Altus midstream company (ALTM)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss) including noncontrolling interests

-26,792

-1,330,942

-8,188

-5,498

5,728

4,782

19,207

-11,621

-12,607

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

220

-733

0

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Unrealized derivative instrument loss

-62,000

-

-

-

0

-

-

-

-

-

-

-

-

Depreciation and accretion

3,914

13,012

11,710

9,107

7,651

5,664

5,483

5,216

3,705

-

-

-

-

Deferred income tax expense

0

65,425

-505

-431

426

273

-18,923

4,153

5,037

-

-

-

-

Income from equity method interests, net

16,298

18,533

1,564

-1,298

270

0

0

0

0

-

-

-

-

Distributions from equity method interests

20,985

-

-

-

0

-

-

-

-

-

-

-

-

Adjustment for non-cash transactions with affiliate

-

-

-

-

-

500

-3,393

-594

-751

-

-

-

-

Other

-461

-241

-1,230

363

201

0

0

0

0

-

-

-

-

Changes in operating assets and liabilities:
Increase in inventories

182

-56

192

345

139

3,646

1,145

110

157

-

-

-

-

(Increase) decrease in prepaid assets and other

180

-3,640

-548

-498

809

1,045

0

0

0

-

-

-

-

(Increase) decrease in revenue receivables (Note 2)

-3,752

3,734

2,728

-2,542

612

2,483

4,174

-118

-937

-

-

-

-

Increase in account receivables from/payable to affiliate

948

1,350

1,664

-1,024

4,371

-

-

-

-

-

-

-

-

Increase in accrued expenses

3,017

-8,985

2,603

3,802

2,651

-7,642

2,945

2,838

3,836

-

-

-

-

Increase deferred credits and noncurrent liabilities

1,825

-

-

-

0

-

-

-

-

-

-

-

-

Increase (decrease) in accounts payable to affiliate

-

-

-

-

-

-

-

-

0

-

-

-

-

NET CASH PROVIDED BY OPERATING ACTIVITIES

51,538

36,837

17,748

11,634

10,054

661

0

0

0

-

-

-

-

CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures

19,096

-

47,715

94,777

164,518

-

0

0

0

-

-

-

-

Proceeds from sale of assets

6,096

-

-

-

0

-

-

-

-

-

-

-

-

Contributions to equity method interests

82,827

163,940

127,174

144,014

66,224

0

0

0

0

-

-

-

-

Distributions from equity method interests

1,552

-

-

-

0

-

-

-

-

-

-

-

-

Acquisition of equity method interests

0

0

442,460

176,356

51,809

91,100

0

0

0

-

-

-

-

Capitalized interest paid

3,340

-

-

-

0

-

-

-

-

-

-

-

-

NET CASH USED IN INVESTING ACTIVITIES

-97,615

-188,641

-617,349

-415,147

-282,551

-175,100

0

0

0

-

-

-

-

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from revolving credit facility

72,000

-

-

-

0

-

-

-

-

-

-

-

-

Finance lease

11,789

5,807

9,725

7,462

0

-

-

-

-

-

-

-

-

Deferred facility fees

816

0

0

792

0

-

-

-

-

-

-

-

-

Proceeds from Sponsor note

-

-

-

-

-

-

-

-

-

-

0

0

245

Payment of Sponsor note

-

-

-

-

-

-

-

-

-

-

0

12

252

NET CASH PROVIDED BY FINANCING ACTIVITIES

59,395

155,193

225,275

602,995

0

-

-

-

-

-

-

-

-

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

13,318

3,389

-374,326

199,482

-272,497

449,935

0

0

0

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-7

NET INCREASE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-469

1,024

-7

SUPPLEMENTAL CASH FLOW DATA:
Accrued capital expenditures

6,557

-5,733

-6,024

538

29,792

22,779

-2,470

-39,420

108,921

-

-

-

-

Finance lease liability

0

-19,233

0

0

29,000

-

-

-

-

-

-

-

-

Interest paid, net of capitalized interest

0

218

-808

1,261

232

0

0

0

0

-

-

-

-

Offering costs included in accrued formation and offering costs

-

-

-

-

-

-

-

-

-

-

-

-309

311