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Community Trust Bancorp, Inc. (NAS:CTBI)
Cash from Financing
$-69.6 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, Community Trust Bancorp, Inc. received $4.0 Mil more from issuing new shares than it paid to buy back shares. It spent $30.0 Mil paying down its debt. It paid $0.0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $9.9 Mil paying cash dividends to shareholders. It spent $27.8 Mil on other financial activities. In all, Community Trust Bancorp, Inc. spent $63.8 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.

Community Trust Bancorp, 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
=6.348+-0.143+0+-24.546+-51.248
=-69.6

Community Trust Bancorp, 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
=3.972+-30.03+0+-9.856+-27.838
=-63.8

Community Trust Bancorp, Inc. Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2013 was 32.062 (Mar. 2013 ) + -26 (Jun. 2013 ) + -11.899 (Sep. 2013 ) + -63.752 (Dec. 2013 ) = $-69.6 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.

Community Trust Bancorp, Inc.'s net issuance of stock for the three months ended in Dec. 2013 was $4.0 Mil. Community Trust Bancorp, Inc. received $4.0 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.

Community Trust Bancorp, Inc.'s net issuance of debt for the three months ended in Dec. 2013 was $-30.0 Mil. Community Trust Bancorp, Inc. spent $30.0 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.

Community Trust Bancorp, Inc.'s net issuance of preferred for the three months ended in Dec. 2013 was $0.0 Mil. Community Trust Bancorp, Inc. paid $0.0 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.

Community Trust Bancorp, Inc.'s cash flow for dividends for the three months ended in Dec. 2013 was $-9.9 Mil. Community Trust Bancorp, Inc. spent $9.9 Mil paying cash dividends to shareholders.

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

Community Trust Bancorp, Inc.'s other financing for the three months ended in Dec. 2013 was $-27.8 Mil. Community Trust Bancorp, Inc. spent $27.8 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.

Community Trust Bancorp, Inc. Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock 0.43.43.2-3.40.12.31.91.34.46.3
Net Issuance of Debt 146.63.9-10.7-40.611.4-40.1-0.60.4-20.2-0.1
Net Issuance of Preferred 0.00.00.00.00.00.00.00.00.00.0
Dividends -12.4-14.3-15.7-16.4-17.4-18.1-18.3-18.7-19.2-24.5
Other Financing 72.836.394.6-48.238.3153.784.4204.517.1-51.2
Cash from Financing 207.429.371.5-108.632.497.967.4187.5-17.9-69.6

Community Trust Bancorp, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Net Issuance of Stock 0.30.32.01.01.10.30.90.41.14.0
Net Issuance of Debt -0.1-0.0-20.0-0.0-0.0-0.0-0.0-0.030.0-30.0
Net Issuance of Preferred 0.00.00.00.00.00.00.00.00.00.0
Dividends -4.7-4.7-4.8-4.8-4.8-4.9-4.9-4.9-4.9-9.9
Other Financing 47.354.484.6-43.2-11.4-12.936.1-21.4-38.1-27.8
Cash from Financing 42.949.961.8-47.0-15.2-17.532.1-26.0-11.9-63.8
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