Eqgp holdings, lp (EQGP)
CashFlow / Quarterly
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15
Cash flows from operating activities:
Net income

322,115

203,673

176,007

145,971

142,407

138,554

141,988

135,042

133,086

131,087

135,779

173,700

93,780

84,845

81,675

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

71,496

32,282

23,179

33,294

22,244

21,400

20,547

19,514

14,639

14,531

14,007

12,493

13,217

12,258

11,927

Deferred income taxes

-

-

-

-

-

-

-

0

2,777

3,022

2,975

-33,684

0

-1,616

-183,840

Equity income

16,087

10,938

8,811

6,758

6,025

5,111

4,277

3,759

2,700

1,850

1,589

1,220

753

394

0

AFUDC equity

1,448

1,072

1,065

982

831

1,598

1,699

2,669

8,003

5,793

2,937

2,728

1,716

1,169

714

Non-cash long-term compensation expense

967

0

586

0

0

0

451

0

0

48

325

334

327

322

566

Changes in other assets and liabilities:
Accounts receivable

-1,475

-1,395

677

7,036

507

-369

968

5,424

-913

-2,174

535

3,953

-755

-2,519

-32

Accounts payable

20,155

10,696

-2,679

2,974

-577

2,005

420

-20,958

6,036

5,600

-72

6,934

-3,062

9,423

-4,784

Due to/from EQT affiliates

91

5,084

6,545

4,046

-5,074

-1,831

-366

-25,450

32,898

-1,878

28,563

-12,209

20,167

-11,735

-213,092

Other assets and other liabilities

-13,969

-6,591

-1,760

-4,845

1,874

-1,436

-3,941

-10,119

10,927

-8,778

3,746

-5,423

2,662

-6,520

3,295

Net cash provided by operating activities

422,938

258,316

181,755

168,262

159,911

158,886

160,769

157,315

102,923

159,475

115,644

169,508

79,719

124,443

114,659

Capital expenditures

313,489

218,862

84,014

76,993

75,178

86,466

62,947

107,214

168,836

184,144

124,625

153,489

95,677

117,475

91,415

Acquisitions - net assets from EQT

-

-

-

-

-

-

-

-

-

-

-

0

0

0

386,791

Capital contributions to the MVP Joint Venture

263,244

65,786

117,019

-

43,508

40,180

19,760

-

35,634

29,233

11,430

-

30,152

0

54,229

Sales of interests in the MVP Joint Venture

-

-

-

-

-

-

-

0

0

0

12,533

1,379

0

8,344

0

Principal payments received on the Preferred Interest

1,109

1,093

1,079

-

1,049

1,034

1,020

-

0

0

0

-

-

-

-

Net cash used in investing activities

-575,624

-1,476,715

-199,954

-132,032

-117,637

-125,612

-81,687

-190,664

-204,470

-213,377

-123,522

-152,110

-125,829

-233,448

-532,435

Cash flows from financing activities:
Proceeds from credit facility borrowings of EQM and RMP

523,500

1,746,500

254,000

-

184,000

100,000

50,000

-

170,000

189,000

71,000

-

127,500

44,000

390,000

Payments on credit facility borrowings of EQM and RMP

787,500

2,063,500

117,000

-

119,000

60,000

50,000

-

79,000

198,000

361,000

-

89,500

31,000

91,000

Proceeds from the issuance of EQM common units, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

423,190

62,230

-99

696,681

Acquisitions - purchase price in excess of net assets from EQT

-

-

-

-

-

-

-

-

-

-

-

0

0

0

486,392

Net contributions from EQT

-

-

-

-

-

-

-

-

-

-

-9,182

-

12,171

83,893

23,866

Net proceeds from / (payments on) the EQGP Working Capital Facility

173

-94

-47

-

-26

-112

83

-

-107

-14

139

-

655

0

0

Distributions paid to noncontrolling interest unitholders of EQM

-

-

60,239

-

-

-

49,955

47,898

45,840

41,587

39,553

33,790

31,293

29,827

22,845

Capital lease principal payments

-

-

-

-

-

-

-

-

-

-

-

-

0

995

4,477

Distributions paid to EQGP unitholders

92,552

68,671

64,944

60,686

55,895

50,838

47,111

-

-

-

32,472

27,681

12,614

0

0

Capital contributions

0

2,799

12,873

2,836

0

0

216

0

0

5,884

0

-

-

-

-

Net cash provided by (used in) financing activities

-536,246

1,852,049

24,643

-40,306

-48,128

-63,255

-96,767

93,539

17,454

137,883

-352,704

332,870

46,342

-101,601

458,101

Net change in cash and cash equivalents

-688,932

633,650

6,444

-4,076

-5,854

-29,981

-17,685

60,190

-84,093

83,981

-360,582

350,268

232

-210,606

40,325

Cash paid during the period for:
Interest, net of amount capitalized

12,692

18,368

11,595

10,868

10,095

11,586

9,412

-1,538

6,935

-1,234

9,739

-20,275

16,014

6,555

17,316

Non-cash activity during the period for:
(Decrease) increase in capital contribution receivable from EQT

493

-2,177

-10,074

11,653

0

0

758

-

-

-

-

-

-

-

-

Increase in capital lease asset/obligation

-

-

-

-

-

-

-

-

-

-

-

-

11,565

5,148

3,087

MVP Joint Venture investment/payable for capital contributions

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Limited partner and general partner units issued for acquisitions

-

-

-

-

-

-

-

-

-

-

-

0

0

0

52,500

Net settlement of current income taxes payable with EQT

-

-

-

-

-

-

-

-

-

-

-

-8,652

0

660

379,656