| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Profit for the period | ||||||
112,833 | 92,469 | 83,750 | ||||
Adjustments for: | ||||||
Depreciation | ||||||
67,726 | 61,770 | 55,693 | ||||
Financial costs | ||||||
53,602 | 49,579 | 35,505 | ||||
Financial income | ||||||
998 | 205 | 35 | ||||
Unrealized loss/(gain) on interest rate swaps held for trading | ||||||
-2,174 | 1,570 | 285 | ||||
Recycled loss of cash flow hedges reclassified to profit or loss | ||||||
0 | 2,527 | 593 | ||||
Share-based compensation | ||||||
850 | 480 | 205 | ||||
Adjusted Profit Loss | ||||||
231,839 | 208,190 | 175,996 | ||||
(Increase)/decrease in trade and other receivables | ||||||
579 | 1,896 | -3,303 | ||||
Decrease/(increase) in inventories | ||||||
243 | -653 | 157 | ||||
Change in related parties, net | ||||||
-5,855 | 5,604 | -6,251 | ||||
Decrease/(increase) in prepayments and other current assets | ||||||
52 | -1,108 | 1,778 | ||||
(Increase)/decrease in other non-current assets | ||||||
928 | 2,093 | -545 | ||||
Increase/(decrease) in other non-current liabilities | ||||||
0 | -139 | 86 | ||||
(Decrease)/increase in trade accounts payable | ||||||
1,192 | -723 | -713 | ||||
(Decrease)/increase in other payables and accruals | ||||||
-2,019 | 6,686 | -84 | ||||
Cash provided by operations | ||||||
226,959 | 221,846 | 167,121 | ||||
Interest paid | ||||||
46,832 | 30,797 | 30,146 | ||||
Net cash provided by operating activities | ||||||
180,127 | 191,049 | 136,975 | ||||
Cash flows from investing activities: | ||||||
Payments for vessels' additions | ||||||
4,765 | 337,647 | 8,025 | ||||
Financial income received | ||||||
991 | 201 | 46 | ||||
Purchase of short-term investments | ||||||
0 | -4,500 | -7,003 | ||||
Maturity of short-term investments | ||||||
6,000 | 0 | 28,704 | ||||
Net cash provided by/(used in) investing activities | ||||||
2,226 | -341,946 | 13,722 | ||||
Cash flows from financing activities: | ||||||
Borrowings drawdowns | ||||||
60,000 | 886,837 | 0 | ||||
Borrowings repayments | ||||||
153,756 | 625,160 | 73,460 | ||||
Payment of loan issuance costs | ||||||
1,594 | 19,223 | 922 | ||||
Payments for interest rate swaps termination | ||||||
0 | -10,647 | 0 | ||||
Cash distribution to GasLog in exchange for contribution of net assets | ||||||
-192,168 | -68,142 | -172,627 | ||||
Proceeds from public offerings and issuances of common units and general partner units (net of underwriting discounts and commissions) | ||||||
144,297 | 53,826 | 176,533 | ||||
Proceeds from issuance of preference units (net of underwriting discounts and commissions) | ||||||
139,222 | 0 | 0 | ||||
Payment of offering costs | ||||||
2,033 | 454 | 1,104 | ||||
Distributions paid | ||||||
90,280 | 65,577 | 51,193 | ||||
Dividend due to GasLog before vessels' drop-down | ||||||
0 | 10,800 | 8,810 | ||||
Decrease in amounts due to shareholders | ||||||
0 | 0 | -4,684 | ||||
Net cash provided by/(used in) financing activities | ||||||
-96,312 | 140,660 | -136,267 | ||||
Increase/(decrease) in cash and cash equivalents | ||||||
86,041 | -10,237 | 14,430 | ||||
Non-Cash Investing and Financing Activities: | ||||||
Payment for vessels through capital contributions before dropdown | ||||||
0 | 37,299 | 39,786 | ||||
Capital expenditures included in liabilities at the end of the period | ||||||
1,863 | 628 | 1,365 | ||||
Payment for vessels through related parties | ||||||
0 | 0 | 2,313 | ||||
Financing costs included in liabilities at the end of the year | ||||||
0 | 0 | 61 | ||||
Financing costs paid through capital contributions | ||||||
0 | 1,379 | 0 | ||||
Financing costs paid through related parties | ||||||
0 | 0 | 4,428 | ||||
Offering costs included in liabilities at the end of the period | ||||||
364 | 5 | 0 | ||||
Offering costs paid through related parties | ||||||
0 | 0 | 26 | ||||