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Kimco Realty Corp (NYSE:KIM)
Cash Flow from Financing
\$-805 Mil (TTM As of Dec. 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 Dec. 2016, Kimco Realty Corp received \$1 Mil more from issuing new shares than it paid to buy back shares. It received \$48 Mil from issuing more debt. It paid \$0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent \$120 Mil paying cash dividends to shareholders. It spent \$21 Mil on other financial activities. In all, Kimco Realty Corp spent \$93 Mil on financial activities for the three months ended in Dec. 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.

Kimco Realty Corp's Cash from Financing for the fiscal year that ended in Dec. 2016 is calculated as:

 Cash from Financing (A: Dec. 2016 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = 307.395 + -600.971 + 0 + -474.045 + -36.906 = -805

Kimco Realty Corp's Cash from Financing for the quarter that ended in Dec. 2016 is

 Cash from Financing (Q: Dec. 2016 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = 0.586 + 47.501 + 0 + -119.933 + -20.923 = -93

Kimco Realty Corp Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2016 was -232.292 (Mar. 2016 ) + -146.623 (Jun. 2016 ) + -332.843 (Sep. 2016 ) + -92.769 (Dec. 2016 ) = \$-805 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.

Kimco Realty Corp's net issuance of stock for the three months ended in Dec. 2016 was \$1 Mil. Kimco Realty Corp received \$1 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.

Kimco Realty Corp's net issuance of debt for the three months ended in Dec. 2016 was \$48 Mil. Kimco Realty Corp received \$48 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.

Kimco Realty Corp's net issuance of preferred for the three months ended in Dec. 2016 was \$0 Mil. Kimco Realty Corp 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.

Kimco Realty Corp's cash flow for dividends for the three months ended in Dec. 2016 was \$-120 Mil. Kimco Realty Corp spent \$120 Mil paying cash dividends to shareholders.

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

Kimco Realty Corp's other financing for the three months ended in Dec. 2016 was \$-21 Mil. Kimco Realty Corp spent \$21 Mil on other financial activities.

Related Terms

Historical Data

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

Kimco Realty Corp Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Net Issuance of Stock 485 384 1,033 97 1 766 30 24 19 307 Net Issuance of Debt 573 349 -762 -300 -49 -103 -227 -300 66 -601 Net Issuance of Preferred 0 0 0 0 0 -635 0 0 -175 0 Dividends -385 -469 -331 -307 -354 -383 -400 -428 -456 -474 Other Financing -89 -1 -14 -5 -38 -44 -38 -13 34 -37 Cash from Financing 584 262 -74 -515 -440 -399 -635 -717 -513 -805

Kimco Realty Corp Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Net Issuance of Stock 4 8 10 3 2 3 111 45 150 1 Net Issuance of Debt -218 -185 484 -182 -43 -193 -227 -66 -355 48 Net Issuance of Preferred 0 0 0 0 0 0 0 0 0 0 Dividends -107 -107 -113 -114 -114 -115 -117 -118 -119 -120 Other Financing 0 -0 98 -34 -1 -205 1 -7 -10 -21 Cash from Financing -322 -285 478 -326 -156 -509 -232 -147 -333 -93
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