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Forest City Enterprises Inc (NYSE:FCE.A)
Cash from Financing
$-737 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, Forest City Enterprises Inc paid $0 Mil more to buy back shares than it received from issuing new shares. It spent $324 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $2 Mil paying cash dividends to shareholders. It spent $41 Mil on other financial activities. In all, Forest City Enterprises Inc spent $367 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.

Forest City Enterprises Inc's Cash from Financing for the fiscal year that ended in Jan. 2013 is calculated as:

Cash from Financing(A: Jan. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-1.963+313.798+-22.37+-40.74+-39.158
=210

Forest City Enterprises Inc's Cash from Financing for the quarter that ended in Sep. 2014 is

Cash from Financing(Q: Sep. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-0.019+-324.056+0+-1.852+-40.851
=-367

Forest City Enterprises Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2014 was -438.525 (Oct. 2013 ) + -6.821 (Mar. 2014 ) + 74.868 (Jun. 2014 ) + -366.778 (Sep. 2014 ) = $-737 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.

Forest City Enterprises Inc's net issuance of stock for the three months ended in Sep. 2014 was $-0 Mil. Forest City Enterprises Inc paid $0 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.

Forest City Enterprises Inc's net issuance of debt for the three months ended in Sep. 2014 was $-324 Mil. Forest City Enterprises Inc spent $324 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.

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

Forest City Enterprises Inc's cash flow for dividends for the three months ended in Sep. 2014 was $-2 Mil. Forest City Enterprises Inc spent $2 Mil paying cash dividends to shareholders.

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

Forest City Enterprises Inc's other financing for the three months ended in Sep. 2014 was $-41 Mil. Forest City Enterprises Inc spent $41 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.

Forest City Enterprises Inc Annual Data

Jan04Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13
Net Issuance of Stock 001310-4-4352-1-2-2
Net Issuance of Debt 00001,0401,036415374286314
Net Issuance of Preferred 0000000270-22
Dividends -15-29-22-27-31-330-33-105-41
Other Financing 262644544528-108-22-49154-13-39
Cash from Financing 247615534511897977718522166210

Forest City Enterprises Inc Quarterly Data

Jul12Oct12Jan13Mar13Apr13Jul13Oct13Mar14Jun14Sep14
Net Issuance of Stock -0-0-0-01821-42-0-4-0
Net Issuance of Debt 79237-564-1145-412692-324
Net Issuance of Preferred 0-16-6-5-500000
Dividends -20-7-6-2-5-1-24-5-2-2
Other Financing -12-19-411-7-7840-8-11-41
Cash from Financing 47194-737-187-439-775-367
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