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Guarantor Subsidiaries Financial Information
12 Months Ended
Dec. 31, 2014
Guarantor Subsidiaries Financial Information [Abstract]  
Additional Financial Information Disclosure [Text Block]
NOTE 26—GUARANTOR SUBSIDIARIES FINANCIAL INFORMATION:
The payment obligations under the $1,014,800, 8.250% per annum senior notes due April 1, 2020, the $250,000, 6.375% per annum senior notes due March 1, 2021 and the $1,856,506, 5.875% per annum senior notes due April 15, 2022 issued by CONSOL Energy are jointly and severally, and also fully and unconditionally guaranteed by substantially all subsidiaries of CONSOL Energy. In accordance with positions established by the Securities and Exchange Commission (SEC), the following financial information sets forth separate financial information with respect to the parent, CNX Gas, a guarantor subsidiary, the remaining guarantor subsidiaries and the non-guarantor subsidiaries. The principal elimination entries include investments in subsidiaries and certain intercompany balances and transactions. CONSOL Energy, the parent, and a guarantor subsidiary manage several assets and liabilities of all other wholly owned subsidiaries. These include, for example, deferred tax assets, cash and other post-employment liabilities. These assets and liabilities are reflected as parent company or guarantor company amounts for purposes of this presentation.

Income Statement for the Year Ended December 31, 2014: 
 
Parent
Issuer
 
CNX Gas
Guarantor
 
Other
Subsidiary
Guarantors
 
Non-
Guarantors
 
Elimination
 
Consolidated
Revenues and Other Income:
 
 
 
 
 
 
 
 
 
 
 
Natural Gas, NGLs and Oil Sales
$

 
$
1,030,574

 
$

 
$

 
$
(2,457
)
 
$
1,028,117

Coal Sales

 

 
2,052,166

 

 

 
2,052,166

Other Outside Sales

 

 
41,255

 
234,987

 

 
276,242

Gas Royalty Interests and Purchased Gas Sales

 
91,427

 

 

 

 
91,427

Freight-Outside Coal

 

 
28,148

 

 

 
28,148

Miscellaneous Other Income
458,322

 
67,308

 
130,072

 
9,668

 
(458,267
)
 
207,103

Gain (Loss) on Sale of Assets

 
45,917

 
(2,337
)
 
21

 

 
43,601

Total Revenue and Other Income
458,322

 
1,235,226

 
2,249,304

 
244,676

 
(460,724
)
 
3,726,804

Costs and Expenses:
 
 
 
 
 
 
 
 
 
 
 
Exploration and Production Costs
 
 
 
 
 
 
 
 
 
 
 
Lease Operating Expense

 
118,391

 

 

 

 
118,391

Transportation, Gathering and Compression

 
258,110

 

 

 

 
258,110

Production, Ad Valorem, and Other Fees

 
39,418

 

 

 

 
39,418

Direct Administrative and Selling

 
55,092

 

 

 

 
55,092

Depreciation, Depletion and Amortization

 
314,381

 

 

 

 
314,381

Exploration and Production Related Other Costs

 
23,356

 

 

 

 
23,356

Production Royalty Interests and Purchased Gas Costs

 
77,197

 

 

 
(12
)
 
77,185

Other Corporate Expenses

 
86,499

 

 

 

 
86,499

General and Administrative

 
64,047

 

 

 

 
64,047

Total Exploration and Production Costs

 
1,036,491

 

 

 
(12
)
 
1,036,479

Coal Costs
 
 
 
 
 
 
 
 
 
 
 
Operating and Other Costs
23,524

 

 
1,328,766

 

 
(2,458
)
 
1,349,832

Royalties and Production Taxes

 

 
100,890

 

 

 
100,890

Direct Administrative and Selling

 

 
44,185

 

 

 
44,185

Depreciation, Depletion and Amortization
558

 

 
254,356

 

 

 
254,914

Freight Expense

 

 
28,148

 

 

 
28,148

General and Administrative Costs

 

 
45,160

 

 

 
45,160

Other Corporate Expenses
55,321

 

 

 

 

 
55,321

Total Coal Costs
79,403

 

 
1,801,505

 

 
(2,458
)
 
1,878,450

Other Costs
 
 
 
 
 
 
 
 
 
 
 
Miscellaneous Operating Expense
76,124

 

 

 
231,112

 

 
307,236

General and Administrative Costs

 

 

 
788

 

 
788

Depreciation, Depletion and Amortization
82

 

 

 
1,814

 

 
1,896

Loss on Debt Extinguishment
95,267

 

 

 

 

 
95,267

Interest Expense
220,068

 
9,021

 

 
235

 
(5,760
)
 
223,564

Total Other Costs
391,541

 
9,021

 

 
233,949

 
(5,760
)
 
628,751

Total Costs And Expenses
470,944

 
1,045,512

 
1,801,505

 
233,949

 
(8,230
)
 
3,543,680

Earnings (Loss) Before Income Tax
(12,622
)
 
189,714

 
447,799

 
10,727

 
(452,494
)
 
183,124

Income Taxes
(175,712
)
 
66,441

 
119,559

 
4,059

 

 
14,347

Income (Loss) From Continuing Operations
163,090

 
123,273

 
328,240

 
6,668

 
(452,494
)
 
168,777

Loss From Discontinued Operations, net

 

 

 
(5,687
)
 

 
(5,687
)
Net Income (Loss) Attributable to CONSOL Energy Shareholders
$
163,090

 
$
123,273

 
$
328,240

 
$
981

 
$
(452,494
)
 
$
163,090


Balance Sheet for December 31, 2014: 
 
Parent
Issuer
 
CNX Gas
Guarantor
 
Other
Subsidiary
Guarantors
 
Non-
Guarantors
 
Elimination
 
Consolidated
Assets:
 
 
 
 
 
 
 
 
 
 
 
Current Assets:
 
 
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
$
145,239

 
$
30,682

 
$

 
$
1,068

 
$

 
$
176,989

Accounts and Notes Receivable:
 
 
 
 
 
 
 
 
 
 
 
Trade

 
117,912

 

 
141,905

 

 
259,817

Other Receivables
25,497

 
309,247

 
12,390

 
12

 

 
347,146

Inventories

 
14,748

 
87,125

 

 

 
101,873

Deferred Income Taxes
99,776

 
(33,207
)
 

 

 

 
66,569

Recoverable Income Taxes
79,426

 
(59,025
)
 

 

 

 
20,401

Prepaid Expenses
38,418

 
129,796

 
25,341

 

 

 
193,555

Total Current Assets
388,356

 
510,153

 
124,856

 
142,985

 

 
1,166,350

Property, Plant and Equipment:
 
 
 
 
 
 
 
 
 
 
 
Property, Plant and Equipment
158,555

 
8,066,308

 
6,449,914

 

 

 
14,674,777

Less-Accumulated Depreciation, Depletion and Amortization
108,432

 
1,497,569

 
2,906,304

 

 

 
4,512,305

Total Property, Plant and Equipment-Net
50,123

 
6,568,739

 
3,543,610

 

 

 
10,162,472

Other Assets:
 
 
 
 
 
 
 
 
 
 
 
Investment in Affiliates
12,571,886

 
121,721

 
27,544

 

 
(12,568,193
)
 
152,958

Other
172,884

 
71,339

 
33,527

 

 

 
277,750

Total Other Assets
12,744,770

 
193,060

 
61,071

 

 
(12,568,193
)
 
430,708

Total Assets
$
13,183,249

 
$
7,271,952

 
$
3,729,537

 
$
142,985

 
$
(12,568,193
)
 
$
11,759,530

Liabilities and Equity:
 
 
 
 
 
 
 
 
 
 
 
Current Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Accounts Payable
$
86,313

 
$
385,381

 
$
60,279

 
$

 
$

 
$
531,973

Accounts Payable (Recoverable)—Related Parties
4,499,174

 
182,758

 
(5,333,209
)
 
(68,873
)
 
720,150

 

Current Portion Long-Term Debt
2,485

 
6,602

 
3,929

 

 

 
13,016

Short-Term Notes Payable

 
720,150

 

 

 
(720,150
)
 

Other Accrued Liabilities
119,484

 
172,787

 
310,701

 

 

 
602,972

Total Current Liabilities
4,707,456

 
1,467,678

 
(4,958,300
)
 
(68,873
)
 

 
1,147,961

Long-Term Debt:
 
 
 
 
 
 
 
 
 
 
 
Long-Term Debt
3,123,187

 

 
113,235

 

 

 
3,236,422

Capital Lease Obligations
942

 
37,342

 
1,172

 

 

 
39,456

Total Long-Term Debt
3,124,129

 
37,342

 
114,407

 

 

 
3,275,878

Deferred Credits and Other Liabilities
 
 
 
 
 
 
 
 
 
 
 
Deferred Income Taxes
(148,925
)
 
474,517

 

 

 

 
325,592

Postretirement Benefits Other Than Pensions

 

