PLAINS GP HOLDINGS LP PAGP Cash Flow

Plains gp holdings lp (PAGP)

CashFlow / Quarterly

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	Dec'13	Sep'13	Jun'13	Mar'13
CASH FLOWS FROM OPERATING ACTIVITIES
Net income/(loss)
-2,692,000	291,000	431,000	426,000	914,000	1,061,000	677,000	96,000	273,000	-648,000	32,000	173,000	402,000	122,000	279,000	82,000	177,000	216,000	228,000	103,000	262,000	370,000	311,000	275,000	372,000	304,000	236,000	299,000	535,000
Reconciliation of net income/(loss) to net cash provided by operating activities:
Depreciation and amortization
169,000	163,000	157,000	148,000	136,000	135,000	129,000	130,000	127,000	116,000	152,000	129,000	122,000	163,000	32,000	206,000	114,000	113,000	107,000	108,000	105,000	92,000	97,000	101,000	96,000	102,000	92,000	92,000	82,000
(Gains)/losses on asset sales and asset impairments, net (Note 14)
-619,000	-	-	-	-4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment losses (Note 6)
2,515,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity-indexed compensation expense/(benefit)
-4,000	4,000	7,000	7,000	17,000	20,000	23,000	19,000	17,000	8,000	10,000	11,000	12,000	20,000	14,000	22,000	4,000	0	-9,000	17,000	19,000	8,000	23,000	34,000	34,000	20,000	18,000	27,000	51,000
Inventory valuation adjustments
232,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	92,000	1,000	0	24,000	252,000	0	0	37,000	-	-	-	-
Deferred income tax expense/(benefit)
-140,000	-1,000	43,000	-27,000	49,000	186,000	9,000	-21,000	62,000	833,000	-43,000	23,000	96,000	-28,000	11,000	1,000	9,000	50,000	24,000	32,000	-8,000	87,000	19,000	14,000	21,000	-4,000	-7,000	10,000	7,000
Loss on foreign currency revaluation
-46,000	-	-	-	-4,000	-	-	-	-8,000	-	-	-	3,000	-	-3,000	-1,000	3,000	-	-6,000	-1,000	27,000	-	-15,000	10,000	-5,000	-	-	-	-
Change in fair value of Preferred Distribution Rate Reset Option (Note 10)
26,000	-	-	-	23,000	-	-	-	-4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity earnings in unconsolidated entities
110,000	114,000	102,000	83,000	89,000	94,000	110,000	96,000	75,000	89,000	80,000	68,000	53,000	62,000	46,000	40,000	47,000	49,000	45,000	52,000	37,000	35,000	29,000	24,000	20,000	-	-	-	-
Distributions on earnings from unconsolidated entities
125,000	94,000	107,000	102,000	98,000	98,000	118,000	105,000	101,000	82,000	86,000	84,000	52,000	65,000	50,000	49,000	52,000	55,000	57,000	48,000	54,000	31,000	23,000	26,000	25,000	-	-	-	-
(Gain on)/impairment of investments in unconsolidated entities, net (Note 7)
-22,000	-	-	-	267,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-5,000	1,000	-14,000	-1,000	-7,000	-17,000	-9,000	-6,000	-7,000	22,000	-14,000	5,000	-10,000	-12,000	-7,000	1,000	-7,000	15,000	-1,000	-3,000	9,000	-14,000	-5,000	-11,000	6,000	-	-	-	8,000
Changes in assets and liabilities, net of acquisitions:
Changes in assets and liabilities, net of acquisitions
-128,000	-	302,000	131,000	-182,000	-	365,000	-333,000	4,000	-	-305,000	-288,000	-177,000	-	76,000	500,000	-318,000	-	-208,000	306,000	-346,000	-	152,000	275,000	-253,000	-	90,000	71,000	-311,000
Net cash provided by operating activities
889,000	726,000	306,000	436,000	1,032,000	1,312,000	279,000	493,000	520,000	581,000	456,000	644,000	815,000	82,000	257,000	-252,000	631,000	134,000	559,000	-75,000	729,000	722,000	312,000	137,000	817,000	359,000	255,000	356,000	978,000
CASH FLOWS FROM INVESTING ACTIVITIES
Cash paid in connection with acquisitions, net of cash acquired (Note 14)
308,000	-	-	-	-	-	-	-	-	-2,000	1,000	27,000	1,254,000	0	197,000	0	85,000	1,000	40,000	0	64,000	-	-	-	-	0	-3,000	0	31,000
Investments in unconsolidated entities
147,000	157,000	108,000	134,000	125,000	168,000	84,000	176,000	40,000	60,000	106,000	127,000	123,000	130,000	51,000	45,000	75,000	40,000	94,000	54,000	65,000	60,000	31,000	41,000	26,000	9,000	12,000	64,000	48,000
Additions to property, equipment and other
245,000	262,000	277,000	362,000	280,000	450,000	460,000	458,000	266,000	246,000	229,000	274,000	275,000	304,000	331,000	327,000	372,000	462,000	586,000	590,000	441,000	508,000	506,000	450,000	468,000	396,000	432,000	422,000	363,000
Proceeds from sales of assets (Note 14)
104,000	-	-	-	-	36,000	872,000	343,000	83,000	676,000	18,000	228,000	161,000	16,000	247,000	145,000	246,000	1,000	2,000	1,000	1,000	26,000	-1,000	1,000	2,000	138,000	59,000	1,000	2,000
Cash received from sales of linefill and base gas
