CVR REFINING, LP CVRR Cash Flow

Cvr refining, lp (CVRR)

CashFlow / TTM

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
Cash flows from operating activities:
Net income
409,800	305,800	168,500	88,800	107,300	53,200	150,300	15,300	-96,200	26,800	176,500	291,200	304,900	187,800	140,000	358,700	357,000	421,200	580,500	512,600	677,400	909,900	830,164	595,300	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
134,100	134,100	132,700	133,100	133,400	131,900	131,600	129,000	127,700	125,100	127,700	130,200	130,700	130,500	127,000	122,500	119,000	118,100	115,800	114,300	112,400	111,100	109,341	107,600	0	0	0
Allowance for doubtful accounts
-	-	-300	-	-	-	900	200	0	0	0	-	-	-	-	-500	-2,000	-2,200	-1,600	-1,100	700	1,300	906	700	0	0	0
Amortization of deferred financing costs
-	-	1,600	-	-	-	1,900	1,900	1,900	1,900	2,000	1,900	1,900	1,900	1,800	1,900	1,800	1,800	1,900	1,900	2,800	4,000	5,231	6,400	0	0	0
Amortization of original issue discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	0	0	0
Amortization of original issue premium
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,800	0	0	0
Loss on disposition of assets
-	-	-1,100	-	-	-	-800	-300	0	0	0	-	-	-	-	-200	0	0	0	-	-	-	-791	-1,200	0	0	0
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-26,100	0	0	0	-	-	-	-
Share-based compensation
18,200	17,200	12,000	13,200	9,200	9,300	6,300	4,900	5,400	5,900	7,200	9,300	7,700	6,800	8,400	8,000	10,200	10,700	10,500	11,600	11,200	13,900	20,221	18,500	0	0	0
Gain on derivatives, net
-	-	-22,700	-	-	-	-6,000	-19,400	18,800	32,300	21,600	-28,600	-37,700	-23,700	24,800	185,600	55,200	101,900	186,500	57,100	0	0	0	-	-	-	-
Current period settlements on derivative contracts
-	-	4,100	-	-	-	-16,200	-36,400	-43,200	-37,300	-1,700	26,000	5,000	-32,400	-94,800	-122,200	0	0	0	-	-	-	-	-	-	-	-
Income from equity method investments, net of distributions
1,700	1,700	1,400	700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current period settlements on derivative contracts
-	-	4,100	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Changes in assets and liabilities:
Unrealized (gain) loss on derivatives, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Accounts receivable
-	-	35,900	-	-	-	28,300	49,400	1,900	-36,100	-26,500	-41,100	-98,700	-71,500	-121,200	-105,400	-11,500	-33,400	-26,200	29,300	-39,600	63,800	32,312	30,400	0	0	0
Inventories
-	-	76,900	-	-	-	62,900	38,500	17,200	-42,100	-50,800	-41,300	-235,600	-184,700	-232,700	-200,300	-163,300	-58,200	16,500	-5,800	152,500	64,300	-75,343	-113,900	0	0	0
Prepaid expenses and other current assets
-	-	74,500	-	-	-	-20,900	4,800	-5,900	700	-9,800	-12,900	-1,500	-4,900	10,900	-3,900	27,500	35,000	14,200	47,800	9,900	-16,000	-14,344	-15,400	0	0	0
Insurance receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Insurance receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Other long-term assets
-	-	-1,200	-	-	-	0	-	-	-	-	-4,300	-1,300	500	500	600	1,700	0	-100	-200	0	0	0	-	-	-	0
Accounts payable
-	-	107,400	-	-	-	-12,200	-17,000	-57,500	-48,700	-18,600	-16,300	-99,800	-72,800	-90,700	-58,500	23,500	27,900	22,700	-18,900	-15,300	-61,900	-148,094	-101,300	0	0	0
Accrued expenses and other current liabilities
-	-	-172,500	-	-	-	150,200	170,600	95,900	4,800	-39,200	-45,900	-21,000	-6,500	6,000	36,600	700	-38,400	2,800	-1,000	20,600	60,000	4,886	4,400	0	0	0
Accrued environmental liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	96	100	0	0	0
Other long-term liabilities
-	-	-3,900	-	-	-	-1,300	-1,000	-200	2,500	300	200	0	1,700	1,200	1,300	800	-800	-700	-600	-100	-100	144	100	0	0	0
Net cash provided by operating activities
377,900	183,900	77,700	177,900	395,400	479,000	380,900	267,800	93,200	206,000	328,200	473,700	695,000	566,900	606,100	715,800	705,300	591,200	619,700	601,000	601,500	999,000	1,011,839	917,300	0	0	0
Cash flows from investing activities:
Capital expenditures
83,700	83,700	96,100	99,700	84,900	82,300	77,900	102,300	154,500	184,600	197,000	194,700	160,700	164,100	175,100	191,300	217,900	229,700	217,800	204,500	178,200	137,700	129,290	120,200	0	0	0
Investment in affiliates, net of return of investment
-	-	0	-	-	-	7,000	5,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	0	0	0
Net cash used in investing activities
-158,100	-158,100	-171,000	-176,100	-88,300	-88,900	-84,900	-107,900	-157,800	-184,600	-197,000	-194,700	-160,600	-164,000	-175,000	-191,200	-217,800	-229,700	-217,700	-204,400	-178,100	-137,600	-129,031	-119,800	0	0	0
Cash flows from financing activities:
Payments on senior secured notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	243,400	0	0	0	-	-	-	-
Payment of capital lease obligations
-	-	1,900	-	-	-	1,600	1,600	1,500	1,500	1,500	1,400	1,400	1,300	1,200	1,200	1,300	1,200	1,200	1,100	900	900	878	900	0	0	0
Net distributions to parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Distributions to affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	235,100	0	0	0	-	-	-	-
Distributions to common unitholders affiliates
0	0	0	-	0	0	0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to common unitholders non-affiliates
0	0	0	-	0	0	0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payment of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,800	0	0	0
Net cash used in financing activities
-382,100	-284,100	-208,600	-142,100	-32,900	-33,300	-33,100	-33,100	-150,600	-295,300	-407,400	-461,900	-392,500	-389,700	-422,400	-434,200	-378,800	-424,800	-513,600	-269,900	-252,400	-407,500	-400,027	-647,100	0	0	0
Net increase in cash and cash equivalents
-162,300	-258,300	-301,900	-140,300	274,200	356,800	262,900	126,800	-215,200	-273,900	-276,200	-182,900	141,900	13,200	8,700	90,400	108,700	-63,300	-111,600	126,700	171,000	453,900	482,781	150,400	0	0	0
Cash paid for interest net of capitalized interest of $0.3 and $0.3 in 2018 and 2017, respectively
-	-	45,300	-	-	-	42,100	41,500	40,400	40,000	40,100	40,600	40,000	37,500	35,000	32,400	31,800	34,500	37,800	49,400	71,200	69,900	84,990	75,200	0	0	0
Construction in process additions included in accounts payable
-	-	2,700	-	-	-	300	9,200	-3,500	11,200	24,600	20,600	34,900	18,600	7,900	19,900	21,800	19,600	39,700	30,400	46,100	59,100	48,592	37,400	0	0	0
Change in accounts payable related to construction in process additions
-	-	-4,200	-	-	-	-8,900	-11,400	-23,900	-9,200	4,000	700	14,900	-1,300	-11,900	-10,500	-8,600	-10,900	9,200	-7,000	0	0	0	-	-	-	-