Hoegh lng partners lp (HMLP)
CashFlow / Quarterly
Sep'18Jun'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Jun'14Mar'14
Series A Preferred Stock [Member]
OPERATING ACTIVITIES
Net income (loss)

19,882

19,944

25,383

5,407

12,212

16,188

24,930

13,425

4,062

-1,040

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

5,185

16,598

2,418

-7,714

-1,764

Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization

5,287

5,268

5,264

5,264

5,263

5,263

2,639

2,647

2,636

2,630

2,629

8

8

8

972

8

Equity in losses (earnings) of joint ventures

4,551

5,111

6,100

-7,321

1,551

4,809

18,631

6,565

-1,866

-6,708

8,013

-249

11,481

-2,122

-2,125

-1,671

Changes in accrued interest income on advances to joint ventures

69

63

65

-1,425

-1,398

-1,197

-1,009

-37

138

165

-

221

-

-

-

-

Changes in accrued interest income on advances to joint ventures and demand note

-

-

-

-

-

-

-

-

-

-

-

-

-

-944

282

297

Amortization of deferred debt issuance cost and fair value of debt assumed

175

176

198

207

210

213

467

503

520

523

534

650

549

747

2,117

282

Amortization in revenue for above market contract

916

905

915

915

906

895

605

604

598

598

-

0

-

-

-

-

Changes in accrued interest expense

13

-982

331

-17

93

-189

-22

16

-273

52

-

-49

-

-

-

-

Changes in accrued interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-108

925

81

Net currency exchange losses (gains)

-119

-201

7

6

-787

-134

129

-47

-23

50

1,230

-803

-83

-446

0

0

Unrealized loss (gain) on derivative instruments

516

544

982

571

247

663

661

517

326

335

482

354

-8

121

0

0

Non-cash revenue: tax paid directly by charterer

204

214

-

200

432

-

-

-

-

-

-

-

-

-

-

-

Non-cash revenue: tax paid directly by charterer

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

Non-cash income tax expense: tax paid directly by charterer

204

214

-

200

432

-

-

0

0

-

-

-

-

-

-

-

Deferred tax expense and provision for tax uncertainty

1,333

1,426

-1,446

1,082

924

1,054

2,347

390

470

341

-

0

-

-

-

-

Issuance of units for Board of Directors' fees

40

160

-

0

189

-

-

0

189

-

-

0

-

-

-

-

Other adjustments

-113

-114

-167

-156

-151

-158

-291

-72

-37

-26

-312

42

169

-34

0

0

Changes in working capital:
Restricted cash

-

-

-

-

-

766

1,014

-3,284

453

-1,012

-510

2,515

-6,077

-5,935

0

0

Trade receivables

31

-2,089

-68

918

-182

367

77

-21

22

5

-

0

-

-

-

-

Unbilled construction contract income

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-81,374

29,128

Inventory

-8

-9

19

-17

-17

-14

-16

-21

-16

-17

-

0

-

-

-

-

Prepaid expenses and other receivables

-967

492

-639

452

-690

689

240

-150

-284

275

3

1,773

-1,336

-675

1,851

-6

Trade payables

-92

-218

-8

78

-625

-249

369

187

-395

-482

159

-292

-333

620

405

19

Amounts due to owners and affiliates

1,783

-2,222

112

573

-2,437

1,124

-7,659

-395

-3,393

2,219

-288

531

-5,001

1,272

756

7,446

Value added and withholding tax liability

1,100

961

1,547

1,063

652

1,257

847

-250

1,595

851

125

3,337

99

-669

11,208

-1,245

Accrued liabilities and other payables

-1,071

-974

-7,717

1,524

-558

-188

392

836

197

-682

1,608

5,857

-2,985

-150

-1,423

4,225

Net cash provided by (used in) operating activities

25,406

20,647

-

23,068

18,256

-

-

14,513

-

-

-

-

-

-

-

-

INVESTING ACTIVITIES
Expenditure for purchase of Hoegh Grace entities

0

0

-

0

407

-

-

-

-

-

-

-

-

-

-

-

Cash acquired in the purchase of the Hoegh Grace entities

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Decrease (increase) in restricted cash designated for purchase of the Hoegh Grace entities

