Switch to:
GuruFocus has detected 4 Warning Signs with Li & Fung Ltd $LFUGF.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Li & Fung Ltd (OTCPK:LFUGF)
Cash Flow from Financing
$79 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 six months ended in Dec. 2016, Li & Fung Ltd paid $0 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 $104 Mil paying cash dividends to shareholders. It received $395 Mil on other financial activities. In all, Li & Fung Ltd earned $291 Mil on financial activities for the six 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.

Li & Fung Ltd'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
=-0.012+-166.639+0+-281.961+527.975
=79

Li & Fung Ltd'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+0+0+-104.291+394.794
=291

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Li & Fung Ltd Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2016 was $79 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.

Li & Fung Ltd's net issuance of stock for the six months ended in Dec. 2016 was $0 Mil. Li & Fung Ltd 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.

Li & Fung Ltd's net issuance of debt for the six months ended in Dec. 2016 was $0 Mil. Li & Fung Ltd 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.

Li & Fung Ltd's net issuance of preferred for the six months ended in Dec. 2016 was $0 Mil. Li & Fung Ltd 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.

Li & Fung Ltd's cash flow for dividends for the six months ended in Dec. 2016 was $-104 Mil. Li & Fung Ltd spent $104 Mil paying cash dividends to shareholders.

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

Li & Fung Ltd's other financing for the six months ended in Dec. 2016 was $395 Mil. Li & Fung Ltd received $395 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.

Li & Fung Ltd Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Net Issuance of Stock 35525385143816900-7-0
Net Issuance of Debt 1449-66747250-9-2916-167
Net Issuance of Preferred 0000000000
Dividends -263-330-281-426-468-525-332-507-445-282
Other Financing -55-52-41-79-107884-124-125-123528
Cash from Financing -139153-3386-469428-465-661-55979

Li & Fung Ltd Semi-Annual Data

Jun12Dec12Jun13Dec13Jun14Dec14Jun15Dec15Jun16Dec16
Net Issuance of Stock 563-4942000-70-00
Net Issuance of Debt 0000000000
Net Issuance of Preferred 0000000000
Dividends -364-161-188-144-382-125-318-127-178-104
Other Financing -15899-71-64-58-96-32-75-33395
Cash from Financing 184244-257-208-439-221-358-202-211291
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK