Vistra Energy Corp. VST Cash Flow

Vistra energy corp. (VST)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16
Cash flows — operating activities:
Net income
45,000	234,000	114,000	354,000	224,000	-186,000	331,000	105,000	-306,000	-579,000	273,000	-26,000	78,000	-163,000
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization
489,000	482,000	508,000	425,000	461,000	463,000	451,000	439,000	180,000	214,000	184,000	211,000	226,000	-
Deferred income tax expense, net
13,000	27,000	37,000	147,000	70,000	-91,000	188,000	-76,000	-83,000	209,000	180,000	-13,000	42,000	-
Impairment of long-lived assets
84,000	-	-	-	0	-	-	-	-	-	-	-	-	-
Loss on disposal of investment in NELP
28,000	-	-	-	0	-	-	-	-	-	-	-	-	-
Unrealized net gain from mark-to-market valuations of commodities
125,000	71,000	-78,000	517,000	186,000	-173,000	-8,000	216,000	-415,000	-347,000	148,000	-75,000	129,000	-
Unrealized net loss from mark-to-market valuations of interest rate swaps
-174,000	-	-76,000	-119,000	-80,000	-	37,000	27,000	59,000	-	-	-	-	-
Asset retirement obligation accretion expense
12,000	13,000	13,000	13,000	14,000	13,000	-7,000	25,000	19,000	-	-	-	-	-
Accretion expense
-	-	-	-	-	-	-	-	-	-	-	15,000	14,000	-
Impacts of Tax Receivable Agreement
8,000	11,000	62,000	-33,000	-3,000	14,000	-17,000	64,000	18,000	-117,000	-138,000	21,000	21,000	-
Stock-based compensation
14,000	12,000	11,000	12,000	12,000	14,000	0	53,000	6,000	-13,000	5,000	4,000	4,000	-
Other, net
-3,000	24,000	61,000	-105,000	32,000	27,000	-70,000	13,000	-7,000	11,000	-48,000	-6,000	13,000	-
Changes in operating assets and liabilities:
Margin deposits, net
-99,000	-41,000	-17,000	-78,000	-34,000	182,000	-22,000	-3,000	64,000	37,000	-36,000	-34,000	-113,000	-
Accrued interest
-77,000	65,000	9,000	-9,000	15,000	-46,000	15,000	-63,000	-11,000	16,000	3,000	2,000	-31,000	-
Accrued taxes
-110,000	-	36,000	8,000	-75,000	-	10,000	-43,000	-69,000	-	77,000	0	-73,000	-
Accrued employee incentive
-90,000	54,000	19,000	18,000	-90,000	57,000	14,000	19,000	-50,000	22,000	14,000	13,000	-73,000	-
Other operating assets and liabilities
15,000	-	-22,000	226,000	136,000	-	156,000	277,000	25,000	-	33,000	156,000	38,000	-
Cash provided by operating activities
552,000	913,000	941,000	494,000	388,000	608,000	892,000	-7,000	-22,000	541,000	512,000	192,000	141,000	81,000
Cash flows — investing activities:
Capital expenditures, including nuclear fuel purchases and LTSA prepayments
261,000	172,000	101,000	94,000	153,000	169,000	56,000	114,000	39,000	28,000	23,000	32,000	31,000	48,000
Nuclear fuel purchases
-	-	-	-	-	52,000	38,000	17,000	11,000	6,000	21,000	23,000	12,000	41,000
Development and growth expenditures
-	-	-	-	-	-	7,000	0	21,000	-	33,000	96,000	0	-
Proceeds from sales of nuclear decommissioning trust fund securities
75,000	77,000	62,000	214,000	78,000	41,000	118,000	47,000	46,000	98,000	56,000	19,000	79,000	25,000
Investments in nuclear decommissioning trust fund securities
80,000	83,000	68,000	219,000	83,000	47,000	124,000	52,000	51,000	103,000	62,000	23,000	84,000	30,000
Proceeds from sales of environmental allowances
74,000	165,000	1,000	31,000	0	-	-	-	-	-	-	-	-	-
Purchases of environmental allowances
106,000	153,000	31,000	137,000	1,000	-	-	-	-	-	-	-	-	-
Other, net
-14,000	-1,000	-1,000	-11,000	-10,000	1,000	-1,000	-11,000	1,000	-6,000	-1,000	-12,000	3,000	-1,000
Cash used in investing activities
-284,000	-738,000	-580,000	-250,000	-149,000	-234,000	-109,000	319,000	-77,000	-96,000	-437,000	-143,000	-51,000	-93,000
Cash flows — financing activities:
Issuances of long-term debt
0	1,907,000	0	3,300,000	1,300,000	0	1,000,000	0	0	-	-	-	-	1,000,000
Repayments/repurchases of debt
223,000	2,441,000	531,000	2,855,000	1,282,000	173,000	1,564,000	1,328,000	10,000	159,000	8,000	11,000	13,000	-
Net borrowings under accounts receivable securitization program
0	-150,000	170,000	80,000	11,000	-11,000	350,000	0	0	-	-	-	-	-
Borrowings under Revolving Credit Facility
425,000	-	-	-	0	-	-	-	-	-	-	-	-	-
Repayments under Revolving Credit Facility
75,000	-	-	-	0	-	-	-	-	-	-	-	-	-
Stock repurchase
0	24,000	175,000	209,000	248,000	349,000	351,000	63,000	0	-	-	-	-	-
Dividends paid to stockholders
66,000	62,000	61,000	59,000	61,000	0	0	0	0	-	-	-	-	-
Debt tender offer and other financing fees
5,000	33,000	24,000	82,000	64,000	20,000	170,000	46,000	0	-	-	-	-	-
Special Dividend
-	-	-	-	-	-	-	-	-	-	-	-	-	992,000
Other, net
-4,000	0	7,000	-1,000	0	2,000	6,000	3,000	1,000	-2,000	0	5,000	-5,000	-2,000
Cash provided by (used in) financing activities
52,000	-453,000	-614,000	174,000	-344,000	-551,000	-729,000	-1,434,000	-9,000	-164,000	-10,000	-9,000	-18,000	6,000
