XML 35 R53.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed consolidating financial information (Details) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Guarantor Obligations [Line Items]          
Percentage of subsidiary guarantor owned by company (in hundredths)     100.00%    
Assets:          
Cash and cash equivalents $ 156,512 $ 232,401 $ 156,512 $ 232,401  
Accounts receivable — net 71,936   71,936   47,647
Due from affiliates 34,671   34,671   44,665
Inventories 158,538   158,538   171,961
Prepaid and other assets 43,131   43,131   40,646
Total current assets 464,788   464,788   488,320
Investment in subsidiaries 0   0   0
Property, plant and equipment — net 1,208,029   1,208,029   1,218,225
Other assets 106,284   106,284   104,549
TOTAL 1,779,101   1,779,101   1,811,094
Liabilities and shareholders' equity:          
Accounts payable, trade 70,360   70,360   86,172
Due to affiliates 43,055   43,055   41,904
Accrued and other current liabilities 44,716   44,716   40,776
Accrued employee benefits costs — current portion 16,107   16,107   16,698
Industrial revenue bonds 7,815   7,815   7,815
Total current liabilities 182,053   182,053   193,365
Senior notes payable 250,036   250,036   249,512
Accrued pension benefits costs — less current portion 67,762   67,762   70,899
Accrued postretirement benefits costs — less current portion 128,429   128,429   128,078
Other liabilities/intercompany loan 39,690   39,690   40,005
Deferred taxes — less current portion 90,832   90,832   90,958
Total noncurrent liabilities 576,749   576,749   579,452
Shareholders' equity:          
Preferred stock 1   1   1
Common stock 933   933   932
Additional paid-in capital 2,507,053   2,507,053   2,506,842
Treasury stock, at cost (49,924)   (49,924)   (45,891)
Accumulated other comprehensive income (loss) (132,067)   (132,067)   (134,588)
Retained earnings (accumulated deficit) (1,305,697)   (1,305,697)   (1,289,019)
Total shareholders' equity 1,020,299   1,020,299   1,038,277
TOTAL 1,779,101   1,779,101   1,811,094
Net sales:          
Third-party customers 184,022 207,091 372,861 395,403  
Related parties 139,597 159,186 276,948 297,211  
Sales Revenue – net 323,619 366,277 649,809 692,614  
Cost of goods sold 317,662 316,763 623,260 600,784  
Gross profit 5,957 49,514 26,549 91,830  
Other operating income - net   (5,205)   (11,089)  
Other operating expense (income) – net 3,817 (5,205) 7,538 (11,089)  
Selling, general and admin expenses 7,151 18,557 15,610 29,166  
Operating income (5,011) 36,162 3,401 73,753  
Interest expense – third party (5,946) (6,386) (11,924) (13,163)  
Interest expense - related parties 0 0 0 0  
Interest income – third party 113 65 251 220  
Interest income - affiliates 2 70 62 183  
Net gain on forward contracts 1,450 (1,617) (3,709) (6,426)  
Net loss on forward contracts   (1,617) (3,709) (6,426)  
Other income (loss) - net   (1,132) 467 (455)  
Other income (expense) - net 161 (1,132) 467 (455)  
Income (loss) before income taxes and equity in earnings of joint ventures (9,231) 27,162 (11,452) 54,112  
Income tax benefit (expense) (3,395) (3,636) (6,216) (6,759)  
Income (loss) before equity in earnings of joint ventures (12,626) 23,526 (17,668) 47,353  
Equity earnings (loss) of subsidiaries and joint ventures 349 460 990 1,679  
Net income (loss) (12,277) 23,986 (16,678) 49,032  
Other comprehensive income (loss) before income tax effect:          
Net unrealized gain (loss) on financial instruments 26 (27) (220) (33)  
Net loss (gain) reclassified to income on financial instruments 209 (39) 481 (50)  
Net gain on foreign currency cash flow hedges reclassified to income (46) (47) (93) (93)  
Defined benefit plans and other postretirement benefits:          
Net gain (loss) arising during the period 49 (5,769) 49 (5,769)  
Amortization of prior service benefit (1,031) (15,501) (2,056) (30,620)  
Amortization of net loss 2,941 6,995 5,125 13,280  
Other comprehensive income (loss) before income tax effect 2,148 (14,388) 3,286 (23,285)  
