Cheniere Energy Partners, L.P. CQP Income Statement

Cheniere energy partners, l.p. (CQP)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues
Revenues
1,718,000	1,908,000	1,476,000	1,705,000	1,749,000	1,897,000	1,529,000	1,407,000	1,593,000	1,518,000	903,000	992,000	891,000	551,000	331,000	151,000	67,000	67,244	67,537	67,689	67,530	66,559	67,590	67,328	67,221	67,000	67,446	67,637	66,108	67,394	66,358	61,423	69,323	70,922	64,907	73,609	74,450	66,617	129,764
Revenues from contracts with customers
1,718,000	1,909,000	1,475,000	1,705,000	1,748,000	1,898,000	1,529,000	1,407,000	1,593,000	-	897,000	-	-	-	-	-	-	-	-	-	-	-	66,890	66,594	66,449	66,200	66,646	66,842	65,563	66,207	62,429	60,767	66,958	68,719	63,669	67,177	69,668	65,945	66,004
Operating costs and expenses
Cost of sales (excluding items shown separately below)
699,000	873,000	742,000	880,000	879,000	1,112,000	756,000	698,000	837,000	740,000	490,000	577,000	513,000	198,000	159,000	49,000	4,000	-10	-31,774	91	693	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales—affiliate
-	-	6,000	-	-	-	0	-	-	-	-	-	-	-	1,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating and maintenance expense
152,000	160,000	172,000	162,000	138,000	103,000	113,000	98,000	95,000	87,000	73,000	82,000	50,000	47,000	38,000	24,000	18,000	13,170	8,992	9,298	30,540	8,669	21,041	24,232	9,219	6,559	23,553	20,902	8,286	16,319	6,395	7,466	6,112	6,775	6,288	3,904	5,685	5,865	6,168
Operating and maintenance expense—affiliate
33,000	38,000	34,000	37,000	29,000	30,000	31,000	30,000	26,000	30,000	31,000	21,000	18,000	16,000	14,000	11,000	11,000	8,645	8,081	7,501	4,773	6,808	5,016	4,860	4,431	5,760	6,314	10,307	6,923	4,584	7,711	3,247	2,998	4,996	2,612	3,519	2,592	3,017	3,085
Development expense
-	-	0	0	-	-	1,000	1,000	-	-	1,000	1,000	-	-	0	0	-	369	113	1,367	1,151	648	1,383	3,792	3,496	3,165	1,355	3,318	3,484	2,189	4,229	14,472	16,669	5,697	8,971	11,163	6,617	4,012	407
Development expenseaffiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	438	152	206	204	430	329	242	152	207	133	611	451	313	102	1,031	1,231	1,279	923	958	865	615	365
General and administrative expense
2,000	2,000	3,000	3,000	3,000	2,000	3,000	2,000	4,000	2,000	5,000	2,000	3,000	4,000	2,000	4,000	3,000	3,731	3,673	4,081	3,515	3,759	2,448	4,234	3,366	3,050	2,718	2,028	3,774	3,705	4,737	2,193	1,681	3,686	867	1,430	1,771	1,245	2,059
General and administrative expense—affiliate
25,000	20,000	34,000	27,000	21,000	20,000	18,000	17,000	18,000	17,000	18,000	23,000	22,000	22,000	25,000	21,000	22,000	41,239	25,692	33,472	21,597	26,790	24,454	22,972	27,153	27,838	42,239	36,543	23,216	13,170	36,871	5,928	5,112	8,349	4,957	4,960	5,056	4,951	5,142
Depreciation and amortization expense
138,000	137,000	138,000	138,000	114,000	106,000	107,000	106,000	105,000	100,000	87,000	86,000	66,000	64,000	44,000	29,000	19,000	18,443	16,687	15,991	14,879	14,780	14,781	14,722	14,318	14,336	14,491	14,355	14,304	18,334	14,489	14,336	10,629	25,637	10,766	10,743	10,737	10,538	10,561
Impairment expense and loss on disposal of assets
-5,000	-1,000	-1,000	-3,000	-2,000	0	-8,000	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	1,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating costs and expenses
1,054,000	1,232,000	1,130,000	1,250,000	1,186,000	1,373,000	1,037,000	952,000	1,085,000	978,000	706,000	792,000	672,000	352,000	283,000	138,000	77,000	86,025	31,616	72,007	77,352	61,542	69,452	75,054	62,135	60,915	90,803	88,064	60,438	58,614	74,534	48,673	44,432	56,419	35,384	36,677	33,323	30,243	27,787
Income from operations
664,000	676,000	346,000	455,000	563,000	524,000	492,000	455,000	508,000	540,000	197,000	200,000	219,000	199,000	48,000	13,000	-10,000	-18,781	35,921	-4,318	-9,822	5,017	-1,862	-7,726	5,086	6,085	-23,357	-20,427	5,670	8,780	-8,176	12,750	24,891	14,503	29,523	36,932	41,127	36,374	101,977
Other income (expense)
Interest expense, net of capitalized interest