 
703,680

 

 

 
703,680

Pneumoconiosis Benefits

 

 
116,941

 

 

 
116,941

Mine Closing

 

 
306,789

 

 

 
306,789

Gas Well Closing

 
116,930

 
58,439

 

 

 
175,369

Workers’ Compensation

 

 
75,947

 

 

 
75,947

Salary Retirement
109,956

 

 

 

 

 
109,956

Reclamation

 

 
33,788

 

 

 
33,788

Other
61,175

 
94,378

 
2,618

 

 

 
158,171

Total Deferred Credits and Other Liabilities
22,206

 
685,825

 
1,298,202

 

 

 
2,006,233

Total CONSOL Energy Inc. Stockholders’ Equity
5,329,458

 
5,081,107

 
7,275,228

 
211,858

 
(12,568,193
)
 
5,329,458

Total Liabilities and Equity
$
13,183,249

 
$
7,271,952

 
$
3,729,537

 
$
142,985

 
$
(12,568,193
)
 
$
11,759,530






Condensed Statement of Cash Flows For the Year Ended December 31, 2014:
 
Parent
 
CNX Gas
Guarantor
 
Other Subsidiary Guarantors
 
Non-
Guarantors
 
Elimination
 
Consolidated
Net Cash Provided by (Used in) Continuing Operations

$
(178,921
)
 
$
567,851

 
$
157,211

 
$
36,902

 
$
387,663

 
$
970,706

Net Cash Used In Discontinued Operating Activities

 

 

 
(33,926
)
 

 
(33,926
)
Net Cash Provided by (Used in) Operating Activities
$
(178,921
)
 
$
567,851

 
$
157,211

 
$
2,976

 
$
387,663

 
$
936,780

Cash Flows from Investing Activities:
 
 
 
 
 
 
 
 
 
 
 
Capital Expenditures
$
(4,420
)
 
$
(1,103,656
)
 
$
(385,349
)
 
$

 
$

 
$
(1,493,425
)
Proceeds From Sales of Assets
44,049

 
92,507

 
220,267

 
13

 

 
356,836

Investments in Equity Affiliates

 
85,248

 
9,959

 

 

 
95,207

Net Cash (Used in) Provided by Continuing Operations
$
39,629

 
$
(925,901
)
 
$
(155,123
)
 
$
13

 
$

 
$
(1,041,382
)
Cash Flows from Financing Activities:
 
 
 
 
 
 
 
 
 
 
 
(Payments on) Proceeds from Miscellaneous Borrowings
$
(12,135
)
 
$
387,663

 
$
(7,257
)
 
$
(2,630
)
 
$
(387,663
)
 
$
(22,022
)
Payments on Long Term Notes, including Redemption Premium
(1,843,866
)
 

 

 

 

 
(1,843,866
)
Proceeds from Issuance of Long-Term Notes
1,859,920

 

 

 

 

 
1,859,920

Tax Benefit from Stock-Based Compensation
2,629

 

 

 

 

 
2,629

Dividends Paid
(57,506
)
 

 

 

 

 
(57,506
)
Proceeds from Issuance of Common Stock
15,016

 

 

 

 

 
15,016

Other Financing Activities

 
(5,169
)
 
5,169

 

 

 

Net Cash (Used in) Provided by Continuing Operations
$
(35,942
)
 
$
382,494

 
$
(2,088
)
 
$
(2,630
)
 
$
(387,663
)
 
$
(45,829
)


Statement of Comprehensive Income for the Year Ended December 31, 2014:
 
Parent
 
CNX Gas
Guarantor
 
Other
Subsidiary
Guarantors
 
Non-
Guarantors
 
Elimination
 
Consolidated
Net Income (Loss)
$
163,090

 
$
123,273

 
$
328,240

 
$
981

 
$
(452,494
)
 
$
163,090

Other Comprehensive Income (Loss):
 
 
 
 
 
 
 
 
 
 
 
  Actuarially Determined Long-Term Liability Adjustments
94,989

 

 
94,989

 

 
(94,989
)
 
94,989

  Net Increase (Decrease) in the Value of Cash Flow Hedge
97,316

 
97,316

 

 

 
(97,316
)
 
97,316

  Reclassification of Cash Flow Hedge from OCI to Earnings
(18,288
)
 
(18,288
)
 

 

 
18,288

 
(18,288
)
Other Comprehensive Income (Loss):
174,017

 
79,028

 
94,989

 

 
(174,017
)
 
174,017

Comprehensive Income (Loss) Attributable to CONSOL Energy Inc. Shareholders
$
337,107

