MARTIN MIDSTREAM PARTNERS L.P. MMLP Cash Flow

Martin midstream partners l.p. (MMLP)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent
-174,946	55,655	19,916	31,652	38,380	-11,705	-13,354	-	22,759	27,533	22,203
Net income (loss)
-	-	-	-	-	-	-	101,987	-	-	-
Less: (Income) from discontinued operations, net of income taxes
-179,466	63,486	21,099	4,649	1,215	-5,338	1,208	64,865	9,392	8,061	-
Net income (loss) from continuing operations
4,520	-7,831	-1,183	27,003	37,165	-6,367	-14,562	37,122	13,367	19,472	-
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation, Depletion and Amortization
60,060	61,484	65,108	92,132	92,250	68,830	50,962	42,063	40,276	36,884	39,506
Amortization and write-off of deferred debt issuance costs
4,041	3,445	2,897	3,684	4,859	6,263	3,700	3,290	3,755	4,814	1,689
Amortization of discount on notes payable
-	-	-	-	-	1,305	306	-	351	269	0
Amortization of discount on notes payable
-	-	-	-	-	-	-	581	-	-	-
Amortization of premium on notes payable
306	306	306	306	324	245	0	0	-	-	-
Deferred income tax expense
1,360	208	-156	-	-	-	-	402	622	452	294
Loss on sale of property, plant and equipment, net
13,332	1,041	2,090	33,400	-2,149	-1,353	217	-795	-898	229	4,996
Gain on sale of equity method investment
-	-	-	-	-	-	750	486	0	0	-
Gain (Loss) on Extinguishment of Debt
-	-	-	-	1,242	0	0	-	-	-	-
Impairment of long-lived assets
0	0	2,225	26,953	10,629	3,445	0	0	-	-	-
Impairment of goodwill
-	-	-	4,145	0	0	-	-	-	-	-
Gain on involuntary conversion of property, plant, and equipment
-	-	-	-	-	-	-	-	-	-	1,017
Equity in earnings of WTLPG
-	-	-	-	8,986	5,466	-53,048	-1,113	-4,752	2,536	7,044
Reduction in fair value of investment in Cardinal due to the purchase of the controlling interest
-	-	-	-	-	-30,102	0	0	-	-	-
Derivative (income) loss
-5,137	14,024	-1,304	-4,133	3,107	5,877	0	0	-	-	-
Net cash paid for commodity derivatives
-4,466	13,948	-5,136	-550	143	3	0	-	-	-	-
Net cash received for interest rate derivatives
-	-	-	160	0	0	-	-	-	-	-
Net premiums received on derivatives that settled during the year on interest rate swaption contracts
-	-	-	630	2,495	6,692	0	-	-	-	-
Unit-based compensation
1,424	1,224	650	904	1,429	817	911	385	190	-	-
Preferred dividends from Martin Energy Trading
-	-	-	-	-	1,498	1,738	0	0	-	650
Cash distributions from WTLPG
-	-	-	-	-11,200	-2,600	0	0	-	-	-
Gain on ownership change in unconsolidated entity
-	-	-	-	-	-	-	-	-	6,413	-
Distributions in-kind from equity investments
-	-	-	-	-	-	-	-	-	-	5,826
Non-cash mark-to-market on derivatives
-	-	-	-	-	-	-	-	-	-	-2,526
Other
-	-	-	-	-	-	-6	0	0	-113	-98
Change in current assets and liabilities, excluding effects of acquisitions and dispositions:
Change in current assets and liabilities, excluding effects of acquisitions and dispositions:
Accounts and other receivables
-62	-29,085	29,384	6,153	-59,479	-29,025	-26,270	56,856	34,626	20,009	10,471
Product exchange receivables
-166	137	-178	-843	-1,996	319	-689	-14,230	8,547	4,967	-2,792
Inventories
-21,493	-13,370	14,927	6,761	-12,799	-5,680	-4,559	2,733	28,714	20,815	-7,135
Due from affiliates
-1,822	-5,961	12,096	1,441	-4,386	2,413	-1,244	20,135	-5,551	175	-1,560
Other current assets
254	-1,485	1,743	-2,478	-891	-4,123	5,432	-3,046	1,996	1,455	-2,461
Trade and other accounts payable
-898	-27,321	19,263	-	-	-	-	-	-	-	-
Trade and other accounts payable
-	-	-	3,254	-44,153	-26,349	-9,978	17,595	50,904	14,116	-15,874
Product exchange payables
-7,781	555	4,829	-5,372	2,336	801	-2,592	-25,126	14,961	14,366	-2,938
Due to affiliates
-1,469	99	-5,564	2,736	866	2,276	-1,203	18,976	11,874	-5,714	4,133
Income taxes payable
27	-65	-360	-115	-189	-30	-357	367	-943	-8	569
Other accrued liabilities
-3,017	-6,636	-223	686	-2,802	1,084	10,749	-1,463	1,063	5,185	871
Change in other non-current assets and liabilities
543	-1,206	-2,780	12,230	345	-181	1,449	-872	-3,500	4,307	2,381
Net cash provided by continuing operating activities
68,046	74,709	26,066	103,413	183,924	119,012	117,642	34,038	77,238	29,043	-
