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Condensed Financial Information of Registrant
 12 Months Ended
Sep. 30, 2019
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]  
Condensed Financial Information of Registrant

Schedule I

STAR GROUP, L.P. (PARENT COMPANY)

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

 

 

 

September 30,

 

(in thousands)

 

2019

 

 

2018

 

Balance Sheets

 

 

 

 

 

 

 

 

ASSETS

 

 

 

 

 

 

 

 

Current assets

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

50

 

 

$

54

 

Prepaid expenses and other current assets

 

 

232

 

 

 

217

 

Total current assets

 

 

282

 

 

 

271

 

Investment in subsidiaries (a)

 

 

260,601

 

 

 

309,541

 

Total Assets

 

$

260,883

 

 

$

309,812

 

LIABILITIES AND PARTNERS’ CAPITAL

 

 

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

 

 

Accrued expenses

 

$

43

 

 

$

27

 

Total current liabilities

 

 

43

 

 

 

27

 

Partners’ capital

 

 

260,840

 

 

 

309,785

 

Total Liabilities and Partners’ Capital

 

$

260,883

 

 

$

309,812

 

 

(a)

Investments in Star Acquisitions, Inc. and subsidiaries are recorded in accordance with the equity method of accounting.

Schedule I

STAR GROUP, L.P. (PARENT COMPANY)

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

 

 

 

Years Ended September 30,

 

(in thousands)

 

2019

 

 

2018

 

 

2017

 

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

—

 

 

$

—

 

 

$

—

 

General and administrative expenses

 

 

1,377

 

 

 

1,647

 

 

 

2,116

 

Operating loss

 

 

(1,377

)

 

 

(1,647

)

 

 

(2,116

)

Net loss before equity income

 

 

(1,377

)

 

 

(1,647

)

 

 

(2,116

)

Equity income of Star Acquisitions Inc. and subs

 

 

19,014

 

 

 

57,152

 

 

 

29,016

 

Net income

 

$

17,637

 

 

$

55,505

 

 

$

26,900

 

 

Schedule I

STAR GROUP, L.P. (PARENT COMPANY)

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

 

 

 

Years Ended September 30,

 

(in thousands)

 

2019

 

 

2018

 

 

2017

 

Statements of Cash Flows

 

 

 

 

 

 

 

 

 

 

 

 

Cash flows provided by operating activities:

 

 

 

 

 

 

 

 

 

 

 

 

Net cash provided by operating activities (a)

 

$

76,942

 

 

$

52,317

 

 

$

24,052

 

Cash flows provided by investing activities:

 

 

 

 

 

 

 

 

 

 

 

 

Net cash provided by investing activities

 

 

—

 

 

 

—

 

 

 

—

 

Cash flows used in financing activities:

 

 

 

 

 

 

 

 

 

 

 

 

Distributions

 

 

(25,593

)

 

 

(25,603

)

 

 

(24,322

)

Unit repurchase

 

 

(51,353

)

 

 

(26,714

)

 

 

—

 

Net cash used in financing activities

 

 

(76,946

)

 

 

(52,317

)

 

 

(24,322

)

Net decrease in cash

 

 

(4

)

 

 

—

 

 

 

(270

)

Cash and cash equivalents at beginning of period

 

 

54

 

 

 

54

 

 

 

324

 

Cash and cash equivalents at end of period

 

$

50

 

 

$

54

 

 

$

54

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) Includes distributions from subsidiaries

 

$

76,942

 

 

$

52,317

 

 

$

24,052