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Diageo PLC (NYSE:DEO)
Cash from Financing
$-323 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, Diageo PLC paid $158 Mil more to buy back shares than it received from issuing new shares. It received $229 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $1,311 Mil paying cash dividends to shareholders. It received $0 Mil on other financial activities. In all, Diageo PLC spent $1,241 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.

Diageo PLC'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
=-320.182094082+1872.53414264+0+-1875.56904401+2.27373675443E-13
=-323

Diageo PLC'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
=-158.154859967+228.995057661+0+-1311.36738056+0
=-1,241

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Diageo PLC Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2013 was $-323 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.

Diageo PLC's net issuance of stock for the six months ended in Dec. 2013 was $-158 Mil. Diageo PLC paid $158 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.

Diageo PLC's net issuance of debt for the six months ended in Dec. 2013 was $229 Mil. Diageo PLC received $229 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.

Diageo PLC's net issuance of preferred for the six months ended in Dec. 2013 was $0 Mil. Diageo PLC 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.

Diageo PLC's cash flow for dividends for the six months ended in Dec. 2013 was $-1,311 Mil. Diageo PLC spent $1,311 Mil paying cash dividends to shareholders.

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

Diageo PLC's other financing for the six months ended in Dec. 2013 was $0 Mil. Diageo PLC received $0 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.

Diageo PLC Annual Data

Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
Net Issuance of Stock -564-1,282-2,650-2,909-2,157-642130-13-240-320
Net Issuance of Debt -455-6635702,4962,175419-645-6697991,873
Net Issuance of Preferred 0000000000
Dividends -1,474-1,485-1,595-1,747-1,704-1,424-1,398-1,753-1,800-1,876
Other Financing -180-528-0100-00170
Cash from Financing -2,673-3,958-3,674-2,160-1,686-1,646-1,913-2,435-1,225-323

Diageo PLC Semi-Annual Data

Jun09Dec09Jun10Dec10Jun11Dec11Jun12Dec12Jun13Dec13
Net Issuance of Stock 136667-4634-32586-89-235-158
Net Issuance of Debt -2,530483-1,102-107-5591,981-1,192221,851229
Net Issuance of Preferred 0000000000
Dividends -561-890-555-924-806-1,059-736-1,169-765-1,311
Other Financing 0-00-0-0017000
Cash from Financing -3,079-341-1,590-1,077-1,331598-1,825-1,236851-1,241
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