 
$
202,301

 
$
423,229

 
$
981

 
$
(626,511
)
 
$
337,107


Income Statement for the Year Ended December 31, 2013: 
 
Parent
Issuer
 
CNX Gas
Guarantor
 
Other
Subsidiary
Guarantors
 
Non-
Guarantors
 
Elimination
 
Consolidated
Revenues and Other Income:
 
 
 
 
 
 
 
 
 
 
 
Natural Gas, NGLs and Oil Sales
$

 
$
741,090

 
$

 
$

 
$
(3,389
)
 
$
737,701

Coal Sales

 

 
2,018,067

 

 

 
2,018,067

Other Outside Sales

 

 
43,364

 
216,419

 

 
259,783

Gas Royalty Interests and Purchased Gas Sales

 
69,733

 

 

 

 
69,733

Freight-Outside Coal

 

 
35,438

 

 

 
35,438

Miscellaneous Other Income
930,481

 
36,371

 
54,612

 
20,500

 
(930,481
)
 
111,483

Gain (Loss) on Sale of Assets

 
21,000

 
46,366

 
114

 

 
67,480

Total Revenue and Other Income
930,481

 
868,194

 
2,197,847

 
237,033

 
(933,870
)
 
3,299,685

Costs and Expenses:
 
 
 
 
 
 
 
 
 
 
 
Exploration and Production Costs
 
 
 
 
 
 
 
 
 
 
 
Lease Operating Expense

 
96,601

 

 

 

 
96,601

Transportation, Gathering and Compression

 
201,024

 

 

 

 
201,024

Production, Ad Valorem, and Other Fees

 
28,676

 

 

 

 
28,676

Direct Administrative and Selling

 
49,092

 

 

 

 
49,092

Depreciation, Depletion and Amortization

 
231,809

 

 

 

 
231,809

Exploration and Production Related Other Costs

 
61,104

 

 

 

 
61,104

Production Royalty Interests and Purchased Gas Costs

 
57,906

 

 

 
(41
)
 
57,865

Other Corporate Expenses

 
95,534

 

 

 
1

 
95,535

General and Administrative

 
39,047

 

 

 

 
39,047

Total Exploration and Production Costs

 
860,793

 

 

 
(40
)
 
860,753

Coal Costs
 
 
 
 
 
 
 
 
 
 
 
Operating and Other Costs
14,743

 

 
1,174,638

 

 
156,416

 
1,345,797

Royalties and Production Taxes

 

 
102,128

 

 

 
102,128

Direct Administrative and Selling

 

 
49,018

 

 

 
49,018

Depreciation, Depletion and Amortization
12,160

 

 
214,479

 

 

 
226,639

Freight Expense

 

 
35,438

 

 

 
35,438

General and Administrative Costs

 

 
40,047

 

 

 
40,047

Other Corporate Expenses
55,802

 

 

 

 

 
55,802

Total Coal Costs
82,705

 

 
1,615,748

 

 
156,416

 
1,854,869

Other Costs
 
 
 
 
 
 
 
 
 
 
 
Miscellaneous Operating Expense
139,927

 

 

 
224,706

 
(49,453
)
 
315,180

General and Administrative Costs

 

 

 
936

 

 
936

Depreciation, Depletion and Amortization
697

 

 

 
1,977

 

 
2,674

Interest Expense
211,026

 
8,605

 

 
47

 
(480
)
 
219,198

Total Other Costs
351,650

 
8,605

 

 
227,666

 
(49,933
)
 
537,988

Total Costs And Expenses
434,355

 
869,398

 
1,615,748

 
227,666

 
106,443

 
3,253,610

Earnings (Loss) Before Income Tax
496,126

 
(1,204
)
 
582,099

 
9,367

 
(1,040,313
)
 
46,075

Income Taxes
(164,316
)
 
1,420

 
126,164

 
3,543

 

 
(33,189
)
Income (Loss) From Continuing Operations
660,442

 
(2,624
)
 
455,935

 
5,824

 
(1,040,313
)
 
79,264

Income From Discontinued Operations, net

 

 

 
579,792

 

 
579,792

Net Income (Loss)
660,442

 
(2,624
)
 
455,935

 
585,616

 
(1,040,313
)
 
659,056

Less: Net Loss Attributable to Noncontrolling Interests

 
(1,386
)
 

 

 

 
(1,386
)
Net Income (Loss) Attributable to CONSOL Energy Shareholders
$
660,442

 
$
(1,238
)
 
$
455,935

 
$
585,616

 
$
(1,040,313
)
 
$
660,442



Balance Sheet for December 31, 2013: 
 
Parent
Issuer
 
CNX Gas
Guarantor
 
Other
Subsidiary
Guarantors
 
Non-
Guarantors
 
Elimination
 
Consolidated
Assets:
 
 
 
 
 
 
 
 
 
 
 
Current Assets:
 
 
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
$
320,473

 
$
6,238

 
$

 
$
709

 
$

 
$
327,420

Accounts and Notes Receivable:

 

 

 

 

 

Trade

 
71,911

 

 
260,663

 

 
332,574

Notes Receivable
1,238

 

 
24,623

 

 

 
25,861

Other Receivables
17,657

 
207,128

 
14,969

 
4,219

 

 
243,973

Inventories

 
15,185

 
99,320

 
43,409

 

 
157,914

Deferred Income Taxes
219,566

 
(8,263
)
 

 

 

 
211,303

Recoverable Income Taxes
(16,262
)
 
26,967

 

 

 

 
10,705

Prepaid Expenses
43,698

 
65,701

 
24,915

 
1,528

 

 
135,842

Total Current Assets
586,370

 
384,867

 
163,827

 
310,528

 

 
1,445,592

Property, Plant and Equipment:
 
 
 
 
 
 
 
 
 
 
 
Property, Plant and Equipment
173,719

 
6,919,972

 
6,459,014

 
25,804

 

 
13,578,509

Less-Accumulated Depreciation, Depletion and Amortization
122,022

 
1,188,464

 
2,806,775

 
18,986

 

 
4,136,247

Total Property, Plant and Equipment-Net
51,697

 
5,731,508

 
3,652,239

 
6,818

 

 
9,442,262

Other Assets:
 
 
 
 
 
 
 
 
 
 
 
Investment in Affiliates
11,965,054

 
206,060

 
70,222

 

 
(11,949,661
)
 
291,675

Notes Receivable
125

 

 

 

 

 
125

Other
145,401

 
30,728

 
28,831

 
9,053

 

 
214,013

Total Other Assets
12,110,580

 
236,788

 
99,053

 
9,053

 
(11,949,661
)
 
505,813

Total Assets
$
12,748,647

 
$
6,353,163

 
$
3,915,119

 
$
326,399

 
$
(11,949,661
)
 
$
11,393,667

Liabilities and Equity:
 
 
 
 
 
 
 
 
 
 
 
Current Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Accounts Payable
$
91,553

 
$
324,226

 
$
89,201

 
$
9,600

 
$

 
$
514,580

Accounts Payable (Recoverable)—Related Parties
4,629,131

 
23,287

 
(5,121,727
)
 
136,822

 
332,487

 

Current Portion Long-Term Debt
1,029

 
6,258

 
3,372

 
796

 

 
11,455

Short-Term Notes Payable

 
332,487

 

 

 
(332,487
)
 

Other Accrued Liabilities
144,612

 
89,080

 
322,606

 
9,399

 

 
565,697

Current Liabilities of Discontinued Operations

 

 

 
28,239

 

 
28,239

Total Current Liabilities
4,866,325

 
775,338

 
(4,706,548
)
 
184,856

 

 
1,119,971

Long-Term Debt:
 
 
 
 
 
 
 
 
 
 
 
Long-Term Debt
3,004,213

 

 
111,750

 

 

 
3,115,963

Capital Lease Obligations
1,245

 
42,852

 
1,724

 
1,775

 

 
47,596

Total Long-Term Debt
3,005,458

 
42,852

 
113,474

 
1,775

 

 
3,163,559

Deferred Credits and Other Liabilities
 
 
 
 
 
 
 
 
 
 
 
Deferred Income Taxes
(232,904
)
 
475,547

 

 

 

 
242,643

Postretirement Benefits Other Than Pensions

 

 
961,127

 

 

 
961,127

Pneumoconiosis Benefits

 

 
111,971

 

 

 
111,971

Mine Closing

 

 
320,723

 

 

 
320,723

Gas Well Closing

 
119,429

 
56,174

 

 

 
175,603

Workers’ Compensation

 

 
71,136

 
332

 

 
71,468

Salary Retirement
48,252

 

 

 

 

 
48,252

Reclamation

 

 
40,706

 

 

 
40,706

Other
55,227

 
61,190

 
14,938

 

 

 
131,355

Total Deferred Credits and Other Liabilities
(129,425
)
 
656,166

 
1,576,775

 
332

 

