Kosmos energy ltd. (KOS)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'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'11
Operating activities
Net Income (Loss) Attributable to Parent

-185,638

-55,777

165,561

23,439

-96,671

-93,991

-401,635

-338,983

-244,177

-222,792

-157,413

-153,771

-253,628

-283,780

-203,080

-83,052

-49,920

-69,836

34,935

-6,207

125,492

279,370

154,765

91,154

-36,169

-91,044

-63,604

-55,366

-9,393

-67,028

-64,311

23,715

39,467

22,357

0

0

0

Adjustments to reconcile net loss to net cash used in operating activities:
Depletion, depreciation and amortization (including deferred financing costs)

548,221

573,118

546,698

480,147

402,979

339,214

292,520

286,175

284,595

265,407

265,487

209,834

154,320

150,608

121,667

139,827

160,490

166,290

166,114

167,117

199,081

208,628

210,572

232,173

221,415

233,598

243,514

248,349

222,195

194,691

188,727

167,526

157,396

156,662

0

0

0

Deferred income taxes

21,640

-90,370

23,400

34,291

-5,991

9,145

-107,410

-113,388

-37,325

9,505

26,080

37,385

523

-23,561

16,736

67,842

103,052

110,786

190,266

183,607

191,925

216,409

122,995

85,551

91,732

82,380

90,926

99,235

93,238

80,036

71,148

92,195

77,827

56,457

0

0

0

Unsuccessful well costs and leasehold impairments

101,535

87,813

15,612

85,644

128,662

123,199

133,634

84,250

43,156

43,201

27,985

7,384

3,945

6,079

10,140

10,607

13,505

94,910

85,393

84,893

84,977

1,105

11,744

24,712

97,567

107,565

111,784

98,660

33,712

32,229

22,766

27,174

102,968

91,254

0

0

0

Impairment of long-lived assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of derivatives

142,693

-67,436

228,014

142,064

-4,881

29,960

-329,803

-308,556

-148,965

-71,822

16,544

67,560

-10,759

-46,559

46,072

167,387

178,354

210,957

385,496

281,994

305,468

271,298

-4,833

-48,696

-21,749

-23,093

-9,370

-15,149

-16,954

-18,465

0

0

0

-

-

-

-

Cash settlements on derivatives, net (including $12.0 million and $(7.3) million on commodity hedges during 2020 and 2019)

-18,866

-31,458

-59,938

-102,765

-121,121

-137,942

-102,092

-49,750

-5,662

25,888

69,648

108,497

143,147

188,895

216,198

231,281

227,710

224,741

147,864

96,225

56,837

4,460

24,414

19,777

30,116

33,411

28,497

36,657

31,022

28,594

0

0

0

-

-

-

-

Derivative related activity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Equity-based compensation

33,275

32,370

36,637

36,077

35,654

35,230

35,943

36,669

38,100

39,913

39,638

39,251

39,279

40,084

43,048

47,692

60,509

75,057

82,000

87,170

86,824

79,541

78,175

72,924

67,988

69,026

76,000

81,572

81,071

83,423

79,917

80,697

71,820

50,966

0

0

0

Gain (Loss) on Disposition of Oil and Gas and Timber Property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,651

24,651

24,651

22,751

23,769

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-4,324

-4,324

-4,056

-4,056

0

0

0

0

-

-

-

-

-

-

-

-

-2,898

0

0

0

-

-

-

-

-

-

-

-

-59,643

0

0

0

Distributions in excess of equity in earnings / (Undistributed equity in earnings)

