← Delek Logistics Partners, LP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $62.8m | $69.4m | $90.2m | $96.7m | $159.3m | $164.8m | $159.1m | $126.2m | $142.7m | $176.5m | |
| Depreciation, Depletion and Amortization | $20.8m | $21.9m | $26.0m | $26.7m | $35.7m | $42.8m | $63.0m | $92.4m | $96.4m | $125.6m | |
| Amortization of Debt Issuance Costs | $1.5m | $2.0m | $2.6m | $2.6m | $2.4m | $3.0m | $3.9m | $6.3m | $5.2m | $5.9m | |
| Amortization of Debt Issuance Costs and Discounts | $1.5m | $2.0m | $2.6m | $2.6m | $2.4m | $3.0m | $3.9m | $6.3m | $5.2m | $5.9m | |
| Depreciation, Nonproduction | $19.8m | $20.9m | $25.9m | $26.7m | $35.7m | $42.8m | — | — | $76.4m | $96.2m | |
| Deferred Income Tax Expense (Benefit) | ($173k) | ($111k) | $152k | $496k | $401k | $353k | $5k | — | — | — | |
| Share-based Payment Arrangement, Noncash Expense | $599k | $721k | $674k | $1.6m | $491k | $2.0m | $2.7m | $2.7m | — | — | |
| Equity Method Investment, Other than Temporary Impairment | ($61.6m) | ($3.5m) | ($173k) | ($139.3m) | ($12.2m) | ($1.4m) | $0 | $0 | $0 | $0 | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.8m | $0 | $0 | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | — | — | ($3.6m) | — | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $16k | $20k | ($891k) | $197k | $66k | ($23.1m) | ($141.1m) | ($96.1m) | ($129.0m) | ($267.8m) | |
| Income (Loss) from Equity Method Investments | ($1.2m) | $5.0m | $6.2m | $19.8m | $22.7m | $24.6m | $31.7m | $31.4m | $43.3m | $61.8m | |
| Income Tax Expense (Benefit) | $81k | ($222k) | $534k | $967k | $223k | $153k | $382k | $1.2m | $479k | $458k | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $151.0m | $179.3m | |
| Operating Lease, Expense | — | — | — | $193k | $6.1m | $9.7m | $16.3m | $9.5m | $8.1m | $6.2m | |
| Operating Lease, Lease Income | — | — | — | $193.9m | $260.1m | $295.0m | $287.4m | — | $268.8m | $200.2m | |
| Other Nonoperating Income (Expense) | — | $1k | ($8k) | ($600k) | ($133k) | $119k | $373k | $303k | $205k | $60k | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($15.8m) | $3.8m | ($1.4m) | ($8.4m) | $2.5m | ($292k) | $9.1m | ($21.6m) | $7.0m | $43.4m | |
| Asset Retirement Obligation, Accretion Expense | $266k | $292k | $359k | $397k | $427k | $461k | $596k | $705k | $920k | $2.6m | |
| Environmental Remediation Expense | — | — | — | — | — | — | $1.7m | — | — | — | |
| Goodwill | $12.2m | $12.2m | $12.2m | $12.2m | $12.2m | $12.2m | $27.1m | $12.2m | $12.2m | $12.2m | |
| Inventory Write-down | — | — | — | $100k | — | — | — | — | — | — | |
| Operating Costs and Expenses | $37.2m | $43.3m | $58.7m | $74.2m | $56.3m | $60.7m | — | — | $122.7m | $155.9m | |
| Operating Expenses | — | — | $55.9m | $71.3m | $53.8m | $58.4m | $85.4m | $115.7m | $122.0m | $166.8m | |
| Payments of Financing Costs | $0 | $6.0m | $5.3m | $0 | $0 | $6.2m | $8.2m | $4.5m | $18.1m | $10.7m | |
| Derivative, Gain (Loss) on Derivative, Net | ($2.1m) | ($1.6m) | — | — | — | — | — | — | — | — | |
| Other Operating Income (Expense), Net | — | — | — | ($34k) | $66k | $59k | $114k | $1.3m | $978k | $436k | |
| Net Cash Provided by (Used in) Operating Activities | $100.7m | $87.7m | $148.0m | $130.4m | $193.0m | $275.2m | $192.2m | $225.3m | $206.3m | $237.1m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $11.3m | $18.2m | $12.9m | $9.1m | $13.3m | $23.1m | $141.1m | $96.1m | $129.0m | $267.8m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | — | — | — | — | — | $625.6m | $0 | $182.5m | $181.2m | |
| Net Cash Provided by (Used in) Investing Activities | ($72.7m) | ($30.7m) | ($228.0m) | ($147.4m) | ($123.1m) | ($16.4m) | ($770.4m) | ($89.6m) | ($384.6m) | ($444.2m) | |
| Cash flows from financing activities: | |||||||||||
| Repayments of Long-term Debt | — | — | — | — | — | — | — | $18.8m | $531.2m | $0 | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | — | — | $10.0m | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | $6.2m | — | $0 | |
| Net Cash Provided by (Used in) Financing Activities | ($28.0m) | ($52.4m) | $79.9m | $18.0m | ($71.2m) | ($258.8m) | $581.9m | ($139.9m) | $179.9m | $212.6m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $59k | $4.6m | ($153k) | $1.0m | ($1.3m) | $49k | $3.7m | ($4.2m) | $1.6m | $5.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $5.5m | $4.2m | $4.3m | $8.0m | $3.8m | $5.4m | $10.9m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $39.0m | $44.8m | $40.6m | $44.6m | $78.1m | $136.4m | $117.3m | $173.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.