 
2,103,848

Total CONSOL Energy Inc. Stockholders’ Equity
5,006,289

 
4,878,807

 
6,931,418

 
139,436

 
(11,949,661
)
 
5,006,289

Total Liabilities and Equity
$
12,748,647

 
$
6,353,163

 
$
3,915,119

 
$
326,399

 
$
(11,949,661
)
 
$
11,393,667




Condensed Statement of Cash Flows For the Year Ended December 31, 2013:
 
Parent
 
CNX Gas
Guarantor
 
Other Subsidiary Guarantors
 
Non-
Guarantors
 
Elimination
 
Consolidated
Net Cash Provided by (Used in) Continuing Operations

$
51,093

 
$
440,763

 
$
572,683

 
$
(843,456
)
 
$
332,487

 
$
553,570

Net Cash Provided by Discontinued Operating Activities

 

 

 
105,206

 

 
105,206

Net Cash Provided by (Used in) Operating Activities
$
51,093

 
$
440,763

 
$
572,683

 
$
(738,250
)
 
$
332,487

 
$
658,776

Cash Flows from Investing Activities:
 
 
 
 
 
 
 
 
 
 
 
Capital Expenditures
$
(68,796
)
 
$
(968,607
)
 
$
(458,653
)
 
$

 
$

 
$
(1,496,056
)
Changes in Restricted Cash


 

 
68,673

 

 

 
68,673

Proceeds from Sales of Assets
327,964

 
350,975

 
(195,082
)
 
112

 

 
483,969

(Investments in), net of Distributions from, Equity Affiliates

 
(47,500
)
 
11,788

 

 

 
(35,712
)
Net Cash (Used in) Provided by Continuing Operations
$
259,168

 
$
(665,132
)
 
$
(573,274
)
 
$
112

 
$

 
$
(979,126
)
Net Cash Provided by Discontinued Investing Activities

 

 

 
777,145

 

 
777,145

Net Cash (Used in) Provided by Investing Activities
$
259,168

 
$
(665,132
)
 
$
(573,274
)
 
$
777,257

 
$

 
$
(201,981
)
Cash Flows from Financing Activities:
 
 
 
 
 
 
 
 
 
 
 
(Payments on) Proceeds from Miscellaneous Borrowings
$
(25,952
)
 
$

 
$
(4,800
)
 
$
(792
)
 
$

 
$
(31,544
)
Payments on Securitization Facility

 

 

 
(37,846
)
 

 
(37,846
)
Dividends (Paid)
14,168

 
(100,000
)
 

 

 

 
(85,832
)
(Payments on) Proceeds from Short-Term Borrowings

 
332,487

 

 

 
(332,487
)
 

Proceeds from Issuance of Common Stock
3,727

 

 

 

 

 
3,727

Other Financing Activities
778

 
(5,232
)
 
5,232

 

 

 
778

Net Cash (Used in) Provided by Continuing Operations
$
(7,279
)
 
$
227,255

 
$
432

 
$
(38,638
)
 
$
(332,487
)
 
$
(150,717
)
Net Cash Used in Discontinued Financing Activities

 

 

 
(520
)
 

 
(520
)
Net Cash (Used in) Provided by Financing Activities
$
(7,279
)
 
$
227,255

 
$
432

 
$
(39,158
)
 
$
(332,487
)
 
$
(151,237
)


Statement of Comprehensive Income for the Year Ended December 31, 2013:
 
Parent
 
CNX Gas
Guarantor
 
Other
Subsidiary
Guarantors
 
Non-Guarantors
 
Elimination
 
Consolidated
Net Income (Loss)
$
660,442

 
$
(2,624
)
 
$
455,935

 
$
585,616

 
$
(1,040,313
)
 
$
659,056

Other Comprehensive Income (Loss):
 
 
 
 
 
 
 
 
 
 
 
  Actuarially Determined Long-Term Liability Adjustments
456,493

 

 
456,493

 

 
(456,493
)
 
456,493

  Net Increase (Decrease) in the Value of Cash Flow Hedge
45,631

 
45,631

 

 

 
(45,631
)
 
45,631

  Reclassification of Cash Flow Hedge from OCI to Earnings
(79,899
)
 
(79,899
)
 

 

 
79,899

 
(79,899
)
Other Comprehensive Income (Loss):
$
422,225

 
$
(34,268
)
 
$
456,493

 
$

 
$
(422,225
)
 
$
422,225

Comprehensive Income (Loss)
1,082,667

 
(36,892
)
 
912,428

 
585,616

 
(1,462,538
)
 
