Switch to:
GuruFocus has detected 9 Warning Signs with Brookfield Infrastructure Partners LP $BIP.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Brookfield Infrastructure Partners LP (NYSE:BIP)
Cash Flow from Operations
$769 Mil (TTM As of Mar. 2017)

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Mar. 2017, Brookfield Infrastructure Partners LP's Net Income From Continuing Operations was $46 Mil. Its DDA was $120 Mil. Its Change In Working Capital was $-4 Mil. Its cash flow from deferred tax was $0 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $0 Mil. And its Cash Flow from Others was $16 Mil. In all, Brookfield Infrastructure Partners LP's Cash Flow from Operations for the three months ended in Mar. 2017 was $178 Mil.


Definition

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Brookfield Infrastructure Partners LP's Cash Flow from Operations for the fiscal year that ended in Dec. 2016 is calculated as:

Brookfield Infrastructure Partners LP's Cash Flow from Operations for the quarter that ended in Mar. 2017 is

Brookfield Infrastructure Partners LP Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2017 was 159 (Jun. 2016 ) + 343 (Sep. 2016 ) + 89 (Dec. 2016 ) + 178 (Mar. 2017 ) = $769 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Brookfield Infrastructure Partners LP's net income from continuing operations for the three months ended in Mar. 2017 was $46 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
• The term “depreciation” is used when discussing man made tangible assets
• The term “depletion” is used when discussing natural tangible assets
• The term “amortization” is used when discussing intangible assets

Brookfield Infrastructure Partners LP's depreciation, depletion and amortization for the three months ended in Mar. 2017 was $120 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Brookfield Infrastructure Partners LP's change in working capital for the three months ended in Mar. 2017 was $-4 Mil. It means Brookfield Infrastructure Partners LP's working capital declined by $4 Mil from Dec. 2016 to Mar. 2017 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Brookfield Infrastructure Partners LP's cash flow from deferred tax for the three months ended in Mar. 2017 was $0 Mil.

5. Cash Flow from Discontinued Operations:
Cash received by a company that comes from the sale of part of business.

Brookfield Infrastructure Partners LP's cash flow from discontinued operations for the three months ended in Mar. 2017 was $0 Mil.

6. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Brookfield Infrastructure Partners LP's stock based compensation for the three months ended in Mar. 2017 was $0 Mil.

7. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Brookfield Infrastructure Partners LP's cash flow from others for the three months ended in Mar. 2017 was $16 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, Stock Based Compensation, Cash Flow from Others, Cash Flow from Investing


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Brookfield Infrastructure Partners LP Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
NetIncomeFromContinuingOperations 128-5947344029165229391528
CF_DDA 081229127232329380375447
ChangeInWorkingCapital 0-77-38-19156-1954-8245
CF_DeferredTax -800-21154301249-26-18
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others 0437-365-362-74307-21-26-249
Cash Flow from Operations 033-378340635694691632753

Brookfield Infrastructure Partners LP Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
NetIncomeFromContinuingOperations 6314826183348815910317846
CF_DDA 98951019782100108126113120
ChangeInWorkingCapital 1328-562-56-181891-46-4
CF_DeferredTax -63-23-30-5-7-23170
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others -8-4662-10462-3-11946-17316
Cash Flow from Operations 1602281311819216215934389178
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)

GF Chat

{{numOfNotice}}
FEEDBACK