CEDAR FAIR, L.P. FUN Balance Sheet

Cedar fair, l.p. (FUN)

Balance Sheet / Yearly

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	Dec'10	Sep'10	Jun'10	Dec'09
Limited Partners' Capital Account, Units Outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	-	-	-	55	-	-	-	55	-	-	-	-	-	-	-
ASSETS
Current Assets:
Cash and cash equivalents
26	182	258	324	60	105	190	60	42	166	249	101	34	122	187	68	64	119	196	35	19	131	189	40	8	118	183	43	10	78	96	35	7	35	96	35	7	9	61	23	11
Receivables
25	63	68	89	44	51	58	85	30	37	52	83	28	35	51	78	33	29	44	70	24	27	41	66	19	21	42	67	13	18	29	42	6	7	38	27	10	12	34	26	6
Inventories
7	32	37	46	42	30	36	47	40	29	34	44	37	26	31	42	38	25	30	46	37	25	30	45	38	26	29	45	39	27	33	51	44	33	36	52	42	32	34	48	27
Prepaid advertising
17	4	-	20	24	-	-	22	25	-	-	18	20	-	-	20	18	-	-	18	18	-	-	19	20	-	-	16	16	-	-	16	11	-	-	-	-	-	-	-	-
Current deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	9	22	26	9	8	28	36	8	10	10	15	10	5	12	14	5	6	58	6
Prepaid Insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	3	5	0	2	3
Income tax refundable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	10	10	9	-	0	0	0	-	-	-	-
Other current assets
16	11	20	17	13	12	21	18	14	13	18	14	10	11	13	15	8	9	14	11	8	9	13	11	9	11	8	17	11	8	7	9	10	11	9	8	8	5	5	11	5
Total current assets
92	294	384	499	185	200	307	233	153	246	355	262	131	195	283	224	164	184	285	181	108	203	284	206	123	186	273	218	126	141	187	176	104	98	186	142	86	70	144	171	61
Property and Equipment:
Land
435	441	439	422	269	268	272	266	269	271	272	266	266	265	267	272	270	267	270	271	270	276	279	283	279	283	298	296	301	303	309	312	314	312	311	310	311	309	307	306	305
Land improvements
457	460	451	443	437	434	435	433	423	421	416	418	403	402	394	392	382	381	380	385	370	366	372	371	349	350	351	350	338	339	347	349	334	333	332	335	325	324	335	337	326
Buildings
811	816	801	768	735	732	729	728	694	693	707	699	664	663	675	674	650	647	651	654	595	599	607	600	581	584	584	584	587	584	581	580	580	579	578	577	576	575	593	590	589
Rides and equipment
1,893	1,907	1,900	1,874	1,837	1,813	1,817	1,804	1,751	1,740	1,740	1,723	1,649	1,643	1,653	1,655	1,575	1,561	1,577	1,593	1,540	1,535	1,562	1,567	1,485	1,494	1,506	1,506	1,446	1,450	1,490	1,492	1,423	1,423	1,437	1,443	1,400	1,398	1,426	1,422	1,351
Construction in progress
114	70	69	59	102	77	61	36	94	72	57	39	97	58	34	26	87	50	25	16	85	70	39	34	85	44	18	9	63	28	10	5	62	33	17	10	38	16	4	5	34
Total property and equipment, gross
3,712	3,696	3,661	3,567	3,381	3,326	3,315	3,269	3,232	3,200	3,195	3,148	3,083	3,034	3,024	3,021	2,966	2,908	2,905	2,922	2,861	2,849	2,859	2,856	2,782	2,757	2,760	2,748	2,738	2,706	2,739	2,741	2,714	2,682	2,677	2,677	2,651	2,625	2,667	2,663	2,607
Less accumulated depreciation
