HOLLY ENERGY PARTNERS LP HEP Income Statement

Holly energy partners lp (HEP)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Revenues:
Affiliates
411,750	397,808	377,136	300,072	292,221	275,196	252,368	245,582	168,261	146,367	101,395
Revenues
532,777	506,220	454,362	402,043	-	-	-	-	-	-	-
Total revenues
-	-	-	-	358,875	332,545	305,182	292,560	214,268	182,137	146,561
Operating costs and expenses:
Operations (exclusive of depreciation and amortization)
161,996	146,430	137,605	123,986	105,556	106,185	99,444	89,242	64,521	54,946	44,003
Depreciation and amortization
96,705	98,492	79,278	70,428	63,306	62,529	65,423	57,461	36,958	31,363	26,714
General and administrative
10,251	11,040	14,323	12,532	12,556	10,824	11,749	7,594	6,576	7,719	7,586
Operating Expenses
268,952	255,962	231,206	206,946	181,418	179,538	176,616	154,297	108,055	94,028	78,303
Operating Income (Loss)
263,825	250,258	223,156	195,097	177,457	153,007	128,566	138,263	106,213	88,109	68,258
Other income (expense):
Equity in earnings of equity method investments
5,180	5,825	12,510	14,213	4,803	2,987	2,826	0	2,552	2,393	1,919
SLC Pipeline acquisition costs
-	-	-	-	-	-	-	-	-	-	2,500
Interest expense
76,823	71,899	58,448	52,552	37,418	36,101	47,010	47,182	35,959	33,994	21,501
Interest income
5,517	2,108	491	440	526	3	161	0	0	-	11
Gain on sales-type lease
35,166	0	0	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
0	0	-12,225	0	0	-7,677	0	-2,979	0	0	-
Remeasurement gain on preexisting equity interests
0	0	36,254	0	0	-	-	-	-	-	-
Gain on sale of assets
-	-	-	-	-	-	-	-	17	17	67
Gain on sale of assets and other
272	121	422	677	486	82	61	10	-	-31,584	-22,004
Gain (Loss) on Disposition of Assets
-	-	-	-	-	-	1,810	0	0	-	-
Nonoperating Income (Expense)
-30,688	-63,845	-20,996	-37,222	-31,603	-40,706	-42,152	-46,787	-33,390	-	-
Income before income taxes
233,137	186,413	202,160	157,875	145,854	112,301	86,414	91,476	72,823	56,525	46,254
State income tax benefit (expense)
41	26	249	285	228	235	333	371	234	296	20
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
233,096	186,387	201,911	157,590	145,626	112,066	86,081	91,105	72,589	56,229	-
Allocation of net loss attributable to Predecessor
-	-	-	10,657	2,702	1,747	-	4,200	6,351	70	-
Allocation of net income attributable to noncontrolling interests
8,212	7,540	6,871	10,006	11,120	8,288	6,632	1,153	-859	-24	-
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	46,234
Income from discontinued operations, net of noncontrolling interest of $1,579
-	-	-	-	-	-	-	-	-	-	5,301
Gain on sale of interest in Rio Grande Pipeline Company
-	-	-	-	-	-	-	-	-	-	14,479
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	19,780
Net Income (Loss) Attributable to Parent
224,884	178,847	195,040	158,241	137,208	105,525	79,449	94,152	79,799	56,323	66,014
General partner interest in net income attributable to the Partnership, including incentive distributions
0	0	-35,047	-57,173	-42,337	-34,667	-27,523	-22,450	-16,806	-12,084	7,947
Limited partners’ interest in net income
224,884	178,847	159,993	101,068	94,871	70,858	51,926	71,702	62,993	44,239	58,067
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	2.12
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	0.28
Gain on sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	0.78
Net Income (Loss) Per Outstanding Limited Partnership Unit Basic and Diluted
2.13	1.70	2.28	1.69	1.60	1.20	0.88	1.29	1.38	1.00	3.18
Weighted Average Number of Shares Outstanding, Basic and Diluted
105,440	105,042	70,291	59,872	58,657	58,657	58,246	55,696	45,672	44,157	18,268
Third parties
Revenues
121,027	108,412	77,226	68,927	66,654	57,349	52,814	46,978	46,007	35,770	45,166