CHS Inc. CHSCM Cash Flow

Chs inc. (CHSCM)

CashFlow / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
125,694	178,737	177,925	54,713	248,304	347,115	240,545	181,620	165,959	187,182	-106,817	-46,140	14,973	208,942	-42,649	189,683	-30,182	266,174	131,270	177,835	92,897	378,331	199,485	379,873	260,621	243,028	122,600	252,329	275,518	345,881	360,884	406,718	79,235	488,882	236,957	405,917	211,819	206,335
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization
136,009	136,643	120,373	80,927	134,132	137,779	119,916	117,785	120,201	120,148	118,105	120,388	120,358	121,372	122,540	117,650	106,952	100,350	99,349	87,767	85,126	83,180	113,086	65,962	64,095	63,104	99,741	59,927	59,451	57,461	58,012	56,888	53,087	51,645	60,810	55,768	52,591	51,525
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions
-70,577	30,468	-	-	-52,561	47,621	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred major maintenance costs
-	-	-	-	-	-	17,778	11,069	16,421	16,418	16,493	14,134	18,129	18,302	18,409	18,772	17,784	18,518	15,931	9,580	11,625	8,817	7,659	12,378	12,514	12,519	12,549	7,519	7,389	7,390	7,390	8,207	10,166	7,878	8,167	8,083	8,470	5,754
Equity (income) loss from investments
-	-	-	-	-	-	16,404	59,308	39,441	38,362	12,817	48,393	35,800	40,328	43,958	72,453	28,004	31,362	24,302	34,750	24,169	24,629	18,197	25,522	31,049	32,678	24,944	27,574	16,760	28,072	33,504	24,804	19,952	24,129	31,169	20,679	41,931	37,635
Distributions from equity investments
-	-	-	-	-	-	92,632	19,204	65,947	12,514	107,794	19,462	69,703	16,393	103,029	20,753	31,691	22,991	18,468	27,688	19,203	15,558	17,666	13,662	11,126	37,231	11,875	11,394	9,845	29,647	9,420	15,279	9,808	40,961	9,288	69,765	22,919	35,794
Provision for doubtful accounts
108	1,775	20,871	29,886	1,979	5,009	6,230	-520	-24	-3,601	-20,335	101,191	69,301	27,812	23,331	26,809	4,115	2,945	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized (gain) loss on crack spread contingent liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,610	506	-19,538	-32,289	-30,613	-11,850	34,550	-28,397	-15,242	-10,472	-10,360	16,857	4,380	5,258	-29,634	43,105	29,069	-2,556	-4,185	0	-	-	-	-
Noncash patronage dividends received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-883	-3,136	-863	-11,394	-279	-4,413	-366	-12,092	-275	-3,309	-968	-7,724	-299	-2,330	-108	-7,833	-297	-906	-661
(Gain) loss on sale of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,611	-	2,377	761	759	-1,843	-2,993	398	1,122	2,335	1,174	2,025	700	1,468	1,180	2,001	915	834	1,812	1,818	736
(Gain) loss on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,672	-	0	2,199	2,875	2,761	108,792	2,609	0	-	-	-	-	-5,019	0	-484	38	-2,059	128,722	66	0
Deferred taxes
-2,184	-3,579	-20,934	1,347	6,884	26,555	283,984	32,432	-185,801	16,346	339,824	-167,723	16,167	6,199	-11,834	16,623	-40,388	7,409	-60,140	-19,887	23,067	26,656	-75,177	97,202	1,734	638	-92,874	472	-1,217	902	-78,418	17,850	972	972	54,799	32,525	-24,370	4,135
Other, net
-4,160	8,341	8,435	-44,479	4,960	-3,162	-9,017	-566	15,861	375	-5,386	636	18,830	6,093	7,970	-32,648	-1,693	10,927	-25,014	-17,412	5,470	15,013	-8,686	4,943	12,158	-638	3,928	1,493	-937	1,230	-104	147	259	179	4,583	-3,977	435	-173
Changes in operating assets and liabilities, net of acquisitions:
Receivables
-399,349	-108,495	-228,654	624,180	-360,101	182,767	-405,321	393,773	-255,927	56,700	-202,286	208,424	-169,481	16,555	119,043	231,016	-375,739	24,110	-323,920	448,214	-267,710	-170,897	-343,431	702,545	-401,203	-58,994	-339,233	701,642	-283,351	26,841	76,499	693,503	-154,655	-238,487	-69,800	537,848	75,398	171,143
