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Delek Logistics Partners, LP (DKL)

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-K/A10-K10-K10-K10-K
Cash flows from operating activities:          
    Net income  159.1164.8159.396.790.269.462.866.2
    Adjustments to reconcile net income to net cash from operating activities:          
        Depreciation and amortization  63.042.835.726.726.021.920.819.7
        Non-cash lease expense  16.39.76.10.2    
        Amortization of customer contract intangible assets  7.27.27.27.26.0   
        Amortization of deferred revenue  -1.8-2.0-1.9-1.7-1.5-1.2-1.1 
        Amortization of deferred financing costs and debt discount  3.93.02.42.62.62.01.51.5
        Income from equity method investments  -31.7-24.6-22.7-19.8-6.2-5.01.20.6
        Dividends from equity method investments  23.020.825.416.16.92.3  
        Other non-cash adjustments  2.72.01.31.80.70.60.60.4
        Changes in assets and liabilities:          
            Accounts receivable  -9.10.3-2.58.41.4-3.815.8-7.2
            Inventories and other current assets  2.20.111.4-7.715.2-11.72.0-0.9
            Accounts payable and other current liabilities  18.6-1.9-13.5-4.8-1.710.93.6-13.7
            Accounts receivable/payable to related parties  -58.467.2-14.61.19.01.7-7.01.7
            Non-current assets and liabilities, net  -2.8-14.2-0.63.73.03.80.40.0
                Net cash provided by operating activities  192.2275.2193.0130.4153.091.2100.768.0
   
Cash flows from investing activities:          
    Purchases of property, plant and equipment  -141.1-23.1-13.3 -12.9-18.2-11.3-20.0
    Proceeds from sales of property, plant and equipment  0.10.30.10.10.50.00.21.2
    Purchases of intangible assets  -5.6-1.00.0 -144.2-2.6  
    Business Combination, net of cash acquired  -625.6       
    Distributions from equity method investments  1.78.82.70.81.20.8  
        Net cash used in investing activities  -770.4-16.4-123.1-147.4-228.0-29.9-72.7-56.6
   
Cash flows from financing activities:          
    Distributions to common unitholders - public  -35.9-32.5-31.5-30.6-27.7-26.0-23.8-20.8
    Distributions to common unitholders - Delek Holdings  -135.2-129.3-77.7-51.4-46.4-42.5-25.3 
    Proceeds from revolving facility  1,752.3341.0599.6564.7735.0277.1314.8396.4
    Payments on revolving facility  -1,289.8-829.6-441.4-433.0-458.2-489.8-273.8-296.6
    Deferred financing costs paid  -8.2-6.2  -5.3-6.0  
    Payments on financing lease liabilities  -2.9-2.2      
        Net cash (used in) provided by financing activities  581.9-258.8-71.218.074.9-56.7-28.0-13.3
   
Supplemental disclosures of cash flow information:          
    Cash paid during the period for:          
        Interest  78.144.640.644.839.019.412.29.0
        Income taxes  0.00.00.10.10.10.10.20.0
        Non-cash investing activities:          
        Non-cash financing activities:          
            Non-cash lease liability arising from obtaining right of use assets during the period  12.79.532.11.3    

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