FRANKLIN RESOURCES, INC. BEN Cash Flow

Franklin resources, inc. (BEN)

CashFlow / Yearly

Sep'19	Sep'18	Sep'17	Sep'16	Sep'15	Sep'14	Sep'13	Sep'12	Sep'11	Sep'10	Sep'09	Sep'08	Sep'07
Net cash provided by operating activities
Net Income
1,205,500	742,700	1,789,700	1,757,700	2,104,700	2,411,700	2,170,700	1,915,500	1,820,800	1,451,500	904,291	1,599,819	1,772,938
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of deferred sales commissions
85,800	80,700	72,000	75,200	112,800	127,800	138,000	129,900	155,200	-	-	-	-
Depreciation and other amortization
93,400	76,400	80,300	87,100	97,400	94,600	93,500	82,100	88,400	267,400	181,272	215,222	198,619
Impairment of intangible assets
-	-	-	-	8,200	0	-	-	-	-	-	-	-
Stock-based compensation
111,500	117,800	123,400	131,500	140,000	127,700	113,400	101,300	88,700	81,700	84,443	80,705	90,145
Excess tax benefit from stock-based compensation
-	-	-	-	11,000	12,200	20,300	19,700	14,700	11,700	4,923	27,905	33,517
Gains on sale of assets
-	-	-	-	31,600	59,700	51,200	34,600	67,800	17,500	-1,665	36,418	96,805
Losses (income) from investments in equity method investees
-10,400	44,400	107,900	56,700	-63,200	68,100	74,000	68,600	-1,100	19,900	17,727	28,353	63,566
Net losses on investments of consolidated investment products
-26,300	-55,000	118,200	-19,700	28,900	16,900	29,400	-16,500	0	0	-	-	-
Net purchase of investments by consolidated investment products
1,497,600	-365,700	812,200	-	-	-	-	-	-	-	-	-	-
Provision for loan losses
-	-	-	-	-	-	-	-	-	3,300	5,789	13,407	2,877
Deferred income taxes
-1,300	-50,600	8,800	9,000	-	-	-	-	-	-12,100	13,182	10,742	51,120
Other-than-temporary impairment of investments
-	-	-	-	-	-	-	-	-	1,500	63,068	13,845	863
Net gains of consolidated variable interest entities
-	-	-	-	-	6,100	-17,100	23,900	-86,800	0	0	-	-
Other
-25,100	-33,700	14,900	-3,800	-3,100	-6,100	-4,100	-31,900	-14,900	-	-	-	-
Changes in operating assets and liabilities:
Decrease (increase) in receivables and other assets
34,200	90,100	96,700	-4,200	-45,200	113,700	268,100	222,800	230,300	282,300	121,974	-76,857	231,238
Decrease (increase) in receivables of consolidated investment products
34,300	-68,500	64,300	15,000	-	-	-	-	-	-	-	-	-
Proceeds from securitization of loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	684,173
Decrease in investments, net
-142,500	39,200	-130,200	-120,400	-23,300	80,200	65,600	577,800	257,700	72,900	397,508	687,246	217,122
Increase in trading securities of consolidated investment products, net
-	-	-	242,300	181,100	482,900	145,900	203,000	260,700	70,100	-	-	-
Originations of loans held for sale
-	-	-	-	-	38,300	0	0	-	-	-	-	-
Proceeds from sale of loans originated for resale
-	-	-	-	-	38,400	0	0	0	0	-	394,299	-
Decrease in accrued compensation and benefits
89,400	-19,100	37,200	-76,700	-16,700	24,300	45,900	-2,600	72,900	122,000	-75,021	18,804	59,924
Decrease in commissions payable
-43,900	-15,400	11,300	-57,900	-80,400	2,600	53,800	14,400	65,500	83,000	-10,672	-44,669	63,701
Advances of deferred sales commissions
-	-	-	-	-	-	-	-	-	-	-	121,885	159,551
Decrease in income taxes payable
