Century aluminum company (CENX)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss) Attributable to Parent

-48,900

-80,800

-141,000

-140,600

-100,500

-66,200

34,600

75,700

63,400

48,600

-155,649

-234,722

-251,337

-252,400

-127,031

-124,870

-149,252

-59,310

59,599

166,116

220,357

126,474

40,970

-18,942

-68,670

-40,313

-37,547

-40,063

-22,956

-35,610

-59,808

-54,385

-18,122

11,325

107,712

97,525

78,685

59,971

0

0

0

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Unrealized (gain) loss on derivative instruments

20,700

11,400

15,500

6,100

500

6,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain on fair value of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,337

26,280

24,757

14,470

7,943

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized (gain) loss on forward and derivative contracts

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-2,987

-803

3,743

510

750

-16,129

-8,632

-16,598

-10,030

0

0

0

Unrealized gain on contingent obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,411

1,411

1,411

1,411

1,412

1,412

1,412

1,412

1,412

1,412

1,412

16,781

16,428

16,075

15,722

0

0

0

0

-

-

-

-

-

-

-

-

Unrealized net gain on contractual receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Realized benefit of contractual receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Accrued and other plant curtailment costs  net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

5,896

5,764

5,471

5,251

-5,120

-5,445

2,930

13,928

74,338

75,178

67,906

56,010

0

0

0

Lower of cost or NRV inventory adjustment

32,200

18,800

46,400

53,100

39,700

36,500

8,900

-200

-400

-1,100

-6,299

-3,929

1,184

-700

-21,975

-19,021

1,755

7,539

31,013

25,689

-140

-1,247

-10,286

-16,049

-5,698

1,247

10,286

7,848

3,071

-19,818

-13,515

8,165

2,854

19,766

13,338

-7,441

-508

-426

0

0

0

Depreciation and amortization

79,100

83,200

85,600

89,600

92,900

90,100

88,600

85,600

84,800

84,200

84,594

84,496

84,440

84,800

87,608

86,212

83,246

80,117

73,858

72,093

71,190

70,827

70,272

69,815

68,650

66,570

64,727

63,180

62,606

62,570

62,540

62,418

61,916

62,194

62,816

63,109

63,702

63,550

0

0

0

Sebree power contract amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,534

51,026

39,306

36,565

31,031

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Debt discount amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

864

1,048

1,092

1,069

1,047

1,025

1,292

1,857

2,412

2,957

3,205

3,150

0

0

0

Pension and other postretirement benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,011

-3,384

-3,375

-4,991

5,209

4,309

3,342

6,939

5,846

7,724

2,910

1,740

-218

-227

5,710

3,129

2,684

-409

-18,831

-28,757

-28,108

-22,248

-152

14,578

0

0

0

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,913

11,675

12,616

178

2,654

-4,886

-10,972

-2,633

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-15,552

0

0

0

Stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,760

1,844

1,758

1,695

1,541

1,334

1,074

1,112

1,059

1,078

1,162

900

685

613

598

567

2,513

2,856

0

0

0

-

0

0

0

Other non-cash items - net

-2,100

-5,900

-15,100

-10,100

-13,100

-13,200

-13,700

-14,800

-12,500

-6,700

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in earnings of joint ventures, net of dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

653

-

983

564

580

-425

-2,328

-1,882

-2,317

-871

2,625

3,020

2,933

2,623

2,975

2,756

2,867

3,445

8,909

6,819

5,882

3,558

0

0

0

Change in operating assets and liabilities:
Increase (Decrease) in Accounts Receivable

