Westmoreland resource partners, lp (WMLP)
CashFlow / TTM
Dec'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
Cash flows from operating activities:
Net loss

-139,183

-143,168

-127,221

-35,814

-31,751

-16,556

-19,471

-31,544

-31,585

-35,983

-44,426

-36,356

-33,688

-25,102

-3,024

-27

-4,406

-12,730

-27,218

-27,990

-23,700

-21,415

-19,326

-16,645

-26,053

0

0

0

-

-

-

-

Adjustments to reconcile net loss to net cash provided by operating activities:
Net loss attributable to unitholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Depreciation, depletion and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

40,853

43,634

46,372

48,081

49,911

51,004

50,421

51,170

52,255

52,468

53,476

51,905

0

0

0

Depreciation, depletion and amortization

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advance royalty recoupment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Accretion of asset retirement obligations

7,702

6,729

6,249

5,837

5,370

5,417

5,511

5,578

5,618

5,499

5,346

5,212

5,085

2,070

1,393

683

0

2,335

2,360

2,350

2,293

2,061

1,820

1,694

1,567

0

0

0

-

-

-

-

Interest rate swap adjustment to market

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

-38

225

-5

144

222

-32

112

-48

0

0

0

Non-cash interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization and write-off of deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,956

3,795

4,284

3,986

0

0

0

-

-

-

-

-

-

-

-

Equity-based compensation

52

-112

-29

52

0

0

0

0

-

-

-

-

-

-

-

0

-

1,734

1,623

1,574

1,441

1,386

1,525

1,323

1,262

1,189

944

975

1,077

0

0

0

Change in fair value of warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,336

-6,899

-2,865

-3,280

0

0

0

-

-

-

-

-

-

-

-

Loss on impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,783

824

974

1,695

1,761

2,819

2,875

7,436

15,650

0

0

0

-

-

-

-

Impairment charges

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash interest expense

14,025

15,391

9,487

9,446

9,344

9,317

9,300

9,242

9,215

9,119

8,747

7,799

6,857

0

0

0

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Amortization of deferred financing costs

2,100

2,785

2,813

2,700

2,872

2,864

2,858

2,851

2,672

2,778

2,726

2,430

2,308

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of below-market coal sales contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-60

-140

-261

-458

-623

0

0

0

-

-

-

-

Amortization of below-market coal sales contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-60

-140

-261

-458

-623

0

0

0

-

-

-

-

Loss on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-852

0

453

1,560

6,702

6,488

10,459

8,995

8,780

8,021

4,043

3,884

-2,363

-1,352

0

0

0

Accounts payable and accrued expenses

1,816

616

2,188

3,540

1,993

-1,912

-2,563

-1,977

525

-1,041

-301

755

-757

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Noncontrolling interest in subsidiary earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Receivables, net

-843

-18,242

-13,407

-5,872

-10,220

2,542

-581

-5,249

5,035

5,313

12,082

69

-6,824

-4,963

-18,046

-4,905

300

-3,313

763

-2,504

6,058

-2,145

-5,213

-4,960

-8,596

-2,830

997

4,420

280

0

0

0

Inventories

-2,983

-1,612

-3,595

-4,070

-3,211

-4,810

-2,987

-4,169

-6,451

-6,568

-7,631

-2,665

-1,545

-1,832

1,250

-3,135

0

3,023

1,988

3,761

778

-413

-3,251

-1,381

554

-1,002

-1,285

-3,031

-1,731

0

0

0

Accounts payable and accrued expenses

17,652

2,110

-3,002

1,718

-1,697

2,507

3,125

-6,003

-6,360

-14,273

-18,233

-16,443

-11,565

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest payable

-1,083

401

-88

-223

-293

-36

493

566

455

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-217

-450

-135

-1,411

-406

-523

2,172

2,421

3,547

2,301

0

-1,372

-2,513

0

0

0

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Other assets and liabilities

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrual for postretirement medical benefit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets and liabilities

-

-

-

-

-

-

-

-

-

-

-

-

1,697

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advance royalties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

2,033

1,224

1,794

809

841

452

0

0

0

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,836

-1,988

-2,768

-2,962

-2,554

-4,084

-1,759

1

0

0

0

-

-

-

-

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Asset retirement obligations

-11,848

-11,065

-12,319

-12,521

-12,278

-12,528

-11,509

-11,460

-11,035

-7,131

-6,352

-4,979

-4,302

-1,208

-580

-163

0

-4,761

-6,199

-7,184

-8,222

-9,390

-7,735

-9,064

-8,966

-8,637

-11,906

-8,088

-5,491

0

0

0

Accrued taxes other than income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-134

-80

-104

80

0

0

0

-

-

-

-

-

-

-

-

Accrued payroll and related expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-228

