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UNAUDITED CONSOLIDATED STATEMENTS OF CASHFLOWS (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
OPERATING ACTIVITIES    
Net income $ (11,239) $ 144,533
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24,467 17,671
Amortization of deferred tax benefit on intragroup transfers (1,744) (1,743)
Amortization of deferred charges and parent guarantee 1,093 65
Gain on disposals to Golar Partners (includes amortization of deferred gains) (35,036) (65,365)
Equity in net earnings of affiliates (7,084) (5,490)
Dividend income from available-for-sale and cost investments recognized in operating income (12,855) (15,101)
Dividends received 30,153 31,290
Drydocking expenditure (3,203) (235)
Stock-based compensation 241 332
Net foreign exchange gain (839) 0
Trade accounts receivable (7,443) (501)
Inventories (1,285) (5,449)
Prepaid expenses, accrued income and other assets 29,491 (41,061)
Amount due to/from related companies (1,662) 1,191
Trade accounts payable (6,548) (1,892)
Accrued expenses and deferred income 4,696 (3,354)
Other liabilities (8,795) (20,254)
Net cash (used in) provided by operating activities (7,592) 34,637
INVESTING ACTIVITIES    
Additions to vessels and equipment (2,224) (410)
Additions to newbuildings (459,041) (298,499)
Additions to assets under development (165,078) 0
Short-term loan granted to third party 0 (11,960)
Short-term loan to Golar Partners (20,000) (20,000)
Additions to investments 0 (2,620)
Additions to available-for-sale securities 0 (12,400)
Proceeds from disposal of business to Golar Partners, net of cash disposed (1) 148,048 [1] 117,517 [1]
Restricted cash and short term investments 23,433 1,551
Net cash used in investing activities (474,862) (226,821)
FINANCING ACTIVITIES    
Proceeds from issuance of equity, net of issue costs (2) 661,582 [2] 0 [2]
Proceeds from Short-term Debt 67,559 0
Proceeds from long-term debt (including related parties) 289,203 0
Repayments of short term and long term debt - including Related Parties (132,941) (4,700)
Financing costs paid (7,853) (47)
Cash dividends paid(3) (36,271) [3] (36,479) [3]
Proceeds from exercise of share options 511 153
Net cash provided by (used in) financing activities 841,790 (41,073)
Net (decrease) increase in cash and cash equivalents 359,336 (233,257)
Cash and cash equivalents at beginning of period 125,347 424,714
Cash and cash equivalents at end of period $ 484,683 $ 191,457
[1] In addition to cash consideration received for the disposals to Golar Partners, there was non-cash consideration, including assumption of bank debt, interest rate swap asset/liability and other purchase price adjustments (see note 4).
[2] This excludes additional issue costs of $0.6 millionwhich were paid in July 2014.
[3] Cash dividends declared in relation to the quarter ended March 31, 2014 amounting to$36.2 million were paid in July 2014.