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Group 1 Automotive Inc (NYSE:GPI)
Cash from Financing
$178 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, Group 1 Automotive Inc paid $16 Mil more to buy back shares than it received from issuing new shares. It received $88 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $5 Mil paying cash dividends to shareholders. It received $0 Mil on other financial activities. In all, Group 1 Automotive Inc earned $68 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.

Group 1 Automotive Inc's Cash from Financing for the fiscal year that ended in Dec. 2014 is calculated as:

Cash from Financing(A: Dec. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-37.123+225.91+0+-17.097+-0.04
=172

Group 1 Automotive Inc's Cash from Financing for the quarter that ended in Jun. 2015 is

Cash from Financing(Q: Jun. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-15.919+88.291+0+-4.845+0.435
=68

Group 1 Automotive Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2015 was -36.625 (Sep. 2014 ) + 144.852 (Dec. 2014 ) + 1.961 (Mar. 2015 ) + 67.962 (Jun. 2015 ) = $178 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.

Group 1 Automotive Inc's net issuance of stock for the three months ended in Jun. 2015 was $-16 Mil. Group 1 Automotive Inc paid $16 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.

Group 1 Automotive Inc's net issuance of debt for the three months ended in Jun. 2015 was $88 Mil. Group 1 Automotive Inc received $88 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.

Group 1 Automotive Inc's net issuance of preferred for the three months ended in Jun. 2015 was $0 Mil. Group 1 Automotive 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.

Group 1 Automotive Inc's cash flow for dividends for the three months ended in Jun. 2015 was $-5 Mil. Group 1 Automotive Inc spent $5 Mil paying cash dividends to shareholders.

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

Group 1 Automotive Inc's other financing for the three months ended in Jun. 2015 was $0 Mil. Group 1 Automotive 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.

Group 1 Automotive Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Issuance of Stock -0-42-5823-68-51-12-5-37
Net Issuance of Debt -313317459-3-36517569314254226
Net Issuance of Preferred 0000000000
Dividends 0-13-13-110-2-11-13-16-17
Other Financing -3-44-3-22-026233-0
Cash from Financing -315217384-34-3611309291236172

Group 1 Automotive Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Net Issuance of Stock -010-6-1810-20-18-16
Net Issuance of Debt 15-31-13283-21110-321692488
Net Issuance of Preferred 0000000000
Dividends -4-4-4-4-4-4-4-5-5-5
Other Financing 10021-1-1110
Cash from Financing 12-33-17274-42106-37145268
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