Pbf logistics lp (PBFX)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15
Cash flows from operating activities:
Net income

120,906

108,169

104,876

100,892

98,935

100,837

100,228

104,671

107,281

110,016

106,196

92,810

82,705

74,807

63,917

66,134

70,061

69,008

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

41,162

38,601

35,278

33,650

31,887

29,809

28,493

26,798

25,564

24,404

22,959

22,550

19,042

15,406

12,430

8,732

8,020

7,806

0

0

0

Amortization of loan fees and debt premium

1,770

1,780

1,800

1,853

1,803

1,717

1,619

1,454

1,435

1,488

1,542

1,626

1,671

1,678

1,685

1,693

1,576

1,315

0

0

0

Accretion on discounted liabilities

2,560

2,768

3,030

2,308

1,535

775

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Unit-based compensation expense

7,103

6,765

6,830

6,611

5,887

5,757

5,379

5,134

5,499

5,345

5,202

5,358

4,311

4,360

5,524

5,376

4,078

4,279

0

0

0

Change in contingent consideration

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable - affiliates

43,180

11,004

32,949

15,806

11,450

-3,765

-2,591

64

3,478

3,954

5,299

9,030

4,074

12,439

5,999

1,571

10,504

12,319

0

0

0

Accounts receivable

1,370

-810

2,132

2,629

3,849

6,088

1,904

618

-514

-2,871

-2,875

-580

1,822

4,294

0

0

0

-

-

-

-

Prepaids and other current assets

2,193

472

462

2,206

93

679

1,413

-798

340

39

-589

-2,906

-3,477

-3,152

-2,540

147

833

117

0

0

0

Accounts payable - affiliates

8,774

-1,645

-9,423

-1,276

-654

-253

9,528

-7,937

-2,984

721

5,090

10,152

4,475

3,513

-938

2,019

275

215

0

0

0

Accounts payable

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities

-743

509

-211

-1,475

-339

-1,372

-1,406

-11,378

-3,425

-2,212

6,062

14,194

10,729

7,920

2,739

-1,881

8,846

3,488

0

0

0

Deferred revenue

-119

229

1,858

1,723

2,052

1,522

192

-77

-355

486

102

591

1,198

952

0

0

0

-

-

-

-

Other assets and liabilities

3,307

2,277

2,110

2,315

1,686

1,685

1,458

1,263

1,314

1,070

1,874

1,846

847

1,002

254

264

-10

19

0

0

0

Net cash provided by operating activities

129,445

149,007

111,202

123,700

128,425

133,141

138,088

115,072

128,523

138,182

143,444

139,891

120,865

94,053

78,552

78,267

81,529

73,656

0

0

0

Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Purchases of marketable securities

-

-

-

-

-

-

-

-

-

75,036

205,004

675,001

1,295,001

1,909,965

2,237,997

1,997,900

2,067,593

2,067,286

0

0

0

Maturities of marketable securities

-

-

-

-

-

-

-

-

-

115,060

264,995

811,145

1,489,355

2,104,209

2,412,274

2,096,022

2,068,146

2,067,983

0

0

0

Expenditures for property, plant and equipment

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

Net cash used in investing activities

-26,606

-31,746

-112,249

-125,177

-182,963

-175,696

-104,785

-99,365

-34,512

-50,234

-29,639

57,447

51,889

70,298

59,038

-13,476

-10,502

-9,308

0

0

0

Cash flows from financing activities:
Distributions to unitholders

128,267

123,910

117,926

111,800

103,679

98,786

95,107

91,043

88,429

85,430

82,285

77,433

72,913

67,534

61,795

57,712

53,319

49,524

0

0

0

Distributions to TVPC members

2,000

8,500

12,500

17,500

21,750

20,250

0

0

0

-

-

-

-

175,000

0

0

0

-

-

-

-

Distribution to parent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,036

0

0

0

Contribution from parent

-

-

-

-

-

4,201

5,235

6,780

4,722

10,439

20,513

21,381

21,272

15,184

0

0

0

-

-

-

-

Proceeds from revolving credit facility

312,000

228,000

334,000

302,000

186,000

170,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of revolving credit facility

89,000

101,000

101,000

135,000

46,000

43,700

223,200

189,200

189,200

179,500

0

0

0

-

-

-

-

-

-

-

-

Repayment of term loan

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

Deferred financing costs and other

3,522

2,724

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-3,262

-102,203

35,603

1,796

48,975

42,799

-54,701

-47,080

-112,832

-132,505

-118,656

-196,167

-161,188

-118,808

-111,555

-21,568

-61,942

-59,835

0

0

0

Net change in cash and cash equivalents

99,577

15,058

34,556

319

-5,563

244

-21,398

-31,373

-18,821

-44,557

-4,851

1,171

11,566

45,543

26,035

43,223

9,085

4,513

0

0

0

Supplemental disclosure of non-cash investing and financing activities:
Accrued capital expenditures

419

1,193

4,885

5,013

5,465

4,632

-13,351

-11,496

-11,788

1,423

15,661

14,483

15,165

1,540

0

0

0

-

-

-

-

Contribution of net assets from PBF LLC

-17

242

1,298

1,298

1,315

1,056

0

0

0

-

-

-

-

15

722

1,107

1,643

3,256

0

0

0

Issuance of Affiliate Note Payable

-

-

-

-

-

-

-

-

-

11,600

11,600

11,600

11,600

0

0

0

0

-

-

-

-

Assets acquired under operating leases

0

482

482

482

482

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

IDR Restructuring [Member]
Units issued in connection with the IDR Restructuring

0

215,300

215,300

215,300

215,300

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-