Income tax effect (383) (2,513) (765) (4,973)  
Other comprehensive income (loss) 1,765 (16,901) 2,521 (28,258)  
Comprehensive income (loss) (10,512) 7,085 (14,157) 20,774  
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS          
Net cash provided by operating activities     (1,615) (16,135)  
Investing activities:          
Purchase of property, plant and equipment     (6,165) (7,353)  
Nordural expansion     (3,586) (7,968)  
Purchase of carbon anode assets     (14,524) 0  
Investments in and advances to joint ventures     (200) 0  
Payments received on advances from joint ventures     3,166 3,056  
Proceeds from the sale of property, plant and equipment     68 56  
Increase (Decrease) in Restricted Cash for Operating Activities       3,673  
Net cash used in investing activities     (21,241) (8,536)  
Financing activities:          
Repayments of debt     0 (47,067)  
Repayment of contingent obligation       (189)  
Borrowings under revolving credit facility     18,076 0  
Repayments under revolving credit facility     (18,076) 0  
Intercompany transactions     0 0  
Repurchase of common stock     (4,033) 0  
Issuance of common stock     0 32  
Net cash provided by (used in) financing activities     (4,033) (47,224)  
CHANGE IN CASH AND CASH EQUIVALENTS     (26,889) (71,895)  
Cash and cash equivalents, beginning of the period     183,401 304,296  
Cash and cash equivalents, end of the period 156,512 232,401 156,512 232,401  
Senior secured notes due May 15, 2014 [Member]
          
Guarantor Obligations [Line Items]          
Interest rate (in hundredths) 8.00%   8.00%    
Senior unsecured notes due August 15, 2014 [Member]
          
Guarantor Obligations [Line Items]          
Interest rate (in hundredths) 7.50%   7.50%    
Combined Guarantor Subsidiaries [Member]
          
Assets:          
Cash and cash equivalents 0 573 0 573  
Accounts receivable — net 58,909   58,909   40,062
Due from affiliates 592,844   592,844   616,830
Inventories 92,417   92,417   96,197
Prepaid and other assets 2,396   2,396   8,668
Total current assets 746,566   746,566   761,757
Investment in subsidiaries 42,471   42,471   36,965
Property, plant and equipment — net 326,414   326,414   338,946
Other assets 21,840   21,840   21,870
TOTAL 1,137,291   1,137,291   1,159,538
Liabilities and shareholders' equity:          
Accounts payable, trade 30,380   30,380   43,215
Due to affiliates 2,105,339   2,105,339   2,103,687
Accrued and other current liabilities 12,239   12,239   10,596
Accrued employee benefits costs — current portion 13,840   13,840   14,267
Industrial revenue bonds 7,815   7,815   7,815
Total current liabilities 2,169,613   2,169,613   2,179,580
Senior notes payable 0   0   0
Accrued pension benefits costs — less current portion 37,462   37,462   40,277
Accrued postretirement benefits costs — less current portion 122,995   122,995   122,609
Other liabilities/intercompany loan 64,474   64,474   63,369
Deferred taxes — less current portion 0   0   0
Total noncurrent liabilities 224,931   224,931   226,255
Shareholders' equity:          
Preferred stock 0   0   0
Common stock 60   60   60
Additional paid-in capital 302,659   302,659   297,300
Treasury stock, at cost 0   0   0
Accumulated other comprehensive income (loss) (130,034)   (130,034)   (132,235)
Retained earnings (accumulated deficit) (1,429,938)   (1,429,938)   (1,411,422)
Total shareholders' equity (1,257,253)   (1,257,253)   (1,246,297)
TOTAL 1,137,291   1,137,291   1,159,538
Net sales:          
Third-party customers 131,721 143,052 267,575 273,539  
Related parties 76,469 83,751 150,999 151,063  
Sales Revenue – net 208,190 226,803 418,574 424,602  
Cost of goods sold 223,297 212,685 430,233 399,705  
Gross profit (15,107) 14,118 (11,659) 24,897  
Other operating income - net   (5,205)   (11,089)  
Other operating expense (income) – net 3,817   7,538    
Selling, general and admin expenses 8,238 16,614 16,217 25,714  
Operating income (27,162) 2,709 (35,414) 10,272  
