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Starbucks Corp (FRA:SRB)
Cash Flow from Operations
€481 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, Starbucks Corp's Net Income From Continuing Operations was €456 Mil. Its DDA was €151 Mil. Its Change In Working Capital was €100 Mil. Its cash flow from deferred tax was €-17 Mil. Its Cash Flow from Discontinued Operations was €0 Mil. And its Cash Flow from Others was €-114 Mil. In all, Starbucks Corp's Cash Flow from Operations for the three months ended in Sep. 2014 was €575 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.

Starbucks Corp's Cash Flow from Operations for the fiscal year that ended in Sep. 2014 is calculated as:

Cash Flow from Operations(A: Sep. 2014 )
=Net Income From Continuing Operations+DDA+Change In Working Capital+Deferred Tax
=1604.11171451+580.605120248+-1714.35221102+7.91311093871
+Cash Flow from Discontinued Operations+Cash Flow from Others
+0+-6.74941815361
=472

Starbucks Corp's Cash Flow from Operations for the quarter that ended in Sep. 2014 is

Cash Flow from Operations(Q: Sep. 2014 )
=Net Income From Continuing Operations+DDA+Change In Working Capital+Deferred Tax
=455.779674166+150.81458495+99.844840962+-16.9899146625
+Cash Flow from Discontinued Operations+Cash Flow from Others
+0+-114.429790535
=575

Starbucks Corp Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2014 was -1021.79300292 (Dec. 2013 ) + 302.530730296 (Mar. 2014 ) + 625.5334805 (Jun. 2014 ) + 575.01939488 (Sep. 2014 ) = €481 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.

Starbucks Corp's net income from continuing operations for the three months ended in Sep. 2014 was €456 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

Starbucks Corp's depreciation, depletion and amortization for the three months ended in Sep. 2014 was €151 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.

Starbucks Corp's change in working capital for the three months ended in Sep. 2014 was €100 Mil. It means Starbucks Corp's working capital increased by €100 Mil from Jun. 2014 to Sep. 2014 .

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

Starbucks Corp's cash flow from deferred tax for the three months ended in Sep. 2014 was €-17 Mil.

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

Starbucks Corp'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).

Starbucks Corp's cash flow from others for the three months ended in Sep. 2014 was €-114 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.

Starbucks Corp Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
NetIncomeFromContinuingOperations 4054444842202697239071,07471,604
CF_DDA 309326354421386413400450491581
ChangeInWorkingCapital -231741155315883-256-313550-1,714
CF_DeferredTax -26-66-27-82-48-327747-7838
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others 91123226518811444991,914-7
Cash Flow from Operations 7558909578779531,3001,1721,3582,179472

Starbucks Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
NetIncomeFromContinuingOperations 266279330302317-923394309377456
CF_DDA 111119120125122132131133140151
ChangeInWorkingCapital 4734329-17346350-1,607-16670100
CF_DeferredTax -92113-188-786260-3-17
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others 2432230111,879342642-114
Cash Flow from Operations 439484813236504652-1,022303626575
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