Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities    
Net loss $ (44,193) $ (9,078)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 21,245 21,480
Non-cash derivative loss 821 331
Amortization of debt issuance costs 2,185 2,173
Amortization of debt discount 2,347 2,347
Changes in operating assets and liabilities:    
Accounts and interest receivable 499 1,170
Accounts receivable—affiliate (599) 553
Accounts payable and accrued liabilities 7,135 4,671
Accounts payable and accrued liabilities—affiliate 3,636 (811)
Advances to affiliate (1,508) 3,288
Deferred revenue (3,481) (2,229)
LNG inventory—affiliate 3,399 0
Other (4,518) (2,540)
Net cash provided by (used in) operating activities (13,032) 21,355
Cash flows from investing activities    
LNG terminal construction-in-process, net (39,194) (5,390)
Advances under long-term contracts and other (4,714) (115)
Net cash used in investing activities (43,908) (5,505)
Cash flows from financing activities    
Proceeds from sale of Class B units 166,667 0
Distributions to unitholders (27,040) (23,025)
Proceeds from sale of common units 12,379 9,153
Deferred financing costs (5,530) 0
Net cash provided by (used in) financing activities 146,476 (13,872)
Net decrease in cash and cash equivalents 89,536 1,978
Cash and cash equivalents—beginning of period 81,415 53,349
Cash and cash equivalents—end of period $ 170,951 $ 55,327