-210,100	965,200	44,500	-14,000	20,000	15,800	50,100	-74,900	32,500	93,900	-25,258	-990	70,891
Decrease in accounts payable, accrued expenses and other liabilities
126,000	-23,000	-9,200	-29,200	-16,200	167,100	3,600	2,500	26,200	33,200	40,775	117,192	115,663
Increase (decrease) in accounts payable and accrued expenses of consolidated investment products
107,100	5,800	61,400	10,900	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
201,600	2,229,700	1,135,400	1,727,700	2,252,000	2,138,000	2,035,700	1,066,200	1,621,800	1,651,000	641,402	1,409,241	1,673,633
Net cash provided by (used in) investing activities
Purchase of investments
393,900	358,200	372,500	367,800	297,200	303,200	315,600	247,200	499,500	-695,500	1,869,562	1,887,971	1,018,145
Liquidation of investments
343,200	286,200	344,900	405,200	405,500	583,900	588,800	831,900	690,700	784,400	2,296,850	1,184,579	877,364
Purchase of investments by consolidated investment products
0	73,800	114,700	333,300	438,900	324,200	248,400	188,500	0	0	-	-	-
Liquidation of investments by consolidated investment products
0	73,300	368,100	597,300	643,900	181,000	231,400	55,900	0	0	-	-	-
Purchase of investments by consolidated variable interest entities
-	-	-	-	-	259,400	685,900	417,500	1,058,200	0	0	-	-
Liquidation of investments by consolidated variable interest entities
-	-	-	-	-	488,900	706,300	520,100	1,295,600	0	0	-	-
Purchase of banking/finance investments
-	-	-	-	-	-	-	-	-	-	208,920	213,400	49,083
Liquidation of banking/finance investments
-	-	-	-	-	-	-	-	-	-	65,001	46,886	62,091
Decrease in loans receivable, net
-	-	-	-	-	-38,000	16,800	-26,000	30,000	-64,200	-51,220	162,718	-8,056
Decrease in loans transferred to held for sale
-	-	-	-	-	-8,200	0	0	-	-	-	184,185	635,482
Proceeds from sale of loans transferred to held for sale
-	-	-	-	-	181,300	41,100	141,800	-	-	-	-	-
Decrease in loans receivable held by consolidated variable interest entities, net
-	-	-	-	-	-	-	-59,700	-157,100	0	0	-	-
Additions of property and equipment, net
233,700	106,500	74,900	97,600	68,800	53,100	62,200	78,400	131,700	-57,400	45,183	63,498	94,144
Adoption of new accounting guidance
0	0	-49,200	0	0	-	-	-	-	-	-	-	-
Acquisitions, net of cash acquired
684,200	86,800	14,000	0	0	-	-800	0	111,100	0	-533	-	92,307
Net consolidation (deconsolidation) of investment products
-108,500	-24,600	-35,700	-11,600	4,400	-150,800	-6,600	0	77,200	0	0	-	-
Cash and cash equivalents recognized due to consolidation of variable interest entity
-	-	-	-	-	-	-	169,600	0	0	-	-	-
Cash and cash equivalents recognized due to adoption of new consolidation guidance
-	-	-	-	-	-	-	-	45,800	0	0	-	-
Net cash provided by (used in) investing activities
-1,077,100	-290,400	52,000	192,200	248,900	390,600	232,900	873,400	435,900	-32,700	289,939	-1,096,122	-306,168
Net cash used in financing activities
Decrease in deposits
-	-	-	-	-300	-587,500	-84,900	-218,500	234,500	-8,800	94,301	128,268	-106,896
Issuance of common stock
23,300	24,800	24,900	24,100	25,500	32,600	41,300	49,100	49,600	41,800	24,356	13,317	-
Exercise of common stock options
-	-	-	-	-	-	-	-	-	-	-	-	66,131
Dividends paid on common stock