Net cash provided by discontinued operating activities
7,769	30,321	43,018	7,435	-1,352	-3,432	-5,459	-1,360	14,124	10,135	-
Net cash provided by operating activities
75,815	105,030	69,084	110,848	182,572	115,580	112,183	32,678	91,362	39,178	47,592
Cash flows from investing activities:
Payments for property, plant and equipment
30,621	35,255	41,932	40,455	65,791	84,307	92,243	93,640	77,202	18,179	35,846
Acquisitions
23,720	0	19,533	2,150	0	102,696	31,321	224,603	16,815	16,747	327
Proceeds from sale of acquired assets
-	-	-	-	-	-	-	56,000	0	0	-
Payments for plant turnaround costs
5,677	1,893	1,583	2,061	1,908	3,974	0	2,107	2,103	1,090	0
Proceeds from involuntary conversion of property, plant and equipment
5,031	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of property, plant and equipment
20,660	11,483	13,676	108,505	2,644	1,030	5,576	44	1,025	994	19,445
Proceeds from repayment of Note receivable - affiliate
0	0	15,000	0	0	-	-	-	-	-	-
Insurance proceeds from involuntary conversion of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	2,224
Investments in unconsolidated entities
-	-	-	-	-	134,030	0	775	59,319	0	0
Milestone distributions from ECP
-	-	-	-	-	-	-	2,208	0	6,625	-
Return of investments from unconsolidated entities
-	-	-	-	-	225	1,738	5,980	1,432	0	877
Contributions to WTLPG
-	-	-	-	0	3,386	30,877	30,279	35,765	19,253	1,048
Proceeds from sale of equity method investment
-	-	-	-	-	-	750	531	0	0	-
Other
-	-	-	-	-	-2,475	-2,200	0	0	-	-
Net cash used in continuing investing activities
-34,327	-25,665	-34,372	63,839	-65,055	-324,663	-144,177	-286,641	-188,747	-47,650	-
Net cash used in discontinued investing activities
209,155	173,287	-7,263	0	41,250	0	-42,600	271,605	-13,908	-43,366	-
Net cash used in investing activities
174,828	147,622	-41,635	63,839	-23,805	-324,663	-186,777	-15,036	-202,655	-91,016	-14,675
Cash flows from financing activities:
Payments of long-term debt
729,514	559,201	339,224	386,700	308,836	1,533,087	650,000	706,000	442,000	441,868	430,500
Payments of long-term debt and finance lease obligations
-	-	-	-	-	-	8,809	6,556	1,132	111	1,482
Proceeds from long-term debt
638,000	399,000	341,000	331,700	282,000	1,493,250	839,000	727,000	529,000	503,856	433,700
Reimbursement of excess purchase price over carrying value of acquired assets
0	0	1,125	4,125	2,250	0	0	-	-	-	-
Redemption of common units
-	-	-	-	-	-	-	-	-	28,070	0
Excess purchase price over carrying value of acquired assets
-	-	-	-	-	-	-	-	-19,685	-4,590	0
Excess carrying value of assets over the purchase price paid by Martin Resource Management
-	-	-	-	-	-	-	4,268	0	0	-
Purchase of treasury units
392	273	4	347	0	277	250	222	582	108	78
Decrease in affiliate funding of investments in unconsolidated entities
-	-	-	-	-	-	-	-2,208	30,828	12,628	-
Proceeds from issuance of common units
-	-	-	-	-	-	-	-	-	-	20,000
Payment of debt issuance costs
4,406	1,312	66	5,274	341	3,722	9,115	204	3,588	7,468	10,446
Net proceeds from issuance of common units
-289	-118	51,056	-29	-590	331,728	0	194,170	-	-	-
Net proceeds from issuance of common units
-	-	-	-	-	-	-	-	70,330	78,600	0
General partner contributions
0	0	1,098	0	55	7,007	37	4,145	1,505	1,089	1,324
Deemed contribution from (distribution to) Martin Resource Management
0	12,070	-2,405	-	-	-	-	-	-	-	-
Excess purchase price over carrying value of acquired assets
102,393	26	7,887	0	0	4,948	301	142,075	-	-	-
Cash distributions paid
49,093	78,441	76,938	118,178	133,316	97,368	84,588	76,528	64,497	56,696	47,462
Net cash used in financing activities
-248,087	-252,441	-27,435	-174,703	-158,778	192,583	85,974	-12,746	100,179	57,262	-34,944
Net decrease in cash
2,556	211	14	-	-	-	-	-	-	-	-
Net increase (decrease) in cash
-	-	-	-16	-11	-16,500	11,380	4,896	-11,114	5,424	-2,027
Purchase of assets under capital lease obligations
-	-	-	-	-	-	-	-	-	-	7,764
Issuance of common and subordinated units in connection with Cross acquisition
-	-	-	-	-	-	-	-	-	-	32,957
Non-cash additions to property, plant and equipment
-	-	-	-	-	-	-	-	-	7,354	0