Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Cashflows - Predecessor

v3.22.2.2
Consolidated Statement of Cashflows - Predecessor - USD ($)
$ in Thousands
8 Months Ended 9 Months Ended
Sep. 14, 2021
Sep. 30, 2021
Cash flows from operating activities    
Net income (loss) $ (19,278) $ (34,606)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities    
Depreciation, amortization and accretion expense   4,077
Amortization of debt issuance costs   627
Amortization of intangibles and below-market contracts   (500)
Return on investment in equity method investments   336
Total (gains) losses on derivatives, net   10,413
Changes in operating assets and liabilities:    
Accounts receivable   (692)
Inventory   (270)
Prepaid expenses and other current assets   (22,315)
Other non-current assets   (3,490)
Accounts payable - trade   (1,207)
Accrued and other liabilities   (7,475)
Net cash provided by (used in) operating activities   (54,710)
Cash flows from investing activities    
Additions to property, plant and equipment and progress payments   (88,209)
Net cash used in investing activities   (587,372)
Cash flows from financing activities    
Payments on long-term debt   (47,040)
Net cash provided by financing activities   811,386
Net change in cash, cash equivalents and restricted cash   169,304
Cash, cash equivalents and restricted cash - beginning of period 1,496 1,496
Cash, cash equivalents and restricted cash - end of period   170,800
Supplemental cash flow information    
Cash paid for interest [1]   1,869
Aria Energy LLC    
Cash flows from operating activities    
Net income (loss) 84,520  
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities    
Depreciation, amortization and accretion expense 15,948  
Gain on disposal of assets (1,573)  
Amortization of debt issuance costs 699  
Amortization of intangibles and below-market contracts 859  
Return on investment in equity method investments 19,518  
Equity in earnings of equity method investments (19,777)  
Total (gains) losses on derivatives, net (1,268)  
Gain on extinguishment of debt (61,411)  
Net periodic benefit cost 106  
Changes in operating assets and liabilities:    
Accounts receivable (4,728)  
Inventory (1,318)  
Prepaid expenses and other current assets (143)  
Other non-current assets (196)  
Accounts payable - trade 478  
Accrued and other liabilities 19,231  
Net cash provided by (used in) operating activities 50,945  
Cash flows from investing activities    
Additions to property, plant and equipment and progress payments (2,318)  
Contributions to equity method investments (8,430)  
Net cash used in investing activities (10,748)  
Cash flows from financing activities    
Payments on long-term debt (49,551)  
Net cash provided by financing activities (49,551)  
Net change in cash, cash equivalents and restricted cash (9,354)  
Cash, cash equivalents and restricted cash - beginning of period 14,257 $ 14,257
Cash, cash equivalents and restricted cash - end of period 4,903  
Supplemental cash flow information    
Cash paid for interest 5,940  
Non-cash investing activities    
Accruals of property and equipment incurred but not yet paid $ 25  
[1] Net of capitalized interest of $6.1 million and $7.2 million for the nine months ended September 30, 2022 and 2021, respectively.