1,081,281

  Less: Net Loss Attributable to Noncontrolling Interests

 
(1,386
)
 

 

 

 
(1,386
)
Comprehensive Income (Loss) Attributable to CONSOL Energy Inc. Shareholders
$
1,082,667

 
$
(35,506
)
 
$
912,428

 
$
585,616

 
$
(1,462,538
)
 
$
1,082,667

Income Statement for the Year Ended December 31, 2012:
 
Parent
Issuer
 
CNX Gas
Guarantor
 
Other
Subsidiary
Guarantors
 
Non-
Guarantors
 
Elimination
 
Consolidated
Revenues and Other Income:
 
 
 
 
 
 
 
 
 
 
 
Natural Gas, NGLs and Oil Sales
$

 
$
661,192

 
$

 
$

 
$
(2,372
)
 
$
658,820

Coal Sales

 

 
2,169,625

 

 

 
2,169,625

Other Outside Sales

 

 
51,046

 
243,059

 

 
294,105

Gas Royalty Interests and Purchased Gas Sales

 
52,721

 

 

 

 
52,721

Freight-Outside Coal

 

 
107,079

 

 

 
107,079

Miscellaneous Other Income
613,340

 
45,232

 
46,313

 
21,626

 
(613,341
)
 
113,170

Gain (Loss) on Sale of Assets

 
10,964

 
271,029

 
13

 

 
282,006

Total Revenue and Other Income
613,340

 
770,109

 
2,645,092

 
264,698

 
(615,713
)
 
3,677,526

Costs and Expenses:
 
 
 
 
 
 
 
 
 
 
 
Exploration and Production Costs
 
 
 
 
 
 
 
 
 
 
 
Lease Operating Expense

 
90,837

 

 

 

 
90,837

Transportation, Gathering and Compression

 
160,579

 

 

 

 
160,579

Production, Ad Valorem, and Other Fees

 
26,145

 

 

 

 
26,145

Direct Administrative and Selling

 
47,565

 

 

 

 
47,565

Depreciation, Depletion and Amortization

 
205,149

 

 

 

 
205,149

Exploration and Production Related Other Costs

 
39,005

 

 

 

 
39,005

Production Royalty Interests and Purchased Gas Costs

 
41,633

 

 

 
(55
)
 
41,578

Other Corporate Expenses

 
81,028

 

 

 
5

 
81,033

General and Administrative

 
33,686

 

 

 

 
33,686

Total Exploration and Production Costs

 
725,627

 

 

 
(50
)
 
725,577

Coal Costs
 
 
 
 
 
 
 
 
 
 
 
Operating and Other Costs
9,292

 

 
1,356,575

 

 
92,046

 
1,457,913

Royalties and Production Taxes

 

 
117,194

 

 

 
117,194

Direct Administrative and Selling

 

 
54,910

 

 

 
54,910

Depreciation, Depletion and Amortization
11,491

 

 
208,145

 

 

 
219,636

Freight Expense

 

 
107,079

 

 

 
107,079

General and Administrative Costs

 

 
42,662

 

 

 
42,662

Other Corporate Expenses
52,900

 

 

 

 

 
52,900

Total Coal Costs
73,683

 

 
1,886,565

 

 
92,046

 
2,052,294

Other Costs
 
 
 
 
 
 
 
 
 
 
 
Miscellaneous Operating Expense
78,861

 

 

 
244,635

 
(53,843
)
 
269,653

General and Administrative Costs

 

 

 
943

 

 
943

Depreciation, Depletion and Amortization
266

 

 

 
2,064

 

 
2,330

Interest Expense
208,894

 
5,098

 
6,470

 
44

 
(464
)
 
220,042

Total Other Costs
288,021

 
5,098

 
6,470

 
247,686

 
(54,307
)
 
492,968

Total Costs And Expenses
361,704

 
730,725

 
1,893,035

 
247,686

 
37,689

 
3,270,839

Earnings (Loss) Before Income Tax
251,636

 
39,384

 
752,057

 
17,012

 
(653,402
)
 
406,687

Income Taxes
(136,834
)
 
15,021

 
204,105

 
6,436

 

 
88,728

Income (Loss) From Continuing Operations
388,470

 
24,363

 
547,952

 
10,576

 
(653,402
)
 
317,959

Income From Discontinued Operations, net

 

 

 
70,114

 

 
70,114

Net Income (Loss)
388,470

 
24,363

 
547,952

 
80,690

 
(653,402
)
 
388,073

Less: Net Loss Attributable to Noncontrolling Interests

 
(397
)
 

