NEXTERA ENERGY PARTNERS, LP NEP Cash Flow

Nextera energy partners, lp (NEP)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss
-1,003,000	-404,000	-604,000	-249,000	165,000	267,000	330,000	270,000	37,000	114,000	383,000	464,000	453,000	383,000	207,000	90,000	70,000	107,000	112,000	119,000	116,000	97,000	0	0	0
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization
264,000	259,000	243,000	225,000	211,000	203,000	209,000	216,000	223,000	226,000	243,000	240,000	241,000	235,000	213,000	196,000	176,000	163,000	143,000	130,000	120,000	99,000	0	0	0
Intangible amortization - PPAs
89,000	72,000	46,000	21,000	9,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Accretion of acquisition holdbacks
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Change in value of derivative contracts
-1,003,000	-323,000	-700,000	-327,000	-124,000	-60,000	58,000	0	-60,000	-11,000	84,000	83,000	72,000	27,000	-65,000	-67,000	-37,000	10,000	0	0	0	-	-	-	-
Deferred income taxes
-94,000	-26,000	-35,000	0	0	23,000	131,000	139,000	165,000	162,000	87,000	95,000	73,000	56,000	40,000	11,000	23,000	24,000	-32,000	-33,000	-34,000	-26,000	0	0	0
Benefits associated with differential membership interests - net
-	-	-	-	-	-	-	-	-	119,000	105,000	98,000	85,000	67,000	52,000	43,000	33,000	24,000	17,000	12,000	4,000	0	0	0	0
Equity in earnings of equity method investees, net of distributions received
21,000	23,000	8,000	2,000	-6,000	-8,000	-4,000	-6,000	-3,000	-7,000	-21,000	-21,000	-23,000	-10,000	25,000	15,000	8,000	6,000	0	0	0	-	-	-	-
Equity in losses of non-economic ownership interests
-20,000	-4,000	-20,000	-9,000	2,000	15,000	24,000	21,000	17,000	11,000	28,000	18,000	9,000	-4,000	0	0	0	-	-	-	-	-	-	-	-
Other - net
-15,000	-12,000	-27,000	-10,000	0	4,000	1,000	-1,000	-6,000	-11,000	-15,000	-18,000	-19,000	-22,000	0	0	0	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
-	-	-	-	-	-	-	-	-	-	5,000	13,000	12,000	14,000	17,000	15,000	14,000	7,000	4,000	12,000	18,000	21,000	0	0	0
Other current assets
0	17,000	39,000	15,000	14,000	10,000	4,000	21,000	13,000	6,000	11,000	4,000	7,000	3,000	1,000	8,000	-15,000	-14,000	15,000	6,000	32,000	31,000	0	0	0
Other non-current assets
-2,000	1,000	0	0	1,000	-5,000	0	-6,000	-7,000	3,000	0	3,000	5,000	1,000	0	0	0	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	-	2,000	4,000	3,000	3,000	-4,000	-3,000	-1,000	0	45,000	38,000	40,000	40,000	0	0	0
Due to related parties
-	-	-	-	-	-	-	-	-	-	0	-5,000	-3,000	-2,000	-1,000	4,000	-3,000	3,000	3,000	-6,000	10,000	6,000	0	0	0
Other current liabilities
-1,000	-6,000	-3,000	-19,000	-23,000	-26,000	-12,000	9,000	19,000	35,000	11,000	6,000	0	4,000	0	-4,000	1,000	5,000	3,000	8,000	-6,000	15,000	0	0	0
Payment of acquisition holdback
-	-	-	-	-	-	-	-	-	-	14,000	14,000	14,000	0	0	0	0	-	-	-	-	-	-	-	-
Other non-current liabilities
-1,000	0	-2,000	2,000	6,000	4,000	-16,000	-23,000	-25,000	-14,000	4,000	5,000	10,000	1,000	0	0	0	-	-	-	-	5,000	0	0	0
Net cash provided by operating activities
426,000	346,000	345,000	309,000	328,000	362,000	389,000	406,000	405,000	413,000	448,000	443,000	426,000	415,000	367,000	314,000	298,000	288,000	229,000	224,000	193,000	182,000	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisitions of membership interests in subsidiaries - net
-	-	-	-	-	-	-	-	-	-	-	-	-	869,000	1,807,000	1,490,000	1,915,000	1,882,000	0	0	0	-	-	-	-
Capital expenditures and other investments
142,000	93,000	54,000	24,000	24,000	25,000	17,000	28,000	37,000	349,000	668,000	663,000	930,000	861,000	587,000	625,000	364,000	201,000	680,000	719,000	733,000	714,000	0	0	0
Acquisitions of projects
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Proceeds from CITCs
-	-	-	-	-	-	-	-	-	-	-	-	-	-13,000	0	0	26,000	-	13,000	-320,000	23,000	83,000	0	0	0
Payments from (to) related parties under CSCS agreement - net
-18,000	54,000	282,000	-600,000	47,000	21,000	-441,000	-63,000	8,000	-22,000	-20,000	-3,000	-14,000	1,000	-307,000	-27,000	-24,000	152,000	0	0	0	-	-	-	-
Distributions from equity method investee
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-16,000	-12,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
-2,458,000	-2,349,000	-2,069,000	-2,924,000	-736,000	-763,000	-773,000	-329,000	-1,026,000	-1,368,000	-1,045,000	-1,415,000	-1,440,000	-1,716,000	-2,758,000	-2,194,000	-2,363,000	-1,899,000	-1,236,000	-1,381,000	-1,023,000	-931,000	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common units - net
