Martin midstream partners l.p. (MMLP)
Balance Sheet / Yearly
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'11Dec'10
Assets
Cash

68

2,856

1,802

2,521

227

300

3,186

610

184

27

15

32

39

15

10

28

46

31

13

24

37

42

3,006

2,704

4,371

16,542

45

17

47

5,162

27

106

8,782

266

296

67

11,380

Accounts and other receivables, less allowance for doubtful accounts of $498 and $532, respectively

59,073

87,254

65,927

64,606

77,420

83,488

72,280

60,884

84,554

107,242

64,127

50,986

61,398

80,508

46,327

50,360

59,218

74,355

63,881

75,175

94,506

134,173

132,839

145,418

133,579

163,855

147,609

123,994

134,013

190,652

121,020

97,471

112,137

143,036

99,196

99,119

95,276

Product exchange receivables

-

-

2

107

181

166

185

174

75

29

34

220

297

207

159

118

1,001

1,050

2,137

294

232

3,046

6,351

4,164

901

2,727

3,635

1,722

6,041

3,416

5,455

8,129

9,213

17,646

25,651

16,641

9,099

Inventories

46,830

62,540

95,971

81,220

70,541

84,265

134,059

113,100

73,894

97,252

130,618

101,696

62,051

82,631

107,476

90,636

57,904

75,870

91,803

76,563

68,564

88,718

120,369

113,346

94,771

94,902

106,783

93,313

71,198

95,987

116,260

83,759

81,487

93,254

80,852

63,560

52,616

Due from affiliates

15,100

17,829

18,501

35,598

27,035

18,845

22,933

21,031

25,866

23,668

13,484

21,293

12,044

11,567

8,194

7,972

11,558

10,126

11,164

10,712

12,269

14,512

14,581

21,915

16,448

12,099

18,531

31,000

38,978

13,343

21,139

17,199

9,923

5,968

12,279

19,122

6,437

Fair value of derivatives

2

0

1,616

0

150

4

-

-

82

0

133

133

97

-

89

0

465

675

-

-

-

0

879

-

-

-

-

-

-

-

0

41

675

622

934

2,258

2,142

Other current assets

6,396

5,833

8,637

9,638

7,135

5,889

4,921

5,368

6,004

4,866

3,703

4,756

3,930

3,296

4,439

5,129

4,689

5,718

6,344

7,646

6,709

6,772

10,256

11,173

7,734

7,353

9,141

6,313

3,823

2,777

1,511

2,074

2,001

4,366

908

1,209

2,784

Assets Held-for-sale, Not Part of Disposal Group, Current

0

5,052

5,052

5,132

-

5,652

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current assets - Natural Gas Storage Assets (Note 5)

