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Li & Fung Ltd (OTCPK:LFUGF)
Cash from Financing
$-661 Mil (TTM As of Dec. 2014)

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. 2014, Li & Fung Ltd paid $0 Mil more to buy back shares than it received from issuing new shares. It received $0 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $125 Mil paying cash dividends to shareholders. It spent $96 Mil on other financial activities. In all, Li & Fung Ltd spent $221 Mil on financial activities for the six months ended in Dec. 2014.


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.

Li & Fung Ltd's Cash from Financing for the fiscal year that ended in Dec. 2014 is calculated as:

Cash from Financing(A: Dec. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+-28.594+0+-506.937+-125.203
=-661

Li & Fung Ltd's Cash from Financing for the quarter that ended in Dec. 2014 is

Cash from Financing(Q: Dec. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+0+0+-125.158+-96.204
=-221

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Li & Fung Ltd Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2014 was $-661 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.

Li & Fung Ltd's net issuance of stock for the six months ended in Dec. 2014 was $0 Mil. Li & Fung Ltd paid $0 Mil more to buy back shares than it received from issuing new 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.

Li & Fung Ltd's net issuance of debt for the six months ended in Dec. 2014 was $0 Mil. Li & Fung Ltd received $0 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.

Li & Fung Ltd's net issuance of preferred for the six months ended in Dec. 2014 was $0 Mil. Li & Fung Ltd 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.

Li & Fung Ltd's cash flow for dividends for the six months ended in Dec. 2014 was $-125 Mil. Li & Fung Ltd spent $125 Mil paying cash dividends to shareholders.

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

Li & Fung Ltd's other financing for the six months ended in Dec. 2014 was $-96 Mil. Li & Fung Ltd spent $96 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.

Li & Fung Ltd Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Issuance of Stock 233713552538514381000
Net Issuance of Debt 001449-66747250-9-29
Net Issuance of Preferred 0000000000
Dividends -262-201-263-330-281-426-468-525-332-507
Other Financing -32314-55-52-41-79-107953-124-125
Cash from Financing -272485-139153-3386-469428-465-661

Li & Fung Ltd Semi-Annual Data

Jun10Dec10Jun11Dec11Jun12Dec12Jun13Dec13Jun14Dec14
Net Issuance of Stock 000056302000
Net Issuance of Debt 0000000000
Net Issuance of Preferred 0000000000
Dividends 0000-364-161-188-144-382-125
Other Financing 222164-97-372-15405-71-64-58-96
Cash from Financing 222164-97-372184244-257-208-439-221
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