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H&R Block Inc (NYSE:HRB)
Cash Flow from Financing
$-442 Mil (TTM As of Oct. 2016)

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 Oct. 2016, H&R Block Inc paid $170 Mil more to buy back shares than it received from issuing new shares. It received $0 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $47 Mil paying cash dividends to shareholders. It received $456 Mil on other financial activities. In all, H&R Block Inc earned $238 Mil on financial activities for the three months ended in Oct. 2016.


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.

H&R Block Inc's Cash from Financing for the fiscal year that ended in Apr. 2016 is calculated as:

Cash from Financing(A: Apr. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-2018.338+996.831+0+-201.688+-738.534
=-1,962

H&R Block Inc's Cash from Financing for the quarter that ended in Oct. 2016 is

Cash from Financing(Q: Oct. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-170.199+0+0+-47.457+456.036
=238

H&R Block Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Oct. 2016 was 709.775 (Jan. 2016 ) + -1273.533 (Apr. 2016 ) + -116.966 (Jul. 2016 ) + 238.38 (Oct. 2016 ) = $-442 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

H&R Block Inc's net issuance of stock for the three months ended in Oct. 2016 was $-170 Mil. H&R Block Inc paid $170 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.

H&R Block Inc's net issuance of debt for the three months ended in Oct. 2016 was $0 Mil. H&R Block Inc received $0 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.

H&R Block Inc's net issuance of preferred for the three months ended in Oct. 2016 was $0 Mil. H&R Block 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.

H&R Block Inc's cash flow for dividends for the three months ended in Oct. 2016 was $-47 Mil. H&R Block Inc spent $47 Mil paying cash dividends to shareholders.

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

H&R Block Inc's other financing for the three months ended in Oct. 2016 was $456 Mil. H&R Block Inc received $456 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 local exchange's currency.

H&R Block Inc Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
Net Issuance of Stock -163-735-254-284-181-340-6-10-2,018
Net Issuance of Debt 1,171-943-29-8-61-51-1390-400997
Net Issuance of Preferred 0000000000
Dividends -172-184-199-201-187-209-217-219-220-202
Other Financing 1,155-424152-18-3-5113-140-15-739
Cash from Financing 1,991-1,558-40-481-534-445-585-365-646-1,962

H&R Block Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
Net Issuance of Stock -9-1-0-0-18-1,500-371-130-45-170
Net Issuance of Debt 0000000000
Net Issuance of Preferred 0000000000
Dividends -55-55-55-55-55-55-47-44-49-47
Other Financing -284-4411,432-1,122-2785081,128-1,100-23456
Cash from Financing -348-4971,377-1,177-351-1,047710-1,274-117238
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