Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities    
Net loss $ (238,719) $ (295,957)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation expense 30,870 29,040
Non-cash LNG inventory write-downs 17,366 14,978
Amortization of debt issuance costs and discount 5,019 5,639
Total losses on derivatives, net 35,128 94,859
Net cash used for settlement of derivative instruments (38,028) (17,520)
Loss on early extinguishment of debt 96,273 114,335
Other 25 139
Changes in restricted cash for certain operating activities 15,954 64,705
Changes in operating assets and liabilities:    
Accounts and interest receivable (77) (31)
Accounts receivable—affiliate 1,441 173
Accounts payable and accrued liabilities 84,580 1,025
Due to affiliates 12,627 5,875
Deferred revenue (1,985) (1,955)
Advances to affiliate 2,541 12,838
LNG inventory (25,534) (14,445)
Other, net (11,402) (6,613)
Other, net—affiliate 16,501 (151)
Net cash provided by operating activities 2,580 6,934
Cash flows from investing activities    
Property, plant and equipment, net (1,427,603) (1,305,506)
Use of restricted cash for the acquisition of property, plant and equipment 1,471,632 1,302,039
Other (51,017) 2,495
Net cash used in investing activities (6,988) (972)
Cash flows from financing activities    
Proceeds from issuances of long-term debt 2,000,000 2,584,500
Investment in restricted cash (1,854,002) (2,321,253)
Debt issuance and deferred financing costs (145,998) (85,197)
Repayments of long-term debt 0 (177,000)
Distributions to owners (49,508) (49,508)
Other 0 (1,049)
Net cash used in financing activities (49,508) (49,507)
Net decrease in cash and cash equivalents (53,916) (43,545)
Cash and cash equivalents—beginning of period 248,830 351,032
Cash and cash equivalents—end of period $ 194,914 $ 307,487