Erin Energy Corp. Cashflow Statement

Ask AI

Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated statements of cash flows

In millions of USD, except per-share amounts

	FY2017 12 months to Dec 31, 2017	FY2016 12 months to Dec 31, 2016	FY2015 12 months to Dec 31, 2015	FY2014 12 months to Dec 31, 2014	FY2013 12 months to Dec 31, 2013
Cash flows from operating activities
Net loss, before non-controlling interest
Depreciation, depletion and amortization
Adjustments to reconcile net loss to cash provided by (used in) operating activities:
Depreciation, depletion and amortization
Impairment of oil and gas properties
Write-off of suspended exploratory well costs
Asset retirement obligation accretion
Amortization of debt issuance costs
Loss on settlement of asset retirement obligations
Related party liability offset
Unrealized currency transaction gain
Loss on disposal of other property and equipment
Gain on sale of oil and gas properties
Gain on fair value of derivative liability
Share-based compensation
Currency transaction (gain) loss
Payments to settle asset retirement obligations
Other
Settlement of accounts payable and accrued expenses
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable
(Increase) decrease in crude oil inventory
Increase (decrease) in accounts payable
Increase (decrease) in accrued expenses
(Increase) decrease in prepaids and other current assets
Increase in other non-current assets
Increase in accounts payable and accrued liabilities

Net cash provided by (used in) operating activities
Net cash provided by operating activities

Cash flows from investing activities
Capital expenditures
Allied transaction
Net cash used in investing activities
Proceeds from note payable - related party
Cash flows from financing activities
Proceeds from the issuance of common stock
Proceeds from the exercise of stock options and warrants
Proceeds from term loan facility
Payments for treasury stock arising from withholding taxes upon restricted stock vesting and exercise of stock options
Proceeds from MCB Finance Facility
Repayments of MCB Finance Facility
Proceeds from JSC 2017 Note
Repayments of term loan facility
Proceeds from note payable - related party, net
Proceeds from short-term note payable
Proceeds from short-term notes payable - related party
Repayment of short-term note payable
Debt issuance costs
Funds released from restricted cash, net
Funds restricted for debt service
Allied Transaction adjustments
Funding from non-controlling interest
Net cash provided by financing activities

Effect of exchange rate on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
Cash paid for:
Interest, net
Interest, net of amounts capitalized
Supplemental disclosure of non-cash investing and financing activities:
Issuance of common shares for settlement of liabilities
Discount on notes payable pursuant to issuance of warrants
Reduction in oil and gas properties arising from settlement of accounts payable and accrued liabilities
Reduction in accounts payable from settlement of Northern Offshore contingency
Receivable from non-controlling interest
Shares issued for services
Non-cash gain from asset retirement obligation extinguishment
Change in asset retirement obligation estimate
Net assets contributed by parent

Comments