Interest expense – third party (5,946) (6,386) (11,924) (13,163)  
Interest expense - related parties 16,030 17,442 32,248 34,672  
Interest income – third party 3 13 14 43  
Interest income - affiliates 0 0 0 0  
Net gain on forward contracts 1,450        
Net loss on forward contracts   (1,617) (3,709) (6,426)  
Other income (loss) - net   (900) 798 (284)  
Other income (expense) - net (6)        
Income (loss) before income taxes and equity in earnings of joint ventures (15,631) 11,261 (17,987) 25,114  
Income tax benefit (expense) (432) 1,769 (685) 3,590  
Income (loss) before equity in earnings of joint ventures (16,063) 13,030 (18,672) 28,704  
Equity earnings (loss) of subsidiaries and joint ventures 386 1,406 156 2,608  
Net income (loss) (15,677) 14,436 (18,516) 31,312  
Other comprehensive income (loss) before income tax effect:          
Net unrealized gain (loss) on financial instruments 26 (27) (220) (33)  
Net loss (gain) reclassified to income on financial instruments 209 (39) 481 (50)  
Net gain on foreign currency cash flow hedges reclassified to income 0 0 0 0  
Defined benefit plans and other postretirement benefits:          
Net gain (loss) arising during the period 0 0 0 0  
Amortization of prior service benefit (1,047) (15,517) (2,088) (30,652)  
Amortization of net loss 2,429 6,723 4,102 12,737  
Other comprehensive income (loss) before income tax effect 1,617 (8,860) 2,275 (17,998)  
Income tax effect (373) (7,251) (74) (7,131)  
Other comprehensive income (loss) 1,244 (16,111) 2,201 (25,129)  
Comprehensive income (loss) (14,433) (1,675) (16,315) 6,183  
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS          
Net cash provided by operating activities     (19,534) (20,260)  
Investing activities:          
Purchase of property, plant and equipment     (3,231) (2,860)  
Nordural expansion     0 0  
Purchase of carbon anode assets     (14,524)    
Investments in and advances to joint ventures     0    
Payments received on advances from joint ventures     0 0  
Proceeds from the sale of property, plant and equipment     10 0  
Increase (Decrease) in Restricted Cash for Operating Activities       3,673  
Net cash used in investing activities     (17,745) 813  
Financing activities:          
Repayments of debt       0  
Repayment of contingent obligation       (189)  
Borrowings under revolving credit facility     0    
Repayments under revolving credit facility     0    
Intercompany transactions     37,279 20,209  
Repurchase of common stock     0    
Issuance of common stock       0  
Net cash provided by (used in) financing activities     37,279 20,020  
CHANGE IN CASH AND CASH EQUIVALENTS     0 573  
Cash and cash equivalents, beginning of the period     0 0  
Cash and cash equivalents, end of the period 0 573 0 573  
Combined Non-Guarantor Subsidiaries [Member]
          
Assets:          
Cash and cash equivalents 138,699 193,658 138,699 193,658  
Accounts receivable — net 13,027   13,027   7,585
Due from affiliates 7,753   7,753   13,517
Inventories 66,121   66,121   75,764
Prepaid and other assets 36,760   36,760   38,809
Total current assets 262,360   262,360   294,832
Investment in subsidiaries 0   0   0
Property, plant and equipment — net 880,945   880,945   878,333
Other assets 58,061   58,061   43,269
TOTAL 1,201,366   1,201,366   1,216,434
Liabilities and shareholders' equity:          
Accounts payable, trade 39,220   39,220   42,278
Due to affiliates 101,135   101,135   78,411
Accrued and other current liabilities 34,699   34,699   29,822
Accrued employee benefits costs — current portion 0   0   0
Industrial revenue bonds 0   0   0
Total current liabilities 175,054   175,054   150,511
Senior notes payable 0   0   0
Accrued pension benefits costs — less current portion 0   0   0
Accrued postretirement benefits costs — less current portion 0   0   0
Other liabilities/intercompany loan 640,070   640,070   686,834
Deferred taxes — less current portion 90,832   90,832   90,958