-

-

0

0

5,502

9,428

6,152

8,158

9,442

9,579

13,764

13,764

14,264

15,779

73,197

-

-

0

0

0

700

40,488

700

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

750

750

1,251

3,578

0

211,588

-

212,787

-

-

-

Total current assets

127,469

181,364

197,508

198,822

188,191

208,037

243,716

209,325

200,101

242,663

225,878

192,880

154,120

194,003

239,891

154,243

134,881

167,825

175,342

170,414

183,017

287,751

288,981

298,720

257,804

297,478

286,494

257,109

255,351

314,915

265,412

420,367

224,218

477,945

220,116

201,976

179,734

Property, plant and equipment, at cost

893,619

884,728

881,793

880,603

1,311,020

886,435

1,279,365

1,273,392

1,265,516

1,253,065

1,248,093

1,248,328

1,251,496

1,224,277

1,301,233

1,391,544

1,397,582

1,387,814

1,382,972

1,374,805

1,361,491

1,343,674

1,359,620

970,170

946,784

929,183

900,175

849,238

830,385

767,344

695,662

678,263

740,978

651,460

689,905

677,785

632,456

Accumulated depreciation

479,301

467,531

459,822

451,359

498,138

438,602

465,079

450,564

432,275

421,137

408,426

399,684

400,139

378,593

411,821

422,465

417,106

404,574

393,035

377,652

361,650

345,397

334,150

329,772

314,352

304,808

291,638

278,706

267,657

256,963

243,780

234,168

244,023

218,202

225,058

219,291

200,276

Property, plant and equipment, net

414,318

417,197

421,971

429,244

812,882

447,833

814,286

822,828

833,241

831,928

839,667

848,644

851,357

845,684

889,412

969,079

980,476

983,240

989,937

997,153

999,841

998,277

1,025,470

640,398

632,432

624,375

608,537

570,532

562,728

510,381

451,882

444,095

496,955

433,258

464,847

458,494

432,180

Goodwill

17,705

17,705

17,785

17,785

17,785

17,785

17,296

17,296

17,296

17,296

17,296

17,296

17,296

17,296

17,296

19,657

23,802

23,802

23,802

23,802

23,802

23,802

23,802

23,802

23,802

23,802

19,616

19,616

19,616

19,616

8,337

8,337

37,268

8,337

37,268

37,268

37,268

Right-of-use assets

25,771

23,901

25,691

25,682

28,109

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

23,136

23,422

23,681

23,925

24,412

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in WTLPG (Note 11)

-

-

-

-

-

-

0

141,114

130,644

128,810

127,998

128,909

129,211

129,506

129,794

130,474

131,469

132,292

132,458

133,495

134,146

134,506

135,219

266,445

129,336

128,662

181,586

183,229

177,775

154,309

80,799

76,411

177,428

132,605

163,414

160,898

98,217

Debt issuance costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,833

14,191

15,190

15,659

16,469

17,180

17,736

10,244

10,924

11,603

12,640

13,330

13,850

14,531

13,497

Notes receivable - Martin Energy Trading LLC

-

-

-

-

-

-

-

-

-

-

0

0

15,000

15,000

15,000

15,000

15,000

15,000

15,000

15,000

15,000

15,000

15,000

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Intangibles and other assets, net (Note 15)

-

-

-

-

-

4,584

-

-

-

32,801

-

-

-

44,874

-

-

-

58,314

-

-

-

81,465

-

-

-

7,943

-

-

-

-

-

-

-

-

-

-

-

Fair value of derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

547

-

-

-

-

-

-

-

-

41

-

144

39

-

Other assets, net

3,800

3,567

4,495

5,050

23,689

-

25,751

28,202

29,779

-

37,211

38,791

42,176

-

48,951

53,279

57,332

-

64,896

71,646

76,351

-

86,431

6,653

9,048

-

7,500

8,432

3,159

3,531

6,442

6,043

19,115

3,633

24,239

25,073

24,582

Non current assets - Natural Gas Storage Assets (Note 5)

-

-

0

0

-

395,389

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

612,199

667,156

691,131

700,508

1,095,068

1,073,628

1,101,049

1,218,765

1,211,061

1,253,498

1,248,050

1,226,520

1,209,160

1,246,363

1,340,344

1,341,732

1,342,960

1,380,473

1,401,435

1,411,510

1,432,157

1,540,801

1,588,736

1,250,756

1,067,612

1,097,919

1,120,202

1,056,098

1,036,365

1,012,996

823,796

966,856

967,665

1,069,108

923,878

898,279

785,478

Liabilities and Partners’ Capital (Deficit)
Current portion of finance lease obligations (Note 10)

-

-

5,975

6,059

-

5,409

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current installments of long-term debt and finance lease obligations

369,238

6,758

-

-

406,650

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,206

-

-

-

1,261

-

-

-

Current installments of long-term debt and capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,173

