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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Oct. 31, 2019
Oct. 31, 2018
Oct. 31, 2017
Cash Flow From Operating Activities:      
Net income (loss) $ (5,177,834) $ 1,166,993 $ 7,515,993
Adjustments to reconcile net income (loss) to net cash provided by (used in) operations:      
Depreciation and amortization 5,253,479 5,037,645 5,021,798
(Gain) loss on sale of asset 4,864 (24,815) (45,000)
Change in fair value of commodity derivative instruments (375,216) (1,240,386) (728,073)
Changes in operating assets and liabilities:      
Accounts receivable (938,562) 79,290 575,225
Inventory 122,428 665,658 (1,199,799)
Commodity derivative instruments 679,851 953,942 1,276,397
Prepaid expenses and other current assets (15,345) (133,874) (77,253)
Accounts payable (103,915) 594,150 (107,013)
Accrued expenses (420,609) 428,769 17,699
Accrued railcar rehabilitation costs 551,000    
Net cash provided by (used in) operating activities (419,859) 7,527,372 12,249,974
Cash Flows from Investing Activities:      
Capital expenditures (432,291) (2,533,767) (1,174,527)
Acquisition of non-controlling interest (225,000)    
Proceeds from disposal of asset   24,815 45,000
Net cash used in investing activities (657,291) (2,508,952) (1,129,527)
Cash Flows from Financing Activities:      
Checks drawn in excess of bank balance     (1,866,683)
Payments on long-term debt (325,021) (438,484) (486,041)
Distributions to Heron Lake BioEnergy, LLC members   (8,568,321)  
Distribution to non-controlling interest   (81,000)  
Net cash used in financing activities (325,021) (9,087,805) (2,352,724)
Net increase (Decrease) in Cash and Restricted Cash (1,402,171) (4,069,385) 8,767,723
Cash and Restricted Cash—Beginning of Period 5,995,982 10,065,367 1,297,644
Cash and Restricted Cash—End of Period 4,593,811 5,995,982 10,065,367
Supplemental Disclosure of Cash Flow Information      
Interest expense 98,815 132,036 $ 212,491
Supplemental Disclosure of Non-Cash Investing and Financing Activities      
Capital expenditures included in accounts payable $ 125,186 $ 48,568