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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Oct. 31, 2015
Cash Flow From Operating Activities      
Net income $ 7,515,993 $ 5,194,316 $ 6,979,716
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation and amortization 5,021,798 4,781,673 4,593,710
Gain on sale of asset (45,000)    
Change in fair value of commodity derivative instruments (728,073) (1,054,729) (831,227)
Changes in operating assets and liabilities:      
Restricted cash     264,086
Accounts receivable 575,225 1,063,979 (1,615,200)
Inventory (1,199,799) (605,199) (72,079)
Commodity derivative instruments 1,276,397 1,069,540 591,578
Prepaid expenses and other current assets (77,253) (23,380) 131,267
Accounts payable (107,013) 1,313,978 (124,087)
Accrued expenses 17,699 209,657 (27,866)
Net cash provided by operating activities 12,249,974 11,949,835 9,889,898
Cash Flows from Investing Activities      
Capital expenditures (1,174,527) (2,484,667) (6,181,858)
Proceeds from disposal of asset 45,000    
Net cash used in investing activities (1,129,527) (2,484,667) (6,181,858)
Cash Flows from Financing Activities      
Proceeds from long-term debt   9,820,222 13,440,990
Checks drawn in excess of bank balance (1,866,683) 30,001 1,836,682
Payments on long-term debt (486,041) (15,166,428) (9,169,704)
Distributions to Heron Lake BioEnergy, LLC members   (3,896,604) (9,351,853)
Distribution to non-controlling interest   (80,998)  
Net cash used in financing activities (2,352,724) (9,293,807) (3,243,885)
Net increase in cash 8,767,723 171,361 464,155
Cash - Beginning of period 1,297,644 1,126,283 662,128
Cash - End of period 10,065,367 1,297,644 1,126,283
Supplemental Disclosure of Cash Flow Information      
Interest expense $ 212,491 $ 397,837 444,625
Supplemental Disclosure of Non-Cash Investing and Financing Activities      
Capital expenditures included in accounts payable     $ 349,482