Total noncurrent liabilities 730,902   730,902   777,792
Shareholders' equity:          
Preferred stock 0   0   0
Common stock 12   12   12
Additional paid-in capital 149,743   149,743   144,383
Treasury stock, at cost 0   0   0
Accumulated other comprehensive income (loss) (1,449)   (1,449)   (1,373)
Retained earnings (accumulated deficit) 147,104   147,104   145,109
Total shareholders' equity 295,410   295,410   288,131
TOTAL 1,201,366   1,201,366   1,216,434
Net sales:          
Third-party customers 52,301 64,039 105,286 121,864  
Related parties 63,128 75,435 125,949 146,148  
Sales Revenue – net 115,429 139,474 231,235 268,012  
Cost of goods sold 94,365 104,078 193,027 201,079  
Gross profit 21,064 35,396 38,208 66,933  
Other operating income - net   0 0 0  
Other operating expense (income) – net 0        
Selling, general and admin expenses (1,087) 1,943 (607) 3,452  
Operating income 22,151 33,453 38,815 63,481  
Interest expense – third party 0 0 0 0  
Interest expense - related parties (16,030) (17,442) (32,248) (34,672)  
Interest income – third party 110 52 237 177  
Interest income - affiliates 2 70 62 183  
Net gain on forward contracts 0        
Net loss on forward contracts   0 0 0  
Other income (loss) - net   (232) (331) (171)  
Other income (expense) - net 167        
Income (loss) before income taxes and equity in earnings of joint ventures 6,400 15,901 6,535 28,998  
Income tax benefit (expense) (2,963) (5,405) (5,531) (10,349)  
Income (loss) before equity in earnings of joint ventures 3,437 10,496 1,004 18,649  
Equity earnings (loss) of subsidiaries and joint ventures 349 460 990 1,679  
Net income (loss) 3,786 10,956 1,994 20,328  
Other comprehensive income (loss) before income tax effect:          
Net unrealized gain (loss) on financial instruments 0 0 0 0  
Net loss (gain) reclassified to income on financial instruments 0 0 0 0  
Net gain on foreign currency cash flow hedges reclassified to income (46) (47) (93) (93)  
Defined benefit plans and other postretirement benefits:          
Net gain (loss) arising during the period 0 0 0 0  
Amortization of prior service benefit 0 0 0 0  
Amortization of net loss 0 0 0 0  
Other comprehensive income (loss) before income tax effect (46) (47) (93) (93)  
Income tax effect 8 8 17 16  
Other comprehensive income (loss) (38) (39) (76) (77)  
Comprehensive income (loss) 3,748 10,917 1,918 20,251  
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS          
Net cash provided by operating activities     17,919 4,125  
Investing activities:          
Purchase of property, plant and equipment     (2,879) (4,164)  
Nordural expansion     (3,586) (7,968)  
Purchase of carbon anode assets     0    
Investments in and advances to joint ventures     0    
Payments received on advances from joint ventures     0 0  
Proceeds from the sale of property, plant and equipment     58 56  
Increase (Decrease) in Restricted Cash for Operating Activities       0  
Net cash used in investing activities     (6,407) (12,076)  
Financing activities:          
Repayments of debt       0  
Repayment of contingent obligation       0  
Borrowings under revolving credit facility     0    
Repayments under revolving credit facility     0    
Intercompany transactions     (31,970) (13,314)  
Repurchase of common stock     0    
Issuance of common stock       0  
Net cash provided by (used in) financing activities     (31,970) (13,314)  
CHANGE IN CASH AND CASH EQUIVALENTS     (20,458) (21,265)  
Cash and cash equivalents, beginning of the period     159,157 214,923  
Cash and cash equivalents, end of the period 138,699 193,658 138,699 193,658  
Century Aluminum Company [Member]
          
Assets:          
Cash and cash equivalents 17,813 38,170 17,813 38,170  
Accounts receivable — net 0   0   0
Due from affiliates 2,447,116   2,447,116   2,474,727
Inventories 0   0   0
Prepaid and other assets 3,975   3,975   3,169
Total current assets 2,468,904   2,468,904   2,502,140
Investment in subsidiaries (1,004,314)   (1,004,314)   (995,131)
