CVR REFINING, LP CVRR Income Statement

Cvr refining, lp (CVRR)

Income statement / 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
Net sales
6,655	6,184	5,698	5,664	5,416	5,194	5,020	4,431	4,110	4,308	4,691	5,161	5,986	6,839	7,758	8,829	9,417	9,113	8,784	8,683	8,138	8,565	8,657	8,281	0	0	0
Operating costs and expenses:
Cost of materials and other
5,595	5,165	4,820	4,804	4,630	4,504	4,238	3,759	3,494	3,570	3,809	4,143	5,024	6,014	7,006	8,013	8,499	8,180	7,784	7,526	6,793	6,753	6,842	6,667	0	0	0
Direct operating expenses (exclusive of depreciation and amortization as reflected below)
406	441	433	442	402	379	377	393	487	503	509	478	402	400	403	415	390	384	374	361	447	432	419	426	0	0	0
Depreciation and amortization
130	129	128	128	128	128	128	126	125	122	125	128	129	129	126	122	119	118	115	114	112	111	109	107	0	0	0
Cost of sales
6,132	5,736	5,382	5,375	5,162	5,012	4,744	4,278	4,107	4,196	4,444	4,750	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Flood insurance recovery
-	-	-	-	-	-	-	-	-	-	-	27	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Selling, general and administrative expenses (exclusive of depreciation and amortization as reflected below)
77	78	75	79	76	75	73	71	73	73	75	75	71	70	70	70	73	75	77	77	76	78	84	86	0	0	0
Depreciation and amortization
4	4	4	3	3	3	2	2	2	2	2	2	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on asset disposals
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating costs and expenses
-	-	0	5,460	-	-	4,821	4,353	4,183	4,272	4,494	4,800	5,602	6,589	7,607	8,622	9,082	8,758	8,352	8,080	7,430	7,374	7,456	7,287	0	0	0
Operating income
436	359	235	204	173	102	199	77	-73	35	196	361	383	250	151	207	335	354	432	603	708	1,190	1,200	993	0	0	0
Interest expense, net
2	0	-0	-0	-1	21	43	43	42	41	42	42	41	39	36	34	33	35	38	44	55	63	71	76	0	0	0
Interest income
-	-	0	0	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gain (loss) on derivatives, net
9	-12	-22	-69	-19	-4	-6	-19	18	32	21	-28	-37	-23	24	185	55	101	186	57	164	-76	-158	-285	0	0	0
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-26	-63	-63	-63	-37	0	0	0
Other income, net
7	4	2	1	0	0	0	0	0	0	0	0	0	-0	0	-0	0	0	0	0	0	0	0	0	0	0	0
Total other income
-	-	-66	-115	-	-	-49	-62	-23	-9	-20	-70	-79	-62	-11	151	21	66	148	-12	46	-203	-292	-398	0	0	0
Income before income tax expense
-	-	168	88	-	-	150	15	-96	26	176	291	304	187	140	358	357	421	580	590	755	987	908	595	0	0	0
Income tax expense
-	-	0	0	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net income
409	305	168	89	107	53	150	15	-96	26	176	291	304	187	140	358	357	421	580	512	677	909	830	595	0	0	0
Net income per common unit basic and diluted (in dollars per unit)
1.18	0.80	0.99	-0.20	0.47	-0.13	0.45	-0.07	0.11	0.53	-0.46	-0.83	0.94	1.54	0.32	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per common unit basic (in dollars per unit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.73	0.15	1.22	1.80	-0.75	0.58	2.30	1.34	-	-	-	-
Net income (loss) per common unit diluted (in dollars per unit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.73	0.15	1.22	1.80	-0.75	0.58	2.30	1.34	-	-	-	-
Weighted-average common units outstanding:
Basic and diluted (in units)
147	147	147	147	147	147	147	147	147	147	147	147	147	147	147	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in units)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	147	147	147	147	147	147	147	147	-	-	-	-
Diluted (in units)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	147	147	147	147	147	147	147	147	-	-	-	-