-

-

-

-

-

45

10,213

5,408

-1,018

-6,252

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-8,062

-9,069

-11,228

-9,833

-8,324

-2,865

-3,777

-3,887

-4,853

-5,952

-3,409

-800

993

-13,355

-14,502

-16,967

-21,673

-7,875

-7,224

-6,234

-1,516

3,875

3,920

2,043

700

-4,916

-4,619

-5,734

-6,189

-7,890

-8,753

-6,913

-6,138

-2,953

0

0

0

Changes in assets and liabilities:
Increase in receivables

9,448

29,735

-129,522

-141,891

-60,798

-175,954

-85,451

-67,683

-142,155

-29,365

47,159

37,584

105,305

20,558

-14,494

17,631

-6,177

-2,209

33,936

11,946

56,700

156,192

-63,694

112,046

-50,493

-111,677

-31,078

-109,113

7,996

-176,905

-6,522

-21,880

-55,279

122,859

0

0

0

(Increase) decrease in inventories

58,305

28,970

47,073

10,973

-18,909

-8,848

-5,573

-8,491

-3,848

-1,653

-8,017

9,063

16,388

4,107

20,862

16,183

9,175

29,855

18,962

30,373

31,415

8,100

24,541

-2,683

15,528

16,763

1,992

5,237

-1,955

7,385

5,762

10,446

8,947

-4,176

0

0

0

Decrease in prepaid expenses and other

-28,333

-34,586

-14,513

-5,761

3,695

18,731

22,115

9,363

34,501

31,710

16,934

18,887

-4,235

-17,557

-23,134

-13,243

-18,585

-512

12,650

-32,682

-7,817

-1,732

8,490

37,297

26,726

16,540

1,795

-848

-3,358

-3,443

-5,932

-6,766

102

635

0

0

0

Increase (decrease) in accounts payable

54,419

-83,921

-39,291

-55,275

-48,337

7,440

10,713

23,730

-95,083

-94,434

-73,670

-126,608

-19,891

-75,487

-85,789

65,611

111,074

111,289

169,498

60,991

22,551

90,228

-8,980

24,773

54,778

-34,683

-29,413

-124,765

-134,286

-126,401

-71,540

70,406

72,355

89,214

0

0

0

Decrease in accrued liabilities

82,913

129,723

-17,849

-35,675

-111,555

-157,393

-28,625

-62,509

-14,483

86,595

72,338

62,537

46,075

-3,567

-1,439

24,431

-18,215

-17,756

-83,255

-125,955

-42,776

22,449

57,727

140,963

93,509

82,590

55,437

45,738

12,179

-1,486

20,985

4,043

2,140

-7,308

0

0

0

Net cash used in operating activities

628,534

628,150

570,520

482,448

260,160

260,491

232,452

254,564

249,983

236,617

212,112

58,641

6,078

52,077

102,677

333,248

465,376

440,779

343,831

240,978

321,020

443,586

613,289

531,595

569,121

522,404

502,769

487,715

293,496

371,530

247,873

471,095

519,849

364,909

0

0

0

Investing activities
Payments to Acquire Oil and Gas Equipment

345,556

340,217

305,143

274,424

257,471

213,806

189,088

190,340

143,397

140,495

130,431

161,076

341,214

535,975

770,556

857,152

865,314

823,642

693,659

622,266

512,948

424,535

363,179

337,295

330,408

317,413

340,761

347,496

384,411

368,990

469,526

460,255

431,368

478,943

0

0

0

Other property

12,262

11,796

12,666

10,350

7,249

7,935

4,779

4,219

4,344

2,858

2,634

2,851

2,222

1,998

1,693

1,548

1,250

1,483

1,773

2,005

2,235

2,383

2,661

2,606

4,584

4,970

4,676

6,360

7,698

9,994

11,405

10,368

6,986

4,303

0

0

0

Return of investment from KTIPI

-

-

-

-

-

184,664

142,628

79,970

41,070

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds on sale of assets

0

-

-

-

0

-

-

-

-

222,068

0

0

0

-

-

-

-

-

-

-

-

58,315

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Notes receivable from partners

50,901

26,918

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13,653

0

0

0

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

6,735

5,542

5,046

1,750

-6,625

22,506

22,864

23,678

24,187

-960

27,475

-84,453

0

0

0

Net cash used in investing activities

-392,006

-363,931

-295,338

-1,134,124

-1,069,187

-985,138

-1,230,580

-345,869

-319,802

-152,565

89,003

58,155

-139,307

-537,763

-762,445

-848,841

-837,813

-796,433

-678,563

-603,415

-489,098

-368,603

-314,260

-287,128

-305,457

-324,133

-338,812

-376,362

-414,973

-402,662

-495,913

-459,791

-453,902

-385,140

0

0

0

Borrowings under long-term debt

50,000

175,000

350,000

1,350,000

1,350,000

1,175,000

0

0

0

-

-

-

-

450,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,503,000

0

0

0

Payments on long-term debt

325,000

425,000

475,000

525,000

425,000

325,000

175,000

150,000

100,000

250,000

0

0

0

-

-

-

-

-

-

-

-

400,000

0

0

0

-

-

-

-

-

-

-

-

1,438,000

0

0

0

Purchase of treasury stock / tax withholdings

4,950

1,983

190,339

190,339

196,157

206,051

17,773

17,944

12,953

2,194

2,167

2,128

2,022

1,981

2,059

1,953

19,036

18,110

18,010

18,111

11,173

11,096

11,099

11,000

13,090

13,101

0

0

0

-

-

-

-

-

-

-

-

Dividends

73,608

72,599

54,447

36,289

18,147

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing costs

1,284

2,444

4,370

14,910

14,863

38,672

36,812

25,810

25,036

67

0

0

0

-

-

-

-

-

-

-

-

22,088

21,571

20,710

19,835

2,226

10,271

9,389

8,062

8,418

374

1,254

1,737

52,466

0

0

0

Net cash provided by financing activities

-248,305

-220,489

-267,619

689,999

695,833

605,277

970,415

6,246

62,011

-52,261

-252,167

-77,128

147,978

448,019

447,942

422,808

228,708

79,634

79,217

-27,507

-20,409

-139,184

-138,670

-131,710

-232,925

-115,327

-123,340

-232,430

-126,522

-126,796

-8,752

-199,632

388,637

592,908

0

0

0

Net decrease in cash, cash equivalents and restricted cash

-11,777

43,730

7,563

38,323

-113,194

-119,370

-27,713

-85,059

-7,808

31,791

48,948

39,668

14,749

-37,667

-211,826

-92,785

-143,729

-276,020

-255,515

-389,944

-188,487

-64,201

160,359

112,757

30,739

82,944

40,617

-121,077

-247,999

-157,928

-256,792

-188,328

454,584

572,677

0

0

0

Supplemental cash flow information
Cash paid for:
Interest, net of capitalized interest

114,086

99,928

75,541

101,293

91,087

83,831

93,668

78,282

68,102

55,381

51,014

44,604

33,808

27,860

19,514

13,180

15,747

33,315

42,331

36,215

48,081

23,182

29,459

34,417

37,008

36,313

38,033

37,093

37,642

41,234

50,238

44,356

48,495

56,845

0

0

0

Income taxes

60,345

43,909

48,151

38,007

35,179

45,984

47,217

44,212

70,058

48,815

34,199

34,218

11,263

13,997

14,110

25,716

28,591

35,857

35,744

80,820

97,637

108,068

119,789

84,082

84,568

68,437

55,116

34,122

21,307

22,020

31,320

31,445

20,188

15,550

0

0

0

Non-cash activity:
Conversion of joint interest billings receivable to long-term note receivable

-

-

-

-

-

-

-

-

-

-

-

-

10,439

9,814

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contribution to equity method investment

-

-

-

-

-

-

-

-

-

133,893

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-