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UNAUDITED CONSOLIDATED STATEMENTS OF CASHFLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
OPERATING ACTIVITIES    
Net (loss)/income $ (105,869) $ 44,761
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 56,284 36,866
Impairment of non-current assets 7,347 0
Impairment of long-lived assets 34,250 0
Amortization of deferred charges and debt guarantees 2,712 5,035
Equity in net (losses) of affiliates 39,869 6,215
Dividends received 0 8,119
Drydocking expenditure (7,001) 0
Compensation cost related to employee stock awards 5,008 5,367
Net foreign exchange loss 573 618
Change in fair value of derivative instruments 25,152 1,528
Change in fair value of oil derivative instrument (750) (108,300)
Change in assets and liabilities:    
Trade accounts receivable 31,198 (12,880)
Inventories (1,189) (35)
Other current and non-current assets (11,790) 6,443
Amounts due to related companies (5,778) 5,687
Trade accounts payable 164 (5,135)
Accrued expenses (57,268) 15,008
Other current and non-current liabilities (2,640) 39,037
Net cash provided by operating activities 10,272 48,334
INVESTING ACTIVITIES    
Additions to vessels and equipment (12,178) (1,801)
Additions to asset under development (105,339) (116,715)
Additions to investments in affiliates (8,292) (62,244)
Dividends received 18,408 18,335
Proceeds from disposals to Golar Partners 9,652 0
Proceeds from subscription of equity interest in Gimi MS Corporation 72,236 0
Proceeds from disposal of fixed assets 3,160 0
Net cash used in investing activities (22,353) (162,425)
FINANCING ACTIVITIES    
Proceeds from short-term and long-term debt 14,824 1,176,000
Repayments of short-term and long-term debt (123,495) (874,256)
Cash effect of consolidating Hilli Lessor VIE 0 36,532
Cash dividends paid (38,089) (9,906)
Proceeds from exercise of share options 0 1,183
Financing costs paid 0 (754)
Net cash (used in)/provided by financing activities (146,760) 328,799
Net increase in cash, cash equivalents and restricted cash (158,841) 214,708
Cash, cash equivalents and restricted cash at beginning of period 704,261 612,677
Cash, cash equivalents and restricted cash at end of period $ 545,420 $ 827,385