Switch to:
Telefonica SA (NYSE:TEF)
Cash from Financing
$-1,581 Mil (TTM As of Jun. 2016)

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 Jun. 2016, Telefonica SA paid $731 Mil more to buy back shares than it received from issuing new shares. It received $3,113 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $2,455 Mil paying cash dividends to shareholders. It spent $1,509 Mil on other financial activities. In all, Telefonica SA spent $1,581 Mil on financial activities for the three months ended in Jun. 2016.


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.

Telefonica SA's Cash from Financing for the fiscal year that ended in Dec. 2015 is calculated as:

Cash from Financing(A: Dec. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=2704.79302832+-3569.7167756+0+-3022.87581699+-46.8409586057
=-3,935

Telefonica SA's Cash from Financing for the quarter that ended in Jun. 2016 is

Cash from Financing(Q: Jun. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-730.56741573+3113.48314607+0+-2455.05617978+-1508.75842697
=-1,581

Telefonica SA Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2016 was 0 (Sep. 2015 ) + 0 (Dec. 2015 ) + 0 (Mar. 2016 ) + -1580.8988764 (Jun. 2016 ) = $-1,581 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.

Telefonica SA's net issuance of stock for the three months ended in Jun. 2016 was $-731 Mil. Telefonica SA paid $731 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.

Telefonica SA's net issuance of debt for the three months ended in Jun. 2016 was $3,113 Mil. Telefonica SA received $3,113 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.

Telefonica SA's net issuance of preferred for the three months ended in Jun. 2016 was $0 Mil. Telefonica 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.

Telefonica SA's cash flow for dividends for the three months ended in Jun. 2016 was $-2,455 Mil. Telefonica SA spent $2,455 Mil paying cash dividends to shareholders.

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

Telefonica SA's other financing for the three months ended in Jun. 2016 was $-1,509 Mil. Telefonica SA spent $1,509 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.

Telefonica SA Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Net Issuance of Stock 000000089-5272,705
Net Issuance of Debt 26,571-5,718-1,4655,1082,4924,0181,803-4,188-6,137-3,570
Net Issuance of Preferred 0000000000
Dividends -4,222-4,869-6,000-7,052-8,266-9,957-4,295-2,993-2,871-3,023
Other Financing -3,099-3,132-3,028-1,380-1,168-5258613,4094,551-47
Cash from Financing 19,250-13,719-10,493-3,325-6,942-6,463-1,631-3,683-4,983-3,935

Telefonica SA Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Net Issuance of Stock 000003,942000-731
Net Issuance of Debt 00000-15,0830003,113
Net Issuance of Preferred 0000000000
Dividends 00000-2,595000-2,455
Other Financing 0000036,572000-1,509
Cash from Financing 0000022,836000-1,581
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK