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UNAUDITED CONSOLIDATED STATEMENTS OF CASHFLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
OPERATING ACTIVITIES    
Net loss $ (123,720) $ (158,983)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 42,552 39,149
Amortization of deferred tax benefits on intra-group transfers 0 (1,715)
Amortization of deferred charges and guarantees [1] (667) 12,439
Equity in net losses of affiliates 13,193 5,563
Dividends received 25,655 26,689
Compensation cost related to stock options 3,875 2,784
Net foreign exchange loss 1,121 821
Impairment of long-term assets 0 1,706
Impairment of loan receivable 0 7,627
Restricted cash and short-term deposits (405) (217)
Change in assets and liabilities:    
Trade accounts receivable (1,989) (2,493)
Inventories 447 2,648
Prepaid expenses, accrued income and other assets 714 19,903
Amounts due from/to related companies (23,992) 12,093
Trade accounts payable (2,319) (57,051)
Accrued expenses and deferred income 15,934 11,390
Other liabilities 18,438 18,443
Net cash used in operating activities (31,163) (59,204)
INVESTING ACTIVITIES    
Additions to vessels and equipment (1,093) (13,259)
Additions to newbuildings 0 (19,220)
Additions to assets under development (133,696) (74,282)
Additions to investments (57,147) 0
Loans granted (including related parties) 0 (1,000)
Proceeds from disposal of business to Golar Partners, net of cash disposed 0 107,247
Restricted cash and short-term deposits (6,544) (5,430)
Net cash used in investing activities (198,480) (5,944)
FINANCING ACTIVITIES    
Proceeds from short-term and long-term debt (including related parties) 778,432 305,817
Repayments of short-term and long-term debt (including related parties) (371,268) (164,357)
Payment for capped call in connection with bond issuance (31,194) 0
Financing costs paid (1,564) (4,429)
Cash dividends paid (10,334) (45,061)
Purchase of treasury shares 0 (8,214)
Restricted cash and short-term deposits (15,393) (59,123)
Net cash provided by financing activities 348,679 24,633
Net increase (decrease) in cash and cash equivalents 119,036 (40,515)
Cash and cash equivalents at beginning of period 224,190 [2] 105,235
Cash and cash equivalents at end of period $ 343,226 $ 64,720
[1] This includes the amortization in relation to the Golar Grand charter-back guarantee obligation.
[2] Previously, the assets and liabilities associated with the agreement to sell our interests in the companies that own and operate the FSRU the Golar Tundra to Golar Partners were classified as held-for-sale. As of March 31, 2017, these assets and liabilities ceased to qualify for classification as held-for-sale. Accordingly, as of June 30, 2017 (and for all retrospective periods presented), these assets and liabilities are presented as held and used in the consolidated balance sheets. See note 2.