1,836	1,855	1,829	1,767	1,734	1,727	1,727	1,650	1,611	1,614	1,614	1,539	1,494	1,494	1,498	1,444	1,396	1,393	1,390	1,347	1,303	1,322	1,341	1,299	1,248	1,251	1,245	1,197	1,167	1,162	1,183	1,119	1,073	1,071	1,062	1,010	951	948	933	874	826
Property, Plant and Equipment, Net
1,876	1,841	1,832	1,799	1,646	1,599	1,588	1,618	1,621	1,585	1,580	1,608	1,588	1,539	1,526	1,576	1,570	1,514	1,515	1,574	1,558	1,526	1,518	1,557	1,533	1,505	1,514	1,550	1,570	1,544	1,555	1,621	1,640	1,610	1,615	1,666	1,699	1,676	1,733	1,788	1,781
Goodwill
274	359	358	181	179	178	182	180	182	183	185	180	179	179	215	217	214	210	214	221	219	228	232	237	233	238	241	239	243	246	247	243	245	243	242	247	248	246	242	241	240
Intangible Assets, Net (Excluding Goodwill)
51	59	59	36	36	36	37	36	37	38	38	37	37	37	36	36	36	35	36	37	36	38	38	39	38	39	40	39	40	40	40	40	40	40	40	40	40	40	41	40	42
Operating Lease, Right-of-Use Asset
13	14	11	4	72	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Assets, Noncurrent
80	11	11	11	10	9	13	9	9	9	17	20	20	20	21	17	17	17	17	18	18	41	42	44	43	44	31	32	34	47	50	52	54	54	56	58	64	48	41	18	20
Total Assets
2,389	2,581	2,658	2,532	2,132	2,024	2,128	2,079	2,004	2,064	2,176	2,109	1,958	1,973	2,083	2,072	2,003	1,963	2,068	2,033	1,942	2,038	2,117	2,085	1,973	2,014	2,101	2,080	2,015	2,019	2,081	2,133	2,085	2,047	2,141	2,156	2,140	2,082	2,203	2,260	2,145
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt
7	7	7	7	7	5	3	1	0	0	0	7	4	2	1	0	4	2	0	0	0	0	4	3	1	-	6	6	6	-	0	0	15	15	0	11	11	0	11	15	15
Accounts payable
39	29	32	49	47	23	32	49	39	24	33	45	44	20	32	40	34	17	21	39	38	23	21	37	45	13	21	34	37	10	22	38	28	12	28	43	25	10	24	41	10
Deferred revenue
30	151	130	217	151	107	102	211	124	86	83	193	116	82	65	173	105	69	51	147	92	61	48	133	70	44	37	132	66	39	34	108	50	29	32	95	45	26	27	82	23
Accrued interest
28	21	30	8	20	7	21	9	21	8	23	9	11	9	10	11	11	9	11	12	12	9	12	12	10	23	10	23	8	15	7	16	10	15	13	23	15	20	16	10	4
Accrued taxes
6	39	48	16	9	29	48	12	10	43	78	30	8	58	69	30	10	41	49	12	10	21	38	7	6	19	39	10	9	17	52	10	8	16	33	6	5	15	29	10	17
Accrued salaries, wages and benefits
16	29	39	21	13	18	30	26	14	18	30	24	14	30	42	33	22	26	42	32	26	34	42	35	24	29	39	29	20	24	36	37	33	33	41	28	26	18	29	18	19
Self-insurance reserves
25	24	23	21	23	24	25	25	24	25	27	26	25	27	26	25	24	23	24	24	22	23	23	23	22	23	24	24	23	23	23	23	21	21	21	21	20	21	21	22	21
Distribution payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current derivative liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	6	9	11	0	0	0	0	-	-	-	-	-	-	-	50	59	77	90	47	0	0	0
Other accrued liabilities
23	21	17	18	19	18	22	24	18	18	20	16	11	9	12	14	7	6	15	15	11	12	8	9	4	5	7	8	7	5	10	8	6	7	12	12	9	8	11	10	18
Total current liabilities
