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 Jun. 2023, Magnit PJSCspent₽24,299 Mil on purchasing property, plant, equipment.
It gained₽181 Mil from selling property, plant, and equipment.
It spent₽0 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₽2,395Mil for net Intangibles purchase and sale.
And it received₽63 Mil from other investing activities.
In all, Magnit PJSCspent₽26,449 Mil on investment activities in financial market and operating subsidiaries for the
six
months ended in Jun. 2023.
Magnit PJSC Cash Flow from Investing Historical Data
The historical data trend for Magnit PJSC'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.
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).
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.
Magnit PJSC's Cash Flow from Investing for the fiscal year that ended in Dec. 2022 is calculated as:
Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽-32,708 Mil.
* 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.
Magnit PJSC (MIC:MGNT) Cash Flow from Investing Explanation
Magnit PJSC's purchase of property, plant, equipment for the
six
months ended in Jun. 2023 was ₽-24,299 Mil. It means Magnit PJSC spent ₽24,299 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)."
Magnit PJSC's sale of property, plant, equipment for the
six
months ended in Jun. 2023 was ₽181 Mil. It means Magnit PJSC gained ₽181 Mil from selling property, plant, and equipment.
3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.
Magnit PJSC's purchase of business for the
six
months ended in Jun. 2023 was ₽0 Mil. It means Magnit PJSC spent ₽0 Mil on purchasing business.
4. Sale Of Business:
Sale of business indicates the amount gained from selling business.
Magnit PJSC's sale of business for the
six
months ended in Jun. 2023 was ₽0 Mil. It means Magnit PJSC gained ₽0 Mil from selling business.
5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.
Magnit PJSC's purchase of investment for the
six
months ended in Jun. 2023 was ₽0 Mil. It means Magnit PJSC 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.
Magnit PJSC's sale of investment for the
six
months ended in Jun. 2023 was ₽0 Mil. It means Magnit PJSC 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.
Magnit PJSC's net Intangibles purchase and sale for the
six
months ended in Jun. 2023 was ₽-2,395 Mil.
It means Magnit PJSC paid ₽2,395 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.
Magnit PJSC's cash from discontinued investing activities for the
six
months ended in Jun. 2023 was 0 Mil.
It means Magnit PJSC 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.
Magnit PJSC's cash from other investing activities for the
six
months ended in Jun. 2023 was ₽63 Mil.
It means Magnit PJSC received ₽63 Mil from other investing activities.
Magnit PJSC Cash Flow from Investing Related Terms
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PJSC Magnit operates in the retail and distribution of consumer goods under the Magnit, the DIXY and the Megamart names. The Group's retail operations are operated through convenience stores, cosmetic stores, supermarkets and other. The Group's business operations are located in the Russian Federation and relate primarily to retail sales of consumer goods. The company operates in about 4,000 localities. The company utilizes a multiformat model, which includes convenience and drogerie stores, supermarkets and pharmacies. Aside from commodity sales, it operates a private-label food production business. The company manages several plants for growing vegetables and the production of dry food and confectionery.
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