Antero midstream corporation (AMGP)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Cash flows provided by (used in) operating activities:
Net income (loss)

-392,933

-144,559

-289,477

69,274

9,648

21,388

18,028

14,387

12,805

5,907

2,978

-3,261

-3,299

4,276

2,777

1,550

1,108

Adjustments to reconcile net income to net cash provided by operating activities:
Distributions received from Antero Midstream Partners LP, prior to the Transactions

-

0

0

0

43,492

37,815

33,139

28,460

23,772

-

-

-

-

-

-

-

-

Depreciation

27,343

26,969

24,460

36,447

7,650

-

-

-

-

-

-

-

-

-

-

-

-

Payment of contingent consideration in excess of acquisition date fair value

34,342

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion and change in fair value of contingent acquisition consideration

42

2,940

1,977

2,287

1,059

-

-

-

-

-

-

-

-

-

-

-

-

Impairment

664,544

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax benefit

-88,328

-67,701

-62,268

30,419

-2,377

-

-

-

-

-

-

-

-

0

0

0

-368

Equity-based compensation

3,338

20,422

20,129

21,543

11,423

8,792

8,574

9,110

8,635

8,662

8,317

9,631

8,323

-

-

-

-

Equity in earnings of unconsolidated affiliates

19,077

16,334

18,478

13,623

2,880

43,492

37,816

33,145

28,453

23,772

19,067

15,328

11,553

7,556

4,807

2,731

1,850

Distributions from unconsolidated affiliates

23,628

21,750

18,710

19,085

4,775

-

-

-

-

-

15,328

11,553

7,543

4,820

2,731

1,850

969

Amortization of customer relationships

17,605

17,832

28,863

8,534

1,781

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred financing costs

1,090

1,060

1,021

851

251

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Accounts receivable-Antero Resources

-10,460

-4,153

83

-7,083

-31,331

-

-

-

-

-

-

74

67

-

-

-

-

Accounts receivable-third party

-998

-173

-3

-27

18

-

-

-

-

-

-

-

-

-

-

-

-

Income tax receivable

56,457

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

-517

-1,453

-79

-494

2,361

-51

-918

819

155

-

-

-

-

-

-

-

-

Accounts payable-Antero Resources

-1,470

-1,600

-1,476

1,417

-444

-

-

9

-15

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

1,774

-

-

-

-

Accounts payable-third party

6,614

-6,127

994

-3,175

-1,454

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities

-42,852

28,329

-4,278

16,919

-32,289

-475

140

-59

565

-

-

-

-

-

205

105

40

Income taxes payable

-

-

-

-

-

2,456

-88

-6,636

6,088

4,958

5,316

-7,515

4,425

2,818

1,800

986

955

Net cash provided by operating activities

120,720

192,515

177,708

182,577

69,587

25,991

22,942

11,356

23,242

14,553

11,745

-5,364

7,146

4,419

2,705

1,559

854

Cash flows provided by (used in) investing activities:
Additions to gathering systems and facilities

54,659

96,462

81,715

81,529

7,677

-

-

-

-

-

-

-

-

-

-

-

-

Additions to water handling systems

13,324

33,463

39,160

43,656

8,328

-

-

-

-

-

-

-

-

-

-

-

-

Investments in unconsolidated affiliates

11,690

37,020

13,930

37,680

65,729

-

-

-

-

-

-

-

-

-

-

-

-

Cash received on acquisition of Antero Midstream Partners LP

-

0

0

0

-619,532

-

-

-

-

-

-

-

-

-

-

-

-

Cash consideration paid to Antero Midstream Partners LP unitholders

-

0

0

0

598,709

-

-

-

-

-

-

-

-

-

-

-

-

Change in other assets

-2,296

2,437

-963

-2,642

267

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-77,377

-169,382

-134,892

-160,223

-61,178

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows provided by (used in) financing activities:
Distributions to unitholders and dividends to stockholders

148,876

155,331

154,147

152,082

30,543

26,817

23,276

20,109

13,964

-

-

-

-

-

-

-

-

Distributions to Series B unitholders

-

0

0

0

3,720

598

505

414

783

-

-

-

-

-

-

-

-

Distributions to preferred shareholders

138

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchases of common stock

15,824

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings on bank credit facilities, net

211,000

234,000

131,000

-505,500

25,000

-

-

-

-

-

-

-

-

-

-

-

-

Payment for contingent acquisition consideration

90,658

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Employee tax withholding for settlement of equity compensation awards

26

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-56

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-44,578

-21,898

-50,607

-16,531

-9,263

-27,415

-23,996

-20,538

-14,747

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-1,235

1,235

-7,791

5,823

-854

-1,424

-1,054

-9,182

8,495

3,568

-8,972

-5,364

7,146

4,419

2,705

1,559

854

Supplemental disclosure of cash flow information:
Cash paid during the period for interest

67,609

7,945

43,924

11,897

19,250

-

-

-

-

-

-

-

-

-

-

-

-

Increase in accrued capital expenditures and accounts payable for property and equipment

3,266

-40,882

25,220

-2,486

11,933

-

-

-

-

-

-

-

-

-

-

-

-