Property, plant and equipment — net 980   980   1,211
Other assets 38,883   38,883   39,410
TOTAL 1,504,453   1,504,453   1,547,630
Liabilities and shareholders' equity:          
Accounts payable, trade 760   760   679
Due to affiliates 181,868   181,868   205,651
Accrued and other current liabilities 10,278   10,278   10,358
Accrued employee benefits costs — current portion 2,267   2,267   2,431
Industrial revenue bonds 0   0   0
Total current liabilities 195,173   195,173   219,119
Senior notes payable 250,036   250,036   249,512
Accrued pension benefits costs — less current portion 30,300   30,300   30,622
Accrued postretirement benefits costs — less current portion 5,434   5,434   5,469
Other liabilities/intercompany loan 3,211   3,211   4,631
Deferred taxes — less current portion 0   0   0
Total noncurrent liabilities 288,981   288,981   290,234
Shareholders' equity:          
Preferred stock 1   1   1
Common stock 933   933   932
Additional paid-in capital 2,507,053   2,507,053   2,506,842
Treasury stock, at cost (49,924)   (49,924)   (45,891)
Accumulated other comprehensive income (loss) (132,067)   (132,067)   (134,588)
Retained earnings (accumulated deficit) (1,305,697)   (1,305,697)   (1,289,019)
Total shareholders' equity 1,020,299   1,020,299   1,038,277
TOTAL 1,504,453   1,504,453   1,547,630
Net sales:          
Third-party customers 0 0 0 0  
Related parties 0 0 0 0  
Sales Revenue – net 0 0 0 0  
Cost of goods sold 0 0 0 0  
Gross profit 0 0 0 0  
Other operating income - net   0 0 0  
Other operating expense (income) – net 0        
Selling, general and admin expenses 0 0 0 0  
Operating income 0 0 0 0  
Interest expense – third party 0 0 0 0  
Interest expense - related parties 0 0 0 0  
Interest income – third party 0 0 0 0  
Interest income - affiliates 0 0 0 0  
Net gain on forward contracts 0        
Net loss on forward contracts   0 0 0  
Other income (loss) - net   0 0 0  
Other income (expense) - net 0        
Income (loss) before income taxes and equity in earnings of joint ventures 0 0 0 0  
Income tax benefit (expense) 0 0 0 0  
Income (loss) before equity in earnings of joint ventures 0 0 0 0  
Equity earnings (loss) of subsidiaries and joint ventures (12,277) 23,986 (16,678) 49,032  
Net income (loss) (12,277) 23,986 (16,678) 49,032  
Other comprehensive income (loss) before income tax effect:          
Net unrealized gain (loss) on financial instruments 26 (27) (220) (50)  
Net loss (gain) reclassified to income on financial instruments 209 (39) 481 (33)  
Net gain on foreign currency cash flow hedges reclassified to income (46) (47) (93) (93)  
Defined benefit plans and other postretirement benefits:          
Net gain (loss) arising during the period 49 (5,769) 49 (5,769)  
Amortization of prior service benefit (1,031) (15,501) (2,056) (30,620)  
Amortization of net loss 2,941 6,995 5,125 13,280  
Other comprehensive income (loss) before income tax effect 2,148 (14,388) 3,286 (23,285)  
Income tax effect (383) (2,513) (765) (4,973)  
Other comprehensive income (loss) 1,765 (16,901) 2,521 (28,258)  
Comprehensive income (loss) (10,512) 7,085 (14,157) 20,774  
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS          
Net cash provided by operating activities     0 0  
Investing activities:          
Purchase of property, plant and equipment     (55) (329)  
Nordural expansion     0 0  
Purchase of carbon anode assets     0    
Investments in and advances to joint ventures     (200)    
Payments received on advances from joint ventures     3,166 3,056  
Proceeds from the sale of property, plant and equipment     0 0  
Increase (Decrease) in Restricted Cash for Operating Activities       0  
Net cash used in investing activities     2,911 2,727  
Financing activities:          
Repayments of debt       (47,067)  
Repayment of contingent obligation       0  
Borrowings under revolving credit facility     18,076    
Repayments under revolving credit facility     (18,076)    
