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Eversource Energy (NYSE:NU)
Cash from Financing
$220 Mil (TTM As of Dec. 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 Dec. 2015, Eversource Energy paid $0 Mil more to buy back shares than it received from issuing new shares. It received $545 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $134 Mil paying cash dividends to shareholders. It spent $5 Mil on other financial activities. In all, Eversource Energy earned $406 Mil on financial activities for the three months ended in Dec. 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.

Eversource Energy's Cash from Financing for the fiscal year that ended in Dec. 2015 is calculated as:

Cash from Financing(A: Dec. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+766.178+0+-537.31+-8.499
=220

Eversource Energy's Cash from Financing for the quarter that ended in Dec. 2015 is

Cash from Financing(Q: Dec. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+545.453+0+-134.308+-4.779
=406

Eversource Energy Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2015 was -84.966 (Mar. 2015 ) + -57.014 (Jun. 2015 ) + -44.017 (Sep. 2015 ) + 406.366 (Dec. 2015 ) = $220 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.

Eversource Energy's net issuance of stock for the three months ended in Dec. 2015 was $0 Mil. Eversource Energy 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.

Eversource Energy's net issuance of debt for the three months ended in Dec. 2015 was $545 Mil. Eversource Energy received $545 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.

Eversource Energy's net issuance of preferred for the three months ended in Dec. 2015 was $0 Mil. Eversource Energy 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.

Eversource Energy's cash flow for dividends for the three months ended in Dec. 2015 was $-134 Mil. Eversource Energy spent $134 Mil paying cash dividends to shareholders.

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

Eversource Energy's other financing for the three months ended in Dec. 2015 was $-5 Mil. Eversource Energy spent $5 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.

Eversource Energy Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Net Issuance of Stock 996383000000
Net Issuance of Debt 16469808-35547239721353434766
Net Issuance of Preferred 0000000000
Dividends -113-121-135-168-186-200-382-470-483-537
Other Financing -1-5-5-101-77-1071-8
Cash from Financing -88352673-150-13931346-225-48220

Eversource Energy Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
Net Issuance of Stock 0000000000
Net Issuance of Debt 6998263519354508487545
Net Issuance of Preferred 0000000000
Dividends -112-123-120-121-121-121-134-134-134-134
Other Financing -2-94-2-241-1-64-5
Cash from Financing -45-119-97-88-98234-85-57-44406
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