XML 17 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Combined Consolidated Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:      
Net income (loss) $ 19,399 [1] $ (32,117) [1] $ (29,990) [1]
Adjustments to reconcile net income (loss) to net cash from (used in) operating activities:      
Depreciation and amortization expenses 10,127 [1] 10,056 [1] 10,876 [1]
Amortization of debt issuance costs 420 [1] 0 [1] 0 [1]
Unit-based compensation expense 479 [1] 0 [1] 0 [1]
Loss on asset disposals 26 [1] 830 [1] 1,114 [1]
Changes in current assets:      
Receivables - trade (409) [1] (218) [1] 68 [1]
Receivables - affiliate (5,648) [1] 0 [1] 0 [1]
Prepayments and other current assets (773) [1] 0 [1] 0 [1]
Changes in current liabilities:      
Accounts payable - trade 1,532 [1] 202 [1] (28) [1]
Accounts payable - affiliate 2,846 [1] (629) [1] (309) [1]
Accrued liabilities and deferred revenue 2,820 [1] (1,573) [1] 983 [1]
Changes in other noncurrent assets and liabilities (2,341) [1] 2,418 [1] (3,659) [1]
Net cash from (used in) operating activities 28,478 [1] (21,031) [1] (20,945) [1]
CASH FLOWS USED IN INVESTING ACTIVITIES:      
Capital expenditures (13,765) [1] (4,711) [1] (13,909) [1]
Net cash used in investing activities (13,765) [1] (4,711) [1] (13,909) [1]
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:      
Proceeds from issuance of common units, net of underwriters' discount 294,328 [1] 0 [1] 0 [1]
Distributions to General Partner (50,371) [1] 0 [1] 0 [1]
Distributions to Common Unitholders - Public (8,893) [1] 0 [1] 0 [1]
Distributions to Common unitholders - Tesoro (70,107) [1] 0 [1] 0 [1]
Distributions to Subordinated unitholders (222,426) [1] 0 [1] 0 [1]
Borrowings under revolving credit agreement 50,000 [1] 0 [1] 0 [1]
Offering costs (6,196) [1] 0 [1] 0 [1]
Deferred debt issuance costs (1,852) [1] 0 [1] 0 [1]
Sponsor contributions of equity to the Predecessors 16,461 [1] 25,742 [1] 34,854 [1]
Reimbursement of capital expenditures by Sponsor 2,669 [1] 0 [1] 0 [1]
Net cash from financing activities 3,613 [1] 25,742 [1] 34,854 [1]
INCREASE IN CASH AND CASH EQUIVALENTS 18,326 [1] 0 [1] 0 [1]
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 0 [1] 0 [1] 0 [1]
CASH AND CASH EQUIVALENTS, END OF YEAR 18,326 [1] 0 [1] 0 [1]
SUPPLEMENTAL CASH FLOW DISCLOSURE:      
Interest paid, net of capitalized interest 1,165 [1] 0 [1] 0 [1]
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:      
Capital expenditures included in accounts payable at period end 4,182 [1] 604 [1] 848 [1]
Receivable from affiliate for capital expenditures 3,069 [1] 0 [1] 0 [1]
Transfer of property, plant and equipment from Sponsor, net of accumulated depreciation 4,399 [1] 0 [1] 0 [1]
Working capital requirements retained by Sponsor $ 4,389 [1] $ 0 [1] $ 0 [1]
[1] Adjusted to include the historical results of the Martinez Crude Oil Marine Terminal. See Notes A and C for further discussion.