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	12,000	11,000	-	11,000	5,000	9,000
Cash paid for purchases of linefill and base gas
5,000	41,000	9,000	8,000	16,000	-	-	-	-	-	-	-	-	-	-	-	-	2,000	6,000	29,000	96,000	2,000	19,000	96,000	44,000	61,000	37,000	11,000	13,000
Other investing activities
9,000	4,000	1,000	0	8,000	2,000	16,000	-6,000	-2,000	-	-	-	-	-6,000	0	8,000	1,000	-42,000	2,000	5,000	1,000	-	-	-	-1,000	-	-	-	-
Net cash used in investing activities
-610,000	-398,000	-389,000	-549,000	-429,000	-629,000	322,000	-285,000	-221,000	393,000	-309,000	-163,000	-1,491,000	-419,000	-332,000	-235,000	-287,000	-461,000	-726,000	-677,000	-666,000	-1,632,000	-563,000	-577,000	-524,000	-313,000	-408,000	-488,000	-444,000
CASH FLOWS FROM FINANCING ACTIVITIES
Net repayments under PNG credit agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-350,000	4,000	-63,000	27,000
Net repayments under PAA commercial paper program (Note 8)
-93,000	-	-	-	-	-60,000	-198,000	143,000	-8,000	-575,000	-140,000	-124,000	149,000	53,000	227,000	367,000	-1,211,000	480,000	0	885,000	-734,000	317,000	-339,000	-216,000	-128,000	-	-	-	-
Net borrowings under PAA senior unsecured revolving credit facility (Note 8)
-	-	-	-	-	-	-	-224,000	350,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-27,000	7,000	-72,000
Net borrowings under PAA senior secured hedged inventory facility (Note 8)
89,000	-	-	-	-	-299,000	-146,000	165,000	-498,000	29,000	457,000	51,000	-501,000	23,000	172,000	552,000	-300,000	-	-	-	-	-	-	-	-	-1,000	-574,000	250,000	-335,000
Net repayments under AAP senior secured revolving credit facility (Note 11)
-	-	-	-	-	-	-	-	-	-	-	-	-	-53,000	10,000	0	34,000	0	-51,000	1,000	23,000	5,000	5,000	6,000	5,000	-285,000	297,000	1,000	2,000
Repayments of PAA senior notes (Note 11)
-	-	-	-	-	-	-	-	-	950,000	0	0	400,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from sales of Class A shares
-	-	-	-	-	-	-	-	-	0	0	0	1,535,000	-	-	-	1,570,000	-	-	-	-	-	-	-	-	-	-	-	128,000
Net proceeds from the sale of Class A shares (Note 9)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from the sale of common units by a subsidiary (Note 12)
-	-	-	-	-	-	-	-	-	0	0	0	129,000	-	-	-	0	0	0	0	1,099,000	193,000	211,000	296,000	148,000	-	-	-	-
Contributions from noncontrolling interests related to the sale of common units by subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	5,000	3,000	2,000
Distributions paid to Class A shareholders (Note 9)
66,000	66,000	60,000	57,000	48,000	47,000	48,000	47,000	47,000	46,000	84,000	84,000	57,000	55,000	62,000	62,000	55,000	52,000	51,000	50,000	42,000	26,000	25,000	23,000	17,000	-	-	-	-
Distributions paid to members (Note 10)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4,000	1,000	1,000
Distributions paid to noncontrolling interests (Note 9)
233,000	260,000	243,000	267,000	207,000	232,000	208,000	232,000	171,000	177,000	315,000	315,000	315,000	307,000	369,000	368,000	375,000	379,000	373,000	367,000	346,000	346,000	333,000	317,000	309,000	312,000	603,000	295,000	284,000
Other financing activities
112,000	-8,000	-92,000	-11,000	58,000	-3,000	-79,000	-2,000	64,000	-41,000	-80,000	-1,000	127,000	-19,000	-14,000	-4,000	-1,000	-16,000	-9,000	-2,000	-2,000	-25,000	6,000	-10,000	-1,000	-	-	-	-
Net cash used in financing activities
-191,000	-916,000	285,000	111,000	-197,000	-641,000	-605,000	-197,000	-310,000	-972,000	-162,000	-473,000	667,000	353,000	72,000	484,000	-338,000	333,000	164,000	318,000	-2,000	1,281,000	259,000	434,000	-302,000	-37,000	169,000	127,000	-533,000
Effect of translation adjustment
-10,000	2,000	-2,000	0	-3,000	-6,000	0	0	-3,000	-	-	-	-	0	0	0	4,000	-1,000	-2,000	4,000	-5,000	-	-	-	-2,000	-	-	-	-
Net increase in cash and cash equivalents and restricted cash
78,000	-586,000	200,000	-2,000	403,000	36,000	-4,000	11,000	-14,000	-	-	-	-9,000	16,000	-3,000	-3,000	10,000	5,000	-5,000	-430,000	56,000	369,000	7,000	-4,000	-11,000	9,000	16,000	-8,000	1,000
Cash paid for:
Interest, net of amounts capitalized
65,000	134,000	75,000	118,000	70,000	119,000	78,000	127,000	76,000	161,000	73,000	160,000	92,000	139,000	92,000	143,000	88,000	110,000	100,000	118,000	77,000	99,000	79,000	85,000	81,000	78,000	86,000	76,000	72,000
Income taxes, net of amounts refunded
51,000	26,000	24,000	21,000	65,000	1,000	9,000	2,000	9,000	3,000	13,000	7,000	27,000	20,000	27,000	35,000	16,000	7,000	13,000	19,000	11,000	24,000	31,000	38,000	66,000	18,000	1,000	9,000	9,000