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Discovery Communications Inc (NAS:DISCK)
Cash from Financing
$-708 Mil (TTM As of Sep. 2014)

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 Sep. 2014, Discovery Communications Inc paid $298 Mil more to buy back shares than it received from issuing new shares. It received $109 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It received $0 Mil from paying cash dividends to shareholders. It received $21 Mil on other financial activities. In all, Discovery Communications Inc spent $168 Mil on financial activities for the three months ended in Sep. 2014.


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.

Discovery Communications 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
=-1049+1186+-256+0+34
=-85

Discovery Communications Inc's Cash from Financing for the quarter that ended in Sep. 2014 is

Discovery Communications Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2014 was -339 (Dec. 2013 ) + 140 (Mar. 2014 ) + -341 (Jun. 2014 ) + -168 (Sep. 2014 ) = $-708 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.

Discovery Communications Inc's net issuance of stock for the three months ended in Sep. 2014 was $-298 Mil. Discovery Communications Inc paid $298 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.

Discovery Communications Inc's net issuance of debt for the three months ended in Sep. 2014 was $109 Mil. Discovery Communications Inc received $109 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.

Discovery Communications Inc's net issuance of preferred for the three months ended in Sep. 2014 was $0 Mil. Discovery Communications 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.

Discovery Communications Inc's cash flow for dividends for the three months ended in Sep. 2014 was $0 Mil. Discovery Communications Inc received $0 Mil from paying cash dividends to shareholders.

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

Discovery Communications Inc's other financing for the three months ended in Sep. 2014 was $21 Mil. Discovery Communications Inc received $21 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.

Discovery Communications Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock 0001300-558-937-1,380-1,049
Net Issuance of Debt 00-0-1-411-371776199811,186
Net Issuance of Preferred 000000000-256
Dividends 00000-13-31-700
Other Financing 3120600-36328-129289434
Cash from Financing 31206012-774-356-641-297-305-85

Discovery Communications Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Net Issuance of Stock -404-454-2340-265-704-80-266-503-298
Net Issuance of Debt 9701101,186000412159109
Net Issuance of Preferred 0000-2560-256000
Dividends 0000000000
Other Financing 23-51-419278-3-6321
Cash from Financing 589-448-2331,182-502-426-339140-341-168
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