Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows (USD $)
 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities    
Net loss $ (196,851,000) $ (106,818,000) [1]
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 43,150,000 43,135,000 [1]
Use of restricted cash and cash equivalents 147,982,000 36,676,000 [1]
Increase (Decrease) in Restricted Cash for Future Interest Payments 35,627,000 41,197,000
Non-cash LNG inventory write-downs 27,851,000 9,237,000 [1]
Amortization of debt discount 5,208,000 3,521,000 [1]
Amortization of debt issuance costs 3,383,000 8,373,000 [1]
Non-cash derivative (gain) loss, net (55,049,000) 300,000 [1]
Loss on early extinguishment of debt (80,510,000) 0 [1]
Other 705,000 3,736,000 [1]
Changes in operating assets and liabilities:    
Accounts and interest receivable (21,171,000) (24,619,000) [1]
Accounts receivable—affiliate (1,614,000) (855,000) [1]
Accounts payable and accrued liabilities 38,655,000 41,463,000 [1]
Due to affiliates 33,556,000 29,218,000 [1]
Deferred revenue (2,955,000) (3,104,000) [1]
Advances to affiliate (20,281,000) (3,627,000) [1]
LNG inventory (33,248,000) (9,519,000) [1]
Other (34,376,000) (4,003,000) [1]
Other—affiliate 4,081,000 3,143,140 [1]
Net cash used in operating activities (16,091,000) (14,940,000) [1]
Cash flows from investing activities    
LNG terminal costs, net (2,449,360,000) (876,593,000) [1]
Use of restricted cash and cash equivalents 2,457,823,000 887,902,000 [1]
Purchase of Creole Trail Pipeline Business, net (313,892,000) 0 [1]
Advances under long-term contracts (12,528,000) (15,009,000) [1]
Other (5,120,000) (2,382,000) [1]
Net cash used in investing activities (323,077,000) (6,082,000) [1]
Cash flows from financing activities    
Proceeds from Sabine Pass Liquefaction Senior Notes, net 3,012,500,000 0 [1]
Proceeds from CTPL Credit Facility, net 391,978,000 0 [1]
Proceeds from 2013 Liquefaction Credit Facility 100,000,000 0 [1]
Proceeds from Sale of Interest in Partnership Unit 375,897,000 240,114,000 [1]
Proceeds from sale Of Class B Units 0 1,387,560,000 [1]
Contributions to Creole Trail Pipeline Business from Cheniere, net 20,896,000 9,608,000 [1]
Investment in restricted cash and cash equivalents (3,243,670,000) (1,177,753,000) [1]
Debt issuance and deferred financing costs (231,198,000) (210,126,000) [1]
Repayment of 2012 Liquefaction Credit Facility 100,000,000 100,000,000 [1]
Distributions to owners (66,632,000) (40,696,000) [1]
Net cash provided by financing activities 259,771,000 308,707,000 [1]
Net increase (decrease) in cash and cash equivalents (79,397,000) 287,685,000 [1]
Cash and cash equivalents—beginning of period 419,292,000 81,415,000 [1]
Cash and cash equivalents—end of period $ 339,895,000 $ 369,100,000 [1]
[1] Retrospectively adjusted as discussed in Note 2.