Inventories
299,738	514,580	-484,033	-587,188	370,331	416,196	-144,858	-762,746	564,162	513,023	-11,435	-1,044,367	635,028	754,253	-518,224	-173,364	-128,538	466,554	-403,979	-580,131	37,551	875,486	-112,247	-543,864	320,276	373,627	-272,907	-689,031	-18,046	422,653	558,409	-771,583	238,192	227,824	-286,319	-188,025	628,295	642,645
Derivative assets
-	-	-	-	-	-	124,822	2,073	-88,453	63,926	-234,317	-52	10,040	110,306	35,829	-158,980	21,212	72,117	-108,514	9,278	86,785	-88,264	191,118	77,353	-250,081	104,742	-1,180,500	1,155,077	-137,437	-447,163	464,368	150,558	-195,111	-233,885	-85,156	25,429	364,710	117,391
Margin and related deposits
-	-	-	-	-	-	-101,991	64,974	-18,788	893	-39,223	-38,596	-22,608	2,623	6,717	100,385	-16,455	-59,942	43,609	-23,510	-95,305	83,740	-80,972	8,584	93,688	-61,161	-30,463	4,256	-178,240	-608,169	807,430	-64,998	118,958	-810,149	-17,898	81,035	386,080	13,640
Supplier advance payments
-	-	-	-	-	-	-138,184	-232,208	116,045	293,536	-180,586	-139,567	220,996	133,109	-252,094	-248,753	99,238	358,194	-179,731	-327,136	217,716	292,278	-173,807	-395,508	331,626	305,377	393,801	-494,562	257,965	129,175	-	-	-	-	-	-	-	-
Other current assets and other assets
-	-	-	-	-	-	32,095	-22,728	7,977	-6,323	34,436	-22,690	15,483	-12,082	-37,508	-22,284	-18,463	-50,348	108,386	12,854	65	-33,879	9,471	-29,847	31,167	8,903	42,188	-10,474	-11,784	16,819	100,126	-266,454	151,383	53,858	-112,853	-188,639	226,773	212,468
Customer margin deposits and credit balances
-	-	-	-	-	-	604	-31,677	33,546	18,045	-25,435	17,071	31,143	28,141	-18,184	-45,466	20,771	22,038	-2,328	34,370	64,248	10,498	-14,423	-201	14,412	34,263	-88,112	67,800	116,857	413,003	-525,101	-28,496	49,970	447,450	76,162	-84,891	-303,736	-15,348
Customer advance payments
-	-	-	-	-	-	36,498	-384,052	343,123	-10,251	22,371	-480,795	325,651	131,444	47,057	-422,970	106,903	261,931	-228,768	-589,801	475,369	119,737	-284,899	-422,958	654,762	217,116	-150,843	-709,947	526,791	73,550	168,715	-393,062	331,325	-45,000	-177,368	-388,683	457,115	272,576
Accounts payable and accrued expenses
-440,807	386,021	-213,084	466,667	-591,553	299,741	-88,005	81,664	-525,266	453,219	75,873	93,667	-685,000	743,427	-57,426	-96,890	-572,152	596,881	-272,189	343,919	-1,176,487	546,637	21,323	347,128	-1,054,451	496,197	-77,871	371,554	-986,185	705,760	301,568	40,699	-758,703	249,411	-4,406	686,058	-128,049	316,711
Derivative liabilities
-	-	-	-	-	-	120,881	-44,924	156,494	-99,956	97,458	10,013	-44,349	-195,545	-7,872	202,860	-86,172	-107,373	-59,308	46,971	-150,450	28,754	187,520	-141,223	146,455	-57,827	8,590	26,501	-95,119	-216,445	297,958	743	-6,004	-181,216	22,463	21,242	261,983	-92,463
Other liabilities
156,049	-110,684	-242	117,878	122,510	-261,251	90,471	8,410	-62,628	4,376	28,025	-3,916	-56,154	6,599	-15,780	-30,374	-42,906	-5,231	-6,286	14,248	-49,038	6,867	6,361	-47,015	30,146	21,716	31,500	12,636	-54,141	20,820	102,600	-22,597	-35,061	15,561	11,889	20,804	-21,070	3,994
Net cash provided by (used in) operating activities
140,897	160,701	1,010,020	255,162	-30,453	-94,798	1,268,915	447,980	-488,858	-153,540	749,935	847,939	-881,591	238,417	998,129	-56,658	-97,016	416,099	596,521	475,665	-528,713	26,537	968,934	503,524	-549,716	518,502	1,026,685	416,205	-56,342	1,086,402	-276,702	389,503	-551,637	1,157,472	685,269	573,235	-580,744	-376,437
Cash flows from investing activities:
Acquisition of property, plant and equipment