3,185

3,192

-

217

206

198

-

1,201

1,173

1,121

Trade and other accounts payable

52,713

64,802

52,377

61,357

76,488

64,041

71,176

72,945

86,751

92,567

72,019

68,029

69,132

70,249

60,462

81,836

65,390

81,180

69,584

81,950

82,954

125,332

120,037

121,578

128,149

142,951

110,617

110,788

115,616

140,045

104,779

109,429

96,107

136,124

94,447

90,685

82,837

Product exchange payables

4,772

4,322

4,846

7,717

14,234

12,103

9,647

13,015

10,200

11,751

9,270

7,606

7,260

7,360

10,188

8,809

9,921

12,732

16,756

12,704

10,521

10,396

18,860

22,078

17,504

9,595

13,123

10,976

20,632

12,187

27,908

15,779

30,583

37,313

49,702

27,609

22,353

Due to affiliates

1,304

1,470

1,471

3,367

4,103

2,133

3,651

1,271

1,084

3,168

3,305

2,700

3,288

8,474

3,879

3,859

3,098

5,738

2,937

4,754

6,492

4,872

11,713

6,555

3,044

2,596

2,791

3,405

5,710

3,316

4,669

12,316

14,167

74,654

14,708

17,227

6,957

Income taxes payable

605

472

510

576

989

445

448

400

659

510

450

402

1,050

870

550

370

1,036

985

788

736

1,474

1,174

1,002

818

1,504

1,204

1,121

1,614

2,045

10,239

7,174

839

1,156

926

789

601

811

Fair value of derivatives

0

667

-

2,069

-

0

2,968

572

0

72

0

0

164

3,904

209

862

-

0

358

-

-

-

542

-

-

-

-

-

-

-

0

0

530

362

0

387

282

Accrued interest payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,071

-

-

-

-

-

-

-

-

-

Other accrued liabilities

20,282

28,789

23,675

29,160

22,150

24,380

18,876

23,093

15,234

26,340

25,710

26,689

18,322

26,717

14,804

20,663

10,310

18,533

12,845

20,344

8,997

21,801

13,041

18,806

15,565

20,242

18,331

6,112

13,674

9,489

11,764

9,317

12,131

11,054

14,261

9,669

10,034

Current liabilities - Natural Gas Storage Assets (Note 5)

-

-

0

0

-

3,240

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

508

-

501

-

-

-

Total current liabilities

448,914

107,280

88,854

110,305

524,614

111,751

106,766

111,296

113,928

134,408

110,754

105,426

99,216

117,574

113,492

116,399

89,755

119,168

103,268

120,488

110,438

163,575

165,195

169,835

165,766

176,588

149,156

147,151

160,869

178,482

156,511

148,394

154,872

262,195

175,108

147,351

124,395

Long-term Debt, Excluding Current Maturities

165,543

569,788

606,293

596,398

-

656,459

-

-

-

812,632

-

-

-

808,107

-

-

-

865,003

-

-

-

888,887

-

-

-

658,695

-

-

-

-

-

-

-

-

-

-

-

Finance lease obligations

526

717

2,906

4,259

-

6,272

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt, net (Note 8)

-

-

-

-

-

-

698,680

831,928

795,139

-

829,991

780,359

750,735

-

913,504

878,891

873,611

-

876,405

840,159

849,367

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

206

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

0

2,603

4,100

Long-term debt and finance lease obligations, net (Notes 8 and 9)

-

-

-

-

377,976

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

910,077

692,168

643,772

-

648,004

565,006

520,001

474,992

255,966

452,970

433,684

458,941

439,213

428,442

372,862

Operating lease liabilities

17,810

16,656

17,606

17,913

19,734

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

7,336

7,487

9,697

7,816

7,782

8,213

Other long-term obligations

8,907

8,911

8,842

8,747

8,953

10,045

10,718

10,842

10,808

8,217

8,425

6,055

5,997

8,676

2,435

2,551

2,514

2,217

2,193

2,274

2,332

2,668

3,174

2,020

1,981

2,219

2,236

2,050

1,560

1,560

1,069

1,061

1,601

1,088

1,743

1,753

1,102

Non current liabilities - Natural Gas Storage Assets

-

-

0

0

-

669

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

641,700

703,352

724,501

737,622

931,277

785,196

816,164

954,066

919,875

955,257

949,170

891,840

855,948

934,357

1,029,431

997,841

965,880

986,594

981,866

962,921

962,137

1,055,130

1,078,446

864,023

811,519

837,502

799,396

714,207

682,430

655,034

413,546

609,761

597,644

731,921

623,880

587,931

510,672

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

Partners’ capital (deficit)

-29,501

-36,196

-33,370

-37,114

163,791

288,432

284,885

264,699

291,186

298,241

298,880

334,680

353,212

312,006

310,913

343,891

377,080

393,879

419,569

448,589

470,020

485,671

510,290

386,733

256,093

260,417

320,806

341,891

353,935

357,962

410,250

357,032

369,459

336,561

298,621

309,728

273,387

Accumulated other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

63

562

626

1,377

620

1,419

Total partners’ capital (deficit)

-29,501

-36,196

-33,370

-37,114

163,791

288,432

284,885

264,699

291,186

298,241

298,880

334,680

353,212

312,006

310,913

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

410,250

357,095

370,021

337,187

299,998

310,348

274,806

Total liabilities and partners' capital (deficit)

612,199

667,156

691,131

700,508

1,095,068

1,073,628

1,101,049

1,218,765

1,211,061

1,253,498

1,248,050

1,226,520

1,209,160

1,246,363

1,340,344

1,341,732

1,342,960

1,380,473

1,401,435

1,411,510

1,432,157

1,540,801

1,588,736

1,250,756

1,067,612

1,097,919

1,120,202

1,056,098

1,036,365

1,012,996

823,796

966,856

967,665

1,069,108

923,878

898,279

785,478