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The South Financial Group (The South Financial Group) Cash Flow from Investing : $889.05 Mil (TTM As of Jun. 2010)


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What is The South Financial Group Cash Flow from Investing?

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 three months ended in Jun. 2010, The South Financial Group spent $1.85 Mil on purchasing property, plant, equipment. It gained $-9.12 Mil from selling property, plant, and equipment. It spent $0.00 Mil on purchasing business. It gained $0.00 Mil from selling business. It spent $363.32 Mil on purchasing investments. It gained $410.52 Mil from selling investments. It paid $0.00Mil for net Intangibles purchase and sale. And it received $244.39 Mil from other investing activities. In all, The South Financial Group gained $280.61 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Jun. 2010.


The South Financial Group Cash Flow from Investing Historical Data

The historical data trend for The South Financial Group'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.

* Premium members only.

The South Financial Group Cash Flow from Investing Chart

The South Financial Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Cash Flow from Investing
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.32 73.14 160.75 -377.80 1,012.97

The South Financial Group Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
Cash Flow from Investing Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 649.60 30.95 251.68 325.82 280.61

The South Financial Group Cash Flow from Investing Calculation

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.

The South Financial Group's Cash Flow from Investing for the fiscal year that ended in Dec. 2009 is calculated as:

The South Financial Group's Cash Flow from Investing for the quarter that ended in Jun. 2010 is calculated as:


Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $889.05 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.


The South Financial Group  (OTCPK:TSFGM.PFD) 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.

The South Financial Group's purchase of property, plant, equipment for the three months ended in Jun. 2010 was $-1.85 Mil. It means The South Financial Group spent $1.85 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.

The South Financial Group's sale of property, plant, equipment for the three months ended in Jun. 2010 was $-9.12 Mil. It means The South Financial Group gained $-9.12 Mil from selling property, plant, and equipment.

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

The South Financial Group's purchase of business for the three months ended in Jun. 2010 was $0.00 Mil. It means The South Financial Group spent $0.00 Mil on purchasing business.

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

The South Financial Group's sale of business for the three months ended in Jun. 2010 was $0.00 Mil. It means The South Financial Group gained $0.00 Mil from selling business.

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

The South Financial Group's purchase of investment for the three months ended in Jun. 2010 was $-363.32 Mil. It means The South Financial Group spent {stock_data.stock.currency_symbol}}363.32 Mil on purchasing investments.

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

The South Financial Group's sale of investment for the three months ended in Jun. 2010 was $410.52 Mil. It means The South Financial Group gained $410.52 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.

The South Financial Group's net Intangibles purchase and sale for the three months ended in Jun. 2010 was $0.00 Mil. It means The South Financial Group paid $0.00 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.

The South Financial Group's cash from discontinued investing activities for the three months ended in Jun. 2010 was 0.00 Mil. It means The South Financial Group paid $0.00 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.

The South Financial Group's cash from other investing activities for the three months ended in Jun. 2010 was $244.39 Mil. It means The South Financial Group received $244.39 Mil from other investing activities.


The South Financial Group Cash Flow from Investing Related Terms

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The South Financial Group (The South Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
102 South Main Street, Greenville, SC, USA, 29601
The South Financial Group Inc runs business banks in Florida, South Carolina, and North Carolina under the names Carolina First and Mercantile Bank. It also operates a small online platform, CaroLine. The bank has a total of $12.4 billion in assets. South Financial Group is primarily located in metropolitan markets and targets small and midsize businesses.
Executives
H Lynn Harton officer: Interim CEO C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30512
Tanya A Butts officer: Executive Vice President 104 S. MAIN STREET, GREENVILLE SC 29601
James R Gordon officer: Chief Financial Officer 104 SOUTH MAIN STREET, GREENVILLE SC 29601
Robert A. Edwards officer: EVP - Chief Risk Officer C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
Donald T Heroman director C/O EQUIFAX INC, 1550 PEACHTREE STREET, N.W., ATLANTA GA 30309
Christopher T Holmes officer: Sr. Executive Vice President C/O FB FINANCIAL CORP, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Challis M Lowe director 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Hummers William S Iii director CAROLINA FIRST BANK, 102 S MAIN STREET, GREEENVILLE SC 29601
Maverick Capital Ltd 10 percent owner 1900 N. PEARL STREET, 20TH FLOOR, DALLAS TX 75201
Ainslie Lee S Iii 10 percent owner
Maverick Capital Management Llc 10 percent owner 300 CRESCENT COURT, 18TH FLOOR, DALLAS TX 75201
Michael Hogan director 1359 21ST AVENUE N., SUITE 105, MYRTLE BEACH SC 29577
Andrew B Cheney officer: Chairman/ Subsidiary Bank C/O CITRUS BANK, 2110 RIVER ROAD, JACKSONVILLE FL 32207
Terry James W Jr officer: Exec. Vice President HOLLINGSWORTH FUNDS, INC., 123 VERDAE BLVD., SUITE 104, GREENVILLE SC 29607
Timothy K Schools officer: Chief Financial Officer 8 WOODLAND WAY, GREENVILLE SC 29601

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