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SCHEDULE I CONSOLIDATED FINANCIAL INFORMATION OF REGISTRANT

12 Months Ended

Dec. 31, 2020

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF REGISTRANT

ALLIANCE RESOURCE PARTNERS, L.P.

CONDENSED BALANCE SHEETS (PARENT)

DECEMBER 31, 2020 AND 2019

(In thousands, except unit data)


		December 31,
		2020			2019
ASSETS
CURRENT ASSETS:
Cash and cash equivalents		$	2,174		$	2,176
Total current assets			2,174			2,176
OTHER ASSETS:
Investments in consolidated subsidiaries			1,146,491			1,329,406
Total other assets			1,146,491			1,329,406
TOTAL ASSETS		$	1,148,665		$	1,331,582

LIABILITIES AND PARTNERS' CAPITAL
CURRENT LIABILITIES:
Accrued taxes other than income taxes		$	100		$	100
Total current liabilities			100			100
Total liabilities			100			100

PARTNERS' CAPITAL:
Limited Partners - Common Unitholders 127,195,219 and 126,915,597 units outstanding, respectively			1,148,565			1,331,482
TOTAL LIABILITIES AND PARTNERS' CAPITAL		$	1,148,665		$	1,331,582

See accompanying notes.

CONDENSED STATEMENTS OF OPERATIONS (PARENT)

FOR THE YEARS ENDED DECEMBER 31, 2020, 2019 AND 2018

(In thousands, except unit and per unit data)


		Year Ended December 31,
		2020			2019			2018
EXPENSES:
General and administrative		$	—		$	41		$	30
Total operating expenses			—			41			30

INCOME (LOSS) FROM OPERATIONS			—			(41)			(30)

Interest income			24			34			22
Equity in earnings of consolidated subsidiaries			(129,244)			399,421			366,612
NET INCOME (LOSS) ATTRIBUTABLE TO ARLP		$	(129,220)		$	399,414		$	366,604

NET INCOME (LOSS) ATTRIBUTABLE TO ARLP
GENERAL PARTNER		$	—		$	—		$	1,560
LIMITED PARTNERS		$	(129,220)		$	399,414		$	365,044

EARNINGS PER LIMITED PARTNER UNIT - BASIC AND DILUTED		$	(1.02)		$	3.07		$	2.74

WEIGHTED-AVERAGE NUMBER OF UNITS OUTSTANDING – BASIC AND DILUTED			127,164,659			128,116,670			130,758,169

See accompanying notes.

CONDENSED STATEMENTS OF CASH FLOWS (PARENT)

FOR THE YEARS ENDED DECEMBER 31, 2020, 2019 AND 2018

(In thousands)


		Year Ended December 31,
		2020			2019			2018

CASH FLOWS FROM OPERATING ACTIVITIES:		$	51,751		$	278,308		$	275,924

CASH FLOWS FROM FINANCING ACTIVITIES:
Distributions paid to Partners			(51,753)			(278,425)			(275,902)
Net cash used in financing activities			(51,753)			(278,425)			(275,902)
NET CHANGE IN CASH AND CASH EQUIVALENTS			(2)			(117)			22
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD			2,176			2,293			2,271
CASH AND CASH EQUIVALENTS AT END OF PERIOD		$	2,174		$	2,176		$	2,293

See accompanying notes.

NOTES TO FINANCIAL INFORMATION (PARENT)

1.BASIS OF PRESENTATION

In these parent-company-only financial statements, our investment in consolidated subsidiaries is stated at cost plus equity in undistributed earnings of subsidiaries and reduced by distributions received from subsidiaries since the date of acquisition. These parent-company-only financial statements should be read in conjunction with our consolidated financial statements in "Item 8. Financial Statements and Supplementary Data" of this Annual Report on Form 10-K.

2.GUARANTEES

As the parent of the Intermediate Partnership, we are a guarantor of both the Credit Agreement and Senior Notes discussed in "Item 8. Financial Statements and Supplementary Data—Note 8 – Long-Term Debt" of this Annual Report on Form 10-K. In addition to these guarantees, we have provided guarantees on surety indemnity agreements and financially guaranteed certain coal supply agreements. The duration of these guarantees varies and the maximum undiscounted potential future payment obligation related to these guarantees as of December 31, 2020 is not material.

3.CASH DISTRIBUTIONS RECEIVED

We received distributions of $51.8 million, $278.4 million and $275.9 million from our consolidated subsidiaries during the years ended December 31, 2020, 2019, and 2018, respectively.