Note 15 — Other Financial Information

ETHANOL SALES AND OTHER – Ethanol sales and other revenue in the Consolidated and Combined Income Statements includes the following items:



(Thousands of dollars)	2013		2012		2011
Sales of ethanol and related plant products	$	269,254	$	290,158	$	207,266
Renewable Identification Numbers (RINs) sales		91,391		8,830		2,924
Other		2,907		2,988		6,614
Total ethanol sales and other revenue	$	363,552	$	301,976	$	216,804

CASH FLOW DISCLOSURES — Cash income taxes paid (collected), net of refunds, were $47,757,000, $13,036,000 and $43,006,000 for the three years ended December 31, 2013, 2012 and 2011, respectively. Interest paid was $1,647,000, $479,000 and $452,000 for the years ended December 31, 2013, 2012 and 2011, respectively. Noncash reductions (additions) to net parent investment related primarily to settlement of income taxes were $453,000, ($6,747,000) and $7,815,000 for the years ended December 31, 2013, 2012 and 2011, respectively.




(Thousands of dollars)	2013		2012		2011
Accounts receivable	$	331,679	$	(171,115)	$	244,828
Inventories		20,532		(29,784)		20,181
Prepaid expenses		(6,623)		(3,187)		(1,391)
Deferred income tax assets		-		-		3,128
Accounts payable and accrued liabilities		(272,371)		230,704		(452,491)
Income taxes payable		7,276		4,396		(96,533)
Current deferred income tax liabilities		(5,628)		1,539		11,232
Net decrease (increase) in noncash operating working capital	$	74,865	$	32,553	$	(271,046)