-38,000

-12,400

-19,600

-14,800

7,500

39,400

51,000

54,100

47,100

30,600

29,188

28,171

23,607

3,000

2,575

2,996

7,703

-68,192

-54,735

-53,716

-53,424

8,712

-670

-31,813

-6,563

6,001

6,920

12,131

1,651

2,537

-7,740

17,098

14,148

3,744

15,634

16,119

-3,637

6,197

0

0

0

Due from affiliates

-14,200

7,100

2,500

14,600

15,200

12,400

8,600

-3,900

-3,100

-6,300

-2,454

-4,094

-3,761

-800

-14,826

-37,799

-69,584

-14,086

-23,356

-1,785

28,930

-12,084

27,498

29,131

12,571

5,717

-14,800

-9,707

3,240

-2,202

-4,409

-4,830

-1,679

-10,694

51,923

43,597

50,185

38,191

0

0

0

Inventories

22,400

-4,400

-21,700

29,400

36,400

62,800

122,200

92,900

72,800

67,500

21,935

18,471

21,448

-900

-90,023

-107,998

-76,879

-44,896

62,016

74,358

19,471

16,513

-219

2,192

30,389

21,740

22,804

15,520

-10,416

-31,854

-19,260

-20,685

9,185

35,819

55,026

66,635

41,073

24,009

0

0

0

Prepaid and other current assets

-200

-2,700

-1,100

-2,100

-900

900

-8,500

-3,100

-3,900

-7,800

-10,384

-9,584

-8,710

-18,300

-5,437

-8,553

-8,186

144

-3,792

-395

-12,310

-3,392

-13,245

-15,415

-8,432

-5,318

-8,308

-5,542

-4,240

-4,946

3,640

-4,323

-3,744

20,791

-4,563

-4,844

12,797

-13,412

0

0

0

Accounts payable, trade

-26,300

-25,200

-4,200

-20,600

14,900

30,500

23,500

33,600

14,500

4,700

11,928

2,419

3,883

2,300

-22,126

-27,515

-48,058

-60,583

-22,803

-13,877

-2,886

11,797

-10,208

-13,885

19,135

25,224

23,256

34,513

1,592

-12,114

-6,944

-15,633

-7,616

-904

10,197

17,197

9,167

11,674

0

0

0

Due to affiliates

26,600

22,600

-16,600

10,900

-11,300

-10,100

-500

-16,900

-4,500

4,800

4,072

9,240

15,872

7,200

-18,983

-52,062

-45,361

-12,216

3,117

45,690

10,033

3,058

-6,821

-14,988

24,171

13,845

29,074

24,289

8,665

-2,167

-2,240

3,508

-1,115

-3,477

7,329

6,230

3,362

12,685

0

0

0

Accrued and other current liabilities

900

2,700

-4,400

-14,900

-21,100

-11,100

6,900

21,100

25,600

14,500

631

-7,815

-10,053

-3,900

-18,353

-18,433

-33,161

-31,540

17,219

16,679

27,565

18,071

-3,941

-2,539

-8,324

5,834

-12,280

-11,323

-5,211

-5,746

-7,903

-5,400

4,023

425

12,495

8,006

224

-1,758

0

0

0

Other - net

-700

1,000

-8,100

-3,700

-6,100

-2,900

10,300

-800

-4,000

-4,300

-10,927

-5,762

-1,248

-3,100

-2,115

-4,599

5,347

3,131

-8,202

-3,866

-8,978

-7,962

-15,748

-7,310

-20,183

-23,048

-17,667

-14,142

-3,686

-1,604

121

-42

-2,132

1,201

34,366

18,954

22,733

13,642

0

0

0

Net Cash Provided by (Used in) Operating Activities

73,800

17,700

-14,500

-64,300

-57,600

-69,100

-57,900

18,000

29,800

51,500

73,273

17,697

11,997

38,200

14,684

-5,372

-69,498

31,866

142,475

259,893

334,688

207,680

74,974

5,370

-13,424

19,718

58,512

61,730

54,642

37,139

7,055

11,584

5,592

-2,936

42,272

43,243

106,222

131,510

0

0

0

Net Cash Provided by (Used in) Investing Activities [Abstract]
Payments to Acquire Property, Plant, and Equipment

55,000

59,600

73,600

93,300

90,100

83,000

57,500

25,900

26,300

31,800

32,373

33,066

27,065

21,900

20,232

31,066

45,908

54,700

75,856

69,736

58,053

55,126

62,948

68,270

68,413

68,077

39,272

28,077

24,142

17,677

19,631

18,912

19,871

20,100

17,731

16,582

14,397

12,241

0

0

0

Proceeds from sale of Ravenswood

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Nordural expansion  Helguvik