93,154	131,808	164,627	100,598	73,241	104,750	106,334	106,192	57,062	85,824	146,382	90,138	90,891	116,986	135,091	129,399	176,612	251,678	328,290	308,570	247,229	302,701	262,788	266,751	221,513	168,024	192,813	162,738	126,249	138,083	152,996	117,728	98,986	98,901	96,532	71,608	58,022	84,508
Proceeds from disposition of property, plant and equipment
3,944	3,015	7,560	20,734	19,928	5,752	11,108	20,365	3,601	56,079	1,839	10,908	4,220	2,574	6,394	1,916	2,176	2,931	-	4,206	1,901	2,241	7,351	1,292	1,697	1,384	1,933	1,894	2,710	1,190	24,095	1,901	346	1,497	2,493	2,224	3,676	1,103
Proceeds from sale of business
-	-	-	-	-	-	0	181,362	24,095	29,457	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Expenditures for major repairs
1,118	7,691	21,257	208,203	-807	3,441	41,151	36,531	1,793	1,039	1,194	459	448	239	272	248	193	18,897	71,386	122,797	6,168	1,337	2,930	0	0	0	19,709	44,595	13,100	-3,852	44,312	-1,033	-3,266	-16,570	-4,087	-5,111	12,875	-95,806
Short-term investments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-145,000	0	315,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-4	1,876	3,468
Investments redeemed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,250	19,937	2,801,322	12,709	6,664	177	17,043	40,375	12,683	47,608	8,908	10,941	7,482	4,164	2,000	7,718	65,183	14,351	12,003	3,220	-	-	-	-
Investments redeemed
-	-	-	-	-	-	-	111	1,301	5,195	-	5,038	2,660	0	-	-	-	-	-	2,997	2,200	6,084	135,760	0	2,725	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,539	3,026	17,990	-	-	-	-	-125,777	126,281	4,145	19	7,241	2,648	3,113	19	6,428	3,085	2,550	49	7,048	6,161	6,444	20,028
Changes in CHS Capital notes receivable, net
-194,413	-15,195	-101,705	82,100	-96,357	126,865	-109,243	58,062	-43,381	69,227	-105,095	-3,287	-110,236	218,296	-20,972	235,302	-142,027	137,599	71,627	130,919	-194,552	180,189	-137,316	78,129	33,458	209,789	-184,259	19,287	-121,183	74,220	46,864	-23,481	-10,917	-31,506	-185,377	47,063	194,586	291,237
Financing extended to customers
3,560	915	1,718	3,832	2,732	3,928	2,296	6,092	50,236	15,778	9,442	16,425	27,005	14,353	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments from customer financing
4,500	4,209	6,004	4,380	8,672	71,137	13,728	7,832	14,373	16,520	21,028	6,337	39,266	21,523	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	296,284	6,558	7,872	-5,501	167,052	16,580	89,985	7,873	353	4,284	0	8,074	6,615	1,204	125,868	32,346	16	1,925	62,398	3,150
Other investing activities, net
-9,759	-3,046	-15,829	17,434	-6,722	-7,319	-36,251	-22,580	12,050	-1,847	-14,827	2,202	-6,169	1,245	-59,325	-8,979	3,550	518	-40,027	3,978	-3,614	4,979	18	-19	88	3,489	-847	942	310	87	140	1,944	-338	-1,404	1,421	-130	1	-33
Net cash provided by (used in) investing activities
114,784	-114,949	-68,793	-494,227	56,513	-154,776	-7,737	25,373	-34,390	-62,770	-30,889	-89,008	41,878	-327,022	-142,610	-359,279	-2,844,602	-400,480	-589,356	-412,512	-76,045	-830,755	-290,821	-281,476	-345,385	-398,713	-27,327	-230,218	-6,949	-230,825	-243,849	-107,793	-225,972	-116,581	92,112	107,812	-293,888	-457,005
Cash flows from financing activities:
Payments on lines of credit, long term-debt and capital lease obligations
6,040,927	5,445,420	9,213,559	8,235,841	7,683,460	4,317,479	7,500,084	11,515,840	9,854,551	7,654,661	8,221,041	9,300,604	10,125,997	9,936,369	11,142,161	9,751,150	6,305,126	2,034,405	2,182,736	2,867,958	2,841,488	1,249,058	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	56,122	14,446	170,502	16,274	13,642	-17,230	73,224	158,103	-38,977	-75,934	-70,753	-635,970	-554,204	958,349	689,556
