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Delek Logistics Partners, LP (DKL)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q10-K8-K10-Q10-Q10-K10-Q
Cash flows from operating activities:          
    Net income  31.937.4  32.239.541.743.6
    Adjustments to reconcile net income to net cash from operating activities:          
        Depreciation and amortization  23.721.1  13.410.311.910.2
        Non-cash lease expense  2.22.2  9.71.82.72.5
        Amortization of customer contract intangible assets  1.81.8  1.81.81.81.8
        Amortization of deferred revenue  -0.4-0.4-1.8 -0.4-0.4-0.5-0.6
        Amortization of deferred financing costs and debt discount  1.21.1  0.90.80.80.8
        Income from equity method investments  -7.3-6.3-31.7 -7.1-7.0-6.6-7.3
        Dividends from equity method investments  7.89.2  7.16.66.06.5
        Other non-cash adjustments  0.90.8  0.60.5  
        Changes in assets and liabilities:          
            Accounts receivable  -5.32.2-9.1 5.3-5.03.0-0.4
            Inventories and other current assets  -0.2-1.5  0.20.1-0.1-0.4
            Accounts payable and other current liabilities  -9.8-36.4  -16.314.2-14.212.0
            Accounts receivable/payable to related parties  -11.9-1.6-58.4 41.2-14.119.77.7
            Non-current assets and liabilities, net  -0.1-0.3-2.8 -3.4-1.2-13.9-2.8
                Net cash provided by operating activities  34.629.2  85.147.952.974.8
   
Cash flows from investing activities:          
    Purchases of property, plant and equipment  -27.6-27.8-141.1 -24.9-10.6-10.7-3.6
    Proceeds from sales of property, plant and equipment  0.5   0.00.0 0.1
    Purchases of intangible assets  -0.8-0.6-5.6 -1.4-2.4-1.70.1
    Business Combination, net of cash acquired    -625.6 -621.8   
    Distributions from equity method investments   1.4  1.20.62.50.8
        Net cash used in investing activities  -27.9-27.0-770.4 -646.9-12.5-8.4-2.8
   
Cash flows from financing activities:          
    Distributions to common unitholders - public  -9.5-9.4-35.9 -9.0-8.6-8.3-8.2
    Distributions to common unitholders - Delek Holdings  -35.2-35.0-135.2 -33.6-33.8-33.0-32.7
    Proceeds from revolving facility  95.0143.5  753.9113.6105.087.7
    Payments on revolving facility  -54.6-93.4-1,289.8 -137.1-107.5-107.9-115.6
    Deferred financing costs paid  -1.2-0.4-8.2 -0.7  0.1
    Payments on financing lease liabilities  -0.7-0.7-2.9 -0.7-0.7-0.9-0.6
        Net cash (used in) provided by financing activities  -9.90.8  572.8-37.0-45.1-69.3
    Net (decrease) increase in cash and cash equivalents  -0.3   9.5   
Cash and cash equivalents at the beginning of the period     4.3    
Cash and cash equivalents at the end of the period     4.3    
   
Supplemental disclosures of cash flow information:          
    Cash paid during the period for:          
        Interest  45.220.2  26.22.125.52.1
        Income taxes  0.0   0.0   
        Non-cash investing activities:          
            Increase in accrued capital expenditures and other  0.1   0.3   
        Non-cash financing activities:          
            Non-cash lease liability arising from obtaining right of use assets during the period   3.5  8.4 0.73.2

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