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Broadcast cash flow (BCF) is a financial metric for Broadcasting companies. It may be defined as follows:
Operating income
Add:Depreciation and amortization
Add: Programamortization
Add: Non-cash equity based compensation
Add: LMA fees and corporate overhead
Less: Program payments (adjusted to reflect reductions for impaired or expired rights in connection with acquisitions)
EBITDA is defined as BCF less corporate overheadexpenses. BCF is reported by some broadcasting companies because it is believed such data is a useful measure for evaluating the Company's operatingperformance. Broadcast cash flow and EBITDA eliminate the effect of depreciation and amortization which relate to acquisitions under the purchase method of accounting and the impact of accelerated program amortization and the impact of corporate expenses, and allow for an evaluation of the operating performance of the Company and its stations relative to that of the Company's competitors which may not have similar depreciation, amortization or corporate structures.
The different company's definition of broadcast cash flow and EBITDA may not be comparable to similarly titled measures presented by other companies.
Broadcast cash flow and EBITDA are not, and should not be used as an indicator or alternative to operating income Net loss or cash flow as reflected in the consolidated financial statements in organization
(source:http://www.irconnect.com/acme/pages/news_releases.html?d=2768)
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Where can you find the a definition of cash flow?
The definition of cash flow can be found on wikipedia or the dictionary. It is defined as the amount of money being transferred in and out of a business.
Where can you look up the definition of cash flow?
You can look up the definition of cash flow in any encyclopedia.The Merriam-Webster Dictionary will also have the definition in it. It should not be hard to find at all.
What is the definition of a companys cash flow?
A company's cash flow is the amount of cash (or income) that goes into a business. Cash usually comes from a product or service that a company sells for profit.
Is cash flow notes a great way of income?
Cash flow notes are a great way of income, but only can be uused one time. The definition of a cash flow note is that an investor will give you cash in exchange for monthly payments on his investment.
What is the definition of cash flow?
Cash flow is simply the money that "flows" into or out of an account. The term flow is used because John Maynard Keynes used the analogy of a river to describe economies.
Where can I find the definition for cash flow notes other than google?
Answers.Yahoo.com and Real-Estate-Online both have good definitions of what cash flow notes are.
What is a real estate cash flow note?
Cash flow notes are legal documents that promise the borrower will repay the lender. There are currently 60 types of cash flow notes. Read more at http://askville.amazon.com/exact-definition-term-cash-flow-notes/AnswerViewer.do?requestId=32026025.
What is the definition of cash outflow?
Cash outflow: when cash goes out of your business or account. for example: purchase of machinery will lead to cash out flow or sattlement of any debt witll lead to cash outflow.
What is radio stick value?
A radio "stick" value is what a non-cash flowing station is worth. Typically stations trade at a multiple of broadcast cash flow. Because station's FCC licenses are valuable, there is still an underlying value to the station, even with zero or negative cash flow.
What is the definition of cash flow financing?
Cash flow financing is when a short term loan is given for money that is used to cover a shortfall in needs before money is actually issued by a job, settlement, etc. Cash flow financing is given based upon a predicted projected income.
Why Diffrance between cash flow and accounting profit?
Cash flow by definition looks at the flow of cash either inwards or outwards. However, financial statement accounting considers cash flows as well as non-cash items like depreciation, amortization of goodwill, capital write offs, bad debts, provisions, discounts & rebates, etc. The non-cash transactions affect the accounting profit while does not have any impact on the cash flow statements.Hope this helps!
What is the formula for calculating free cash flow?
Free cash flow equals operating cash flow plus investing cash flow.
