Summit Midstream Partners, LP 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

	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021	FY2020 12 months to Dec 31, 2020	FY2019 12 months to Dec 31, 2019
Cash flows from operating activities:
Net loss
Double E
Total net loss
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization
Noncash lease expense
Amortization of debt issuance costs
Deferred Purchase Price Obligation
Unit-based and noncash compensation
Income from equity method investees
Distributions from equity method investees
Double E
Total distributions from equity method investees
(Gain) loss on extinguishment of debt
Gain on asset sales, net
Foreign currency gain
Loss on earn-out
Loss on sale of business
Loss on extinguishment of debt
Loss on ECP Warrants and other
Unrealized (gain) loss on interest rate swaps
Long-lived asset impairment
Goodwill impairment
Early extinguishment of debt
Write-off of debt issuance costs

Changes in operating assets and liabilities:
Accounts receivable
Trade accounts payable
Accrued expenses
Due from (to) affiliate
Deferred revenue
Ad valorem taxes payable
Accrued interest
Accrued environmental remediation, net
Other, net

Net cash provided by operating activities
Cash flows from investing activities:
Capital expenditures
Cash consideration paid for the acquisition, net of cash acquired
Outrigger DJ
Sterling DJ
Proceeds from sale of business, net of cash sold in transaction
Lane G&P System
Bison Midstream, LLC
Proceeds from asset sale
Contributions to equity method investees
Distribution from equity method investment
Investment in Double E equity method investee
Double E
Total investment in Double E equity method investee
Purchase of noncontrolling interest
Other, net
Net cash used in investing activities

Cash flows from financing activities:
Borrowings on 2026 Unsecured Notes
Repurchase of 2025 Senior Notes
Borrowings on 2026 Secured Notes
Repayment of 2022 Senior Notes
Borrowings from Permian Transmission Credit Facility
Proceeds under credit facilities
Repayments on Permian Transmission Term Loan
Borrowings on ABL Facility
Repayments on ABL Facility
Net cash distributions to noncontrolling interest SMLP unitholders
Series A Preferred Unit distributions
Series A Preferred Units
Double E
Total series A Preferred Unit distributions

Net cash distributions to Energy Capital Partners
Repayments of Revolving Credit Facility
Repayment of Deferred Purchase Price Obligation
Transaction costs
Repayments on SMPH Term Loan before TL Restructuring
Repurchases of Senior Notes
Open Market Repurchases
Tender Offers
TL Restructuring
Senior Secured Term Loan Due May 2022
Total tL Restructuring

Proceeds from issuance of Subsidiary Series A Preferred Units, net of issuance costs
Contribution from General Partner
Preferred Tender
Borrowings under ECP Loans
Repayment of ECP Loans
Purchase of common units in GP Buy-In Transaction
Debt issuance costs
Payment of redemption and call premiums on senior notes
Proceeds from ATM Program common unit issuances, net of costs
Payment for Debt Extinguishment or Debt Prepayment Cost
Distributions on Subsidiary Series A Preferred Units
Proceeds from asset sale
Other, net
Net cash provided by financing activities

Net change in cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash, beginning of period
Cash, cash equivalents and restricted cash, end of period
Cash interest paid
Less capitalized interest
Double E
Total less capitalized interest

Interest paid (net of capitalized interest)
Cash paid for taxes
Capital expenditures in trade accounts payable (period-end accruals)
DPPO partial settlement
Asset contribution to an equity method investment
Capital expenditures relating to contributions in aid of construction for Topic 606 day 1 adoption
Right-of-use assets relating to Topic 842

Comments