WEIR GROUP PLC Cash Flow - Annual (OTCMKTS:WEGRY)
The financial analysis of WEGRY requires an investor to check the cash flows for WEIR GROUP PLC. While its important to look at the WEIR GROUP PLC debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as WEIR GROUP PLC revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. WEIR GROUP PLC had cash and cash equivalents of $243M at beginning of year and $348.31M at year end for 2016. WEIR GROUP PLC cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. WEGRY increase in investments stood at a positive value of $10.7M for the latest 2016. View details of WEIR GROUP PLC cash flows for latest & last ten financial years.
| Fiscal year is Jan - Dec. | 2016 | 2015 |
WEIR GROUP PLC Net Income Cash Flow | 117.23M | -241.96M |
| Depreciation Depletion Amortization Cash-Flow | 144.33M | 177.15M |
| Net Increase (Decrease) in Assets Liabilities | 27.51M | 124.72M |
| Cash From (used in) Discontinued Operations | - | - |
| Other Adjustments Net | 3.65M | 414.07M |
WEIR GROUP PLC Net Cash from (used by) Operating Activities | 292.74M | 473.98M |
| Increase (Decrease) in Prop Plant And Equipment | -84.57M | -134.04M |
| Acquisition Disposition of Subsidiaires | 28.19M | -21.55M |
| Increase (Decrease) in Investments | - | - |
| Other Cash Inflow (Outflow) from Investment Activities | 67.08M | 21.24M |
WEIR GROUP PLC Net Cash from (used by) Invesment Activities | 10.7M | -134.35M |
| Issuance (Purchase) of Equity Shares | -0.13M | - |
| Issuance (Repayment) of Debt Securities | -125.22M | -75.35M |
| Increase (Decrease) in Bank & Other Borrowings | - | - |
| Payment of Dividends & Other Cash Distributions | -62.07M | -143.67M |
| Other Cash from (used by) Financing Activities | -72.37M | -68.32M |
WEIR GROUP PLC Net Cash from (used by) Financing Activities | -259.81M | -287.35M |
| Effect of Exchange Rate Changes on Cash | 61.66M | -32.86M |
WEIR GROUP PLC Net Change in Cash & Cash Equivalents | 105.3M | 19.41M |
| Cash & Equivalents at Beginning of Year | 243M | 254.64M |
| Cash & Equivalents at Year End | 348.31M | 274.06M |
- WEIR GROUP PLC saw an increase in Net Change in Cash and Cash Equivalents from $19.41M in 2015 to $105.3M in 2016. Apart from the WEIR GROUP PLC stock price, this is one of the things an investor looks for, as it shows the net change in cash on hand for a company, compared to previous period.
- Cash Flow from operating activities: WEIR GROUP PLC reported a positive operating cash flow of $292.74M for 2016 and has seen a decrease from the previous year. Operating cash flow or working capital comes from main business activities. Investors look for positive cash flow from recurring operating activities.
- Cash from investing stood at a positive value of $10.7M for WEGRY stock. A company with surplus cash usually thinks of re-investing it in the form of buying fixed assests, or purchasing plant/ machinery which will help grow the business further. By looking at cash flow from investment activities one can check where the company is putting its cash.
- Cash Flow from financing activities: Financing activities include the cash that comes into a company in the form of loans or interest earned or shareholders money, as well as the cash that goes out. WEIR GROUP PLC earned $27.54M from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.