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

4,698

6,290

7,116

7,317

8,021

8,500

10,777

12,882

14,463

17,082

18,600

19,227

0

0

0

Purchase of carbon anode assets and improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

8,148

2,960

13,964

13,814

0

0

0

-

-

-

-

-

-

-

-

Investments in and advances to joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

275

375

313

213

113

13

15

22

32

0

0

0

Payments received from joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,622

3,166

3,166

6,222

3,056

0

0

0

-

-

-

-

Proceeds from sales of property, plant & equipment

0

-

-

-

0

-

-

-

-

-

-

-

-

1,000

0

0

0

-

-

-

-

-

-

-

-

525

614

635

483

188

89

1,483

1,529

1,471

0

0

0

-

-

-

-

Restricted and other cash deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,586

-21,022

-10

-275

-1,948

20,781

-896

-2,056

2,053

774

1,439

0

0

0

-

-

-

-

-

-

-

-

-5,206

0

0

0

Net cash provided by (used in) investing activities

-34,100

-38,800

-63,000

-82,700

-90,000

-82,900

-57,600

-25,100

-25,400

-17,400

-16,873

-16,588

-12,565

-20,900

-20,067

-32,652

-13,559

-43,363

-116,811

-115,191

-139,113

-120,326

-63,186

-71,575

-121,120

-117,174

-99,379

-82,347

-41,716

-32,531

-38,957

-37,600

-19,437

-24,895

-5,141

-19,882

-26,497

-25,471

0

0

0

Net Cash Provided by (Used in) Financing Activities [Abstract]
Repayments on term loan

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings under revolving credit facilities

340,300

388,100

420,400

408,300

289,400

120,100

14,600

600

1,400

1,300

1,300

1,305

1,029

1,200

1,223

1,322

1,653

1,737

2,106

6,787

74,008

92,423

97,731

109,371

41,595

22,725

16,725

0

0

18,076

18,076

33,976

33,976

15,900

0

0

0

-

-

-

-

Repayments of Lines of Credit

285,500

407,300

434,300

400,100

254,100

96,800

300

600

1,400

1,300

1,300

1,305

1,029

1,200

1,223

1,322

1,653

1,737

2,106

6,787

74,008

98,423

114,456

109,371

41,595

16,725

0

0

0

18,076

18,076

33,976

33,976

15,900

0

0

0

-

-

-

-

Other short-term borrowings

0

3,400

3,400

3,400

3,400

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock

-

-

-

-

-

400

300

400

500

400

300

200

0

0

0

0

0

-

-

-

-

403

149

126

47

44

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36,352

36,352

36,352

19,439

0

0

0

0

-

-

-

-

4,033

11,118

49,924

49,924

45,891

0

0

0

-

-

-

-

Net cash provided by (used in) financing activities

86,700

21,100

26,600

48,700

39,000

23,700

14,600

400

500

400

300

200

0

0

0

0

-16,913

-36,352

-36,098

-38,678

-21,642

-8,200

-19,179

58

-8,429

-2,432

8,293

-8,364

0

-4,033

-11,118

-49,873

-97,097

-93,064

0

0

0

-

-

-

-

CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH

126,400

0

-50,900

-98,300

-108,600

-128,300

-100,900

-6,700

4,900

34,500

56,700

1,309

-568

17,300

-5,383

-38,024

-99,970

-47,849

-10,434

106,024

173,933

79,154

-7,391

-66,147

-142,973

-99,888

-32,574

-28,981

12,926

575

-43,020

-75,889

-110,942

-120,895

-48,848

-23,863

79,748

106,062

0

0

0

Supplemental Cash Flow Information:
Cash paid for:
Interest

22,200

21,800

21,400

20,400

19,900

19,700

19,400

19,500

19,500

19,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes

400

500

8,800

9,800

12,700

13,100

6,700

7,400

3,100

5,600

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash investing activities:
Capital expenditures

200

3,000

5,400

3,500

12,000

8,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-