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Goldcorp Inc (NYSE:GG)
Cash from Financing
$-352 Mil (TTM As of Jun. 2015)

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 Jun. 2015, Goldcorp Inc received $7 Mil more from issuing new shares than it paid to buy back shares. It spent $314 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $124 Mil paying cash dividends to shareholders. It received $21 Mil on other financial activities. In all, Goldcorp Inc spent $410 Mil on financial activities for the three months ended in Jun. 2015.


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.

Goldcorp Inc's Cash from Financing for the fiscal year that ended in Dec. 2014 is calculated as:

Goldcorp Inc's Cash from Financing for the quarter that ended in Jun. 2015 is

Goldcorp Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2015 was -484 (Sep. 2014 ) + 354 (Dec. 2014 ) + 188 (Mar. 2015 ) + -410 (Jun. 2015 ) = $-352 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.

Goldcorp Inc's net issuance of stock for the three months ended in Jun. 2015 was $7 Mil. Goldcorp Inc received $7 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.

Goldcorp Inc's net issuance of debt for the three months ended in Jun. 2015 was $-314 Mil. Goldcorp Inc spent $314 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.

Goldcorp Inc's net issuance of preferred for the three months ended in Jun. 2015 was $0 Mil. Goldcorp 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.

Goldcorp Inc's cash flow for dividends for the three months ended in Jun. 2015 was $-124 Mil. Goldcorp Inc spent $124 Mil paying cash dividends to shareholders.

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

Goldcorp Inc's other financing for the three months ended in Jun. 2015 was $21 Mil. Goldcorp 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.

Goldcorp Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Issuance of Stock 13171310910882964774435
Net Issuance of Debt 0845140-6398720001,4811,069
Net Issuance of Preferred 0000000000
Dividends -151-79-127-129-132-154-330-438-486-488
Other Financing -1000-2350001600
Cash from Financing -221,478122-660799-9147-3941,158586

Goldcorp Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Net Issuance of Stock 00000311137
Net Issuance of Debt 1,481000600357-313394297-314
Net Issuance of Preferred 0000000000
Dividends -122-121-122-121-122-122-122-122-122-124
Other Financing 131032900-5081021
Cash from Financing 1,490-121-119-92478238-484354188-410
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