Transatlantic petroleum ltd. (TAT)
CashFlow / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Operating activities:
Net loss

-5,366

-3,556

-6,346

-7,343

-5,216

-8,540

-11,173

-9,601

-23,875

-25,535

-9,513

-16,741

-6,243

-100,240

-107,007

-107,595

-107,538

7,511

10,922

19,609

29,076

-859

-14,145

-12,679

-13,713

-11,358

609

22,812

16,246

-43,266

-58,494

-103,415

-120,943

0

0

0

Adjustment for net (income) loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

16,202

-50,908

-77,944

-79,387

-80,873

-13,881

-3,150

-1,589

-138

-214

-369

-369

-442

1,467

8,147

24,683

22,619

0

0

0

-

-

-

-

Adjustment for net loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-32,928

-22,445

-49,332

-29,063

-28,208

-26,665

21,392

14,072

21,198

29,214

-645

-13,776

-12,310

-13,271

-12,825

-7,538

-1,871

-6,373

-51,396

-56,771

-67,197

-77,574

0

0

0

Adjustments to reconcile net loss to net cash provided by operating activities:
Share-based compensation

419

413

416

456

455

477

497

658

693

689

689

587

629

850

1,228

1,599

1,688

1,811

1,535

1,305

1,434

1,344

1,548

1,730

1,716

2,382

2,337

2,448

2,559

1,372

1,358

1,148

1,212

0

0

0

Foreign currency loss

-5,136

5,673

-9,382

-12,302

-13,299

-19,874

-6,345

-1,155

440

-2,932

-2,877

-4,285

-3,091

523

493

-1,156

-5,910

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on commodity derivative contracts

-966

3,329

1,636

-1,182

-1,797

-7,307

-7,382

-3,565

-1,852

-539

639

-3,040

-3,257

-392

24,687

24,416

27,457

60,451

46,552

40,304

37,454

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash settlement on derivative contracts

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-8,030

-17,214

-8,451

-14,690

0

0

0

Loss (gain) on commodity derivative contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-11,822

2,254

-10,779

-8,426

0

0

0

Cash settlement on commodity derivative contracts

-

-

-

-

-

-

-

-

-

-

-

-

-4,188

-33,704

-51,287

-53,920

-57,076

-29,019

-7,681

-3,036

2,100

4,425

4,318

3,021

3,521

0

0

0

-

-

-

-

-

-

-

-

Amortization on loan financing costs

41

42

42

42

42

41

42

55

82

258

931

1,048

1,201

2,008

1,563

1,695

1,677

815

706

1,070

1,025

1,021

1,018

509

510

1,528

1,602

1,894

1,991

1,029

1,023

1,125

1,630

0

0

0

Deferred income tax expense

5,775

5,673

9,136

7,856

6,854

6,153

2,308

2,872

3,356

1,516

1,770

819

-25

17,246

18,766

18,939

18,642

7,655

10,065

10,004

11,875

5,844

2,776

2,039

979

1,147

2

4,597

1,817

-1,518

-228

-4,936

-4,951

0

0

0

Amortization of warrants - related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,972

0

0

0

Exploration, abandonment and impairment

6,267

6,275

5,949

5,474

401

1,078

1,057

868

934

3,248

4,638

4,764

5,963

16,306

18,537

22,502

21,544

19,568

16,388

16,070

19,864

17,839

19,500

27,610

27,333

0

0

0

-

-

-

-

-

-

-

-

Exploration, abandonment and impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Depreciation, depletion and amortization

13,227

13,565

13,482

13,316

14,059

14,574

15,908

16,887

16,925

18,996

22,004

25,556

29,025

32,577

33,470

34,619

37,707

40,073

45,926

49,558

48,594

47,982

45,443

42,436

41,322

31,561

28,221

28,022

28,215

43,093

44,452

43,547

39,008

0

0

0

Accretion of asset retirement obligations

213

207

186

180

174

170

184

188

190

232

280

329

373

376

367

364

368

376

391

404

406

448

459

477

508

498

548

587

710

828

1,005

1,180

1,142

0

0

0

Loss on Sale of TBNG

-

-

-

-

-

-

-

-

-15,226

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revaluation of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

