Switch to:
Coca-Cola Enterprises Inc (NYSE:CCE)
Cash from Financing
$-896 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 three months ended in Dec. 2013, Coca-Cola Enterprises Inc paid $118 Mil more to buy back shares than it received from issuing new shares. It spent $113 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $52 Mil paying cash dividends to shareholders. It received $7 Mil on other financial activities. In all, Coca-Cola Enterprises Inc spent $276 Mil on financial activities for the three 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.

Coca-Cola Enterprises Inc's Cash from Financing for the fiscal year that ended in Dec. 2013 is calculated as:

Cash from Financing(A: Dec. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-1006+308+0+-213+15
=-896

Coca-Cola Enterprises Inc'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
=-118+-113+0+-52+7
=-276

Coca-Cola Enterprises Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2013 was -419 (Mar. 2013 ) + -15 (Jun. 2013 ) + -186 (Sep. 2013 ) + -276 (Dec. 2013 ) = $-896 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.

Coca-Cola Enterprises Inc's net issuance of stock for the three months ended in Dec. 2013 was $-118 Mil. Coca-Cola Enterprises Inc paid $118 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.

Coca-Cola Enterprises Inc's net issuance of debt for the three months ended in Dec. 2013 was $-113 Mil. Coca-Cola Enterprises Inc spent $113 Mil paying down its 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.

Coca-Cola Enterprises Inc's net issuance of preferred for the three months ended in Dec. 2013 was $0 Mil. Coca-Cola Enterprises Inc 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.

Coca-Cola Enterprises Inc's cash flow for dividends for the three months ended in Dec. 2013 was $-52 Mil. Coca-Cola Enterprises Inc spent $52 Mil paying cash dividends to shareholders.

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

Coca-Cola Enterprises Inc's other financing for the three months ended in Dec. 2013 was $7 Mil. Coca-Cola Enterprises Inc received $7 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.

Coca-Cola Enterprises Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock 181407312300-200-800-780-1,006
Net Issuance of Debt -737-814-534-817-9-29368746414308
Net Issuance of Preferred 0000000000
Dividends -76-76-114-116-1380-40-162-187-213
Other Financing 04641121-307-27287-315
Cash from Financing -632-804-571-799-126-336-144-129-556-896

Coca-Cola Enterprises Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Net Issuance of Stock -200-200-150-225-225-180-287-301-300-118
Net Issuance of Debt 3290-4160261-3-90348163-113
Net Issuance of Preferred 0000000000
Dividends -41-40-48-47-47-45-55-54-52-52
Other Financing 2566-143213-837
Cash from Financing 113-234-196-126-8-226-419-15-186-276
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
Hide