Phillips 66 partners lp (PSXP)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13
Revenues and Other Income
Operating revenues

1,126,000

1,045,000

934,000

31,000

-

-

-

Operating revenuesrelated parties

-

-

-

-

582,000

531,000

190,700

Operating revenuesthird parties

-

-

-

-

30,000

24,000

5,200

Equity in earnings of affiliates

535,000

439,000

223,000

114,000

77,000

0

-

Other income

6,000

2,000

12,000

1,000

6,000

0

200

Total revenues and other income

1,667,000

1,486,000

1,169,000

873,000

695,000

555,000

196,100

Costs and Expenses
Operating and maintenance expenses

405,000

354,000

321,000

216,000

203,000

184,000

61,000

Depreciation

120,000

117,000

116,000

96,000

61,000

46,000

15,000

General and administrative expenses

67,000

64,000

69,000

65,000

63,000

57,000

19,000

Taxes other than income taxes

39,000

35,000

33,000

33,000

27,000

16,000

4,900

Interest and debt expense

108,000

115,000

101,000

52,000

34,000

5,000

300

Other expenses

2,000

1,000

1,000

1,000

1,000

1,000

100

Total costs and expenses

741,000

686,000

641,000

463,000

389,000

309,000

100,300

Income before income taxes

926,000

800,000

528,000

410,000

306,000

246,000

95,800

Income tax expense

3,000

4,000

4,000

2,000

0

1,000

500

Net Income (Loss) Attributable to Parent

923,000

796,000

524,000

408,000

306,000

245,000

95,300

Net Income (Loss) Attributable To Predecessors

0

0

63,000

107,000

112,000

129,000

66,400

Net income attributable to the Partnership

923,000

796,000

461,000

301,000

194,000

116,000

28,900

Less: Preferred unitholders’ interest in net income

37,000

37,000

9,000

-

-

-

-

Less: Preferred unitholders’ interest in net income

37,000

37,000

9,000

0

0

-

-

Less: General partner’s interest in net income

140,000

240,000

160,000

92,000

41,000

8,000

600

Limited partners’ interest in net income

746,000

519,000

292,000

209,000

153,000

108,000

28,300

Net Income Attributable to the Partnership Per Limited Partner Unit (dollars)
Net Income Per Limited Partner Unit (dollars)
Cash Distributions Paid Per Limited Partner Unit (in dollars per share)

-

-

-

-

1.53

1.11

0.15

Weighted-Average Limited Partner Units Outstanding (thousands)
Third Party
Operating revenues

29,000

33,000

40,000

-

-

-

-

Service [Member]
Revenues

196,000

446,000

-

-

-

-

-

Affiliated Entity
Operating revenues

1,097,000

1,012,000

894,000

727,000

-

-

-

Common Units
Net Income (Loss), Per Outstanding Limited Partnership Unit, Basic, Net of Tax

4.45

4.22

2.60

2.20

-

-

-

Net Income (Loss), Net of Tax, Per Outstanding Limited Partnership Unit, Diluted

4.29

4.00

2.59

2.20

-

-

-

Weighted Average Limited Partnership Units Outstanding, Basic

167,655

122,768

112,044

95,240

-

-

-

Common units—diluted (in shares)

181,475

136,588

115,339

95,240

-

-

-