Isramco inc (ISRL)
CashFlow / Quarterly
Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Cash Flows From Operating Activities:
Net income

1,710

3,634

1,546

5,893

4,383

4,654

-35,979

3,180

4,252

2,721

-121

2,994

1,947

69

-13,116

-10,448

951

1,625

-9,315

6,320

3,939

4,185

-12,986

3,999

3,172

-509

-563

-1,124

2,592

1,542

-

-

-

-

-

-

-

-

Adjustments to reconcile net income to net cash provided by operating activities:
Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,306

-

-2,510

966

1,357

Depreciation, depletion and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,018

2,923

2,997

-

3,794

3,542

3,170

Depreciation, depletion, amortization and impairment

1,373

1,330

-

1,447

1,455

1,291

-

1,540

1,436

1,504

-

1,549

1,456

2,062

-

25,424

4,389

2,255

-

3,041

2,745

2,513

-

2,459

2,431

2,503

-

3,192

2,981

2,493

-

-

-

-

-

-

-

-

Bad debt expense

0

10

391

0

0

58

148

120

0

0

293

84

92

82

895

147

-4

56

302

79

4

20

187

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accretion expense

219

215

216

195

228

230

234

231

226

222

229

227

221

220

219

216

213

208

227

225

218

204

238

224

225

215

220

221

217

217

219

216

210

208

210

231

204

204

Gain on divestiture

0

0

471

509

0

472

0

25

2,678

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized gain on marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,650

-

-

-

-

-

-

-

-

Changes in deferred taxes

-

-

-

-

-

-

-37,941

-16

-774

-4

1,486

62

355

1,336

7,160

7,396

709

650

6,445

-969

609

-2,195

4,552

-698

-513

275

451

625

-1,342

-829

-10,271

7,913

701

-2,318

-1,762

-1,292

498

700

Net unrealized (gain) loss on derivative contracts

-620

-371

-681

165

407

1,060

801

-5

-183

133

1,810

477

-385

-1,316

772

-1,702

-672

0

-

-

-

-

-

-

-

-

0

-3,369

3,363

-2,376

-5,772

12,380

-2,775

-449

5,620

3,462

-2,370

-1,985

Loss on sale of equipment and other

-3

2

-

0

-11

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on sale of equipment and other

-

-

-

-

-

-

-

-

-

-

-

-38

0

-17

-

-53

-17

-10

-

104

-13

2

-

-89

12

-6

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt cost

185

197

206

211

220

191

193

196

199

201

233

236

238

233

-228

228

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write off of debt cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

70

63

63

63

63

63

63

63

63

Changes in components of working capital and other assets and liabilities
Capital gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Accounts receivable

