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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  69.369.5  157.0168.1164.8163.9
    Adjustments to reconcile net income to net cash from operating activities:          
        Depreciation and amortization  44.834.5  45.842.442.842.1
        Non-cash lease expense  4.411.9  16.69.49.710.8
        Amortization of customer contract intangible assets  3.63.6  7.27.27.27.2
        Amortization of deferred revenue  -2.7-2.7-2.7 -1.9-1.9-2.0-1.9
        Amortization of deferred financing costs and debt discount  2.32.1  3.53.23.02.8
        Income from equity method investments  -45.3-45.1-45.8 -28.0-27.6-24.6-23.8
        Dividends from equity method investments  17.016.3  26.223.720.822.7
        Other non-cash adjustments  1.71.4  1.10.5  
        Changes in assets and liabilities:          
            Accounts receivable  -12.2-1.6-8.8 3.0-8.00.3-0.9
            Inventories and other current assets  -1.7-1.3  -0.2-0.90.1-1.2
            Accounts payable and other current liabilities  -46.2-52.7  -4.412.6-1.96.5
            Accounts receivable/payable to related parties  -71.8-18.7-31.3 54.545.767.251.9
            Non-current assets and liabilities, net  -3.2-6.5-7.4 -21.3-14.9-14.2-0.5
                Net cash provided by operating activities  63.8114.3  260.7261.4275.2280.6
   
Cash flows from investing activities:          
    Purchases of property, plant and equipment  -196.5-193.8-176.6 -49.8-27.5-23.1-18.7
    Proceeds from sales of property, plant and equipment  0.5   0.10.2 0.3
    Purchases of intangible assets  -7.0-7.6-9.4 -5.4-4.3-2.3-0.6
    Business Combination, net of cash acquired    -1,247.4 -621.8   
    Distributions from equity method investments   2.6  5.15.48.86.3
        Net cash used in investing activities  -825.3-1,444.3-1,429.8 -670.5-24.9-16.4-14.7
   
Cash flows from financing activities:          
    Distributions to common unitholders - public  -54.8-54.3-53.4 -34.1-33.1-32.5-32.0
    Distributions to common unitholders - Delek Holdings  -205.4-203.8-202.7 -133.1-131.5-129.3-127.7
    Proceeds from revolving facility  238.5897.4  1,060.2377.1341.0319.7
    Payments on revolving facility  -1,437.8-1,520.3-1,534.4 -468.1-850.5-829.6-819.5
    Deferred financing costs paid  -9.8-9.3-8.9 -0.6  -6.2
    Payments on financing lease liabilities  -4.3-4.3-4.3 -2.9-2.9-2.2-1.4
        Net cash (used in) provided by financing activities  -9.2573.6  421.4-247.1-258.8-267.1
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  65.446.4  55.841.844.632.9
        Income taxes  0.0   0.0   
        Non-cash investing activities:          
        Non-cash financing activities:          
            Non-cash lease liability arising from obtaining right of use assets during the period   11.9  12.3 9.524.2

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