1,102

-13,734

7,017

11,026

1,358

18,211

9,904

-3,372

-2,255

-2,009

-3,522

8,896

8,180

-35

-1,504

-4,634

-18,274

-9,687

-6,715

-4,158

3,326

7,427

10,570

6,312

2,353

-23,713

-15,892

-4,748

6,872

25,644

26,221

4,494

4,985

0

0

0

Prepaid expenses and other assets

7,013

6,409

8,320

9,339

6,673

8,591

6,757

799

859

1,611

2,417

5,285

4,040

1,413

-615

-754

-1,341

3,485

3,390

695

1,777

-4,447

-1,881

654

34

7,380

2,592

1,768

1,149

-12,525

-2,272

6,496

4,492

0

0

0

Accounts payable and accrued liabilities

9,114

3,017

10,780

13,130

7,031

16,395

12,005

4,076

-333

-2,548

-1,870

5,818

8,936

4,350

791

-11,023

-19,380

-14,078

-3,258

-5,453

4,734

-4,188

-8,263

20,771

9,269

-2,064

-8,476

-8,028

1,503

18,849

28,150

26,960

21,145

0

0

0

Net cash provided by operating activities from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

21,353

53,236

69,905

72,319

86,509

60,623

64,664

70,472

77,924

69,161

54,514

77,278

68,776

84,573

77,055

75,360

69,346

81,199

72,071

69,272

59,321

0

0

0

Net cash provided by (used in) operating activities from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

220

-587

-8,293

-7,660

-14,483

-14,919

-6,592

-7,151

-264

-265

-419

-374

-1,426

-2,855

6,314

-22,519

-25,769

-31,440

-26,583

-15,451

-10,602

0

0

0

Net cash provided by operating activities

33,203

29,183

27,083

25,399

28,695

27,017

16,537

23,831

17,880

18,867

23,756

17,007

21,573

52,649

61,612

64,659

72,026

45,704

58,072

63,321

77,660

68,896

54,095

76,904

67,350

81,718

83,369

52,841

43,577

49,759

45,488

53,821

48,719

0

0

0

Investing activities:
Acquisitions, net of cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

747

0

0

0

Additions to oil and natural gas properties

29,348

30,656

28,157

26,506

23,517

18,869

15,045

15,432

15,478

19,165

17,661

13,690

9,512

8,773

15,592

18,719

22,843

37,579

54,793

82,757

107,353

106,339

104,939

111,768

94,266

100,642

91,824

67,708

70,189

75,229

77,380

78,446

77,027

0

0

0

Additions to equipment and other properties

-

-

-

-

3,015

3,254

558

888

366

1,431

-1,839

1,220

1,204

-953

4,068

337

3,572

6,329

6,632

9,425

6,318

3,768

5,317

9,787

10,653

11,755

8,591

977

668

0

0

0

-

-

-

-

Additions to equipment and other properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-1,094

0

0

0

-

-

-

-

-

-

-

-

190

304

316

7,223

-949

0

0

0

-

-

-

-

Proceeds from the sale of TBNG

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) in investing activities from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-31,676

-45,957

-63,276

-94,033

-115,522

-110,103

-110,240

-114,635

-105,109

-112,701

-100,731

-75,908

-69,908

-67,946

-72,881

-72,926

-75,290

0

0

0

Net cash used in investing activities from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12,329

-11,389

-8,757

-2,201

-1,174

500

500

500

1,016

1,015

2,294

158,373

156,149

153,943

150,902

2,087

-4,761

0

0

0

Net cash used in investing activities

-30,830

-30,758

-30,812

-28,844

-26,532

-22,123

-15,603

-16,320

1,935

-8,121

4,294

11,686

-8,518

-7,995

-30,306

-42,738

-44,005

-57,346

-72,033

-96,234

-116,696

-109,603

-109,740

-114,135

-104,093

-111,686

-98,437

82,465

86,241

85,997

78,021

-70,839

-80,051

0

0

0

Financing activities:
Net income (loss)

