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Income Statement
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Cash Flow Statement
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USA Compression Partners, LP (USAC)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Cash flows from operating activities:          
    Net income (loss)  30.310.3-594.739.1-10.6-264.7 -154.3
    Adjustments to reconcile net income (loss) to net cash from operating activities:          
        Depreciation and amortization  236.7238.8239.0231.4213.7166.6155.185.2
        Provision for expected credit losses  -0.7-2.73.71.10.6-1.8-0.6 
        Amortization of debt issuance costs  7.39.88.47.65.1  1.7
        Unit-based compensation expense  15.915.58.410.811.74.03.53.9
        Deferred income tax expense (benefit)  -0.20.00.51.4-2.71.8-0.2 
        Loss (gain) on disposition of assets  1.5-2.60.10.913.0-0.40.1-1.0
        Impairment of compression equipment  1.55.18.15.98.7  27.3
        Impairment of goodwill    619.4  223.0 172.2
        Changes in assets and liabilities:          
            Accounts receivable and related-party receivables, net  30.00.123.5-5.7-50.09.325.6-0.4
            Inventories  -31.6-12.6-11.7-25.1-6.7-0.7-0.5-14.3
            Prepaid expenses and other current assets  -2.8-3.6-0.2-0.69.3-3.6-0.2 
            Other assets  3.53.53.22.6-0.10.00.00.0
            Accounts payable  7.59.0-3.7-5.8-5.12.5-2.3-3.3
            Accrued liabilities and deferred revenue  -38.4-5.2-10.736.9    
            Other liabilities    0.00.0-4.90.2-1.8 
                Net cash provided by operating activities  260.6265.4293.2300.6226.3136.0130.1117.4
   
Cash flows from investing activities:          
    Capital expenditures, net  -134.2-45.2-109.1-171.1-266.6-157.3-61.6-281.1
    Proceeds from disposition of property and equipment  3.74.52.622.57.514.824.81.7
    Proceeds from insurance recovery  0.61.61.34.20.4  1.2
        Net cash used in investing activities  -129.9-39.2-105.1-144.5-779.7-142.5-36.8-278.2
   
Cash flows from financing activities:          
    Proceeds from revolving credit facility  844.5697.7777.5852.3697.7   
    Payments on revolving credit facility  -714.9-655.1-706.4-1,499.1-467.2   
    Cash paid related to net settlement of unit-based awards  -3.0-3.2-1.1     
    Cash distributions        -90.4 
    Deferred financing costs  -0.5-10.0-3.9-13.7-17.7  -3.4
    Other  -0.5-0.6-0.8-1.0    
        Net cash used in financing activities  -130.6-226.2-188.1-156.2549.4-3.7-90.4160.8
    Increase (decrease) in cash and cash equivalents  0.00.00.0     
   
Supplemental cash flow information:          
    Cash paid for interest, net of capitalized amounts  129.0120.6120.7105.461.0  17.1
    Cash paid for income taxes  0.90.80.60.50.2  0.3
    Supplemental non-cash transactions:          
        Non-cash distributions to certain common unitholders (DRIP)  2.11.81.91.00.6   
        Transfers from inventories to property and equipment  22.310.817.421.8    
        Changes in capital expenditures included in accounts payable and accrued liabilities  6.50.7-8.6     
        Changes in financing costs included in accounts payable and accrued liabilities  -0.30.40.1     
        Exercise and conversion of warrants into common units  5.2       

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