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
six
months ended in Jun. 2024,
Swiss Re AG received$167 Mil more from issuing new shares than it paid to buy back shares.
It received$213 Mil from issuing more debt.
It paid$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spent$1,978 Mil paying cash dividends to shareholders.
It spent$81 Mil on other financial activities.
In all, Swiss Re AGspent$1,679 Mil on financial activities for the
six
months ended in Jun. 2024.
Swiss Re AG Cash Flow from Financing Historical Data
The historical data trend for Swiss Re AG's Cash Flow from Financing 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.
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.
Swiss Re AG's Cash from Financing for the fiscal year that ended in Dec. 2023 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-3,137 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.
Swiss Re AG (OTCPK:SSREY) Cash Flow from Financing Explanation
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
Swiss Re AG's issuance of stock for the
six
months ended in Jun. 2024 was $0 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
Swiss Re AG's repurchase of stock for the
six
months ended in Jun. 2024 was $167 Mil.
3. 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.
Swiss Re AG's net issuance of debt for the
six
months ended in Jun. 2024 was $213 Mil.
Swiss Re AG received$213 Mil from issuing more debt.
4. Net Issuance of Preferred Stock:
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.
Swiss Re AG's net issuance of preferred for the
six
months ended in Jun. 2024 was $0 Mil.
Swiss Re AG paid$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
Swiss Re AG's cash flow for dividends for the
six
months ended in Jun. 2024 was $-1,978 Mil.
Swiss Re AG spent$1,978 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Swiss Re AG's other financing for the
six
months ended in Jun. 2024 was $-81 Mil.
Swiss Re AG spent$81 Mil on other financial activities.
Swiss Re AG Cash Flow from Financing Related Terms
Thank you for viewing the detailed overview of Swiss Re AG's Cash Flow from Financing provided by GuruFocus.com. Please click on the following links to see related term pages.
Swiss Re is a reinsurer that has three core divisions: property-casualty reinsurance, life and health reinsurance, and corporate solutions. Swiss was founded in 1863 when the general manager of Helvetia sought to stem the flow of reinsurance premiums outside Switzerland. Moritz Grossmann argued he could cut the premiums paid to foreign firms, still make a profit, and pay mid-single-digit dividends. Swiss is now the second-largest reinsurer in the world by market cap, has 80 offices globally, and employs nearly 15,000 people. While the business did lose its way in the early part of the millennium, led by an investment banker who took the business heavily into securitizations, lately Swiss has been focused on establishing quality within its three core divisions.
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