| Jun'14 | Mar'14 | Dec'13 | Sep'13 | Jun'13 | Mar'13 | |
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities | ||||||
Net income | ||||||
330,200 | 372,800 | 415,400 | 0 | 0 | 0 | |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
167,800 | 146,700 | 141,200 | 0 | 0 | 0 | |
Amortization of deferred loan charges | ||||||
13,400 | 7,700 | 7,100 | 0 | 0 | 0 | |
Amortization of mobilization revenue | ||||||
- | 0 | - | 0 | 0 | 0 | |
Unrealized (gain) / loss related to derivative financial instruments | ||||||
-51,400 | 7,200 | 60,200 | 0 | 0 | 0 | |
Changes in operating assets and liabilities, net of effect of acquisitions | ||||||
Trade accounts receivable | ||||||
18,700 | 16,000 | 9,400 | 0 | 0 | 0 | |
Mobilization revenue receivable | ||||||
- | 0 | - | - | - | 0 | |
Trade accounts payable | ||||||
37,600 | 60,100 | 48,600 | 0 | 0 | 0 | |
Related party balances | ||||||
56,400 | 56,400 | 56,900 | 0 | 0 | 0 | |
Other assets | ||||||
13,700 | 13,200 | -2,000 | 0 | 0 | 0 | |
Other liabilities | ||||||
-42,600 | -34,500 | -14,000 | 0 | 0 | 0 | |
Net cash provided by operating activities | ||||||
536,300 | 567,400 | 564,000 | 0 | 0 | 0 | |
Cash Flows from Investing Activities | ||||||
Acquisition of subsidiaries, net of cash acquired | ||||||
0 | 0 | - | - | 0 | 0 | |
Additions to newbuildings and drilling units | ||||||
0 | 0 | - | 0 | 0 | 0 | |
Net cash (used in) / provided by investing activities | ||||||
-715,300 | -818,300 | -159,300 | 0 | 0 | 0 | |
Cash Flows from Financing Activities | ||||||
Proceeds from long term debt | ||||||
0 | 0 | - | 0 | 0 | 0 | |
Repayments of long term debt | ||||||
803,700 | 352,800 | 348,800 | 0 | 0 | 0 | |
Repayments of related party debt | ||||||
0 | 0 | - | - | 0 | 0 | |
Proceeds from revolving credit facility | ||||||
- | 0 | - | - | 0 | 0 | |
Repayments of revolving credit facility | ||||||
0 | 0 | - | - | 0 | 0 | |
Repayments of related party discount notes | ||||||
0 | 0 | - | - | 0 | 0 | |
Cash distributions | ||||||
450,900 | 400,800 | 140,900 | 0 | 0 | 0 | |
Proceeds on issuance of equity, net of fees | ||||||
0 | 0 | - | - | 0 | 0 | |
Proceeds on issuance of units by Seadrill Capricorn Holdings LLC | ||||||
- | 0 | - | - | 0 | 0 | |
Owners funding repaid | ||||||
- | 125,300 | 112,400 | 0 | 0 | 0 | |
Net cash (used in) / provided by financing activities | ||||||
649,700 | 351,200 | -336,200 | 0 | 0 | 0 | |
Net increase in cash and cash equivalents | ||||||
470,700 | 100,300 | 68,500 | 0 | 0 | 0 | |
Supplementary disclosure of cash flow information | ||||||
Interest and other financial items paid | ||||||
109,400 | 99,100 | 92,200 | 0 | 0 | 0 | |
Taxes paid | ||||||
34,100 | 34,400 | 35,100 | 0 | 0 | 0 | |