-4,587

1,404

-1,220

1,294

5,200

1,546

-1,362

1,311

1,436

1,530

817

17

-478

-2,363

1,430

-823

-272

-4,047

-1,948

467

1,577

2,820

-1,404

1,834

3,161

-505

1,416

1,884

1,531

566

787

-822

184

200

-270

-289

48

1,825

Prepaid expenses, other receivables and other current assets

-164

-1,059

314

46

-587

-596

98

-450

-375

-361

-165

-714

651

-411

-315

-140

-357

-975

289

73

-2,005

987

3,468

-7

-25

-77

325

24

-156

-173

1

-159

115

129

383

-355

138

-225

Due to related party

71

66

186

0

0

-10

-54

12

30

-18

6

-30

51

0

4

59

-6,220

1,371

-10,558

-1,802

1,602

1,655

1,681

1,664

1,609

1,601

-338

1,642

1,577

1,372

-1,355

225

519

1,570

-

-

-657

-59

Inventories

46

-4

61

81

2

-56

-62

-17

-20

-123

-21

-63

11

-101

-174

-160

3

373

-57

309

92

68

169

138

18

-18

-

-

-

-3

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

-731

101

-931

1,110

151

-255

85

691

1,083

-165

62

-315

-236

-1,265

-1,112

1,196

-419

-3,891

166

697

717

-2,059

-1,635

1,106

644

-2,216

1,844

12

-51

601

35

-72

811

-1,454

1,670

602

210

-2,232

Net cash provided by operating activities

8,155

5,581

5,247

6,761

1,426

3,733

5,709

5,089

4,464

3,290

3,218

5,004

3,015

4,273

-164

5,750

-2,308

5,633

-2,601

8,576

8,965

4,836

8,655

8,274

5,440

1,913

2,844

4,779

3,917

5,460

2,314

3,940

4,052

-3,360

2,419

4,184

2,642

2,818

Cash flows from investing activities:
Addition to oil and gas property and equipment, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,102

3,475

5,140

4,188

3,952

3,717

3,377

4,028

837

818

491

1,224

1,522

374

Addition to property and equipment, net

655

990

-

3,266

1,927

2,992

-

1,937

336

230

-

69

238

240

-

470

1,755

2,466

-

7,378

5,530

6,097

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of oil and gas properties and equipment

28

0

470

510

1

454

0

25

2,680

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Restricted cash and deposit, net

-

-

-

-

-

-

-

-

-

-

-

23

99

548

580

1,845

4,780

0

0

0

0

-1,500

0

0

0

1,500

0

0

-229

0

-2,598

0

0

2,000

-

-

-

-

Proceeds from sale of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38

0

0

0

4,737

-

-

-

-

-

-

-

-

Net cash used in investing activities

-627

-990

-174

-2,756

-1,926

-2,538

-1,681

-1,894

2,344

-230

410

-50

178

-788

-870

4,146

-5,490

-2,466

-2,016

-7,253

-5,490

-4,597

-6,587

-7,305

-3,102

-4,937

-5,140

-4,188

-3,723

1,020

3,079

8,219

-837

-2,818

1,701

-1,224

-1,540

-374

Cash flows from financing activities:
Repayments on loans  related parties, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,039

4,544

-8,746

9,700

-

-

-

-

Proceeds from long term debt-related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

10,142

3,358

0

0

0

11,000

-

-

-

-

Repayments of long term debt

5,400

5,700

5,700

5,400

5,400

2,400

2,400

2,400

2,400

2,400

2,400

2,400

2,400

1,800

1,800

116,230

-115,030

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings short-term debt – related parties

0

600

800

2,800

0

0

-

-

-

-

-

-

-

-

0

0

-93,395

-855

0

-108

0

0

-1,500

0

0

1,500

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

10,000

10,000

-

-

-

-

3,000

1,500

1,425

1,950

Repayment of short-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

335

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payment of deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-35

388

125

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bank overdraft, net

-

-

-

-

-

-

-

-

-17

17

-1

-299

232

-282

0

239

-104

193

-17

39

0

-791

-110

-161

-1,294

1,583

-

-

-

-

-1,020

1,341

84

83

-714

-133

270

576

Distributions to non-controlling interests

0

10

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of short - term debt, net

-241

-242

-

-102

-171

-172

-

-74

-223

-223

-

-202

-204

-529

-

-320

-479

-480

-

-208

-591

-301

-

-

-

-

-

0

0

-823

-

-

-

-

-

-

-

-

Net cash used in financing activities

-5,641

-5,352

-5,422

-2,800

-5,473

-2,572

-2,799

-2,474

-2,640

-2,606

-2,807

-2,901

-2,372

-2,611

-2,331

-1,246

20,664

-1,267

-582

-277

-591

-1,092

-445

-161

-1,294

3,083

773

74

142

-7,465

-8,059

-9,078

-2,370

1,383

-3,714

-1,633

-1,155

-1,374

Net increase (decrease) in cash, cash equivalents, and restricted cash

1,887

-761

-349

1,205

-5,973

-1,377

1,229

721

4,168

454

821

2,053

821

874

-3,365

8,650

12,866

1,900

-5,199

1,046

2,884

-853

1,623

808

1,044

59

-1,523

665

336

-985

-2,666

3,081

845

-4,795

406

1,327

-53

1,070