 

 

 
(397
)
Net Income (Loss) Attributable to CONSOL Energy Shareholders
$
388,470

 
$
24,760

 
$
547,952

 
$
80,690

 
$
(653,402
)
 
$
388,470



Condensed Statement of Cash Flows For the Year Ended December 31, 2012:
 
Parent
 
CNX Gas
Guarantor
 
Other Subsidiary Guarantors
 
Non-
Guarantors
 
Elimination
 
Consolidated
Net Cash Provided by (Used in) Continuing Operations

$
(58,410
)
 
$
82,036

 
$
412,293

 
$
21,423

 
$

 
$
457,342

Net Cash Provided by Discontinued Operating Activities

 

 

 
270,771

 

 
270,771

Net Cash Provided by (Used in) Operating Activities
$
(58,410
)
 
$
82,036

 
$
412,293

 
$
292,194

 
$

 
$
728,113

Cash Flows from Investing Activities:
 
 
 
 
 
 
 
 
 
 
 
Capital Expenditures
$
(49,973
)
 
$
(532,636
)
 
$
(662,888
)
 
$

 
$

 
$
(1,245,497
)
Changes in Restricted Cash

 

 
(48,294
)
 

 

 
(48,294
)
Proceeds From Sales of Assets

 
360,129

 
285,238

 
254

 

 
645,621

(Investments in), net of Distributions from, Equity Affiliates
200,000

 
(37,400
)
 
13,949

 

 
(200,000
)
 
(23,451
)
Net Cash (Used in) Provided by Continuing Operations
$
150,027

 
$
(209,907
)
 
$
(411,995
)
 
$
254

 
$
(200,000
)
 
$
(671,621
)
Net Cash Used in Discontinued Investing Activities

 

 

 
(328,789
)
 

 
(328,789
)
Net Cash (Used in) Provided by Investing Activities
$
150,027

 
$
(209,907
)
 
$
(411,995
)
 
$
(328,535
)
 
$
(200,000
)
 
$
(1,000,410
)
Cash Flows from Financing Activities:
 
 
 
 
 
 
 
 
 
 
 
Dividends (Paid)
$
(142,278
)
 
$
(200,000
)
 
$

 
$

 
$
200,000

 
$
(142,278
)
Proceeds from Issuance of Common Stock
8,278

 

 

 

 

 
8,278

Other Financing Activities
22,532

 
(5,504
)
 
(1,408
)
 
37,404

 

 
53,024

Net Cash (Used in) Provided by Continuing Operations
$
(111,468
)
 
$
(205,504
)
 
$
(1,408
)
 
$
37,404

 
$
200,000

 
$
(80,976
)
Net Cash Used in Discontinued Financing Activities

 

 

 
(601
)
 

 
(601
)
Net Cash (Used in) Provided by Financing Activities
$
(111,468
)
 
$
(205,504
)
 
$
(1,408
)
 
$
36,803

 
$
200,000

 
$
(81,577
)


Statement of Comprehensive Income for the Year Ended December 31, 2012:
 
Parent
 
CNX Gas
Guarantor
 
Other
Subsidiary
Guarantors
 
Non-
Guarantors
 
Elimination
 
Consolidated
Net Income (Loss)
$
388,470

 
$
24,363

 
$
547,952

 
$
80,690

 
$
(653,402
)
 
$
388,073

Other Comprehensive Income (Loss):
 
 
 
 
 
 
 
 
 
 
 
  Actuarially Determined Long-Term Liability Adjustments
129,231

 

 
129,231

 

 
(129,231
)
 
129,231

  Net Increase (Decrease) in the Value of Cash Flow Hedge
114,240

 
114,240

 

 

 
(114,240
)
 
114,240

  Reclassification of Cash Flow Hedge from OCI to Earnings
(189,259
)
 
(189,259
)
 

 

 
189,259

 
(189,259
)
Other Comprehensive Income (Loss):
$
54,212

 
$
(75,019
)
 
$
129,231

 
$

 
$
(54,212
)
 
$
54,212

Comprehensive Income (Loss)
442,682

 
(50,656
)
 
677,183

 
80,690

 
(707,614
)
 
442,285

  Less: Net Loss Attributable to Noncontrolling Interests

 
(397
)
 

 

 

 
(397
)
Comprehensive Income (Loss) Attributable to CONSOL Energy Inc. Shareholders
$
442,682

 
$
(50,259
)
 
$
677,183

 
$
80,690

 
$
(707,614
)
 
$
442,682