Prudential (Prudential) Cash Flow from Investing

: $-360 Mil (TTM As of Dec. 2023)

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Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).

For the six months ended in Dec. 2023, Prudential spent $26 Mil on purchasing property, plant, equipment. It gained $0 Mil from selling property, plant, and equipment. It spent $394 Mil on purchasing business. It gained $0 Mil from selling business. It spent $0 Mil on purchasing investments. It gained $0 Mil from selling investments. It paid $0Mil for net Intangibles purchase and sale. And it received $2 Mil from other investing activities. In all, Prudential spent $418 Mil on investment activities in financial market and operating subsidiaries for the six months ended in Dec. 2023.

Prudential Cash Flow from Investing Historical Data

The historical data trend for Prudential's Cash Flow from Investing can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Prudential Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Flow from Investing

-319.00

-1,193.00

-726.00

-39.00

-360.00

Prudential Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash Flow from Investing																66.00	-64.00	25.00	58.00	-418.00

Prudential Cash Flow from Investing Calculation

If a company spends cash on property, plant and equipment (PPE), this will reduce their cash position. This is called Capital Expenditures (CPEX).

Likewise, if a company buys another company for cash, this will reduce their cash position.

Prudential's Cash Flow from Investing for the fiscal year that ended in Dec. 2023 is calculated as:

	Cash Flow from Investing		(A: Dec. 2023 )
=	Purchase Of Property, Plant, Equipment	+	Sale Of Property, Plant, Equipment	+	Purchase Of Business
=	-44	+	2	+	-591
+	Sale Of Business	+	Purchase Of Investment	+	Sale Of Investment
+	273	+	0	+	0
+	Net Intangibles Purchase And Sale	+	Cash From Discontinued Investing Activities	+	Cash From Other Investing Activities
+	-415	+	0	+	415
=	-360

Prudential's Cash Flow from Investing for the quarter that ended in Dec. 2023 is calculated as:

	Cash Flow from Investing		(Q: Dec. 2023 )
=	Purchase Of Property, Plant, Equipment	+	Sale Of Property, Plant, Equipment	+	Purchase Of Business
=	-26	+	0	+	-394
+	Sale Of Business	+	Purchase Of Investment	+	Sale Of Investment
+	0	+	0	+	0
+	Net Intangibles Purchase And Sale	+	Cash From Discontinued Investing Activities	+	Cash From Other Investing Activities
+	0	+	0	+	2
=	-418

Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-360 Mil.

Prudential (NYSE:PUK) Cash Flow from Investing Explanation

Cash flow from investing contains nine items:

1. Purchase Of Property, Plant, Equipment:
Purchase of PPE indicates the amount used to purchase property, plant, and equipment.

Prudential's purchase of property, plant, equipment for the six months ended in Dec. 2023 was $-26 Mil. It means Prudential spent $26 Mil on purchasing property, plant, equipment.

In the capital spending for property, plant and equipment (PPE), some part of spending may be from the expansion of business. The business needs more property, plant and equipment (PPE) as it grows. Another part may be from replacement of the property, plant and equipment (PPE) of existing business. For some companies, the cash spent on replacing of the property, plant and equipment (PPE) of the existing business will be close to the depreciation of property, plant and equipment (PPE) reported in the income statement.

In Warren Buffett's definition of Owner's Earnings, he deducts the estimate of the cost of replacing the property, plant and equipment (PPE) of the existing business from cash flow from operations. The cash spent on the new property, plant, and equipment is not deducted. The reason is because these are not costs of the existing business. In his 1986 letter to shareholders, Warren Buffett wrote this about owner earnings:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume....Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

2. Sale Of Property, Plant, Equipment:
Sale of PPE indicates the amount gained from selling property, plant, and equipment.

Prudential's sale of property, plant, equipment for the six months ended in Dec. 2023 was $0 Mil. It means Prudential gained $0 Mil from selling property, plant, and equipment.

3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.

Prudential's purchase of business for the six months ended in Dec. 2023 was $-394 Mil. It means Prudential spent $394 Mil on purchasing business.

4. Sale Of Business:
Sale of business indicates the amount gained from selling business.

Prudential's sale of business for the six months ended in Dec. 2023 was $0 Mil. It means Prudential gained $0 Mil from selling business.

5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.

Prudential's purchase of investment for the six months ended in Dec. 2023 was $0 Mil. It means Prudential spent {stock_data.stock.currency_symbol}}0 Mil on purchasing investments.

6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.

Prudential's sale of investment for the six months ended in Dec. 2023 was $0 Mil. It means Prudential gained $0 Mil from selling investments.

7. Net Intangibles Purchase And Sale:
Net Intangibles purchase and sale means the net cash inflow received by a company that comes from the purchase and sale of intangibles. It equals the cash received from sale of intangibles minus the cash spent on purchasing intangibles.

Prudential's net Intangibles purchase and sale for the six months ended in Dec. 2023 was $0 Mil. It means Prudential paid $0 Mil for net Intangibles purchase and sale.

8. Cash From Discontinued Investing Activities:
Cash from discontinued investing activities means the cash received by a company that comes from the discontinued investing activities.

Prudential's cash from discontinued investing activities for the six months ended in Dec. 2023 was 0 Mil. It means Prudential paid $0 Mil for discontinued investing activities.

9. Cash From Other Investing Activities:
Cash from other investing activities means the cash received by a company that comes from other investing activities.

Prudential's cash from other investing activities for the six months ended in Dec. 2023 was $2 Mil. It means Prudential received $2 Mil from other investing activities.

Prudential Cash Flow from Investing Related Terms

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Prudential (Prudential) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

PUKPF:USA K6S:Singapore 02378:Hong Kong PRUl:UK PRU:UK PRU:Germany P1UK34:Brazil

Address

1 Angel Court, London, GBR, EC2R 7AG

Website

https://www.prudentialplc.com

Originally established as Prudential Mutual Assurance, Investment, and Loan Association in 1848, Prudential plc has moved on a lot since then. Set up to sell life insurance and loans to the middle and then the industrializing and urbanizing working classes, the company subsequently diversified into Europe and then North America with the purchase of Jackson National Life in around 1985. During its time as owner of Jackson, Prudential focused on building out a simple chassis-style product portfolio where customers could choose a variety of add-ons. The company also became renowned for its focus on building requisite internal capabilities to support its strong product offerings, including compelling technology and a large and well-trained distribution force.