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Lafarge SA (OTCPK:LFRGY)
Cash from Financing
$-2,250 Mil (TTM As of Sep. 2014)

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 Sep. 2014, Lafarge SA paid $0 Mil more to buy back shares than it received from issuing new shares. It received $59 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $372 Mil paying cash dividends to shareholders. It spent $64 Mil on other financial activities. In all, Lafarge SA spent $378 Mil on financial activities for the three months ended in Sep. 2014.


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.

Lafarge SA's Cash from Financing for the fiscal year that ended in Dec. 2013 is calculated as:

Cash from Financing(A: Dec. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=4.11522633745+-194.787379973+0+-396.433470508+-43.8957475995
=-631

Lafarge SA's Cash from Financing for the quarter that ended in Sep. 2014 is

Cash from Financing(Q: Sep. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+59.2783505155+0+-372.422680412+-64.4329896907
=-378

Lafarge SA Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2014 was -932.784636488 (Dec. 2013 ) + -116.182572614 (Mar. 2014 ) + -823.369565217 (Jun. 2014 ) + -377.577319588 (Sep. 2014 ) = $-2,250 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.

Lafarge SA's net issuance of stock for the three months ended in Sep. 2014 was $0 Mil. Lafarge SA paid $0 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.

Lafarge SA's net issuance of debt for the three months ended in Sep. 2014 was $59 Mil. Lafarge SA received $59 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.

Lafarge SA's net issuance of preferred for the three months ended in Sep. 2014 was $0 Mil. Lafarge SA 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.

Lafarge SA's cash flow for dividends for the three months ended in Sep. 2014 was $-372 Mil. Lafarge SA spent $372 Mil paying cash dividends to shareholders.

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

Lafarge SA's other financing for the three months ended in Sep. 2014 was $-64 Mil. Lafarge SA spent $64 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.

Lafarge SA Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock 344517292-624272,23654114124
Net Issuance of Debt -60733,007-8759,420-3,625962-2,371-1,226-195
Net Issuance of Preferred 0000000000
Dividends -513-539-591-949-1,420-781-1,122-641-190-396
Other Financing -368-225-204261220156-430-365-44
Cash from Financing -1,144-2442,504-2,4228,149-2,17150-3,328-1,769-631

Lafarge SA Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Net Issuance of Stock 0000310-1880
Net Issuance of Debt 24715-1,8775823027-870-83-81059
Net Issuance of Preferred 0000000000
Dividends 0-187000-386000-372
Other Financing -177-18-152-80-79182-63-15-22-64
Cash from Financing -153510-2,029501-46-176-933-116-823-378
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