Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

 v2.3.0.11
Consolidated Statements of Cash Flows (USD $)
In Thousands
 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities    
Net income (loss) $ (9,078) $ 117,195
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 21,480 21,124
Non-cash derivative loss 331 124
Amortization of debt issuance costs 2,173 2,654
Amortization of debt discount 2,347 2,347
Changes in operating assets and liabilities:    
Accounts and interest receivable 1,170 339
Accounts receivable—affiliate 553 3,586
Accounts payable and accrued liabilities 4,671 (1,296)
Accounts payable and accrued liabilities—affiliate (811) (894)
Advances to affiliate 3,288 4,473
Deferred revenue (2,229) (2,086)
Deferred revenue—affiliate 0 (62,833)
Other (2,540) (312)
Net cash provided by operating activities 21,355 84,421
Cash flows from investing activities    
LNG terminal construction-in-process, net (5,390) (1,490)
Advances under long-term contracts (115) (58)
Net cash used in investing activities (5,505) (1,548)
Cash flows from financing activities    
Distributions to unitholders (23,025) (140,337)
Proceeds from sale of common units 9,153 0
Net cash used in financing activities (13,872) (140,337)
Net increase (decrease) in cash and cash equivalents 1,978 (57,464)
Cash and cash equivalents—beginning of period 53,349 117,542
Cash and cash equivalents—end of period $ 55,327 $ 60,078