Intercompany transactions     (5,309) (6,895)  
Repurchase of common stock     (4,033)    
Issuance of common stock       32  
Net cash provided by (used in) financing activities     (9,342) (53,930)  
CHANGE IN CASH AND CASH EQUIVALENTS     (6,431) (51,203)  
Cash and cash equivalents, beginning of the period     24,244 89,373  
Cash and cash equivalents, end of the period 17,813 38,170 17,813 38,170  
Reclassifications and Eliminations [Member]
          
Assets:          
Cash and cash equivalents 0   0    
Accounts receivable — net 0   0   0
Due from affiliates (3,013,042)   (3,013,042)   (3,060,409)
Inventories 0   0   0
Prepaid and other assets 0   0   (10,000)
Total current assets (3,013,042)   (3,013,042)   (3,070,409)
Investment in subsidiaries 961,843   961,843   958,166
Property, plant and equipment — net (310)   (310)   (265)
Other assets (12,500)   (12,500)   0
TOTAL (2,064,009)   (2,064,009)   (2,112,508)
Liabilities and shareholders' equity:          
Accounts payable, trade 0   0   0
Due to affiliates (2,345,287)   (2,345,287)   (2,345,845)
Accrued and other current liabilities (12,500)   (12,500)   (10,000)
Accrued employee benefits costs — current portion 0   0   0
Industrial revenue bonds 0   0   0
Total current liabilities (2,357,787)   (2,357,787)   (2,355,845)
Senior notes payable 0   0   0
Accrued pension benefits costs — less current portion 0   0   0
Accrued postretirement benefits costs — less current portion 0   0   0
Other liabilities/intercompany loan (668,065)   (668,065)   (714,829)
Deferred taxes — less current portion 0   0   0
Total noncurrent liabilities (668,065)   (668,065)   (714,829)
Shareholders' equity:          
Preferred stock 0   0   0
Common stock (72)   (72)   (72)
Additional paid-in capital (452,402)   (452,402)   (441,683)
Treasury stock, at cost 0   0   0
Accumulated other comprehensive income (loss) 131,483   131,483   133,608
Retained earnings (accumulated deficit) 1,282,834   1,282,834   1,266,313
Total shareholders' equity 961,843   961,843   958,166
TOTAL (2,064,009)   (2,064,009)   (2,112,508)
Net sales:          
Third-party customers 0 0 0 0  
Related parties 0 0 0 0  
Sales Revenue – net 0 0 0 0  
Cost of goods sold 0 0 0 0  
Gross profit 0 0 0 0  
Other operating income - net   0 0 0  
Other operating expense (income) – net 0        
Selling, general and admin expenses 0 0 0 0  
Operating income 0 0 0 0  
Interest expense – third party 0 0 0 0  
Interest expense - related parties 0 0 0 0  
Interest income – third party 0 0 0 0  
Interest income - affiliates 0 0 0 0  
Net gain on forward contracts 0        
Net loss on forward contracts   0 0 0  
Other income (loss) - net   0 0 0  
Other income (expense) - net 0        
Income (loss) before income taxes and equity in earnings of joint ventures 0 0 0 0  
Income tax benefit (expense) 0 0 0 0  
Income (loss) before equity in earnings of joint ventures 0 0 0 0  
Equity earnings (loss) of subsidiaries and joint ventures 11,891 (25,392) 16,522 (51,640)  
Net income (loss) 11,891 (25,392) 16,522 (51,640)  
Other comprehensive income (loss) before income tax effect:          
Net unrealized gain (loss) on financial instruments (26) 27 220 50  
Net loss (gain) reclassified to income on financial instruments (209) 39 (481) 33  
Net gain on foreign currency cash flow hedges reclassified to income 46 47 93 93  
Defined benefit plans and other postretirement benefits:          
Net gain (loss) arising during the period 0 0 0 0  
Amortization of prior service benefit 1,047 15,517 2,088 30,652  
Amortization of net loss (2,429) (6,723) (4,102) (12,737)  
Other comprehensive income (loss) before income tax effect (1,571) 8,907 (2,182) 18,091  
Income tax effect 365 7,243 57 7,115  
Other comprehensive income (loss) (1,206) 16,150 (2,125) 25,206  
Comprehensive income (loss) 10,685 (9,242) 14,397 (26,434)  
Financing activities:          
Cash and cash equivalents, beginning of the period     0    
Cash and cash equivalents, end of the period $ 0   $ 0