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Teck Resources Ltd (NYSE:TCK)
Cash from Financing
$-865 Mil (TTM As of Mar. 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 Mar. 2015, Teck Resources Ltd paid $0 Mil more to buy back shares than it received from issuing new shares. It spent $12 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $207 Mil paying cash dividends to shareholders. It spent $140 Mil on other financial activities. In all, Teck Resources Ltd spent $359 Mil on financial activities for the three months ended in Mar. 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.

Teck Resources Ltd'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
=-4.33576135969+-50.2948317725+0+-469.129379119+-330.385015609
=-854

Teck Resources Ltd's Cash from Financing for the quarter that ended in Mar. 2015 is

Cash from Financing(Q: Mar. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+-11.8877793628+0+-206.847360913+-140.275796481
=-359

Teck Resources Ltd Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2015 was -60.9418282548 (Jun. 2014 ) + -396.875851421 (Sep. 2014 ) + -48.5605272286 (Dec. 2014 ) + -359.010936757 (Mar. 2015 ) = $-865 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.

Teck Resources Ltd's net issuance of stock for the three months ended in Mar. 2015 was $0 Mil. Teck Resources 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.

Teck Resources Ltd's net issuance of debt for the three months ended in Mar. 2015 was $-12 Mil. Teck Resources Ltd spent $12 Mil paying down its 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.

Teck Resources Ltd's net issuance of preferred for the three months ended in Mar. 2015 was $0 Mil. Teck Resources 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.

Teck Resources Ltd's cash flow for dividends for the three months ended in Mar. 2015 was $-207 Mil. Teck Resources Ltd spent $207 Mil paying cash dividends to shareholders.

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

Teck Resources Ltd's other financing for the three months ended in Mar. 2015 was $-140 Mil. Teck Resources Ltd spent $140 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.

Teck Resources Ltd Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Issuance of Stock 24141351,5840-167-130-165-4
Net Issuance of Debt 923-477148,591-3,491-3,4661,761-263-37-50
Net Issuance of Preferred 00000334210
Dividends -70-257-425-441-65-205-398-524-525-469
Other Financing -23-5-640-00-529-368-432-334-330
Cash from Financing 854-724-1,0398,155-1,972-4,168831-1,347-1,060-854

Teck Resources Ltd Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Net Issuance of Stock -124-34-137000-5000
Net Issuance of Debt -663-12-6-6-14-2-22-15-14-12
Net Issuance of Preferred 1001000000
Dividends -11-265-16-259-4-239-4-241-5-207
Other Financing -60-140-30-145-29-142-30-142-29-140
Cash from Financing -857-450-188-409-47-383-61-397-49-359
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