Switch to:
Discovery Communications Inc (NAS:DISCK)
Cash Flow from Operations
$1,248 Mil (TTM As of Sep. 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 Sep. 2014, Discovery Communications Inc's Net Income From Continuing Operations was $287 Mil. Its DDA was $85 Mil. Its Change In Working Capital was $-317 Mil. Its cash flow from deferred tax was $-51 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. And its Cash Flow from Others was $416 Mil. In all, Discovery Communications Inc's Cash Flow from Operations for the three months ended in Sep. 2014 was $420 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.

Discovery Communications Inc's Cash Flow from Operations for the fiscal year that ended in Dec. 2013 is calculated as:

Discovery Communications Inc's Cash Flow from Operations for the quarter that ended in Sep. 2014 is

Discovery Communications Inc Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2014 was 355 (Dec. 2013 ) + 241 (Mar. 2014 ) + 232 (Jun. 2014 ) + 420 (Sep. 2014 ) = $1,248 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.

Discovery Communications Inc's net income from continuing operations for the three months ended in Sep. 2014 was $287 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

Discovery Communications Inc's depreciation, depletion and amortization for the three months ended in Sep. 2014 was $85 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.

Discovery Communications Inc's change in working capital for the three months ended in Sep. 2014 was $-317 Mil. It means Discovery Communications Inc's working capital declined by $317 Mil from Jun. 2014 to Sep. 2014 .

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

Discovery Communications Inc's cash flow from deferred tax for the three months ended in Sep. 2014 was $-51 Mil.

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

Discovery Communications Inc's cash flow from discontinued operations for the three months ended in Sep. 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).

Discovery Communications Inc's cash flow from others for the three months ended in Sep. 2014 was $416 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.

Discovery Communications Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
NetIncomeFromContinuingOperations 6633-46-683175646691,1339451,077
CF_DDA 78766868232155132119117276
ChangeInWorkingCapital -11819-15-316-830-1,151-1,142-1,056-1,521
CF_DeferredTax 32504256190-131140-7083
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others -80-82-10161467661,0079501,1631,370
Cash Flow from Operations 848574575696426681,1001,0991,285

Discovery Communications Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
NetIncomeFromContinuingOperations 293206224231300256290231384287
CF_DDA 31263032788086837585
ChangeInWorkingCapital -395-156-206-538-402-225-356-409-511-317
CF_DeferredTax -4911-1013455-61-35-38-51
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others 261295290272358344396371322416
Cash Flow from Operations 141382328131339460355241232420
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)
Free 7-day Trial
FEEDBACK