| Aug'19 | Aug'18 | Aug'17 | Aug'16 | Aug'15 | Aug'14 | Aug'13 | Aug'12 | Aug'11 | Aug'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||
828,057 | 775,306 | 70,958 | 383,026 | 780,333 | 1,083,007 | 996,328 | 1,335,719 | 1,061,028 | 535,397 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | |||||||||
Depreciation and amortization | |||||||||
473,211 | 478,050 | 480,223 | 447,492 | 355,422 | 306,247 | 276,580 | 219,632 | 220,694 | 202,922 |
Amortization of deferred major maintenance costs | |||||||||
68,296 | 61,686 | 67,058 | 73,483 | 45,953 | 45,070 | 34,847 | 33,641 | 30,474 | 18,532 |
Equity (income) loss from investments | |||||||||
236,755 | 153,515 | 137,338 | 175,777 | 107,850 | 107,446 | 97,350 | 102,389 | 131,414 | 108,787 |
Distributions from equity investments | |||||||||
249,315 | 190,297 | 213,352 | 178,464 | 80,917 | 79,685 | 62,761 | 75,468 | 137,766 | 89,689 |
Provision for doubtful accounts | |||||||||
57,745 | 2,085 | 177,969 | 57,200 | 2,806 | 9,050 | - | - | - | - |
(Gain/recovery) loss on disposal of business | |||||||||
3,886 | 131,816 | -2,190 | 0 | - | - | - | - | - | - |
Unrealized (gain) loss on crack spread contingent liability | |||||||||
0 | 0 | -15,051 | -60,931 | -36,310 | -19,217 | 23,109 | 22,328 | - | - |
Noncash patronage dividends received | |||||||||
- | - | - | - | - | -16,452 | -16,644 | -10,461 | -9,697 | -9,918 |
(Gain) loss on sale of property, plant and equipment | |||||||||
- | - | - | - | - | -3,316 | 6,234 | 5,564 | 5,200 | 5,094 |
(Gain) loss on investments | |||||||||
- | - | - | - | - | 114,162 | 182 | -5,465 | 126,729 | 29,433 |
Long-lived asset impairment, net of recoveries | |||||||||
40,340 | -10,352 | 145,042 | 27,247 | 103,723 | 74,452 | 0 | 0 | - | - |
Reserve against supplier advance payments | |||||||||
0 | 0 | 130,705 | 0 | 0 | - | - | - | - | - |
Deferred taxes | |||||||||
13,852 | 146,961 | 194,467 | -28,190 | -30,304 | 24,397 | -92,717 | -58,624 | 67,089 | 39,507 |
Other, net | |||||||||
-34,246 | 6,653 | 20,173 | -15,444 | -21,943 | 7,777 | 5,714 | 481 | 868 | 1,597 |
Changes in operating assets and liabilities, net of acquisitions: | |||||||||
Receivables | |||||||||
218,192 | -210,775 | -146,788 | -1,570 | -314,313 | -101,083 | 105,899 | 376,860 | 714,589 | 123,630 |
Inventories | |||||||||
-284,694 | 169,581 | 333,479 | -353,572 | -71,073 | 37,792 | -557,331 | 252,842 | 796,596 | 426,328 |
Derivative assets | |||||||||
-105,708 | 102,368 | -114,023 | -29,822 | -100,715 | 123,132 | -610,023 | 185,930 | 422,374 | 73,597 |
Margin and related deposits | |||||||||
4,188 | -54,912 | -97,804 | 30,705 | 8,534 | -39,861 | -812,616 | 51,241 | 462,857 | 397,993 |
Supplier advance payments | |||||||||
-42,659 | 39,189 | 33,952 | -43,415 | 3,127 | 67,688 | 286,379 | -131,636 | - | - |
Other current assets and other assets | |||||||||
25,442 | 11,021 | 15,147 | -128,603 | 87,426 | 19,694 | 36,749 | 38,913 | 137,749 | -42,145 |
Customer margin deposits and credit balances | |||||||||
-945 | 20,518 | 50,920 | -20,841 | 106,788 | 34,051 | 509,548 | -56,177 | -327,813 | -149,228 |
Customer advance payments | |||||||||
-211,761 | -14,682 | -1,329 | -7,079 | -223,463 | 164,021 | -260,449 | 61,978 | 163,640 | 114,032 |
Accounts payable and accrued expenses | |||||||||
-38,229 | -78,388 | 227,967 | -129,587 | -558,120 | -189,803 | 13,258 | -167,025 | 870,314 | 221,776 |
Derivative liabilities | |||||||||
-203,383 | 132,495 | -132,423 | 1,443 | -134,033 | 134,925 | -276,473 | 111,481 | 213,225 | -25,740 |
Other liabilities | |||||||||
-21,105 | 40,629 | -25,446 | -94,291 | -34,209 | 11,208 | 10,815 | 60,503 | 15,617 | -64,344 |
Net cash provided by (used in) operating activities | |||||||||
1,139,931 | 1,074,497 | 954,700 | 1,260,554 | 570,010 | 1,441,244 | 2,472,950 | 718,636 | 301,323 | 149,961 |
Cash flows from investing activities: | |||||||||
Acquisition of property, plant and equipment | |||||||||
443,216 | 355,412 | 444,397 | 692,780 | 1,186,790 | 919,076 | 619,883 | 468,611 | 310,670 | 324,262 |
Proceeds from disposition of property, plant and equipment | |||||||||
