Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v3.5.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities    
Net loss $ (175,031) $ (238,719)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Non-cash LNG inventory write-downs 0 17,366
Depreciation and amortization expense 47,572 30,870
Amortization of debt issuance costs and discount 8,873 5,019
Loss on early extinguishment of debt 27,761 96,273
Total losses on derivatives, net 47,696 35,128
Net cash used for settlement of derivative instruments (4,081) (38,028)
Other 33 25
Changes in restricted cash for certain operating activities 110,089 15,954
Changes in operating assets and liabilities:    
Accounts and other receivables (70,757) (77)
Accounts receivable—affiliate 1,206 1,441
Advances to affiliate 956 2,541
Inventory (17,470) (27,427)
Accounts payable and accrued liabilities 49,320 84,580
Due to affiliates (2,955) 12,627
Deferred revenue (1,960) (1,985)
Other, net (8,737) (9,509)
Other, net—affiliate (751) 16,501
Net cash provided by operating activities 11,764 2,580
Cash flows from investing activities    
Property, plant and equipment, net (1,223,969) (1,427,603)
Use of restricted cash for the acquisition of property, plant and equipment 1,255,607 1,471,632
Other (38,782) (51,017)
Net cash used in investing activities (7,144) (6,988)
Cash flows from financing activities    
Proceeds from issuances of debt 3,365,000 2,000,000
Repayments of debt (1,842,305) 0
Debt issuance and deferred financing costs (70,049) (145,998)
Investment in restricted cash (1,541,645) (1,854,002)
Distributions to owners (49,511) (49,508)
Other (69) 0
Net cash used in financing activities (138,579) (49,508)
Net decrease in cash and cash equivalents (133,959) (53,916)
Cash and cash equivalents—beginning of period 146,221 248,830
Cash and cash equivalents—end of period $ 12,262 $ 194,914