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Goldcorp Inc (NYSE:GG)
Cash from Financing
$296 Mil (TTM As of Mar. 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 Mar. 2015, Goldcorp Inc received $13 Mil more from issuing new shares than it paid to buy back shares. It received $297 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $122 Mil paying cash dividends to shareholders. It received $0 Mil on other financial activities. In all, Goldcorp Inc earned $188 Mil on financial activities for the three months ended in Mar. 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 Mar. 2015 is

Goldcorp Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2015 was 238 (Jun. 2014 ) + -484 (Sep. 2014 ) + 354 (Dec. 2014 ) + 188 (Mar. 2015 ) = $296 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 Mar. 2015 was $13 Mil. Goldcorp Inc received $13 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 Mar. 2015 was $297 Mil. Goldcorp Inc received $297 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.

Goldcorp Inc's net issuance of preferred for the three months ended in Mar. 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 Mar. 2015 was $-122 Mil. Goldcorp Inc spent $122 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 Mar. 2015 was $0 Mil. Goldcorp Inc 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.

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

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Net Issuance of Stock 120000031113
Net Issuance of Debt 01,481000600388-313394297
Net Issuance of Preferred 0000000000
Dividends -110-122-121-122-121-122-122-122-122-122
Other Financing 013103290-31-50810
Cash from Financing -981,490-121-119-92478238-484354188
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