177	324	329	359	294	234	288	360	253	225	298	354	236	242	262	329	265	198	221	291	223	198	199	262	185	158	186	270	178	138	186	243	175	203	242	321	250	168	172	210	131
Deferred Tax Liability
59	82	82	88	82	81	74	93	87	74	112	116	122	104	137	138	138	129	144	133	112	152	157	157	157	158	157	154	154	153	140	134	130	130	123	128	132	131	153	140	138
Derivative Liability
34	18	27	23	13	6	0	0	2	8	14	18	15	17	30	30	27	22	24	18	19	14	25	30	27	26	31	26	31	32	34	35	32	32	33	16	0	54	110	115	129
Lease Liability
10	10	7	2	65	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract with Customer, Liability, Noncurrent
164	9	-	-	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Liabilities
0	0	18	10	0	11	16	10	11	11	15	12	12	13	12	12	12	17	15	16	15	17	16	7	7	11	9	8	7	8	7	7	2	4	2	3	4	10	6	6	7
Long-Term Debt:
Revolving credit loans
70	0	-	0	120	-	-	25	40	-	-	0	85	-	-	55	65	-	-	42	57	-	-	39	55	0	-	58	96	0	-	111	155	0	-	85	127	23	0	197	86
Term debt
714	714	717	716	718	719	720	722	723	723	723	731	593	594	595	595	597	598	600	599	599	608	614	615	617	618	622	622	623	1,131	1,131	1,140	1,140	1,140	1,156	1,165	1,168	1,157	1,163	1,480	1,524
Notes
1,432	1,431	1,431	1,431	938	938	937	937	937	936	936	936	940	939	939	938	938	938	937	936	936	950	950	950	901	901	901	901	901	401	400	400	400	400	400	399	399	399	399	0	0
Total long-term debt
2,217	2,145	2,148	2,147	1,776	1,657	1,658	1,684	1,700	1,660	1,659	1,667	1,618	1,534	1,534	1,589	1,600	1,536	1,537	1,578	1,592	1,558	1,564	1,604	1,574	1,520	1,523	1,581	1,620	1,532	1,531	1,651	1,695	1,540	1,556	1,650	1,694	1,579	1,562	1,677	1,610
Commitments and Contingencies (Note 10)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Partners’ Equity:
Special L.P. interests
5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5
General partner
-0	-0	-0	-0	-0	-0	0	-0	-0	0	0	-0	-0	0	0	-0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-0	0	0	-0	-0	-0	-0	-0	-0
Limited partners, 56,703, 56,666 and 56,587 units outstanding as of March 29, 2020, December 31, 2019 and March 31, 2019, respectively
-305	-25	21	-119	-133	5	78	-86	-58	81	74	-70	-57	52	100	-29	-43	48	120	-3	-20	101	161	36	29	148	206	49	36	177	207	88	73	160	204	59	76	165	242	166	209
Accumulated other comprehensive income
25	9	16	13	18	21	7	11	2	-3	-4	4	4	2	-0	-4	-3	3	-1	-5	-5	-10	-12	-18	-14	-15	-19	-16	-19	-28	-32	-31	-29	-29	-28	-28	-22	-33	-50	-61	-87
Partners' Capital
-274	-9	42	-100	-109	32	91	-70	-50	82	75	-60	-47	60	105	-28	-41	57	125	-3	-21	96	153	23	20	139	192	39	22	154	181	62	49	136	181	36	58	137	197	110	127
Total Liabilities and Partners' Equity
2,389	2,581	2,658	2,532	2,132	2,024	2,128	2,079	2,004	2,064	2,176	2,109	1,958	1,973	2,083	2,072	2,003	1,963	2,068	2,033	1,942	2,038	2,117	2,085	1,973	2,014	2,101	2,080	2,015	2,019	2,081	2,133	2,085	2,047	2,141	2,156	2,140	2,082	2,203	2,260	2,145