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PPL Corp (NYSE:PPL)
Cash from Financing
$-19 Mil (TTM As of Sep. 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 Sep. 2015, PPL Corp received $62 Mil more from issuing new shares than it paid to buy back shares. It received $502 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $250 Mil paying cash dividends to shareholders. It spent $12 Mil on other financial activities. In all, PPL Corp earned $302 Mil on financial activities for the three months ended in Sep. 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.

PPL Corp's Cash from Financing for the fiscal year that ended in Dec. 2014 is calculated as:

Cash from Financing(A: Dec. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=1074+527+0+-967+-51
=583

PPL Corp's Cash from Financing for the quarter that ended in Sep. 2015 is

PPL Corp Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2015 was 164 (Dec. 2014 ) + -97 (Mar. 2015 ) + -388 (Jun. 2015 ) + 302 (Sep. 2015 ) = $-19 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.

PPL Corp's net issuance of stock for the three months ended in Sep. 2015 was $62 Mil. PPL Corp received $62 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.

PPL Corp's net issuance of debt for the three months ended in Sep. 2015 was $502 Mil. PPL Corp received $502 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.

PPL Corp's net issuance of preferred for the three months ended in Sep. 2015 was $0 Mil. PPL 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.

PPL Corp's cash flow for dividends for the three months ended in Sep. 2015 was $-250 Mil. PPL Corp spent $250 Mil paying cash dividends to shareholders.

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

PPL Corp's other financing for the three months ended in Sep. 2015 was $-12 Mil. PPL Corp spent $12 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.

PPL Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Issuance of Stock 37266-680-19602,4412,297721,3371,074
Net Issuance of Debt -340277-1701,255-7704,6924,4101,1891,340527
Net Issuance of Preferred 00000-540-25000
Dividends -347-409-459-491-517-566-746-833-878-967
Other Financing -26-39-17-24-44-206-194-130-168-51
Cash from Financing -67695-1,326721-1,2716,3075,767481,631583

PPL Corp Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
Net Issuance of Stock 2311,1042151,0022037354862
Net Issuance of Debt 146-599935639-79927660132232502
Net Issuance of Preferred 0000000000
Dividends -216-219-233-234-236-248-249-250-250-250
Other Financing -72-30-39-28312-51-284-14-418-12
Cash from Financing 89256665392279-252164-97-388302
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