518,600	2,116,900	441,200	408,700	666,400	290,400	882,700	663,000	216,300	883,500	192,784	179,033	142,747
Repurchase of common stock
754,500	1,424,800	765,300	1,308,000	1,059,800	622,200	491,000	797,400	954,200	675,800	376,907	1,543,311	1,288,657
Excess tax benefit from stock-based compensation
0	0	900	800	11,000	12,200	20,300	19,700	14,700	11,700	4,923	27,905	33,517
Proceeds from issuance of debt
1,700	0	0	-	395,700	0	0	592,300	20,000	952,000	145,750	468,409	537,206
Payments on debt
0	361,900	300,000	0	250,000	0	545,400	0	2,200	66,000	276,287	991,687	677,310
Decrease in commercial paper, net
-	-	-	-	-	-	-	-30,000	-100	-34,500	50,701	10,742	-
Proceeds from loan
-	-	-	93,400	0	0	-	-	-	-	-	-	-
Payments on loan
1,500	0	53,700	41,200	0	0	-	-	-	-	-	-	-
Proceeds from debt of consolidated investment products
19,900	0	20,600	33,800	571,800	793,600	617,800	122,600	0	0	-	-	-
Payments on debt by consolidated investment products
2,000	21,000	308,500	179,800	732,200	779,300	620,600	144,700	0	0	-	-	-
Payments on contingent consideration liability
20,400	21,600	35,300	3,200	7,900	6,300	1,100	0	0	-	-	-	-
Payments on debt by consolidated variable interest entities
-	-	-	-	-	194,300	195,700	227,100	358,000	0	0	-	-
Noncontrolling interests
1,211,600	159,700	901,600	-11,900	100,400	446,300	123,900	212,100	243,800	68,200	185,339	765,415	129,509
Net cash used in financing activities
-40,500	-3,761,700	-956,000	-1,800,700	-1,612,200	-1,195,300	-2,018,100	-1,084,900	-968,200	-594,900	-340,608	-1,299,975	-1,449,247
Effect of exchange rate changes on cash and cash equivalents
-37,000	-16,700	35,000	-4,000	-116,600	-60,400	21,200	-1,900	-14,600	-4,200	-13,834	-69,775	52,830
Increase (decrease) in cash and cash equivalents
-953,000	-1,839,100	266,400	115,200	772,100	1,272,900	271,700	852,800	1,074,900	1,019,200	576,899	-1,056,631	-28,952
Increase in liabilities, net related to consolidation of variable interest entities
-	-	-	-	-	-	-	-174,900	60,800	0	0	-	-
Contingent consideration liabilities recognized due to acquisitions
-	-	-	-	-	-	93,600	0	0	-	-	-	-
Decrease in noncontrolling interests due to net deconsolidation of sponsored investment products
-	-	-	-	-	-	-11,000	-188,100	343,600	-118,400	-202,626	-	-
Increase in noncontrolling interests due to acquisition
-	-	-	-	-	-	38,200	0	0	-	-	-	-
Assets held for sale reclassified from investing to operating activities
-	-	-	-	-	-	-	-	-	-	-	-	9,535
Supplemental Disclosure of Cash Flow Information
Change in assets related to the net deconsolidation of certain sponsored investment products
-	-	-	-	-	-	-	-	-	-	-	-863,200	-208,047
Change in liabilities related to the net deconsolidation of certain sponsored investment products
-	-	-	-	-	-	-	-	-	-	-	-118,780	-38,239
Cash paid for income taxes
520,800	523,500	712,200	758,600	925,000	979,300	825,900	819,800	761,900	533,300	395,551	614,021	586,587
Cash paid for interest
27,400	38,600	42,300	47,400	44,600	40,200	47,900	42,800	41,100	7,100	9,382	42,812	39,487
Cash paid for interest by consolidated investment products
2,300	2,600	11,200	28,300	33,000	43,600	54,100	50,500	50,900	0	0	-	-