0

0

-

0

0

-

-

-

-

-

-

-

-

0

0

-10,700

Expenditure for vessel and other equipment

0

0

-

5

8

-

-

-

-

-

-

-

-

-

-

-

Decrease in restricted cash designated for purchase of the Hoegh Grace entities

-

-

-

-

-

91,768

-

0

0

0

-

-

-

-

-

-

Expenditure for vessel and other equipment

-

-

-

-

-

6

-

0

317

220

-

101

542

215

167,513

2,285

Receipts from repayment of principal on advances to joint ventures

-

-

-

-

-

0

534

1,525

2,316

1,654

1,237

1,516

1,449

1,594

2,119

1,864

Receipts from repayment of principal on direct financing lease

965

943

900

881

861

843

825

806

789

772

755

739

745

680

0

0

Net cash provided by (used in) operating activities

-

-

-

-

-

19,577

-

-

7,493

11,943

-

11,374

4,554

14,173

53,107

-18,696

Expenditure for purchase of Hoegh Grace entities

-

-

-

-

-

91,768

-

0

0

0

-

-

-

-

-

-

Cash acquired in the acquisition of the Hoegh Gallant

-

-

-

-

-

3,774

0

0

0

0

-

-

-

-

-

-

Net cash provided by (used in) investing activities

965

943

-

876

446

-

-

2,331

-

-

-

-

-

-

-

-

FINANCING ACTIVITIES
Net cash provided by (used in) investing activities

-

-

-

-

-

4,611

-

-

2,788

2,206

-

2,154

1,652

2,059

-165,394

10,279

Proceeds from long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

0

161,099

96,000

Proceeds from amounts due to owners and affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

10,193

Proceeds from loans and promissory notes due to owners and affiliates

0

0

10,030

4,000

10,100

1,600

3,200

5,422

0

0

-

0

-

-

-

-

Repayment of long-term debt

11,365

11,364

11,364

11,365

11,364

11,365

8,051

8,052

8,053

8,052

8,051

4,766

4,765

4,766

0

0

Repayment of amounts due to owners and affiliates

6,000

11,500

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Repayment of customer loan for funding of value added liability on import

1,240

1,194

-

0

0

1,258

-

2,513

0

2,869

-

-

-

0

-

25,400

Repayments of loans and promissory notes due to owners and affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1,759

48,500

Contributions from (distributions to) owners

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,194

9,768

Customer loan for funding of value added liability on import

-

-

-

-

-

-

-

-

-

-

-

-5,419

-

-

-

-

Payment of debt issuance cost

-

-

-

-

-

0

-

-

-5

5

-

190

-

0

-1,023

9,259

Net proceeds from issuance of common units

1,617

104

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Cash distributions to limited partners and preferred unitholders

18,212

17,737

-

14,440

14,438

-

-

-

-

-

-

-

-

-

-

-

Cash distributions to unitholders

-

-

-

-

-

13,717

-

10,971

10,967

10,967

-

8,881

-

-

-

-

Cash distributions to non-controlling interest

0

0

-

1,960

3,920

-

-

0

0

-

-

-

-

-

-

-

Proceeds from indemnifications received from Hoegh LNG

0

0

0

1,066

605

404

698

1,888

292

965

-

1,734

-

-

-

-

Repayment of indemnifications received from Hoegh LNG

1,056

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash distributions to unitholders

-

-

-

-

-

-

-

-

-

-

-

-

-

8,880

0

0

Proceeds from indemnifications received from Hoegh LNG

-

-

-

-

-

-

-

-

-

-

-

-

-

3,100

0

0

(Increase) decrease in restricted cash

-

-

-

-

-

0

104

181

157

202

385

-68

0

68

0

0

Net cash provided by (used in) financing activities

-21,887

-30,010

-

-22,699

-19,017

-

-

-14,045

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-

-

-

-

-

-24,336

-

-

-18,566

-20,726

-

-17,590

-13,064

-10,478

204,192

13,266

Increase (decrease) in cash, cash equivalents and restricted cash

4,484

-8,420

2,982

1,245

-315

-148

-1,890

2,799

-8,285

-6,577

7,557

-4,062

-6,858

5,754

91,905

4,849

Effect of exchange rate changes on cash and cash equivalents

-40

-54

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-469

-

0