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Wisconsin Energy Corp (NYSE:WEC)
Cash Flow from Operations
$1,215 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, Wisconsin Energy Corp's Net Income From Continuing Operations was $126 Mil. Its DDA was $106 Mil. Its Change In Working Capital was $50 Mil. Its cash flow from deferred tax was $71 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. And its Cash Flow from Others was $-39 Mil. In all, Wisconsin Energy Corp's Cash Flow from Operations for the three months ended in Sep. 2014 was $313 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.

Wisconsin Energy Corp's Cash Flow from Operations for the fiscal year that ended in Dec. 2013 is calculated as:

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

Wisconsin Energy Corp Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2014 was 180.7 (Dec. 2013 ) + 385.1 (Mar. 2014 ) + 336.2 (Jun. 2014 ) + 313.3 (Sep. 2014 ) = $1,215 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.

Wisconsin Energy Corp's net income from continuing operations for the three months ended in Sep. 2014 was $126 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

Wisconsin Energy Corp's depreciation, depletion and amortization for the three months ended in Sep. 2014 was $106 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.

Wisconsin Energy Corp's change in working capital for the three months ended in Sep. 2014 was $50 Mil. It means Wisconsin Energy Corp's working capital increased by $50 Mil from Jun. 2014 to Sep. 2014 .

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

Wisconsin Energy Corp's cash flow from deferred tax for the three months ended in Sep. 2014 was $71 Mil.

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

Wisconsin Energy 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).

Wisconsin Energy Corp's cash flow from others for the three months ended in Sep. 2014 was $-39 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.

Wisconsin Energy Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
NetIncomeFromContinuingOperations 220304316336359382457526546577
CF_DDA 353350366338332349317336372400
ChangeInWorkingCapital -82-18230-1862361-111168-109
CF_DeferredTax 763-5420297187105431352313
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others 103417224-274-351-58-301-26449
Cash Flow from Operations 5995777305337366298109931,1741,231

Wisconsin Energy Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
NetIncomeFromContinuingOperations 119156546177119138144208133126
CF_DDA 93949498100100103104103106
ChangeInWorkingCapital 18167-77151885-22618350
CF_DeferredTax 731081034310077931127671
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others -35-142-484-215-3167-39-59-39
Cash Flow from Operations 268384182330351369181385336313
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