing -497-681-1,632-100-150514-2,0564929-151
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