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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2013
Summary of Significant Accounting Policies  
Schedule of supplemental cash flow information

 

 

 

 

NGL Energy Partners LP

 

NGL Supply

 

 

 

Year

 

Year

 

Six Months

 

Six Months

 

 

 

Ended

 

Ended

 

Ended

 

Ended

 

 

 

March 31,

 

March 31,

 

March 31,

 

September 30,

 

 

 

2013

 

2012

 

2011

 

2010

 

 

 

(in thousands)

 

Interest paid

 

$

27,384

 

$

4,966

 

$

2,063

 

$

335

 

Income taxes paid

 

$

1,027

 

$

430

 

$

 

$

220

 

Schedule of accounts receivable

 

 

 

 

March 31, 2013

 

March 31, 2012

 

 

 

Gross

 

Allowance for

 

Gross

 

Allowance for

 

Segment

 

Receivable

 

Doubtful Accounts

 

Receivable

 

Doubtful Accounts

 

 

 

(in thousands)

 

Crude oil logistics

 

$

360,721

 

$

11

 

$

 

$

 

Water services

 

9,618

 

29

 

 

 

Natural gas liquids logistics

 

144,267

 

76

 

52,640

 

113

 

Retail Propane

 

49,233

 

1,644

 

32,182

 

705

 

Other

 

810

 

 

 

 

 

 

$

564,649

 

$

1,760

 

$

84,822

 

$

818

 

Schedule of changes in the allowance for doubtful accounts

 

 

 

 

NGL Energy Partners LP

 

NGL Supply

 

 

 

Year

 

Year

 

Six Months

 

Six Months

 

 

 

Ended

 

Ended

 

Ended

 

Ended

 

 

 

March 31,

 

March 31,

 

March 31,

 

September 30,

 

 

 

2013

 

2012

 

2011

 

2010

 

 

 

(in thousands)

 

Allowance for doubtful accounts, beginning of period

 

$

818

 

$

161

 

$

 

$

235

 

Bad debt provision

 

1,315

 

1,049

 

269

 

3

 

Write off of uncollectible accounts

 

(373

)

(392

)

(108

)

(64

)

Allowance for doubtful accounts, end of period

 

$

1,760

 

$

818

 

$

161

 

$

174

 

Schedule of inventories

 

 

 

 

2013

 

2012

 

 

 

(in thousands)

 

Crude oil

 

$

46,156

 

$

 

Propane

 

45,428

 

78,993

 

Other natural gas liquids

 

24,090

 

9,259

 

Other

 

11,221

 

6,252

 

Total

 

$

126,895

 

$

94,504