-5,366

-3,556

-6,346

-7,343

-5,216

-8,540

-11,173

-9,601

-23,875

0

0

0

-

-

-

-

-

-

-

-

-

0

0

0

-

-11,358

609

22,812

16,246

-43,266

-58,494

-103,415

-120,943

0

0

0

Adjustment for net loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

1,467

8,147

24,683

22,619

0

0

0

-

-

-

-

Net (loss) income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

0

0

0

-

-12,825

-7,538

-1,871

-6,373

-51,396

-56,771

-67,197

-77,574

0

0

0

Exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

664

701

876

1,149

722

0

0

0

Tax withholding on restricted share units

92

0

0

0

-

-

-

-

92

99

111

80

66

67

41

334

391

391

399

94

76

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Note receivable - related party

1,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax withholding on restricted stock units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Loan proceeds

20,605

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

12,378

47,540

54,745

68,824

73,237

63,974

69,992

65,209

66,785

49,847

38,878

35,272

25,967

21,247

34,713

32,141

35,967

0

0

0

Loan proceeds - related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,000

0

0

0

-

-

-

-

Loan repayment

22,605

20,750

19,175

17,600

16,625

16,550

25,950

25,950

30,475

33,956

47,746

53,185

47,123

69,473

58,656

52,972

54,834

36,806

28,622

27,233

28,096

22,311

21,704

28,509

29,785

32,633

31,893

78,023

78,931

74,212

77,903

25,519

18,024

0

0

0

Loan repayment - related party

-

-

-

-

-

-

-

-

3,219

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

0

0

0

-

-

-

-

Net cash used in financing activities from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-40,254

0

0

0

-

-

-

-

36,960

17,196

6,850

-127,044

-125,697

-125,871

-115,722

18,521

18,455

0

0

0

Net cash used in financing activities from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13,709

0

0

0

-

-

-

-

-

-

-

-

-5,049

-6,608

-5,034

-5,543

-5,068

0

0

0

Net cash used in financing activities

-1,092

762

1,732

13,301

-6,636

13,810

3,879

-6,157

-13,411

-29,170

-12,371

-16,121

-7,351

-34,210

-48,558

-47,367

-53,963

14,333

29,577

45,716

61,561

0

0

0

-

-

-

-

-130,746

-132,479

-120,756

12,978

13,387

0

0

0

Effect of exchange rate on cash flows, cash equivalents and restricted cash

-1,504

1,690

-3,011

-6,233

-5,931

-9,461

-3,435

-1,391

-1,044

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash, cash equivalents and restricted cash

-223

877

-5,008

3,623

-10,404

9,243

1,378

-37

5,360

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate on cash flows and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-1,599

-23

-79

26

-1,318

-1,936

-1,846

-1,752

-666

-1,554

-1,118

-2,089

-2,104

-1,126

-872

-391

580

760

-1,178

-1,073

-1,615

0

0

0

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

4,105

10,421

-17,331

-25,420

-27,260

755

13,770

11,051

21,859

-2,842

-10,759

-2,720

-1,887

-13,898

-11,959

4,341

-348

4,037

1,575

-5,113

-19,560

0

0

0

Supplemental disclosures:
Cash paid for interest

4,151

3,971

4,950

5,339

7,917

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

8,291

6,576

6,261

9,187

8,697

9,522

8,262

5,829

4,547

3,490

3,374

2,764

3,155

3,091

3,606

4,026

4,901

6,946

9,657

10,482

11,581

10,106

0

0

0

Cash paid for taxes

3,436

3,380

4,270

3,760

3,239

2,933

1,225

1,819

2,151

3,484

6,039

5,735

4,842

3,986

1,917

2,402

3,044

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

6,838

7,955

8,855

7,729

0

0

0

Repayment of the Prepayment Agreement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,043

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-