-748

1,766

1,760

0

0

0

-

-

-

-

-

-

-

-

Other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-407

170

-433

-47

1,566

-613

-1,316

-1,513

0

0

0

-

-

-

-

Provision for below-market contracts and deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash provided by operating activities

11,026

15,296

16,682

31,567

39,696

38,495

46,652

41,375

41,082

28,605

11,734

23,700

31,994

-3,702

27,463

17,035

-1,820

33,459

20,426

15,256

9,676

23,756

21,699

27,634

33,587

23,867

18,067

24,808

41,288

0

0

0

Cash flows from investing activities:
Additions to property, plant, equipment and other

6,187

5,363

4,543

6,746

8,446

15,511

16,091

13,243

11,566

8,864

9,814

13,912

15,680

3,083

3,154

882

0

13,645

17,320

17,316

17,773

16,537

14,823

15,885

19,122

21,848

24,183

29,596

33,859

0

0

0

Advance royalties payments

274

1,234

1,373

1,415

1,593

1,571

1,413

1,370

1,111

1,135

1,136

1,138

4,386

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advance royalties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

1,252

123

0

0

0

-

-

-

-

Proceeds from sales of restricted investments

-

-

-

-

-

-

-

-

-

-

-5,365

-6,614

-9,862

1,071

-2,273

-1,286

0

360

-6,001

-332

40

-148

2,837

-2,868

-1,811

-3,034

5,022

3,823

2,179

0

0

0

Proceeds from sales of restricted investments

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of restricted investments

11,578

11,582

7,008

7,166

11,467

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of coal reserves and land

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,523

1,523

1,521

1,532

88

88

88

125

15

29

104

1,088

0

0

0

Mine development costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,311

1,705

2,174

3,027

3,292

3,708

3,626

3,440

4,774

4,442

4,856

5,196

0

0

0

Net proceeds from sales of assets

2,452

2,213

1,133

734

1,141

1,215

1,375

1,314

1,121

585

613

587

395

-3,443

-3,463

-272

0

3,891

3,774

6,692

6,424

10,158

10,704

10,965

12,417

0

0

0

-

-

-

-

Net cash used in investing activities

-4,764

-4,807

-3,175

-7,731

-10,707

-17,829

-18,416

-15,711

-14,690

-12,636

-130,041

-132,918

-134,878

-122,788

-7,400

-3,403

83

-13,588

-13,753

-11,284

-12,873

-9,416

-5,612

-6,251

-9,870

-10,452

-21,214

-32,643

-38,198

0

0

0

Cash flows from financing activities:
Repayments of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56,072

57,575

51,891

9,940

10,921

10,920

7,043

7,114

6,231

0

0

0

Redemption of noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

27,500

38,200

48,088

53,588

53,588

48,888

46,000

51,000

52,000

68,000

68,000

62,000

0

0

0

Cash distributions to unitholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings from long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of long-term debt

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs and other refinancing costs

-

-

-

-

-

-

-

-

-

-

-

-

3,613

11,292

8,464

8,464

8,437

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Transactions with Westmoreland Coal Company

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash distributions to unitholders

0

172

370

568

758

775

4,898

9,019

10,012

14,054

10,917

7,781

6,598

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition under common control of Johnson Run

0

0

0

0

1,526

1,526

1,526

1,526

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital contributions from partners

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

23

23

26

28

0

0

0

Collateral for reclamation bonds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Distributions to partners

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,777

0

0

0

-

-

-

-

Distributions to partners

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Distributions to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,901

0

0

0

Net cash used in financing activities

-5,793

-8,280

-7,481

-7,172

-8,170

-7,771

-12,183

-15,659

-15,008

-18,682

111,052

116,092

100,590

133,704

-7,642

-13,394

7,741

-15,155

-9,183

-4,674

2,309

-17,853

-10,661

-17,558

-22,772

-7,822

2,549

5,608

-947

0

0

0

Net increase in cash and cash equivalents, including restricted cash

469

2,209

6,026

16,664

20,819

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosures of cash flow information:
Cash paid for interest

25,307

28,255

32,552

31,908

31,231

30,518

29,602

29,110

28,734

29,490

26,585

23,592

20,740

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash transactions:
Accrued purchases of property and equipment

0

1,922

1,633

1,510

1,227

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, plant and equipment acquired with debt

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset retirement obligations capitalized in mine development

-

-

-

-

-

-

-

-

-

-

0

6,578

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Market value of common units vested in LTIP

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Economic value of Series A convertible unit distributions

-

-

0

0

-

-

0

0

-

-

3,050

3,050

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-

11,384

-2,713

-7,255

6,874

-2,294

7,214

12,421

238

6,004

4,716

-2,510

-702

-888

-3,513

5,426

3,825

945

5,593

-598

-2,227

2,143

0

0

0