53,974 | 91,153 | 19,541 | 13,417 | - | 11,724 | 7,727 | 27,839 | 9,496 | 10,139 |
Proceeds from sale of business | |||||||||
5,044 | 234,914 | 0 | 0 | - | - | - | - | - | - |
Expenditures for major repairs | |||||||||
232,094 | 80,514 | 2,340 | 19,610 | 201,688 | 2,930 | 73,552 | 23,443 | -92,129 | -7,554 |
Investments redeemed | |||||||||
5,086 | 21,679 | 16,645 | 2,855,218 | 64,259 | 80,140 | 21,364 | 94,757 | 6,090 | 38,062 |
Investments redeemed | |||||||||
- | - | - | - | - | 138,485 | - | - | - | - |
Proceeds from sale of investments | |||||||||
- | - | - | - | - | 4,668 | 13,021 | 12,112 | 39,681 | 119,331 |
Proceeds from sale of investments | |||||||||
- | - | - | - | - | - | - | - | 225,000 | 0 |
Changes in CHS Capital notes receivable, net | |||||||||
10,903 | -25,335 | -322 | 209,902 | 188,183 | 184,060 | -211,935 | -19,040 | 347,509 | 41,925 |
Financing extended to customers | |||||||||
12,210 | 74,402 | 67,225 | 82,302 | 39,995 | - | - | - | - | - |
Payments from customer financing | |||||||||
90,193 | 52,453 | 88,154 | 35,188 | 42,776 | - | - | - | - | - |
Business acquisitions, net of cash acquired | |||||||||
119,421 | 0 | 0 | - | 305,213 | 281,490 | 12,711 | 166,033 | 67,489 | 6,307 |
Other investing activities, net | |||||||||
-12,436 | -48,628 | -17,549 | -64,236 | -34,684 | 3,576 | 492 | 342 | 1,259 | 949 |
Net cash provided by (used in) investing activities | |||||||||
-661,283 | -79,524 | -405,041 | -3,746,971 | -1,908,668 | -1,316,395 | -495,319 | -694,195 | -550,969 | -289,589 |
Cash flows from financing activities: | |||||||||
Proceeds from lines of credit and long term debt borrowings | |||||||||
29,071,363 | 36,040,240 | 37,295,236 | 31,586,968 | 8,954,420 | 4,591,982 | - | - | - | - |
Payments on lines of credit, long term-debt and capital lease obligations | |||||||||
29,450,339 | 36,525,136 | 37,584,011 | 29,232,842 | 9,141,240 | 4,540,558 | - | - | - | - |
Changes in notes payable | |||||||||
- | - | - | - | - | - | 85,910 | -27,561 | 457,731 | 15,217 |
Long-term debt borrowings | |||||||||
- | - | - | - | - | - | 280,000 | 0 | 631,882 | 0 |
Principal payments on long-term debt | |||||||||
- | - | - | - | - | - | 113,583 | 96,619 | 114,929 | 84,792 |
Principal payments on capital lease obligations | |||||||||
- | - | - | - | - | - | 35,387 | - | - | - |
Mandatorily redeemable noncontrolling interest payments | |||||||||
- | - | - | 153,022 | 65,981 | 65,981 | 65,981 | 0 | - | - |
Payments on crack spread contingent liability | |||||||||
- | - | - | - | - | 8,670 | 0 | 0 | - | - |
Payments for bank fees | |||||||||
- | - | - | - | - | - | 9,593 | 12,390 | 5,348 | 10,296 |
Changes in checks and drafts outstanding | |||||||||
- | - | - | - | - | -17,815 | -20,392 | 6,353 | 63,033 | 47,280 |
Preferred stock issued | |||||||||
- | - | - | - | 1,010,000 | 702,979 | 0 | 0 | - | - |
Preferred Stock Issuance Costs | |||||||||
- | - | - | - | - | 23,672 | 295 | 0 | - | - |
Preferred stock dividends paid | |||||||||
168,668 | 168,668 | 167,642 | 163,324 | 133,710 | 50,761 | 24,544 | 24,544 | 24,544 | 23,248 |
Distributions to noncontrolling interests | |||||||||
- | - | - | - | - | - | - | 78,602 | 18,184 | 4,870 |
Redemptions of equities | |||||||||
85,540 | 8,847 | 35,268 | 23,911 | 128,907 | 99,609 | 193,413 | 145,722 | -61,193 | -23,135 |
Cash patronage dividends paid | |||||||||
75,776 | 0 | 103,879 | 251,740 | 271,226 | 286,789 | 380,947 | 260,666 | 141,513 | 153,894 |
Other financing activities, net | |||||||||
-16,686 | -69,759 | -22,694 | 52,067 | -69,528 | 344 | 262 | 878 | -20 | 952 |
Net cash provided by (used in) financing activities | |||||||||
-725,646 | -732,170 | -618,258 | 1,814,196 | 153,828 | 201,450 | -477,963 | -638,873 | 786,915 | -236,786 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||
2,733 | 8,864 | -4,713 | -5,223 | 5,436 | -1,624 | -5,165 | -9,224 | 5,753 | -1,522 |
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | |||||||||
-244,265 | 271,667 | -73,312 | -677,444 | -1,179,394 | 324,675 | 1,494,503 | -623,656 | 543,022 | -377,936 |