234,000	237,000	231,000	230,000	187,000	181,000	183,000	184,000	185,000	177,000	153,000	154,000	130,000	128,000	114,000	72,000	43,000	42,647	49,360	50,148	42,845	46,089	46,884	43,789	40,270	43,594	52,528	42,016	40,262	41,104	43,626	43,458	43,458	43,475	43,319	43,399	43,397	43,451	43,648
Loss on modification or extinguishment of debt
-1,000	-	-13,000	-	0	-	-12,000	-	-	0	-25,000	0	-42,000	-18,000	-26,000	-27,000	-1,000	273	0	-7,281	-88,992	0	0	-114,335	0	-	0	-80,510	-	-	0	0	-	-	-	-	-	-	-
Derivative gain, net
-	-	0	0	-	1,000	2,000	3,000	8,000	6,000	1,000	-3,000	0	32,000	10,000	-15,000	-21,000	4,541	-10,872	1,469	-37,138	-29,921	5,379	-60,178	-34,681	27,085	-22,335	95,509	-17,468	346	287	261	-836	-	-	-448	0	0	-44
Other income, net
6,000	7,000	8,000	7,000	9,000	7,000	8,000	7,000	4,000	5,000	3,000	3,000	0	-	0	1,000	-	465	179	235	121	154	127	-196	132	225	111	434	327	222	145	61	71	55	33	47	61	100	86
Total other expense
-229,000	-228,000	-236,000	-223,000	-178,000	-173,000	-185,000	-174,000	-173,000	-166,000	-174,000	-154,000	-172,000	-113,000	-130,000	-113,000	-65,000	-37,368	-60,053	-55,725	-168,854	-75,856	-41,378	-218,498	-74,819	-67,350	-74,752	-26,583	-57,403	-83,123	-43,194	-43,136	-44,223	-44,507	-44,002	-43,800	-43,336	-43,351	-43,606
Net income
435,000	448,000	110,000	232,000	385,000	351,000	307,000	281,000	335,000	374,000	23,000	46,000	47,000	86,000	-82,000	-100,000	-75,000	-56,149	-24,132	-60,043	-178,676	-70,839	-43,240	-226,224	-69,733	-61,265	-98,109	-47,010	-51,733	-74,343	-51,370	-30,386	-19,332	-30,004	-14,479	-6,868	-2,209	-6,977	58,371
Net loss attributable to the Creole Trail Pipeline Business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	244	-9,148	-9,246	-	-8,948	-5,525	-	-	-	-	-	-	-
Net loss attributable to partners
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-61,265	-98,353	-37,862	-42,487	-	-42,422	-24,861	-	-	-	-	-	-	-
Basic and diluted net income per common unit
0.84	0.87	0.19	0.44	0.75	0.69	0.60	0.55	0.67	4.29	-1.10	-3.71	-0.80	0.36	-0.27	-0.21	-0.08	0.01	0.18	-0.01	-0.61	-0.06	0.08	-0.85	-0.06	-0.04	-0.20	0.11	0.10	-	-	0.17	0.23	0.27	0.29	0.32	0.35	0.31	0.43
Weighted average number of common units outstanding used for basic and diluted net income per common unit calculation
348,600	348,600	348,600	348,600	348,600	348,600	348,600	348,600	348,600	352,600	247,200	57,100	57,100	57,100	57,100	57,100	57,100	57,159	57,081	57,080	57,080	57,079	57,079	57,079	57,079	57,235	57,079	57,079	45,547	-	-	31,328	31,017	31,049	27,408	26,754	26,429	26,416	26,416
LNG [Member]
Revenues
1,449,000	1,533,000	1,140,000	1,171,000	1,367,000	1,408,000	1,249,000	1,155,000	1,015,000	917,000	723,000	503,000	492,000	205,000	249,000	85,000	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenues from contracts with customers
1,449,000	1,534,000	1,139,000	1,171,000	1,366,000	1,409,000	1,249,000	1,155,000	1,015,000	-	717,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LNG—affiliate [Member]
Revenues from contracts with customers
188,000	295,000	257,000	455,000	305,000	413,000	205,000	178,000	503,000	525,000	111,000	422,000	331,000	278,000	16,000	0	0	-2,011	0	1,199	812	-2,206	700	734	772	800	800	795	545	1,187	3,929	656	2,365	2,203	1,238	6,432	4,782	672	63,760
Regasification [Member]
Revenues from contracts with customers
67,000	67,000	66,000	67,000	66,000	65,000	66,000	65,000	65,000	65,000	65,000	65,000	65,000	65,000	64,000	65,000	65,000	59,196	66,596	66,490	66,718	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other [Member]
Revenues from contracts with customers
14,000	13,000	13,000	12,000	11,000	11,000	9,000	9,000	10,000	13,000	3,000	2,000	2,000	-	1,000	1,000	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other—affiliate [Member]
Revenue earned from contracts with customers
-	-	-	-	-	-	-	-	-	-	1,000	0	1,000	1,000	1,000	0	2,000	-	941	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-