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Unaudited Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
OPERATING ACTIVITIES    
Net income $ 127,289 $ 7,902
Non-cash items:    
Depreciation and amortization 212,263 229,682
Amortization of in-process revenue contracts (33,286) (35,907)
Gain on sale of vessels and equipment and other assets (1,309) (193)
Asset impairments and provisions (note 6b) 10,207 1,048
Equity income, net of dividends received (73,437) (22,934)
Income tax expense (recovery) 4,373 (5,417)
Employee stock option compensation 1,965 4,026
Unrealized foreign exchange gain (54,506) (16,222)
Unrealized (gain) loss on derivative instruments (54,699) 43,104
Other 7,435 41,594
Change in operating assets and liabilities (45,879) (95,479)
Expenditures for dry docking (33,592) (11,720)
Net operating cash flow 66,824 139,484
FINANCING ACTIVITIES    
Proceeds from issuance of long-term debt, net of issuance costs 1,163,917 819,955
Scheduled repayments of long-term debt (note 7) (228,982) (154,253)
Prepayments of long-term debt (703,816) (487,548)
Repayments of capital lease obligations (5,205) (5,040)
Advances of loans from joint ventures and joint venture partners   (3,659)
Increase (decrease) in restricted cash 465 (31,641)
Equity contribution by joint venture partner 1,684  
Issuance of Common Stock upon exercise of stock options 16,582 5,161
Repurchase of Teekay Tankers Ltd. shares   (1,667)
Distributions paid from subsidiaries to non-controlling interests (125,728) (121,109)
Cash dividends paid (45,282) (44,956)
Net financing cash flow 286,036 41,097
INVESTING ACTIVITIES    
Expenditures for vessels and equipment (320,018) (205,186)
Proceeds from sale of vessels and equipment and other 39,551 205,096
Proceeds from sale of marketable securities   1,063
Investment in joint ventures (136,413) (161,209)
Advances to joint ventures and joint venture partners (41,452) (58,916)
Direct financing lease payments received 6,187 12,162
Other investing activities   19
Net investing cash flow (452,145) (206,971)
Decrease in cash and cash equivalents (99,285) (26,390)
Cash and cash equivalents, beginning of the period 639,491 692,127
Cash and cash equivalents, end of the period 540,206 665,737
Teekay LNG [Member]
   
FINANCING ACTIVITIES    
Net proceeds from issuance of units (note 5) 4,819  
Teekay Offshore [Member]
   
FINANCING ACTIVITIES    
Net proceeds from issuance of units (note 5) 207,582  
Teekay Tankers [Member]
   
FINANCING ACTIVITIES    
Net proceeds from issuance of units (note 5)   $ 65,854