Long-term debt borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,426	-	-	-	-	-	-	-	-	500,000	31,882	0	100,000
Principal payments on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,371	24,122	112,267	57,199	5,513	4,390	46,481	40,940	15,814	708	39,157	37,856	31,995	6,821	38,257
Principal payments on capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,129	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mandatorily redeemable noncontrolling interest payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	153,022	0	0	0	65,981	0	0	0	65,981	0	0	0	65,981	0	0	0	0	-	-	-	-
Payments on crack spread contingent liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2,625	-	0	0	0	0	0	0	8,670	-	-	-	-	-	-	-	-	-	-	-	-
Payments for bank fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	12,390	1,700	0	200	3,448
Changes in checks and drafts outstanding
-	-	-	-	-	-	-	-	-	-	-	-120,232	-12,946	14,334	-	-5,122	11,613	-4,811	-	-87,677	71,954	-43,239	-13,487	-20,581	50,366	-34,113	-1,484	-21,663	-33,763	36,518	41,478	-26,751	33,252	-41,626	70,984	-16,012	42,119	-34,058
Preferred stock issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	517,500	492,500	0	420,000	0	282,979	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock Issuance Costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	16,555	16,047	538	13,479	400	9,255	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividends paid
42,167	42,167	42,167	42,167	42,167	42,167	42,167	42,167	42,167	42,167	42,167	41,825	41,825	41,825	41,825	40,500	40,499	40,500	40,499	38,452	32,273	22,486	20,901	11,707	12,017	6,136	6,136	6,136	6,136	6,136	6,136	6,136	6,136	6,136	6,136	6,136	6,136	6,136
Distributions to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	71,740	5,779	10,061	3,933	704	3,486
Redemptions of equities
3,387	5,447	9,143	45,644	6,681	24,072	2,456	1,649	1,060	3,682	9,765	11,833	4,142	9,528	6,794	6,674	7,129	3,314	14,859	5,325	106,132	2,591	11,943	8,010	77,136	2,520	378,368	-5,586	-176,991	-2,378	284,143	-7,855	-128,119	-2,447	-4,605	-4,410	-49,738	-2,440
Cash patronage dividends paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,794	1,467	274,998	555	71	-1,018	287,736	0	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities, net
-19,836	6,757	9,307	4,339	-33,835	3,503	1,145	-15,043	-34,604	-21,257	-24,233	-1,012	2,167	384	55,313	-6,394	3,148	0	-69,278	-270	-128	148	1,979	-2,807	3,408	-2,236	-848	-2	-2	1,114	996	-101	-15	-2	-5	-1	-14	0
Net cash provided by (used in) financing activities
-207,665	-71,882	-899,989	35,356	89,926	49,061	-1,306,030	-186,964	475,611	285,213	-773,696	-744,154	572,120	327,472	-926,388	430,304	2,024,380	285,900	-162,313	-219,247	187,438	347,950	-93,698	415,185	-333,766	213,729	78,137	74,164	-620,144	-10,120	145,080	-96,137	-509,526	-178,290	-125,352	-584,943	795,479	701,731
Effect of exchange rate changes on cash and cash equivalents
-4,460	-1,153	3,115	1,669	-516	-1,535	7,834	3,402	-4,608	2,236	-6,578	2,651	1,910	-2,696	837	-7,503	-485	1,928	7,089	-4,394	11,158	-8,417	-706	3,096	-4,616	602	-2,923	-4,532	2,175	115	219	-4,354	-364	-4,725	-4,085	9,511	-967	1,294
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
43,556	-27,283	44,353	-202,040	115,470	-202,048	-37,018	289,791	-52,245	71,139	-61,228	17,428	-265,683	236,171	-70,032	6,864	-917,723	303,447	-148,059	-160,488	-406,162	-464,685	583,709	640,329	-1,233,483	334,120	1,074,572	255,619	-681,260	845,572	-375,252	181,219	-1,287,499	857,876	647,944	105,615	-80,120	-130,417