Net change in cash, cash equivalents and restricted cash
320,000	-278,000	-253,000	418,000	-105,000	-177,000	54,000	-1,122,000	-108,000	281,000	65,000	40,000	72,000	-6,000
Successor
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-163,000
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	285,000
Deferred income tax expense (benefit), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-76,000
Unrealized net (gain) loss from mark-to-market valuations of interest rate swaps
-	-	-	-	-	-	-	-	-	-	-	-	-	-11,000
Gain on extinguishment of liabilities subject to compromise
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net loss from adopting fresh start reporting
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Contract claims adjustments of Predecessor
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Impairment of long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Unrealized net (gain) loss from mark-to-market valuations of commodities
-	-	-	-	-	-	-	-	-	-	-	-	-	-165,000
Change in asset retirement obligation liability
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Accretion expense
-	-	-	-	-	-	-	-	-	-	-	-	-	6,000
Write-off of intangible and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Impacts of Tax Receivables Agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	22,000
Share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-1,000
Affiliate accounts receivable/payable — net
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Accounts receivable — trade
-	-	-	-	-	-	-	-	-	-	-	-	-	-135,000
Inventories
-	-	-	-	-	-	-	-	-	-	-	-	-	-3,000
Accounts payable — trade
-	-	-	-	-	-	-	-	-	-	-	-	-	-79,000
Commodity and other derivative contractual assets and liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	48,000
Margin deposits, net
-	-	-	-	-	-	-	-	-	-	-	-	-	193,000
Accrued interest
-	-	-	-	-	-	-	-	-	-	-	-	-	32,000
Accrued taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	12,000
Accrued employee incentive
-	-	-	-	-	-	-	-	-	-	-	-	-	24,000
Alcoa contract settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Tax Receivable Agreement payment
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Major plant outage deferral
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other — net assets
-	-	-	-	-	-	-	-	-	-	-	-	-	2,000
Other — net liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-54,000
Cash provided by (used in) operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	81,000
Capital expenditures, including LTSA prepayments
-	-	-	-	-	-	-	-	-	-	-	-	-	48,000
Nuclear fuel purchases
-	-	-	-	-	-	-	-	-	-	-	-	-	41,000
Development and growth expenditures
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Lamar and Forney acquisition — net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Cash acquired in the Merger
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Odessa Acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Changes in restricted cash (Predecessor)
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Proceeds from sales of nuclear decommissioning trust fund securities
-	-	-	-	-	-	-	-	-	-	-	-	-	25,000
Investments in nuclear decommissioning trust fund securities
-	-	-	-	-	-	-	-	-	-	-	-	-	30,000
Notes/advances due from affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-1,000
Cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-93,000
Issuances of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Repayments/repurchases of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net borrowings under accounts receivable securitization program
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Stock repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Debt tender offer and other debt financing fee
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Incremental Term Loan B Facility
-	-	-	-	-	-	-	-	-	-	-	-	-	1,000,000
Special Dividend
-	-	-	-	-	-	-	-	-	-	-	-	-	992,000
Net proceeds from issuance of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Payments to extinguish claims of TCEH first lien creditors
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Cash distributed for TCEH unsecured claims
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Borrowings under TCEH DIP Roll Facilities and DIP Facility
-	-	-	-	-	-	-	-	-	-	-	-	-	0
TCEH DIP Roll Facilities and DIP Facility financing fees
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-2,000
Cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	6,000
Net change in cash, cash equivalents and restricted cash (Successor)
-	-	-	-	-	-	-	-	-	-	-	-	-	-6,000