0	-	0	0	0	-	0	0	0	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-
Issuances of long-term debt
3,437,000	3,380,000	0	0	0	-	-	-	-	1,880,000	1,980,000	760,000	865,000	771,000	1,482,000	1,363,000	1,363,000	1,369,000	558,000	477,000	122,000	15,000	0	0	0
Retirements of long-term debt
2,779,000	2,792,000	1,910,000	1,238,000	976,000	983,000	88,000	1,180,000	1,179,000	1,185,000	1,334,000	330,000	612,000	640,000	682,000	674,000	420,000	395,000	192,000	446,000	404,000	377,000	0	0	0
Debt issuance costs
49,000	48,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	17,000	12,000	11,000	5,000	3,000	0	0	0
Partner contributions
16,000	14,000	6,000	7,000	8,000	36,000	41,000	42,000	41,000	316,000	628,000	626,000	899,000	831,000	554,000	628,000	357,000	180,000	720,000	720,000	1,008,000	1,032,000	0	0	0
Partner distributions
385,000	362,000	335,000	305,000	289,000	281,000	280,000	289,000	294,000	307,000	748,000	720,000	715,000	682,000	828,000	844,000	1,138,000	1,122,000	1,184,000	1,122,000	971,000	977,000	0	0	0
Preferred unit distributions
17,000	21,000	24,000	25,000	25,000	22,000	15,000	9,000	3,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from differential membership investors
80,000	66,000	66,000	59,000	60,000	56,000	55,000	43,000	43,000	33,000	432,000	424,000	423,000	416,000	476,000	473,000	474,000	463,000	0	0	0	-	-	-	-
Payments to differential membership investors
28,000	30,000	27,000	26,000	24,000	21,000	22,000	23,000	25,000	25,000	29,000	25,000	22,000	20,000	13,000	12,000	8,000	7,000	4,000	3,000	2,000	0	0	0	0
Payments to Class B noncontrolling interests investors
28,000	23,000	15,000	8,000	5,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in amounts due to related parties
0	-	0	0	0	-	0	0	-77,000	-	-91,000	-12,000	2,000	4,000	17,000	17,000	3,000	-20,000	0	0	0	-	-	-	-
Proceeds from related party note
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Change in amounts due to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Payment of acquisition holdback
-	-	-	-	-	-	-	-	-	186,000	186,000	186,000	186,000	0	0	0	0	-	-	-	-	-	-	-	-
Net cash used in financing activities
2,011,000	1,969,000	1,824,000	2,105,000	357,000	371,000	315,000	439,000	687,000	959,000	618,000	875,000	984,000	1,302,000	1,746,000	1,950,000	2,065,000	1,608,000	1,606,000	1,164,000	866,000	830,000	0	0	0
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-	-	-	-	-	-2,000	0	-1,000	1,000	3,000	3,000	3,000	3,000	4,000	-2,000	-6,000	-3,000	-7,000	-3,000	-1,000	-3,000	-2,000	0	0	0
NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH
-21,000	-34,000	100,000	-510,000	-52,000	-32,000	-69,000	515,000	67,000	7,000	24,000	-94,000	-27,000	5,000	-647,000	64,000	-3,000	-10,000	596,000	6,000	33,000	79,000	0	0	0
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest, net of amounts capitalized
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	99,000	73,000	0	0	0
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Members’ noncash contributions for construction costs and other
-	-	-	-	-	-	-	-	-	13,000	145,000	145,000	144,000	225,000	332,000	500,000	520,000	526,000	633,000	889,000	987,000	907,000	0	0	0
Change in accounts receivable for CITCs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Change in noncash investments in equity method investees - net
-	-	-	-	-	-	-	-	-	7,000	103,000	103,000	105,000	108,000	1,000	-24,000	-4,000	-5,000	0	0	0	-	-	-	-
Partner noncash distributions
0	3,000	3,000	3,000	3,000	17,000	17,000	17,000	17,000	0	2,000	4,000	8,000	33,000	52,000	50,000	48,000	42,000	38,000	36,000	514,000	496,000	0	0	0
Accrued property additions
0	-	-	-	0	-	-	-	-	2,000	317,000	315,000	309,000	314,000	549,000	812,000	815,000	811,000	325,000	147,000	127,000	170,000	0	0	0
Noncash member contribution upon transition from predecessor method
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	0	0	0	-	-	-	-
Change in goodwill related to change in purchase accounting valuation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,000	6,000	6,000	0	0	0	0	-	-	-	-
Accrued preferred distributions
-2,000	2,000	4,000	6,000	6,000	6,000	9,000	9,000	9,000	3,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-