Valero energy partners lp (VLP)
Income statement / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
Revenues – related party:
Operating Leases, Income Statement, Lease Revenue

436,609

351,532

273,730

-

-

-

-

-

Revenues from contracts with customer

109,818

100,473

88,889

-

-

-

-

-

Revenue from Related Parties

546,427

452,005

362,619

243,624

129,180

124,985

86,804

73,136

Costs and expenses:
Cost of revenues from lease contracts (excluding depreciation expense reflected below)

104,776

83,332

75,380

-

-

-

-

-

Depreciation expense associated with lease contracts

63,499

40,950

33,961

-

-

-

-

-

Cost of revenues (excluding depreciation expense reflected below)

-

-

-

105,973

111,114

105,576

26,249

26,373

Depreciation expense

-

-

-

45,678

37,909

35,037

12,881

15,978

Other operating expenses

0

577

0

0

-

-

-

-

General and administrative expenses

20,702

15,549

15,965

14,520

13,602

8,452

5,016

4,351

Total costs and expenses

227,925

176,975

158,045

166,171

162,625

149,065

44,146

46,702

Operating Income (Loss)

318,502

275,030

204,574

77,453

-33,445

-24,080

42,658

26,434

Other income, net

2,214

753

284

223

1,504

309

337

142

Interest Expense

55,068

36,015

14,915

6,113

872

198

307

429

Income before income tax expense

265,648

239,768

189,943

71,563

-32,813

-23,969

42,688

26,147

Income Tax Expense (Benefit)

1,553

1,335

1,112

251

548

1,434

403

311

Net Income (Loss) Attributable to Parent

264,095

238,433

188,831

71,312

-33,361

-25,403

42,285

25,836

Income (Loss) Attributable to Predecessor

0

0

-15,422

-60,566

-92,642

-27,444

-

-

Income (Loss) Attributable To Partners

264,095

238,433

204,253

131,878

59,281

2,041

-

-

Less: Net income attributable to Predecessor

264,095

238,433

188,831

71,312

-

-

42,285

25,836

Net income attributable to partners

264,095

238,433

188,831

71,312

-

-

42,285

25,836

Less: General partner’s interest in net income

54,108

49,113

23,553

6,069

1,379

41

-

-

Limited partners’ interest in net income

209,987

189,320

180,700

125,809

57,902

2,000

-

-

Net income per limited partner unit – basic and diluted:
Net Income (Loss), Per Outstanding Limited Partnership Unit, Basic and Diluted, Net of Tax

3.03

2.77

2.85

2.12

1.01

0.03

-

-

Subordinated units (in dollars per unit)

0.00

0.00

2.38

2.07

1.01

0.03

-

-

Weighted-average limited partner units outstanding – basic and diluted:
Common units  basic

-

-

-

-

28,790

28,790

-

-

Common units  diluted

-

-

-

-

28,791

28,790

-

-

Weighted Average Number of Limited Partnership Units Outstanding, Basic and Diluted

69,250

68,220

48,817

31,222

-

-

-

-

Subordinated units (units)

0

0

17,463

28,790

28,790

28,790

-

-

Cash distribution declared per unit (dollars per unit)

-

-

-

1.19

0.94

0.03

-

-

Services [Member]
Revenues from contracts with customer

109,818

100,473

88,889

-

-

-

-

-

Cost of revenues from contracts with customer (excluding depreciation expense reflected below)

26,319

25,042

20,735

-

-

-

-

-

Depreciation expense associated with contracts with customer

12,629

11,525

12,004

-

-

-

-

-