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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities    
Net income $ 52,230 $ 42,586
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 31,470 29,281
Gain on sale of asset 0 (2,022)
Amortization of Deferred Charges 947 1,910
Amortization of restricted and performance units 1,658 1,880
Loss on early extinguishment of debt 7,677 0
(Increase) decrease in current assets:    
Accounts receivable – trade (1,446) 2,576
Accounts receivable – affiliates 1,823 22
Prepaid and other current assets 128 (695)
Increase (decrease) in current liabilities:    
Accounts payable – trade 1,280 (518)
Accounts payable – affiliates (4,495) (301)
Accrued interest (3,552) 88
Deferred revenue 2,315 5,787
Accrued property taxes 1,912 961
Other current liabilities 1,153 153
Other, net (737) 335
Net cash provided by operating activities 92,363 82,043 [1]
Cash flows from investing activities    
Additions to properties and equipment (38,574) (17,224)
Proceeds from sale of assets 0 2,481
Distributions in excess of equity in earnings of SLC Pipeline 105 159
Net cash used for investing activities (38,469) (14,584)
Cash flows from financing activities    
Borrowings under credit agreement 477,100 154,500
Repayments of credit agreement borrowings (297,100) (220,500)
Proceeds from Issuance of Common Units 0 73,444
Redemption of senior notes (156,188) 0
Contribution from general partner 0 1,499
Distributions to HEP unitholders (75,577) (67,419)
Distributions to noncontrolling interest (2,000) (2,000)
Purchase of units for incentive grants (406) (3,254)
Deferred financing costs (9) 0
Other 0 (250)
Net cash used for financing activities (54,180) (63,980)
Cash and cash equivalents    
Increase (decrease) for the period (286) 3,479
Beginning of period 6,352 5,237
End of period $ 6,066 $ 8,716
[1] (1) Effective with fiscal year 2013, we revised the cash flow presentation of transactions associated with the partnership's intercompany lending activities by reclassifying certain amounts from operating cash flows to financing cash flows.