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BHP Billiton Ltd (NYSE:BHP)
Cash from Financing
$822 Mil (TTM As of Dec. 2013)

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. 2013, BHP Billiton Ltd received $9 Mil more from issuing new shares than it paid to buy back shares. It received $4,061 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $3,328 Mil paying cash dividends to shareholders. It received $1,097 Mil on other financial activities. In all, BHP Billiton Ltd earned $1,839 Mil on financial activities for the six months ended in Dec. 2013.


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.

BHP Billiton Ltd's Cash from Financing for the fiscal year that ended in Jun. 2013 is calculated as:

Cash from Financing(A: Jun. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=21+7381+0+-6149+-431
=822

BHP Billiton Ltd's Cash from Financing for the quarter that ended in Dec. 2013 is

Cash from Financing(Q: Dec. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=9+4061+0+-3328+1097
=1,839

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BHP Billiton Ltd Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2013 was $822 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.

BHP Billiton Ltd's net issuance of stock for the six months ended in Dec. 2013 was $9 Mil. BHP Billiton Ltd received $9 Mil more from issuing new shares than it paid to buy back 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.

BHP Billiton Ltd's net issuance of debt for the six months ended in Dec. 2013 was $4,061 Mil. BHP Billiton Ltd received $4,061 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.

BHP Billiton Ltd's net issuance of preferred for the six months ended in Dec. 2013 was $0 Mil. BHP Billiton 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.

BHP Billiton Ltd's cash flow for dividends for the six months ended in Dec. 2013 was $-3,328 Mil. BHP Billiton Ltd spent $3,328 Mil paying cash dividends to shareholders.

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

BHP Billiton Ltd's other financing for the six months ended in Dec. 2013 was $1,097 Mil. BHP Billiton Ltd received $1,097 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.

BHP Billiton Ltd Annual Data

Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
Net Issuance of Stock 51-1,773-2,181-5,884-3,341-14012-9,828-6221
Net Issuance of Debt -9613,911-1,2451,614-4083,929-485-7999,0077,381
Net Issuance of Preferred 0000000000
Dividends -1,576-1,404-2,126-2,339-3,250-4,969-4,560-5,144-5,832-6,149
Other Financing -9-2380000-274-247-604-431
Cash from Financing -2,495496-5,552-6,609-6,999-1,180-5,307-16,0182,509822

BHP Billiton Ltd Semi-Annual Data

Jun09Dec09Jun10Dec10Jun11Dec11Jun12Dec12Jun13Dec13
Net Issuance of Stock -70-176188-236-9,592-3883268139
Net Issuance of Debt 5,028-387-98-98-7015,5993,4086,6017804,061
Net Issuance of Preferred 0000000000
Dividends -2,483-2,451-2,109-2,554-2,590-2,933-2,899-3,288-2,861-3,328
Other Financing 00-274-327800-604-295-1361,097
Cash from Financing 2,475-3,014-2,293-3,215-12,8032,2782313,026-2,2041,839
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